W. R. Grace & Co.

Grace Named Honoree for Green Invention Award

W. R. Grace & Co. — Tue, 26 May 2009 14:12:00 GMT

COLUMBIA, Md. & CAMBRIDGE, Mass.--(BUSINESS WIRE)--May. 26, 2009-- Grace Construction Products, an operating segment of W. R. Grace & Co. (NYSE:GRA), has been named an Honoree for Green Invention by the Boston Business Journal. The award was presented to Grace for its partnership with Ceratech Inc. that has yielded advancements to help the worldwide construction industry reduce its energy usage and carbon dioxide emissions.

Ceratech, a Maryland-based firm, has developed green sustainable admixture technologies for formulating environmentally friendly, high performance, fast setting concrete using fly ash, a waste stream product from coal fired power plants. Grace strategically invested in Ceratech in 2008 and obtained the exclusive right to market these products and technologies for use in manufactured concrete.

Currently, most construction facilities use the Portland cement production process that is energy intensive. For every ton of Portland cement manufactured, approximately 1 ton of CO₂ is released to the atmosphere through emissions from fossil fuel plants. Worldwide the production of Portland cement alone accounts for 6-8% of human generated CO₂, making it critical to find alternate methods of manufacture.

“Ceratech and Grace have worked separately for years to create alternate methods for manufacturing concrete, and in 2008 we joined forces. Our R&D departments have sped up the development of technology that enables the production of environmentally friendly, high performance concrete through the addition of different concrete admixtures,” said Marc Zacharias, Director of Construction Services, Grace Construction Products – Americas. “Products used in this new manufacturing process are made up of 30% to 95% green sustainable industrial waste stream materials and are manufactured through a low energy, powder blending process.”

The Green Invention award honors a new product, policy or program created by an individual or organization that exhibits measurable, significant environmental benefits. Only three companies were named as honorees in this category. Grace Construction Products was formally acknowledged at the Boston Business Journal’s Green Business Summit.

Grace Construction Products was also recently honored for its Cambridge location by the American Chemistry Council with the Responsible Care^®Energy Efficiency Award and by the American Heart Association with the Fit Friendly Award. For more information on these awards, log on to http://www.grace.com/Media/MediaKit/Awards.aspx.

Grace Construction Products is a world-leading provider of technically superior concrete admixtures, fibers, surface treatments and liquid pigments that make concrete stronger, longer lasting, crack resistant, aesthetically pleasing and cost efficient. The company also manufactures additives for cement processing, fire protection, fire stops, waterproofing and masonry products, and has more than 125 plants and sales offices around the world. For more information about Grace Construction Products, visit www.graceconstruction.com.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3 billion, Grace has about 6,200 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

Source: W. R. Grace & Co.

W. R. Grace & Co.
Media Relations:
Albina Velikin, +1 617-498-4434
albina.velikin@grace.com
or
Investor Relations:
Susette Smith, +1 410-531-4590
susette.smith@grace.com

W. R. Grace & Co. Renews Donation to Libby, Montana Hospital

W. R. Grace & Co. — Tue, 19 May 2009 20:34:37 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--May 19, 2009-- W. R. Grace & Co. (NYSE: GRA) announced today that it has renewed its donation of $250,000 to St. John's Lutheran Hospital in Libby, Montana for the tenth consecutive year.

Since 2000, Grace has helped St. John’s provide high quality healthcare to residents of the town and nearby communities in South Lincoln County. The donations (totaling more than $2 million) have been used to establish a clinic for people with asbestos-related illnesses, train medical staff, purchase equipment (such as a Magnetic Resonance Imaging or MRI unit and new devices for a state-of-the-art laboratory), treat patients and subsidize medical procedures.

St. John’s Lutheran Hospital is a charitable 25-bed medical facility serving the healthcare needs of South Lincoln County for over 50 years. “As the sole hospital in the area, we have had to continually increase our services to meet the needs of the community,” said Bill Patten, St. John’s CEO. He added, “We are thankful to Grace for its financial support over the past ten years.”

In addition to the hospital donations, Grace funds a medical expense program for current and former residents of Libby who have asbestos-related conditions. To date, Grace has spent more than $17 million on the Libby Medical Program, which has over 1,000 current enrollees. More information on this program can be found at www.libbymedicalprogram.com.

Source: W. R. Grace & Co.

