AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 22, 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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     previously. Identify the previous filing by registration statement number,
     or the Form or Schedule and the date of its filing.
     (1)  Amount Previously Paid:
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     (3)  Filing Party:
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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 SHAREHOLDERS

NEW YORK--July 22, 2003-- The Hercules Shareholders' Committee For NEW
Management announced today that it sent the following letter to Hercules
NYSE: HPC) shareholders:

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

                                                                   July 22, 2003

Fellow Hercules Shareholder:

         We understand  from  discussions  with Hercules  shareholders in recent
days that Joyce is now  claiming,  which is nothing new, that he intends to sell
the  Company  presumably  at the time of the turn in the pulp and  paper  cycle.
Parenthetically,  the sale of the Company was the  platform  upon which  Joyce's
predecessor ran on in the 2001 proxy contest, and he was never able to even come
close to  selling  the  Company.  With  respect  to  Joyce,  after 26  months of
attempting  to sell the  Company,  the best he could do was to  initiate  an LBO
offer for $9 per share.

         While  we  would  like  to  realize  shareholder  values  for  Hercules
shareholders  - we have had a sizeable  investment in the Company,  as you know,
for more than three  years - and WE ARE IN FAVOR OF A SALE OF THE COMPANY AT THE
RIGHT TIME AND AT THE RIGHT PRICE,  THE REAL ISSUE AT THIS POINT IN TIME IS THAT
HERCULES CAN SIMPLY NOT AFFORD A CARETAKER  CEO ANY LONGER.  NOR CAN THE COMPANY
WITHSTAND THE CONTINUED  ADVERSE EFFECT ON OUR EMPLOYEES AND FRANCHISE  VALUE OF
OUR BUSINESSES AS A RESULT OF JOYCE'S "FOR SALE AT ANY PRICE" STRATEGY.

         You should be aware that Joyce's golden parachutes are triggered upon a
sale of the Company AT ANY PRICE,  and these golden  parachutes  constitute  the
lion's share of his expected  compensation  over the next year or two. We on the
other hand have an enormous  investment  in Hercules  and are willing to make an
additional investment of more than $100 million, should the Committee's nominees
be elected,  because of our vision of what the Company  could be worth under new
leadership.



         HERCULES  HAS BEEN A  RUDDERLESS  SHIP FOR MORE  THAN TWO AND  ONE-HALF
YEARS  NOW,  AND IT IS OUR  CONVICTION  THAT IF THIS  SITUATION  CONTINUES  MUCH
LONGER,  WHEN THE TIME COMES TO SELL,  WHATEVER IS LEFT TO BE  REALIZED  WILL BE
SUBSTANTIALLY DIMINISHED.

         IF YOU AGREE WITH US THAT OUR  INVESTMENTS  IN HERCULES ARE IN JEOPARDY
SHOULD JOYCE REMAIN IN OFFICE,  PLEASE SIGN,  DATE,  AND RETURN THE  COMMITTEE'S
NOMINEES 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.