FMC COMPLETES SODA ASH JOINT VENTURE WITH NIPPON SHEET GLASS AND SUMITOMO CORPORATION.

PHILADELPHIA--(BUSINESS WIRE)--July 7, 1995-- FMC Corporation today announced that it has completed the previously announced joint venture with Nippon Sheet Glass Co., Ltd., Tokyo, and Sumitomo Corporation, Tokyo, to sell a 20 percent equity interest in its soda ash business for $150 million. In addition, Nippon Sheet Glass Co., Ltd. and Sumitomo Corporation will be investing in FMC Wyoming's previously announced $135 million two-phased solution mining project. FMC's proprietary solution mining technology reduces soda ash manufacturing costs 30-40 percent from conventional soda ash manufacturing, while producing an equivalent high-purity product.

FMC Corporation is one of the world's leading producers of chemicals and machinery for industry, government and agriculture. The Chicago-based company reported annual sales of $4 billion in 1994, with international sales to more than 100 countries accounting for 49 percent of total annual revenues. FMC employs 21,000 people in 97 manufacturing facilities and mines in 21 countries. The company divides its businesses into five major segments: Performance Chemicals, Industrial Chemicals, Machinery and Equipment, Defense Systems and Precious Metals.

CONTACT: MEDIA CONTACT: At FMC Corp.: Pat Brozowski, 312/861-6104;

or

INVESTOR RELATION: Lisa Azzarello, 312/861-6921; or

Thomas E. Kline (In Philadelphia), 215/299-6888