DETREX CORPORATION - (NASDAQ - DTRX) Contact: Steven J. Quinlan
Phone: (248) 358-5800 FAX: (248) 358-5803

February 4, 2003

PRESS RELEASE

Detrex Corporation Reports Increased Remediation Costs

Southfield, Michigan – February 4, 2003 - Detrex Corporation (NASDAQ:  DTRX), a diversified manufacturer of chemicals and allied products, announced that remediation was completed at the Fields Brook Superfund Site in December 2002.  During the final stages of the project, unanticipated additional contamination was discovered, making it necessary to perform further remediation which drove costs significantly over previous estimates. Detrex’s share of the increased costs was approximately $900,000. Primarily as a result of this occurrence and the reevaluation of other amounts within the environmental reserve, the reserve was increased by $725,000 and a charge in a similar amount will be reflected in the year-end results.

Statements included in this press release that are not historical in nature are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “1995 Act”).  The words “believe,” “expect,” “anticipate,” “estimate,” “guidance,” “target” and similar expressions identify forward-looking statements.  The Company cautions readers that forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from those projected in the forward-looking statements.  Certain risks and uncertainties are identified from time to time in the Company’s reports filed with the SEC.  Some factors that could cause results to differ materially from those projected in the forward-looking statements include: market conditions, environmental remediation costs, liquidation value of assets, and marketability of real estate.  The Company claims the protection of the safe harbor for forward-looking statements contained in the 1995 Act.

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