du pont 2003 10k

DUPONTDUPONT2003 REVIEW

OUR VISION: To be the world’s most

dynamic science company, creating

sustainable solutions essential to a better,

safer, healthier life for people everywhere.

FRONT COVER PHOTOS:DuPont™ SentryGlas® Expressions™ technologybrings more natural daylight and art into kindergarten.

Farmers planting Pioneer® brand corn hybrids won22 of 27 categories in the 2003 National CornGrowers Association Corn Yield Contest.

Analytical chemist Eva Frigge searches for ways to makethe clear topcoat of automotive finishes tougher.

The translucency of DuPont™ Corian® solid surfaces was showcased at the International Furniture Fair in Milan.

Limited combustible cable jacketed with DuPont™Teflon® fluoropolymer makes LAN communicationssystems and data centers safer.

CHAIRMAN’S MESSAGED U P O N T

CHAIRMAN’S MESSAGE

TT hroughout 2003 the ongoingtransformation of DuPont continued at a rapid and

dramatic pace. We launched a “new”DuPont, powered by science andfocused on growth. Our vision is tobe the world’s most dynamic sciencecompany, creating sustainable solutionsessential to a better, safer, healthier lifefor people everywhere. We are intenselyfocused on opportunities that candeliver results in 2004 and 2005 andhelp us achieve our goals of 6 percentannual revenue growth and 10 percentannual growth in earnings.

We made good progress last year.Our sales grew by 12 percent in2003, the biggest annual increase ofthe past 15 years. Some of this wasthe result of the change in value ofthe U.S. dollar, but it was mainlybecause of the hard work of DuPontpeople earning customers’ trust andintegrating recent acquisitions. Wehave made more than 20 acquisitionsin the past two years — nine incountries with emerging economies.As a group they contributed to earnings. The integration of thesenew businesses has proceeded veryeffectively, and DuPont is a strongerand more viable company as a result.

The common denominator in every-thing we do is science. We have 20 global research and developmentcenters. We filed for 1,288 U.S.patents in 2003, up more than 25percent from 2002. A third of thosewere in biotechnology, the balance inchemistry and other areas of science.In 2003, 29 percent of our saleswere from products less than fiveyears old compared to 22 percent in2000. Our 2005 goal is 33 percentand to maintain that into the future.

The purpose of this discovery effortis a steady stream of new productsfor our customers. Among recentproducts resulting from our researchprojects are Zytel® HTN high performance polyamide resins,HyperCure® primers for automobilerefinish, Fodel® silver conductors forplasma television screens, Steward®

and Avaunt® insecticides, and newcomposites and laminates for bodyarmor that provides soldiers withmore protection at reduced weight.These are just a few examples ofhow we offer customers the technicalstrength to answer their questionsand solve their problems. Our marketing is “inbound.” We want to know what customer

needs will be six months, one year, ortwo years from now, and customers’answers provide direction for our scientists and engineers.

We continue to capitalize on thepower of our five growth platforms.We are encouraged by the traction thegrowth platform concept has achievedin terms of collaboration across ourbusinesses and creative solutions forour customers. And we are excitedabout the impact that the growthplatforms will have in the immediatefuture. In 2003 each platform made a significant contribution to ourincreased revenue. Each platform isdemonstrating its ability to grow, tocompete and win globally, and to create opportunities in the near term.

As pleased as we are with thisprogress, there is still enormous benefit to be gained from streamliningand standardizing our processes andby devoting more resources to newproducts and services and in emergingeconomies such as China and Centraland Eastern Europe. We are nowoperating in a very different environment in terms of cost inputs.As a result, we are placing increasedemphasis on margins and on

SELECTED ACQUISITIONS AND ALLIANCES 2002 & 2003

PLATFORM

Agriculture &Nutrition

Electronic &CommunicationTechnologies

Safety &Protection

Coatings & ColorTechnologies

PerformanceMaterials

BUSINESS

Solae, LLC Griffin, LLCShandong Denghai Pioneer Seed Company

ChemFirst, Inc.Merrimac Industries, Inc.Photonics Technologies, LLC

ChemFirst, Inc.Atofina FluorotelomersAntec International

Renpar, S.A.DuPont Red Lion

Eastman LCP and PCT polymer businessWuxi Xingda Nylon Co., Ltd.

REGION

GlobalU.S.China

GlobalU.S.U.S.

U.S.EuropeEurope

S. AmericaChina

U.S.

China

INNOVATION EXAMPLES: NEW PRODUCT COMMERCIALIZATIONS

PLATFORM

Agriculture &Nutrition

Electronic &CommunicationTechnologies

Safety &Protection

Coatings & ColorTechnologies

PerformanceMaterials

PRODUCT

Pioneer® SeedsIndoxacarbImproved soy flavor

Plasma display panel conductorsCyrel®FAST

Clean & DisinfectEnvironmental solutionsNew aramid sheet structures

Artistri™HyperCure™ clearcoatSuper High Solids clearcoat

SentryGlas® PlusZytel® HTN

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distinguishing between commodityproducts and products that cansupport premium prices. Just as webegan in 2002 to revitalize our R&Dprogram, we are similarly beginningto strengthen our marketing and salescompetency across the company.

We are also continuing our progressin productivity. Last year, DuPont SixSigma added more than $700 millionin projects with hard, validated bene-fits for the company. This was a hugeaccomplishment made possible by thenearly 17,000 employees who havetaken Six Sigma training. We currentlyhave more than 2,500 top-line growthprojects. Most of our projects to date have been focused on a specificbusiness or function. We are nowevolving to more enterprise-wideprojects and more “end-to-end” proj-ects that build our process capability.

At DuPont we speak on a daily basisabout our core values: safety andhealth, high ethical standards, environmental stewardship, andrespect for people. I want to emphasizespecifically our commitment to safetywhere we made strong and broadimprovements in our performancelast year. In particular our acquisitionsmade good progress.

In 2003 we received our secondNational Medal of Technology —the highest honor for technological innovation in the United States. Themedal was presented to DuPont byPresident Bush for technology andpolicy leadership in the phaseout andreplacement of ozone-depleting chlorofluorocarbons (CFCs). Earlierin the year, the U.S. EnvironmentalProtection Agency presented itsPresidential Green Chemistry awardto DuPont for our innovation thatuses corn instead of conventionalpetroleum-based processes to produceour latest polymer platform. Forthe second year in a row, DuPont wasnamed Chemical Segment Leader onthe Dow Jones Sustainability Index.

Late last year, we also announced a definitive agreement to sellINVISTA™ to subsidiaries ofKoch Industries, Inc. The sale represents a favorable outcome forthese businesses, which will now beable to realize their potential as partof a company fully committed tothem and the markets they serve. We also announced that we will takeaggressive actions to ensure our globalcompetitiveness as a more focused,science-based company followingthe separation of INVISTA™.

With some of the most fundamentalchanges in our 201-year history moving toward completion, we aremore intent than ever on positioningDuPont for growth. We have talentedpeople, know-how across key markets,and the strong science foundationnecessary for success. We are goingwhere the growth is in terms ofcountries, markets and customers.We want to leverage and focus theentire power of DuPont so customersexperience one company, one brand,and see the full range of offeringsand services we can supply to them.

The impact and challenge ofrapid change is felt most stronglyby DuPont employees, and I am grateful for their flexibility, creativity,and focus. With our customers, our stockholders, and our manyfriends around the world, we lookforward to sustainable growth inthe years ahead.

Chad HollidayChairman & CEOMarch 1, 2004

DUPONTAGRICULTURE & NUTRITION

$5.5 B

DUPONTCOATINGS & COLOR

TECHNOLOGIES$5.5 B

DUPONTELECTRONIC &

COMMUNICATIONTECHNOLOGIES

$2.9 B

DUPONTPERFORMANCE

MATERIALS$5.4 B

DUPONTSAFETY &

PROTECTION$4.1 B

F I V E G R O W T HP L AT F O R M SLarge OpportunitiesStrong CapabilitiesMarket LeadershipSales figures for 2003.

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President George W. Bush presents the National Medal of Technology toDuPont. Chad Holliday accepts.

