Cytec Industries Inc.

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Cytec Industries Inc. Announces Total Consideration And Tender Offer Consideration In Respect Of Its Previously Announced Cash Tender Offers


March 12, 2013 - Cytec Industries Inc. ("Cytec" or the "Company") (NYSE: CYT)
today announced the Total Consideration (as defined below) and Tender Offer
Consideration (as defined below) in respect of its previously announced offers,
each as amended earlier today (the "Tender Offers") to purchase for cash up to
$200,000,000 aggregate principal amount of its notes, including up to
$125,000,000 of its 6.0% Notes due October 1, 2015 (the "2015 Notes") and an
uncapped amount of its 8.95% Notes due July 1, 2017 (the "2017 Notes", together
with the 2015 Notes, the "Securities"). The Tender Offers were made pursuant to
an Offer to Purchase dated February 26, 2013 (as amended and supplemented, the
"Offer to Purchase") and the related Letter of Transmittal dated February
26, 2013 (as amended and supplemented, the "Letter of Transmittal"), which set
forth a complete description of the terms of the Tender Offers.

Holders who validly tendered their Securities at or prior to 5:00 p.m., New York
City time, on March 11, 2013 (the "Early Tender Date") are eligible to receive
the Total Consideration (as defined below). The Tender Offers will expire at
11:59 p.m., New York City time, on March 25, 2013 (such date and time, as it may
be extended, the "Expiration Date"), unless earlier terminated.  Tendered
Securities of a series may no longer be withdrawn from the Tender Offers.

The "Total Consideration" for each $1,000 principal amount of each series of the
Securities validly tendered at or prior to the Early Tender Date and accepted
for purchase pursuant to the Tender Offers and the "Tender Offer Consideration"
for each $1,000 principal amount of each series of Securities validly tendered
after the Early Tender Date but at or prior to the Expiration Date and accepted
for purchase pursuant to the Tender Offers, are set forth in the table below.
The Total Consideration for each $1,000 principal amount of each series of
Securities validly tendered at or prior to the Early Tender Date and accepted
for purchase pursuant to the Tender Offers was determined by reference to the
applicable fixed spread specified in the table below for the Securities over the
yield based on the bid-side price of the applicable Reference U.S. Treasury
Security specified in the table below, as calculated by the dealer managers for
the Tender Offers at 9:30 a.m., New York City time, today.  The Total
Consideration includes the early tender premium of $30.00 per $1,000 principal
amount of Securities.  Holders who validly tender Securities after the Early
Tender Date but at or prior to the Expiration Date and whose Securities are
accepted for purchase will receive the applicable Tender Offer Consideration,
which is the Total Consideration less the early tender premium of $30.00 per
$1,000 principal amount of Securities.


                                                         Reference            Fixed
                    Acceptance  Principal     Maximum      U.S.              Spread      Total
 Title of   CUSIP    Priority     Amount     Principal   Treasury  Reference (basis  Consideration    Tender Offer
 Security  Number     Level    Outstanding     Amount    Security    Yield   points)     ((1))     Consideration((1))
---------------------------------------------------------------------------------------------------------------------
  6.0%    232820AG5     1      $249,560,000 $125,000,000  0.25%     0.252%     75      $1,123.77       $1,093.77
  Notes                                                    U.S.
   due                                                   Treasury
 October                                                 Note due
 1, 2015                                                  January
                                                         31, 2015

  8.95%   232820AH3     2      $249,400,000     N/A       0.875%    0.862%     135     $1,272.67       $1,242.67
  Notes                                                    U.S.
 due July                                                Treasury
 1, 2017                                                 Note due
                                                          January
                                                         31, 2018


(1) Per $1,000 principal amount of Securities

Securities that are tendered and accepted for purchase will be settled only on
the settlement date, which will promptly follow the Expiration Date and is
expected to be March 26, 2013.

In addition to the applicable Tender Offer Consideration or the Total
Consideration, as the case may be, all Securities accepted for purchase will
also receive accrued and unpaid interest on those Securities from the last
interest payment date to, but not including, the Settlement Date, for each
series of Securities.

