LyondellBasell Board Authorizes Interim Dividend

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Nov 06, 2012, 04:01 ET

ROTTERDAM, Netherlands, Nov. 6, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that its Supervisory Board has authorized the company's Management Board to declare an interim dividend of $0.40 per share to be paid Dec. 11, 2012 to shareholders of record on Nov. 19, 2012, subject to the adoption of a resolution by the Management Board, which is expected to occur Nov. 19, 2012.

The interim dividend is separate from and in addition to the company's special dividend of $2.75 per share announced Oct. 26 that also will be paid Dec. 11, 2012 to shareholders of record Nov. 19, 2012.

LyondellBasell (NYSE: LYB) is one of the world's largest plastics, chemical and refining companies and a member of the S&P 500 Index. LyondellBasell (www.lyondellbasell.com) manufactures products at 58 sites in 18 countries. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels.