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<TITLE>April 28, 2000</TITLE>
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<P>April 28, 2000</TD>
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<P> </P>
<P>Wellman, Inc.</P>
<P>Shrewsbury Executive Center</P>
<P>1040 Broad Street</P>
<P>Suite 302</P>
<P>Shrewsbury, New Jersey  07702</P>
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<P>Attention:</TD>
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<P>Keith R. Phillips, Vice President, Chief</P>
<P>Financial Officer and Treasurer</P>
<P>and Audrey Goodman, Assistant Treasurer</TD>
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<TR><TD WIDTH="33%" VALIGN="TOP"> </TD>
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<P>Re:</TD>
<TD WIDTH="94%" VALIGN="TOP">
<U><P>Loan Agreement dated as of September 28, 1999 by and between Wellman, Inc. a Delaware corporation ("Borrower") and Fleet National Bank as Agent (the "Agent") for itself and the other Banks party thereto and such Banks (the "Agreement")</U></TD>
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<P>Ladies and Gentlemen:</P>

<P>	The Borrower has requested the Agent and the Banks to consent to application of a permanent reduction of the 4-Year Commitment (which will also constitute a permanent reduction of the Commitment) in the manner described below.</P>

<P>	Capitalized terms used herein and not expressly defined herein shall have the respective meanings assigned thereto in the Agreement.</P>

<P>	Subsequent to the execution of the Agreement and prior to the date hereof, the Borrower executed a $50,000,000 private placement financing.  The Borrower now desires to permanently reduce the 4-Year Commitment by $50,000,000 pursuant to <U>Section
2.09</U> of the Agreement, but to apply (i) at least $45,000,000 of such reduction on a non-pro rata basis in Wellman's discretion to the Pro Rata Shares of the 4-Year Commitment held by the five Banks currently holding the largest Pro Rata Shares of the
4-Year Commitment (the "Five Banks") and (ii) up to $5,000,000 of the $50,000,000 4-Year Commitment reduction in Wellman's discretion to the Pro Rata Shares of the 4-Year Commitment held by any of the Banks on a non-pro rata basis; provided that after
giving effect to such reduction in the 4-Year Commitment none of the Five Banks' Pro Rata Shares of the 4-Year Commitment shall have been reduced by more than $15,000,000 and Fleet National Bank shall retain the largest Pro Rata Share of the 4-Year
Commitment.  Wellman hereby requests the consent of the Banks and the Agent to such 4-Year Commitment permanent reduction which shall occur only upon the consents of the Banks and the Agent becoming effective.</P>

<P>	Borrower's request for consent shall be deemed withdrawn unless the consent hereto of the Banks and the Agent shall have become effective by April 30, 2000 unless such date is extended by notice from the Borrower to the Agent.</P>

<P>	The Agent and the Banks hereby consent to said permanent reduction of the 4-Year Commitment in this one instance and waive the provisions of <U>Sections 2.09</U>, <U>2.16</U> and <U>2.18</U> to the extent any of such Sections may be inconsistent
with said permanent reduction.  The Agent, the Banks and the Borrower hereby confirm that future permanent reductions in the Commitment pursuant to <U>Section 2.09</U> of the Agreement may be applied by the Borrower toward a reduction in the 4-Year Commitment and/or 364-Day Commitment as Borrower determines, so long as any such reduction is applied on a pro rata basis to the Pro Rata Shares of the
Commitment being reduced.</P>

<P>	The Borrower, the Agent and the Banks hereby agree that immediately after such permanent reduction of the 4-Year Commitment <U>Exhibit K</U> to the Loan Agreement shall thereupon be deemed amended to accurately reflect the Pro Rata Shares of the
Banks after giving effect to said permanent reduction of the 4-Year Commitment.</P>

<P>	The Borrower represents that no Default or Event of Default exists under the Agreement.</P>

<P>	The amendment and consent contained herein are limited to the voluntary permanent reduction of the 4-Year Commitment described above only and are not nor shall they be construed as an amendment and/or consent with respect to any other reduction of
the Commitment.</P>

<P>	Except to the extent of the above-referenced amendment and consent, each of the above-referenced provisions in the Agreement shall remain in full force and effect.</P>

