The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement and the accompanying prospectus supplement and prospectus are not offers to sell these securities and are not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.

Subject to completion

Preliminary Pricing Supplement dated September 23, 2013

													Filed under 424(b)(3), Registration Statement No. 333-186728
								Pricing Supplement No 148 - Dated Monday, September 23, 2013 (To: Prospectus Dated February 19, 2013, and Prospectus Supplement Dated February 19, 2013)
CUSIP Number	Principal Amount	Selling Price			Gross Concession			Net Proceeds	Coupon Rate			Coupon Frequency		Maturity Date		1st Coupon Date		1st Coupon Amount		Survivor’s Option		Product Ranking
26054LUM3			100	%		1.250	%			2.450	%		Semi-Annual		10/15/2018		04/15/2014	$	13.07		Yes	Senior Unsecured Notes
Redemption Information: Callable at 100% on 10/15/2014 and every coupon date thereafter Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC Agents: Citi, Merrill Lynch, Morgan Stanley, UBS Securities LLC, Wells Fargo Advisors, LLC The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole on the interest payment date occurring on 10/15/2014 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus.
26054LUN1			100	%		1.450	%			3.550	%		Semi-Annual		10/15/2020		04/15/2014	$	18.93		Yes	Senior Unsecured Notes
Redemption Information: Callable at 100% on 10/15/2014 and every coupon date thereafter Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC Agents: Citi, Merrill Lynch, Morgan Stanley, UBS Securities LLC, Wells Fargo Advisors, LLC The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole on the interest payment date occurring on 10/15/2014 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus.
26054LUP6			100	%		1.800	%			4.200	%		Semi-Annual		10/15/2023		04/15/2014	$	22.40		Yes	Senior Unsecured Notes

Redemption Information: Callable at 100% on 10/15/2014 and every coupon date thereafter

Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC Agents: Citi, Merrill Lynch, Morgan Stanley, UBS Securities LLC, Wells Fargo Advisors, LLC

The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole on the interest payment date occurring on 10/15/2014 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus.

    The Dow Chemical Company 2030 Willard H. Dow Center Midland, Michigan 48674 Trade Date: Monday, September 30, 2013 @ 12:00 PM ET Settle Date: Thursday, October 3, 2013   Minimum Denomination/Increments: $1,000.00/$1,000.00 Initial trades settle flat and clear SDFS: DTC Book Entry only DTC Number 0235 via RBC Dain Rauscher Inc   If the maturity date or an interest payment date for any note is not a business day (as term is defined in prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date.   InterNotes^® is a registered trademark of Incapital Holdings LLC. All Rights Reserved. The Dow Chemical Company   The Dow Chemical Company InterNotes