KINGSPORT, Tenn., Aug. 6, 2009 – The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.44 per share on the company's common stock.

The dividend is payable October 1, 2009, to stockholders of record as of September 14, 2009.

Eastman’s chemicals, fibers and plastics are used as key ingredients in products that people around the world use every day. Over 10,000 Eastman employees around the world blend technical expertise and innovation to deliver practical solutions. The Company is committed to finding sustainable business opportunities within the diverse markets it serves. Headquartered in Kingsport, Tennessee, USA, Eastman had 2008 sales of $6.7 billion. For more information, visit http://www.eastman.com/

 
Contacts:
Media: Tracy Broadwater
423-224-0498 / tkbroadwater@eastman.com

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