<P>	The signatures below on behalf of each of the Borrower, the Agent and each Bank establishes said party's consent to and agreement with the foregoing.</P>

<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
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<P>FLEET NATIONAL BANK, as Agent and a Lender</P>

<P>By: <U>/s/  John P. O'Laughlin</P>
</U><P>       Name:  John P. O'Laughlin</P>
<P>       Title:  Vice President</TD>
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<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>AGREED TO:</P>

<P>WELLMAN, INC.</P>

<P>By: <U>/s/  Audrey Goodman</P>
</U><P>       Name:  Audrey Goodman</P>
<P>       Title:  Assistant Treasurer</TD>
</TR>
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<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
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<P>LENDERS:</P>

<P>BANK OF AMERICA, N.A., as Bank and as Syndication Agent</P>

<P>By: <U>/s/  Eileen C. Higgins</P>
</U><P>       Name:  Eileen C. Higgins</P>
<P>       Title:  Vice President</TD>
</TR>
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<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>FIRST UNION NATIONAK BANK, as a Bank and as Documentation Agent</P>

<P>By: <U>/s/  Peter G. Macey</P>
</U><P>       Name:  Peter G. Macey</P>
<P>Title:  Senior Vice Pres.</TD>
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<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
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<TD WIDTH="50%" VALIGN="TOP">
<P>WACHOVIA BANK, N.A., as a Bank and as a Senior Managing Agent</P>

<P>By:  <U>/s/  M. Eugene Wood, III</P>
</U><P>        Name:  M. Eugene Wood, III</P>
<P>        Title:  Senior Vice President</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>THE CHASE MANHATTAN BANK, as a Bank and as a Senior Managing Agent</P>

<P>By:  <U>/s/  Lawrence Palumbo, Jr.</P>
</U><P>        Name:  Lawrence Palumbo, Jr.</P>
<P>        Title:  Vice President</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>THE NORTHERN TRUST COMPANY., as a Bank</P>

<P>By:  <U>/s/  David J. Mitchell</P>
</U><P>        Name:  David J. Mitchell</P>
<P>        Title:  Vice President</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>THE GOVERNOR & COMPANY OF THE BANK OF IRELAND, as a Bank </P>

<P>By:  <U>/s/  Tony O'Donovan</P>
</U><P>        Name:  Tony O'Donovan</P>
<P>        Title:  Executive</TD>
</TR>
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<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>MELLON BANK, N.A., as a Bank </P>

<P>By:  <U>/s/  Leonard M. Karpen, Jr.</P>
</U><P>        Name:  Leonard M. Karpen, Jr.</P>
<P>        Title:  Vice President</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
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<TD WIDTH="50%" VALIGN="TOP">
<P>BANCA MONTE DEI PASCHI DI SIENA S.P.A., as a Bank </P>

<P>By:  <U>/s/  G. Nataliechi         Nicolas A. Kanaris</P>
</U><P>        Name: G. Nataliechi   Nicolas A. Kanaris</P>
<P>        Title:  S.V.P. &           Vice President</P>
<P>            General Manager</TD>
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<TD WIDTH="50%" VALIGN="TOP">
<P>MORGAN GUARANTY TRUST COMPANY OF NEW YORK, as a Bank </P>

<P>By:  <U>/s/  R. David Stone</P>
</U><P>        Name:  R. David Stone</P>
<P>        Title:  Vice President</TD>
</TR>
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<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>THE BANK OF NOVA SCOTIA, as a Bank </P>

<P>By:  <U>/s/  B.S. Allen</P>
</U><P>        Name:  B.S. Allen</P>
<P>        Title:  Managing Director</TD>
</TR>
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<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>KBC BANK N.V., as a Bank </P>

<P>By:  <U>/s/  Robert M. Surdam, Jr.</P>
</U><P>        Name:  Robert M. Surdam, Jr.</P>
<P>        Title:  Vice President</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP"> </TD>
<TD WIDTH="50%" VALIGN="TOP">
<P>HIBERNIA NATIONAL BANK, as a Bank </P>

