EXHIBIT 99.1

Report of Independent Registered Public Accounting Firm

To the directors and shareholders of Wellman International Limited and
Subsidiaries

We have audited the accompanying consolidated balance sheets of Wellman
International Limited and Subsidiaries (the Company) as of 31 December 2004 and
2003 and the related consolidated statements of operations, stockholders' equity
and other comprehensive income/(loss), and cash flows for each of the years in
the three year period ended 31 December 2004. These consolidated financial
statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these consolidated financial
statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above, present
fairly, in all material respects, the financial position of Wellman
International Limited and Subsidiaries as of 31 December 2004 and 2003, and the
results of their operations and their cash flows for each of the years in the
three year period ended 31 December 2004 in conformity with accounting
principles generally accepted in the United States of America.

We have also audited, in accordance with the standards of the Public Company
Accounting Oversight Board (United States), the effectiveness of Wellman
International Limited's internal control over financial reporting as of 31
December 2004, based on criteria established in "Internal Control - Integrated
Framework" issued by the Committee of Sponsoring Organizations of the Treadway
Commission (COSO) and our report dated 11 March 2005 expressed an unqualified
opinion on management's assessment of, and the effective operation of, internal
control over financial reporting.

/s/ KPMG

Chartered Accountants
Dublin, Ireland
11 March 2005