Evonik Supports Science Education At Sanford High School       

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

SANFORD, Maine, December 4, 2007 – Evonik Industries, whose operations were formally known as Degussa’s CYRO Industries, today presented the science department at Sanford High School with a $500 community grant to support the school's science education programs.  

The $500 grant is Evonik’s way of celebrating with its neighbors in Sanford but is also a continuation of the company-wide commitment to science education, said Drew Scott, Evonik’s CYRO Industries’ site manager. “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.

George Pouravelis, head of the science department at Sanford High School said CYRO’s donation “is a wonderful investment in the future of the community.”  

“Science is crucial in all aspects of life whether it is generating ideas to improve the quality of life for all people or generating important ethical and personal discussions regarding technological developments, science helps kids think about their place in the world,” he added.  

CYRO’s gift will be used to purchase data collecting devices to interface with computers and calculators, Pouravelis said, “which will help our students collect massive amounts of data in a very short time and provide material for scientific thought. This may help them get a sense of research based decision making and in turn lean toward a future science career.”  

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

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