W. R. Grace & Co.
Media Relations:
William Corcoran, +1 410.531.4203
william.corcoran@grace.com
or
Investor Relations:
Susette Smith, +1 410.531.4590
susette.smith@grace.com

Grace Wins Responsible Care Energy Efficiency Awards

W. R. Grace & Co. — Wed, 13 May 2009 12:07:44 GMT

COLUMBIA, Md--(BUSINESS WIRE)--May 13, 2009-- W. R. Grace & Co (NYSE:GRA) has received the Responsible Care^® Energy Efficiency Award from the American Chemistry Council for its operations in Cambridge, Massachusetts; Lake Charles, Louisiana; and Baltimore (Curtis Bay), Maryland. The award is presented annually to recognize companies that have successfully improved energy efficiency in manufacturing and non-manufacturing locations.

Grace won the award in the “Non-Manufacturing Improvement – Plant Site” category for its location in Cambridge, Massachusetts that serves as the global headquarters for its Grace Construction Products operating segment.

From January to December 2008, that site was able to reduce overall electrical consumption by 16%, natural gas usage by 21% and water usage by 24%, which equates to energy savings of 17,685 million Btu or CO₂ emission reduction of 1,126 tons. The reductions were accomplished through employee awareness and communications campaigns; installation, modification and reprogramming of equipment controls that reduced run times; and installation of 103 lighting occupancy sensors in labs, offices and common areas. The site made these changes and enhancements with input from local utilities companies.

In the “Energy Efficiency Program – Plant Site” category, Grace won the award for its operations in Baltimore, Maryland and Lake Charles, Louisiana. These locations serve as manufacturing facilities and employ around 800 people.

Various teams at these two sites spent up to a year on four projects that involved the development, installation and optimization of proprietary technology that reduced water and natural gas usage, and better optimized equipment that ultimately reduced energy usage. The efforts of these four projects resulted in annualized energy savings of 176,400 million Btu, or CO₂ emission reductions of 10,231 tons.

“I am extremely pleased that Grace was selected for these awards,” remarked Fred Festa, Grace’s Chairman, President and Chief Executive Officer. “All of our locations continuously look for ways to reduce energy consumption and lessen our carbon footprint. The changes are a win-win solution for the environment and our bottom-line. We are exploring additional opportunities to use the new technology and processes at other Grace locations.”

In addition to Grace, 16 other companies were selected as recipients of the award. The Judging Committee was comprised of selected members of the American Chemistry Council’s Energy Team and Dr. James Eggebrecht, Professor of Engineering and Director of Energy Systems Laboratory at Texas A&M University.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3 billion, Grace has about 6,200 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

Source: W. R. Grace & Co.

W. R. Grace & Co.
Media Relations:
Andrea Greenan
+1 410-531-4391
andrea.greenan@grace.com
or
Investor Relations:
Susette Smith
+ 1 410-531-4590
susette.smith@grace.com

Statement of Fred Festa, Chairman, President and CEO of W. R. Grace & Co. Regarding Today's Verdict in U.S. vs. W. R. Grace

W. R. Grace & Co. — Fri, 08 May 2009 19:47:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--May. 8, 2009-- The following is a statement by Fred Festa, Chairman, President and CEO of W. R. Grace & Co. (NYSE:GRA):

“We at Grace are gratified by today’s verdict and thank the men and women of the jury who were open to hearing the facts. We always believed that Grace and its former executives had acted properly and that a jury would come to the same conclusion when confronted with the evidence.

“During the time that Grace owned and operated the mine in Libby, Montana, the Company worked hard to keep the operations in compliance with the laws and standards of the day. Grace is committed to continually improving its Environment, Health and Safety performance. We comply with all applicable laws, rules and regulations wherever we operate in the world. We are fortunate to have a group of dedicated employees who take their responsibilities seriously and care about the safety of our customers, their co-workers, their families and the communities in which they live.”

Source: W. R. Grace & Co.

W. R. Grace & Co.
Media Relations
Greg Euston
+ 1 404-775-0285

Grace Reports First Quarter Results and Restructuring

W. R. Grace & Co. — Thu, 23 Apr 2009 21:41:00 GMT

Please visit http://www.grace.com/Media/Documents/2930.pdf

Grace Files Form 10-K With Securities and Exchange Commission

W. R. Grace & Co. — Mon, 02 Mar 2009 22:40:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Mar. 2, 2009-- W. R. Grace & Co. (NYSE: GRA) has filed its Annual Report on Form 10-K with the Securities and Exchange Commission (SEC).

