Arvesta Names New President

SAN FRANCISCO (May 6, 2004) - Arvesta Corporation today announced that Elin D. Miller will assume the position of President and CEO; Ted Tsunoda will become Executive Vice President, Planning and Administration; and Tom Justmann will become Vice President, Commercial, effective June 1.

Miller served in Government and Public Affairs for Dow AgroSciences and Dow Chemical for four years as Global Leader Public Affairs, and then as Global Vice President Public Affairs, Dow Chemical. In these positions, she created and managed global teams and lead public policy teams.

In addition to Miller's work with Dow, she was appointed by the Governor of California as Chief Deputy Director of the California Department of Pesticide Regulation where she was responsible for the use enforcement and registration of pesticides. She later was appointed Director of the California Department of Conservation where she regulated oil and gas, mining, recycling and Ag Land conservation industries.

Through her appointments and her experiences in public affairs, Miller has extensive knowledge of the regulatory system that will be instrumental in managing Arvesta's current product portfolio and delivering new viable crop solutions to growers.

"I began my ag chem career years ago in field sales and research, and most recently I have focused my abilities in delivering strategic direction and organizational alignment in both industry and government," said Miller. "I'm excited to put my experience, knowledge and passion for this industry to work for Arvesta."
Miller received her bachelor of science degree in agronomy and plant protection from the University of Arizona in Tucson. She also graduated from the Advanced Management Program, INSEAD, in France. In 1998, she received the ag chem industry's highest honor, the Lee Hitchner Award for lifetime contribution.

Ted (Toshihiro) Tsunoda has 32 years of agri-chemical experience in Japan and the United States. Prior to his current assignment in the United States, Tsunoda was Manager for Tomen Corporation's domestic agrochemicals section in Tokyo. In 1994, he became Vice President of Tomen Pacific Agro Inc., a division of Tomen America Inc., in San Francisco. In 1995, Tsunoda became Vice President of Tomen Agro, Inc., a wholly owned subsidiary of Tomen Corporation. He was promoted to Executive Vice President in 1998. In 2001, following the Tomen-Nichimen merger, the company name was changed to Arvesta Corporation.

During his career at Arvesta, Tsunoda has been responsible for commercial operations, accounting and finance; and, most recently, has been acting President of Arvesta. He has been instrumental in bringing proprietary products of Japanese manufacturers to Arvesta, and in negotiating numerous licenses and acquisitions that have increased the product portfolio of Arvesta.

Tom Justmann has broad knowledge of the crop protection business, with over 25 years of sales, marketing, and research and development experience. He began his career in sales at American Cyanamid, and rose to the position of Director, Agricultural Product Division, Central and Eastern Europe. He has managed international business for more than 12 years, been instrumental in four new product launches, and has a proven history of sales and profit growth.

Justmann started with Arvesta in 1995 as Director of Business Operations Eastern Hemisphere. He was responsible for sales, earnings and marketing in Europe, Africa, Middle East, Asia and Oceania. In 2002, he was promoted to Director of Sales. Since then, he has been responsible for directing global business operations to achieve sales and earnings. He also serves on the Board of Directors of Arvesta Canada and Arvesta Mexico.

"As an entrepreneurial company, Arvesta has a distinctive approach to the crop protection industry," Justmann said." I look forward to working with Elin in leading this company to growth and even greater profitability."

Justmann received his bachelor of science degree from the University of Wisconsin at River Falls. He also has training from the Darden Business School in business and marketing, University of Virginia. In addition to Justmann's role at Cyanamid, he contributed to U.S. Congressional groundwater hearings and the CropLife America container management task force.

"Elin, Ted and Tom bring the right combination of skills together to make an outstanding team to lead this company," said Chris Richards, Arysta LifeSciences President and CEO. "With Elin's public affairs background and strategic thinking, Ted's planning and finance ability, and Tom's sales and management experience, Arvesta has solid leadership to ensure growth and success."

Headquartered in San Francisco, Arvesta Corporation is an entrepreneurial provider of unique crop protection solutions. As a basic manufacturer of yield-enhancing, high-quality crop protection products and services, the company is strongly committed to product stewardship, environmental responsibility and human safety. For further information about Arvesta Corporation, please visit the company's Web site at www.arvesta.com.