Millennium Chemicals Schedules Second Quarter 2003 Earnings Results and Outlook and Internet Webcast/Teleconference

Millennium Chemicals Has Filed 2Q03 Form 10-Q


HUNT VALLEY, Md., Aug. 20, 2003 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium") filed its second quarter 2003 Form 10-Q yesterday. Millennium also announces the following schedule and contact information for its second quarter earnings release and outlook, and webcast/teleconference:


 Earnings Release: Thursday, August 21, 2003 before the NYSE open
                   By PrimeZone Media Network distribution and
                   Millennium's website at:
                   http://www.millenniumchem.com, click on
                   Investor Relations

 Teleconference:   Thursday, August 21, 2003 - 11:00 a.m. EDT

 Dial in Number:   973-935-8504
                   Please call 5-10 minutes before the scheduled
                   start of the teleconference

 Speakers:         Bob Lee, President and Chief Executive Officer
                   Jack Lushefski, Executive Vice President and Chief
                   Financial Officer
                   Mickey Foster, Vice President, Corporate and 
                   Investor Relations

 Webcast:          You can conveniently view the slide presentation
                   and listen to remarks live by accessing our
                   website http://www.millenniumchem.com and
                   click on Investor Relations

 Replay:           973-341-3080, ID# 4126032 available through
                   August 28, 2003

Millennium Chemicals (website: www.millenniumchem.com) is a major international chemicals company, with leading market positions in a broad range of commodity, industrial, performance and specialty chemicals.

Millennium Chemicals is:



 -- the second-largest producer of TiO2 in the world and a leading
    producer of titanium tetrachloride and other products,
    including zirconia, cadmium/selenium pigments and silica gel;
 -- the second-largest producer of acetic acid and vinyl acetate
    monomer in North America;
 -- a leading producer of fragrance chemicals; and,
 -- through its partnership interest in Equistar Chemicals, LP, a
    partner in the second-largest producer of ethylene and
    third-largest producer of polyethylene in North America, and
    a leading producer of ethylene oxide and its derivatives
    and high value-added specialty polymers.


            

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