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DuPont Reports First Quarter Earnings Growth of Over 20 Percent
Date:4/22/2008

0.36

Variable costs* (0.28)

Volume (0.01)

Fixed costs* (0.03)

Currency 0.11

Pharmaceuticals 0.01

Tax 0.03

Lower interest expense 0.02

Lower shares 0.03

1st Quarter 2008 - Reported $1.31

*Excludes volume and currency impact

The $0.03 per share variance in fixed costs, noted above, includes estimated savings from cost productivity projects during the first quarter which partially offset cost increases from growth investments and inflation. Fixed costs as a percent of sales decreased to 35.9 percent from 37.7 percent in the prior year.

Business Segment Performance

Segment sales and related percentage variances for first quarter 2008 versus the prior year quarter are shown in the table below.

SEGMENT SALES* Three Months Ended Percentage Change

(Dollars in billions) March 31, 2008 Due to:

USD Portfolio

$ % Change Price Volume and Other

Agriculture & Nutrition $2.9 18 15 4 (1)

Coatings & Color Technologies 1.6 6 8 (2) -

Electronic & Communication

Technologies 1.0 12 9 2 1

Performance Materials 1.7 8 12 (3) (1)

Safety & Protection 1.4 - 7 (3) (4)

* Segment sales include transfers

Segment pre-tax operating income (PTOI) for the first quarter 2008 was $1,851 million versus $1,579 million in the first quarter 2007. Excluding a prior-year sig
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SOURCE DuPont
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