Liveris Elected to Dow's Board of Directors

Midland, MI, Feb. 13--The Dow Chemical Company announced today the unanimous election of Andrew N. Liveris to the Board of Directors, effective February 12, 2004. Liveris, named Dow president and chief operating officer in November 2003, will serve on the Board's Environment, Health and Safety; Executive; and Finance Committees. "The Board is recognizing Andrew's early accomplishments as president and chief operating officer," said William S. Stavropoulos, chairman and chief executive officer. "He brings a wealth of valuable international and operational experience." "I am excited and energized by the Board's confidence," said Liveris. "It's an honor to join a board with such strong governance practices. I look forward to serving the shareholders of the Company in this way." Liveris' 27-year Dow career has spanned manufacturing, sales, marketing, new business development and management in Australia, Hong Kong and the United States. In his various management roles, he led the formation and management of many of Dow's joint ventures, acquisitions and business alliances.