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Press release from PR Newswire

LyondellBasell Declares Third Quarter Dividend

Thursday, August 18, 2011

LyondellBasell Declares Third Quarter Dividend08:00 EDT Thursday, August 18, 2011ROTTERDAM, Netherlands, Aug. 18, 2011 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that its Management Board has declared a dividend of $0.20 per share payable on Sept. 7, 2011 to shareholders of record on Aug. 17, 2011.  The dividend is double the amount of the company's initial dividend paid in May 2011.  The company's Supervisory Board authorized the Management Board to declare a dividend on Aug. 3.LyondellBasell (NYSE: LYB) is one of the world's largest plastics, chemical and refining companies.  The company manufactures products at 58 sites in 18 countries.  LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels.  More information about LyondellBasell can be found at Contact:David A. Harpole +1 713-309-4125 Investor Contact:Douglas J. Pike +1 713-309-7141SOURCE LyondellBasell Industries