Horgen, Switzerland - November 23, 2007

Dow Epoxy, a global business unit of The Dow Chemical Company and its affiliates (“Dow”), today announced price increases for its Epoxy Resins in Europe and India, Middle East and Africa.

Effective December 1, or as contract terms allow, Dow Epoxy will increase prices in Europe (including Turkey) for Liquid Epoxy Resins (D.E.R.™ 300 series), Solid Epoxy Resins (D.E.R 600 series), Solid Solution Epoxy Resins (D.E.R. 600 series) and Liquid Epoxy Blends (D.E.R. 300 series) by Euro 70 per metric ton. Epoxy Novolac Resins (D.E.N.™ 400 series) will rise by Euro 100 per metric ton.

In India, Middle East and Africa, prices will rise by US$ 150 per metric ton for the same grades.

All other terms and conditions of sale for these products remain unchanged.

About Dow Epoxy

Dow Epoxy is one of the world’s largest epoxy resins and intermediates manufacturers, with strong positions in a number of major application areas, including coatings, electrical laminates and civil engineering. Dow Epoxy, through a new business unit known as Dow Epoxy Systems, also serves as a formulator for users of specialty epoxy systems in many industries, including civil engineering, specialty industrial and protective coatings, composites (including wind energy) and others. More information about products and solutions from Dow Epoxy is available at www.dowepoxy.com and www.dowepoxysystems.com.

About Dow

®™^* Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow

For Editorial Information:

Marielle Jaeger
Dow Europe GmbH
+41 44 728 2246