<P>By:  <U>/s/  Nancy G. Moragas</P>
</U><P>        Name:  Nancy G. Moragas</P>
<P>        Title:  Assistant Vice President</TD>
</TR>
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<P> </P>
<P> </P>
<P ALIGN="CENTER"><CENTER><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD VALIGN="TOP">
<B><U><P ALIGN="CENTER">EXHIBIT K</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">PRO RATA SHARES</B></U></TD>
</TR>
</TABLE>
</CENTER></P>


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<P>Name of Bank, Address for Notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="49%" VALIGN="TOP">
<P>	<B>Fleet National Bank</P>
</B><P>	100 Federal Street</P>
<P>	Boston, Massachusetts  02110</P>
<P>	Attention:	John P. O'Loughlin</P>
<P>			Vice President</P>
<P>	Telephone:	(617) 434-3952</P>
<P>	Telecopy:	(617) 434-0601</P>
<P>	E-mail:	john_p_o'loughlin@fleet.com</TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">18.00%</TD>
<TD WIDTH="17%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">12.00%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">20.7272727273%</TD>
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<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Wire Transfer Instructions:</P>

<P>	Fleet National Bank</P>
<P>	Boston, Massachusetts</P>
<P>	ABA #011000138 (FNB-MA)</P>
<P>	Account:  Commercial Loan Services</P>
<P>	      Attn:  Agent Bank MA</P>
<P>	Account #:  1510351 G/L</P>
<P>	Re:  Wellman, Inc.</TD>
<TD WIDTH="50%" VALIGN="TOP"> </TD>
</TR>
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<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>Wachovia Bank, N.A.</P>
</B><P>		152 W. 57th Street, 37th Floor</P>
<P>		New York, NY  10019</P>
<P>		Attention:	Mary Ann Zagroba,</P>
<P>					Senior Vice President</P>
<P>		Telephone:	(212) 603-7702</P>
<P>		Telecopy:	(212) 603-7729</P>
<P>		E-mail:<U>mary anne.zagroba@wachovia.com</U></TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">10.00%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">11.1111112000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">9.4949494545%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		Wachovia Bank, N.A.</P>
<P>		191 Peachtree Street, NE</P>
<P>		28th Floor, MC370</P>
<P>		Atlanta, GA  30303</P>
<P>		Attn:  Trudy T. Collins</P>
<P>		Tel:  (404) 332-6688</P>
<P>		Fax:  (404) 332-4320</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		Wachovia Bank, N.A.</P>
<P>		ABA #:  061000010</P>
<P>		Account Name: FW Money Transfer Suspense</P>
<P>		Attn:  Complex Unit</P>
<P>	Re:  Wellman, Inc.</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>


<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>KBC Bank N.V.</P>
</B><P>		125 West 55th Street</P>
<P>		New York, NY  10019</P>
<P>		Attn:	Robert Surdam, Vice President</P>
<P>					Rasha Mosaad, Assistant Vice</P>
<P>							   President</P>
<P>		Telephone:	(212) 541-0704/0712</P>
<P>		Telecopy:	(212) 541-0793</P>
<P>		E-mail: <U>robert.surdam@kb.be</P>
</U><P>				       <U>rasha.mosaad@kb.be</U></TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">2.50%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">2.2222224000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">2.6262625455%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		KBC Bank N.V.</P>
<P>		125 West 55th Street</P>
<P>		New York, NY  10019</P>
<P>		Attn:  Charleen Cumberbatch/Robert Pacific</P>
<P>		Tel:  (212) 541-0653/0671</P>
<P>		Fax:  (212) 956-5581</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		KBC Bank N.V.</P>
<P>		ABA #:  026-008-248</P>
<P>		Account Name:  KBC New York</P>
<P>		Attn:  Loan Administration</P>
<P>	Re:  Wellman, Inc.</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>


