CFO: DuPont is in the Business of Science-Based Solutions

Fanandakis Details Growth Plan for 2009-2012


NEW YORK, Dec. 1  /PRNewswire-FirstCall/ -- Chief Financial Officer Nick Fanandakis said DuPont's competitive advantage as a market-driven science innovator and its established leadership in rapidly growing emerging markets solidly positions the company for sustainable growth, including delivering 20 percent compound annual earnings growth for the 2009-2012 period.

"DuPont is in the business of science-based solutions," Fanandakis told investment analysts at Citi's 20th annual chemical conference.  "Our science, our investments dollars and our employees are focused on increasing food production, discovering solutions to decrease dependency on fossil fuels and protecting lives.  In addition to these secular trends, our science-based products are becoming more relevant in emerging markets.  As these burgeoning economies experience higher income per capita and participate more fully in the global economies, DuPont products become more essential and affordable - making lives better, safer and healthier for people everywhere."

Fanandakis noted the company is focused on delivering superior growth for shareholders through science-based solutions, carefully prioritized investments and industry-leading productivity.  He said DuPont's productivity efforts are on track to deliver $1 billion in cost production programs in 2009 - including $750 million which will remain out permanently - and another $1 billion over the next three years, with $400 million expected to be achieved in 2010.

"We will continue to execute our growth strategies while maintaining financial discipline and increasing productivity gains across the company," Fanandakis said.

Fanandakis reaffirmed the company's full-year 2009 earnings outlook of $1.95 to $2.05 per share, excluding significant items which are estimated to be $0.15 per share for full-year 2009 or $1.80 to $1.90 per share on a reported basis.*

DuPont (NYSE:DD) is a science-based products and services company.  Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere.  Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

Forward-Looking Statements: This news release contains forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in DuPont's filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions of countries in which the company does business; competitive pressures; successful integration of structural changes, including acquisitions, divestitures and alliances; research and development of new products, including regulatory approval and market acceptance, and seasonality of sales of agricultural products. The company undertakes no duty to update any forward-looking statements as a result of future developments or new information.

* Schedule B of the company's third quarter 2009 earnings news release contains a reconciliation of significant items. 

DATASOURCE: DuPont



CONTACT:  Anthony Farina of DuPont, [phone],





Web Site:  http://www.dupont.com/ 

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