Webcast Alert: Lyondell Chemical Company Announces Acquisition of Partner's Interest in Houston Refinery
PRNewswire-FirstCall
HOUSTON
(NYSE:LYO)

HOUSTON, Aug. 16 /PRNewswire-FirstCall/ -- Lyondell Chemical Company (NYSE: LYO) will hold a webcast teleconference tomorrow related to its acquisition of CITGO's interest in the Houston refinery.

   Teleconference:       August 17, 2006
                         10:00 a.m. Eastern Time
                         Hosted by Doug Pike, Vice President, Investor
                         Relations.
                         Presentation slides and simultaneous audio webcast
                         on Lyondell's web site at
                         http://www.lyondell.com/investorpresentations .

   Dial-In Numbers:      U.S. Toll Free: 888-391-2385, Pass Code:  Lyondell
                         International: +1-517-645-6239 Pass Code:  Lyondell
                         Please call 10 to 15 minutes before the scheduled
                         start of the teleconference.

   Web Replay:           Will be available at 2:00 p.m. Eastern Time on
                         August 17 at
                         http://www.lyondell.com/investorpresentations .

   Telephone Replay:     Will be available from 12:30 p.m. Eastern Time on
                         August 17 to 6:00 p.m. Eastern Time on August 25.
                         The dial-in numbers are:
                         United States:  800-873-2155  Pass Code:  5549
                         International:  203-369-3993  Pass Code:  5549

   Related Disclosures:  Reconciliations of non-GAAP financial measures to
                         GAAP financial measures and any other applicable
                         disclosures will be available at 10:00 a.m.
                         Eastern Time on August 17 at
                         http://www.lyondell.com/investorpresentations .

(Minimum requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/default.aspx , and at least a 28.8Kbps connection to the Internet, or the RealPlayer software, downloadable free from http://www.real.com/products/player/index.html , and at least a 28.8Kbps connection to the Internet.)

SOURCE: Lyondell Chemical Company

CONTACT: media, Susan P. Moore, +1-713-309-4645, or investors, Douglas J.
Pike, +1-713-309-7141, both of Lyondell Chemical Company

Web site: http://www.lyondell.com/
http://www.lyondell.com/investorpresentations
http://www.microsoft.com/windows/windowsmedia/default.aspx
http://www.real.com/products/player/index.html


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