DuPont Reports Third Quarter 2005 Earnings

WILMINGTON, Del., Oct. 25  /PRNewswire-FirstCall/ -- 

  Highlights

  - As previously announced, the third quarter included significant items
    totaling $.42 per share for taxes associated with repatriation under the
    American Jobs Creation Act, and charges for hurricane damage.  Third
    quarter 2005 earnings were a loss of $.09 per share.

  - Excluding significant items, third quarter earnings were $.33 per share,
    an increase of 32 percent vs. last year.

  - Segment sales grew 5 percent to $6.2 billion, reflecting increases in
    all operating segments, excluding prior year sales from divested
    businesses.

  - Local prices increased 4 percent, more than offsetting higher energy and
    ingredient costs.

  - Continued volume growth in Asia, Latin America and Eastern Europe helped
    to offset lower volumes in the United States and Western Europe.  Total
    volumes declined 1 percent, in part reflecting the impact of the
    hurricanes on U.S. demand.

  - Business interruptions from Hurricanes Katrina and Rita reduced third
    quarter sales about $100 million and pretax operating income about $50
    million, or approximately $.03 per share.  Sale of non-core assets
    resulted in a gain of $.03 per share.

  - Separately, the company announced actions to increase shareholder value,
    including a $5 billion share repurchase program and initiatives to
    accelerate its growth and productivity strategies.



"We continued our positive momentum with our seventh consecutive quarter of margin expansion," said DuPont Chairman and CEO Charles O. Holliday, Jr. "However, soaring energy and ingredient costs are causing a structural shift that will create challenges for our customers, suppliers, and our own operations.  We have initiated a number of actions today to ensure we achieve our sustainable growth goals despite these new challenges."

Actions to Accelerate Growth & Share Repurchase

A separate announcement today discusses the company's actions to increase shareholder value, which the company will discuss in greater detail at a presentation for investors on Monday, Nov. 7, 2005, at 9:00 a.m. (EST) in New York.  The presentation will be webcast live via http://www.dupont.com/.

Global Consolidated Net Sales and Net Income

Consolidated net sales for the third quarter were $5.9 billion, up 2 percent versus the third quarter 2004.  Net sales increased 5 percent, excluding $155 million third quarter 2004 sales of the DuPont Dow Elastomers businesses transferred to Dow on June 30, 2005.  Net income for the third quarter 2005 was a loss of $82 million, or $.09 per share, largely due to a tax charge of $320 million, or $.32 per share, related to planned repatriation under the American Jobs Creation Act; and $95 million after tax, or $.10 per share, for damaged facilities, inventory write-offs and clean-up costs associated with hurricane damage.  Third quarter 2004 net income was $331 million, or $.33 per share, including significant items totaling a net after- tax benefit of $78 million, or $.08 per share.  See Schedule B for a summary of these items.

Earnings Per Share

The table below shows the variances in third quarter 2005 earnings per share (EPS) versus third quarter 2004, by major element:

                                 EPS ANALYSIS

                                                              3rd Quarter

    EPS - 2004                                                      $.33

    3Q'04 Significant Items (See Schedule B)                       $(.08)

      Local Prices                                                   .16
      Variable Costs                                                (.12)
      Volume                                                        (.01)
      Fixed Costs                                                   (.04)
      Currency                                                       .03
      Business Portfolio Changes                                     .03
      Income Taxes/All Other                                         .03

    3Q'05 Significant Items (See Schedule B)                        (.42)

    EPS - 2005                                                     $(.09)

  Business Segment Performance - Segment Sales


Third quarter 2005 segment sales, which include transfers and pro rata share of equity affiliate sales, were $6.2 billion.  Third quarter 2004 sales of $6.4 billion included $0.5 billion from divested Textiles & Interiors (T&I), elastomers and photomasks businesses.  As shown below, sales increased 5 percent versus 2004 excluding these divested businesses.  Sales grew from 4 percent higher local selling prices and a 2 percent currency benefit, partly offset by 1 percent lower volume.  Lower volume is largely attributable to the impact of Hurricanes Katrina and Rita.

