ROHM AND HAAS IN DISCUSSIONS WITH US SALT HOLDINGS LLC

07-Nov-2000
Philadelphia, PA, November 6, 2000 — Rohm and Haas Company (NYSE:ROH) announced today it has commenced preliminary discussions with US Salt Holdings LLC of Jacksonville, FL, for the purpose of exploring a possible future business alliance involving its North American Salt Business Group. This group, which is based in Chicago, IL, consists of Morton Salt, Canadian Salt (including the Windsor brand product lines), and Morton Bahamas Limited, has annual sales of approximately $650 million. According to J. Michael Fitzpatrick, President and Chief Operating Officer of Rohm and Haas, “The two companies have entered an exclusive agreement to exchange information that could lead to a potential alliance. Both the Morton and Windsor Salt brands are recognized leaders in their respective markets for their unsurpassed product quality, business integrity and customer satisfaction.” He noted that the North American Salt Group remains an important and valued part of the Rohm and Haas product portfolio.

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