(dollars in millions, except per share)

OPERATING RESULTS

Net Sales

Income before Cumulative Effect of Changes in Accounting Principles

Net Income (Loss)

Depreciation and Amortization

Capital Expenditures

Research and Development Expenses

FINANCIAL POSITION, YEAR END

Total Assets

Net Debt**

Stockholders’ Equity

DATA PER COMMON SHARE

Income before Cumulative Effect of Changes in Accounting Principles— Diluted

Net Income (Loss) — Diluted

Dividends

Market Price Range

OTHER TOTALS, YEAR END

Average Shares of Common Stock Outstanding (millions)

Employees (thousands)

2003

$26,996

$1,002

$973

$1,584

$1,784*

$1,349

$37,039

$7,106

$9,781

$.99

$.96

$1.40

$46.00-34.71

1,000

81

2002

$24,006

$1,841

$(1,103)

$1,515

$1,416

$1,264

$34,621

$2,689

$9,063

$1.84

$(1.11)

$1.40

$49.80-35.02

999

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CORPORATE HIGHLIGHTSD U P O N T

CORPORATE HIGHLIGHTS

* Includes $334 of assets purchased under the company’s synthetic lease programs

** Net Debt represents borrowings and capital lease obligations less cash and cash equivalents and marketable debt securities, including $189 of net debt from assets and liabilities held for sale at December 31, 2003

This publication contains forward-looking statements based on management’s current expectations, estimates and projections. All statements that address expectations or projections about the future, including

statements about the company’s strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements

may be identified by words like “expects,” “anticipates,” “plans,” “intends,” “projects,” “indicates,” and similar expressions. These statements are not guarantees of future performance and involve a number

of risks, uncertainties and assumptions. Many factors, including those discussed more fully in documents filed with the Securities and Exchange Commission by DuPont, particularly its latest annual report on

Form 10-K and quarterly report on Form 10-Q, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies

and economic conditions, including inflation, interest and foreign currency exchange rates, of countries in which the company does business; competitive pressures; successful integration of structural

changes, including restructuring plans, acquisitions, divestitures and alliances; cost of raw materials, research and development of new products, including regulatory approval and market acceptance; and

seasonality of sales of agricultural products. 4 |

OUR COMPANYD U P O N T

OUR COMPANY

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DuPont is a science company. Our vision is to be the world’s most dynamic science company, creating sustainable solutions essential to a better, safer,healthier life for people everywhere.

We are a company with a clear set of core values that guide everything we do:safety and health, high ethical standards, environmental stewardship, andrespect for people. Customers and consumers everywhere know DuPont throughdaily contact with such trusted brands as Kevlar®, Teflon®, Tyvek® and Corian®

and thousands of other products that touch every aspect of modern life.

Founded in 1802 as an explosives company, our original product was black powderfor guns and blasting. By the end of our first century, DuPont was a leading manufacturer of high explosives and had begun to move into chemical products.

In the 20th century DuPont became a global chemicals, materials and energycompany and deepened its commitment to scientific research. The companymarketed auto paints, moisture-proof cellophane, neoprene synthetic rubber,safety glass, movie and x-ray films, Teflon® fluoropolymers and synthetic fibersevolving from its landmark discovery of nylon.

In our third century of continuous operation, DuPont is a global science company committed to achieving sustainable growth through three strategicpathways: integrated science, knowledge intensity and productivity through Six Sigma. With the anticipated separation of our traditional fibers businessesfrom the company in 2004, DuPont is demonstrating yet again in its history oftransformations that it is prepared to go where the growth is in terms ofresearch, markets, customers and global presence.

The company’s array of products today indeed make life better, safer andhealthier. Pioneer® corn varieties are resistant to herbicides and insects.DuPont™ Pyralux® and Microlux® flexible circuits go into cell phones and laptop computers. DuPont™ SentryGlas® protects and beautifies high rise buildings. Apparel of DuPont™ Tyvek® protective material helps workers perform their jobs safely and efficiently. DuPont™ SupraShield™ premiumclearcoat protects automobiles from scratches, mars and other damage.

With our classical strength in chemistry and engineering, and our world-classcapability in biology, DuPont is the company customers come to whenever science is the solution.

Below top to bottom: DuPont Millsin the 19th Century along theBrandywine Creek. Chemist Julian Hill was on the team thatdiscovered nylon in the 1930s. At the DuPont ExperimentalStation today, molecular geneticistPamela Sharpe works on a bacterium that consumesmethane, a greenhouse gas.

Below top to bottom: DuPont Millsin the 19th Century along theBrandywine Creek. Chemist Julian Hill was on the team thatdiscovered nylon in the 1930s. At the DuPont ExperimentalStation today, molecular geneticistPamela Sharpe works on a bacterium that consumesmethane, a greenhouse gas.

AGRICULTURE & NUTRITIOND U P O N T

AGRICULTURE & NUTRITION

Griffin Acquisition BroadensCrop Protection DuPont growth in crop protectionspecialty markets received a boost in2003 with the acquisition of Georgia-based Griffin Corporation’s 50 percentownership interest in Griffin LLC, thereby making DuPont the sole owner.With a product line especially strongin cotton, fruit, vegetable and profes-sional products, Griffin LLC marketsin more than 80 countries aroundthe world. The Griffin acquisitiongives DuPont five additional manu-facturing sites in North and SouthAmerica.

Strong Product PerformanceContinues at PioneerStrong product performance continues to drive growth aroundthe globe for DuPont subsidiaryPioneer Hi-Bred International, Inc.In the United States, farmers planting Pioneer® brand cornhybrids won 22 of 27 categories inthe 2003 National Corn GrowersAssociation Corn Yield Contest. To bring even more value to its customers, in 2003 Pioneer kickedoff the largest technology launch in its history with 18 new soybeanvarieties and 74 new corn hybridsthat include exciting new options to control pests and weeds.

Strategic Direction: Increasethe quality, quantity and safetyof the global food supply byleveraging DuPont strengths inbiotechnology and our knowledgeof the food value chain.

Core Markets: ProductionAgriculture; Food Processing.

2003 Revenue: $5.5 B

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Spotlight on Science:Samuel Dalmacio and PhilippineResearchers Fight Insect Damageto CornCorn is the Philippines’ second most important food crop. But it’s avulnerable one, as the country alsonourishes a wide variety of ravaginginsects, including the Asiatic cornborer, armyworms and common cutworms. The corn borer is by farthe most serious, causing yield lossrates of up to 80 percent. But thecorn borer could soon be the onelosing, thanks to scientists likePhilippine native Samuel Dalmacio, a plant pathologist with Pioneer Hi-Bred International, Inc. ThePioneer research team in thePhilippines has made tremendousprogress in introducing the latest,highly effective corn borer protectioninto Pioneer® brand hybrids specifi-cally adapted for the Philippines.

Venture Makes The SolaeCompany a Major PlayerDuPont joined forces with BungeLimited’s North American andEuropean ingredients operationsforming a venture that immediatelybecame a major player in the foodindustry. The resulting majority-owned entity had annual revenues inexcess of $800 million in 2003. TheSolae Company focuses on plant-based, specialty foods ingredients,with a particular emphasis on lecithinand soy protein. 8th Continent™soymilk, which was launched in2002 prior to the completion ofthe alliance, was joined in 2003 byV-8 Splash® Smoothies, Nestlé®

SoyPlus and Snapple-A-Day™ asbranded products whose primenutritional value derives fromSolae™ soy ingredients. The SolaeCompany currently does business inmore than 80 countries worldwide, serving more than 3,000 customers.

The global population grows by 200,000 daily. Rapacious insects and weeds confront productive farmland. Deadly pathogens target processed food. In short, the world is full of challenges to its food supply. And, every day, the people of DuPont Agriculture & Nutrition meet those challenges, working to assure that the food supply is sustainable, safe and shielded from natural threats. From the farmer’s field, with products to fight weeds andinsects and seeds to boost farmers’ yields, to the processor’s plant, where technology detects dangerous bacteria, DuPont continually strives to make sure the world’s food is abundant, nutritious and healthful.

