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RPM's Senior Convertible Notes Due 2033 to Accrue Contingent Cash Interest

MEDINA, Ohio, May 13 /PRNewswire-FirstCall/ -- RPM International Inc. (NYSE: RPM) announced today that for the period of May 14, 2008 to November 13, 2008, its Convertible Notes due 2033 (Securities) will, subject to the terms of the Securities, accrue contingent cash interest at a rate of no less than 1.0% of the average market price of the Securities, as applicable, for the five trading days ended May 9, 2008, in addition to the continued accrual of the original issue discount. Contingent cash interest, which the Company has determined to be approximately $3.12 per Note, will be payable to holders of the Securities as of the record date, which is October 29, 2008. The payment of contingent cash interest is expected to be made on November 13, 2008.

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, boat repair and maintenance, and by hobbyists. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.

For more information, contact P. Kelly Tompkins, Executive Vice President and Chief Administrative Officer, at 330-273-5090 or

SOURCE RPM International Inc.

P. Kelly Tompkins
Executive Vice President and Chief Administrative Officer of RPM International Inc.

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