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LUBRIZOL COMPLETES SALE OF ACTIVE PHARMACEUTICAL INGREDIENT AND INTERMEDIATE COMPOUNDS BUSINESS

May 23, 2006

The Lubrizol Corporation announced today that it has completed the sale of its active pharmaceutical ingredient and intermediate compounds business, with facilities in Raubling, Germany and Chennai, India (the Business) to Auctus Management GmbH, a German private equity firm located in Munich, Germany, and former managers of the active pharmaceutical ingredient business (the Purchasers). PR Newswire (http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/05-23-2006/0004367186&EDATE=)