Eastman Chemical Company : Eastman Board Declares Dividend

          Eastman Chemical Company : Eastman Board Declares Dividend



KINGSPORT, Tenn., Feb. 21, 2013 - The board of directors of Eastman Chemical
Company (NYSE:EMN) has declared a quarterly cash dividend of $0.30 per share
on the company's common stock.

The dividend is payable April 1, 2013, to stockholders of record as of March
15, 2013.

Eastman is a global specialty chemical company that produces a broad range of
products found in items people use every day. With a portfolio of specialty
businesses, Eastman works with customers to deliver innovative products and
solutions while maintaining a commitment to safety and sustainability. Its
market-driven approaches take advantage of world-class technology platforms
and leading positions in attractive end-markets such as transportation,
building and construction and consumables. Eastman focuses on creating
consistent, superior value for all stakeholders. As a globally diverse
company, Eastman serves customers in approximately 100 countries and had 2012
pro forma combined revenues, giving effect to the Solutia acquisition, of
approximately $9.1 billion. The company is headquartered in Kingsport,
Tennessee, USA and employs approximately 13,500 people around the world. For
more information, visit www.eastman.com.

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Contacts:

Media: Tracy Kilgore
423-224-0498/ tjkilgore@eastman.com

Investors: Greg Riddle
212-835-1620/ griddle@eastman.com

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Source: Eastman Chemical Company via Thomson Reuters ONE
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