UNIMAR COMPANY

                      TABLE OF CONTENTS





PART I.  FINANCIAL INFORMATION

  ITEM 1.Financial Statements

           Condensed Consolidated Statements of Earnings
              for the Three Months and Six Months ended
              June 30, 1999 and June 30, 1998                 1

           Condensed Consolidated Balance Sheet
              as of June 30, 1999 and December 31, 1998       2

           Condensed Consolidated Statements of Cash Flows
              for the Six Months Ended June 30, 1999 and
              June 30, 1998                                   3

           Notes to Condensed Consolidated Financial
              Statements as of June 30, 1999                  4


  ITEM 2.  Management's Discussion and Analysis of
             Financial Condition and Results of Operations    6


PART II.  OTHER INFORMATION

  ITEM 5. Other Event                                       10

  ITEM 6.  Exhibits and Reports on Form 8-K                 10


  SIGNATURE                                                  11

               PART I.   FINANCIAL INFORMATION

               UNIMAR COMPANY AND SUBSIDIARIES

        CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
                    (THOUSANDS OF DOLLARS)
                         (UNAUDITED)
  <TABLE>
  <CAPTION>
                            THREE MONTHS ENDED   SIX MONTHS ENDED
                                 JUNE 30,            JUNE 30,
                              1999     1998       1999     1998
                             ------    -----     -------  -----

  <S>                      <C>       <C>       <C>      <C>
  Gas revenues              $25,588  $24,549     $49,958  $63,228
  Oil and condensate revenues 7,573    9,167      16,054   18,420
  Less:  IPU Cost            (2,776)  (2,418)     (6,045)  (7,066)
                             -------  ------      ------   ------
  Total revenues             30,385   31,298      59,967   74,582
                             ------   ------      ------   ------
  Production costs            6,172    5,029      12,072    9,646
  Depletion, depreciation
    and amortization          7,802    8,598      18,943   19,322
  Exploration costs
    including dry holes         213      290         268      924
                             ------   ------      ------   ------
  Total cost of sales        14,187   13,917      31,283   29,892
                             ------   ------      ------   ------
  Operating profit           16,198   17,381      28,684   44,690

  General and administrative
    expe nses                   308       12         519      262
  Other income                  (14)     (54)        (27)    (115)
                              ------   ------      ------   ------
  Earnings before income
    taxes                    15,904   17,423      28,192   44,543

  Income tax expense (benefit)
  Current                     9,243   11,810      18,041   31,196
  Deferred                     (729)    (674)       (257)  (2,159)
                              ------   ------     ------   ------
                              8,514   11,136      17,784   29,037
                              ------  ------      ------   ------
  Net earnings               $7,390   $6,287     $10,408  $15,506
                             ======  ======      =======  ======

  </TABLE>

  See accompanying Notes to Condensed Consolidated Financial
  Statements (Unaudited).

               UNIMAR COMPANY AND SUBSIDIARIES

            CONDENSED CONSOLIDATED BALANCE SHEETS
                    (THOUSANDS OF DOLLARS)

  <TABLE>
  <CAPTION>
                                         JUNE 30,   DECEMBER 31,
                                           1999         1998
                                      (UNAUDITED)
  ASSETS
  <S>                                  <C<           <C>
  Current assets:
    Cash and cash equivalents           $  9,417     $ 9,122
    Accounts receivable                    6,907       7,887
    Inventories                           13,475       9,239
    Other current assets                   3,866       2,810
                                        -------      -------
      Total current assets                33,665      29,058

  Property, plant and equipment, at cost:
    Oil and gas properties (successful
      efforts method)                  1,130,038   1,120,150
    Other                                  2,070       1,965
                                        --------     --------
                                       1,132,108   1,122,115

    Less:  accumulated depreciation
      and depletion                      821,156     801,984
                                         -------     -------
    Net property, plant and equipment    310,952     320,131

  Other assets                             2,237       2,227
                                         -------      -------
                                        $346,854    $351,416
                                         =======     ========

  LIABILITIES AND PARTNERS' CAPITAL
  Current liabilities:
    Accounts payable                    $    211     $   929
    Advances from joint venture partners   4,221       4,556
    Accrued liabilities                   12,958      11,712
    Income and other taxes                 6,283       8,866
                                         -------      -------
      Total current liabilities           23,673      26,063

