TENNECO INC
			Symbol			TEN

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Tenneco Inc. Announces Public Offering of Common Stock

2009-11-17 16:15 ET - News Release

Company Website: http://www.tenneco.com
LAKE FOREST, Ill. -- (Business Wire)

Tenneco Inc. (NYSE:TEN) today announced its intention to offer 10,000,000 shares of its common stock pursuant to an underwritten registered public offering. In connection with the offering, Tenneco intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of its common stock to cover over-allotments, if any.

The offering will be made under an effective shelf registration statement. J.P. Morgan Securities Inc., BofA Merrill Lynch, and Deutsche Bank Securities Inc. are acting as joint book-running managers of the offering.

Tenneco intends to use the net proceeds from the offering to repay outstanding borrowings under its revolving credit facility (without reducing the commitments under the revolving credit facility) and for general corporate purposes.

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