Cabot Receives Favorable Ruling in Tantalum Contract Dispute

Cabot Receives Favorable Ruling in Tantalum Contract Dispute

BOSTON, Nov. 22 /PRNewswire-FirstCall/ --

Cabot Corporation (NYSE:CBT) today

announced that it received a favorable ruling from the United States District

Court granting its motion to dismiss a complaint filed against it by AVX

(NYSE:AVX). The complaint alleged that Cabot violated the federal antitrust

laws by tying the purchase of one type of tantalum product by AVX to the

purchase of other types.

(Photo: http://www.newscom.com/cgi-bin/prnh/20000323/CABOTLOGO )

Kennett F. Burnes, Chairman and CEO of Cabot Corporation said, "We are pleased

to have this matter behind us and look forward to continuing our ongoing

relationship with AVX as a valued customer."

Throughout the litigation, AVX has continued to purchase product in accordance

with the terms of its supply agreement.

Cabot Corporation is a global specialty chemicals and materials company

headquartered in Boston, MA. Cabot's major products are carbon black, fumed

silica, inkjet colorants, capacitor materials, and cesium formate drilling

fluids. http://www.cabot-corp.com/.

Contact: Investor Relations

617-342-6244

Ethel Shepard

Corporate Affairs Manager

617-342-6254

http://www.newscom.com/cgi-bin/prnh/20000323/CABOTLOGO

http://photoarchive.ap.org/

DATASOURCE: Cabot Corporation

CONTACT: Investor Relations, +1-617-342-6244, or Ethel Shepard,

Corporate Affairs Manager, +1-617-342-6254, both

of Cabot Corporation

Web site: http://www.cabot-corp.com/