The Form 10-K includes audited financial statements for the year ended December 31, 2008. Shareholders and other interested audiences can access the filing in the Investor Information section of Grace’s web site at www.grace.com.

A printed copy of the filing is also available on request from the company at no charge. Requests can be made by calling +1 410.531.4167 or sending an e-mail to investor.relations@grace.com. Requests can also be sent to: W. R. Grace & Co., Director, Investor Relations, 7500 Grace Drive, Columbia, Maryland 21044.

Also available online are copies of additional filings made with the SEC, including quarterly reports on Form 10-Q and current reports on Forms 8-K.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.3 billion, Grace has about 6,300 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

Source: W. R. Grace & Co.

W. R. Grace & Co.
Media Relations:
Andrea Greenan
T +1 410.531.4391
E andrea.greenan@grace.com
or
Investor Relations:
Susette Smith
T + 1 410.531.4590
E susette.smith@grace.com

Grace Reports Fourth Quarter and Full Year Financial Results

W. R. Grace & Co. — Mon, 02 Feb 2009 22:31:00 GMT

Please visit http://www.grace.com/Media/Documents/2929.pdf

Grace Facility Awarded Safety Certification from Maryland Occupational Safety and Health

W. R. Grace & Co. — Thu, 04 Dec 2008 14:01:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Dec. 4, 2008--The Curtis Bay, Maryland Grace Davison Technical Center of W. R. Grace & Co. (NYSE:GRA) has earned membership in the prestigious Voluntary Protection Program (VPP) of the Maryland Occupational Safety and Health (MOSH) at the "Star", or highest level.

The Voluntary Protection Program is the Federal Occupational Safety and Health Administration's (OSHA) official recognition of exemplary occupational safety and health. Companies in the VPP achieve average injury rates 50 percent lower than other companies in their respective industries. Less than 1% of the eight million work sites in the United States share this distinction.

The Commissioner of Labor and Industry for the State of Maryland notified the company of its selection on November 26, 2008. Grace is the eleventh employer in the state to receive the certification.

The Curtis Bay Technical Center is staffed by 52 people and includes 13 labs, 40 offices, a pilot plant development area and warehouse. At this location, employees help to bridge the gap between research and manufacturing. They develop the processes and designs that enable new and next-generation products to move out of the lab and be produced in large-scale at the company's manufacturing plants. They also interact directly with customers to answer questions and lend technical expertise. The center is the third Grace location to earn the VPP distinction, joining manufacturing plants in Edison, New Jersey in 2007 and Lake Charles, Louisiana in 2005 that secured VPP status.

"The process to earn VPP certification began nearly two years ago and involved all employees at the Technical Center and colleagues at several other locations," said Dan O'Connell, Director of Development for Grace Davison. "I want to thank everyone that supported the site. We are proud to join an elite list of companies in Maryland that have earned this distinction and look forward to helping additional sites that decide to pursue the certification."

Grace has been a member of the Maryland business community since 1832 through the Grace Davison operating segment. In addition to the Technical Center, Grace operates a research facility, warehouse, analytical services center, manufacturing plant and corporate headquarters in Maryland. Collectively, about 1,100 employees work in the state. Earlier this year, the company was recognized with awards from the United Way, American Heart Association and Department of Defense for community stewardship, workplace fitness, worksite innovation and exceptional support to employees who are National Guard and Reserve members. Grace has also been named one of the largest employers in Central Maryland by the Baltimore Business Journal (based on headcount) and the Washington, DC area by the Washington Post (based on revenues.)

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.1 billion, Grace has about 6,400 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

CONTACT: W. R. Grace & Co.
Media Relations
William Corcoran
+1 410-531-4203
william.corcoran@grace.com
or
Investor Relations
Susette Smith
+1 410-531-4590
susette.smith@grace.com
Source: W. R. Grace & Co.

