<PAGE> 1
PRICING SUPPLEMENT NO. 5 Rule 424(b)(3)
TRADE DATE: September 17, 1997 Registration No. 333-5763
(To Prospectus Supplement dated
December 4, 1996 including the Prospectus
dated November 8, 1996)
M.A. HANNA COMPANY
MEDIUM-TERM NOTES
Due More Than Nine Months from Date of Issue
<TABLE>
<S> <C>
Floating Rate Note ( ) 6.74% Fixed Rate Note (X)
Principal Amount: $20,000,000 Issue Price: See Below
Original Issue Date: September 22, 1997 Specified Currency: U.S. dollars
Interest Accrual Date: September 22, 1997 Maturity Date: September 22, 2005
Redemption Date(s): N/A
Redemption Price(s): N/A
Authorized Denominations (if other than
denominations of $1,000 and integral
multiples of $1,000 in excess thereof Interest Payment Period: Semi-Annual
in U.S. Dollars): N/A
Repayment Date(s): N/A Interest Payment Dates: June 1 and
Repayment Price(s): N/A December 1
Total Amount of OID: N/A
Yield to Maturity: N/A Global Security: (X) Yes ( ) No
Initial Accrual Period OID: N/A Exchange Rate Agent: N/A
Method Used to Determine Historical Exchange Rate: N/A
Yield to Maturity and Initial
Accrual Period OID: N/A
(Only applicable to Floating Rate Notes): Spread (plus or minus): N/A
Initial Interest Rate: N/A Spread Multiplier: N/A
Index Maturity: N/A Maximum Interest Rate: N/A
Base Rate(s): N/A Minimum Interest Rate: N/A
If LIBOR, Designated LIBOR Page: Calculation Rate Agent: N/A
( ) LIBOR Reuters
( ) LIBOR Telerate Name of Agents: Salomon Brothers Inc
and Merrill Lynch, Pierce, Fenner & Smith
Incorporated
Index Currency: N/A Agents' Aggregate Discount or
Commission: .600%
Interest Reset Period: N/A
Interest Reset Dates: N/A Net Proceeds to Co.: $19,880,000
<FN>
( ) Agent is acting as Agent for the sale of Notes by the Company at a price to
the public of ( ) 100% of Principal Amount or ( ) _____% of Principal Amount.
<PAGE> 2
(X) Agents are purchasing Notes from the Company as Principal for resale to
Investors and other purchasers at: ( ) a fixed initial public offering price of
100% of the principal amount; ( ) a fixed initial public offering price of ___%
of the principal amount; or (X) varying prices relating to prevailing market
prices at time of resale to be determined by Agents.
Additional Terms: CUSIP No. 41051PAE6
</TABLE>
