AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 8, 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.)

Filed by the Registrant  [ ]
Filed by a Party other than the Registrant  |X|
     Check the appropriate box:
     [ ]  Preliminary Proxy Statement
     [ ]  Confidential, For Use of the Commission Only (as permitted by
          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
- --------------------------------------------------------------------------------
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

FOR IMMEDIATE RELEASE
- ---------------------

COMMITTEE SENDS LETTER TO HERCULES EMPLOYEES AND RETIREES

NEW YORK--July 8, 2003-- The Hercules Shareholders' Committee For NEW Management
announced  today  that it sent the  following  letter to  Hercules  (NYSE:  HPC)
employees and retirees who own the Company's stock:

             THE HERCULES SHAREHOLDERS' COMMITTEE FOR NEW MANAGEMENT
                       17 State Street, New York, NY 10004

                                                                    July 8, 2003

Dear Hercules Employee/Retiree:

         Joyce's  July 1st  letter is filled  with  assertions  that are  either
false, misleading, or have no bearing on the proxy contest.

         First,  THE  COMMITTEE  IS NOT  ATTACKING  HERCULES  EMPLOYEES OR THEIR
ACCOMPLISHMENTS  BUT  RATHER  JOYCE AND HIS  ASSOCIATES  ON THE  BOARD.  We have
nothing but the greatest respect for Hercules employees, the vast number of whom
are  hard-working,  capable,  and loyal and who have been forced to "soldier on"
over  the  last  several  years  under  two  caretaker  CEO's  -  Joyce  and his
predecessor.

         Second,  you should  know that  there has never  been an issue  between
Joyce and our minority  directors  concerning  employee benefits and pensions at
Hercules. In our June 2nd letter to shareholders, we clearly stated our position
as follows:

         "WITH REGARD TO BENEFIT  PROGRAMS,  THE DIRECTORS ARE IN AGREEMENT THAT
         THE COMPANY'S PENSION  OBLIGATIONS TO RETIREES AND PENSION BENEFITS FOR
         ACTIVES MUST BE PRESERVED AND SAFEGUARDED. THE COMPANY'S DIRECTORS HAVE
         UNANIMOUSLY  APPROVED,  HOWEVER,  COST REDUCTIONS IN HEALTH AND MEDICAL
         PROGRAMS IN KEEPING WITH WHAT HUNDREDS OF OTHER  COMPANIES IN CORPORATE
         AMERICA HAVE ALREADY DONE" (P.19).

While we are frank to state that we did subscribe to management's  position with
respect to medical cost  benefits,  the  minority  directors  have  consistently
supported the  safeguarding of all pensions.  With regard to the former,  we are
not any happier than




Joyce about the necessity for recent increases in medical costs to employees and
retirees  - but  unfortunately  this  has  become  a fact of  life in  corporate
America.

         THIRD,  JOYCE'S  REFERENCES  TO ISP ARE  IRRELEVANT.  FOR OUR  MINORITY
DIRECTORS  AND  NOMINEES,  MOST  ALL  OF  WHOM  HAVE  NO  ASSOCIATION  WITH  ISP
WHATSOEVER,  HAVE NO PLAN TO IMPOSE  ISP'S  COMPENSATION  STRUCTURE  ON HERCULES
EMPLOYEES/RETIREES.  Parenthetically,  assuming  that there was any relevance to
the  point,  if one  were to  compare  the two  compensation  programs  in their
entirety, ISP's total compensation and benefits are more than comparable to that
of  Hercules.  For ISP has a generous  401(k) plan in  addition  to  substantial
equity  incentives  for the vast  majority of its  employees.  THE FACT THAT ISP
TAKES  VERY GOOD CARE OF ITS  EMPLOYEES  IS  DEMONSTRATED  BY ITS HIGH  EMPLOYEE
MORALE AND A  VOLUNTARY  TURNOVER  RATE  WHICH IS LESS THAN 1/3 OF THE  NATIONAL
AVERAGE FOR THE U.S. MANUFACTURING INDUSTRY.

         Fourth,  Joyce's contention that the Company is VOLUNTARILY making cash
contributions to shore up its pension plans is PURE NONSENSE. For the Company is
being  FORCED to make these  contributions  to  maintain  compliance  with ERISA
funding  requirements  resulting from Joyce's  mismanagement of the plans, which
has  caused  the  Company  to take a charge to equity  last year of almost  $570
million.  Under the Joyce  theory,  we  suppose,  the more money he loses in the
pension  plans,  the more money the  Company is required  to  contribute  to the
plans,  and the better off  employees  and retirees  will be! ASK  YOURSELF:  IS
JOYCE'S  ARGUMENT  AN INSULT  TO THE  INTELLIGENCE  OF  HERCULES  EMPLOYEES  AND
RETIREES OR WHAT?

         Finally,  the single  most  critical  issue in this proxy  contest is -
WHETHER HERCULES SHAREHOLDERS, EMPLOYEES, AND RETIREES CAN AFFORD TO CONTINUE TO
ENTRUST  THEIR  INVESTMENTS  AND  FUTURES  TO JOYCE  AND HIS  ASSOCIATES  ON THE
COMPANY'S  BOARD.  IF YOU  BELIEVE,  AS WE DO,  THAT IT IS TIME FOR A CHANGE  AT
HERCULES AND WHAT WE NEED IS A DYNAMIC,  "HANDS-ON"  CHIEF  EXECUTIVE  WHO HAS A
VISION FOR OUR COMPANY AND A LONG TERM STRATEGY FOR ITS  BUSINESSES,  LEADERSHIP
QUALITIES,  AND AN INTEREST IN  ENHANCING  SHAREHOLDER  VALUES FOR ALL  HERCULES
SHAREHOLDERS, WE URGE YOU TO SIGN, DATE AND RETURN OUR WHITE PROXY CARD TODAY!
                                                       -----


                                   Sincerely,

             THE HERCULES SHAREHOLDERS' COMMITTEE FOR NEW MANAGEMENT


                                                               
/s/ SAMUEL J. HEYMAN    /s/ HARRY FIELDS    /s/ANTHONY T. KRONMAN       /s/ SUNIL KUMAR
- --------------------    ----------------    ---------------------       ---------------
 Samuel J. Heyman         Harry Fields        Anthony T. Kronman          Sunil Kumar


/s/ GLORIA SCHAFFER     /s/ VINCENT TESE    /s/ RAYMOND S. TROUBH     /s/ GERALD TSAI, JR.
- -------------------     ----------------    ---------------------     --------------------
 Gloria Schaffer          Vincent Tese         Raymond S. Troubh         Gerald Tsai, Jr.





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