BAX® System Adopted by USDA.Brazil, Mexico and China AlsoApprove.The DuPont Qualicon BAX®

System continued making the world’sfood supply safer, gaining approvalby three of the globe’s most populouscountries, as well as the UnitedStates Department of Agriculture(USDA). Brazil, Mexico and Chinaall approved the genetics-basedscreening method, which detects awide variety of pathogens in food,environmental and carcass samples,as well as E. coli bacteria in beef,poultry and pork. The USDAadopted BAX® to detect Salmonellain food plants that process meat andpoultry. The automated system isuser friendly and fits easily onto thelaboratory bench top, as shown hereat the SFDK food analysis laboratoryin São Paulo, Brazil. Tableted PCRreagents, which minimize hands-ontime and provide for long shelf-lifeand consistency, help make theBAX® system easy, quick and cost-effective to use.

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COATINGS & COLORTECHNOLOGIES

D U P O N T

COATINGS & COLORTECHNOLOGIES

New Curing Technology PowersPowder Coatings into FreshApplicationsPowder coating has long provideddurable finishes. But the need tobake powder coatings at high temperatures meant they simplyweren’t practical for many products,such as architectural finishes, officefurniture and bicycles. So DuPontPerformance Coatings introduced anew powder painting process with alow curing temperature, opening upentire new markets. The process alsoallows a one-step application in athick layer for improved efficiency,plus a high curing speed.

Shanghai Technical Service Center Gives Customers “One Stop” ConvenienceIn recognition of the ever-growingimportance of China as a market,DuPont Coatings & ColorTechnologies opened a new techni-cal service center in Shanghai in2003. The 194,000-square-footfacility houses product R&D labsand manufacturing and warehousingfacilities. There’s also space for salesand marketing and technical supportpersonnel. The result is “one-stop”service for customers of DuPont™Ti-Pure® titanium dioxide productsfor coatings, plastic, paper and inks.Opening of the Shanghai Centercoincided with the introduction ofa new range of Ti-Pure® slurryproducts — pre-dispersed pigmentsin solution form, specially designedfor the water-based emulsion paintmarket. The new products will bemanufactured at the Shanghai site.

CollisionMD Streamlines Repairsof Damaged VehiclesDebuting a new consulting offering,DuPont Performance Coatings takesits years of vehicle finishing expertiseinto the body repair business.CollisionMD uses web browser-basedtechnologies to deliver a “start to finish” management system to handlethe progression of collision-damagedvehicles through the repair process.Body shops, insurance companies and,ultimately, consumers will benefitfrom the greater efficienciesCollisionMD brings to body repair andclaims. Shown above taking a laptop“test drive” of the CollisionMD experience are (left to right) NigelGlass, Fleet & Insurance manager,Europe/MEA, DuPont PerformanceCoatings Refinish Systems; andDavid Jones, managing director,Abbey Motors HH Limited.

Strategic Direction: Protect,decorate and add functionalityto a wide variety of surfacesand substrates by developingand providing ingredients, inks,coatings and color technologies.

Core Markets: Automotive;Collision Repair; Paper; IndustrialCoatings; Digital Printing;Architectural Coatings; Plastics.


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Spotlight on Science:Eva Frigge Keeps Auto FinishesShowroom NewFrom the moment a car or truckleaves the factory, its finish facesconstant assault — from the sun, flying gravel, road salt, air pollutionand more. The only protection for the vehicle’s high gloss paint is35 to 55 micrometers of clear topcoat. At the DuPont HerbertsAutomotive Systems lab in Wuppertal,Germany, analytical chemist Eva Friggecontinually searches for ways tomake that topcoat tougher. Herwork led to the development ofDuPont™ ProTect Clear®, offeringa new level of mar and etch resistance.By teaming with colleagues in theresin department, Eva specified anew binder for the clearcoat thatraised hardness while retaining polymer elasticity.

Ever-growing markets in the Asia Pacific region call out for more products, faster service. An automaker must cut production time for popular truck models to meet consumer demand. Body shops and insurance companieslook for guidance in managing collision repairs and getting car owners back behind the wheel faster. DuPontCoatings & Color Technologies responds. Opening a new technical service center in Shanghai. Developing a new process that lays down two tones of truck paint in one pass through the paint booth. And creating a new consulting enterprise that brings DuPont expertise to collision repair. All while earning the Clean Air ExcellenceAward from the U.S. Environmental Protection Agency.

Two-tone Paint Process WinsFord World Excellence AwardFord Motor Company has enjoyedrising demand for its two-tone F-250and F-350 heavy-duty pickup trucks.But two passes through a paint boothand oven dramatically increased production time at the company’sKentucky truck plant. Then DuPontHerberts Automotive Systems, theOEM unit of DuPont PerformanceCoatings, developed a “one-pass”paint process. Using a special secondprimer, the color accent coat isapplied over the wet prime layer whilemaintaining traditional chip and corrosion protection and durabilitycharacteristics. In April of 2003, Fordhonored the painting breakthroughwith its World Excellence Award —Recognition of Achievement. Thisinnovation also won the prestigiousHenry Ford Technology Award.

HyperCure™ Clearcoat is theClear WinnerAutomotive body shops need a fastcuring time for new finishes —but they know that the customerdemands a “like new” appearance.And body shops get both withDuPont™ HyperCure™ clearcoatfinishes, the fastest-drying, bakingand air-dry clears on the market.The production and marketingeffort for HyperCure™ clearcoatfinishes was so outstanding that itgarnered the annual PinnacleAward given by DuPont for mar-keting excellence. Fittingly enough,the award was presented to theteam that developed HyperCure™by four-time NASCAR® WinstonCup Champion Jeff Gordon(fourth from right), who reallyunderstands speed and cars.

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ELECTRONIC & COMMUNICATIONTECHNOLOGIES

D U P O N T

ELECTRONIC & COMMUNICATIONTECHNOLOGIES

Fodel® Products Brighten Picturefor Plasma TVsIn consumer electronics, plasma TVshave been the breakout product ofthe past year. Using a plasma displaypanel (PDP) instead of a traditionalbulky picture tube, big screen imagesas large as 63 inches across can bedisplayed on units less than fourinches deep. DuPont was a teammember from the start ofdevelopment and has played a key role in bringing plasma TVs to market. Today most PDPs useDuPont™ Fodel® photo-imagingproducts to produce the high definition images across such largescreens. As the broadcast and cableindustry increases high definitionprogramming, the appreciation of the picture resolution madepossible by DuPont will becomeeven more important.

Cyrel®FAST Digital SystemIncreases Efficiency, Protects EnvironmentThirty years ago, DuPont introducedthe first photopolymer flexo plate,marking a giant step forward in flexographic printing. The introduction of the DuPont™Cyrel®FAST digital flexographicplatemaking system builds on thislegacy in a dramatic fashion, usinga solventless processing system. It’sgood for the environment becauseCyrel®FAST eliminates chemicalhandling and disposal and greatlyreduces water usage in the printingprocess. It’s also good for customersbecause Cyrel®FAST deliversreduced cycle time, shorter make-ready and greater press productivity.Cyrel®FAST was given a TechnicalInnovation Award from theFlexographic Technical Associationin 2003.

Flex Circuits Answer Call forLighter, More Sophisticated Cell PhonesThe market demands smaller,lighter cell phones. But it wantsthose phones to display graphicsand text with better resolution —in color. This requires placementof driver integrated circuits closeto the liquid crystal display (LCD) to get better refresh speeds andresolution. But conventional adhesive-based, copper-clad laminatecircuits are thick, not flexible,require an additional connectionand aren’t easily installed in smallcell phone cases. DuPont flexiblematerials provide the solution withDuPont™ Pyralux® AC all polyimide laminate, a single-sidedconstruction of polyimide film oncopper foil. Because it requires no adhesive, Pyralux® gives a 20 to 30 percent thinner circuit profile and a lighter weight.

Strategic Direction: Make electronic and communicationdevices faster, smaller and lessexpensive via the strong materialsand technology base of DuPont.

Core Markets: Semiconductors;Printed Circuit Boards andComponents; Communications;Displays and Imaging.


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Spotlight on Science:Wai Mun Lee Cleans the Chips We All Depend OnIntegrated circuits — IC chips — are the tiny brains essential to the per-formance of everything from personalcomputers, cameras and refrigerators,to the airbag in your automobile andthe countless other electronicappliances and digital equipmentconsumers use in daily life. To ensureperformance and reliability, IC fab-ricators must completely remove themicroscopic residues generated duringthe manufacturing process. ResearchExecutive Wai Mun Lee revolutionizedthe cleaning of ICs with the development of EKC PlasmaSolv®

cleaning technology enabling IC fabricators to reliably clean their mostadvanced current and future designs.This technology is widely adopted asthe standard cleaning process by ICmanufacturers to clean their chips andkeep a myriad of electronic devicesoperating smoothly and dependably.

