Chemtura Extends Expiration Date, Eliminates Early Settlement Feature for Outstanding 7.875% Senior Notes Due 2018

Chemtura Corporation (NYSE: CHMT) (“Chemtura” or the “Company”)announced today that, in connection with its previously announced cash tenderoffer and consent solicitation with respect to any and all of its outstanding$455.0 million aggregate principal amount of 7.875% Senior Notes due 2018 (the“Notes”), pursuant to the Company's Offer to Purchase and Consent SolicitationStatement, dated June 10, 2013 (the “Offer to Purchase”), it is amending theterms of the tender offer to extend the expiration date for the tender offerfrom 11:59 p.m., New York City time, on July 8, 2013 to 4:00 p.m., New YorkCity time, on July 19, 2013, unless further extended or earlier terminated bythe Company in its sole discretion, and to eliminate the early settlementfeature. The expiration date is being extended because the Financing Condition(as defined in the Offer to Purchase) has not yet been satisfied. The consentdate, the last date and time for holders to tender their Notes in order toreceive the total consideration set forth in the Offer to Purchase anddescribed below, expired at 5:00 p.m., New York City time, on June 21, 2013(the “Consent Date”) and is not being extended.Except for the extension of the expiration date and the elimination of theearly settlement feature as described above, all terms and conditions of thetender offer set forth in the Offer to Purchase remain unchanged.Holders who previously have tendered their Notes do not need to re-tendertheir Notes or take any other action in response to this extension. As of 5:00p.m., New York City time, on July 5, 2013, tenders had been delivered withrespect to $348,346,000 aggregate principal amount of Notes, representingapproximately 76.56% of the outstanding aggregate principal amount of Notes.In accordance with the terms of the Offer to Purchase, tendered Notes may nolonger be validly withdrawn and related consents may no longer be validlyrevoked, unless the tender offer is terminated.Subject to the terms and conditions set forth in the Offer to Purchase,holders who validly tendered their Notes on or prior to the Consent Date willreceive the total consideration of $1,117.50 per $1,000 principal amount ofNotes accepted for purchase, which includes a consent