Eastman Increases ESTER SOLVENTS Prices on June 1
 

KINGSPORT, Tenn., May 16, 2008 - Eastman Chemical Company is increasing prices on the following products effective June 1, or as contracts allow. These increases are due to elevated operating costs, particularly in raw materials, energy and freight.

EASTMAN ETHYL ACETATE: Off-list price increase of $US 0.03 /lb ($US 0.066/kg) globally.
 
About Eastman Chemical Company
Eastman manufactures and markets chemicals, fibers and plastics worldwide.  It provides key differentiated coatings, adhesives and specialty plastics products; is a major supplier of cellulose acetate fibers; and produces PET polymers for packaging.  As a Responsible Care® company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance.  Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2007 sales of $6.8 billion and approximately 10,500 employees.  For more information about Eastman and its products, visit www.eastman.com or contact Garrett Wilburn, global trade media relations, at +1-423-229-2353 or globalmediarelations@eastman.com.
 
Media Contact:        
Lucy Stewart
Eastman Chemical Company                   
globalmediarelations@eastman.com
+1 423-229-4229