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PolyOne Directors Set Quarterly Dividend

August 7, 2002

CLEVELAND, Aug 7, 2002 /PRNewswire-FirstCall 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 September 16, 2002 to
shareholders of record at the close of business on August 30, 2002.

About PolyOne

PolyOne Corporation, with 2001 revenues of $2.7 billion, is an international
polymer services company with 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 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: Dennis Cocco, Chief Investor & Communications Officer of
PolyOne Corporation, +1-216-589-4018
URL: http://www.polyone.com

Copyright (C) 2002 PR Newswire. All rights reserved.

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