Grace Announces Conference Call to Review Chapter 11-Related Financial Matters

  Grace Announces Conference Call to Review Chapter 11-Related Financial
  Matters

Business Wire

COLUMBIA, Md. -- November 08, 2012

W. R. Grace & Co. (NYSE: GRA) today filed its Quarterly Report on Form 10-Q
for the period ended September 30, 2012. The report updates disclosure on
certain Chapter 11-related accounting matters. Grace will host a conference
call and webcast on Friday, November 9, at 10:00 a.m. ET to further discuss
these matters, including the accounting, exit financing and tax implications
of the recently announced warrant cash settlement agreement. A question and
answer session will follow the prepared remarks.

Access to the live webcast and the accompanying slides will be available
through the Investor Relations section of the company’s web site,
http://investor.grace.com. Those without access to the Internet can
participate by dialing +1 800.591.6942 (U.S.) or +1 617.614.4909
(International). The participant passcode is 34831875. Investors are advised
to dial into the call at least ten minutes early in order to register.

An audio replay will be available at 12:00 p.m. ET on November 9. The replay
will be accessible by dialing +1 888.286.8010 (U.S.) or +1 617.801.6888
(International) and entering the participant passcode 29368191. The replay
will be available for one week.

About Grace

Grace is a leading global supplier of catalysts; engineered and packaging
materials; and, specialty construction chemicals and building materials. The
company’s three industry-leading business segments—Grace Catalysts
Technologies, Grace Materials Technologies and Grace Construction
Products—provide innovative products, technologies and services that enhance
the quality of life. Grace employs approximately 6,000 people in over 40
countries and had 2011 net sales of $3.2 billion. More information about Grace
is available at www.grace.com.

This announcement contains forward-looking statements, that is, information
related to future, not past, events. Such statements generally include the
words “believes,” “plans,” “intends,” “targets,” “will,” “expects,”
“suggests,” “anticipates,” “outlook,” “continues” or similar expressions.
Forward-looking statements include, without limitation, all statements
regarding Grace’s Chapter 11 case; expected financial positions; results of
operations; cash flows; financing plans; business strategy; budgets; capital
and other expenditures; competitive positions; growth opportunities for
existing products; benefits from new technology and cost reduction
initiatives, plans and objectives; and markets for securities. For these
statements, Grace claims the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995.
Like other businesses, Grace is subject to risks and uncertainties that could
cause its actual results to differ materially from its projections or that
could cause other forward-looking statements to prove incorrect. Factors that
could cause actual results to materially differ from those contained in the
forward-looking statements include, without limitation: developments affecting
Grace’s bankruptcy, proposed plan of reorganization and settlements with
certain creditors, the cost and availability of raw materials (including rare
earth) and energy, developments affecting Grace’s underfunded and unfunded
pension obligations, risks related to foreign operations, especially in
emerging regions, acquisitions and divestitures of assets and gains and losses
from dispositions or impairments, the effectiveness of its research and
development and growth investments, its legal and environmental proceedings,
costs of compliance with environmental regulation and those factors set forth
in Grace’s most recent Annual Report on Form 10-K, quarterly report on Form
10-Q and current reports on Form 8-K, which have been filed with the
Securities and Exchange Commission and are readily available on the Internet
at www.sec.gov. Reported results should not be considered as an indication of
future performance. Readers are cautioned not to place undue reliance on
Grace’s projections and forward-looking statements, which speak only as of the
date thereof. Grace undertakes no obligation to publicly release any revision
to the projections and forward-looking statements contained in this
announcement, or to update them to reflect events or circumstances occurring
after the date of this announcement.

Contact:

W. R. Grace & Co.
Media Relations
Mike Jones, +1 410-531-8228
mike.jones@grace.com
or
Investor Relations
Mark Sutherland, +1 410-531-4590
mark.sutherland@grace.com