DuPont to Begin Reporting "Operating Earnings" in 2013

            DuPont to Begin Reporting "Operating Earnings" in 2013

PR Newswire

WILMINGTON, Del., Dec. 13, 2012

WILMINGTON, Del., Dec. 13, 2012 /PRNewswire/ --DuPont announced the
introduction of operating earnings as the basis for reporting results to
provide more transparency to the company's operational results and pension
costs. The company defines operating earnings (non-GAAP) as earnings from
continuing operations (GAAP) excluding significant items and non-operating
pension and other postretirement employee benefit (OPEB) costs, which are
impacted by changes in interest rates and plan returns. The pension/OPEB
service cost component is included in operating earnings as this reflects the
ongoing costs of providing postretirement benefits to the company's eligible
employees.

"We believe this reporting change provides investors with better transparency
to operational results by reducing volatility in earnings due to
non-operational factors, such as fluctuations in discount rates and return on
plan assets," said DuPont Executive Vice President and CFO Nicholas C.
Fanandakis. "This change, which is better aligned with management's
decision-making process, also allows for better comparison of each business's
operating results to their peer companies' operating results that have
different benefit structures."

DuPont will begin reporting operating earnings in 2013. For the nine-month
period ended Sept. 30, 2012, non-operating pension/OPEB costs were
approximately $.36 per share on a continuing operations basis. The company
has provided additional information regarding this change in reporting as well
as a summary of operating earnings and segment earnings by quarter for 2010,
2011 and third quarter year-to-date 2012 on the DuPont Investor Center website
at www.investors.dupont.com.

Use of Non-GAAP Measures
Management believes that certain non-GAAP measurements are meaningful to
investors because they provide insight with respect to ongoing operating
results of the company. Such measurements are not recognized in accordance
with generally accepted accounting principles (GAAP) and should not be viewed
as an alternative to GAAP measures of performance.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the
global marketplace in the form of innovative products, materials, and services
since 1802. The company believes that by collaborating with customers,
governments, NGOs, and thought leaders we can help find solutions to such
global challenges as providing enough healthy food for people everywhere,
decreasing dependence on fossil fuels, and protecting life and the
environment. For additional information about DuPont and its commitment to
inclusive innovation, please visit http://www.dupont.com.

Forward-Looking Statements: This news release contains forward-looking
statements which may be identified by their use of words like "plans,"
"expects," "will," "anticipates," "believes," "intends," "estimates" or other
words of similar meaning. All statements that address expectations or
projections about the future, including statements about the company's growth
strategy, product development, regulatory approval, market position,
anticipated benefits of acquisitions, outcome of contingencies, such as
litigation and environmental matters, expenditures and financial results, are
forward-looking statements. Forward-looking statements are not guarantees of
future performance and are based on certain assumptions and expectations of
future events which may not be realized. Forward-looking statements also
involve risks and uncertainties, many of which are beyond the company's
control. Some of the important factors that could cause the company's actual
results to differ materially from those projected in any such forward-looking
statements are: fluctuations in energy and raw material prices; failure to
develop and market new products and optimally manage product life cycles;
significant litigation and environmental matters; failure to appropriately
manage process safety and product stewardship issues; changes in laws and
regulations or political conditions; global economic and capital markets
conditions, such as inflation, interest and currency exchange rates; business
or supply disruptions; security threats, such as acts of sabotage, terrorism
or war, weather events and natural disasters; inability to protect and enforce
the company's intellectual property rights; and integration of acquired
businesses and completion of divestitures of underperforming or non-strategic
assets or businesses. The company undertakes no duty to update any
forward-looking statements as a result of future developments or new
information.

SOURCE DuPont

Website: http://www.dupont.com
Contact: Patty Seif, +1-302-774-4482, patricia.r.seif@usa.dupont.com
 
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