2009-06-30 23:37:03 -

Celanese Corporation (NYSE:CE), a leading, global chemical company, today announced that Celanese US Holdings LLC, its wholly-owned subsidiary, has amended its $650 million revolving credit facility. The amendment increased the first lien senior secured leverage ratio for a period of six quarters, beginning June 30, 2009 and ending December 31, 2010. In connection with the amendment, the company agreed to

lower the total revolver commitment to $600 million.

“With Celanese’s strong cash position, we currently do not foresee a need to use the facility, however, given the economic environment, we believe that this amendment is prudent and enables us to preserve our existing sources of additional liquidity,” said Steven Sterin, senior vice president and chief financial officer.

About Celanese


As a global leader in the chemicals industry, Celanese Corporation makes products essential to everyday living. Our products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totaled $6.8 billion in 2008, with approximately 65% generated outside of North America. Known for operational excellence and execution of its business strategies, Celanese delivers value to customers around the globe with innovations and best-in-class technologies. Based in Dallas, Texas, the company employs approximately 8,000 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com : .

Forward-Looking Statements

This release may contain “forward-looking statements,” which include information concerning the company’s plans, objectives, goals, strategies, future revenues or performance, capital expenditures, financing needs and other information that is not historical information. When used in this release, the words “outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the company will realize these expectations or that these beliefs will prove correct. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the company’s control, could cause actual results to differ materially from those expressed as forward-looking statements. These factors include the inability to obtain regulatory approvals of the transaction and satisfy conditions on the proposed terms and schedule and the possibility that the transaction does not close. Other risk factors include those that are discussed in the company’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

Celanese CorporationInvestor Relations:Mark Oberle,

+1 972-443-4464Telefax: +1 972-443-8519 Mark.Oberle@celanese.com : mailto:Mark.Oberle@celanese.com orMedia:Travis
Jacobsen, +1 972-443-3750Telefax: +1 972 443 8519 William.Jacobsen@celanese.com : mailto:William.Jacobsen@celanese.com