Dow Announces 2Q11 Results

Earnings Materials

2Q11 Highlights & Strategic Developments

Dow Announces Sale of Global Polypropylene Business to Braskem for $340 Million Dow and Saudi Aramco Announce Joint Venture to Drive Downstream Growth through World-Scale Chemicals Project Dow and Mitsui to Create Platform for Biopolymers to Serve Packaging, Hygiene & Medical Markets Dow and Ube Form Joint Venture to Manufacture Electrolytes for Lithium-Ion Batteries Liveris Named Co-Chair of U.S. President Obama's Newly Formed Advanced Manufacturing Partnership Dow Water & Process Solutions Opens Global Water Technology Development Center in Spain Dow Agrosciences Announces the First Saturated Fat Free Oil Product Dow and Aksa Sign Memorandum of Understanding to Form Integrated Carbon Fiber and Derivatives Joint Venture Dow Solar Manufacturing Construction Under Way Dow Makes Energy from Recycled Plastic Dow Announces Results from Annual Stockholder Meeting EPA Registers First Dow AgroSciences 2,4-D Choline Product Submission Dow Announces Plans to Fully Integrate and Grow North American Performance Businesses with Shale Gas Liquids Dow Board of Directors Declares an Increase in Dividend from 15 Cents to 25 Cents For the Second Quarter Dow AgroSciences Receives Registration for REFUGE ADVANCED™ Powered by SmartStax®, Dow AgroSciences Refuge-in-the-Bag Concept

1Q11 Highlights & Strategic Developments

Dow Announces Plans to Fully Integrate and Grow North American Performance Businesses with Shale Gas Liquids Dow Board of Directors Declares an Increase in Dividend from 15 Cents to 25 Cents For the Second Quarter Dow AgroSciences Receives Registration for REFUGE ADVANCED™ Powered by SmartStax^®, Dow AgroSciences Refuge-in-the-Bag Concept Dow and Binhua Sign Memorandum of Understanding for New Joint Venture in China Dow Announces Development of a new Polymeric Flame Retardant Technology for Polystyrene Foam Building Insulation Products Dow Breakthrough Enables Better Paint with Less TiO₂ First Five-Gene Trait Stack Technology from Dow AgroSciences Approved in Brazil Dow AgroSciences Touts New Enlist™ Technology at London Investor Meeting Dow Announces Results of Its Debt Tender Offers Performance Plastics Division Created Dow to Invest $100 Million to Reduce Energy Use, GHG Emissions Dow Begins Operation of EO Only Production at St. Charles, La.

Spokesperson Biographies

Andrew Liveris
Chairman & Chief Executive Officer Bill Weidman
Executive Vice President and Chief Financial Officer Doug May
Vice President, Investor Relations

¹EBITDA is defined as earnings (i.e., "Net Income") before interest, income taxes, depreciation and amortization. A reconciliation of EBITDA to "Net Income Available for The Dow Chemical Company Common Stockholders" is provided following the Operating Segments table.