eSecLending Appointed Securities Lending Agent by Dow Chemical

  eSecLending Appointed Securities Lending Agent by Dow Chemical

     Corporate Pension Cites eSecLending’s Consultative Approach, Program
          Customization and Flexibility as Key Factors in Selection

Business Wire

BOSTON -- January 7, 2013

eSecLending, a leading global securities lending agent, announced that they
have been appointed by The Dow Chemical Company, to act as securities lending
agent for its US pension plan assets.

Gary McGuire, Chief Investment Officer of Dow Chemical states, “We are very
happy with eSecLending’s consultative approach and ability to customize our
securities lending program to incorporate Dow’s specific risk/return profile.
As we re-engage in securities lending for the first time in several years, we
are pleased to be partnering with an institution whose interests are aligned
with ours."

eSecLending’s Co-Chief Executive Officer, Karen O’Connor states, “We are
thrilled to establish a relationship with a world class organization such as
Dow Chemical and further expand the breadth and depth of our pension client
base. We are committed to delivering Dow a premier lending solution that meets
their individual program objectives.”

About Dow

Dow (NYSE: DOW) combines the power of science and technology to passionately
innovate what is essential to human progress. The Company connects chemistry
and innovation with the principles of sustainability to help address many of
the world's most challenging problems such as the need for clean water,
renewable energy generation and conservation, and increasing agricultural
productivity. Dow's diversified industry-leading portfolio of specialty
chemical, advanced materials, agrosciences and plastics businesses delivers a
broad range of technology-based products and solutions to customers in
approximately 160 countries and in high growth sectors such as electronics,
water, energy, coatings and agriculture. In 2011, Dow had annual sales of $60
billion and employed approximately 52,000 people worldwide. The Company's more
than 5,000 products are manufactured at 197 sites in 36 countries across the
globe. References to "Dow" or the "Company" mean The Dow Chemical Company and
its consolidated subsidiaries unless otherwise expressly noted. More
information about Dow can be found atwww.dow.com.

About eSecLending

eSecLending is an independent global securities lending agent providing
customized securities lending and collateral management solutions for
institutional investors worldwide. The company’s innovative approach has
introduced investment management practices to the securities lending industry,
offering beneficial owners a compelling alternative to traditional pooled
lending programs. Their differentiated process facilitates best execution by
utilizing a transparent, disciplined and repeatable auction process to
determine their clients’ optimal securities lending strategy. In addition to
outperformance, their approach provides clients with greater transparency and
control, allowing them to more effectively monitor and mitigate risks.

Additional information may be found at www.eseclending.com

Contact:

eSecLending
Allyson Lewis, +1 617-204-6029
alewis@eseclending.com
www.eseclending.com