Midland, MI - November 01, 2005

Effective December 1, 2005 or as soon thereafter as contracts allow, The Dow Chemical Company and its subsidiaries will raise prices of PELLETHANE polyurethane elastomers resins globally by $0.15/lb.

This increase is being implemented as a result of the continuing pressure from rising raw material costs and product support costs.

"We must increase prices and restore margins to ensure we continue to operate as a specialty, innovative R&D business," said Mike McGaugh, Product Director for Thermoplastic Polyurethane Resins. "By increasing prices, we will ensure we continue to offer our customers specialized products and high quality research and technical service expertise."

Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $40 billion, Dow serves customers in 175 countries and a wide range of markets that are vital to human progress: food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 43,000 employees seek to balance economic, environmental and social responsibilities. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

For additional information on Dow's engineering thermoplastic polyurethane resins, customers should contact the Dow Customer Information Group at 1-800-441-4369 (U.S. and Canada) or 1-989-832-1560 (from other global regions.) Additional information can be found on the Dow website at http://plastics.dow.com/about/performance.htm

For Editorial Information:

Deb Toledo
The Dow Chemical Company
713-978-2189