**UNITED                          STATES**

**SECURITIES                          AND EXCHANGE COMMISSION **

**Washington,                          D.C. 20549**

**FORM                          10-K**

**[X]    Annual                              report                              pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934.                              For                              the fiscal **

**     year **
**ended **
**December                              31, 2005**

**OR**

**[  ]    T**
**ransition                              report pursuant to Section 13 or 15(d) of the Securities Exchange Act of                              1934. For the**

**     transition **
**period                              from __________ to  __________**

**Commission                          File Number  **
**1-13889**

** **

| **MacDermid,                                    Incorporated**                                                                                        |
|-------------------------------------------------------------------------------------------------------------------------------------------------------|
| (Exact                                    name of registrant as specified in charter)                                                                 |
|                                                                                                                                                  |   |
| **Connecticut**                                                                                                                                       | **06-0435750** |
| (State                                    or other jurisdiction of incorporation or organization)                                                     | (I.R.S.                                    Employer Identification No.) |
|                                                                                                                                                  |   |
| **1401                                    Blake Street, Denver, Colorado**                                                                            | **80202** |
| (Address                                    of principal executive offices)                                                                           | (Zip                                    Code) |
|                                                                                                                                                  |   |
| **Registrant’s                                    telephone number, including area code:****(720)                                    479-3060** |

**Securities                          registered pursuant to section 12(b) of the Act:**

| Title                                    of each class:                      | Name                                    of each exchange on which registered: |
|------------------------------------------------------------------------------|-------------------------------------------------------------------------------|
| Common                                    Stock without Par Value            | New                                    York Stock Exchange, Inc.              |
| 9.125%                                    Senior Subordinated Notes due 2011 | New                                    York Stock Exchange, Inc               |

**MACDERMID,                    INCORPORATED**

**2005                    FORM 10-K ANNUAL REPORT**

**TABLE                    OF CONTENTS**

|                                      |                                                                                                                                                             |   |
|-------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                      |                                                                                                                                                             |   |
| **PART                              I**   |                                                                                                                                                             |   |
| Item                              1:      | Business                                                                                                                                                         |   |
| Item                              1A:     | Risk                              Factors                                                                                                                        |   |
| Item                              1B:     | Unresolved                              Staff Comments                                                                                                           |   |
| Item                              2:      | Properties                                                                                                                                                       |   |
| Item                              3:      | Legal                              Proceedings                                                                                                                   |   |
| Item                              4:      | Submission                              of Matters to a Vote of Security Holders                                                                                 |   |
|                                      |                                                                                                                                                             |   |
| **PART                              II**  |                                                                                                                                                             |   |
| Item                              5:      | Market                              for Registrant’s Common Equity, Related Stockholder Matters                                                            |   |
|                                      | and                              Issuer Purchases of Equity Securities                                                                                           |   |
| Item                              6:      | Selected                              Financial Data                                                                                                             |   |
| Item                              7:      | Management’s                              Discussion and Analysis of Financial Condition and                              Results of                       |   |
|                                      | Operation                                                                                                                                                        |   |
| Item                              7A:     | Quantitative                              and Qualitative Disclosures about Market Risk                                                                          |   |
| Item                              8:      | Financial                              Statements and Supplementary Data                                                                                         |   |
| Item                              9:      | Changes                              in and Disagreements with Accountants on Accounting                              and                              Financial |   |
|                                      | Disclosure                                                                                                                                                       |   |
| Item                              9A:     | Controls                              and Procedures                                                                                                             |   |
| Item                              9B:     | Other                              Information                                                                                                                   |   |
|                                      |                                                                                                                                                             |   |
| **PART                              III** |                                                                                                                                                             |   |
| Item                              10:     | Directors                              and Executive Officers of the Registrant                                                                                  |   |
| Item                              11:     | Executive                              Compensation                                                                                                              |   |
| Item                              12:     | Security                              Ownership of Certain Beneficial Owners and Management                                                                      |   |
| Item                              13:     | Certain                              Relationships and Related Transactions                                                                                      |   |
| Item                              14:     | Principal                              Accountant Fees and Services                                                                                              |   |
|                                      |                                                                                                                                                             |   |
| **PART                              IV**  |                                                                                                                                                             |   |
| Item                              15:     | Exhibits,                              Financial Statement Schedules                                                                                             |   |
|                                      |                                                                                                                                                             |   |
| Signatures                                |                                                                                                                                                             |   |
|                                      |                                                                                                                                                             |   |

