Market Overview

KMG Schedules Fiscal Third Quarter Results Call and Declares Quarterly Cash Dividend

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HOUSTON, May 24, 2012 (GLOBE NEWSWIRE) -- KMG Chemicals, Inc. (Nasdaq: KMGB), a global provider of specialty chemicals in carefully focused markets, today announced that the Company will provide fiscal third quarter financial results on Friday, June 8, 2012, when it issues a news release prior to the open of the stock market and conducts its quarterly conference call, hosted by Neal Butler, President and CEO, and John Sobchak, CFO, at 10:00 a.m. ET.

Interested parties may participate in the call by dialing:

888-330-6585 (Domestic)

631-813-4882 (International)

Conference ID: 85549353

The conference call will also be webcast live via the "Investor Relations" section of the Company's website at www.kmgchemicals.com. To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, the conference call will be archived on the website.

KMG also announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable on June 13, 2012 to shareholders of record on June 6, 2012. As of February 28, 2012, there were approximately 11.3 million KMGB common shares outstanding.

KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemicals to niche markets. KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemicals to carefully focused markets. The Company grows by acquiring and optimizing stable chemical product lines and businesses with established production processes. Its current operations are focused on the electronic and industrial wood treatment chemical markets. For more information, visit the Company's web site at www.kmgchemicals.com.

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, the impact of competitive services and pricing and general economic risks and uncertainties.

 

CONTACT: Eric Glover, CFA Investor Relations Manager KMG Chemicals, Inc. eglover@kmgchemicals.com O: 713.600.3865 C: 281.740.0075 9555 W. Sam Houston Parkway S. Suite 600 Houston, TX 77099
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