HUN Huntsman Corporation

Departure Will Not Impact Integration of Recent Purchase Into Huntsman Businesses BASEL, Switzerland, July 10 /PRNewswire-FirstCall/ -- Paul G. Hulme, President of the Materials and Effects division of Huntsman Corporation (NYSE:HUN), announced today that Eric Marohn, head of the recently acquired Textile Effects business, has decided to leave the company for personal reasons. "We expected Eric to be with us for a long time and are surprised that he has chosen to leave the company," said Mr. Hulme. "But we respect his decision and wish him well." Mr. Hulme will assume day-to-day responsibility for the Textile Effects business until the company can find a suitable replacement for Mr. Marohn. "We have a strong and talented business team in place, and Eric's departure will not impact in any way our transition plans or our timetable for smoothly and fully integrating the Textile Effects business into Huntsman," said Mr. Hulme. Huntsman is a global manufacturer and marketer of differentiated and commodity chemicals. Its operating companies manufacture products for a variety of global industries including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging, and later, rapid and integrated growth in petrochemicals, Huntsman today has 15,000 employees and 78 operations in 24 countries. The Company had 2005 revenues of $13 billion. Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the Huntsman companies' filings with the Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. Accordingly, there can be no assurance that the company's expectations will be realized. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws. DATASOURCE: Huntsman Corporation CONTACT: Don Olsen of Huntsman Corporation, +1-281-719-4175

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