First Quarter

• Dow starts up its first-ever production facility in Russia, located in Kryukovo, outside Moscow. The plant will produce STYROFOAM™ Extruded Polystyrene insulation boards for Dow Building Solutions.
• Dow announces plans to increase production of CELLOSIZE™ Hydroxyethyl Cellulose at its site in Institute, West Virginia, U.S.A. The additional capacity will be used primarily in paint and oil field applications.
• The Company confirms it will begin global-scale production of its new INFUSE™ Olefin Block Copolymers at Freeport, Texas, U.S.A., following a successful trial manufacturing run at the facility.
• Dow introduces Propylene Glycol Renewable, a propylene glycol made from the glycerin that is generated during the manufacture of biodiesel, a diesel-fuel alternative produced from vegetable oil.
• Dow’s Polyurethanes business unveils capital investment plans for two European facilities to expand capacity at its polyols plant in Terneuzen, The Netherlands, and its propylene glycol facility in Stade, Germany.
• The U.S. Department of Energy awards Dow a $20 million grant to advance integrated photovoltaics, a technology that incorporates
  solar power components directly into a variety of building materials.
• Dow declares a dividend of 37.5 cents per share … the Company’s 382nd consecutive cash dividend.
• A major new research program, sponsored by Dow, is announced by the Company, offering three-year grants to help develop technology that will convert methane to chemicals.
• Dow commits to being a founding sponsor of the Colorado Center for Biorefining and Biofuels, a research center devoted to developing new biofuels and biorefining technologies.
• The Company accepts a leadership role with EPCglobal, a non-profit agency developing industry-driven standards for electronic product code technology that tracks items within a supply chain.
• Dow launches eight new grades of VERSIFY™ Plastomers and Elastomers, a highly versatile product range that delivers performance and processing benefits across an array of end-use applications.

Second Quarter

• Dow hosts its 110th Annual Meeting of Stockholders.
• Saudi Aramco and Dow sign a Memorandum of Understanding to move forward with their multibillion-dollar joint venture chemicals and plastics production complex near Ras Tanura, Saudi Arabia.
• Dow and Chevron Phillips Chemical announce plans for a 50:50 polystyrene and styrene monomer joint venture in North and South America.
• Beijing-based Shenhua Group and Dow agree to a detailed feasibility study for a coal-to-chemicals joint venture in the Shaanxi Province of China.
• Dow raises its quarterly cash dividend by 12 percent to 42 cents per share. Since 1912, Dow has consistently either raised or maintained its quarterly dividend.
• Twenty-two elite runners gather in New York, U.S.A., at the start of the 2007 Blue Planet Run, an around-the-world relay sponsored by Dow to focus attention on the one billion-plus people without ready access to safe drinking water.
• The Company signs a Heads of Agreement with the National Oil Corporation of Libya to operate and expand the Ras Lanuf petrochemical complex on the country’s Mediterranean Sea coastline.
• Dow announces the completion of its acquisition of British Vita’s polyurethane systems business, Hyperlast Limited, which includes elastomer systems facilities in the United Kingdom.
• CKE Restaurants Inc. announces that its Carl’s Jr.® and Hardee’s® restaurant chains are converting to Dow AgroSciences’ zero trans fat Omega-9 Canola Oil.
• Dow joins the United States Climate Action Partnership, an alliance of major businesses and environmental groups calling on federal legislation to reduce greenhouse gas emissions.
• The Company opens a new polyurethane systems market development and prototyping laboratory in Egypt to help meet the growing needs of customers across the Middle East, India and Africa.
• Dow announces a partnership program with Lawrence Berkeley National Laboratory and the Chinese Energy Research Institute to support China in its efforts to improve energy efficiency.
• Dow joins the United Nations Global Compact, the world’s largest global corporate citizenship initiative.
• At the Guaruja site in Brazil, Dow partners with its Community Advisory Panel and Jean-Michel Cousteau’s Ocean Futures Society to create Latin America’s first Ambassador of the Environment program.