  Deferred income taxes                  124,002     124,259
  Other liabilities                       14,569      12,692

  Partners' capital                      265,936     269,728
    Less:  accumulated other
      comprehensive income                 1,326       1,326
                                        -------      -------
                                         264,610     268,402
    Less:  demand notes receivable        80,000      80,000
                                        -------      -------
                                         184,610     188,402
                                        --------     --------
  Commitments and Contingencies

                                        $346,854     $351,416
                                        ========     ========
  </TABLE>

  See accompanying Notes to Condensed Consolidated Financial
  Statements (Unaudited).

            UNIMAR COMPANY AND SUBSIDIARIES

       CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                    (THOUSANDS OF DOLLARS)
                         (UNAUDITED)
  <TABLE>
  <CAPTION>
                                              SIX MONTHS ENDED
                                                  JUNE 30,
                                               1999    1998
  <S>                                         <C>       <C>
  Operating activities:
  Net earnings                               $10,408   $15,506
  Adjustments to reconcile to net cash
   provided by operating activities:
    Depletion, depreciation and amortization  19,173    19,407
    Deferred income taxes                       (257)   (2,159)
    Exploratory dry hole costs                    (8)       11
    Changes in working capital and other      (4,500)   (9,661)
                                              ------    ------
  Net cash provided by operating activities   24,816    23,104
                                              ------    ------
  Investment activities:
    Capital expenditures                      (9,986)  (12,136)
                                              ------    ------

  Net cash used in investing activities      (9,986)   (12,136)
                                             ------    -------
  Financing activities:
    Capital contributions                         -     9,000
    Capital distributions                    (14,200)  (17,800)
                                             -------   -------
  Net cash used in financing activities      (14,200)   (8,800)
                                             -------   ------
  (Decrease) Increase in advances from joint
    venture partners                            (335)    1,286
                                              ------    ------

  Net increase in cash and cash equivalents      295     3,454

  Cash and cash equivalents at beginning
    of period                                  9,122     4,454
                                              ------    ------
  Cash and cash equivalents at end of period  $9,417    $7,908
                                              ======    ======


  Supplemental cash flow disclosure:

  IPU distributions paid                      $5,282    $9,162
                                              ======    ======
  Income taxes paid                          $20,623   $38,435
                                             =======   =======

  </TABLE>

  See accompanying Notes to Condensed Consolidated Financial
  Statements (Unaudited).

           UNIMAR COMPANY AND SUBSIDIARIES

    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                 JUNE 30, 1999
                  (UNAUDITED)


(1)  Unimar Company (the Company) is a general partnership
  organized under the Texas Uniform Partnership Act.  The
  Company's sole business is its 23.125 percent working
  interest in, and it is the operator of, a joint venture for
  the exploration, development and production of oil and
  natural gas in East Kalimantan, Indonesia, under a
  Production Sharing Contract with Pertamina, the state
  petroleum enterprise of Indonesia.  The Company's partners
  are Unistar, Inc., a Delaware corporation and a wholly-owned
  subsidiary of Atlantic Richfield Company, and LASMO Oil &
  Gas, Inc., a Delaware corporation and an indirect wholly-
  owned subsidiary of LASMO plc, a public limited company
  organized under the laws of England.  Each partner shares
  equally in the Company's net earnings, distributions and
  capital contributions.  See Part II. Other Information -
  Item 5. Other Events.

(2)  These condensed consolidated financial statements should
  be read in the context of the consolidated financial
  statements and notes thereto included in the Company's 1998
  annual report on Form 10-K.  In the opinion of management,
  the accompanying financial statements contain all
  adjustments of a normal recurring nature necessary for a
  fair presentation.  Interim results are not necessarily
  indicative of results on an annualized basis.

  The preparation of financial statements in conformity with
  generally accepted accounting principles requires management
  to make estimates and assumptions that affect the reported
  amounts of assets and liabilities and disclosure of
  contingent assets and liabilities at the date of the
  financial statements and the reported amounts of revenues
  and expenses during the reporting period.  Actual results
  could differ from those estimates.

