Rohm and Haas Issues Statement on Merger with Dow

Rohm and Haas Company and The Dow Chemical Company entered into a definitive agreement on July 10, 2008 providing for the acquisition of Rohm and Haas by Dow.

Rohm and Haas Company has reiterated that the completion of the K-Dow Petrochemicals partnership between The Dow Chemical Company and Petrochemicals Industries Company of Kuwait is not a closing condition for the proposed merger between Rohm and Haas Company and The Dow Chemical Company.

Rohm and Haas Company and The Dow Chemical Company entered into a definitive agreement on July 10, 2008 providing for the acquisition of Rohm and Haas by Dow, subject to the terms of that agreement. Rohm and Haas Company shareholders approved this agreement on October 29, 2008.

Rohm and Haas Company continues to work diligently towards completing the
proposed transaction with Dow in early 2009.

Rohm and Haas is a global pioneer in the creation and development of innovative technologies and solutions for the specialty materials industry. The company`s technologies are found in a wide range of industries including: Building and Construction, Electronics and Electronic Devices, Household Goods and Personal Care, Packaging and Paper, Transportation, Pharmaceutical and Medical, Water, Food and Food Related, and Industrial
Process. Based in Philadelphia, PA, the company generated annual sales of approximately $8.9 billion in 2007.