A. Schulman Finalizes New Credit Agreement

    AKRON, Ohio--Oct. 8, 2001--A. Schulman Inc. today announced the completion of a new $130 million, four-year revolving credit agreement.
    Cleveland-based KeyBank N.A. was the lead bank for the eight-bank financing group, which includes two foreign banks. The new financing agreement replaces a $100 million facility that was scheduled to expire in August 2002.
    "This new agreement has increased our financial flexibility for both our domestic and international operations," said Terry L. Haines, president and chief executive officer. "We have expanded our bank group and provided additional financing capabilities for working capital, capital expenditures and other corporate requirements. This line will ensure our credit needs, especially in this difficult and uncertain economic environment."

    Forward-Looking Statements

    Statements in this release which are not historical facts are forward-looking statements which involve risks and uncertainties and actual events or results could differ materially from those expressed or implied in this release. These "forward-looking statements" are based on currently available information. They are also inherently uncertain, and investors must recognize that events could turn out to be significantly different from what was expected. Examples of such uncertainties include, but are not limited to, the following:

--	Worldwide and regional economic, business and political conditions
--	Fluctuations in the value of the currencies in major areas where the Company operates, i.e., the U.S. dollar, the Euro, U.K. pound sterling, Canadian dollar, Mexican peso and Indonesian rupiah
--	Fluctuations in the prices of plastic resins and other raw materials
--	Changes in customer demand and requirements

    About A. Schulman Inc.

    Headquartered in Akron, Ohio, A. Schulman is a leading international supplier of high-performance plastic compounds and resins. These materials are used in a variety of consumer, industrial, automotive and packaging applications. The Company employs about 2,500 people and has 13 manufacturing facilities in North America, Europe and the Asia-Pacific region. Revenues for the fiscal year ended August 31, 2000 were approximately $1 billion. Additional information about A. Schulman can be found on the World Wide Web at www.aschulman.com.