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State, Dow Commit to Expedite Resolution of Dioxin/Furan Situation

May 2, 2006

LANSING – Governor Jennifer M. Granholm today announced that she and Andrew Liveris, president, CEO and chairman of the Dow Chemical Company (Dow), have reaffirmed their commitment to resolve the historic Mid-Michigan dioxin and furan situation.

The Governor and Liveris agreed that Dow will continue current activities to develop and complete remedial investigation work plans in cooperation with the state’s Department of Environmental Quality (DEQ).  Also, by the end of 2006, the DEQ and Dow will be responsible for accelerating completion of activities necessary for achieving significant progress consistent with the requirements of Dow’s operating license and the framework agreement signed in January 2005.

“Dow is obligated through its operating license and has pledged to the residents of the region to address the dioxin/furan situation and ensure the environment and public health are protected,” Granholm said.  “Focusing on accelerating progress, while supporting the framework and the on-going negotiation process, is the best path forward toward a comprehensive resolution that enhances the economic, residential, and recreational opportunities for the Mid-Michigan region.”

Liveris added, “The state and Dow have already created a roadmap to resolve the outstanding issues in the framework.  Now we need to build on that success.  When you focus on key activities and hold all parties accountable for completing them, things get done.  This approach will drive the process forward more expeditiously, and that is good for the Mid-Michigan region, the state, and the company.”

The discussion about the dioxin and furan situation was part of a much broader discussion the Governor and Liveris recently had about the economic vitality of Mid-Michigan.  Liveris reaffirmed Dow’s commitment to the region and the state and his desire to see increased manufacturing located in the region.  They also discussed new and innovative ways for the state to continue attracting operations of other globally competitive companies to Michigan.

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