Dow Chemical to pursue legal options on Kuwait deal

HIGHLIGHTS

* Says accelerates discussions around new partnerships

* Says has already been approached by other interested parties about joint

venturing with Dow for basic plastics businesses

* Says will establish formal process to secure jv partner to accomplish goals

of its asset light strategy

* Says prepared to close k-Dow immediately if pic does indeed cure the breach

of contract

* Says will continue to pay regular, quarterly cash dividend