DuPont Completes Sale of its Performance Coatings Business

          DuPont Completes Sale of its Performance Coatings Business

PR Newswire

WILMINGTON, Del., Feb. 1, 2013

WILMINGTON, Del., Feb. 1, 2013 /PRNewswire/ --DuPont (NYSE: DD) announced
today that it has completed the sale of DuPont Performance Coatings (DPC) for
$4.9 billion in cash (about $4.0 billion after-tax) and the assumption of
certain liabilities to global alternative asset manager The Carlyle Group.
DPC is a global supplier of vehicle and industrial coating systems.

"We intend to use a portion of the proceeds from the sale of the DPC business
to buy back $1 billion of the company's common stock during the first half of
this year," said Executive Vice President and Chief Financial Officer Nicholas
C. Fanandakis. "Additionally, we anticipate using the remaining portion of
the DPC sale proceeds to further strengthen our balance sheet, which should
give us flexibility to invest in future selective growth opportunities."

DuPont remains committed to serving the automotive industry following this
transaction and expects to generate more than $3 billion in sales of advanced
materials to the auto industry annually.

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

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


Contact: Gregg M. Schmidt, +1-302-999-3330,
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