SOLUTIA INCLUDED IN NEW DOW JONES SUSTAINABILITY INDEX

http://www.solutia.com/NewsReleases/InvestorNews/99-09-22Dow.html

[Fair Use: For Educational/Research Purposes Only]

ST. LOUIS, September 22, 1999  Solutia Inc. is included in the newly formed Dow Jones Sustainability Group Indexes, the worlds first family of global equity indexes tracking the performance of the leading sustainability-driven companies.

Solutia (NYSE: SOI) was selected after providing data on sustainability performance to the Dow Jones Sustainability Group Indexes (DJSGI). The indexes use a sustainability assessment to select companies scoring in the top 10 percent of their industry group.

DJSGI were formed to address increasing investor interest in companies committed to corporate sustainability principles, including innovative technology, corporate governance, shareholder relations, industrial leadership and social well-being.

Solutia is an innovative applied chemistry company serving customers in the home furnishings, construction, automotive and industrial products markets.

Solutias contributions to sustainability include:

Saflex plastic interlayer and KeepSafe Maximum laminated glass, which help protect homes and commercial buildings from damage in severe storms such as Hurricane Floyd.

Gelva biodegradable adhesives that hold pressure-sensitive postage stamps firmly in place through the mail and then dissolve without a trace when the envelope is recycled. A new, one-step process to manufacture phenol which will produce less waste than conventional processes and also consume nitrous oxide, a greenhouse gas byproduct from another manufacturing process.

"Were proud to be recognized for the contributions our products and customers make to society as well as for our own responsible stewardship of the environment," said John Hunter, president and chief executive officer of Solutia.

"We agree that sustainability is a factor investors should consider along with more traditional measures of financial performance."

The DJSGI family consists of a global index and four geographic indexes covering North America, Europe, Asia-Pacific and the United States. The indexes are licensed to serve as a platform for funds and financial instruments.

"The DJSGI corporate sustainability assessment has been carefully designed to ensure that the indexes are global, rational, consistent and flexible to provide financial quantification of corporate sustainability performance, according to Alois Flatz, head of sustainability research for Zurich-based SAM Sustainability Group, partner with Dow Jones Indexes in creating DJSGI. SAM is a pioneer in corporate sustainability assessment; Dow Jones is a leading index provider.

"We now have the quantitative tools for investors and companies to integrate sustainability principles in both corporate and investment strategies to their mutual benefit."

Solutia operates 20 manufacturing facilities worldwide, including: Anniston, Decatur and Foley, Alabama; Ontario, California; Pensacola, Florida; Augusta, Georgia; Soda Springs, Idaho; Sauget, Illinois; Springfield, Massachusetts; Trenton, Michigan; St. Louis, Missouri (3); Bridgeport, New Jersey; Greenwood, South Carolina; and Alvin, Texas; as well as Ghent, Belgium; LaSalle, Quebec, Canada; Singapore; and Newport, Wales, United Kingdom

More information on Solutia is available at http://www.solutia.com; more information on DJSGI is available at http://www.sustainability-index.com.

-- Anonymous, May 11, 2000

Answers

Dow Jones Sustainability Group Indexes (DJSGI) performance charts... PDF file...

http://indexes.dowjones.com/djsgi/pdf/Performancecharts.pdf

DJSGI site map...

http:// indexes.dowjones.com/djsgi/sitemap.html

CORPORATE SUSTAINABILITY CONCEPT

http:// indexes.dowjones.com/djsgi/index/concept.html

[Fair Use: For Educational/Research Purposes Only]

The concept of corporate sustainability has long been very attractive to investors because of its aim to increase long-term shareholder value. Sustainability-driven companies achieve their business goals by integrating economic, environmental and social growth opportunities into their business strategies. These sustainability companies pursue these opportunities in a pro-active, cost- effective and responsible manner today, so that they will outpace their competitors and be tomorrow's winners.

Sustainability companies not only manage the standard economic factors affecting their businesses but the environmental and social factors as well. There is mounting evidence that their financial performance is superior to that of companies that do not adequately, correctly and optimally manage these important factors.

The superior performance is directly related to a company's commitment to the five corporate sustainability principles:

 Technology: The creation, production and delivery of products and services should be based on innovative technology and organization that use financial, natural and social resources in an efficient, effective and economic manner over the long-term.
 Governance: Corporate sustainability should be based on the highest standards of corporate governance including management responsibility, organizational capability, corporate culture and stakeholder relations.
 Shareholders: The shareholders' demands should be met by sound financial returns, long-term economic growth, long-term productivity increases, sharpened global competitiveness and contributions to intellectual capital.
 Industry: Sustainability companies should lead their industry's shift towards sustainability by demonstrating their commitment and publicizing their superior performance.
 Society: Sustainability companies should encourage lasting social well being by their appropriate and timely responses to rapid social change, evolving demographics, migratory flows, shifting cultural patterns and the need for life-long learning and continuing education.

These principles are also the criteria by which sustainability companies can be identified and ranked for investment purposes. They facilitate a financial quantification of sustainability performance by focussing on a company's pursuit of sustainability opportunities - e.g., meeting market demand for sustainable products and services - and the reduction, ideally avoidance, of sustainability risks and costs.

As a result, corporate sustainability is an investable concept. This relationship is crucial in driving interest and investments in sustainability to the mutual benefit of companies and investors. As this benefit circle strengthens, it will have a positive effect on the societies and economies of both the developed and developing world.

-- Anonymous, May 11, 2000

Aside note:

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-- Anonymous, May 11, 2000

PRESS RELEASES

All Dow Jones Sustainability Group Indexes GmbH (DJSGI GmbH) press releases are presented chronologically by type - i.e., general release, index change release, monthly report and quarterly/annual review - and by headline.

PDF files...

September 8, 1999
Press Release

http://indexes.dowjones.com/djsgi/pdf/ MediaRelease_0809991.pdf

September 8, 1999
Presentation

A Partnership of Expertise and Experience
The World's first Sustainability Index

http://indexes.dowjones.com/djsgi/pdf/ Presentation_Version_V.pdf

-- Anonymous, May 11, 2000

Leading Sustainable Companies...

http:// indexes.dowjones.com/djsgi/index/leading.html

COMPANIES WITH TOP SUSTAINABILITY SCORES WITHIN EACH SECTOR

Economic Sector
Company -- Industry Group -- Country

Basic Materials

Stora Enso Oyj -- Paper Products -- Finland

Dofasco Inc. -- Steel -- Canada

Consumer, cyclical

Bayerische Motorenwerke AG -- Automobile Manufacturer -- Germany

Fuji Photo Film Co. Ltd. -- Recreational Products -- Japan

Consumer, noncyclical

Unilever Plc. -- Other Food -- Netherlands

Bristol-Myers Squibb Co. -- Pharmaceuticals -- United States

Energy

Suncor Energy Inc. -- Oil Companies -- Canada

Enbridge Inc. -- Pipelines -- Canada

Financial

Credit Suisse Group -- Banks -- Switzerland

Skandia Fvrsdkrings AB -- Insurance -- Sweden

Independent

Norsk Hydro ASA -- Conglomerates -- Norway

Marubeni Corp. -- Overseas Trading -- Japan

Industrial

Honeywell Inc. -- Electronic Components and Equipment -- United States

Tomra Systems ASA -- Pollution Control & Waste Management -- Norway

Technology

Fujitsu Ltd. -- Computers -- Japan

ST Microelectronics N.V. -- Semiconductors -- France

Utilities

Transalta Corp. -- Electrical Utilities -- Canada

Deutsche Telekom AG -- Telephone Systems -- Germany

-- Anonymous, May 11, 2000