Northisle Copper And Gold Inc.TSXV: NCX

NOVA Chemicals Announces Retirement of Senior Executive Dale Spiess

· Issued by Northisle Copper And Gold Inc. via CNW
PITTSBURGH, August 3 /CNW/ - NOVA Chemicals Corporation
(NYSE:NCX)(TSX:NCX) today announced that Dale Spiess, Senior Vice President
and President Olefins and Polyolefins has elected to retire effective
September 30, 2006.
Spiess joined NOVA Chemicals in 1998 and has had a lengthy and
distinguished chemical industry career. "Dale led our Olefins and Polyolefins
Business effectively through an exciting growth phase in Alberta and the rapid
introduction of our unique Advanced SCLAIRTECH(TM) product line," said Jeff
Lipton, President and CEO of NOVA Chemicals. "We are grateful to Dale for his
outstanding contributions to NOVA Chemicals."

NOVA Chemicals produces plastics and chemicals that are essential to
everyday life. Our employees develop and manufacture materials for customers
worldwide that produce consumer, industrial and packaging products. NOVA
Chemicals works with a commitment to Responsible Care(R) to ensure effective
health, safety, security and environmental stewardship. Company shares are
traded on the Toronto and New York stock exchanges as NCX.

Visit NOVA Chemicals on the Internet at www.novachemicals.com.

Photographs are available upon request.

Advanced SCLAIRTECH(TM) is a trademark of NOVA Chemicals.

Responsible Care(R) is a registered trademark of the Canadian Chemical
Producers Association (CCPA) in Canada and is a registered service mark of the
American Chemistry Council (ACC) in the United States.