Millennium Chemicals Schedules Second Quarter 2003 Earnings Results and Outlook and Internet Webcast/Teleconference


RED BANK, N.J., July 31, 2003 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium") announces the following schedule and contact information for its second quarter earnings release and outlook and webcast/teleconference:


 Earnings Release: Wednesday, August 13, 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:  Wednesday, August 13, 2003 - 11:00 a.m. EDT

 Dial in Number:  973-935-8504
                  Please call 5-10 minutes before the scheduled start 
                  of the teleconference

 Speakers:        Bob Lee, President and Chief Executive Officer
                  Jack Lushefski, Executive 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 our website 
                  http://www.millenniumchem.com and click on Investor 
                  Relations

 Replay:          973-341-3080, ID No. 4089519 available through 
                  August 20, 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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