Securities tendered for purchase in the Tender Offers are subject to the maximum
aggregate principal amount of $200,000,000 and proration, as described below and
in the Offer to Purchase, and are also subject to the acceptance priority levels
indicated above. All 2015 Notes up to the $125,000,000 maximum aggregate
principal amount of 2015 Notes to be purchased that are validly tendered will
have priority over any 2017 Notes that are tendered for purchase. Accordingly,
2017 Notes tendered prior to the Early Tender Date may be subject to proration
in the event that additional 2015 Notes are tendered after the Early Tender Date
and prior to the Expiration Date or additional 2017 Notes are tendered after the
Early Tender Date and prior to the Expiration Date. In addition, 2015 Notes
validly tendered prior to the Early Tender Date will be subject to proration in
the event that in excess of $17,249,000 of additional 2015 Notes are tendered
after the Early Tender Date and prior to the Expiration Date.

As described in the Offer to Purchase, if the aggregate principal amount of
2015 Notes that are validly tendered exceeds the Maximum Principal Amount to be
Accepted (as set forth in the table above) or the aggregate principal amount of
Securities that are validly tendered exceeds the maximum aggregate principal
amount of $200,000,000, Cytec will accept for payment only such portion of the
Securities that does not result in an aggregate principal amount purchased that
is above such maximum amounts. If such maximum amounts are sufficient to allow
us to accept some, but not all of the validly tendered Securities, the amount of
Securities purchased will be prorated based on the aggregate principal amount of
Securities validly tendered, rounded down to the nearest integral multiple of
$1,000, but not less than the minimum principal amount to be accepted. Cytec
reserves the right to increase the Maximum Principal Amount to be Accepted or
the maximum aggregate principal amount of $200,000,000 at any time, subject to
compliance with applicable law.

Cytec has retained Citigroup Global Markets Inc., RBS Securities Inc. and Wells
Fargo Securities, LLC to serve as dealer managers for the Tender Offers. Global
Bondholder Services Corporation has been retained to serve as the depositary and
information agent for the Tender Offers.

For additional information regarding the terms of the Tender Offers, please
contact: Citigroup Global Markets Inc. at 800-558-3745 (toll-free) or
212-723-6106 (collect), RBS Securities Inc. at 877-297-9832 or Wells Fargo
Securities, LLC at 866-309-6316. Requests for documents and questions regarding
the tender of securities may be directed to Global Bondholder Services
Corporation at 866-937-2200.

Copies of the Offer to Purchase and the Letter of Transmittal related to the
Tender Offers may also be obtained at no charge from Global Bondholder Services
Corporation.

Neither Cytec, its board of directors, the information agent and depositary nor
the dealer managers make any recommendation as to whether holders of the
Securities should tender or refrain from tendering the Securities.

This announcement does not constitute an offer to purchase or a solicitation of
an offer to sell securities. The Tender Offers are being made solely by means of
the Offer to Purchase and the related Letter of Transmittal. In any jurisdiction
where the laws require a tender offer to be made by a licensed broker or dealer,
the Tender Offers will be deemed to be made on behalf of Cytec by the dealer
managers, or one or more registered brokers or dealers under the laws of such
jurisdiction.

About Cytec

Cytec's vision is to deliver specialty material and chemical technologies beyond
our customers' imagination. Our focus on innovation, advanced technology and
application expertise enables us to develop, manufacture and sell products that
change the way our customers do business. Our pioneering products perform
specific and important functions for our customers, enabling them to offer
innovative solutions to the industries that they serve. Our products serve a
diverse range of end markets including aerospace and industrial materials,
mining and plastics.

For more information visit the Company's web site at www.cytec.com.

Use of Forward-Looking Statements

Except for the historical information and discussions contained herein,
statements contained in this release may constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
Achieving the results described in these statements involves a number of risks,
uncertainties and other factors that could cause actual results to differ
materially, as discussed in Cytec's filings with the Securities and Exchange
Commission. Cytec disclaims any obligation to update or revise any forward-
looking statements.



Contact:

Jodi Allen

Investor Relations

973-357-3283




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein.

Source: Cytec Industries Inc via Thomson Reuters ONE
[HUG#1684763]



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