Information flies around the world at an ever faster pace and volume, requiring ever-more sophisticated technologies to carry the load. Miles of computer network cabling lie vulnerable to fire and smoke damage that can cripple communications.The printing industry strives to lessen its dependence on chemical solvents. DuPont Electronic & CommunicationTechnologies provides the answers. DuPont-enabled circuitry makes communications mobile, driving cell phones and laptops. Computer cabling jacketed with DuPont™ Teflon® resin prevents wiring from fueling office fires. DuPont™ Cyrel®FASTrevolutionizes printing with a solventless methodology. The demands placed on technology and communication increasedaily. DuPont Electronic & Communication Technologies answers those demands worldwide.

LCC Cabling GuardsCommunications Equipment...and LivesCommunications cabling is the nervecenter of the modern office. But iffire breaks out, conventional cablingcan become deadly, emitting a thick,black oily smoke and serving as amajor fuel source. To make LANcommunications systems and datacenters safer, DuPont developed limited combustible cable (LCC)jacketed with DuPont™ Teflon®

fluoropolymer. LCC with Teflon®

has considerably less potential forignition, flame spread and smokegeneration. Fire tests at the BritishResearch Establishment/Fire ResearchStation in Bedford, England, showedthat LCC produced virtually no smokeand would not self-sustain a flame.

ChemFirst Acquisition AcceleratesCreation of IC Materials When DuPont acquired ChemFirst,Inc. and its two semiconductor fabrication businesses in late 2002,the company’s reach into this criticalelectronics sector immediatelyincreased. The company’s businessesthat serve this market were fullyintegrated in 2003 and now offer an expanded portfolio of highlyengineered and differentiated materialsincluding Zyron® electronic gases, for advanced integrated circuit manufacturing. Propelled by thedesires of businesses and consumersto have smaller, faster and lessexpensive computers, cell phonesand other electronics, DuPont will meet the need for ever-morecomplex integrated circuits.

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PERFORMANCE MATERIALSD U P O N T

PERFORMANCE MATERIALS

HPF Polymer Suits Wilson,Dunlop Golf Balls “To a Tee”For a golf ball to go farther, it has to get off the tee faster. Andvelocity is just what Wilson TrueTour Elite and Wilson True Tour Vballs deliver, thanks to DuPont HPFpolymer. According to Wilson, it’s“…the highest velocity compoundever used in a golf ball.” Dunlopbrand premium golf balls now arealso made with DuPont HPF.

Zytel® HTN is at Home on theRange...and the Wheelcover...the Lighting Fixture... the Plumbing Trim...2003 saw the introduction of newplatable grades of DuPont™ Zytel®

HTN high performance polyamideresins as an alternative to platedmaterials in situations where otherplatable plastics can’t do the job. For example, knobs and trim onkitchen ranges need stiffness and the strength to stand up to elevatedtemperatures — characteristics ofZytel® HTN. These characteristicsalso make Zytel® HTN a perfectalternative for automotive parts,such as wheelcovers, that have toresist brake heating. Other potentialapplications include lighting components, plumbing trim andbreak-resistant window handles.Because molded plastic parts ofplated Zytel® HTN require no costly finishing steps, they are moreaffordable for manufacturers thanmetal. And they offer both cost andperformance advantages over otherpremium-performance platable plastics, such as electroless-plating,on the industry’s existing plating lineswithout additional pre-treatment orspecial chemicals.

Strategic Direction: Meet the world-wide demand for more productive,high performance polymer materials, systems and solutionsthrough DuPont expertise intechnology and materials science.

Core Markets: Automotive;Electrical and Electronics;Packaging; Construction;Consumer Durables.


Principal Architect: Bohlin Cywinski Jackson Photograph © Peter Aaron/ Esto

SentryGlas® Plus Makes aStunning Impression for Apple in the Big AppleThe fashionable SoHo section ofNew York is the setting for AppleComputer’s first major retail store.But among all the high-tech offer-ings, there’s nothing more dazzlingto the eye than the 15-foot glassstairway that climbs, with no visiblemeans of support, to an upper levelglass landing and bridge. Fabricatedby Depp Glass, Inc. of Long Island,the secret to the stairway’s strengthand stability is a DuPont™SentryGlas® Plus ionoplast interlayer.The stairway treads in the Applestore are each composed of two sheetsof SentryGlas® Plus, alternatingwith three layers of glass. Theresult is a composite that lookslike one solid block — and makesone stunning impression.1 2 |

Spotlight on Science:Donna Visioli Packages Solutionsfor Grocers, ShoppersEvery grocery shopper knows manu-facturers want to make packagingeyecatching. But it’s even better whenthat packaging is both pleasing toyour eye and protects the productsand your health. That’s what drivesthe work of Donna Visioli, a seniortechnical programs manager withDuPont Packaging Solutions.Donna and the Packaging Solutionsteam developed packages thatsecurely seal fresh meat, while allowing oxygen in, so the temptingred color is preserved. Because suchpackaging cuts handling by grocersand suppliers, it may help reduce the 76 million cases of foodborneillnesses the United States has annually. And another of PackagingSolutions breakthroughs is sure toplease “on-the-go” consumers. It’sthe DuPont™ Cool2Go™ insulatedbeverage label, which keeps drinkscold up to twice as long as regularcans and bottles.

The supply and environmental impact of fossil fuel consumption calls for new approaches to automotive engineering.Architects and engineers strive to combine safety with aesthetics. Manufacturers look for durable, heat-and-oil-resistant alternatives to metals. DuPont Performance Materials finds solutions. In 2003, DuPont provided materialsand knowledge to further the entry of hybrid electric vehicles into the marketplace. DuPont™ SentryGlas®

Expressions™ gave protective laminated glass a new level of design chic. And DuPont™ Zytel® HTN resinsoffered strength and heat resistance for everything from stove knobs to automotive wheelcovers. All with the high level of performance customers have come to expect from DuPont Performance Materials.

Operations, Business AlliancesExpand in ChinaDuPont Performance Materials grewin China by nearly 30 percent in2003. Spurred by the prospect ofcontinuing growth, DuPont beganconstruction on an expandedDuPont™ Zytel® nylon resin com-pounding unit and a production unitfor DuPont™ Bynel® and Appeel®

resins in Shenzhen. DuPont HongjiFilms Foshan Co. Ltd., a joint venturebetween DuPont Teijin Films ChinaLtd. and Foshan Plastics Group Co.Ltd., began production on a new thickfilm line in Foshan for the Chinesedomestic market. To meet ever grow-ing commercial and consumer needs,Engineering Polymers and WuxiXingda Nylon Company announcedtheir intent to form a joint ventureto produce and distribute filamentsfor toothbrushes, and paint, cosmeticand industrial brush applications.

Driving Electric Vehicles into the MainstreamNot long ago, the “electric car”was the stuff of science fiction.But diminishing fossil fuel suppliesand the need to improve air qualityhave made electric hybrid vehicles(EHV) the stuff of fact. Toyotaand Honda sold 90,000 such cars worldwide in 2003. DuPontPerformance Materials is leading the way in this automotive evolution by providingthe materials critical to operating avehicle with the 42-volt or higherelectrical power plant. DuPontofferings of crystalline engineeringthermoplastics, along with microcircuit materials, flexible circuit materials and performancecoatings, are helping automakersshed weight while increasing safety.And as proof of the DuPont commitment to EHVs and theirbenefits to the environment, thecompany will add 20 hybrid vehiclesto its corporate fleet in 2004. | 1 3

SAFETY & PROTECTIOND U P O N T

SAFETY & PROTECTION

Corian® Shines Brightly in Milan;Makes a Splash in Orlando

Disaster Recovery Firm Gears Up to Fight Against MoldFor homeowners and building managers, no four-letter word createsmore fear than “mold.” In the past fewyears, indoor mold contamination—and its financial and physical conse-quences—has caught the attention of the media, the public and the medical community. Overcoming thatcontamination is a primary service of anationwide firm based in Fort Worth,Texas. BMS Catastrophe (BMS CAT)was formed in 1981 to restore build-ings following fires and floods. By2003, however, more than 50 percentof the company’s business was devotedto mold remediation. And because of the potential harm that could becaused to its employees by mold expo-sure, BMS CAT is devoted to usingprotective gear made of DuPont™Tyvek.® According to Charlie Cook,BMS CAT Director of EnvironmentalRemediation, “In order to performour job safely and efficiently, we needto use a durable and reliable product.We’ve found that DuPont™ Tyvek®

is more durable and lighter in weightthan other products on the market.”

