Rhodia's Third Quarter 2005 Results: EBITDA increases by 13% confirming Rhodia's operational recovery

Business Wire, Nov 9, 2005

--changes in the competitive and regulatory framework in which we operate, in particular increased competition in the specialty chemicals industry;

--changes in raw material prices, in particular the price of oil and oil derivatives;

--changes in interest rates and currency exchange rates in currencies other than the euro, principally in U.S. dollars, Brazilian reals and U.S. dollar-influenced currencies;

--our ability to successfully conclude divestitures and restructuring transactions on a timely basis and terms that are commercially acceptable;

--our ability to introduce new products and to continue to develop our production process;

--customers and market concentration;

--risks and uncertainties attendant to doing business in numerous countries that may be exposed to, or may have recently experienced, economic or governmental instability;

--changes in economic or technological trends;

--potential environmental claims, costs, liabilities or other obligations;

--If we are unsuccessful in obtaining tradable credits (CDM certificates) under the Clean Development Mechanism as established by the Kyoto Protocol; we note that the CDM processes and markets are new and are subject to risks, some of which may not yet be known;

--And general competitive and market factors on a global, regional and/or national basis.

Additional factors that might cause our future actual results to differ materially from our recent results or those projected in the forward-looking statements are set forth in "Item 3. Key Information--Risk Factors" included in our Form 20-F filed with the United States Securities and Exchange Commission (SEC) on May 5, 2005, as updated in our submissions to the SEC from time to time. We assume no obligation to update the forward-looking statements or such risk factors.