(3)  Including the second quarter Indonesian Participating Unit
  (IPU) payment shown below, there are two remaining periods for
  which IPU holders are entitled to receive participation payments
  until the expiration of the IPUs on September 25, 1999.  See
  "Expiration of Indonesian Participating Units (IPUs)" in the
  Management's Discussion and Analysis of Financial Condition and
  Results of Operation.  The table below outlines the calculation
  of the IPU participation payment for the second quarter of 1999.
  <TABLE>
  <CAPTION>
                                           1999 Second Quarter
                                          (Thousands of dollars)
       <S>                                         <C>
     Positive cash flow:
       Gas receipts                                $25,854
       Oil and condensate receipts                   8,720
       Other non-revenue cash receipts from
         the Joint Venture                           1,657
                                                     -----
       Total positive cash flow                     36,231
                                                    ------
     Cash outflows:
       Expenditures to the Joint Venture            15,486
       Indonesian income taxes                       8,796
                                                    ------
       Total cash outflows                          24,282
                                                    ------
     Net positive cash flow from 23.125%
       interest in the Joint Venture               $11,949
                                                   =======
     Net cash flow for the benefit of the
       IPU holders*                                 $2,910
                                                    ======
     Participation Payment per IPU*                  $0.27
                                                    ======
  </TABLE>

 *Each IPU is entitled to 1/14,077,747 of 32% of net positive
  cash flow until September 25, 1999 at which time the Units
  will expire with no residual value.  As of June 30, 1999,
  there were 10,778,590 IPUs issued and outstanding.

            UNIMAR COMPANY AND SUBSIDIARIES

    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                   JUNE 30, 1999
                    (UNAUDITED)


(4)  Comprehensive Income - There was no movement in other
  comprehensive income during the first six months of 1998.
  Accumulated other comprehensive income, which is separately
  identified within Partners' capital was $1,326 at June 30,
  1999 and at December 31, 1998 and represented movements in
  the minimum pension liability.

(5)  In June 1998, the FASB issued SFAS No. 133, "Accounting
  for Derivative Instruments and Hedging Activities" for
  fiscal years beginning after June 15, 1999.  This Standard
  establishes standards of accounting for and disclosures of
  derivative instruments and hedging activities.  In June
  1999, the FASB issued SFAS No. 137, an amendment to SFAS No.
  133 that delayed its effective date by one year.  Under the
  new rules, SFAS No. 133 is effective for all fiscal years
  beginning after June 15, 2000.   The Company believes that
  adoption of this Standard will not have an impact on the
  Company's financial condition or results of operations.

       UNIMAR COMPANY AND SUBSIDIARIES

    MANAGEMENT'S DISCUSSION AND ANALYSIS OF
  FINANCIAL CONDITION AND RESULTS OF OPERATIONS


    The following discussion should be read in conjunction
  with the business section, consolidated financial
  statements, notes, and management's discussion contained in
  the Company's 1998 annual report on Form 10-K and condensed
  consolidated financial statements and notes contained in
  this report.

  Expiration of Indonesian Participating Units (IPUs)

    Including the second quarter, there are two remaining
  periods in 1999 for which IPU holders are entitled to
  receive participation payments until the expiration of the
  IPUs on September 25, 1999.  The following table outlines
  significant dates for the remaining distributions:
  <TABLE>
  <CAPTION>
                         Second Quarter        Final Period
  <S>                     <C>                   <C>
    Participation
      period       Apr. 1 - Jun. 30, 1999 Jul. 1 - Sep. 25, 1999
    Record date           Aug. 13, 1999       Sep. 24, 1999
    Payment date          Aug. 30, 1999       Nov. 24, 1999
  </TABLE>
    The Indenture between the Company and its transfer agent
  provides that the final period will run from July  1, 1999
  through September 25, 1999, the expiration date of the IPUs.
  With respect to the final period, the month of September's
  net cash flow will be calculated for the entire month and
  prorated for 25 days.  The Indenture also provides that the
  final period's record date will be its expiration date.
  Because September 25, 1999 is a Saturday, the record date
  for the final distribution will be Friday, September 24,
  1999.

