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Eastman Chemical Directors reelected

04
May '07
Eastman Chemical Company stockholders re-elected directors Renee J. Hornbaker, Thomas H. McLain and Peter M. Wood to three-year terms at the company's annual meeting.

Stockholders also ratified the appointment of Price waterhouse Coopers LLP as independent auditors for Eastman for 2007.

In other business, stockholders approved the proposed 2007 Omnibus Long-Term Compensation Plan and rejected a stockholder proposal that would have recommended that the Board establish a policy limiting benefits under supplemental executive retirement plans.

Additional information about each of the matters acted upon by stockholders at the annual meeting is in the proxy statement that was furnished to stockholders in connection with the meeting. The proxy statement is also available at Company, Investor Relations, Annual Meeting.

Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is the world's largest producer of PET polymers for packaging; and is a major supplier of cellulose acetate fibers.

Eastman Chemical Company


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