Antec Acquisition Strengthens Biosecurity OfferingsBuilding on its demonstratedexpertise in protecting the globalenvironment from the threat ofdisease, DuPont strengthened itsbiosecurity portfolio in 2003 with the acquisition of AntecInternational. Antec products areused worldwide to protect the foodsupply from viruses such as Footand Mouth Disease (FMD). Andin the winter of 2002-2003, Antecwas a leader in helping the cruiseindustry overcome the illness-causingNorwalk-like virus. The acquisitionis the culmination of a 15-yearrelationship, during which DuPontwas the supplier of the activeingredient in many Antec products.During the worldwide outbreak ofFMD in 2001, DuPont and Antecworked closely together to produceadditional supplies of Antec’sVirkon® S and deliver them tomore than 100 nations facing thedevastation of their livestock.

Strategic Direction: Protect people, property, operations andthe environment worldwide byextending the company’s know-ledge, technology and experienceto deliver solutions for a safer life.

Core Markets: Construction;Manufacturing; Consumers;Federal and Local Governments;Medical; First Responders.


Three internationally renowneddesigners opened up dramatic newpossibilities in “De-Lighted byCorian®,” a unique event at theInternational Furniture Fair in Milan,Italy, in April 2003. The translucencyof DuPont™ Corian® solid surfaceswas showcased in a variety of ways,from James Irvine’s ergonomic circular bar where lights changed inunison, to Ross Lovegrove’s canyon-like installation of multi-coloredcarved Corian®, to Marc Newson’s“forest” of lamp sculptures (shownabove). As a whole, the exhibitionexplored the translucency of Corian®

on a grand scale. And April 2003also saw the launch of Corian® Bas-Relief panels at the Kitchen and BathIndustry Show in Orlando, Florida.Now consumers can personalize theirhomes with backsplashes and verticalapplications featuring Corian® withunique textures and patterns. 1 4 |

Spotlight on Science:Minshon Chiou Protects the Officers Who Protect UsProtective vests are proven to save the lives of law enforcementpersonnel. But only 55 percentstrap on their vests day-in-and-day-out, citing lack of comfort.Minshon Chiou is out to makethose officers more comfortable —and safer. At the Spruance site inRichmond, Virginia, he developsnew safety and protection applicationsfor DuPont™ Kevlar® brand fiber.Minshon and his team have developed DuPont™ Kevlar®

Comfort XLT™ Technology,which will deliver markedly betterballistic performance enabling avest weight reduction of at least 25 percent. With lighter gear, officers in the future should put on their vests as often as they puton their badges.

High velocity storms rampage through coastal regions. Emergency responders and military troops operate in dangerous environments. DuPont Safety & Protection is there, in the field. Working against the deadliest byproductof tornadoes and hurricanes — airborne debris — DuPont Safety & Protection develops the StormRoom™, capableof deflecting a 15-pound two-by-four. Around the globe, DuPont™ Kevlar® and Nomex® brand fibers help protectpolice officers, firefighters and military personnel. And suits of DuPont™ Tyvek® guard skilled technicians as theylabor to free homes and offices from deadly mold. In a dangerous world, DuPont Safety & Protection is devoted toshielding people and saving lives.

StormRoom™ with Kevlar® Debutsas First Line of Home DefenseWhen a tornado strikes, the biggestthreat to human life isn’t the funnelcloud itself — it’s the windbornedebris the cloud sucks up and throwsout as it spins across the countryside.A two-by-four piece of buildingtimber from a damaged or destroyedstructure, when propelled by a tornado’s 250-mile-per-hour winds,can hit with devastating force. Tohelp people during these natural disasters, DuPont Safety &Protection developed the DuPont™StormRoom™ with Kevlar®, a residential in-home storm shelter.The key to the strength of theStormRoom™ is the Kevlar®

sheathing that is inside reinforced wallpanels. A series of tests conductedby an independent laboratoryshowed that the storm room’s engineered panels could deflect a12-foot, 15-pound two-by-four shot from a cannon. In new home construction, the storm room caneasily be integrated into the overalldesign and even fitted with plumbingand electricity in addition to ventila-tion. Installed by an authorizedbuilding professional, the DuPont™StormRoom™ also can be addedto a new or existing garage with aslab concrete floor.

DuPont Safety Resources DigsDeep to Boost Mine Safety inSouth AfricaWhen South Africa’s mammothPalabora copper mine began transforming from an open-pit to an underground operation, a large number of outside contractors werebrought in during construction —contractors whose devotion to safetydid not equal Palabora’s own. Theresult was a gradual spike in injuries,especially among contractor personnel.So the mining company turned toDuPont Safety Resources (DSR) tohelp inculcate a new culture of safety.Beginning in 1999, DSR auditedworker behavior, got employeesinvolved in striving for a reduction ininjuries and helped Palabora launch a system of safety accreditation for outside contractors. By May 2003,the injury frequency rate at the minewas half of what it had been at thestart of DSR’s engagement, thanks tothe commitment of Palabora’s managers, workers and contractors. | 1 5

A collaborative group led byDuPont and including scientistsfrom the Massachusetts Institute ofTechnology and the University ofIllinois discovered a way to useDNA to sort carbon nanotubes.Carbon nanotubes possess excellent electrical properties that make them potential buildingblocks in a broad range of nanotechnology-related electronicapplications, including medicaldiagnostic devices and mini-transistors. When fabricated, carbon nanotubes of different electronic types randomly clumptogether. The ability to sort andassemble carbon nanotubesallows for uniform conductivity —enabling the applications to berealized. This discovery wasnamed one of the “Top 5 NanotechBreakthroughs of 2003” byForbes/Nanotech Report.

DuPont and the U.S. Department of Energy’s National RenewableEnergy Laboratory (NREL)announced a joint research agreement leading toward thedevelopment of the world’s firstintegrated “bio-refinery” that usescorn or other renewable resources— rather than traditional petro-chemicals — to produce fuels andvalue-added chemicals. DuPontand the NREL will develop, buildand test a bio-refinery pilotprocess that will make fuels andchemicals from the entire cornplant — including the fibrousmaterial in the stalks, husks, andleaves, and the starchy material in the kernels.

2003 HIGHLIGHTSD U P O N T

2003 HIGHLIGHTS

DuPont announced that it will construct a $15 million corporateresearch and development facilitynear Shanghai to support growth inthe Asia Pacific region. Globally,DuPont has more than 75 R&Dfacilities with more than 40 in theUnited States and more than 35 in11 other nations. The ShanghaiR&D center will be the third majorresearch facility for DuPont outsidethe United States. The others arein Switzerland and Japan. TheShanghai center will accommodateup to 200 scientists and will includelaboratories, offices and high-ceilingprocess bays for product applicationand development.

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D.S. Kim, president, DuPontEast Asia, participates in a ceremonial ground-breaking for the ShanghaiR&D center.

D.S. Kim, president, DuPontEast Asia, participates in a ceremonial ground-breaking for the ShanghaiR&D center.

DuPont was selected as a foundingpartner of the Institute for SoldierNanotechnologies, which officiallyopened its 28,000-square-footresearch and development facilityat the Massachusetts Institute ofTechnology in May 2003. The insti-tute will serve as the U.S. Army’scenter of expertise in the applicationof nanotechnology to increase theprotection and survivability of soldiers. DuPont participated inthe initial proposal for the instituteand was selected as a foundingindustrial partner. DuPont isexploring nanotechnology anddeveloping protective lightweightmolecular materials to equip soldiersof the future with uniforms andgear that help protect them, shieldthem and heal them in the field.

