Peltz's Trian Issues Release 'Trian Sets the Record Straight on DuPont Misstatements'

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Trian Fund Management, L.P., one of the largest stockholders of E. I. du Pont de Nemours and Company
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, which currently beneficially owns approximately 24.6 million DuPont shares valued at approximately $1.7 billion, today will be filing a presentation with the Securities and Exchange Commission to correct inaccurate and misleading statements it believes DuPont has made about its operating performance and about Trian. With DuPont's 2015 Annual Meeting of Stockholders less than a month away, Trian believes it is necessary to cut through DuPont's rhetoric so stockholders can make an informed decision on May 13, 2015. Trian has a long record of improving the operating results of the underperforming companies in which it invests.^1 Over the years, Trian has found that underperforming companies often rely on rhetoric to obfuscate their performance issues. Trian's nominees, if elected to the DuPont Board, will be focused on enhancing DuPont's operating performance by ensuring both management and the Board consider issues in a clinical and objective manner and that decisions by the Board are based on analysis that is grounded in reality and free of "spin." Trian will continue to communicate factually about its proposed strategic and operating initiatives to improve DuPont's performance and increase long-term value so stockholders can base their election decisions on the merits of the fundamental arguments, rather than on inaccurate and misleading statements. Trian urges stockholders to take this opportunity to facilitate change in the DuPont boardroom by voting the GOLD proxy card for the election of Nelson Peltz, John H. Myers, Arthur B. Winkleblack and Robert J. Zatta, who, if elected to the DuPont Board, will seek to ensure decisions are made by a reinvigorated Board that fosters a transparent, confident and high-performing culture, and proactively addresses operating and strategic opportunities and the challenges to DuPont's business. Trian's presentation on DuPont Rhetoric vs. Reality can be found at: www.DuPontCanBeGreat.com.
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