Millennium Chemicals' Chief Financial Officer and Executive VP Growth and Development to Speak at the Salomon Smith Barney Chemical Conference


RED BANK, N.J., Nov. 26, 2002 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) announced today that John E. Lushefski, Senior Vice President and CFO, and Robert E. Lee, Executive Vice President - Growth and Development, will be presenting at the Salomon Smith Barney Annual Chemical Conference on Tuesday, December 3 at 9:55 AM EST. Investors may listen to Mr. Lushefski's and Mr. Lee's presentation live via webcast by accessing www.millenniumchem.com and clicking on the Investor Relations button. Following the presentation, you will be able to access the presentation on our home page (www.millenniumchem.com).

Millennium Chemicals (website: www.millenniumchem.com) is a major international chemicals company, with leading market positions in a broad range of commodity, industrial, performance and specialty chemicals.

Millennium Chemicals Inc. is:


 -- The second-largest producer of TiO2 in the world and a leading
    producer of titanium tetrachloride, and other products, including 
    zirconia, cadmium/selenium pigments and silica gel;

 -- The second-largest producer of acetic acid and vinyl acetate 
    monomer in North America, and through its partnership interest in 
    La Porte Methanol Company, LP, a partner in a leading U.S. 
    producer of methanol;

 -- A leading producer of fragrance chemicals; and,

 -- Through its partnership interest in Equistar Chemicals, LP, a 
    partner in the second-largest producer of ethylene, and the third-
    largest producer of polyethylene in North America and a leading 
    producer of ethylene oxide and its derivatives and high value-
    added specialty polymers.

The aforementioned statements relating to matters that are not historical facts are forward-looking statements that involve risks and uncertainties, including, but not limited to, future global economic conditions, production capacity, competitive products and prices and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings. In addition, the information presented here is intended to be accurate as of this date. Forward-looking information is intended to reflect the opinions as of this date; and, such information will not necessarily be updated by the Company.



            

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