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Press release from PR Newswire

LyondellBasell Board Authorizes Quarterly Dividend

Wednesday, February 29, 2012

LyondellBasell Board Authorizes Quarterly Dividend08:00 EST Wednesday, February 29, 2012ROTTERDAM, Netherlands, Feb. 29, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that its Supervisory Board has authorized the company's Management Board to declare a dividend of $0.25 per share to be paid on March 30, 2012 to shareholders of record as of March 12, 2012, subject to the adoption of a resolution by the Management Board, which is expected to occur on March 12, 2012.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 www.lyondellbasell.com.SOURCE LyondellBasell IndustriesFor further information: Media, David A. Harpole, +1-713-309-4125; or Investors, Douglas J. Pike, +1-713-309-7141, both for LyondellBasell Industries