    The IPUs will be delisted by the American Stock Exchange
  on their expiration.  While the Company will continue to
  hold a 23.125% interest in the Joint Venture after the
  expiration of the IPUs, the Company will not continue as a
  reporting company under the Securities Exchange Act of 1934
  after the IPUs are delisted by the American Stock Exchange.

  Liquidity and Capital Resources

     Cash flow from operations for the six months ended June
  30, 1999 amounted to $25 million, as compared to $23 million
  for the same period in 1998.  The $2 million increase
  resulted primarily from a lower Indonesian tax rate and
  working capital movements.  Capital expenditures of $10
  million were spent on continued development activities in
  the Indonesian Joint Venture (IJV).  Net distributions to
  the partners for the first six months of 1999 were $14
  million (six months 1998, $9 million).

     The Company's ability to generate cash is primarily
  dependent on the prices it receives for the sale of
  liquefied natural gas (LNG) and, to a lesser extent, the
  sale of crude oil and liquefied petroleum gas (LPG). LNG is
  primarily sold under long term contracts whose prices are
  derived from a basket of Indonesian crudes.  In the event
  cash generated from operations is not sufficient to meet
  capital investment and other requirements, the partners will
  fund any shortfall through additional cash contributions.
  The Company cannot predict with any degree of certainty the
  prices it will receive in future periods for its crude oil,
  LNG and LPG.  The Company's financial condition, operating
  results and liquidity will be materially affected by any
  significant fluctuations in its sales prices.

       The economic and political events in Southeast Asia
  have not significantly affected the Company, and the IJV's
  production operations have continued without interruption.
  LNG revenue is supported by U.S. dollar-denominated, long-
  term take-or pay contracts, which are administered through a
  U.S. based trustee.  The effects of the Asian economic
  crisis have impacted the ability of certain customers to
  take (or pay for) their contracted commitments. During the
  latter part of 1998, Chinese Petroleum Corporation (CPC)
  advised that it would be unable to take delivery of some of
  its contractual 1999 volumes under the Badak VI sales
  contract.  A tentative agreement was reached early this year
  between CPC and Pertamina for the deferral of certain
  cargoes into later years. It is not anticipated that this
  volume reduction will have

       UNIMAR COMPANY AND SUBSIDIARIES

    MANAGEMENT'S DISCUSSION AND ANALYSIS OF
  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

  Liquidity and Capital Resources (cont'd)

  a significant impact on the Company's current year earnings.
  The Company, through the Operator of the IJV, continues to
  closely monitor the situation both in Indonesia and
  throughout the Asia Pacific region to measure the effect of
  these events on its operating and financial condition.

     See Part II. Other Information - Item 5. Other Events.

  Results of Operations

  Quarter Ended June 30, 1999 compared to Quarter Ended June
  30, 1998

     Net earnings were $7 million for the second quarter of
  1999, as compared to $6 million for the second quarter of
  1998.  The increase in earnings between the quarters
  resulted from a $1 million decrease in revenues offset by a
  $2 million decrease in income taxes.

     Total revenues of $30 million for the second quarter of
  1999 decreased by $1 million as compared to the second
  quarter of 1998, as lower volumes offset higher prices. The
  weighted average crude oil basket price used to determine
  LNG prices was $14.67 per barrel for the second quarter of
  this year, or $1.68 per barrel higher than in the
  corresponding 1998 quarter.  As a result, the average price
  received for LNG during the second quarter of 1999 increased
  to $2.26 per million BTUs from $2.10 per million BTUs.  The
  average price received for the Company's crude oil sales
  during the second quarter of 1999 was $16.08 per barrel, or
  $2.13 per barrel higher than during the corresponding 1998
  quarter.  The prices received by the Company for its
  products reflected the trend in worldwide crude oil prices.

      LNG volumes of 46 trillion BTUs (15.5 net equivalent
  cargoes) net to the IJV for the second quarter of 1999 were
  approximately 6 percent lower than 1998 second quarter
  volumes of 49 trillion BTUs (16.8 net equivalent cargoes).
  Crude oil volumes net to the Company were 457 thousand
  barrels in the second quarter of 1999 (second quarter 1998,
  618 thousand barrels).  Lower volumes were due in part to
  lower overall production as well as a reduction in cost-
  recoverable expenditures.

