Eastman

Eastman Board Declares Dividend

KINGSPORT, Tenn., Aug. 4, 2016 – The board of directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.46 per share on the company's common stock. The dividend is payable Oct. 3, 2016, to stockholders of record as of Sept. 15, 2016.

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 2015 revenues of approximately $9.6 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 15,000 people around the world. For more information, visit www.eastman.com.

Contacts:

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

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

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