Eastman Chemical Company Named to CRO Magazine's List of 100 Best Corporate Citizens

Business Wire, March 12, 2008

KINGSPORT, Tenn. -- Eastman Chemical Company (NYSE: EMN) has been named one of the "100 Best Corporate Citizens" for 2008 by Corporate Responsibility Officer Magazine. Eastman ranks number 64 on the list, which is in its ninth year of publication.

Intel achieved top honors followed by Eaton Corp., Nike Inc., Deere & Co., Genentech Inc., Corning Inc., Humana Inc., Bank of America Corp., ITT Corp. and PG&E Corp.

"Eastman is again honored to be recognized by CRO Magazine for our commitment to our communities and the environment," said Brian Ferguson, chairman and CEO of Eastman. "Eastman people incorporate these values into everything we do each day. It is rewarding to have those efforts recognized by others."

This is the second time in recent months that CRO Magazine has recognized Eastman for its corporate citizenship. In October 2007, CRO listed Eastman as one of the five best corporate citizens among chemical companies in the U.S.

In compiling the 100 Best, CRO ranked the corporate responsibility efforts of large-cap companies from the Russell 1000 index in eight categories: climate change, employee relations, environment, financial, governance, human rights, lobbying and philanthropy.

The 100 Best companies will be honored in a special reception at the conclusion of the Spring CRO Conference March 27, 2008 at the Union League Club in NYC. For more details about CRO's 100 best corporate citizens 2008, the methodology and CRO magazine, visit www.thecro.com.

About Eastman Chemical Company

Eastman manufactures and markets chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is a major supplier of cellulose acetate fibers; and produces PET polymers for packaging. As a Responsible Care[R] company, Eastman is committed to achieving the highest standards of health, safety, environmental and security performance. Founded in 1920 and headquartered in Kingsport, Tenn., Eastman is a FORTUNE 500 company with 2007 sales of $6.8 billion and approximately 11,000 employees. For more information about Eastman and its products, visit www.eastman.com.