Celanese Receives $75 Million in Transaction Related to Vinnolit Dives

    Business Editors

    DALLAS--(BUSINESS WIRE)--March 30, 2005--Celanese Holding GmbH, an indirect, wholly-owned subsidiary of Celanese Corporation (NYSE:CE), has received in the first quarter approximately $75 million (EUR 56 million) from Vinnolit Cayman Ltd. and Vinnolit Luxembourg S.a r.l. for the sale of receivables related to loans that Celanese had granted as part of its divestiture of Vinnolit GmbH in 2000 to private equity funds advised by Advent International. Celanese also sold its remaining 4.54% interest in Vinnolit Holdings GmbH in this transaction. Celanese does not anticipate that this transaction will impact net earnings.
    Celanese Corporation (NYSE:CE) is an integrated global producer of value-added industrial chemicals based in Dallas. The Company is the #1 or #2 producer of products comprising the majority of its sales and has four major businesses: Chemicals Products, Technical Polymers Ticona, Acetate Products and Performance Products. Celanese has 29 production plants, with major operations in North America, Europe and Asia. In 2004, Celanese Corporation and its predecessor had combined net sales of $5.1 billion. The presentation of combined net sales of Celanese Corporation with its predecessor is not in accordance with U.S. GAAP. For more information on Celanese Corporation including a reconciliation of the combined net sales, please visit the company's Web site at www.celanese.com.

    Forward-Looking Statements

    This release may contain "forward-looking statements," which include information concerning the company's future performance. All forward-looking statements are based upon current expectations and beliefs and various assumptions. There can be no assurance that the company will realize these expectations or that these beliefs will prove correct.
    There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release. Numerous factors, many of which are beyond the company's control, could cause actual results to differ materially from those expressed as forward-looking statements. Certain of these risk factors are discussed in the company's Registration Statement on Form S-1 at the SEC's website at www.sec.gov. Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.

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CONTACT: Celanese, Dallas Jeanne Cullers, 972-443-4824 Fax: 972-443-8519 JECullers@celanese.com or Investors Andrea Stine, 908-901-4504 Fax: 908-901-4805 A.Stine@celanese.com

KEYWORD: TEXAS INDUSTRY KEYWORD: CHEMICALS/PLASTICS BANKING SOURCE: Celanese Corporation

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