<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>First Union National Bank</P>
</B><P>		190 River Road, NJ3161</P>
<P>		Summit, NJ  07901</P>
<P>		Attn:	Peter Mace, Senior Vice </P>
<P>						President</P>
<P>		Tel:	(908) 598-3237</P>
<P>		Fax:	(908) 598-3050</P>
<P>		E-mail: <U>peter.mace@firstunion,com</P>
</U><P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">15.00%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">16.6666664000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">14.2424243636%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		First Union National Bank</P>
<P>		190 River Road, NJ3130</P>
<P>		Summit, NJ  07901</P>
<P>		Attn:  Janie Cusack</P>
<P>		Tel:  (904) 489-1823</P>
<P>		Fax:  (904) 489-1010</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		First Union National Bank</P>
<P>		Jacksonville, FL</P>
<P>		Fed Wire #:  031201467</P>
<P>		Chips #:  0509</P>
<P>		Tax I.D. #:  22 114 7033</P>
<P>		ABA #:  063000021</P>
<P>		Account #:  145916-2008</P>
<P>		Attn:  Cindy Perry</P>
<P>	Re:  Wellman, Inc.</P>
<P>	Obligor #:  9565178503</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>


<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		The Bank of Nova Scotia</P>
<P>		One Liberty Plaza, 26th Floor</P>
<P>		New York, NY  10006</P>
<P>		Attn:	Brian Allen, Senior </P>
<P>					     Relationship Manager</P>
<P>		Tel:	(212) 225-5030</P>
<P>		Fax:	(212) 225-5090</P>
<P>		E-mail: 	<U>ballen@scotiabank.com</P>
</U><P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.75%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.3333336000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.9393938182%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		The Bank of Nova Scotia</P>
<P>		One Liberty Plaza, 24th Floor</P>
<P>		New York, NY  10006</P>
<P>		Attn:  Peter Colletta,</P>
<P>			    Senior Loan Admin. Officer</P>
<P>		Tel:  (212) 225-5069</P>
<P>		Fax:  (212) 225-5145</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		The Bank of Nova Scotia</P>
<P>		ABA #:  026-002532</P>
<P>		Account Name:  Loan Accounting</P>
<P>		Attn:  Marcia Samuals</P>
<P>	Re:  Wellman, Inc.</P>
</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>

<P> </P>
<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>Morgan Guaranty Trust</P>
<P>		Company of New York</P>
</B><P>		JP Morgan Securities, Inc.</P>
<P>		60 Wall Street, 5th Floor</P>
<P>		New York, NY  10260-0060</P>
<P>		Attn:	Dennis Wilczek, Associate</P>
<P>		Tel:	(212) 648-1265</P>
<P>		Fax:	(212) 648-5018</P>
<P>		E-mail: wilczek_dennis@jpmorgan.com</P>
<P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">6.25%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">5.5555552000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">6.5656567273%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		Morgan Guaranty Trust</P>
<P>		Company of New York</P>
<P>		c/o J.P. Morgan Services, Inc.</P>
<P>		500 Stanton Christiana Road</P>
<P>		Newark, DE  19713</P>
<P>		Attn:  Jeannie Mattson,</P>
<P>			    Associate Credit Administrator</P>
<P>		Tel:  (302) 634-1938</P>
<P>		Fax:  (302) 634-1852</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		Morgan Guarauty Trust</P>
<P>		Company of New York</P>
<P>		New York, NY</P>
<P>		ABA #:  021000238</P>
<P>		Account Name:  Loan Department</P>
<P>				       A/C #999-99-090</P>
<P>		Attn:  Corporate Processing - Mod 23</P>
<P>	Re:  Wellman, Inc.</P>
</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>

<P> </P>
<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>Bank of America, N.A.</P>
</B><P>		335 Madison Avenue, 5th Floor</P>
<P>		New York, NY  10017</P>
<P>		Attn:	Eileen C. Higgins, Vice </P>
<P>					    President</P>
<P>		Tel:	(212) 503-7260</P>
<P>		Fax:	(212) 503-7878</P>
<P>		E-mail: <U>eileen.c.higgins@bankamerica.com</P>
</U><P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">16.25%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">16.6666664000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">16.0606061818%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		Bank of America, N.A.</P>
<P>		101 N. Tryon Street</P>
<P>		NC1-001-15-05</P>
<P>		Charlotte, NC  28255</P>
<P>		Attn:  Bobbie Boratea, CSR</P>
<P>		Tel:  (704) 386-8389</P>
<P>		Fax:  (704) 409-0059</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		Bank of America, N.A.</P>
<P>		ABA #:  053000196</P>
<P>		Attn:  Bobbie Boratea</P>
<P>	Re:  Wellman, Inc.</P>
</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>

