--PolyOne to host an Investor Day during the 2009 National Plastics Exposition (NPE) on June 25 CLEVELAND, March 16 /PRNewswire-FirstCall/ -- PolyOne Corporation (NYSE: POL) today announced it will host an Investor Day on June 25, 2009 from 8:00 a.m. to 12:00 p.m. in Chicago during the 2009 National Plastics Exposition (NPE). Held every three years, NPE is among the largest trade shows for the plastics industry with approximately 70,000 attendees from around the globe in nearly one million square feet of exhibit space. During the show, PolyOne will feature a number of new technologies at its exhibit that highlight the Company's focus on developing specialized innovative solutions to create unique marketplace value. The goal of the exhibit is to help customers learn how PolyOne can help them meet the challenges they face in today's uncertain and highly competitive environment. Commenting on the forum, PolyOne chairman, president and chief executive officer Stephen D. Newlin stated, "Our decision to host an Investor Day in Chicago concurrent with the NPE show provides investors and analysts with an opportunity to be exposed to the broader plastics industry, including the industry structure, trends and end-market drivers." PolyOne's Investor Day will begin with a private pre-show tour of the Company's NPE exhibit guided by PolyOne officers. Following the tour, Newlin will provide an overview and update of PolyOne's strategic initiatives, and operating division officers will provide in-depth presentations of their respective operations. Additionally, senior vice president and chief financial officer Robert. M. Patterson will discuss PolyOne's financial performance, liquidity, and profitability-enhancement initiatives. Commenting on PolyOne's cash flow, Patterson stated, "Over the last two months, we have made tremendous progress in reducing working capital, which will allow us to report better than expected positive free cash flow. As a result, we expect to have more than adequate cash flow to fund our previously announced restructuring actions, as well as our near-term debt maturities. We look forward to sharing this success with our investors and analysts at the Investor Day." PolyOne's debt and credit facilities have no financial covenants other than a 1:1 fixed charge ratio that comes into effect only if average quarterly borrowing availability falls below $40 million on it accounts receivable securitization facility. Current borrowing availability is well in excess of this level. Additional details about PolyOne's Investor Day will be released in the coming weeks. About PolyOne PolyOne Corporation, with annual revenues of more than $2.7 billion, is a premier provider of specialized polymer materials, services and solutions. Headquartered outside of Cleveland, Ohio USA, PolyOne has operations around the world. For additional information on PolyOne, visit our Web site at http://www.polyone.com/. To access PolyOne's news library online, please visit http://www.polyone.com/news Forward-looking Statements In this press release, statements that are not reported financial results or other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the continued degradation in the North American residential construction market; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks; changes in polymer consumption growth rates in the markets where PolyOne conducts business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation. The above list of factors is not exhaustive. We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. DATASOURCE: PolyOne CONTACT: Robert M. Patterson, Investor Relations Contact, Senior Vice President & Chief Financial Officer, +1 440-930-3302, or Amanda Marko, Media Contact, Director, Corporate Communications, +1 440-930-3162, , both of PolyOne Corporation Web Site: http://www.polyone.com/

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