NOVA Chemicals Declares Quarterly Dividend

    PITTSBURGH, June 18 /CNW/ - NOVA Chemicals Corporation (NYSE:  NCX)
(TSX:NCX) today declared a quarterly dividend of Cdn. $0.10 per share on the
outstanding common shares of the Company, payable on August 15, 2007, to
shareholders of record at the close of business on July 31, 2007.

    NOVA Chemicals produces plastics and chemicals that are essential to
everyday life. Our employees develop and manufacture materials for customers
worldwide that produce consumer, industrial and packaging products. NOVA
Chemicals works with a commitment to Responsible Care(R) to ensure effective
health, safety, security and environmental stewardship. Company shares are
traded on the Toronto and New York stock exchanges as NCX.

    Visit NOVA Chemicals on the Internet at

    Responsible Care(R) is a registered trademark of the Canadian Chemical
Producers Association (CCPA) in Canada and is a registered service mark of the
American Chemistry Council (ACC) in the United States.

For further information:

For further information: NOVA Chemicals Corporation Media inquiries,
please contact: Greg Wilkinson - Vice President, Public Affairs Tel:
412-490-4166 E-mail: or Investor Relations inquiries,
please contact: Chris Bezaire - Vice President, Investor Relations Tel:
412-490-5070 E-mail:

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