AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 24, 2003
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                            SCHEDULE 14A INFORMATION
                    PROXY STATEMENT PURSUANT TO SECTION 14(a)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                                 (AMENDMENT NO.)

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          Rule 14a-6(e)(2))
     [ ]  Definitive Proxy Statement
     |X|  Definitive Additional Materials
     [ ]  Soliciting Material Pursuant to Rule 14a-12

                             HERCULES INCORPORATED
                (Name of Registrant as Specified in Its Charter)

             THE HERCULES SHAREHOLDERS' COMMITTEE FOR NEW MANAGEMENT
    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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NEWS RELEASE
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The Hercules Shareholders' Committee For NEW Management * 17 State Street *
New York, New York 10004

Contact:   Chris Hayden, Georgeson Shareholder Communications Inc.
           212-440-9850

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NEW YORK,  NY, JULY 24, 2003 - In  response  to the  Gabelli  announcement  this
morning  with  respect  to  Hercules  Incorporated  (NYSE:  HPC),  The  Hercules
Shareholders' Committee for New Management released the following statement:

         "We very much appreciate Mr. Gabelli's  support for two of our nominees
and his endorsement of a number of our positions.  Unfortunately, his "splitting
of the baby" solution -- a split Board with a swing director -- can never be, as
King  Solomon  demonstrated,  the  right  answer.  We  strongly  believe  that a
deadlocked  Board would be  detrimental  to the interests of the Company and its
shareholders,   and  should  this  remain  Mr.  Gabelli's  final  position,  our
Committee's  nominees  intend to step aside at or prior to the  commencement  of
tomorrow's Annual Meeting."