Cabot Board Declares Dividend

November 14, 2008

BOSTON, Nov. 14 /PRNewswire-FirstCall/ -- On Friday, November 14, 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 December 12, 2008 to stockholders of record at the close of business on November 28, 2008.

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About Cabot Corporation

Cabot Corporation is a global performance 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.

SOURCE Cabot Corporation
CONTACT: Susannah R. Robinson, Director, Investor Relations of Cabot
Corporation, +1-617-342-6129
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Web site: http://www.cabot-corp.com
(CBT)