     Cost of sales for the second quarter of 1999 was slightly
  higher than the second quarter of 1998. Operating costs
  increased by $1 million due to the revaluation of the Rupiah-
  denominated severance provision but were offset by lower
  depletion charges.

     Income taxes of $9 million decreased by approximately $3
  million due to the lower level of taxable revenues as well
  as the lower Indonesian tax rate under the amended and
  extended PSC, which became effective on August 8, 1998.

  Six Months Ended June 30, 1999 compared to Six Months Ended
  June 30, 1998

     Net earnings were $10 million for the first six months of
  1999, as compared to $16 million for the first six months of
  1998.  Earnings for the first half of 1999 included a $15
  million decrease in total revenues and a $2 million increase
  in operating expenses offset by an $11 million decrease in
  income taxes.

     Revenues of $60 million for the first six months of 1999
  were $15 million lower than last year's first half revenues,
  mainly due to lower gas volumes.  The IJV's share of LNG
  sold during the first six months of 1999 was 99 trillion
  BTUs (33.6 net equivalent cargoes), approximately 15 percent
  lower than the first half 1998 volumes of 117 trillion BTUs
  (39.8 net equivalent cargoes).  For the year 1999, LNG
  shipments on behalf of the Joint Venture's Production
  Sharing Contract (PSC) are expected to increase by 4 percent

      UNIMAR COMPANY AND SUBSIDIARIES

    MANAGEMENT'S DISCUSSION AND ANALYSIS OF
  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

  Results of Operations (cont'd)

  over 1998.  However, the IJV's share of these shipments is
  expected to decline because of the reduced equity share
  under the amended and extended PSC, which became effective
  on August 8, 1998, and lower cost-recoverable expenditures.
  Crude oil volumes of 1.1 million barrels net to the Company
  for the first six months of 1999 remained unchanged from the
  same period last year.

     The weighted average crude oil basket price used to
  determine LNG prices was $12.74 per barrel for the first six
  months of this year, or $1.35 per barrel lower than for the
  first half of 1998.  As a result, the average price received
  for LNG decreased $0.08 per million BTUs to $2.20 per
  million BTUs.  The average price received for the Company's
  crude oil sales during the first six months of 1999 was
  $13.69 per barrel, as compared to $14.19 per barrel for the
  same period last year.  The prices received by the Company
  for its products reflected the trend in worldwide crude oil
  prices.

     Cost of sales for the first half of 1999 increased by
  approximately $2 million as compared to the first half of
  1998. Operating costs increased by $2 million partly due to
  the revaluation of the Rupiah-denominated severance
  provision but were offset by lower depletion charges and
  exploration write-offs.

     Income taxes of $18 million decreased by $11 million as
  compared to the first half of 1998 due to the lower level of
  taxable revenues as well as the lower Indonesian tax rate
  under the amended and extended PSC, which became effective
  on August 8, 1998.


  Year 2000 Issue

       The year 2000 issue (Y2K) relates to computer programs
  and embedded computer chips having two digits rather than
  four to define the applicable year.  Computer programs or
  equipment having date-sensitive software may recognize a
  date using "00" as the year 1900 instead of 2000.  The
  Company's most significant Y2K risk is through its
  subsidiary VICO, as operator of the Joint Venture.  VICO has
  a comprehensive Y2K Program that was initiated in May of
  1997 and appointed a special task force (the Y2K Team) to
  identify, assess and develop remediation plans for both
  internal and external Y2K problems. The Y2K Team reports
  regularly to VICO's Board of Directors and has the authority
  and resources to carry out its directive.

       The Y2K Team completed its evaluation of all internal
  date-sensitive systems and equipment critical to the
  organization in December of 1998.  The assessment phase of
  the Program included ranking those items considered to be of
  low, medium and high importance according to their
  individual impact on the Joint Venture's business, safety,
  and the environment.  Both information technology and
  embedded processors (East Kalimantan field control
  facilities, etc.) were analyzed.  Special emphasis was given
  to control systems at the East Kalimantan field facilities.
  For all those items identified with Y2K problems, remedial
  action plans have been developed.  The remedial planning
  phase of the Project was also completed in December of 1998.

