Horgen, Switzerland - January 18, 2008

Raw material and energy costs related to the production of polyethylene have reached record levels, which do not allow for acceptable margins for Dow. At the same time, Dow continues to experience strong demand for polyethylene resins. Based on these conditions, Dow Europe GmbH is announcing a price increase across the European, Middle Eastern, African and Indian regions for all polyethylene resins.

Effective February 1, 2008, or as contract terms allow, Dow Europe will increase prices by 50 Euro per metric ton for all grades of its low-density polyethylene (LDPE) resins and high-density polyethylene (HDPE) resins, DOWLEX™ polyethylene resins, ATTANE™ ultra low density polyethylene (ULDPE) copolymers, ELITE™ enhanced polyethylene resins and ASPUN™ fiber grade resins.

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For Editorial Information:

Tania Cook
The Dow Chemical Company
+41 44 728 2481