Eastman Recognized for Outstanding Performance

2013-02-21 15:34:41 -

Eastman Ranked #7 in Bloomberg Businessweek Top 50

KINGSPORT, Tenn. Feb. 21, 2013 - Eastman Chemical Company (NYSE:EMN) was
recently recognized by a number of leading industry, business and trade
publications for its outstanding financial performance.

The most recent recognition is the company's ranking on the Bloomberg
Businessweek Top 50, a listing of the S&P 500 companies with the best recent
performance and outlook for the future. Eastman ranked #7 on the list, which was
based on four factors:  one-year and five-year risk-adjusted returns, consensus
analyst recommendations, and projected earnings growth.

Eastman was also recently named by Chemical & Engineering News as Company of the
Year for its recent acquisition and integration of Solutia, and Institutional
Investor voted the company one of the "Most Honored Companies" in a survey of
buy-side and sell-side analysts.  In addition, the company's Chairman and CEO
Jim Rogers was named one of the Top 40 Power Players by ICIS, the world's
largest petrochemical market information provider.  Coming in at #21, Rogers was
recognized for his leadership in the transformation of Eastman to a global
specialty chemical company and for the company's recent financial performance.

"Without question, 2012 was a defining year for Eastman as we reached new
heights in our financial performance and, with the successful acquisition of
Solutia, we furthered our transition to a world-class specialty chemical
company," said Rogers.  "This was a collective achievement through the hard work
of our 13,500 men and women around the globe.  The work that we have done over
the past several years to improve our portfolio of businesses has positioned us
to deliver continued growth for years to come.  We are committed to continue
building on our strong performance."

CEO Jim Rogers comments on Eastman's performance and B-roll.

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

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