X0202 4 2007-01-24 0 0000087565 SCHULMAN A INC SHLM 0001050154 RAMIUS CAPITAL GROUP LLC 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks 0001329983 Parche, LLC 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks 0001329988 Starboard Value & Opportunity Fund, LLC 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks 0001329989 Admiral Advisors, LLC 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks 0001267474 C4S & CO LLC 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks 0001042589 COHEN PETER A 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks 0001267535 STARK MORGAN B 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks 0001275922 SOLOMON JEFFREY M 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks 0001043935 STRAUSS THOMAS W 666 THIRD AVENUE 26TH FLOOR NEW YORK NY 10017 0 0 0 1 See Remarks Common Stock 2007-01-24 4 S 0 2096 21.0010 D 135790 I By Parche, LLC Common Stock 2007-01-24 4 S 0 11004 21.0010 D 712927 I By Starboard Value & Opportunity Fund, LLC Includes shares owned directly by Parche, LLC and Starboard Value & Opportunity Fund, LLC. As the managing member of Parche, LLC and Starboard Value & Opportunity Fund, LLC, Admiral Advisors, LLC may be deemed to beneficially own the shares of Common Stock owned by Parche, LLC and Starboard Value & Opportunity Fund, LLC. As the sole member of Admiral Advisors, LLC, Ramius Capital Group, L.L.C. may be deemed to beneficially own shares of Common Stock owned by Parche, LLC and Starboard Value & Opportunity Fund, LLC. As the managing member of Ramius Capital Group, L.L.C., C4S & Co., L.L.C. may be deemed to beneficially own the shares of Common Stock owned by Parche, LLC and Starboard Value & Opportunity Fund, LLC. (Continuation of Footnote 1) As the managing members of C4S & Co., L.L.C., each of Peter A. Cohen, Morgan B. Stark, Jeffrey M. Solomon and Thomas W. Strauss may be deemed to beneficially own the shares of Common Stock owned by Parche, LLC and Starboard Value & Opportunity Fund, LLC. Messrs. Cohen, Stark, Solomon and Strauss disclaim beneficial ownership of such shares. Except for Messrs. Cohen, Stark, Solomon and Strauss who have disclaimed beneficial ownership above, each Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock. PARCHE, LLC, By: Admiral Advisors, LLC, its managing member, By: /s/ Jeffrey M. Solomon, authorized signatory 2007-01-26 STARBOARD VALUE & OPPORTUNITY FUND, LLC, By: Admiral Advisors, LLC, its managing member, By: /s/ Jeffrey M. Solomon, authorized signatory 2007-01-26 ADMIRAL ADVISORS, LLC, By: Ramius Capital Group, L..L.C., its sole member, By: /s/ Jeffrey M. Solomon, authorized signatory 2007-01-26 RAMIUS CAPITAL GROUP, L.L.C., By: C4S & Co., L.L.C., its Managing Member, By: /s/ Jeffrey M. Solomon, its managing member 2007-01-26 C4S & CO., L.L.C., By: /s/ Jeffrey M. Solomon, its managing member 2007-01-26 Jeffrey M. Solomon, individually and as attorney-in-fact for Peter A. Cohen, Morgan B. Stark, and Thomas W. Strauss 2007-01-26