Momentive Performance Materials Inc. Reports Fiscal Year 2007 Results

“In 2007 we accomplished many of our goals delivering record sales, as well as strong EBITDA growth in an inflationary environment, positive cash flow from operations, and significant working capital reductions. Our customer-led growth strategy and business transformation plan that created an integrated standalone global enterprise is working," said Jonathan Rich, president & CEO. He added, "We will continue to provide our customers with technologically-advanced products that demonstrate our advantage as a global silicones producer."

For more information, interested parties may participate in Momentive’s Fiscal Year 2007 Earnings Conference Call on Tuesday, April 1, 2008 at 9:00 A.M. EDT:

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Forward-Looking and Cautionary Statements

Certain statements included in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, our management may from time to time make oral forward-looking statements. Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “project,” “plan,” “estimate,” “will” or “intend” and similar words or expressions. These forward-looking statements reflect our current views with respect to future events and are based on currently available financial, economic and competitive data and our current business plans. Actual results could vary materially depending on risks and uncertainties that may affect our operations, markets, services, prices and other factors. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: our substantial leverage; limitations on flexibility in operating our business contained in the documents governing our indebtedness; changes in prices and availability of raw materials and key intermediates; rising energy costs; and risks associated with our separation from General Electric Company. For a more detailed discussion of these and other risk factors, see our Form 10-K for the year ended December 31, 2007 filed with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

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