DuPont Revises Fourth Quarter Outlook

Wilmington, DE, Jan. 15–DuPont expects reported earnings for the fourth quarter 2002 to be between $.31 and $.33 per share, slightly below the company’s initial outlook. The net impact of special items for the quarter is expected to be immaterial.

However, pre-tax operating results in the second half of the quarter were lower than expected. The company expects this decline to be largely offset by a significant benefit from further reduction in the effective income tax rate for full year 2002.