THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Solutia, Inc. (SOLUQ.OB)

3/10/2005 10K Information

Mr. Hunter, who was the chairman of the board, chief executive officer, president and a director of Solutia, until May 3, 2004, received separation pay of $1,840,000 upon his termination.

Mr. Saucier, Mr. Sullivan and one other executive officer, who is not a "named executive officer" for reporting purposes, have unsecuredclaims as creditors in Solutia's Chapter 11 case by virtue of their participation in Solutia's 401(k) excess benefit plan and/or non-qualified defined benefit pension plan. Vested amounts owed to them under these plans at the time that Solutia filed for Chapter 11 are as follows: (Chart on page 117 of current 10K)

Mr. Hunter was an unsecured creditor for the same reason, but as part of his separation agreement (described on page 113 above), he released all claims to these benefits.

In addition, each non-employee director is an unsecured creditor of Solutia with respect to deferred compensation that was payable in cash in the following amounts: Mr. Hatfield, $37,500; each other current director, $18,750.

Each director and executive officer has also filed a proof of claim for benefits under Solutia's director and officer and fidelity insurance and for any right he or she may have to corporate indemnification. Each director and executive officer also has, by virtue of Solutia's Chapter 11 filing, a claim for shares of Solutia common stock held by the director and for the value of deferred stock units that were payable in shares of Solutia's common stock.

3/14/2003 Proxy Information and 3/18/2004 10K Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.