Millennium Chemicals Schedules Fourth Quarter and Year-End 2002 Earnings Results and Internet Webcast/Teleconference


RED BANK, N.J., Jan. 9, 2003 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium") announced the following schedule and contact information for its fourth quarter and year-end earnings release and webcast/teleconference:


 Earnings Release: January 27, 2003 - before the NYSE opens
                   By PrimeZone Media Network distribution and
                   Millennium's web site at: 
                   http://www.millenniumchem.com, click on
                   Investor Relations

   Teleconference: January 27, 2003 - 11:00 a.m. EST

   Dial-in Number: 973-582-2741
                   Please call 5-10 minutes before the scheduled start
                   of the teleconference

         Speakers: Bill Landuyt, Chairman and CEO
                   Jack Lushefski, Sr. Vice President and
                                   Chief Financial Officer
                   Mickey Foster, Vice President, Corporate and
                                  Investor Relations

         Webcast: You can conveniently view the slide presentation and
                  listen to remarks live by accessing the website
                  http://www.millenniumchem.com and click 
                  on Investor Relations

          Replay: 973-341-3080, ID 3683721 available through
                  February 3, 2003

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 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;

-- 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 third-largest producer of polyethylene in North America, and a leading producer of ethylene oxide and its derivatives and high value-added specialty polymers.



            

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