**Table                          of                          Contents**

***SAFE                    HARBOR FOR FORWARD-LOOKING INFORMATION***

| ·   | general                              economic, business and industry conditions in the markets                              in which we                              operate; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | general                              political conditions, including tax rates or policies                              and inflation                              rates; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | industry                              and market changes, including the impact of consolidations                              and changes in                              competition; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | risks                              associated with conducting business in foreign countries,                              including                              foreign currency fluctuations; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | changes                              in current advertising, promotional and pricing                              levels; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------|

| ·   | changes                              in sales mix and difficulty of forecasting sales at                              various times in                              various markets; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the                              impact of acquisitions and                              dispositions; |
|--------------------|--------------------------------------------------------------------------------------------------------|

| ·   | changes                              in or compliance with laws and regulations, particularly                              those relating to                              taxation and protection of the                              environment; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | significant                              litigation adverse to the company, including product                              liability                              claims; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | disruptions                              of established supply channels, including channel conflicts                              or the                              financial weakening of our channel                              partners; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | degree                              of acceptance of new products; |
|--------------------|--------------------------------------------------------------------|

| ·   | our                              ability to access the debt and equity markets, which                              will depend on                              general market conditions and the credit ratings for                              our debt                              obligations; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**PART                    I**

ITEM                    1: BUSINESS

**Table                        of Contents**

**MacDermid                    Segment and Product Information**

*Segment                    Information*

*Product                    Information*

**Table                              of Contents**

**Manufacturing**

**Sales,                    Marketing and Distribution**

| **Class                              of Products**         | **Fiscal                              Year 2005** | **Fiscal                              Year 2004** | **Fiscal                              Year 2003** |
|------------------------------------------------------------|---------------------------------------------------|---------------------------------------------------|---------------------------------------------------|
|                                                       | **(in                              thousands)**   |
| Proprietary                              chemicals         | 699,867                                           | 95%                                               | 619,135                                           | 94% | 581,744 | 94% |
| Resale                              chemicals and supplies | 25,076                                            | 3%                                                | 26,374                                            | 4% | 19,523 | 3% |
| Equipment                              and other           | 13,100                                            | 2%                                                | 15,276                                            | 2% | 18,619 | 3% |

** **

**Table                              of                              Contents**

**Research                      and Development**

**Intellectual                    Property**

**Government                    and Environmental Regulation**

**Competitive                    Environment**

**Table                          of Contents**

**Employees**

**Financial                    Information by Geographic Area**

**Available                    Information **

*http://www.macdermid.com/*

*http://www.macdermid.com*

ITEM                    1A. RISK FACTORS

*The                    competitive pressures we face could harm our sales and gross                    profit.*

**Table                          of                          Contents**

*Prolonged                    downturns of our customers' industries and general economic uncertainty                    could                    adversely affect our sales and operating profit. *