                        ANALYSIS OF SEGMENT SALES*

                            Three Months Ended     Percentage Change Due to:
  BY PLATFORM                  September 30          U.S. $
  (Dollars in billions)      $         % Change      Price        Volume

  Agriculture & Nutrition   $1.0           3 %         2             1
  Coatings & Color
   Technologies              1.5           5           6            (1)
  Electronic & Communication
   Technologies              0.9           9           5             4
  Performance Materials      1.5           1          10            (9)
  Safety & Protection        1.3           7           4             3

  Total Core Segments       $6.2           5 %         6            (1)


                         Three Months Ended      Percentage Change Due to:
  BY REGION                 September 30         Local     Currency
  (Dollars in billions)    $       % Change      Price     Effect    Volume

  U.S.                   $2.4            4 %        5          -        (1)
  Europe                  1.6           (2)         3          1        (6)
  Asia Pacific            1.3            7          4          1         2
  Canada & Latin
   America                0.9           17          1          9         7

  Total Core Segments    $6.2            5 %        4          2        (1)

  *  Percentages shown above are after excluding from third quarter 2004 (a)
     Performance Materials sales of $155 million for former DuPont Dow
     Elastomers (DDE) businesses transferred to The Dow Chemical Company on
     June 30, 2005, and (b) Electronic & Communication Technologies sales of
     $15 million for the divested Photomasks business.

  Business Segment Performance - PTOI


Segment pretax operating income (PTOI) for third quarter 2005 was $545 million compared to $438 million in the third quarter 2004.  Segment PTOI and percentage changes versus third quarter 2004 are shown in the table below. The third quarter 2005 segment performance reflects a $146 million hurricane charge. In addition, the current quarter includes gains of $31 million from the divestiture of non-core assets and $20 million from the sale of a T&I affiliate.  The third quarter 2004 segment results included charges of $165 million from significant items (See Schedule B).  Excluding significant items, segment PTOI increased 15 percent versus prior year.  Excluding the divested T&I, elastomers and photomasks businesses, segment PTOI increased 11 percent and, as a percentage of sales, increased 1 percentage point.  The third quarter 2005 benefit from gains on asset sales offset the impact of hurricane- related business interruptions.

                                        Three Months Ended September 30
  PRETAX OPERATING INCOME*                                         Change
  (Dollars in millions)                  2005           2004      vs. 2004

  Agriculture & Nutrition               $(134)         $(183)         $49MM
  Coatings & Color Technologies            42            179          (77)%
  Electronic & Communication
   Technologies                           129             34          279 %
  Performance Materials                    68            160          (57)%
  Pharmaceuticals                         197            173           14 %
  Safety & Protection                     256            216           19 %
  Other (including divested T&I
   businesses)                            (13)          (141)        $128MM

  Total                                  $545           $438           24 %

  *  See Schedule B for detail of significant items for the current and
     prior-year quarters.

  Agriculture & Nutrition

  -- PTOI increased $49 million with a current quarter seasonal loss of $134
     million versus a $183 million loss in the prior year.  The improvement
     reflects higher prices, higher crop protection volumes and productivity
     gains.

  -- Third quarter sales were $1.0 billion, up 3 percent on higher prices,
     higher sales in Latin America, and some early seasonal herbicide sales
     in North America that occurred in the fourth quarter last year.

  -- 57 new products were introduced during the quarter, including new corn
     hybrids and soybean varieties for the southern hemisphere growing
     season.

  Coatings & Color Technologies

  -- PTOI was $42 million, including a $113 million charge for hurricane
     damage, versus $179 million in the prior year.  Excluding that charge,
     PTOI declined 13 percent, primarily due to higher raw material costs
     and business interruption in the titanium dioxide business caused by
     the hurricanes.

  -- Third quarter segment sales were $1.5 billion, up 5 percent on 6
     percent higher USD prices and 1 percent lower volume.

  -- Higher selling prices largely reflect price improvements in titanium
     dioxide and refinish products.

  -- 109 new products were launched during the quarter, including a complete
     new line of aviation primers, topcoats, and sealers.

