DuPont Announces Successful Completion of Tender Offer

WILMINGTON, Del.,  June 17, 2003  —  DuPont today announced that DCI Acquisition Inc., a subsidiary of DuPont, has successfully completed the tender offer for all the class A common shares, Series 1 of DuPont Canada, not owned by DuPont or its affiliates. At the close of the offer period, more than 47 million shares, or 70.7 percent of the more than 66 million minority shares outstanding, had been tendered to the offer. DCI Acquisition Inc. has taken up the shares and will pay for the shares within the time period permitted by applicable laws.

"We are pleased that the revised offer has been accepted and we can move forward to complete this transaction," said Charles O. Holliday, Jr., DuPont chairman and chief executive officer.

With the acquisition of the additional shares under the tender offer, DCI Acquisition Inc. and its affiliates will own approximately 260 million shares, representing 93 percent of the issued and outstanding shares. DuPont Canada, intends to call a special meeting of shareholders of DuPont Canada to consider an amalgamation or other transaction for the purpose of enabling DCI Acquisition Inc. and its affiliates, to acquire all of the remaining shares of DuPont Canada. This meeting is expected to occur by the end of July.

DuPont Canada Inc. is a diversified science company that serves customers across Canada and in more than 40 other countries. Headquartered in Mississauga, Ontario, the company serves global markets through offices and/or operations in Canada, the United States, Mexico, France, the United Kingdom and India. The company has 4,000 employees.

DuPont is a science company. Founded in 1802, DuPont puts science to work by solving problems and creating solutions that make people's lives better, safer and easier. Operating in more than 70 countries, the company offers a wide range of products and services to markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.

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6/17/03