LyondellBasell Declares Quarterly Dividend

March 12, 2012

ROTTERDAM, Netherlands, March 12, 2012 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that its Management Board has declared an interim dividend of $0.25 per share payable on March 30, 2012 to shareholders of record on March 12, 2012.

The company announced on Feb. 29, 2012 that its Supervisory Board had authorized the Management Board to declare the dividend.

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.

Media Contact: David A. Harpole +1 713-309-4125

Investor Contact: Douglas J. Pike +1 713-309-7141

SOURCE LyondellBasell Industries