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RPM Acquires Dane Special Effects Colorants Business

MEDINA, Ohio, Dec. 4 /PRNewswire-FirstCall/ -- RPM International Inc. (NYSE: RPM) announced today that it has acquired the daylight fluorescent, phosphorescent and thermochromatic pigments business of The Dane Group. Located in Manchester, England, this business has annual revenues of approximately $20 million. Terms were not disclosed.

"Dane will operate as a stand-alone entrepreneurial business within our Day-Glo Group of companies and will continue to be led by Operations Manager Fintan McGrath and his capable management team," said Stephen J. Knoop, RPM's senior vice president - corporate development. "This acquisition furthers our position as a global supplier of bright, special effects colors, and we anticipate that Dane will be accretive to our earnings during its first year."

"We're excited about the new geographies that Dane brings to our organization," said Steve Jackson, Day-Glo president. "Dane is well established in Europe and Asia and has unique technologies that can be expanded across our business. Dane also brings needed manufacturing capacity, as well as added scale and other opportunities in purchasing, R&D and increased distribution."

Day-Glo's primary markets include plastics, graphic arts, paints and coatings, dyes and textiles. Headquartered in Cleveland, OH, Day-Glo has additional manufacturing facilities in Twinsburg, OH and Cudahy, CA and has a European presence through its Radiant Color N.V. operation in Houthalen, Belgium.

RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings and sealants serving both industrial and consumer markets. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Industrial brands include Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco and Dryvit. RPM's consumer products are used by professionals and do-it- yourselfers for home maintenance and improvement, automotive and boat repair and maintenance, and by hobbyists. Consumer brands include Zinsser, Rust- Oleum, DAP, Varathane, Bondo and Testors.

For more information, contact Glenn R. Hasman, vice president - finance and communications, at 330-273-8820 or ghasman@rpminc.com.

This press release contains "forward-looking statements" relating to the business of the company. These forward-looking statements, or other statements made by the company, are made based on management's expectations and beliefs concerning future events impacting the company and are subject to uncertainties and factors (including those specified below) which are difficult to predict and, in many instances, are beyond the control of the company. As a result, actual results of the company could differ materially from those expressed in or implied by any such forward-looking statements. These uncertainties and factors include (a) general economic conditions; (b) the price, supply and capacity of raw materials; packaging; and transportation services; (c) continued growth in demand for the company's products; (d) legal, environmental and litigation risks inherent in the company's construction and chemicals businesses and risks related to the adequacy of the company's insurance coverage for such matters; (e) the effect of changes in interest rates; (f) the effect of fluctuations in currency exchange rates upon the company's foreign operations; (g) the effect of non-currency risks of investing in and conducting operations in foreign countries, including those relating to domestic and international political, social, economic and regulatory factors; (h) risks and uncertainties associated with the company's ongoing acquisition and divestiture activities; (i) risks related to the adequacy of its contingent liability reserves, including for asbestos-related claims; and other risks detailed in the company's other reports and statements filed with the Securities and Exchange Commission, including the risk factors set forth in the company's prospectus and prospectus supplement included as part of the company's Registration Statement on Form S-4 (File No. 333- 114259), as the same may be amended from time to time. RPM does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.

SOURCE RPM International Inc.

CONTACT: Glenn R. Hasman, vice president - finance and communications of
RPM International Inc., 1-330-273-8820, or ghasman@rpminc.com
Web site: http://www.rpminc.com
(RPM)


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