Albemarle Reports Record Quarterly Net Sales and Operati...(emand for 2008 and 2009. While general b...),Health

Date:4/21/2008

emand for 2008 and 2009. While general business conditions are concerning, our business fundamentals remain sound. However, we are experiencing dramatic inflation in raw materials and energy in all of our businesses that continues to pressure operating margins. We will continue to work with our customer base to pass through these rapidly escalating costs.

Earnings Call

The Company's performance for the first quarter ended March 31, 2008 will be discussed on a conference call at 8:00 AM Eastern Daylight time on April 22, 2008, which can be accessed through Albemarle's website under Investor Information at http://www.albemarle.com.

Albemarle Corporation, headquartered in Richmond, Virginia, is a leading global developer, manufacturer and marketer of highly-engineered specialty chemicals for consumer electronics; petroleum and petrochemical processing; transportation and industrial products; pharmaceuticals; agricultural products; construction and packaging materials. The Company operates in three business segments, Polymer Additives, Catalysts and Fine Chemicals and serves customers in approximately 100 countries.

Forward-Looking Statements

Some of the information presented in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although we believe our expectations as reflected are based on reasonable assumptions within the bounds of our knowledge of our business and operations, there can be no assurance that actual results will not differ materially. Factors that could cause actual results to differ from expectations include, without limitation: the inability to pass through increases in costs and expenses for raw materials and energy; competition from other manufacturers; changes in demand for our products; the gain or loss of significant customers; fluctuations in foreign currencies; and increase
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