Third Quarter

• Dow completes the acquisition of Wolff Walsrode and forms Dow Wolff Cellulosics, a $1 billion specialty business focused on cellulosics and related chemistries and serving a broad spectrum of industry sectors.
• A corn cross-licensing agreement between Dow AgroSciences and Monsanto, aimed at launching SmartStaxTM, breaks new ground in the commercialization of gene stacking technology.
• The Company signs a Memorandum of Understanding with Brazilian ethanol producer, Crystalsev, to form a joint venture to manufacture polyethylene from sugar cane.
• Dow AgroSciences acquires Agromen Tecnologia, substantially expanding its Brazilian corn seeds business and strengthening the Company’s global corn seeds platform.
• Dow’s Polyurethanes Systems business announces plans to acquire Danish company Edulan A/S, an independent polyurethanes systems house specializing in rigid foam and elastomer technologies.
• Definitive agreements are signed by Dow to acquire three leading epoxy systems formulators: UPPC AG in Germany, and POLY-CARB Inc. and GNS Technologies in the United States.
• Dow AgroSciences unveils a new family of herbicide tolerance traits that will provide tolerance to multiple classes of herbicides in different crops. The technology should be ready to launch in corn in 2012.
• The Company introduces RENUVA™ Renewable Resource Technology, a proprietary process to produce bio-based polyols with high renewable content.
• Singapore’s national water agency, PUB, signs an agreement to test Dow’s next-generation 16-inch FILMTEC™ membranes for use in water reclamation.
• Dow AgroSciences wins the “Best Formulation Innovation” award in the 2007 AGROW Awards for EcoZome™, an aqueous formulation technology for crop protection products that addresses issues with solvent systems.
• The Company launches SAFETOUCH™ Fiberglass-Free Insulation, a polyester fiber batting with insulating properties of fiberglass-based materials that does not irritate skin, throat or eyes.
• Dow AgroSciences wins the United Nations’ Montreal Protocol Innovators Award at the annual Meeting of the Montreal Protocol.
• Dow Footwear Solutions announces its official launch as a new Market Facing business for Dow.
• The Company declares a dividend of 42 cents per share … its 384th consecutive cash dividend.
• The Company launches Dow Fabric and Surface Care, a new Market Facing business.
• Dow FORTEFIBER™ Soluble Dietary Fiber products receive an inaugural Institute of Food Technologies Food Expo innovation award.
• Once again, Dow is included in the Dow Jones Sustainability World Index for the global chemical industry. The Company’s overall score ranks third highest across all 18 industry groups included in the Index.

Fourth Quarter

• Gazprom, the world’s largest gas producer, signs a Memorandum of Intent with Dow and Russian petrochemical company, SIBUR, to evaluate potential chemical manufacturing opportunities using Russia’s natural gas capacity.
• Dow provides seed money to establish a new Sustainable Products and Solutions program, based at the Center for Responsible Business at the University of California at Berkeley’s Haas School of Business and in partnership with its College of Chemistry.
• Dow Wolff Cellulosics begins construction of the world’s largest methylcellulosics plant in Bitterfeld, Germany.
• Dow Wolff Cellulosics introduces an enhanced emulsion technology using METHOCEL™ Food Gums that helps eliminate trans fats in baked goods.
• The Company signs a Memorandum of Understanding with Hunton Energy relating to a potential petroleum coke gasification plant in Texas, U.S.A. Hunton would build, own and operate the facility, and Dow would purchase synthetic natural gas and steam for its Texas Operations manufacturing site in Freeport.
• Dow and Petrochemical Industries Company of Kuwait announce plans to form a 50:50 joint venture petrochemicals company with revenues of more than $11 billion and 5,000 employees worldwide.
• Dow Building Solutions announces next-generation foaming agent technology that will enable the manufacture of STYROFOAM™ insulation with a zero ozone-depletion factor.
• Dow declares a dividend of 42 cents per share … the Company’s 385th consecutive cash dividend.
• The Company pledges $2 million to the Young Arab Leaders’ Global Action Program, an initiative designed to encourage dialogue among leaders across the globe.
• Dow Canada finalizes the sale of Dow’s caustic soda business in Western Canada to Univar Canada. This sale includes the West Coast Distribution Centre terminal assets as well as miscellaneous equipment.
• Dow completes the sale of its ETHAFOAM™ performance foam business to Sealed Air Corporation.
• Dow provisionally agrees to provide up to $30 million of loan guarantees to WaterHealth International that would support the financing of 2,000 community water systems, serving 11 million people in rural India.
• Dow unveils its renewable grade polyurethane footwear soling system, VORALAST™ R.
• Dow announces plans to shut down a number of assets and make organizational changes within targeted support functions, eliminating approximately 1,000 jobs. As a consequence, the Company reports restructuring charges totaling $590 million in the fourth quarter, and expects to realize estimated savings of $180 million a year.
• Dow endorses the CEO Water Mandate and Caring for Climate, two voluntary initiatives of the U.N. Global Compact.
• Dow launches Dow Coating Solutions, a Market Facing business focused on providing materials, technology and solutions to the global coatings industry.
  

™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow.
™SmartStax is a trademark of Monsanto Company.
® Carl's Jr. and Hardees are registered trademarks of CKE Restaurants, Inc.