*Our                    indebtedness could adversely affect our financial health, limit                    our ability to                    grow and compete and prevent us from fulfilling our obligations                    under our                    indebtedness. *

| ·   | require                              us to dedicate a substantial portion of our cash flow                              from operations to                              payments on our indebtedness, thereby reducing the                              availability of our                              cash flow to fund working capital, capital expenditures,                              dividends,                              research and development efforts and other general                              corporate purposes; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | increase                              the amount of our interest expense, because certain                              of our borrowings may                              be at variable rates of interest, which, if interest                              rates increase, could                              result in higher interest expense; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | increase                              our vulnerability to general adverse economic and industry                              conditions; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | limit                              our flexibility in planning for, or reacting to, changes                              in our business                              and the industry in which we operate; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | restrict                              us from making strategic acquisitions, introducing                              new technologies or                              exploiting business opportunities; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | place                              us at a competitive disadvantage compared to our competitors                              that have                              less indebtedness; and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | limit,                              along with the financial and other restrictive covenants                              in our                              indebtedness, among other things, our ability to borrow                              additional funds,                              dispose of assets or pay cash dividends. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Table                        of Contents**

*The                    revenue and profitability of our operations have historically                    varied, which                    makes our future financial results less predictable. *

*We                    face competition from other chemical companies, which could adversely                    affect our                    revenues and financial condition. *

*Changes                    in our customers' products can reduce the demand for our specialty                    chemicals.*

*Our                    profitability could be reduced by declines in the average selling                    prices in the                    specialty chemicals industry. *

**Table                        of Contents**

*Environmental                    and health and safety liabilities and requirements could require                    us to incur                    material costs. *

| ·   | discharges                              of pollutants into the air and water; |
|--------------------|-------------------------------------------------------------------------------|

| ·   | the                              management and disposal of hazardous substances and                              wastes;                              and |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the                              cleanup of contaminated properties. |
|--------------------|----------------------------------------------------------------------|

*Our                    substantial international operations subject us to risks not                    faced by domestic                    competitors, including unfavorable political, regulatory, labor,                    tax and                    economic conditions in other countries that could adversely affect                    our business,                    financial condition and results of operations. *

| ·   | agreements                                  may be difficult to enforce and receivables difficult                                  to collect through a                                  foreign country's legal system; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | foreign                                  customers may have longer payment cycles; |
|--------------------|------------------------------------------------------------------------------------|

| ·   | foreign                                  countries may impose additional withholding taxes                                  or otherwise tax our                                  foreign income, impose tariffs or adopt other restrictions                                  on foreign                                  trade or investment, including currency exchange                                  controls; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | U.S.                                  export licenses may be difficult to obtain; |
|--------------------|-----------------------------------------------------------------------------------|

| ·   | intellectual                                  property rights may be more difficult to enforce                                  in foreign countries; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------|

**Table                        of Contents**

| ·   | fluctuations                                  in exchange rates may affect product demand and                                  may adversely affect the                                  profitability in U.S. dollars of products and services                                  provided by us in                                  foreign markets where payment for our products                                  and services is made in the                                  local currency; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | general                                  economic conditions in the countries in which we                                  operate could have an                                  adverse effect on our earnings from operations                                  in those countries; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | our                                  business and profitability in a particular country                                  could be affected by                                  political or economic repercussions on a domestic,                                  country specific or                                  global level from terrorist activities and the                                  response to such                                  activities; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | unexpected                                  adverse changes in foreign laws or regulatory requirements                                  may occur,                                  including with respect to export duties and quotas; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | compliance                                  with a variety of foreign laws and regulations                                  may be difficult; and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | overlap                                  of different tax structures may subject us to additional                                  taxes. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------|

*We                    are exposed to fluctuations in foreign exchange rates, which                    may adversely                    affect our operating results and net income. *

*Unfavorable                    economic conditions outside of the United States could materially                    and adversely                    affect our financial performance. *

**Table                        of Contents**

*We                    may be unable to respond effectively to technological changes                    in our industry,                    which could reduce the demand for our products and adversely                    affect our results                    of operations. *

*We                    rely on patents and confidentiality agreements to protect our                    intellectual                    property. Our future performance and growth could be adversely                    affected if we                    fail to protect our intellectual property rights. *

*We                        may not be able to consummate future acquisitions or successfully                        integrate                        acquisitions into our business, which could result in our                        Company incurring                        unanticipated expenses and losses.*

