Cytec Industries Inc. Announces the Expiration and Final Results Of Its Previously Announced Tender Offer

November 13, 2014 - Woodland Park, New Jersey - Cytec Industries Inc. ("Cytec" or the "Company") CYT announced today the expiration and final results of the previously announced tender offer (the "Tender Offer") for any and all of its outstanding 6.0% Notes due 2015 (the "Notes"). The Tender Offer expired at 5:00 p.m. (New York City time) on November 12, 2014. The terms and conditions of the Tender Offer were described by Cytec in an Offer to Purchase and related Letter of Transmittal, each dated November 5, 2014. Acceptance by Cytec of any Notes tendered for purchase was subject to the terms and conditions set forth in the Offer to Purchase and related Letter of Transmittal.

As of 5:00 p.m. (New York City time) on November 12, 2014 (the "Expiration Time"), $17,807,000 in aggregate principal amount of the Notes was validly tendered. Cytec has accepted for purchase all Notes that were validly tendered and not subsequently validly withdrawn as of the Expiration Time. Holders who validly tendered their Notes on or prior to the Expiration Time and whose Notes were accepted for purchase will receive $1,048.59 per $1,000 principal amount of Notes (plus accrued and unpaid interest, if any), subject to the terms and conditions set forth in the Offer to Purchase and related Letter of Transmittal. Payment for the Notes so purchased is expected to be made today, and the Notes so purchased will be canceled.

On November 5, 2014, Cytec delivered to the holders of the Notes a notice of redemption to redeem any and all Notes not purchased in the Tender Offer and outstanding on the redemption date. All of the remaining then outstanding Notes will be redeemed on December 5, 2014 at a make-whole redemption price, calculated in accordance with the indenture governing the Notes. This press release does not constitute a notice of redemption under the indenture governing the Notes or an obligation to issue such notice.

This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Tender Offer was made solely by means of the Offer to Purchase and related Letter of Transmittal, each dated November 5, 2014. In those jurisdictions where the securities, blue sky or other laws require any tender offer to be made by a licensed broker or dealer, the Tender Offer is deemed to have been made on behalf of Cytec by the dealer managers for the Tender Offer or one or more registered brokers or dealers licensed under the laws of such jurisdiction.

Citigroup Global Markets Inc., RBS Securities Inc. and Wells Fargo Securities, LLC served as the dealer managers for the Tender Offer. Global Bondholder Services Corporation served as the depository and information agent.

For additional information regarding the terms of the Tender Offer, please contact: Citigroup Global Markets Inc. at 800-558-3745 (toll-free) or 212-723-6106 (collect), RBS Securities Inc. at 877-297-9832 (toll-free) or 203-897-6145 (collect) or Wells Fargo Securities, LLC at 866-309-6316 (toll-free) or 704-410-4760 (collect). Requests for documents and questions regarding the tender of Notes may be directed to Global Bondholder Services Corporation at 866-470-4500.

Corporate Profile

Cytec's vision is to deliver specialty material and chemical technologies beyond our customers' imagination. Our focus on innovation, advanced technology and application expertise enables us to develop, manufacture and sell products that change the way our customers do business. Our pioneering products perform specific and important functions for our customers, enabling them to offer innovative solutions to the industries that they serve. Our products serve a diverse range of end markets including aerospace and industrial materials, mining and plastics.

Use of Forward-Looking Statements

Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Achieving the results described in these statements involves a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in Cytec's filings with the Securities and Exchange Commission. Cytec disclaims any obligation to update or revise any forward-looking statements.

For more information please contact:

Daniel Darazsdi
Vice President and CFO
Tel:  1.973.357.3264
Daniel.Darazsdi@cytec.com

Jeff Fitzgerald
Treasurer
Tel: 1.973.357.3480
Jeff.Fitzgerald@cytec.com

Jodi Allen
Investor Relations
Tel: 1.973.357.3283
Jodi.allen@cytec.com