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Lubrizol Declares Dividend

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Lubrizol Corp.
29400 Lakeland Blvd.
Wickliffe, OH, 44092 2298
USA



Press release date: December 14, 2010

CLEVELAND, December 14, 2010 - At today's regular meeting of the board of directors of The Lubrizol Corporation (NYSE: LZ), the board declared a regular quarterly dividend of 36 cents per share payable March 10, 2011, to holders of record at the close of business on February 10, 2011.

About The Lubrizol Corporation

The Lubrizol Corporation (NYSE: LZ) is an innovative specialty chemical company that produces and supplies technologies to customers in the global transportation, industrial and consumer markets. These technologies include lubricant additives for engine oils, other transportation-related fluids and industrial lubricants, as well as fuel additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products and pharmaceuticals; specialty materials, including plastics technology and performance coatings in the form of specialty resins and additives. Lubrizol's industry-leading technologies in additives, ingredients and compounds enhance the quality, performance and value of customers' products, while reducing their environmental impact.

With headquarters in Wickliffe, Ohio, The Lubrizol Corporation owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 6,800 employees worldwide. Revenues for 2009 were $4.6 billion. For more information, visit www.lubrizol.com.

FROM: Financial/Investor Contact Mark Sutherland 440/347-1206 Web Site: www.lubrizol.com

Media Contact Julie Young 440/347-4432
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