Cristal Global Announces TiO2 Price Increases

HUNT VALLEY, Md. & JEDDAH, Saudi Arabia--(Business Wire)--Cristal Global (Cristal) announced today price increases on the
sale of all of its titanium dioxide (TiO(2)) products sold in North
America and Latin America. Effective Jan. 15, 2008, or as permitted by
contract, prices for all rutile and anatase Tiona(R) and Cristal
titanium dioxide (TiO(2)) products sold to all end-use markets in
North America (United States and Canada) will increase by US $0.06 per
pound and in Latin America by US $130/tonne. This is in addition to
the US $0.06 previously announced in North America and the US
$120/tonne previously announced in Latin America on Oct. 15, 2007.

These increases are necessary to compensate for increases in
costs.

National Titanium Dioxide Company Ltd. ("Cristal") and Millennium
Inorganic Chemicals (MIC) combine to form the world's second-largest
producer of titanium dioxide and a leading producer of titanium
chemicals. Cristal and MIC operate nine manufacturing plants in six
countries and employ more than 3,700 people worldwide.

Millennium Inorganic Chemicals ("MIC") (www.millenniumchem.com) is
a wholly-owned subsidiary of Cristal. "TASNEE," a Saudi major
diversified company with chemicals and petrochemicals operations, owns
66 percent of Cristal, while 33 percent of Cristal is owned by Gulf
Investment Corporation ("GIC"), an investment house established in
Kuwait by the GCC countries.

Cristal Global
Amy N. Drusano
Manager - Communications
+1-410-229-8062

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