Huntsman Appoints New Senior V.P.

The Woodlands, Texas -- Huntsman Corporation (NYSE: HUN - News) has appointed Russ Stolle as Senior Vice President, Global Public Affairs and Communications. Stolle assumes his new role effective October 1. Stolle is replacing Don Olsen, who has decided to retire from the company after more than 18 years.

Stolle currently serves as Vice President and Deputy General Counsel, and has frequently led the legal aspects of the company's extensive merger and acquisition activities. Previously, he served as Vice President and Chief Technology Counsel, and was responsible for the company's global intellectual property portfolio.

"Russ' involvement over the years in the company's ongoing acquisition of our differentiated businesses, and his understanding of the company's varied technological platforms, position him well to lead our global communications effort as we continue to move to an increasingly differentiated portfolio of businesses," stated Peter Huntsman, President and CEO. "At the same time, we want to express our gratitude to Don Olsen, who has been an invaluable colleague and friend over the years. We thank him for all of his hard work, sacrifices and expertise and wish him much success as he begins the next chapter in his life."

A native of Houston, Texas, Stolle earned a bachelors degree in Chemistry from Valparaiso University, and graduated with honors from the University of Texas School of Law.

Huntsman is a global manufacturer and marketer of differentiated and commodity chemicals. Its operating companies manufacture products for a variety of global industries including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and later, rapid and integrated growth in petrochemicals, Huntsman today has 15,000 employees and 78 operations in 24 countries. The Company had 2005 revenues of $13 billion.

Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the Huntsman companies' filings with the Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. Accordingly, there can be no assurance that the company's expectations will be realized. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.