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EXHIBIT 99.1
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Investor Contact: Richard E. Koch
(203) 750-3254
Press Contact: Thomas J. Fitzgerald
(203) 750-3831
[LOGO] Olin News
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Olin Corporation, P.O. Box 4500, 501 Merritt 7, Norwalk, CT 06856-4500
FOR IMMEDIATE
RELEASE
Olin Presentation at Salomon Smith Barney Chemical Conference
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NORWALK, CT, November 30, 2000 - Olin Corporation's senior management will
make a presentation to the annual Salomon Smith Barney Chemical Conference on
Tuesday, December 5 at 10:30 AM Eastern Time. Scheduled presenters include
Anthony W. Ruggiero, Executive Vice President and CFO and Joseph D. Rupp,
President of Olin Brass. Prepared remarks will take about 30 minutes and will be
followed by a question and answer period.
The presentation will be audio webcast live and is available to all investors,
news media and the general public at
http://www.veracast.com/ssb2/chemicals 2000/clientaccess/21103242.cfm. Prepared
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remarks will be posted in the Investors section of Olin's web site at
www.olin.com following the presentation. The presentation also will be archived
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and available for replay on Olin's web site.
Headquartered in Norwalk, CT, Olin Corporation had 1999 sales of $1.3 billion
and approximately 6,700 employees. The company is a leading North American
producer of copper and copper-based alloys, sporting ammunition and chlorine and
caustic soda.
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Except for historical information contained herein, the information set forth in
this communication contains forward-looking statements that are based on
management's beliefs, certain assumptions made by management and current
expectations, estimates and projections about the markets and economy in which
Olin and its respective divisions operate. Words such as "anticipates,"
"expects," "believes," "should," "plans," "will," "estimates," and variations
of such words and similar expressions are intended to identify such forward-
looking statements. These statements are
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not guarantees of future performance and involve certain risks, uncertainties
and assumptions ("Future Factors") which are difficult to predict. Therefore,
actual outcomes and results may differ materially from what is expected or
forecasted in such forward-looking statements. Olin does not undertake any
obligation to update publicly any forward-looking statements, whether as a
result of future events, new information or otherwise. Future Factors which
could cause actual results to differ materially from those discussed include but
are not limited to: general economic and business and market conditions, lack of
moderate growth in the U.S. economy or even a slight recession in any period or
year; competitive pricing pressures; changes in Chlor Alkali's ECU prices from
expected levels; Chlor Alkali operating rates below anticipated levels; higher-
than-expected raw material costs; higher-than-expected transportation and/or
logistics costs; a protracted work stoppage in connection with collective
bargaining negotiations with labor unions; a downturn in any of the markets Olin
serves such as electronics, automotive, ammunition and housing; the
supply/demand balance for Olin's products, including the impact of excess
industry capacity; efficacy of new technologies; changes in U.S. laws and
regulations; failure to achieve targeted cost reduction programs; capital
expenditures, such as cost overruns, in excess of those scheduled; environmental
costs in excess of those projected; and the occurrence of unexpected
manufacturing interruptions/outages.