<P> </P>
<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<B><P>The Northern Trust Company</P>
</B><P>		50 S. LaSalle, 11th Floor</P>
<P>		Chicago, IL  60675</P>
<P>		Attn:	David J. Mitchell</P>
<P>		Tel:	(312) 444-5033</P>
<P>		Fax:	(313) 444-5055</P>
<P>		E-mail: <U>David_Mitchell@notes.ntrs.com</P>
</U><P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.75%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.3333336000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.9393938182%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		The Northern Trust Company</P>
<P>		50 S. LaSalle, 11th Floor</P>
<P>		Chicago, IL  60675</P>
<P>		Attn:  Ms. Linda Honda</P>
<P>		Tel:  (312) 444-3532</P>
<P>		Fax:  (312) 630-1566</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		The Northern Trust Bank</P>
<P>		ABA #:  071000152</P>
<P>		Comm. Loan Account #:  5186401000</P>
<P>		Credit to:  Commercial Loan Dept.</P>
<P>	Re:  Wellman</P>
</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>

<P> </P>
<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>The Governor & Company of the Bank </P>
<P>		of Ireland</P>
</B><P>		Corporate Banking</P>
<P>		Head Office</P>
<P>		Lower Baggot Street</P>
<P>		Dublin 2</P>
<P>		IRELAND</P>
<P>		Attn:	Helen Prendergast</P>
<P>		Tel:	011-353-1-6044044</P>
<P>		Fax:	011-353-1-6044025</P>
<P>		E-mail: <U>helen.prendergast@boi.ie</P>
</U><P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">5.00%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">4.4444448000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">5.2525250909%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		Bank of Ireland Corporate Banking</P>
<P>		Loan Administration</P>
<P>		Hume House, Pembroke Road, Ballsbridge</P>
<P>		Dublin 4</P>
<P>		IRELAND</P>
<P>		Attn:  Cathal Browne/Yvonne Manahan</P>
<P>		Tel:  011-353-1-6187489</P>
<P>		Fax:  011-353-1-6187462/75</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		The Chase Manhattan Bank</P>
<P>		New York</P>
<P>		ABA #:  021000021</P>
<P>		Further Credit:  Bank of Ireland </P>
<P>					Group Treasury</P>
<P>		Attn:  Yvonne Manahan</P>
<P>	Re:  Wellman, Inc.</P>
<P>	Account #:  0011015815</P>
<P>	Swift Code:  CHASUS33</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>


<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>Mellon Bank, N.A.</P>
</B><P>		1735 Market Street, 7th Floor</P>
<P>		Philadelphia, PA  19103</P>
<P>		Attn:	Leonard M. Karpen, Jr., </P>
<P>					Vice President</P>
<P>		Tel:	(215) 553-3126</P>
<P>		Fax:	(215) 553-4899</P>
<P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.75%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.3333336000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">3.9393938182%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		Mellon Bank, N.A.</P>
<P>		3 Mellon Bank Center, 12th Floor</P>
<P>		Pittsburgh, PA  15259</P>
<P>		Attn:  Sannford Richards</P>
<P>		Tel:  (412) 234-8285</P>
<P>		Fax:  (412) 209-6118</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		Fed Wire #:  990873800</P>
<P>		Mellon Bank, N.A.</P>
<P>		ABA #:  043-000-261</P>
<P>	Re:  Wellman, Inc.</P>
<P>	Attn:  Sannford Richards</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>


<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>Banca Monte dei Paschi di Siena S.p.A.</P>
</B><P>		55 East 59th Street</P>
<P>		New York, NY  10022</P>
<P>		Attn:	Nick Kanaris, Vice President</P>
<P>		Tel:	(212) 891-3655</P>
<P>		Fax:	(212) 891-3661</P>
<P>		E-mail: <U>mpsnyb@compuserve,com</P>
</U><P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">2.50%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">2.2222224000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">2.6262625455%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		Banca Monte dei Paschi di Siena S.p.A.</P>
<P>		55 East 59th Street</P>
<P>		New York, NY  10022</P>
<P>		Attn:  Mei Tam</P>
<P>		Tel:  (212) 891-3649</P>
<P>		Fax:  (212) 891-3661</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		The Chase Manhattan Bank</P>
<P>		ABA #:  021000021</P>
<P>		Further Credit:  Banca Monte dei</P>
<P>					Paschi di Siena S.p.A.</P>
<P>		Account #:  544-7-78865</P>
<P>	Re:  Wellman</P>
</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>