Grace Reports Third Quarter Financial Results

W. R. Grace & Co. — Thu, 23 Oct 2008 21:26:00 GMT

Please visit http://www.grace.com/Media/Documents/2927.pdf

Grace and Co-Proponents File Joint Plan of Reorganization and Disclosure Statement

W. R. Grace & Co. — Sat, 20 Sep 2008 04:12:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--Sept. 19, 2008--W. R. Grace & Co. (NYSE:GRA) today announced that it has filed a Plan of Reorganization and an accompanying Disclosure Statement with the U.S. Bankruptcy Court in Delaware. The Official Committee of Asbestos Personal Injury Claimants, the Representative for Future Asbestos Personal Injury Claimants, and the Official Committee of Equity Security Holders are co-proponents of the Plan. The documents are consistent with the terms of the previously announced asbestos personal injury settlement.

"Today's filing brings Grace an important step closer to resolving its asbestos-related liabilities and exiting Chapter 11," said Fred Festa, Grace's Chairman, President and Chief Executive Officer. "It's an equitable plan that enjoys wide-spread support. People who have been injured by asbestos exposure will be fairly compensated while employees and shareholders retain control of a financially strong company that is poised to succeed in today's challenging global marketplace."

A hearing on the Disclosure Statement is scheduled to begin on October 27, 2008.

The Plan of Reorganization and the Disclosure Statement, with certain exhibits, will be available on the Company's website at www.grace.com. Subsequent Plan related documents will be made available at this site as they are filed. Grace and most of its domestic subsidiaries filed petitions for reorganization under Chapter 11 of the United States Bankruptcy code on April 2, 2001. This action was taken to determine Grace's asbestos-related liabilities and protect the long-term value of its businesses. On April 7, 2007, Grace announced that it reached an agreement in principle to resolve all present and future asbestos-related personal injury claims, the terms of which are reflected in the Plan. The Plan supersedes plans of reorganization previously filed by Grace, and jointly by the asbestos personal injury committee and future claimants' representative, respectively.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

CONTACT: W. R. Grace & Co.
Media Relations
William Corcoran, + 1 410-531-4203
william.corcoran@grace.com
or
Investor Relations
Susette Smith, + 1 410-531-4590
susette.smith@grace.com
SOURCE: W. R. Grace & Co.

Grace Construction Products Announces Pricing Actions to Offset Construction Chemicals Inflation Costs

W. R. Grace & Co. — Fri, 01 Aug 2008 13:36:00 GMT

COLUMBIA, Md., Aug 01, 2008 (BUSINESS WIRE) -- Grace Construction Products, an operating segment of W. R. Grace & Co. (NYSE:GRA), has announced that, effective August 15, 2008, it is implementing product price increases of up to 10% across its concrete and masonry admixture product lines. In addition, certain specialty products will have price increases exceeding 10%. Further, effective September 15, the price of Grace liquid pigments will be increased by 10 cents a pound.

The company believes that further price increase actions may be necessary, depending on ongoing raw material and market place conditions. Raw materials supporting the Grace Construction Products portfolio include olefins, organic chemicals, gypsum and specialty materials.

This move is in response to unprecedented raw material and energy inflationary pressures. Since the end of 2007, the Industrial Chemicals Producer Price Index has increased at an annual rate of over 25%, by far the steepest in over ten years.

"We will offset a portion of this inflation through our ongoing productivity programs, but the exceptional nature of these cost increases has outpaced these programs and requires us to take this action," said Andrew Bonham, President of Grace Construction Products. "We remain committed to maintaining a high level of product quality, personalized service and continued innovation focused on creating value for the concrete industry."

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

This announcement contains forward-looking statements, that is, information related to future, not past, events. Such information generally includes the words "believes," "plans," "intends," "targets," "will," "expects," "anticipates," "continues" or similar expressions. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Grace is subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements or that could cause other forward-looking information to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include: Grace's bankruptcy and proposed plan of reorganization, Grace's recent settlement with certain creditors, Grace's legal proceedings (especially the Montana criminal proceeding and environmental proceedings), the cost and availability of raw materials and energy, Grace's unfunded pension liabilities, costs of environmental compliance, risks related to foreign operations, especially, security, regulation and currency risks and those factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Grace undertakes no obligation to publicly release any revisions to the forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

SOURCE: W. R. Grace & Co.

