Go to the SEC Web site (http://www.sec.gov).

Under “Filings & Forms (EDGAR),” click on

“Search for Company Filings.” Click on

“Companies & Other Filers.” Under Company Name, enter “Omnova Solutions” (or under Ticker Symbol, enter “OMN”). Select the 10-K filed January 26, 2007.

a. Determine the business description. Copy the second paragraph under introduction.

b. What was the income (loss) from continuing operations for the years ended November 30, 2006, and 2005?

c. During 2006, LIFO inventory quantities were reduced. These reductions resulted in a liquidation of LIFO inventory quantities carried at lower cost prevailing in price years as compared with the cost of 2006.

Address the following:

1. Inventories valued using the LIFO method represented approximately what percentage of the total replacement cost of inventories at November 30, 2006?

2. During 2006, net LIFO inventory adjustments increased consolidated net income by how much?