2013-02-21 19:46:42 -

KINGSPORT, Tenn., Feb. 21, 2013 - The board of directors of Eastman Chemical
Company (NYSE:EMN) has declared a quarterly cash dividend of $0.30 per share on
the company's common stock.

The dividend is payable April 1, 2013, to stockholders of record as of March
15, 2013.

Eastman is a global specialty chemical company that produces a broad range of
products found in items people use every day. With a portfolio of specialty
businesses, Eastman works with customers to deliver innovative products and
solutions while maintaining a commitment to safety and sustainability. Its
market-driven approaches take advantage of world-class technology platforms and
leading positions in attractive end-markets such as transportation, building and
construction and consumables. Eastman focuses on creating consistent, superior
value for all stakeholders. As a globally diverse company, Eastman serves
customers in   approximately 100 countries and had 2012 pro forma combined
revenues, giving effect to the Solutia acquisition, of approximately $9.1
billion. The company is headquartered in Kingsport, Tennessee, USA and employs
approximately 13,500 people around the world. For more information, visit
www.eastman.com.

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Contacts:

Media:  Tracy Kilgore
423-224-0498/ tjkilgore@eastman.com

Investors:  Greg Riddle
212-835-1620/ griddle@eastman.com




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Source: Eastman Chemical Company via Thomson Reuters ONE
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