At Cabot, we believe we are successful only when our technical capabilities are interwoven with an intense commitment to sustainable business practices that ensure the well-being of our employees, customers and the communities in which we operate. As a demonstration of our recent efforts, we are pleased to tell you that Cabot has joined the American Chemistry Council's "Responsible Care" initiative. Through adherence to their Guiding Principles, our manufacturing and business facilities around the world are committed to being responsible members of our communities. We look forward to building our relationship with the ACC and the other member companies.

Cabot takes enormous pride in our excellent safety record as well as our ever-improving record with regard to environmental protection. Each of our more than 4,000 employees around the world are committed to this effort and look forward to ensuring compliance in everything we do.

We welcome your feedback on our progress.

Martin O'Neill
Senior Vice President - Safety, Health and Environment