July 13, 2007

David Rolph to leave Borealis

David leaves a far stronger technical and commercial organisation in place to take the business into its next phase of development.

David Rolph will be leaving Borealis at the end of July after heading the Polyolefins Business Group for approaching six years. During this time the overall business performance has been transformed and he leaves a far stronger technical and commercial organisation in place to take the business into its next phase of development.

John Taylor, Chief Executive of Borealis comments: "We would like to thank David for the many contributions he has made to significantly improve the performance of Borealis, both in leading the Polyolefins Business Group and as a member of the Executive Board. We wish him and his family all the best in the future."

From August until further notice, the Polyolefins Business Group will report to the CEO Designate, Mark Garrett.

END

Borealis and Borouge are leading providers of innovative, value creating plastics solutions. With more than 40 years of experience in polyolefins and using our unique Borstar® technology, we focus on the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia. Our production facilities, innovation centres and service centres work with customers in more than 170 countries to provide the materials that make an essential contribution to society and sustainable development. We are committed to the principles of Responsible Care® and to leading the way in 'Shaping the Future with Plastics'™.

For more information on Borealis and Borouge, a joint venture between Borealis and the Abu Dhabi National Oil Company, visit www.borealisgroup.com and www.borouge.com.

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