LyondellBasell Declares Quarterly Dividend

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May 21, 2012, 04:00 ET

ROTTERDAM, Netherlands, May 21, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that its Management Board has declared an interim dividend of $0.40 per share payable on June 11, 2012 to shareholders of record on May 21, 2012.

The company announced on May 9, 2012 that its Supervisory Board had authorized the Management Board to declare a dividend $0.40 per share, an increase of 60 percent from the $0.25 per share quarterly dividend paid in the first quarter of 2012.

LyondellBasell (NYSE: LYB) is one of the world's largest plastics, chemical and refining companies. The company 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. More information about LyondellBasell can be found at www.lyondellbasell.com.