Webcast Alert: Lyondell Sr. Vice President and Chief Financial Officer to Address Lehman Brothers 2005 High Yield Bond and Syndicated Loan Conference HOUSTON, March 9 /PRNewswire-FirstCall/ -- Kevin DeNicola, Sr. Vice President and Chief Financial Officer of Lyondell Chemical Company (NYSE:LYO), will address analysts at the following event: Analyst Lehman Brothers 2005 High Yield Bond and Syndicated Conference: Loan Conference, Friday, March 18, 2005, at 9:15 a.m. Eastern Time. Web Site Access: Live audio-only webcasting will be provided in RealPlayer(TM) and Windows Media formats. Beginning at 9:15 a.m. Eastern Time on the day of the event, the webcast can be accessed at http://www.lyondell.com/investorpresentations . The replay webcast will be available by March 21, 2005 at http://www.lyondell.com/investorpresentations . The replay will be available until June 18, 2005. Presentation: The slides will be available at the time of the presentation and afterwards at http://www.lyondell.com/investorpresentations . Related Disclosures: Reconciliations of non-GAAP financial measures to GAAP financial measures and any other applicable disclosures (including the slides) will be available at the time of the presentations and afterwards at http://www.lyondell.com/investorpresentations . ABOUT LYONDELL Lyondell Chemical Company, headquartered in Houston, Texas, is North America's third-largest independent, publicly traded chemical company. Lyondell is a major global manufacturer of basic chemicals and derivatives including ethylene, propylene, titanium dioxide, styrene, polyethylene, propylene oxide and acetyls. It also is a significant producer of gasoline blending components. The company has a 58.75 percent interest in LYONDELL- CITGO Refining LP, a refiner of heavy, high-sulfur crude oil. As a result of Lyondell's November 30, 2004 acquisition of Millennium Chemicals Inc., Millennium and Equistar Chemicals, LP are wholly owned subsidiaries of Lyondell. Lyondell is a global company operating on five continents and employs approximately 10,000 people worldwide. DATASOURCE: Lyondell Chemical Company CONTACT: media, Susan P. Moore, +1-713-309-4645, or investors, Douglas J. Pike, +1-713-309-4590, both of Lyondell Chemical Company Web site: http://www.lyondell.com/ http://www.lyondell.com/investorpresentations

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