  Electronic & Communication Technologies

  -- PTOI was $129 million versus $34 million in the prior year.  Excluding
     a $63 million significant item charge in the prior year, PTOI increased
     33 percent.

  -- Third quarter sales were $0.9 billion, up 9 percent excluding third
     quarter 2004 Photomasks sales.  Sales growth reflects 5 percent higher
     USD prices and 4 percent higher volume.

  -- Higher sales volumes for electronic materials and fluoroproducts and
     higher fluorochemical prices drove sales and earnings improvement.

  -- 36 new products were introduced during the quarter, including new
     conductive pastes for photovoltaic panels.

  Performance Materials

  -- PTOI was $68 million versus $160 million in 2004.  Excluding an $11
     million hurricane charge, PTOI declined 51 percent, primarily due to
     lower sales volumes (due in part to hurricanes) and declines in
     elastomers.

  -- Excluding elastomers sales related to businesses transferred to Dow,
     third quarter sales were $1.5 billion, up 1 percent on 10 percent
     higher USD prices and 9 percent lower volume.

  -- Price increases offset the impact of significantly higher raw material
     costs in the quarter.  Lower volumes reflect hurricane business
     interruption in the ethylene copolymers and related intermediates
     businesses; declines in elastomers; and a business decision to not
     support sales to certain lower margin accounts.

  -- 61 new products were launched during the quarter including new
     Crastin(R) resins with Teflon(R) lubrication for conveyor parts.

  Safety & Protection

  -- PTOI was $256 million versus $216 million in the prior year.  Excluding
     a $22 million hurricane charge, PTOI improved 29 percent, reflecting
     strong sales growth and a $31 million gain on the sale of non-core
     assets.

  -- Third quarter sales were $1.3 billion, up 7 percent on 4 percent higher
     USD prices and 3 percent higher volume.

  -- All businesses, excluding chemicals, recorded solid double digit sales
     growth.  Chemicals sales were down primarily due to hurricane business
     interruption.

  -- 62 new products were introduced during the quarter, including new
     reinforced Tychem(R) protective apparel.



Additional information on segment performance is available on the DuPont Investor Center at http://www.dupont.com/.

Outlook

"We are working hard to overcome the challenges the hurricanes have presented and to achieve a strong finish to the year for our customers and our shareholders," said Holliday.  "We have accelerated our pricing initiatives and cost productivity measures to offset the extraordinary increases in energy and ingredient costs.  The additional actions the company announced today will help us accelerate value creation for our shareholders."

In the fourth quarter 2004, the company earned $.37 per share before a $.09 charge for significant items.  The company expects several factors to impact fourth quarter 2005 earnings.

  -- Results of the Coatings & Color Technologies segment will be reduced
     because its largest titanium dioxide manufacturing plant at DeLisle,
     Miss., damaged by Hurricane Katrina, will not begin to restart
     production until late December.

  -- Similarly, results of the Performance Materials segment will be reduced
     because its largest ethylene copolymers and intermediates plant at
     Orange, Tex., was shut down due to Hurricane Rita.  Although production
     began to start this month, recovery to full capacity is not expected
     until year-end.

  -- Results for the Agriculture & Nutrition segment for the second half
     2005 will be essentially flat with last year and show percentage growth
     in the high-teens for the full year.  However, for the fourth quarter,
     results are expected to be below last year due to the split of seasonal
     revenues and costs between the third and fourth quarters.

  -- Finally, the base tax rate in fourth quarter 2005 is expected to be
     about 26 percent, the same as the 2005 year-to-date rate.  While the
     full-year base tax rate in 2004 was about 25 percent, the rate in the
     fourth quarter 2004 was only 20 percent.



Taking these factors into account and recognizing the company's ongoing pricing initiatives to offset rising energy and ingredient costs, the company expects fourth quarter earnings to be in a range of $.20 to $.25 per share. The share repurchase program announced today is not expected to impact fourth quarter 2005 earnings per share.

