Eastman Increases Resin Dispersions and Rosin Resins Prices on January 1, 2010

KINGSPORT, Tenn., December 2, 2009 - Eastman Chemical Company is increasing prices on the following products effective January 1, or as contracts allow. The primary drivers for this increase are unprecedented raw material cost increases and rising distribution surcharges and energy costs.

Resin Dispersions: Price increase of $US 0.11/kg, APR; EUR 0.08/kg, EMEA; $US 0.05/lb ($US 0.11/kg) NAR and LAR.

Rosin Resins: Price increase of $US 0.22/kg, APR; EUR 0.15/kg, EMEA; up to $US 0.10/lb ($US 0.22/kg) NAR and LAR.

Pamolyn Fatty Acids: Price increase of $US 0.11/kg, APR; EUR 0.08/kg, EMEA; $US 0.05/lb ($US 0.11/kg) NAR and LAR.

Eastman’s chemicals, fibers and plastics are used as key ingredients in products that people use every day. Approximately 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. A global company headquartered in Kingsport, Tennessee, USA, Eastman had 2008 sales of $6.7 billion.

For more information about Eastman and its products, visit www.eastman.com