LyondellBasell Announces 15M Share Offering

LyondellBasell

today announced the commencement of an underwritten public offering of 15 million ordinary shares by certain selling shareholders that are affiliates of Apollo Management Holdings L.P.   The selling shareholders will agree to a lock-up (subject to certain exceptions) for a period of 30 days after the date of the prospectus supplement for the offering.  LyondellBasell will not receive any proceeds from the offering. The total number of LyondellBasell ordinary shares outstanding will not change as a result of the offering. Barclays Capital Inc. is acting as the sole underwriter for the offering. An automatic shelf registration statement relating to the Company's ordinary shares was previously filed with the Securities and Exchange Commission (SEC) and became effective upon filing. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Company, the underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital