LOUIS, Solutia Inc. Jim will be a strong partner with Jonathon and Luc De Temmerman,
senior vice president of Solutia Inc.

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Solutia Announces Changes to Executive Leadership Team

Louis.Solutia.

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DUBLIN, Ireland, Research and Markets
(http: //www.com
Fax: +353 1 4100 980

Quinn, president and CEO, Solutia Inc.
"Jonathon and Jim are seasoned professionals who bring fresh perspectives
to their roles at Solutia. In addition to his four years at Premcor, Voss'
previous business experience includes ten years in operational and human
resources capacities with United Parcel Services, Foodmaker Industries and
Swank Inc .

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Prior to that,
he led Arthur D. Forward-looking
statements are subject to known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements to be
materially different from the future results, performance or achievements
expressed or implied by the forward looking statements.

Corporate Profile
Solutia ( http://www.

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6 billion business that is a leading producer
of high-performance polymers, carpet fiber, and chemical intermediates . and president of performance products,
in their efforts to optimize our business and operational performance. Bankruptcy Court in connection with the Company's Chapter 11
filing.

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Wright has been named senior vice president of Solutia Inc. Little's strategy practice and management consulting business
in North America.

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com/reports/c14063 ) has announced the addition
of Derivatives Pricing: The Classic Collection to their offering.newscom.com/cgi-bin/prnh/20040820/RESEARCH )
A unique collection of 19 historic papers on quantitative finance --
including groundbreaking work by Louis Bachelier , Fischer Black, Robert
Merton, Robert Engle and Bruno Dupire.
Voss, 38, joins Solutia from Premcor Inc.
In addition to Quinn, De Temmerman, Wright and Voss, Solutia's executive
leadership team consists of: James M. Solutions for a Better Life.

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(OTC Bulletin Board: SOLUQ), a leading manufacturer and provider of
performance films, specialty chemicals and an integrated family of nylon
products , today announced two changes to its executive leadership team,
effective immediately. McCombs, vice president -
environmental, safety and health; and Robert T.

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ST. Voss has been named senior vice president - business operations
for Solutia Inc.

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In this role he will have enterprise-wide responsibility for
human resources, procurement, information technology, governmental affairs,
communications and public affairs. The decision of these two proven executives to
join our team is a clear endorsement of the progress we are making to position
Solutia for future success," added Quinn. Wright holds a M.

Major doctoral programs granting degrees in the area of philosophy of education.

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"Jonathon will provide the
strategic and commercial leadership that will revitalize our integrated nylon
business . Voss holds bachelor's degrees in psychology and sociology from
Maryville University, a master's degree in human resources development from
Webster University, and a MBA from Washington University in St.

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Wright replaces John F.Sc..

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Research and Markets - Derivatives Pricing: The Classic Collection

-- A collection of the most influential papers on options pricing and
derivatives published over the past 100 years -- as valuable today as
they have ever been
-- Each chapter holds direct examples that remain cornerstones of modern
business practice -- combining leading academic thought with the
practical insights of authors with years of shop-floor knowledge
-- Peter Carr presents world-famous papers as well some less widely known
gems that are nonetheless as vital to the subject as a whole
-- Each chapter is highly relevant to financial traders and analysts, and
even readers with only a basic grasp of the tools of quantitative
finance will find this collection an invaluable guide to financial
engineering
-- Covers option pricing, unified theories of volatility, the theory of
speculation, loss probabilities on loan portfolios, credit risk models
for loan books, barrier options and more
-- The collection is divided into four key sections: Classics , Hidden
Gems, Risk Hall of Fame and Nobel Prize Winners
-- Includes timeless contributions from the most famous financial
thinkers of modern history Including: Louis Bachelier, Fischer Black,
Robert Merton, Robert Engle, Bruno Dupire and others
-- Provides access to historically important papers you may have been
aware of, but have never had the chance to read -- some papers never
previously published in books form
-- Derivatives Pricing conclusively proves that true innovation has no
sell-by-date

For more information visit
http://www. Klein, senior vice president, general
counsel and corporate secretary; Max W .

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researchandmarkets., a major independent oil
refiner, where he most recently served as senior vice president and chief
administrative officer.

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(Logo: http://www. Sullivan, senior vice president and
chief financial officer; Rosemary L.S.

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Assumptions and other
important factors that could cause our actual results to differ materially
from those anticipated in our forward-looking statements include, among other
things: (i) the ability of Solutia to develop, prosecute, confirm and
consummate one or more Chapter 11 plans of reorganization; (ii) the potential
adverse impact of the Chapter 11 filing on Solutia's operations, management
and employees, and the risks associated with operating businesses under
Chapter 11 protection; (iii) the ability of Solutia to comply with the terms
of the DIP financing facility; (iv) world economic conditions, competitive
pressures, gain or loss of significant customers, labor relations and
disruption of operations, raw material and energy costs , currency and interest
rate fluctuations, success in implementing pricing actions and managing
spending , operating rates, cost of debt, environmental compliance and
remediation and other factors; (v) customer response to the Chapter 11 filing;
and (vi) the risk factors or uncertainties listed from time to time in
Solutia's filings with the Securities and Exchange Commission
and with the U.

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In this role he will lead Solutia's
integrated nylon division, a $1. During his eight-year consulting career , Wright worked
extensively in the petrochemical, specialty chemical, and related process
industries .

Forward Looking Statement
This press release contains forward-looking statements .

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com/reports/c14063

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets."
Wright, 45, joins Solutia from Charles River Associates, a global
management consulting firm, where he served as vice president. in economics from
Reading University and was an honors graduate in economics from City of London
Polytechnic.com ) uses world-class skills in applied
chemistry to create value-added solutions for customers, whose products
improve the lives of consumers every day.

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The papers have been specially selected
by Peter Carr, professor at the Courant Institute of Mathematical Sciences at
NYU and head of quantitative research at Bloomberg . He
will have responsibility for all commercial, operational and strategic aspects
of the business .

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James R. Solutia is a world leader in
performance films for laminated safety glass and after -market applications;
process development and scale-up services for pharmaceutical fine chemicals;
specialties such as water treatment chemicals, heat transfer fluids and
aviation hydraulic fluid and an integrated family of nylon products including
high-performance polymers and fibers.
Solutia .

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Jonathon P.
and president of integrated nylon. Previously, Wright held various operating, commercial and
strategic roles with British Gas. DeBolt, vice president -
strategy .

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researchandmarkets. "These changes are another important step in our
strategy to position Solutia to thrive after emergence from Chapter 11," said
Jeffry N. Saucier, who will be leaving
Solutia .

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Other factors and assumptions not identified above are also relevant
to the forward-looking statements , and if they prove incorrect, could also
cause actual results to differ materially from those projected ..

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