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PolyOne Directors Set Quarterly Dividend

October 4, 2001

CLEVELAND, Oct 4, 2001 /PRNewswire via COMTEX/ -- Directors of PolyOne
Corporation (NYSE: POL) today declared a quarterly dividend of 6.25 cents per
share of common stock. The dividend is payable December 14, 2001, to
shareholders of record at the close of business on November 30, 2001.

Due to the tragedies of September 11, we are gathering alternative phone, fax
numbers as well as email addresses. Any changes to the fax or email list can be
faxed to PolyOne Investor Relations at 216.589.4077 or email us at
darlene.hampton@polyone.com.

About PolyOne

PolyOne Corporation, with revenues in excess of $3 billion, is an international
polymer services company with customer-focused operations in thermoplastic
compounds, specialty resins, specialty polymer formulations, engineered films,
color and additive systems, elastomer compounding and thermoplastic resin
distribution. Headquartered in Cleveland, Ohio, PolyOne has more than 8,000
employees at manufacturing sites in North America, Europe, Asia and Australia,
and joint ventures in North America, South America, Europe, Asia and Australia.
Information on the Company's products and services can be found at
www.polyone.com .

SOURCE PolyOne Corporation

CONTACT:          Media & Investors, Dennis Cocco, Chief Investor &
                  Communications Officer of PolyOne Corporation, +1-216-589-4018
                  

URL:              http://www.polyone.com
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