KMG Chemicals
Corporate Offices
9555 W. Sam Houston Parkway South
Suite 600
Houston, TX 77099
 
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KMG Chemicals Declares Quarterly Cash Dividend

FORTUNE Small Business and The Houston Chronicle Name KMG to Business Lists
 
HOUSTON--(BUSINESS WIRE)-- KMG Chemicals, Inc. (NASDAQ: KMGB), a global provider of specialty chemicals in niche markets, today announced that its Board of Directors declared a quarterly cash dividend of $0.02 per common share. The dividend is payable on September 26, 2008 to shareholders of record as of September 12, 2008. As of August 19, 2008, there were approximately 11.0 million common shares outstanding.

Separately, the Company announced that for the second consecutive year, it was named to the FORTUNE Small Business’ “FSB 100” list of America’s fastest-growing small public companies, ranking #72. KMG was also #45 on The Houston Chronicle’s “Chronicle 100,” which ranks the top 100 leading companies in Houston.

About KMG
KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemicals to niche markets. The Company grows by acquiring and optimizing stable chemical product lines and businesses with established production processes. Its current operations are focused on the wood treatment, electronic, and agricultural chemical markets. For more information, visit the Company's web site at
www.kmgchemicals.com.

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, the impact of competitive services and pricing and general economic risks and uncertainties.

Contacts
KMG Chemicals, Inc.
John V. Sobchak, 713-600-3814
Chief Financial Officer
JSobchak@kmgchemicals.com
www.kmgchemicals.com
or
Investor Relations Counsel:
The Equity Group Inc.
Melissa Dixon, 212-836-9613
MDixon@equityny.com
or
Linda Latman, 212-836-9609
LLatman@equityny.com
www.theequitygroup.com
 

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