Woodland Park, New Jersey, Feb. 26, 2013 -- Cytec Industries Inc. ("Cytec" or the "Company") (NYSE: CYT) today announced the commencement of cash tender offers for up to $175 million of its outstanding debt securities from the two series listed below.The tender offers are being made pursuant to an Offer to Purchase, dated February 26, 2013, and a related Letter of Transmittal, dated February 26, 2013, which set forth a more detailed description of the tender offers. Upon the terms and subject to the conditions described in the Offer to Purchase, the Letter of Transmittal and any amendments or supplements to the foregoing, Cytec is offering to purchase for cash (1) up to $125 million of its 6.0% Notes due October 1, 2015 (the "2015 Notes") and (2) up to $50 million of its 8.95% Notes due July 1, 2017 (the "2017 Notes", and together with the 2015 Notes, the "Securities"). The Company refers to its offer to purchase the Securities as the "Tender Offers."Holders must validly tender their Securities at or prior to 5:00 p.m., New York City time, on March 11, 2013 (the "Early Tender Date") to be eligible to receive the Total Consideration (as defined below). The Tender Offers will expire at 11:59 p.m., New York City time, on March 25, 2013 (the "Expiration Date"), unless extended or earlier terminated.Title of Security CUSIP Number Principal Amount Outstanding Maximum Principal Amount to be Accepted Reference U.S. Treasure Security Bloomberg Reference Page Fixed Spread(basis points) Early Tender Premium(2) 6.0% Notes due October 1, 2015 232820AG5 $249,560,000 $ 125,000,000(1) 0.25% U.S. Treasury Note due January 31, 2015 FIT1 75 $ 30.00 8.95% Notes due July 1, 2017 232820AH3 $249,400,000 $ 50,000,000(1) 0.875% U.S. Treasury Note due January 31, 2018 FIT1 135 $ 30.00 (1) If the principal amount of Securities tendered is greater than the applicable Maximum Principal Amount to be Accepted, then the Securities of that series accepted for purchase will be subject to proration as described herein (rounded downward such that Securities purchased will be in integral multiples of $1,000). (2) Per $1,000 principal amount of Securities. Cytec's obligation to accept for payment and to pay for any of the Securities in either of the Tender Offers is subject to the satisfaction or waiver of a number of conditions, including the completion by Cytec of a public offering of not less than $400 million in aggregate principal amount of Senior Notes due 2023 no later than the Settlement Date on terms reasonably satisfactory to the Company. The Tender Offers are not contingent upon the tender of any minimum principal amount of Securities. Cytec reserves the right to waive any one or more of the conditions at any time. The Total Consideration for each $1,000 principal amount of each series of the Securities validly tendered and accepted for purchase pursuant to the Tender Offers will be determined in the manner described in the Offer to Purchase by reference to the applicable fixed spread for the Securities over the yield based on the bid-side price of the applicable Reference U.S. Treasury Security, as calculated by the dealer managers at 9:30 a.m., New York City time, in accordance with standard market practice, on March 12, 2013. If applicable, Securities that are validly tendered and not validly withdrawn at or prior to the Early Tender Date and accepted for purchase by Cytec will receive the applicable Total Consideration for such Securities, payable on the Settlement Date. The Total Consideration includes the Early Tender Premium. Securities validly tendered after the Early Tender Date but before the Expiration Date.Media Contacts

Jodi Allen

Investor Relations

Tel: 1.973.357.3283

jodi.allen@cytec.com

Tara Tepp

In Process Separation Marketing Communications

Tel: 1.973.357.3347

tara.tepp@cytec.com

Katherine Vaiente

Global Marketing Communications Manager

Tel: 1.480.730.2310

Katherine.Vaiente@cytec.com

Claire Michel

Industrial Materials Marketing Communications

Tel: 44.1773.766200

claire.michel@cytec.com

Katherine Vaiente

Global Marketing Communications Manager

Tel: 1.480.730.2310

Katherine.Vaiente@cytec.com