WASHINGTON (dpa-AFX) - Albemarle Corp. (ALB), a provider of mobility,
energy, connectivity, and health solutions, announced on Wednesday that it has
priced its previously announced registered public offering of 40,000,000
depositary shares at $50 per share.

In addition, Albemarle granted the underwriters a 30-day option to purchase up
to an additional 6,000,000 depositary shares, at the public offering price.

This reflects an upsizing of the previously announced offering of $1.75 billion
of depositary shares to $2 billion of depositary shares to purchase up to an
additional $262.5 million to $300 million granted to the underwriters.

The net proceeds from the offering, to be closed on or about March 8, will be
around $1.94 billion.

Albemarle intends to use the net proceeds for general corporate purposes.



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