**Table                              of                              Contents**

| ·   | unexpected                                  losses of key employees or customers of the acquired                                  company; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | conforming                                  the acquired company's standards, processes, procedures                                  and controls with                                  our operations; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | coordinating                                  new product and process development; |
|--------------------|------------------------------------------------------------------------------------|

| ·   | hiring                                  additional management and other critical personnel; |
|--------------------|---------------------------------------------------------------------------------------------|

| ·   | negotiating                                  with labor unions; and |
|--------------------|---------------------------------------------------------------------|

| ·   | increasing                                  the scope, geographic diversity and complexity                                  of our operations. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------|

*Increases                        in costs or reductions in supplies of specialty and commodity                        chemicals we use                        in our manufacturing process could materially and adversely                        affect our operating                        results. *

*Our                    production facilities are subject to operating hazards, the occurrence                    of which                    could have an adverse effect on our business, financial condition                    or results of                    operations. *

**Table                          of                          Contents**

*Our                    restructuring initiatives may not result sufficient cost savings                    to justify                    their expense. *

*We                    are subject to litigation that could have an adverse effect upon                    our business,                    financial condition, results of operations or reputation. *

*Compliance                    with government regulations, or penalties for non-compliance,                    could prevent or                    increase the cost of the development, distribution and sale of                    our products.*

*Our                    credit rating is subject to change.*

**Table                        of Contents**

*We                    are exposed to intangible asset risk. *

*Recently                    enacted changes in the securities laws and regulations are likely                    to increase                    our costs. *

*Due                    to inherent limitations, there can be no assurance that our system                    of disclosure                    and internal controls and procedures will be successful in preventing                    all errors                    or fraud, or in informing management of all material information                    in timely                    manner. *

*There                    are inherent uncertainties involved in estimates, judgments and                    assumptions used                    in the preparation of financial statements in accordance with                    US GAAP. Any                    changes in estimates, judgments and assumptions could have a                    material adverse                    effect on our business, financial position and results of operations.                    *

**Table                          of                          Contents**

*We                    may be adversely affected if we lose the services of Daniel H.                    Leever or any                    other member of our senior management team. *

*The                    interests of our principal shareholders may conflict with your                    interests, and                    they could act in a manner detrimental to you. *

*Substantial                    sales of our common stock could cause our stock price to decline.                    *

*Our                    stock price has been, and may continue to be, volatile, which                    could result in                    losses for investors purchasing shares of our common stock. Investors                    may not be                    able to resell their shares at or above their purchase price.*

| ·   | variations                              in our results of operations, |
|--------------------|-----------------------------------------------------------------------|

| ·   | perceptions                              about market conditions in the industries we serve,                              and |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| ·   | general                              market conditions. |
|--------------------|---------------------------------------------------------|

**Table                          of                          Contents**

*Business                    disruptions could seriously harm our future revenue and financial                    condition and                    increase our costs and expenses.*

