WILMINGTON, Del. and MIDLAND, Mich., Aug. 4, 2017 /PRNewswire/ -- DuPont (NYSE: DD) and The Dow Chemical Company (NYSE: DOW) announced today that
all required regulatory approvals and clearances have been received, that all conditions to closing of their merger of equals
have been satisfied, and that their merger of equals will close after the market closes on August 31,
2017.
Shares of Dow and DuPont will cease trading at the close of the New York Stock Exchange (NYSE) on August 31. Shares of DowDuPont will begin trading on the NYSE under the stock ticker symbol "DWDP" on
September 1, 2017.
The companies continue to expect the intended spin-offs to occur within 18 months of closing.
Additional information is available at www.dowdupontunlockingvalue.com.
ABOUT DOW
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The
Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of
the world's most challenging problems, such as the need for fresh food, safer and more sustainable transportation, clean water,
energy efficiency, more durable infrastructure, and increasing agricultural productivity. Dow's integrated, market-driven
portfolio delivers a broad range of technology-based products and solutions to customers in 175 countries and in high-growth
sectors such as packaging, infrastructure, transportation, consumer care, electronics, and agriculture. In 2016, Dow had annual
sales of $48 billion and employed approximately 56,000 people worldwide. The Company's more than
7,000 product families are manufactured at 189 sites in 34 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 at www.dow.com.
ABOUT DUPONT
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 www.dupont.com.
Cautionary Notes on Forward Looking Statements
This communication contains "forward-looking statements" within the meaning of the federal securities laws, including Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this
context, forward-looking statements often address expected future business and financial performance and financial condition, and
often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "target,"
similar expressions, and variations or negatives of these words.
Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about
the consummation of the proposed merger and the anticipated benefits thereof. 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. Risks associated
with the proposed merger are more fully discussed in the joint proxy statement/prospectus included in the registration statement
on Form S-4 declared effective by the SEC on June 9, 2016 (File No. 333-209869), as last amended,
(the "Registration Statement") in connection with the proposed merger. Neither Dow nor DuPont assumes any obligation to publicly
provide revisions or updates to any forward-looking statements regarding the proposed merger, whether as a result of new
information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other
applicable laws.
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SOURCE DuPont