Use of Non-GAAP Measures

Management believes that measures of income excluding significant items ("non-GAAP" information) are meaningful to investors because they provide insight with respect to ongoing operating results of the company.  Such measurements are not recognized in accordance with generally accepted accounting principles (GAAP) and should not be viewed as an alternative to GAAP measures of performance.  Reconciliations of non-GAAP measures to GAAP are provided in Schedule E.

DuPont is a science 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, nutrition, electronics, communications, safety and protection, home and construction, transportation and protective apparel.

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 documents filed with the Securities and Exchange Commission by DuPont, particularly its latest annual report on Form 10-K and quarterly report on Form 10-Q, 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, including inflation, interest and foreign currency exchange rates, of countries in which the company does business; competitive pressures; successful integration of structural changes, including restructuring plans, acquisitions, divestitures and alliances; cost of raw materials, research and development of new products, including regulatory approval and market acceptance; seasonality of sales of agricultural products; and severe weather events that cause business interruptions, including plant and power outages, or disruptions in supplier and customer operations.

  E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES

  SCHEDULE  A

                                 Three Months Ended      Nine Months Ended
  CONSOLIDATED INCOME STATEMENT    September 30,            September 30,
  (Dollars in millions,         2005         2004         2005         2004
   except per share)

  NET SALES                   $5,870       $5,740      $20,812      $21,340
  Other Income(a)                438          287        1,444          624

  Total                        6,308        6,027       22,256       21,964

  Cost of Goods Sold and
   Other Operating Charges(b)  4,709        4,567       14,980       15,779
  Selling, General and
   Administrative Expenses       751          681        2,424        2,329
  Amortization of
   Intangible Assets              57           58          171          168
  Research and Development
   Expense                       324          308          976          978
  Interest Expense               140           86          364          252
  Employee Separation Costs
   and Asset Impairment
   Charges(c)                      -            -            -          433
  Separation Charges -
   Textiles & Interiors(d)       (23)         102          (62)         630

  Total                        5,958        5,802       18,853       20,569

  INCOME BEFORE INCOME TAXES
   AND MINORITY INTERESTS        350          225        3,403        1,395
  Provision for (Benefit from)
   Income Taxes(e)               435         (117)       1,461         (114)
  Minority Interests in
   Earnings of Consolidated
   Subsidiaries                   (3)          11           42            7

  NET INCOME / (LOSS)           $(82)        $331       $1,900       $1,502

  BASIC EARNINGS (LOSS)
   PER SHARE OF COMMON
   STOCK(f)                    $(.09)        $.33        $1.90        $1.50

  DILUTED EARNINGS (LOSS)
   PER SHARE OF COMMON
   STOCK(f)                    $(.09)        $.33        $1.89        $1.49

  DIVIDENDS PER SHARE OF
   COMMON STOCK                 $.37         $.35        $1.09        $1.05


  NOTES TO CONSOLIDATED INCOME STATEMENT

  (a)  Third quarter 2005 includes a gain of $31 from sale of certain North
       American assets in the Safety & Protection segment.  Year-to-date
       2005 includes a gain of $23 resulting from the disposition of certain
       assets of DuPont Dow Elastomers LLC (DDE) to The Dow Chemical
       Company, a $28 benefit related to interest on certain prior year tax
       contingencies, and a gain of $48 resulting from the sale of the
       company's equity interest in DuPont Photomasks, Inc.

       Third quarter 2004 includes a $35 benefit related to interest on
       certain prior year tax contingencies. Year-to-date 2004 includes a
       charge of $150 in the Performance Materials segment to provide for
       the company's share of anticipated losses associated with antitrust
       litigation matters.

  (b)  During the third quarter 2005, the company recorded charges of
       approximately $146 for damaged facilities, inventory write-offs and
       clean-up costs related to Hurricanes Katrina and Rita.  Pretax
       hurricane charges by segment were $113 Coatings & Color Technologies,
       $11 Performance Materials and $22 Safety & Protection.  Year-to-date
       2005 includes a charge of $34 related to the shutdown of an
       Elastomers manufacturing facility in the United States.

