Huntsman Selects Genpact to Provide Global Accounts Payable Services

Genpact (NYSE:G), a leader in the globalization of services and technology and a pioneer in managing business processes for companies around the world, today announced that it has been awarded a five year contract to provide global accounts payable services to Huntsman’s operations across Europe, North America and Asia Pacific. Terms of the contract were not disclosed.

Russell Healy, Huntsman VP and Controller, said, "In partnering with Genpact, Huntsman will be able to leverage best-of-breed process improvement methods to provide quality accounts payable services delivered with state-of-the-art technology at a significantly reduced cost. We are convinced that working with Genpact is an important step towards maintaining our cost competitiveness."

Pramod Bhasin, Genpact President and CEO, commented, "We are thrilled to have been selected by Huntsman and look forward to a long-term relationship that grows to meet their evolving needs.”

About Genpact

Genpact is a leader in the globalization of services and technology and a pioneer in managing business processes for companies around the world. The company combines process expertise, information technology and analytical capabilities with operational insight and experience in diverse industries to provide a wide range of services using its global delivery platform. Genpact helps companies improve the ways in which they do business by applying Six Sigma and Lean principles plus technology to continuously improve their business processes. Genpact operates service delivery centers in China, Guatemala, Hungary, India, Mexico, Morocco, the Netherlands, the Philippines, Poland, Romania, Spain and the United States. For more information, see our website at: www.genpact.com.

About Huntsman

Huntsman is a global manufacturer and marketer of differentiated chemicals. Its operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, Huntsman today has more than 12,000 employees and operates from multiple locations worldwide. The Company had 2008 revenues exceeding $10 billion. For more information about Huntsman, please visit the Company’s website at: www.huntsman.com.