DuPont Reports 'When-Issued' Trading of The Chemours Co.

DuPont announced that, in connection with the separation of its Performance Chemicals segment through the planned spin-off of The Chemours Company ("Chemours") on July 1, 2015, Chemours common stock will today begin "when-issued" trading on the New York Stock Exchange under the ticker symbol "CC WI". Chemours, a global leader in titanium technologies, fluoroproducts and chemical solutions, is expected to begin "regular way" trading on the New York Stock Exchange under the ticker symbol "CC" on July 1, 2015. As previously announced, on June 5, 2015, the DuPont board of directors declared a pro rata dividend to DuPont common stockholders of record as of 5:00 p.m. ET on June 23, 2015, the record date. As a result, on July 1, 2015, DuPont common stockholders will receive one share of common stock of Chemours for every five shares of DuPont common stock they hold on the record date. Fractional shares of Chemours common stock will not be distributed to DuPont common stockholders. Instead, the fractional shares of Chemours common stock will be aggregated and sold in the open market, with the net proceeds distributed pro rata in cash payments to the DuPont common stockholders who otherwise would have received fractional shares of Chemours common stock. No action is required by DuPont common stockholders to receive the distributed shares of Chemours common stock. DuPont stockholders who hold DuPont common stock on the record date and do not sell those shares "regular-way" prior to the distribution date will receive a book-entry account statement reflecting their ownership of Chemours common stock or their brokerage account will be credited with Chemours shares. An Information Statement containing details regarding the distribution of Chemours common stock and Chemours' business and management following the consummation of the distribution will be mailed to DuPont common stockholders prior to the distribution date. For U.S. federal income tax purposes, DuPont U.S. common stockholders (other than those subject to special rules) generally should not recognize gain or loss as a result of the distribution, except with respect to cash received in lieu of fractional shares of Chemours. DuPont common stockholders are urged to consult with their tax advisors with respect to the U.S. federal, state and local or foreign tax consequences, as applicable, of the distribution.