  For an essential, central hyperplane arrangement A in V=k^{n+1}, we show that
\Omega^1(A) (the module of logarithmic one forms with poles along A) gives rise
to a locally free sheaf on P^n if and only if for all X in L_A with rank X<dim
V, the module \Omega^1(A_X) is free. Our main result is that in this case the
Poicare polynomial of A is essentially the Chern polynomial. The proof is based
on a result of Solomon and Terao and on a formula we give for the Chern
polynomial of a bundle E on P^n in terms of the Hilbert series of \oplus_m
H^0(\wedge^iE(m)). If \Omega^1(A)has projective dimension one and is locally
free, we give a minimal free resolution for \Omega^p, and show that
\wedge^p(\Omega^1(A))\iso\Omega^p(A), generalizing results of Rose and Terao on
generic arrangements.
