Price increases

8/17/2004 5:02 AM EST

The prices of benzene and phenol continue to strongly increase.
Following an 11% increase from June - July, prices have increased by a
further 10% in August. The phenol price is now at an historic all-time
high. As a result of this unprecedented situation Dynea is forced to
further increase its prices in Europe with immediate effect. Prices for
solid phenolic resins will rise by EUR 120 per metric ton, while prices
for liquid phenolic resins will rise by 50 to 80 EUR (increase depending
on the composition of the respective product).

Dynea in Brief

Dynea is a leading provider of global adhesion and surfacing solutions
to the woodworking industry as well as for a wide range of other
industrial applications. Dynea's resins are used by the panel board
industry, engineered and interior wood manufacturers, the mineral and
glass fibre industry, the paper impregnating industry, and for many
other applications. We offer a wide range of paper overlays for
industrial and decorative applications. Dynea has an annual turnover of
approximately EUR 1.0 billion. With 60 production units in twenty-six
countries in Europe, the Americas and Asia Pacific, Dynea employs some
3,200 persons. Prefere(TM) is Dynea's family of high quality resins
solutions. Dynea's Ultim(TM) product line leads the world in overlay
technology.

For more information, please contact:

Dynea Communications, tel. +358 10 585 2031, e-mail to  ,
or visit our website at www.dynea.com.