       Third quarter 2004 includes a charge of $63 in the Electronic &
       Communication Technologies segment associated with the proposed
       settlement of the PFOA class action litigation in West Virginia.
       Year-to-date 2004 also includes a charge of $45 to establish the PFOA
       class action litigation reserve, as well as a charge of $36 in the
       Coatings & Color Technologies segment to provide for the settlement
       of litigation in Refinish.

  (c)  Year-to-date 2004 includes severance charges of $312 related to 2,700
       employees in the following segments:  Agriculture & Nutrition - $36;
       Coatings & Color Technologies - $64; Electronic & Communication
       Technologies - $42; Performance Materials - $45; Safety & Protection
       - $29; and Other - $96.  Year-to-date 2004 also includes charges of
       $42 related to the impairment of certain European manufacturing
       assets in the Safety & Protection segment; $23 related to the
       shutdown of manufacturing assets at a U.S. facility in the
       Performance Materials segment; $29 to write off abandoned technology
       in the Other segment; and $27 to reflect a decline in the value of an
       investment security in the Electronic & Communication Technologies
       segment.

  (d)  During the third quarter 2005, the company recorded a $23 benefit,
       primarily reflecting a gain on the sale of an equity affiliate
       associated with the ongoing separation of Textiles & Interiors.
       Year-to-date 2005 includes a net gain of $39 relating to the
       disposition of three equity affiliates, partly offset by other
       separation costs.

       Third quarter 2004 includes charges of $61 related to the separation
       of INVISTA and $41 related to the write-down of an equity affiliate
       to fair market value.  Year-to-date 2004 includes an additional
       charge of $528, consisting of $183 due primarily to an increase in
       the book value of net assets sold and additional separation costs,
       and $345 related to an agreed upon reduction in sales price, and
       other changes in estimates associated with the sale.

  (e)  Third quarter 2005 includes charges of $320 for income taxes
       associated with the repatriation of  approximately $9.4 billion under
       the American Jobs Creation Act (AJCA).  Year-to-date 2005 includes a
       net tax benefit of $24 related to certain prior year tax
       contingencies previously reserved.

       Third quarter 2004 includes tax benefits of $165 primarily related to
       agreement on certain prior year audit issues previously reserved.
       Year-to-date 2004 also reflects a $137 benefit associated with
       recording an increase in deferred tax assets in two European
       subsidiaries for their tax basis investment losses recognized on
       local tax returns, and additional INVISTA-related tax benefits of
       $322.

  (f)  Earnings per share are calculated on the basis of the following
       average number of common shares outstanding:


                  Three Months Ended                Nine Months Ended
                     September 30                     September 30
                Basic           Diluted          Basic           Diluted

  2005       995,464,491     995,464,491      995,928,331     1,002,579,254
  2004       997,128,284   1,001,238,379      998,970,044     1,003,464,374


  E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES

  SCHEDULE  B

  SIGNIFICANT ITEMS
  (Dollars in millions, except per share)

                            Pretax          After-Tax        ($ Per Share)
                         2005     2004     2005    2004      2005      2004

  1st Quarter - Total     $-    $(531)      $-    $(296)       $-     $(.30)

  2nd Quarter - Total  $ 118    $(661)   $ 111    $(302)    $ .11     $(.30)

  3rd Quarter:
   Hurricane
    Charges(1)         $(146)      $-     $(95)      $-     $(.10)       $-

   American Jobs
    Creation Act           -        -     (320)       -      (.32)        -

   Corporate Tax-Related
    Items                  -       35        -      200         -       .20

   Textiles & Interiors
    Separation(2)          -     (102)       -      (81)        -      (.08)

   Electronic &
    Communication
    Technologies -
    Litigation             -      (63)       -      (41)        -      (.04)

  3rd Quarter Total    $(146)   $(130)   $(415)     $78     $(.42)    $ .08

  (1) Pretax hurricane charges by segment were $113 Coatings & Color
      Technologies, $11 Performance Materials and $22 Safety & Protection.
      These amounts do not include the estimated impact of hurricane-related
      business interruptions.
  (2) Third quarter 2005 Textile & Interiors Separation activities are not
      considered significant.


