INDIANAPOLIS, INDIANA (July 17, 2008) - Gowan Company, LLC has reached an agreement with Dow AgroSciences LLC to acquire the rights to its global zoxamide fungicide business, marketed primarily under the brand names ZOXIUM^TM, GAVEL^TM, ELECTIS^TM, UNIKAT^TM and HARPON^TM.

Zoxamide is a highly active, low-use fungicide used to control oomycete fungi infecting potatoes, vines and vegetables. This purchase will further strengthen Gowan’s position in these markets, and allows Dow AgroSciences to focus resources on priority solutions in its chemical and biotechnology portfolios.

”Due to the press of competing priorities for new product development, Dow AgroSciences, as a research-based company, has not been able to devote the time and resources needed to position zoxamide for optimal growth,” said David Hindes, Global Business Leader, Fungicides. “We believe that zoxamide will be better positioned with Gowan, where it represents a better strategic fit with the company’s portfolio and general business direction.”

“The addition of zoxamide expands Gowan’s fungicide portfolio globally, and is consistent with our goal to identify important products that growers need,” states Matt Comer, Global Marketing Manager for Gowan.

Under this agreement, Gowan and its subsidiaries throughout the world will start selling zoxamide and its formulations effective August 1, 2008. Financial terms of the agreement were not disclosed.

About Gowan

Gowan Company, based in Yuma, Arizona, USA, is a family-owned registrant and marketer of crop protection products and champions technology for agriculture and horticulture through innovative product development, public advocacy and quality production.
Learn more at www.gowanco.com.

About Dow AgroSciences

Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top-tier agricultural company that combines the power of science and technology with the "Human Element” to constantly improve what is essential to human progress. Dow AgroSciences provides innovative technologies for crop protection, pest and vegetation management, seeds, traits, and agricultural biotechnology to serve the world’s growing population. Global sales for Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, are $3.8 billion. Learn more at www.dowagro.com.

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FOR MORE INFORMATION:

Garry Hamlin
Dow AgroSciences
(317) 337-4799

Micahlynn De Anda
Gowan Company
(928) 539-5448
mdeanda@gowanco.com