ITEM                    1B. UNRESOLVED STAFF COMMENTS

ITEM                    2: PROPERTIES 

| **Location**                                                               | **Principal                                  Use**          | **Ownership                                  status**                                                                                                                                                                           |
|----------------------------------------------------------------------------|-------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *Corporate                                  & other support functions* |                                                        |                                                                                                                                                                                                                            |
|                                                                       | Denver,                                  Colorado           | Executive                                  offices                                                                                                                                                                              | Owned |
|                                                                       | Waterbury,                                  Connecticut     | ASF                                  and MPS segment administration offices, marketing                                  offices, corporate                                  service, customer support and research laboratories | Owned |
|                                                                       |                                                        |                                                                                                                                                                                                                            |   |
| *Advanced                                  Surface Finishing*              |                                                        |                                                                                                                                                                                                                            |
|                                                                       | Middletown,                                  Delaware       | Factory,                                  warehouse and offices                                                                                                                                                                 | Owned |
|                                                                       | Schaumburg,                                  Illinois       | Warehouse                                  and offices                                                                                                                                                                          | Leased |
|                                                                       | Ferndale,                                  Michigan         | Factory,                                  warehouse and offices                                                                                                                                                                 | Owned |
|                                                                       | New                                  Hudson, Michigan       | Laboratories                                  and offices                                                                                                                                                                       | Owned |
|                                                                       | Pasadena,                                  Texas            | Factory,                                  warehouse and offices                                                                                                                                                                 | Owned |
|                                                                       | Hsin                                  Chu, Taiwan           | Factory,                                  warehouse, laboratories and offices                                                                                                                                                   | Owned |
|                                                                       | Panyu,                                  China               | Factory,                                  warehouse, laboratories and offices                                                                                                                                                   | Owned |
|                                                                       | Suzhou,                                  China              | Factory,                                  laboratories and offices                                                                                                                                                              | Owned |
|                                                                       | Yokohama,                                  Japan            | Laboratories                                  and offices                                                                                                                                                                       | Leased |
|                                                                       | Birmingham,                                  United Kingdom | Factory,                                  warehouse, laboratories and offices                                                                                                                                                   | Owned |
|                                                                       | Wigan,                                  United Kingdom      | Factory,                                  warehouse and offices                                                                                                                                                                 | Owned |
|                                                                       | Novara,                                  Italy              | Factory,                                  warehouse, laboratory and offices                                                                                                                                                     | Owned |
|                                                                       | Eitten-Leur,                                  Netherlands   | Warehouse                                  and offices                                                                                                                                                                          | Leased |
|                                                                       | Barcelona,                                  Spain           | Factory,                                  warehouse, laboratory and offices                                                                                                                                                     | Owned |

**Table                        of Contents**

| *Printing                                  Solutions* |                                                                |                                                                          |
|-------------------------------------------------------|---------------------------------------------------------------------|-------------------------------------------------------------------------------|
|                                                  | Morristown,                                  Tennessee              | Factory,                                  warehouse, laboratory and offices   | Owned |
|                                                  | Atlanta,                                  Georgia                   | Offices                                  and laboratories                     | Owned |
|                                                  | San                                  Marcos, California             | Factory,                                  warehouse, laboratory and offices   | Owned |
|                                                  | Eden                                  Prairie, Minnesota            | Factory,                                  warehouse, laboratories and offices | Leased |
|                                                  | Kvistgaard,                                  Denmark                | Factory,                                  warehouse, laboratories and offices | Leased |
|                                                  | Cernay,                                  France                     | Factory,                                  warehouse, laboratories and offices | Owned |
|                                                  | Mirambeau,                                  France                  | Factory                                  and offices                          | Owned |
|                                                  | Steinbach,                                  France                  | Factory,                                  warehouses, and offices             | Owned |
|                                                  | Campbellfield,                                  Victoria, Australia | Factory,                                  warehouse and offices               | Leased |
|                                                  | Hoofddorp,                                  The Netherlands         | Factory                                  and warehouse                        | Leased |
|                                                  | Pioltello,                                  Italy                   | Warehouse                                  and offices                        | Leased |
|                                                  | Wantage,                                  United Kingdom            | Factory,                                  warehouse, laboratory and offices   | Leased |

ITEM                    3: LEGAL PROCEEDINGS 

ITEM                    4: SUBMISSION OF MATTERS TO A VOTE OF SECURITY                    HOLDERS

**PART                    II**

ITEM                    5: MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED                    STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

ITEM                    6: SELECTED FINANCIAL DATA

**Table                        of Contents**

ITEM                      7: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL                      CONDITION AND RESULTS OF OPERATION

ITEM                    7A: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT                    MARKET RISK

