Albemarle Corrects News Stories About Chemical Release in Pasadena, Texas Plant

Release Occurred at Another Company's Facility Adjacent to Albemarle's Property

No Albemarle Employees, Contractor Workers Affected at Albemarle Site

No Effect on Albemarle's Facility

PASADENA, Texas, April 24 /PRNewswire/ -- Albemarle Corporation would like to correct certain erroneous initial news stories reported by multiple Houston-area news outlets that a chemical release took place today at Albemarle's facility located at 2500 N. South Street, Pasadena, Texas. The event occurred at an adjoining facility and did not involve Albemarle Corporation, its employees or its contractors.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050801/ALBEMARLELOGO )

The incident in question took place just before 5:00 PM CDT at the Pasadena, Texas facility of MEMC Electronic Materials, Inc., 3000 N. South Street. Further information about the incident should be obtained by contacting MEMC.

Again, the incident in question did NOT take place at Albemarle's plant, and NO Albemarle employees or contract workers or others on Albemarle's site were affected by the incident.

Albemarle Corporation (NYSE:ALB), headquartered in Richmond, Virginia, is a leading global developer, manufacturer and marketer of highly engineered specialty chemicals for consumer electronics; petroleum and petrochemical processing; transportation and industrial products; pharmaceuticals; agricultural products; and construction and packaging materials. The Company operates in three business segments-Polymer Additives, Catalysts and Fine Chemicals, and serves customers in approximately 100 countries. Learn more about Albemarle at http://www.albemarle.com/.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.

First Call Analyst:
FCMN Contact:

Photo: http://www.newscom.com/cgi-bin/prnh/20050801/ALBEMARLELOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Albemarle Corporation

CONTACT: Media, Stephanie Dixon, +1-225-388-7904,
Stephanie_Dixon@albemarle.com or Rene Milligan, +1-225-388-7106,
Rene_Milligan@albemarle.com; Investor Relations, Sandra Rodriguez,
+1-225-388-7654, Sandra_Rodriguez@albemarle.com, all of Albemarle Corporation

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

2008-04-24 22:01:34 0345096 PRNEWSWIRE