THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Albemarle Corporation (ALB)

3/15/2006 Proxy Information

William M. Gottwald, a director and Chairman of the Board of the Company, and John D. Gottwald, a director of the Company, are sons of Floyd D. Gottwald, Jr., a director and Vice Chairman of the Board and Chairman of the Executive Committee of the Company. The members of the family of Floyd D. Gottwald, Jr. may be deemed to be control persons of the Company.

Floyd D. Gottwald Gottwald has served as Vice Chairman of Albemarle Corporation since October 2002. He served as Chief Executive Officer from March 2001 through September 2002 and Chairman and Chief Executive Officer from March 1994 through March 2001.

During 2005, the Company paid the law firm of McKenna Long & Aldridge LLP fees in the amount of $74,296 for legal services provided to the Company. Ide, a director of the Company, is a partner of McKenna Long & Aldridge. The fees paid by the Company to McKenna Long & Aldridge are not included in the determination of the compensation Ide receives from McKenna Long & Aldridge and were paid by the Company prior to Ide’s appointment to the Board of Directors. The Company no longer uses McKenna Long & Aldridge for any legal services.

On January 30, 2006, the Company entered into a Stock Purchase Agreement, with each of Floyd D. Gottwald, Jr. and John D. Gottwald, pursuant to which the Company agreed to purchase an aggregate of 120,000 shares of Albemarle common stock from Floyd D. Gottwald, Jr. and an aggregate of 85,655 shares of Albemarle common stock from John D. Gottwald at a price of $43.66 per share. The purchase price was $0.05 less than the average closing price of a share of Albemarle common stock on the NYSE for the third through the fifth business day following the date of release to the public of the Company’s earnings for the year ended December 31, 2005. The transaction was approved by the Company’s Audit Committee and closed on February 6, 2006.

3/18/2005 Proxy Information

Mr. Floyd D. Gottwald has served as Vice Chairman of Albemarle Corporation since October 2002. He served as Chief Executive Officer from March 2001 through September 2002 and Chairman and Chief Executive Officer from March 1994 through March 2001.

William M. Gottwald, a director and Chairman of the Board of the Company, and John D. Gottwald, a director of the Company, are sons of Floyd D. Gottwald, Jr., a director and Vice Chairman of the Board and Chairman of the Executive Committee of the Company. The members of the family of Floyd D. Gottwald, Jr. may be deemed to be control persons of the Company.

3/1/2004 Proxy Information

William M. Gottwald, a director and Chairman of the Board of the Company, and John D. Gottwald, a director of the Company, are sons of Floyd D. Gottwald, Jr., a director and Vice Chairman of the Board and Chairman of the Executive Committee of the Company. The members of the family of Floyd D. Gottwald, Jr. may be deemed to be control persons of the Company.

The law firm of McGuireWoods LLP provided legal services to the Company from time to time through April 2003. Anne Marie Whittemore, a director of the Company, is a partner of McGuireWoods. The Company no longer uses McGuireWoods for any legal services.