  SIGNIFICANT ITEMS BY SEGMENT
  (Dollars in millions on pretax basis)

                                  Three Months Ended      Nine Months Ended
                                     September 30,          September 30,
                                    2005        2004       2005       2004

  Agriculture & Nutrition             $-          $-         $-       $(36)
  Coatings & Color Technologies     (113)          -       (113)      (100)
  Electronic & Communication
   Technologies                        -         (63)        48       (177)
  Performance Materials              (11)          -         (8)      (218)
  Safety & Protection                (22)          -        (22)       (71)
  Textiles & Interiors                 -        (102)         -       (630)
  Other                                -           -         39       (125)

  Total (excluding Corporate)      $(146)      $(165)      $(56)   $(1,357)

  Note:   See Notes to Consolidated Income Statement for additional details.


  E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES

  SCHEDULE  C

  CONSOLIDATED SEGMENT      Three Months Ended        Nine Months Ended
   INFORMATION(1)              September 30,            September 30,
  (Dollars in millions)     2005         2004         2005         2004

  SEGMENT SALES(2)
  Agriculture & Nutrition   $997         $969       $5,455       $5,246
  Coatings & Color
   Technologies            1,545        1,476        4,721        4,453
  Electronic & Communication
   Technologies              875          815        2,662        2,476
  Performance Materials    1,539        1,672        5,160        4,894
  Safety & Protection      1,268        1,185        3,938        3,443
  Textiles & Interiors       N/A          286          N/A        2,995
  Other                       14           12           39           37

    Total Segment Sales    6,238        6,415       21,975       23,544

  Elimination of Transfers   (68)         (75)        (228)        (483)
  Elimination of Equity
   Affiliate Sales          (300)        (600)        (935)      (1,721)

    CONSOLIDATED
     NET SALES            $5,870       $5,740      $20,812      $21,340

  PRETAX OPERATING INCOME
   (LOSS) (PTOI)(3)
  Agriculture &
   Nutrition(c)            $(134)       $(183)      $1,134         $894
  Coatings & Color
   Technologies(b,c)          42          179          402          482
  Electronic & Communication
   Technologies(a,b,c)       129           34          445           99
  Performance
   Materials(a,b,c)           68          160          469          269
  Pharmaceuticals            197          173          548          495
  Safety & Protection(a,b,c) 256          216          770          610
  Textiles & Interiors(d)    N/A         (116)         N/A         (479)
  Other(c,d)                 (13)         (25)         (27)        (231)

    Total Segment PTOI       545          438        3,741        2,139

  Exchange Gains and
   Losses(4)                  71          (22)         365         (111)
  Corporate Expenses &
   Interest(a)              (266)        (191)        (703)        (633)

    INCOME BEFORE INCOME
     TAXES AND
     MINORITY INTERESTS     $350         $225       $3,403       $1,395


  (1) Certain reclassifications of segment data have been made to reflect
      changes in organizational structure.  Beginning in 2005, Textiles &
      Interiors is no longer an operating segment of the company.  The
      remaining assets and charges related to separation activities are
      reported under Other.
  (2) Includes transfers and pro rata share of equity affiliate sales.
  (3) See respective Notes to Consolidated Income Statement for additional
      information on significant items.
  (4) Net after-tax exchange gains for third quarter 2005 and 2004 were $19
      and $5, respectively.  Gains and losses resulting from the company's
      hedging program are largely offset by associated tax effects.



  E. I. DU PONT DE NEMOURS AND COMPANY AND CONSOLIDATED SUBSIDIARIES

  SCHEDULE  D

  SELECTED INCOME STATEMENT DATA
  (Dollars in millions, except per share)

                             Three Months Ended         Nine Months Ended
                                September 30               September 30
                           2005      2004   % Chg.    2005      2004  % Chg.

  Consolidated Net Sales $5,870    $5,740      2%  $20,812   $21,340    (2)%
  Segment Sales           6,238     6,415     (3)   21,975    23,544    (7)
  Segment PTOI              545       438     24     3,741     2,139    75
  EBIT*                     451       270     67     3,615     1,582   129
  EBITDA*                   780       608     28     4,601     2,556    80
  Income Before Income
   Taxes and Minority
   Interests                350       225     56     3,403     1,395   144
  EPS - Diluted           (0.09)     0.33    N/M      1.89      1.49    27

  *  See Reconciliation of Non-GAAP measures (Schedule E).


