Evonik Supports Science Education At Calvert City Elementary School   

Grant From Global Innovation Leader Marks Company's New Corporate Identity  

CALVERT CITY, Ky., December 4, 2007 – Evonik Industries, whose chemical operations were formally known as Degussa, today presented the Calvert City Elementary School with a $500 community grant to support the District's science education programs.  

Michael Ross, Evonik Degussa Corporation site manager, said the company made the donation to introduce its new identity.  

The $500 grant is Evonik’s way of celebrating with its neighbors in Calvert City but is also a continuation of the company-wide commitment to science education, said Ross. “Learning about the wonders of science can serve as a great inspiration for students, who may go on to be the chemists, researchers, or engineers of tomorrow,” he added.  

The students and teachers at Calvert City Elementary School are very appreciative of Evonik Degussa’s generosity, said Principal Phyllis O’Neal, who noted that the school is building a new science and art laboratory.  

  “The funds from Evonik Degussa Corporation will be used to help outfit our new lab,” she added. “Science is so important today, and we like to do a lot of ‘hands on’ experiments with our students. Evonik’s generous gift will go a long way to help us get more students interested in science. It’s important in today’s world for younger students to be introduced early on to science, because they’ll be much more interested in science when they get older.”

Evonik employees have a deep commitment to science education.  “By supporting our educational institutions,” Ross said, “we are investing in the development of new scientific discoveries, future research and development researchers, and global economic advancement.”  

Company information

Evonik Industries AG is the creative industrial group which operates in three highly profitable, promising business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability.  

Evonik Industries is active in over 100 countries around the world. In fiscal 2006 around 43,000 employees generated sales of €14.8 billion and operating profit (EBIT) of over €1.2 billion. Evonik plans to enter the capital market in the first half of 2008.  

Disclaimer

In so far as forecasts or expectations are expressed in this press release and where our forward-looking statements concern the future, these forecasts, expectations and statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Evonik Industries AG assumes no obligation to update the forecasts, expectations or statements contained in this release.  

For more information, contact:

Mike Sheridan

Evonik Degussa Corporation

Tel: 973-541-8812

e-mail: mike.sheridan@degussa.com