Exhibit 99.1

Immediately

INVESTOR RELATIONS:  Eric Norris (215) 299-6538
MEDIA: Jeff Jacoby (215) 299-5896


FMC Surprised and Disappointed by Moody's Action

PHILADELPHIA - June 13, 2002 - FMC Corporation (NYSE: FMC) responded today to
the downgrade by Moody's Investors Service of FMC's credit ratings of its
indebtedness from Baa3/Prime-3 to Ba1/Not-Prime in an announcement made earlier
today. Moody's announcement follows last week's action by Standard and Poor's
Rating Services (S&P) in which it reaffirmed its investment-grade credit rating
and stable outlook for FMC.

Chairman, President and CEO William G. Walter said: "While we are gratified by
S&P's action to maintain FMC's investment-grade rating, we are extremely
disappointed by Moody's action, which we believe reflects its lack of
understanding of the strong fundamentals of FMC's businesses and industry
dynamics. Further, although we had no assurances, based upon our discussions
with Moody's, we were led to believe that they would view an equity offering by
FMC coupled with a refinancing of our debt later this year as sufficient to
maintain our investment-grade rating. Clearly Moody's outlook for the economy
and the chemical industry is much more negative than ours and the views of many
others. The action by Moody's before we had the opportunity to take the next
steps in our refinancing plan is surprising. Despite Moody's action, we are
confident that FMC has adequate liquidity to support all our business operations
and to complete our refinancing before upcoming maturities come due near year-
end."

FMC Corporation is a diversified chemical company serving agricultural,
industrial and consumer markets globally. The company divides its businesses
into three segments: Agricultural Products, Specialty Chemicals and Industrial
Chemicals.

Safe Harbor Statement under the Private Securities Act of 1995: Statements in
this news release that are forward-looking statements are subject to various
risks and uncertainties concerning specific factors described in FMC
Corporation's 2001 Form 10-K and other SEC filings. Such information contained
herein represents management's best judgment as of the date hereof based on
information currently available. FMC Corporation does not intend to update this
information and disclaims any legal obligation to the contrary. Historical
information is not necessarily indicative of future performance.