Solutia Announces Offering of Senior Notes

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Mon Oct 5, 2009 11:16am EDT

ST. LOUIS, Oct. 5 /PRNewswire-FirstCall/ -- Solutia Inc. (NYSE: SOA) today
announced that it will commence a public offering of $300 million aggregate
principal amount of senior notes due 2017 to be guaranteed by certain of its
domestic subsidiaries.  Solutia intends to use the net proceeds from the
offering to prepay $200 million aggregate principal amount of its senior
secured term loans and for general corporate purposes.


(Logo: http://www.newscom.com/cgi-bin/prnh/20081029/AQW096LOGO)


The exact terms and timing of the offering will depend upon market conditions
and other factors.


Deutsche Bank Securities Inc., Jefferies & Company, Inc., Citigroup Global
Markets Inc. and J.P. Morgan Securities Inc. are acting as joint book-running
managers of the offering.


Solutia is making the offer under a shelf registration statement filed with
the Securities and Exchange Commission. This offering will be made solely by
means of a prospectus and prospectus supplement, a copy of which may be
obtained on the Securities and Exchange Commission's website at www.sec.gov . 
Alternatively, copies of the prospectus and the prospectus supplement can be
obtained by contacting Deutsche Bank Securities Inc., 100 Plaza One, Second
Floor, Jersey City, NJ 07311, telephone: 1-800-503-4611; Jefferies & Company,
Inc., 520 Madison Avenue, New York, NY 10022, telephone: 1-888-449-2342;
Citigroup Global Markets Inc., 388 Greenwich Street, New York, NY 10013,
telephone: 1-877-858-5407; or J.P. Morgan Securities Inc., 270 Park Avenue New
York, NY 10017, telephone: 1-212-834-4533.


This announcement is neither an offer to sell nor a solicitation of an offer
to buy any securities and shall not constitute an offer, solicitation or sale
in any jurisdiction in which such offer, solicitation or sale would be
unlawful.


Forward Looking Statements
This press release contains forward-looking statements, which can be
identified by the use of words such as "believes," "expects," "may," "will,"
"intends," "plans," "estimates," "estimated," or "anticipates," or other
comparable terminology, or by discussions of strategy, plans or intentions. 
These statements are subject to risks and uncertainties, including without
limitation, general market conditions, the market for the company's
securities, the performance of the company's business and other risks detailed
from time to time in the company's filing with the Securities and Exchange
Commission.   


Corporate Profile 
Solutia is a market-leading performance materials and specialty chemicals
company.  The company focuses on providing solutions for a better life through
a range of products, including: Saflex® interlayer for laminated glass;
CPFilms® aftermarket window films sold under the LLumar® brand and others; and
technical specialties including the Flexsys® family of chemicals for the
rubber industry, Skydrol® aviation hydraulic fluid and Therminol® heat
transfer fluid.  Solutia's businesses are world leaders in each of their
market segments.  With its headquarters in St. Louis, Missouri, USA, the
company operates globally with approximately 3,100 employees in more than 60
locations.  More information is available at www.Solutia.com .






SOURCE  Solutia Inc.

Media, Kyle Johnson, +1-314-674-8552, or Investors, Susannah Livingston,
+1-314-674-8914, both of Solutia
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