Media Relations
William Corcoran
T: + 1 410.531.4203
E: william.corcoran@grace.com
or
Investor Relations
Susette Smith
T: + 1 410.531.4590
E: susette.smith@grace.com

Grace Davison Announces Pricing Actions to Offset Inflation Costs

W. R. Grace & Co. — Wed, 23 Jul 2008 21:23:00 GMT

COLUMBIA, Md – July 23, 2008 – Grace Davison, an operating segment of W. R. Grace & Co. [NYSE: GRA], has announced that, effective August 1, 2008, it is implementing price increases and/or surcharges of up to 20% across product lines, as existing contracts allow. This move is in response to unprecedented raw material and energy inflationary pressures and is in addition to specific product price increases implemented by Grace Davison product groups earlier in 2008. Energy and key raw material costs supporting the Grace Davison product portfolio include metals, inorganic chemicals and hydrocarbon materials.

"We continue to drive improvements in productivity and processing efficiencies, which have only partially offset this extraordinary and volatile inflation,” said Greg Poling, President of Grace Davison. “Previous measures are insufficient against the current trend of rapidly escalating costs. We will continue to work closely with our customers to provide our high level of product quality and technical support, and to assist them with managing their own inflationary pressures.”

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

Grace Reports Second Quarter Financial Results

W. R. Grace & Co. — Wed, 23 Jul 2008 21:21:00 GMT

Please visit http://www.grace.com/Media/Documents/2923.pdf

Grace Reports First Quarter Financial Results

W. R. Grace & Co. — Wed, 23 Apr 2008 21:25:00 GMT

Please visit http://www.grace.com/Media/Documents/2922.pdf

Grace to Retain Medical Program for Libby, Montana, Make Additional Donation to Local Hospital

W. R. Grace & Co. — Tue, 08 Apr 2008 21:02:00 GMT

COLUMBIA, Md., Apr 08, 2008 (BUSINESS WIRE) -- W. R. Grace & Co. (NYSE:GRA) today announced that it plans to retain the Medical Program it established in 2000 to assist local residents with medical needs resulting from their exposure to asbestos from the former Grace mine located near the town of Libby, Montana.

"In talking to people in Montana last night, there seemed to be confusion about our medical program," said William M. Corcoran, Vice President. "When we saw some of the comments in the press today, we were surprised. We have made it clear for many years that we intend to sustain the health care program when we emerge from Chapter 11 just as we did when we went into bankruptcy."

The Libby Medical Program has been in effect since 2000. More than 800 people are currently enrolled in it and receive health care and prescription drug coverage. Since 2000, Grace has spent more than $14 million on the program.

In addition, Grace is making an additional annual contribution of $250,000 to St. John's Lutheran Hospital in Libby, Montana. Since 2000, Grace has donated more than $2 million to St. John's to support its work on this important issue.

"St. John's is an outstanding health care institution with top notch health care staff," said Corcoran. "We are pleased that our donations have been used to help purchase state-of-the-art health care equipment and technology for the people of Libby, Montana."

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

SOURCE: W. R. Grace & Co.

W. R. Grace & Co.
Media Relations:
William Corcoran, +1 410-531-4203
william.corcoran@grace.com

Grace Announces Conference Call to Discuss Settlement of Asbestos Personal Injury Claims

W. R. Grace & Co. — Mon, 07 Apr 2008 14:26:00 GMT

COLUMBIA, Md., Apr 07, 2008 (BUSINESS WIRE) -- W. R. Grace & Co. (NYSE: GRA) will host a conference call on Monday, April 7, 2008, to address analyst and investor questions about Grace's settlement of asbestos personal injury claims. The call will begin at 1:00pm (EST).

The call is being webcast by Thomson/CCBN and can be accessed at Grace's web site at www.grace.com in the Investor Information section. To listen to this conference, please call the following:

Dial In # 866.362.5158
International Dial In # 617.597.5397
Passcode 13326764

A replay of this call will be available beginning at 3:00pm EST April 7, 2008 and will play until April 14, 2008 at the following number:

Dial In # 888.286.8010
International Dial In # 617.801.6888
Passcode 78127414

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.earnings.com, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (www.streetevents.com).

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

We expect the conference call will include forward-looking statements. Forward-looking statements are statements that contain information related to future, not past, events. Such information generally includes the words "believes," "plans," "intends," "targets," "will," "expects," "anticipates," "continues" or similar expressions. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Grace is subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements or that could cause other forward-looking information to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include: Grace's bankruptcy, plans of reorganization proposed by Grace and others, Grace's legal proceedings (especially the Montana criminal proceeding and environmental proceedings), the cost and availability of raw materials and energy, Grace's unfunded pension liabilities, costs of environmental compliance, risks related to foreign operations, especially, security, regulation and currency risks and those factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Grace undertakes no obligation to publicly release any revisions to the forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

SOURCE: W. R. Grace & Co.