<P> </P>
<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>The Chase Manhattan Bank</P>
</B><P>		270 Park Avenue, 33th Floor</P>
<P>		New York, NY  10017</P>
<P>		Attn:	Lawrence Palumbo, </P>
<P>						Vice President</P>
<P>		Tel:	(212) 270-7525</P>
<P>		Fax:	(212) 270-7939</P>
<P>		E-mail: <U>lawrence.palumbo@chase,com</P>
</U><P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">10.75%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">11.1111112000%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">10.5858585455%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		The Chase Manhattan Bank</P>
<P>		1 Chase Manhattan Plaza, 8th Floor</P>
<P>		New York, NY  10081</P>
<P>		Attn:  Tanya Mitchell</P>
<P>		Tel:  (212) 552-7206</P>
<P>		Fax:  (212) 552-5777</P>

<P>For Bid Loans:</P>

<P>		The Chase Manhattan Bank</P>
<P>		270 Park Avenue, 8th Floor</P>
<P>		New York, NY  10017</P>
<P>		Attn:  Frank Angelico</P>
<P>		Tel:  (212) 834-4434</P>
<P>		Fax:  (212) 834-6160</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		The Chase Manhattan Bank</P>
<P>		ABA #:  021000021</P>
<P>		Attn:  Vicky Taler</P>
<P>	Re:  Wellman, Inc.</P>
</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>

<P> </P>
<P> </P>
<P> </P>
<P ALIGN="CENTER">*******************</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="50%" VALIGN="TOP">
<P>Name of LENDER, address for notices</P>
<U><P>and Instructions for Wire Transfers</U></TD>
<TD WIDTH="50%" VALIGN="TOP">

<U><P ALIGN="CENTER">Pro Rata Share</U></TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=684>
<TR><TD WIDTH="46%" VALIGN="TOP">
<P>		For Credit Matters:</P>

<P>		<B>Hibernia National Bank</P>
</B><P>		313 Carondelet Street</P>
<P>		New Orleans, LA  70130</P>
<P>		Attn:	Nancy Moragas,</P>
<P>					Assistant Vice President</P>
<P>		Tel:	(504) 533-2863</P>
<P>		Fax:	(504) 533-5434</P>
<P>		E-mail: <U>nmoragas@hiberniabank,com</P>
</U><P>				   </TD>
<TD WIDTH="15%" VALIGN="TOP">
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Loans and</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">2.50%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">364-Day Loan</P>
<P ALIGN="CENTER">and 364-Day</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">8.00%</TD>
<TD WIDTH="19%" VALIGN="TOP">
<P ALIGN="CENTER">4-Year Loan and</P>
<P ALIGN="CENTER">4-Year</P>
<U><P ALIGN="CENTER">Commitment</P>
</U><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">0%</TD>
</TR>
</TABLE>


<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=655>
<TR><TD WIDTH="52%" VALIGN="TOP">
<U><P>For Administrative/Operations Matters</U>:</P>

<P>		Hibernia National Bank</P>
<P>		313 Carondelet Street</P>
<P>		New Orleans, LA  70130</P>
<P>		Attn:  Debbie Lee,</P>
<P>			Assistant Account Representative</P>
<P>		Tel:  (504) 533-5395</P>
<P>		Fax:  (504) 533-5434</P>

<U><P>Wire Transfer Instructions</U>:</P>

<P>		Hibernia National Bank</P>
<P>		New Orleans, LA</P>
<P>		ABA:  065-000-090</P>
<P>		Further Credit:  Energy/Maritime</P>
<P>				Wire No. 0600-36615</P>
<P>		Attn:  Debbie Lee</P>
<P>	Re:  Wellman, Inc.</TD>
<TD WIDTH="48%" VALIGN="TOP"> </TD>
</TR>
</TABLE>


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