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Press release from Business Wire

eSecLending Appointed Securities Lending Agent by Dow Chemical

<p class='bwalignc'> <b>Corporate Pension Cites eSecLending's Consultative Approach, Program Customization and Flexibility as Key Factors in Selection</b> </p>

Monday, January 07, 2013

eSecLending Appointed Securities Lending Agent by Dow Chemical09:00 EST Monday, January 07, 2013 BOSTON (Business Wire) -- eSecLending, a leading global securities lending agent, announced that they have been appointed by The Dow Chemical Company, to act as securities lending agent for its US pension plan assets. Gary McGuire, Chief Investment Officer of Dow Chemical states, “We are very happy with eSecLending's consultative approach and ability to customize our securities lending program to incorporate Dow's specific risk/return profile. As we re-engage in securities lending for the first time in several years, we are pleased to be partnering with an institution whose interests are aligned with ours." eSecLending's Co-Chief Executive Officer, Karen O'Connor states, “We are thrilled to establish a relationship with a world class organization such as Dow Chemical and further expand the breadth and depth of our pension client base. We are committed to delivering Dow a premier lending solution that meets their individual program objectives.” About Dow Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2011, Dow had annual sales of $60 billion and employed approximately 52,000 people worldwide. The Company's more than 5,000 products are manufactured at 197 sites in 36 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com. About eSecLending eSecLending is an independent global securities lending agent providing customized securities lending and collateral management solutions for institutional investors worldwide. The company's innovative approach has introduced investment management practices to the securities lending industry, offering beneficial owners a compelling alternative to traditional pooled lending programs. Their differentiated process facilitates best execution by utilizing a transparent, disciplined and repeatable auction process to determine their clients' optimal securities lending strategy. In addition to outperformance, their approach provides clients with greater transparency and control, allowing them to more effectively monitor and mitigate risks. Additional information may be found at www.eseclending.com eSecLendingAllyson Lewis, +1 617-204-6029alewis@eseclending.comwww.eseclending.com