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DuPont announces organizational alignment to drive growth - Dean C. Oestreich to succeed Richard L. McConnell at Pioneer
Wilmington, Delaware
January 12, 2004

DuPont (NYSE: DD) today announced that it is aligning its organizational structure to implement the customer- and market-focused growth and productivity actions announced on Dec. 1, 2003.

"This alignment will greatly enhance our ability to deliver over $1 billion in revenue growth every year," said DuPont Chairman and CEO Charles O. Holliday, Jr. "By streamlining our internal structure and leveraging functional capabilities, we will enable our businesses to focus totally on meeting the needs of customers wherever they are in the world. We will fully capitalize on the global scope and scale of DuPont to win in the marketplace and achieve our mission of sustainable growth."

As part of the organizational alignment, which involves all businesses, regions and functions, the following senior leaders will have new or expanded assignments:

John C. Hodgson, executive vice president, is named to the newly created position of Chief Marketing & Sales Officer. Hodgson is leading the company's marketing and sales effectiveness processes and capability building programs across businesses worldwide.

Craig G. Naylor, group vice president -- DuPont Performance Materials, is appointed to the newly created position of group vice president -- Asia Pacific. He is accountable for DuPont growth in Asia with special emphasis on China and India. While Naylor will be based in Wilmington, he will spend significant periods of time in the Asia Pacific region.

Jeffrey L. Keefer, vice president and general manager -- DuPont Titanium Technologies, is appointed group vice president -- DuPont Performance Materials, succeeding Naylor.

James C. Borel, vice president and general manager -- DuPont Crop Protection, is appointed senior vice president -- DuPont Global Human Resources. Borel will lead the company's global human resources strategy in support of overall growth objectives.

To strengthen its presence in high-growth emerging economies, the company has created the following positions:

Thomas G. Powell, global business director -- DuPont Packaging & Industrial Polymers is appointed president -- DuPont Greater China. He will be based in Shanghai.

Henrique H. Ubrig, president -- DuPont South America, is appointed president -- DuPont India/Pakistan. He will be located in New Delhi.

Eduardo W. Wanick, president -- DuPont Mexico, is appointed president of the newly established DuPont Latin America Region, which includes South America, Central America and Mexico. He is based in Mexico City.

"Our five growth platforms will remain the organizing structure for all DuPont businesses," Holliday said. "Our business leaders are accountable for the strategic direction, growth and profitability of their businesses, tapping into DuPont resources from manufacturing, science and technology, marketing and sales, staff functions and support services to meet customer and market needs."

The company announced the following leadership changes in its strategic business units:

David G. Bills, vice president and general manager -- DuPont Displays, will add responsibility for DuPont Fluoroproducts, effective Feb. 15. He will succeed Richard J. Angiullo, who is retiring at the end of February.

James C. Collins, global sales director -- DuPont Crop Protection, is appointed vice president and general manager -- DuPont Crop Protection, succeeding Borel.

Dean C. Oestreich, vice president and business director -- Pioneer Hi-Bred International, Inc., is appointed president of Pioneer Hi-Bred International, Inc. and vice president and general manager -- DuPont. Oestreich succeeds Richard L. McConnell, who has elected to retire.

Sam W. Severance, global manufacturing director -- DuPont Titanium Technologies, is appointed vice president and general manager -- DuPont Titanium Technologies, succeeding Keefer.

In addition, the company announced that Robert E. Giblin is appointed vice president -- Business Finance; and Ann K. M. Gualtieri, vice president -- DuPont Investor Relations, adds responsibility for Corporate Plans.

DuPont is a science company. Founded in 1802, DuPont puts science to work by solving problems and creating solutions that make people's lives better, safer and easier. Operating in more than 70 countries, the company offers a wide range of products and services to markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.

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