Indianapolis, IN - August 27, 2007

Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company, is collaborating with Hexima Limited to test cotton plants using Dow AgroSciences proprietary genetic constructs.  The agreement involves the completion of a series of milestones over the next 18-24 months, resulting in the delivery of viable transformed cottonseed to Dow AgroSciences to provide better solutions and more options to cotton growers.

“This collaboration represents Dow AgroSciences’ commitment to provide differentiated solutions to customers globally through unique technology and capabilities,” said Daniel R. Kittle, PhD, Vice President, R&D, for Dow AgroSciences.

“Hexima is pleased to be expanding our relationship with one of the world’s leading agriculture companies,” said Dan O’Brien, CEO, Hexima Limited.

Dow AgroSciences currently distributes PhytoGen™ brand cottonseed and is marketing WideStrike™ Insect Protection for the U.S. cotton market.

Terms of the agreement were not disclosed.

Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top tier agricultural company providing innovative crop protection, seeds, and biotechnology solutions to serve the world's growing population. A wholly owned subsidiary of The Dow Chemical Company, global sales for Dow AgroSciences are $3.4 billion. Visit http://www.dowagro.com for more information.

Hexima Limited is an ASX-listed agribusiness company (ASX Code: HXL) actively engaged in the research and development of technology for the protection and enhancement of commercial crops, primarily to enhance their resistance to insects and fungal pests.  Visit http://www.hexima.com.au for more information.

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For Editorial Information:

Robyn Heine
Dow AgroSciences LLC
317/337-4807