Media Relations:
William Corcoran, +1-410-531-4203
william.corcoran@grace.com
or
Investor Relations:
Bridget Sarikas, +1-410-531-4194
bridget.sarikas@grace.com

Grace Announces Settlement of Asbestos Personal Injury Claims

W. R. Grace & Co. — Mon, 07 Apr 2008 14:18:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--April 7, 2008--W. R. Grace & Co. (NYSE: GRA) today announced an agreement in principle that would settle all present and future asbestos-related personal injury claims. The agreement, reached with the Official Committee of Asbestos Personal Injury Claimants, the Future Claimants Representative and the Official Committee of Equity Security Holders, requires the following assets to be paid into a trust to be established under Section 524(g) of the United States Bankruptcy Code:

    --  Cash in the amount of $250 million;

    --  Warrants to acquire 10 million shares of Grace common stock at
        an exercise price of $17.00 per share, expiring one year from
        the effective date of a plan of reorganization;

    --  Rights to proceeds under Grace's asbestos-related insurance
        coverage;

    --  The value of cash and stock under the litigation settlement
        agreements with Sealed Air Corporation and Fresenius Medical
        Care Holdings, Inc.; and

    --  Deferred payments at $110 million per year for five years
        beginning in 2019, and $100 million per year for ten years
        beginning in 2024; the deferred payments would be obligations
        of Grace backed by 50.1% of Grace's common stock to meet the
        requirements of Section 524(g).

The agreement in principle contemplates the filing of a plan of reorganization and related documents with the Bankruptcy Court. The plan will be subject to approval of its co-proponents, exit financing, and Bankruptcy Court and District Court approvals.

"This agreement in principle is a very important step in emerging from Chapter 11," said Fred Festa, Grace's Chairman, President and Chief Executive Officer. "In this challenging global marketplace, we need to be able to focus all of our efforts on increasing shareowner value and continued improvement in our core businesses. The agreement and the Plan of Reorganization that will be based on it will be good for our shareholders, customers, creditors, and our employees. A lot of work remains to be done before we can confirm a Plan of Reorganization, but I am optimistic we will be successful in reaching that goal by the end of this year or early in 2009."

"Also, I want to point out that the Plan of Reorganization will preserve all employee benefits. During the seven years we have been in Chapter 11, our people have nearly doubled Grace's sales and dramatically improved the core businesses. We look forward to final approval of our Plan of Reorganization when we can once again operate without the constraints of Chapter 11," said Festa.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

This announcement contains forward-looking statements, that is, information related to future, not past, events. Such information generally includes the words "believes," "plans," "intends," "targets," "will," "expects," "anticipates," "continues" or similar expressions. For these statements, Grace claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Grace is subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements or that could cause other forward-looking information to prove incorrect. Factors that could cause actual results to materially differ from those contained in the forward-looking statements include: Grace's bankruptcy, plans of reorganization proposed by Grace and others, Grace's legal proceedings (especially the Montana criminal proceeding and environmental proceedings), the cost and availability of raw materials and energy, Grace's unfunded pension liabilities, costs of environmental compliance, risks related to foreign operations, especially, security, regulation and currency risks and those factors set forth in Grace's most recent Annual Report on Form 10-K, quarterly report on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission and are readily available on the Internet at www.sec.gov. Reported results should not be considered as an indication of future performance. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Grace undertakes no obligation to publicly release any revisions to the forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.


    CONTACT: Media Relations:
             William Corcoran, +1 410-531-4203
             william.corcoran@grace.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Pursues Investment in Green Concrete Materials Company

W. R. Grace & Co. — Tue, 18 Mar 2008 21:31:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--March 18, 2008--W. R. Grace & Co. (NYSE:GRA) today announced the completion of a strategic investment in CERATECH, Inc., a Maryland-based firm that has developed green, sustainable concrete admixture technologies for formulating high strength, fast setting concrete primarily using fly ash, a waste stream product from coal fired power plants. CERATECH technology uniquely enables the production of environmentally friendly, high performance concrete. Under terms of the investment, Grace also has exclusive rights to market CERATECH products and technology in the manufactured concrete market.