DuPont became a charter member of the Chicago ClimateExchange, a voluntary cap-and-trade program for reducing andtrading greenhouse gas emissions.Members of the Chicago ClimateExchange make a commitment to reduce their emissions of greenhouse gases by 4 percentbelow the average of their 1998-2001 baseline by 2006.

DuPont announced that Finish Line Technologies, the maker ofmulti-purpose aerosol lubricants,is the first licensee in a focusedeffort to increase consumer preference for science-basedproducts sold under the DuPontbrand. Consumer products soldunder the DuPont brand extend the promise that DuPont scienceand innovation help make livesbetter, easier and safer. The jointdevelopment of high-performanceproducts between DuPont andFinish Line is an example of theDuPont approach to bringing science and improved technologyto consumer markets. The newDuPont lubricants offer a range ofattributes including self-cleaningtechnology, superior corrosionresistance and maximum waterrepellency and lubrication efficiency.

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CORE VALUESD U P O N T

CORE VALUES

T

S A F E T Y A N D H E A LT H

prevention programs. OccupationalHazards magazine named DuPontone of the safest industrial companies.Almost half of the companiesnamed to the list were customersof our Safety Resources business.

While our total off-job lost dayinjuries improved year-over-year,10 employees lost their livesthrough tragic accidents away from work, mostly while drivingautomobiles and motorcycles. This is unacceptable and weincreased our emphasis on safe driving. Our incident performance (major safety, healthand environmental incidents)dropped from four in 2002 to threein 2003.

The efforts to strengthen the security of our people, facilities,distribution channels and information systems continuedwith self-assessments and upgrades

E N V I R O N M E N TA LS T E W A R D S H I P

404550

0

1995 1996 1997 1998 1999 2000 2001 2002 2003

5101520253035

MAJOR SAFETY, HEALTH AND ENVIRONMENTAL INCIDENTS

A major safety, health and environmental incident is a significantfire, environmental, process or transportation incident.

T hroughout its history,DuPont has been guided by a well-defined set of core

values that have remained constantas DuPont grew from its origins as an explosives company to theglobal science company it is today.Safety and health, environmentalstewardship, high ethical standardsand respectful treatment of peopleremain the values of DuPont. They are practiced everywhere thecompany does business. All ouroperations around the world areheld to the same standards.

S A F E T Y A N D H E A LT HDuring 2003, our safety andhealth performance improved overall with a double-digit reductionin employee injury rates and modest improvement in contractorrates. We also continued to makesignificant progress in reducing the incidence of soft tissue injuriesthrough early detection and

consistent with the AmericanChemistry Council’s ResponsibleCare® requirements.

E N V I R O N M E N TA LS T E W A R D S H I PYear-over-year environmental performance showed generallysmall changes in waste and emissions as production rebound-ed. Some increased — greenhousegas emissions were up 2 percent. Others decreased — air carcino-gens were down 8 percent.Compared to our 1990 base year,global air carcinogens are down 92 percent, global air toxics aredown 75 percent, global hazardouswaste on a dry basis is down 44 percent, and global greenhousegas emissions, on a CO2-equivalentbasis, are down 67 percent. Thishas been accomplished during aperiod when production grew byalmost 30 percent.

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We continue to support the development of responsible publicpolicy and market-based tradingsystems to encourage reduction ingreenhouse gas emissions. In the United States, we donated 44,000metric tons of reductions from one ofour U.S.-based manufacturing sitesto the Leonardo Academy’s Cleanerand GreenerSM program to be per-manently retired to help offsetemissions associated with severalconferences and meetings. Webecame a charter member of theChicago Climate Exchange andparticipated in its first auction.

Our total global energy use is now9 percent below our 1990 basewith cumulative savings in the past 12 years of almost $2 billion.We have 2 percent of our globalenergy supply based on renewablesand expect to be at 5 percent by 2005 and 10 percent by 2010.

E T H I C S

DuPont Taiwan sponsored the KiteExhibition of the Flight Festival ofthe National Science & TechnologyMuseum in Kaohsiung, Taiwan —one of the largest science museumsin the Asia Pacific region. Taiwan educational leaders use kites asan example of melding physics,arts and crafts, and sports. Manyof the kites used at the festivalwere made of DuPont™ Tyvek®.

200

250

0

1990 1996 1997 1998 1999 2000 2001 2002

50

100

150

GLOBAL GREENHOUSE GAS EMISSIONS

Data indicate a 67% reduction of greenhouse gas emissions (Kyotobasket of gases) on a billion-pound basis since 1990, surpassing theDuPont goal to achieve a 65% reduction (Kyoto basis) by the year 2010.

Our sources will include hydroelectric,landfill gas, biomass and possiblywind power. To encourage thedevelopment of cost competitiverenewable energy sources by energyproviders, we have participated with the World Resources Institute’sGreen Power Market Development Group and will purchase about onepercent of global energy needs as“green tags” generated from newbiomass facilities.

In 2003, we generated 15 percent ofglobal revenues from non-depletableresources including agriculturalfeedstocks, technology, knowledgesales and service. Our goal is toachieve 25 percent by 2010.

E T H I C SWe are continually looking forways to strengthen our ethics corevalue, especially in light of society’sintensified scrutiny of corporategovernance and business practices.

DuPont Taiwan sponsored the KiteExhibition of the Flight Festival ofthe National Science & TechnologyMuseum in Kaohsiung, Taiwan —one of the largest science museumsin the Asia Pacific region. Taiwan educational leaders use kites asan example of melding physics,arts and crafts, and sports. Manyof the kites used at the festivalwere made of DuPont™ Tyvek®.

| 1 9

The 2003 PriceWaterhouseCoopers/Financial Times “World’s MostRespected Companies” surveyranked DuPont 9th globally in thecategory of “Integrity.” One CEO survey respondent cited DuPont as “ethical, above board.”

R E S P E C T F O R P E O P L EAbove left: To give children a tasteof life as a first responder, DuPontworked with police officers, fire-fighters and emergency medicaltechnicians in five cities to mountthe DuPont Search for Tomorrow’sHeroes competition. In the competition, the children had achance to wear child-sized versions of protective gear madefrom DuPont™ Kevlar® andDuPont™ Nomex® brand fibers.

Above right: To support its ongoingcommitment to education, DuPontprovided school supplies to morethan 9,000 students entering thefirst grade in a Delaware publicschool in September 2003. Eachstudent received a backpack containing a pencil case, pencils,scissors, crayons, a glue stick,composition book and an eraser.

Above left: To give children a tasteof life as a first responder, DuPontworked with police officers, fire-fighters and emergency medicaltechnicians in five cities to mountthe DuPont Search for Tomorrow’sHeroes competition. In the competition, the children had achance to wear child-sized versions of protective gear madefrom DuPont™ Kevlar® andDuPont™ Nomex® brand fibers.

Above right: To support its ongoingcommitment to education, DuPontprovided school supplies to morethan 9,000 students entering thefirst grade in a Delaware publicschool in September 2003. Eachstudent received a backpack containing a pencil case, pencils,scissors, crayons, a glue stick,composition book and an eraser.

We strengthened our commitmentto openness and transparency andnow have financial, societal andenvironmental data reportedaccording to the Global ReportingInitiative. We also introducedLegalEagleSM, a new online trainingprogram to enhance our employees’understanding and awareness oflegal issues and business conductconcerns.

We continue to engage and seekadvice and counsel from leadersaround the world. We have completed four years with ourBiotechnology Advisory Panel. With its assistance, we recently havedeveloped a set of bio-ethics prin-ciples to guide our developmentand commercialization of newproducts. In addition, we have ini-tiated a Health Advisory Board tohelp us shape our growth plans in the huge and diversehealth care field. Our manufacturingsites around the world continuewith their decade-long practice ofcommunity interaction and advisorypanels, and DuPont Canada initiateda Sustainable Growth AdvisoryPanel this year.

R E S P E C T F O R P E O P L ERespectful treatment of people hasbeen central to the culture ofDuPont since the founding of thecompany. This extends not only toemployees, but to all people. Forexample, in 2003, we adopted corporate policies regarding childand forced labor. These policies areglobal requirements for all DuPontoperations and suppliers.

