Cabot Corp. adds banker to board

Boston, Massachussets - Cabot Corp. shareholders have elected Shengman Zhang to the company's Board of Directors, effective 14 July, 2006. Zhang is vice chairman, global banking for Citigroup corporate and investment banking and chairman of the Public Sector Group.

Commenting on the election of Zhang, Kennett Burnes, chairman of the board, said, "Cabot Corporation is delighted to have a person of Mr. Zhang's caliber and experience join its Board of Directors. His considerable knowledge and expertise will further enhance the leadership provided by our Board of Directors."

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Press release from Cabot