Cabot Board Votes Dividend

November 8, 2002
BOSTON, MA - On Friday, November 8, 2002, Cabot Corporation's Board of Directors approved a quarterly dividend of $0.13 per share on all outstanding shares of the Corporation's common stock (NYSE/CBT). The dividend is payable December 13, 2002, to stockholders of record as of the close of business on November 29, 2002.

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, and capacitor materials. Cabot has approximately 4,200 employees in more than 40 manufacturing plants located in 22 countries around the world.