Cabot Board Declares Dividend

January 11, 2008

BOSTON, Jan 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- On Friday, January 11, 2008, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.18 per share on all outstanding shares of the Corporation's common stock. The dividend is payable on March 14, 2008 to stockholders of record at the close of business on February 29, 2008.

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About Cabot Corporation

Cabot Corporation is a global specialty chemicals and materials company and is headquartered in Boston, MA. Cabot's major products are carbon black, fumed silica, inkjet colorants, capacitor materials, and cesium formate drilling fluids.

Contact: Susannah R. Robinson

Director, Investor Relations
(617) 342-6129

SOURCE Cabot Corporation

http://www.cabot-corp.com