We ran a successful pilot inMexico to identify business projects to meet important needsin the middle and bottom of theeconomic population, and plan toextend this process to Asia andSouth America in 2004. We alsoagreed to fund a three-year projectwith A Harvest Foundation inAfrica to help lift about 10,000families out of poverty throughtraining in sustainable farmingmethods.

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DUPONT LAND LEGACYDUPONT LAND LEGACYDuPont has been a property owner since 1802, when company founder E.I. du Pontbought 65 acres of land for his black powder mills on the banks of the BrandywineRiver in Delaware.

During the more than two centuries of continuous operations that followed, thecompany acquired tens of thousands of acres more on which to site its plantsand offices around the world. Through the years, significant parcels in the company’s holdings went undeveloped or remained in the company’s possessionafter the company ceased operations on or near them. Left undisturbed, manythousands of acres became prime natural areas and exceptional candidates forpreservation. In 1994, DuPont formally instituted the DuPont Land LegacyProgram to review these properties and recommend which should be protected.

Since its inception, DuPont Land Legacy has permanently protected nearly 34,000acres of land. Some of the company’s most significant land donations include the1,000-acre Willow Grove Lake site donated in 1994 to The Nature Conservancy ofNew Jersey and 7,700 acres of forest near Brevard in western North Carolinadonated in 1996 to The Conservation Fund and now part of DuPont State Forest.

In 2003 DuPont donated nearly 16,000 acres of company-owned land adjacentto the Okefenokee National Wildlife Refuge in the state of Georgia to TheConservation Fund. DuPont acquired the land in 1991 and 1996 with the intentto mine titanium ore safely and in an environmentally sound manner from thesite. In light of public concerns about the project, DuPont announced in 1997that it would defer activities related to the proposed surface mining operationand explore options for the property.DuPont established a CollaborativeProcess Core Group of local communityofficials; local NGOs; landowners; mining,tourism and wood fiber interests; electedofficials and Native Americans. The donation represented a culmination of that process and a cooperative effortamong DuPont, The Conservation Fund and International Paper.

Below left: The Okefenokeeswamp in Georgia is an ecologicaltreasure of global importance with world-class wetlands andmagnificent forestland.

Below right: DuPont State Forestin North Carolina contains fourmajor waterfalls on the Little River,and several smaller waterfalls onthe Grassy Creek.

| 2 1

Below left: The Okefenokeeswamp in Georgia is an ecologicaltreasure of global importance with world-class wetlands andmagnificent forestland.

Below right: DuPont State Forestin North Carolina contains fourmajor waterfalls on the Little River,and several smaller waterfalls onthe Grassy Creek.

BOARD OF DIRECTORSD U P O N T

BOARD OF DIRECTORSAudit CommitteeCharles M. Vest (Chair)Curtis J. CrawfordDeborah C. HopkinsH. Rodney Sharp, III

Compensation CommitteeLois D. Juliber (Chair)Alain J. P. BeldaH. Rodney Sharp, III

Corporate Governance CommitteeCurtis J. Crawford (Chair)Edward B. du PontWilliam K. Reilly

Environmental Policy CommitteeWilliam K. Reilly (Chair)Louisa C. DuemlingGöran LindahlMasahisa Naitoh

Strategic Direction CommitteeCharles O. Holliday, Jr. (Chair)Alain J. P. BeldaRichard H. BrownLois D. JuliberGöran Lindahl

Louise B. LancasterDirector — Corporate Governance,Corporate Secretary, Secretary toCorporate Governance, Environmental Policy and Strategic Direction Committees

Mary E. BowlerCalissa W. BrownSteve C. CozamanisDonald P. McAvineyPeter C. MesterAssistant Secretaries

Veronica A. DemuratAssistant Secretary, Secretary to Audit andCompensation Committees

CHARLES O. HOLLIDAY, JR.Chairman of the Board and Chief ExecutiveOfficer

ALAIN J. P. BELDAChairman and Chief Executive Officer, Alcoa Inc. (producer of aluminum and alumina)

RICHARD H. BROWN

CURTIS J. CRAWFORDPresident and Chief Executive Officer,XCEO, Inc. (consulting services)

LOUISA C. DUEMLING

EDWARD B. DU PONT

DEBORAH C. HOPKINSChief Operations and Technology Officer,Citigroup, Inc. (diversified financial services company)

LOIS D. JULIBERChief Operating Officer, Colgate-PalmoliveCompany (consumer products company)

GÖRAN LINDAHLCo-Chairman, Nanomix, Inc. (a developer of products made from nanoscale materialsand components)

MASAHISA NAITOHChairman and Chief Executive Officer, The Institute of Energy Economics, Japan

WILLIAM K. REILLYPresident and Chief Executive Officer, AquaInternational Partners, LP (finances watersupply and wastewater treatment in developing countries); Former Administrator,U.S. Environmental Protection Agency

H. RODNEY SHARP, I I I

CHARLES M. VESTPresident, Massachusetts Institute of Technology

Charles O. Holliday, Jr.

Alain J. P. Belda

Richard H. Brown

Curtis J. Crawford

Louisa C. Duemling

Edward B. du Pont

Deborah C. Hopkins

Lois D. Juliber

Göran Lindahl

Masahisa Naitoh

William K. Reilly

H. Rodney Sharp, III

Charles M. Vest2 2 |

CORPORATE DIRECTORYD U P O N T

CORPORATE DIRECTORYTony L. ArnoldPresident & CEOThe Solae Company

Roger W. ArringtonVice President & Assistant General Counsel

David G. BillsVice President & General ManagerDuPont Displays and DuPont Fluoroproducts

Craig F. BinettiVice President & General ManagerDuPont Packaging & Industrial Polymers

James C. Borel *Senior Vice President DuPont Global Human Resources

Serge Y. BorlozVice PresidentDuPont Transformation

Jane D. BrooksVice PresidentDuPont Marketing Services

Terry CaloghirisVice President & General ManagerDuPont Engineering Polymers

Walt ChengPresident — DuPont Taiwan

Uma ChowdhryVice PresidentDuPont Central Research & Development

Jeffrey A. CoeVice President DuPont Global Sourcing & Logistics Chief Procurement Officer

James C. CollinsVice President & General ManagerDuPont Crop Protection

Thomas M. Connelly, Jr. *Senior Vice President, Chief Science & Technology Officer

Morris CranorVice President — OperationsINVISTA™

Edward J. DonnellyGroup Vice PresidentDuPont Coatings & Color Technologies

Nicholas C. FanandakisVice President & General ManagerDuPont Chemical Solutions Enterprise

Kathleen H. ForteVice PresidentDuPont Global Public Affairs

J. Erik FyrwaldGroup Vice President DuPont Agriculture & Nutrition

William GhitisVice President & General ManagerINVISTA™ Apparel

Robert E. GiblinVice President DuPont Business Finance

Tom D. Gill, Jr.Vice PresidentEngineering Polymers

Richard R. Goodmanson *Executive Vice President & Chief Operating OfficerChairman – INVISTA™

Barry M. GrangerVice President & General ManagerDuPont Imaging Technologies

Ann K. M. GualtieriVice PresidentDuPont Investor Relations & DuPont Corporate Plans

Diane H. GulyasGroup Vice PresidentDuPont Electronic & Communication Technologies

William J. HarveyVice President & General ManagerDuPont Advanced Fiber Systems

John W. HimesSenior Vice PresidentDuPont Corporate Strategy

John C. Hodgson *Executive Vice President & Chief Marketing & Sales Officer

Charles O. Holliday, Jr. *Chairman & Chief Executive Officer

John P. JessupVice President & Treasurer

Nancie S. JohnsonVice PresidentDuPont Government Affairs

W. Donald JohnsonGroup Vice PresidentDuPont Global Operations

Jeffrey L. KeeferGroup Vice President DuPont Performance Materials

D. S. KimPresidentDuPont East Asia

Ganesh M. KishoreVice President — TechnologyDuPont Agriculture & Nutrition

Akio KobayashiPresidentDuPont K.K.

