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Lubrizol Makes Management Changes

Maritime Activity Reports, Inc.

October 8, 2008

The Lubrizol Corporation announced management changes designed to better support the company’s business objectives that include driving organic growth, strengthening the product portfolio and improving profitability. The newly appointed leadership will focus on enhancing product innovations across the enterprise, improving operating efficiencies across the global manufacturing and supply chain structure, managing enterprise risk and executing key bolt-on acquisitions that are complementary to existing product lines. The promotions took effect on September 26.

Steve Kirk was elevated to senior vice president and chief operating officer, in charge of both Lubrizol Additives (LZA) and Lubrizol Advanced Materials (LZAM) business segments.

Larry Norwood was promoted to corporate vice president, operations, leading operations personnel and infrastructure for both LZA and LZAM.

Bob Graf was promoted to corporate vice president, research and development, leading research strategy and the development of scientific resources for both LZA and LZAM. Greg Lewis was promoted to corporate vice president, global risk management and chief ethics officer, with oversight of loss prevention activities; the health, safety, environment and security function; and corporate ethics for the company.

Dan Sheets was promoted to corporate vice president and president, Lubrizol Additives.

Eric Schnur was promoted to corporate vice president and president, Lubrizol Advanced Materials.

Don Bogus, senior vice president, The Lubrizol Corporation and president of Lubrizol Advanced Materials, will retire from Lubrizol effective January 2, 2009.

Mark Pringle has been named vice president, sales, .

John Pilley has been named vice president, sales, and Asia Pacific.

Joseph Chai was promoted to vice president and general manager, Performance Coatings.

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