**Table                        of Contents**

ITEM                      8: FINANCIAL STATEMENTS AND SUPPLEMENTARY                      DATA

ITEM                    9: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON                    ACCOUNTING AND FINANCIAL DISCLOSURES

ITEM                    9A: CONTROLS AND PROCEDURES

*Evaluation                    of disclosure controls and procedures*

*Changes                    in Internal Controls *

**Table                        of Contents**

*Limitations                    on the Effectiveness of Controls *

*Chief                    Executive Officer and Principal Financial Officer Certifications                    *

ITEM                    9B: OTHER INFORMATION

**PART                    III**

ITEM                    10: DIRECTORS AND EXECUTIVE OFFICERS OF THE                    REGISTRANT

*Directors,                    Audit Committee and Audit Committee Financial Expert*

**Table                        of Contents**

*Executive                    Officers*

**Daniel                    H. Leever**

**Stephen                    Largan**

**John                    L. Cordani**

**Gregory                    M. Bolingbroke**

**Frank                    J. Monteiro**

**Paul                    J. Morrison**

*Section                    16(a) Beneficial Ownership Reporting Compliance*

**Table                        of Contents**

*Code                    of Ethics*

*http://www.macdermid.com/governance.html*

ITEM                    11: EXECUTIVE COMPENSATION

ITEM                    12: SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS                    AND MANAGEMENT

ITEM                    13: CERTAIN RELATIONSHIPS AND RELATED                    TRANSACTIONS

ITEM                    14: PRINCIPLE ACCOUNTING FEES AND                    SERVICES

**Table                          of                          Contents**

**PART                    IV**

ITEM                    15: EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

**Report                            of Independent Registered Public Accounting Firm**

**Table                              of                              Contents**

**Schedule                            II:**

**Valuation                            and Qualifying Accounts**

**for                            the years ended December 31, 2005, 2004, and 2003.**

**(Amounts                            in thousands)**

|                                                        |   |   |                                                  |   |   |          |   |   |           |   |   |                                                 |
|-------------------------------------------------------------|--------|--------|-------------------------------------------------------|--------|--------|---------------|--------|--------|----------------|--------|--------|------------------------------------------------------|
|                                                        |   |   | **Balance                                      at**   |   |   |          |   |   |           |   |   |                                                 |
|                                                        |   |   | **beginning                                      of** |   |   |          |   |   |           |   |   | **Balance                                      at**  |
| **Description**                                             |   |   | **year**                                              |   |   | **Additions** |   |   | **Deductions** |   |   | **end                                      of year** |
|                                                        |   |   |                                                  |   |   |          |   |   |           |   |   |                                                 |
| Allowance                                      for doubtful |   |   |                                                  |   |   |          |   |   |           |   |   |                                                 |
| receivables:                                                |   |   |                                                  |   |   |          |   |   |           |   |   |                                                 |
| December                                      31, 2005      |   | $      | 11,822                                                |   | $      | 1,839         |   | $      | 2,695          |   | $      | 10,966                                               |
| December                                      31, 2004      |   | $      | 11,908                                                |   | $      | 3,562         |   | $      | 3,648          |   | $      | 11,822                                               |
| December                                      31, 2003      |   | $      | 12,743                                                |   | $      | 2,606         |   | $      | 3,441          |   | $      | 11,908                                               |
|                                                        |   |   |                                                  |   |   |          |   |   |           |   |   |                                                 |

