Albemarle Corporation Sets November 14 As Date Of Special Shareholder Meeting In Connection With Proposed Acquisition Of Rockwood Holdings

Albemarle Corporation (NYSE: ALB) today announced that it has set a date for a special meeting of its shareholders to consider and vote on the issuance of Albemarle shares of common stock in connection with its proposed acquisition of Rockwood Holdings, Inc. (NYSE: ROC). The Albemarle special meeting will be held on Friday, November 14, 2014 at 8 a.m. Central Standard Time at the company's headquarters located at 451 Florida Boulevard, Baton Rouge, Louisiana 70801.Albemarle shareholders of record at the close of business on Tuesday, September 30, 2014 will be entitled to vote at the special meeting. Additional information about the special meeting is included in the preliminary Joint Proxy Statement/Prospectus which was filed with the Securities and Exchange Commission on August 27, 2014, and in the definitive Joint Proxy Statement/Prospectus which is expected to be mailed to shareholders of record in the coming weeks. Transaction Details As announced on July 15, 2014, Albemarle and Rockwood have entered into a definitive agreement under which Albemarle will acquire all of the outstanding shares of common stock of Rockwood in a cash and stock transaction. Under the terms of the transaction, each outstanding share of Rockwood common stock will be exchanged for $50.65 in cash and 0.4803 of a share of Albemarle common stock.The transaction remains subject to certain closing conditions, including the receipt of foreign antitrust clearances and approval by the Albemarle and Rockwood shareholders. The transaction is currently expected to close in the first quarter of 2015.