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Hexion Specialty Chemicals, Inc. Announces Fourth Quarter 2006 Earnings Conference Call

January 29, 2007 at 12:00 AM EST

Hexion Specialty Chemicals, Inc. Announces Fourth Quarter 2006 Earnings Conference Call

COLUMBUS, OHIO – (January 29, 2007) – Hexion Specialty Chemicals, Inc. will host a teleconference to discuss its Fourth Quarter 2006 results on Thursday, March 15, at 9:00 a.m. Eastern Time.

Interested parties are asked to dial-in approximately 10 minutes before the call begins at the following numbers:

U.S. Participants: 866.713.8310
International Participants:  617.597.5308
Participant Passcode: 51283362

Live Internet access to the call will be available through the Investors Section of the Company's website: www.hexion.com.

A replay of the call will be available for three weeks beginning at 11 a.m. Eastern Time, March 15, 2007. The playback can be accessed by dialing 888-286-8010 (U.S.) and 617-801-6888 (International). The passcode is 54784394. A replay and transcript will also be available on the Investors Section of the company's website: www.hexion.com.

About the Company
Based in Columbus, Ohio, Hexion Specialty Chemicals combines the former Borden Chemical, Bakelite, Resolution Performance Products and Resolution Specialty Materials companies into the global leader in thermoset resins. Hexion serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Hexion Specialty Chemicals is owned by an affiliate of Apollo Management, L.P. Additional information is available at www.hexion.com

CONTACTS:
Investors:
John Kompa
Director, Investor Relations
Hexion Specialty Chemicals, Inc.
+1 614 225 2223
john.kompa@hexion.com

Media:
Peter F. Loscocco
Vice President, Public Affairs
Hexion Specialty Chemicals, Inc.
+1 614 225 4127
peter.loscocco@hexion.com