Grace currently manufactures a wide range of products for commercial and residential construction markets, including concrete admixtures, cement additives, roofing underlayments, fire protection products, air barrier systems, and below grade structural waterproofing systems. Collectively, these products help make homes and buildings stronger, safer and more comfortable. CERATECH's green, sustainable concrete admixture technology was first commercialized in 2001 in an effort to utilize waste stream fly ash to make high performance concrete repair materials.

"Our investment in this new technology is the latest step in expanding our portfolio of green materials for the construction industry," said Andrew Bonham, President, Grace Construction Products. "We expect CERATECH technology combined with Grace's extensive technical expertise and strong customer relationships in the cement and concrete industry will accelerate growth for both companies."

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

CERATECH, Inc. is a worldwide manufacturer and supplier of engineered, high performance cements for construction, transportation and manufactured concrete industries. CERATECH was founded in 2001 and has corporate offices in Baltimore, Maryland.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Andrea Greenan
             +1 410.531.4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas
             +1 410.531.4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Files Form 10-K With Securities and Exchange Commission

W. R. Grace & Co. — Wed, 05 Mar 2008 22:31:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--March 5, 2008--W. R. Grace & Co. (NYSE: GRA) has filed its Annual Report on Form 10-K with the Securities and Exchange Commission (SEC).

The Form 10-K includes audited financial statements for the year ended December 31, 2007. Shareholders and other interested audiences can access the filing in the Investor Information section of Grace's web site at www.grace.com.

Also available online are copies of additional filings made with the SEC, including quarterly reports on Form 10-Q and current reports on Forms 8-K.

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in more than 40 countries. For more information, visit Grace's web site at www.grace.com.


    CONTACT: W. R. Grace & Co.
             Media Relations:
             Andrea Greenan, +1 410.531.4391
             andrea.greenan@grace.com
             or
             Investor Relations:
             Bridget Sarikas, +1 410.531.4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.

Grace Announces CFO Succession Plan; Hudson La Force to Succeed Robert M. Tarola

W. R. Grace & Co. — Tue, 04 Mar 2008 22:31:00 GMT

COLUMBIA, Md.--(BUSINESS WIRE)--March 4, 2008--W. R. Grace & Co. (NYSE:GRA) today announced that Robert M. Tarola will be stepping down as Grace's Chief Financial Officer after serving nearly nine years in that role. He will continue to serve as a Senior Vice President focusing on corporate strategy and Grace's reorganization process until his planned retirement later this year. "Bob has led Grace's financial services organization through some of the company's most challenging years," said Fred Festa, Grace's Chairman, President and Chief Executive Officer. "Since joining Grace in 1999, Bob has been instrumental in establishing market credibility for Grace as he led our company through the financial maze of Chapter 11, the implementation of Sarbanes-Oxley Act compliance and, most notably, the financial support for strategic growth initiatives that allowed us to more than double our sales during his tenure as CFO."

Succeeding Mr. Tarola on April 1 will be Hudson La Force as Grace's new Senior Vice President and Chief Financial Officer. The Grace Board of Directors has elected him an Executive Officer of the Corporation. La Force, 43 years old, joins Grace from the U.S. Department of Education where he has been Chief Operating Officer with responsibilities for finance, human capital, information technology, risk management, and other management functions. Prior to entering public service in 2005, he was with Dell Inc. for eight years where he held financial and business leadership positions at its headquarters in Austin, Texas and in China. Before joining Dell, he served in a variety of increasingly responsible financial positions at Allied Signal, Inc. (now Honeywell), Emerson Electric Co. and Arthur Andersen. Mr. La Force is a graduate of Baylor University and received an MBA at the Kellogg School of Management at Northwestern University.

"We are delighted that Hudson is joining Grace," said Fred Festa. "His wealth of operational and international experience matches up perfectly with our growth and productivity strategies. We are looking forward to him immediately contributing to our success."

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $3.1 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.


    CONTACT: W. R. Grace & Co.
             Media Relations (US)
             Andrea Greenan, + 1 410-531-4391
             andrea.greenan@grace.com
             or
             Investor Relations
             Bridget Sarikas, + 1 410-531-4194
             bridget.sarikas@grace.com

    SOURCE: W. R. Grace & Co.