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Eastman posts higher Q1 earnings expectation

08
Apr '08
Eastman Chemical Company announced that first-quarter 2008 earnings per share excluding gains and costs related to strategic decisions and actions are expected to be above the high end of the current range of analyst estimates on First Call which is $1.30 per share. This solid performance was primarily due to continued strong sales volume and higher selling prices offsetting higher raw material and energy costs.

Eastman will announce first-quarter 2008 sales and earnings on April 24, 2008, at approximately 5:00 p.m. Eastern Time. The company will host a conference call with industry analysts on April 25 at 8:00 a.m. Eastern Time. To listen to the live webcast of the conference call, go to Eastman website in investor section, Presentations.

To listen via telephone, the dial-in number is 913-312-0865, passcode number 6775748. A web replay will be available at Eastman website in investor section, Presentations. A telephone replay will be available continuously from 11:00 a.m. Eastern Time, April 25, to 12:00 a.m. Eastern Time, May 2, 2008, at 888-203-1112, passcode number 6775748.

Eastman Chemical Company


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