Omnova Solutions Gets Notification from NYSE

Fairlawn, OH, Oct. 28, 2008--Omnova Solutions said that on Oct. 27 it was notified by the New York Stock Exchange that it has 18 months to achieve compliance with the NYSE's continued listing standards for total market capitalization and shareholders' equity.

As of Oct. 24, Omnova's 30 trading-day average market capitalization was $72.4 million, less than the $75 million requirement, and its most recently reported shareholders' equity was $60.4 million, also less than the $75 million requirement.

Under NYSE rules, the company has 45 days from the receipt of the notice to submit a plan to demonstrate its ability to achieve compliance with the continued listing standards within 18 months and Omnova said it intends to submit such a plan.