RHODIA AND SNIA SELL STAKE IN NYLSTAR

Cesano Maderno, 07^th March,2007 - Rhodia and Snia have announced on 6th March, 2007 the signing of an agreement to sell their 50% stake in Nylstar to a third party agent acting on behalf of a consortium of Nylstar’s credit banks.

The sale of the stake will be effective once the necessary regulatory formalities have been completed.

This agrrement is part of the financial restructuring of nylstar through a debt/equity swap to give the Company a restructured balance sheet and a significantly reduced level of debt.

Nylstar will now be in a better position to ensure its development.

Contact:

Umberto Rognoni

Tel.      +39 0362 514879

Fax      +39 0362 514347

e-mail: nylstar@nylstar.com