  SCHEDULE  E

  RECONCILIATION OF NON-GAAP MEASURES
  (Dollars in millions)


  Reconciliation of EBIT / EBITDA to Consolidated Income Statement

                                  Three Months Ended      Nine Months Ended
                                     September 30,          September 30,
                                    2005        2004       2005       2004

  Income Before Income Taxes
   and Minority Interests           $350        $225     $3,403     $1,395

  Less:  Minority Interest in
   Earnings of Consolidated
   Subsidiaries(1)                     2         (15)       (41)       (12)
  Add:  Net Interest
   Expense(2)                         99          60        253        199

  EBIT                               451         270      3,615      1,582

  Add:  Depreciation and
   Amortization(3)                   329         338        986        974

  EBITDA                            $780        $608     $4,601     $2,556

  (1) Excludes income taxes.
  (2) Includes interest expense plus amortization of capitalized interest
      less interest income.
  (3) Excludes amortization of capitalized interest.


  Reconciliation of Segment PTOI
                                                   Three Months Ended
                                                      September 30,
                                              2005        2004     % Change

  Segment PTOI before Significant Items       $691        $603         15 %
  Significant Items included in
   September PTOI (per Schedule B)            (146)       (165)

  Segment PTOI                                $545        $438         24 %


  Reconciliation of Earnings Per Share (EPS)

                                                   Three Months Ended
                                                      September 30,
                                              2005        2004     % Change

  Earnings Per Share before Significant
   Items                                      $.33        $.25         32 %

  Significant Items included in EPS          $(.42)       $.08

  EPS                                         (.09)        .33         N/M


  Reconciliation of Segment PTOI as Percent of Segment Sales

                                                      Three Months Ended
                                                         September 30,
                                                   2005      2004   % change

  Segment PTOI before Significant Items            $691      $603      15%
  Pretax operating losses on divested DTI,
   Photomasks and Elastomers businesses               -        18
  Segment PTOI adjusted for portfolio changes      $691      $621      11%

  Segment Sales                                  $6,238    $6,415      (3)%
  Sales on divested DTI, Photomasks and
   Elastomers businesses                              -      (456)
  Segment Sales adjusted for portfolio changes   $6,238    $5,959       5%

  PTOI as Percent of Segment Sales                11.08%    10.42%


  NOTE: The results presented above include gains on sales of assets of $51
        and $21 for third quarter 2005 and 2004, respectively.  Management
        estimates that third quarter 2005 segment PTOI was negatively
        impacted by about $50 million due to hurricane-related business
        interruptions.


  Reconciliation of Base Income Tax Rate to Effective Income Tax Rate

                                    Three Months Ended    Nine Months Ended
                                      September 30,         September 30,
                                      2005       2004       2005      2004

  Income Before Income Taxes and
   Minority Interests                 $350       $225     $3,403    $1,395

  Remove:  Significant Items -
            Charge/(Benefit)           146        130         28     1,322
           Net Exchange
            (Gains)/Losses             (71)        22       (365)      111

  Income Before Income Taxes,
   Significant Items, Exchange Gains/
   Losses and Minority Interests      $425       $377     $3,066    $2,828

  Provision for (Benefit from)
   Income Taxes                       $435      $(117)    $1,461     $(114)

  Remove:  (Expense)/Benefit
    Tax on Significant Items          (269)       208       (276)      802
    Tax on Exchange Gains/Losses       (52)        27       (396)       45

  Provision for Income Taxes,
   Excluding Taxes on Significant
   Items and Exchange Gains/Losses    $114       $118       $789      $733

  Effective Income Tax Rate          124.3 %    (52.2)%     42.9 %    (8.2)%

  Base Income Tax Rate                26.7 %     31.2 %     25.7 %    25.9 %


DATASOURCE: DuPont



CONTACT:  Michelle S. Reardon, [phone],

 



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

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