News Release Details

Boston, MA (May 29, 2001) -- Cabot Corporation (NYSE: CBT) announced today the formation of a new Asia-Pacific sales and marketing group for its Cabot Performance Materials (CPM) Barium Titanate electronic-grade ceramics products. The sales and marketing initiative, led by Yasuto Komatsu, Regional Director and Takayoshi Yuki, Business Development Manager, will offer customized assistance to manufacturers of high performance capacitors throughout the region. Together, Mr. Komatsu and Mr. Yuki bring to Cabot more than 50 years of experience in the electronics and capacitor industries. Mr. Komatsu is well known in the capacitor industry as former president and a long time employee of tantalum producer Showa Cabot Supermetals K.K. He holds a B.S. degree in Physical Chemistry from Tokyo University. Mr. Yuki is the former president of U.S.R. Optonix and has more than eighteen years experience in semiconductors and electronics. He earned his B.S. degree in Chemistry from Tohoku University.

Cabot is recognized as a leading provider of high performance products and services for the electronics industry. Fine barium titanate products by Cabot serve the rapidly growing market for Multilayer Ceramic Capacitors (MLCC) and Embedded Decoupling Capacitors (EDC).

Headquarted in Boston, MA, Cabot is a global company with operations in the areas of specialty chemicals and materials, including tantalum, niobium and other performance metals, carbon black, fumed silica and metal oxides, thermoplastic concentrates, ink-jet colorants, and drilling fluids. Cabot has approximately 4,200 employees in more than 40 manufacturing plants located in 22 countries. Our website address is: http://www.cabot-corp.com.