|                                             | **EXHIBIT                                  INDEX TO 2005 FORM 10-K ANNUAL REPORT**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                                          |
|--------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------|
| **Exhibit                                  No.** | **Description**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                          |
| 3.1                                              | Restated                                  Certificate of Incorporation, MacDermid, Incorporated                                  amended as of                                  January                                  16, 1998, is incorporated by reference to our December                                  31, 2003, Form                                  10-K, exhibit 3.1.                                                                                                                                                                                                                                                                                                          | By                                  reference |
| 3.2                                              | Restated                                  By-Laws of MacDermid, Incorporated amended as of                                  February 26, 2005.                                  Incorporated                                  by reference to our Current Report on Form 8-K                                  furnished March 3, 2005,                                  Exhibit 99.1                                                                                                                                                                                                                                                                                                         | By                                  reference |
| 4                                                | Credit                                  Agreement, amended, dated as of April 28, 2004,                                  among MacDermid,                                  Incorporated,                                  the banks signatory thereto and Bank of America,                                  N.A. as                                  agent,letter                                  of credit issuing bank and swing line lender. Incorporated                                  by reference to                                  Form 10-Q quarterly report for the period ended                                  March 30, 2003, Exhibit                                  4. | By                                  reference |
| 10.1                                             | MacDermid,                                  Incorporated 1992 Special Stock Purchase Plan,                                  amended as of November                                  1, 1992. Incorporated by reference to December                                  31, 1993, Form 10-K Exhibit                                  10.                                                                                                                                                                                                                                                                                                                                                         | By                                  reference |
| 10.2                                             | MacDermid,                                  Incorporated 1995 Equity Incentive Plan. Incorporated                                  by reference to                                  December 31, 2003, Form DEF 14A Definitive proxy                                  statement filed March 15,                                  2004, Appendix B.                                                                                                                                                                                                                                                                                                                                           | By                                  reference |
| 10.3                                             | MacDermid,                                  Incorporated 1998 Equity Incentive Plan. Incorporated                                  by reference to                                  December 31 1999, Form 10-K Exhibit 10.3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                | By                                  reference |
| 10.4                                             | MacDermid,                                  Incorporated 2001 Equity Incentive Plans. Incorporated                                  by reference to                                  December 31, 2003, Form DEF 14A Definitive proxy                                  statement filed March 15,                                  2004, Appendix B.                                                                                                                                                                                                                                                                                                                                          | By                                  reference |
| 10.5                                             | Severance                                  Agreement. Incorporated by reference to December                                  31, 2002 Form 10-K                                  Exhibit 10.5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | By                                  reference |
| 10.6                                             | Employment                                  Agreement. Incorporated by reference to December                                  31, 2003, Form 10-K                                  Exhibit 10.6.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | By                                  reference |
| 12                                               | Computation                                  of ratio of earnings to fixed charges.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | Attached                                      |
| 13                                               | MacDermid's                                  2005 Annual Report to Shareholders, as required                                  by Item 8.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | Attached                                      |
| 14                                               | Code                                  of Ethics of MacDermid, Incorporated. Incorporated                                  by reference to Current                                  Report on Form 8-K filed June 29, 2004, Exhibit                                  99.1.                                                                                                                                                                                                                                                                                                                                                                                                                    | By                                  reference |
| 21                                               | Subsidiaries                                  of MacDermid, Incorporated.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | Attached                                      |
| 23                                               | Consent                                  of Independent Registered Public Accounting Firm.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | Attached                                      |
| 24                                               | Powers                                  of Attorney.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | Attached                                      |
| 31.1                                             | Certification                                  of Chief Executive Officer pursuant to Rule 13-a-14(a)                                  and Rule 15d-14(a)                                  of the Securities Exchange Act of 1934, as amended.                                                                                                                                                                                                                                                                                                                                                                                                                                               | Attached                                      |
| 31.2                                             | Certification                                  of Principal Financial Officer pursuant to Rule                                  13-a-14(a) and Rule                                  15d-14(a) of the Securities Exchange Act of 1934,                                  as                                  amended.                                                                                                                                                                                                                                                                                                                                                                         | Attached                                      |
| 32                                               | Certification                                  of Chief Executive Officer and Principal Financial                                  Officer pursuant to 18                                  U.S.C. 1350, as adopted pursuant to Section 906                                  of the Sarbanes Oxley Act                                  of 2002.                                                                                                                                                                                                                                                                                                                                              | Attached                                      |

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**SIGNATURES**