Ellen J. KullmanGroup Vice PresidentDuPont Safety & Protection

Don R. LinsenmannVice President Strategic Accounts & Six Sigma

Willie C. MartinPresident — U.S. RegionVice President — DuPont Diversity & Worklife

Marshall G. McClureVice PresidentTax

Marty M. McQuadeVice President & General ManagerDuPont Herberts Automotive Systems

Eric G. MelinVice President & General ManagerDuPont Refinish Systems

David B. MillerVice President & General ManagerDuPont Electronic Technologies

James E. MillerVice PresidentCrop Genetics Research & Development

Stacey J. Mobley *Senior Vice President,Chief Administrative Officer & General Counsel

Douglas L. MooreVice President & General ManagerDuPont Advanced Coatings Systems

Douglas W. MuzykaVice President & General ManagerDuPont Nutrition & HealthPresident & CEO — DuPont Canada

Craig G. NaylorGroup Vice PresidentDuPont Asia Pacific

Dean C. OestreichVice President & General Manager — DuPontPresident — Pioneer Hi-Bred International, Inc.

Richard C. OlsonVice President & General ManagerDuPont Surfaces

Harry ParkerVice PresidentDuPont Sales Effectiveness

Gary M. Pfeiffer *Senior Vice President & Chief Financial OfficerPresident — INVISTA™

James B. Porter, Jr.Vice PresidentDuPont Engineering & Operations

E. James PrendergastVice President & Chief Technology OfficerDuPont Electronic & Communication Technologies

John P. RanieriVice PresidentDuPont Bio-Based Materials

Robert R. RidoutVice PresidentDuPont Information Technology & Chief Information Officer

Thomas L. SagerVice President & Assistant General Counsel

Sam W. SeveranceVice President & General ManagerDuPont Titanium Technologies

Francine C. ShawVice President DuPont Corporate Operations

Daniel B. SmithVice President & Controller

Susan M. StalneckerVice PresidentDuPont Government &Consumer Markets

Paul V. TeboVice PresidentDuPont Safety, Health & Environment

Henrique UbrigPresidentDuPont India & Pakistan

Mark P. VergnanoVice President & General ManagerDuPont Nonwovens

Henry B. VoigtVice Chairman & Chief Operating OfficerDuPont Teijin Films

Mathieu VrijsenPresidentDuPont Europe, Middle East & Africa

Kenneth W. WallVice President & General ManagerINVISTA™ Intermediates

Eduardo W. WanickPresident — DuPont Latin America

Linda B. WestVice President & General Auditor

Alan S. WolkVice President & General ManagerINVISTA™ Interiors & Industrial

* Member, Office of the Chief Executive

March 1, 2004| 2 3

DUPONT FELLOWS DUPONT FELLOWS R E C O G N I Z E D L E A D E R S I N T H E I R R E S P E C T I V E F I E L D S

CONTACT INFORMATIONCONTACT INFORMATION

2 4 |

Individuals who are renowned for techno-logical expertise in their respective fields,for their professional leadership, and fortheir role as mentors.

BRUCE CHASEDuPont Central Research & DevelopmentAnalytical Chemistry and MolecularSpectroscopy

EDWARD DEYRUPDuPont Packaging & Industrial PolymersNew Products and Processes

VLODEK GABARADuPont Advanced Fiber SystemsNew Products and Processes for HighPerformance Fibers

ISIDOR HAZANDuPont Performance CoatingsStrategic Research involving the development of new Automotive Topcoat Technologies

LEO E. MANZERDuPont Central Research & DevelopmentCatalysis and Process Research

RONALD J. MCKINNEYDuPont Central Research & DevelopmentCatalysis and Process Research

RALPH N. MILLERDuPont FluoroproductsProcess Modeling, Azeotropic andExtractive Distillation, VLE Data

CHARLES J. NOELKEDuPont FluoroproductsNew Product and Process Development

ROLANDO PAGILAGANDuPont Engineering PolymersPolymer Synthesis and PolymerDevelopment

V. N. MALLI RAODuPont FluoroproductsChemistry, Catalysis and ProcessDevelopment

NOEL C. SCRIVNERDuPont EngineeringAqueous Electrolyte Thermodynamics &Environmental Physical Properties

HYUNKOOK SHINDuPont NonwovensFibers and Nonwovens Technologies

HARRY SPINELLIDuPont Performance CoatingsPolymer Development and Ink Jet Inks

ROBERT C. WHELANDDuPont Central Research & DevelopmentNew Fluoropolymers & PolymerizationProcesses

CORPORATE HEADQUARTERSE.I. du Pont de Nemours and Company1007 Market StreetWilmington, DE 19898Telephone: (302) 774-1000E-mail: [email protected]

SHAREHOLDER SERVICESInquiries from shareholders about stockaccounts, transfers, certificates, dividends(including direct deposit and reinvestment),name or address changes and electronicreceipt of proxy materials may be directedto the DuPont stock transfer agent:EquiServe Trust Company N.A.P.O. Box 43069Providence, RI 02940-3069Or call: in the United States and Canada —(888) 983-8766 (toll free)Other locations — (781) 575-2724For the hearing impaired — TDD: (800) 952-9245Or visit EquiServe’s home page athttp://www.equiserve.com

INVESTOR RELATIONSInstitutional investors and other representativesof financial institutions should contact:E.I. du Pont de Nemours and CompanyDuPont Investor Relations1007 Market Street — D-11018Wilmington, DE 19898Or call (302) 774-4994

BONDHOLDER RELATIONSE.I. du Pont de Nemours and CompanyDuPont Finance1007 Market Street — D-8028Wilmington, DE 19898Or call (302) 774-3086

DUPONT ON THE INTERNETFinancial results and news about DuPontcan be accessed from the company’s Website at http: //www.dupont.com. This siteincludes important information on productsand services, financial reports, SEC filings,news releases, environmental informationand career opportunities.

PRODUCT INFORMATION ANDREFERRALFrom the United States and Canada: (800) 441-7515From other locations: (302) 774-1000E-mail: [email protected] the Internet: http://www.dupont.com

Additional information about DuPont may befound in the following printed reports, whichmay be obtained without charge:■ 2003 Annual Review■ 2003 Annual Report to the Securities and

Exchange Commission filed on Form 10-K;■ Quarterly reports to the Securities and

Exchange Commission, filed on Form 10-Q;

Requests should be addressed to:DuPont Corporate Information CenterCRP705-GS25P.O. Box 80705Wilmington, DE 19880-0705Or call (302) 774-5991E-mail: [email protected]

DuPont™ Pyralux® brand flexible laminates are used to connect the “brains” of the rovers to their parts (photo-Dynamic Design International) as they do in more familiar applications, like the display driver and hinge circuits in a flip phone.

DUPONT PRODUCTS ON MARSDuPont products have been an essential part of manned and unmanned spaceexploration since the earliest days of the U.S. space program, and they play critical roles in NASA’s Mars Exploration Rover Mission. The Mars rovers Spiritand Opportunity include almost 70 yards each of flexible cable circuits made ofthin DuPont™ Pyralux® laminates and composites. Flexible circuits made ofPyralux® connect the “brains” of the rovers to their parts — robotic arms, cameras,wheels and sensors. The cameras beaming clear, high-resolution signals back toEarth can do so because the Pyralux® flexible circuits were made using DuPont™Riston® dry film photoresists that provide reliable fine-line circuitry, ensuring consistent quality signals and performance. DuPont™ Kapton® polyimide filmworks with layers of DuPont™ Teflon® fluoropolymer resin and Pyralux® flexiblecables to provide power from the Rover Electronics Module to the hardware components in the rovers. Pressure sensitive tape made of Kapton® film is usedthroughout the rovers to control vibration. Metalized Kapton® is used for thermalshielding for heat-sensitive components. The airbags, so critical to the rovers’ successful landings, are threaded and reinforced with Kevlar® brand fiber.

DuPont™ Pyralux® brand flexible laminates are used to connect the “brains” of the rovers to their parts (photo-Dynamic Design International) as they do in more familiar applications, like the display driver and hinge circuits in a flip phone.

Copyright© 2004 DuPont. All Rights Reserved.The DuPont Oval Logo, DuPont™,The miraclesof science™ and all products denoted with ™and ® are trademarks or registered trademarksof DuPont or its affiliates.

Produced with DuPont Imaging Technologiesproofing products.

Printed on Sappi fine paper’s Opus Dull producedusing DuPont™ RPS Vantage® titanium dioxide

du pont 2003 10k

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