Dow Ends Force Majeure for Vinyl Acetate Monomer at Texas City

Midland, MI - June 30, 2005

Dow announced today that it has ended force majeure for Vinyl Acetate Monomer (VAM) at the Texas City, Texas plant, which is owned by Union Carbide Corporation, a wholly owned subsidiary of Dow.

As restart of production and inventory restoration has proceeded according to plan, Dow has increased its allocation of VAM to 100 percent of annual contractual volumes, effective June 30, 2005.

The Texas City plant was hit by a storm on May 8, 2005, resulting in significant damage to critical equipment. This caused an involuntary and continued shutdown of the VAM plant at the site. This event occurred during a period of low inventory levels at the Company. The plant was restarted safely and successfully, on May 27, 2005.

About The Dow Chemical Company
Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $40 billion, Dow serves customers in 175 countries and a wide range of markets that are vital to human progress: food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 43,000 employees seek to balance economic, environmental and social responsibilities. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. For further information, visit Dow's website at www.dow.com.


For Editorial Information:

Amy Ahlich
The Dow Chemical Company
(989) 636-3587

Josiah McClellan
The Dow Chemical Company
(212) 697-2600