AMCOL International Announces Timetable for Nanocor Spin-Off

16 July 2002

AMCOL International Corp. announced that it intends to spin-off its nanocomposite materials subsidiary, Nanocor, Inc. into an independent company in 2001. The spin-off is subject to final board approval. Larry Washow, chief executive officer and president said, "AMCOL is presently considering various alternatives for funding Nanocor's operations after the spin-off. AMCOL International Corp. produces and markets specialty mineral products used for industrial, environmental and consumer-related applications. The company operates in three industry segments, minerals, environmental and transportation. AMCOL's common stock is traded on the New York Stock Exchange under the symbol "ACO." The company's web site is

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