       The remediation implementation phase is approximately
  95 percent complete.  The majority of remediation work will
  be completed by the end of August 1999.  There are a few
  exceptions that will be completed by October 1999.

       With the assistance of an outside consulting firm, VICO
  has recently completed the conversion of its finance and
  accounting systems to a year 2000 compliant system.

      UNIMAR COMPANY AND SUBSIDIARIES

    MANAGEMENT'S DISCUSSION AND ANALYSIS OF
  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

  Year 2000 Issue (cont'd)

       The Y2K Team is assessing third-party risk to VICO (and
  the Joint Venture) and preparing the appropriate contingency
  plans for high-risk third parties.  This phase is
  approximately 80 percent complete.  Third-party risk can be
  segregated into two areas - the Production Chain and Other
  Services.  The Production Chain includes the Bontang LNG
  plant, the Santan oil terminal (operated by UNOCAL Indonesia
  Company), the vessels taking deliveries of oil and gas, and
  the buyers' receiving terminals. VICO has assisted in
  several reviews of the Y2K program at the Bontang LNG plant
  and has provided additional instrumentation experts to the
  plant to assist in its remediation plans.  PERTAMINA is
  assisting VICO and other PSCs in verifying the Y2K
  compliance of all vessels and receiving terminals. Other
  Services include various third-party service providers and
  suppliers.  The Y2K Team has currently completed a list that
  identifies all other critical third parties related to the
  Jakarta office and has begun this process for the East
  Kalimantan Field locations.

       The Y2K Team has begun to prepare a detailed
  contingency plan.  The plan, which is approximately 65
  percent complete, includes the following:

-    Pre-year 2000 actions to mitigate the impact of Y2K
       problems, should they appear;
-    Daily plans for critical Y2K dates;
-    Detailed business recovery plans for various Y2K failure
       scenarios; and
-    Staff and other resources required for Y2K.

       The costs to address Y2K are estimated to be
  approximately $7 million and are funded out of Joint Venture
  operating cash flows.  The Joint Venture is entitled to cost
  recover these expenditures as incurred.

       The Y2K Program is expected to significantly reduce the
  level of uncertainties about the Year 2000 problems to the
  Company and the Joint Venture.  The Company believes the
  possibility of significant interruptions in normal
  operations should be reduced with the implementation of new
  business systems and the timely completion of the Y2K
  program.  However, if any material Year 2000 problems are
  not properly corrected, particularly any for which the
  Company has no control, there can be no assurance that this
  will not have a material impact on the results of operation,
  liquidity and financial condition of the Company and on the
  interests held by other partners in the Joint Venture.


  Forward Looking Statements

     The discussion of the Company's business and operations
  in this report, and its discussion regarding the Year 2000
  Issue, include in several instances forward-looking
  statements, which are based upon management's good faith
  assumptions relating to the financial, market, operating,
  political and other relevant environments that will exist
  and affect the Company's business and operations in the
  future.  No assurance can be made that the assumptions upon
  which management based its forward-looking
  statements will prove to be correct, or that the Company's
  business and operations will not be affected in any
  substantial manner by other factors not currently
  foreseeable by management or beyond the Company's control.
  All forward-looking statements involve risks and
  uncertainty, including those described in this report.  Such
  statements shall be deemed in the future to be modified in
  their entirety by the Company's public pronouncements,
  including those contained in all future reports and other
  documents filed by the Company with the Securities and
  Exchange Commission.


               UNIMAR COMPANY AND SUBSIDIARIES


  PART II.  OTHER INFORMATION


  ITEM 5.Other Events

  On April 1, 1999, Atlantic Richfield Company (ARCO) and BP
  Amoco plc (BP Amoco) announced that they had entered into an
  Agreement and Plan of Merger dated March 31, 1999.  The all-
  share transaction is subject to approval by ARCO and BP
  Amoco shareholders as well as various regulatory agencies,
  including the European Commission and the U.S. Federal Trade
  Commission.

  ITEM 6.Exhibits and Reports on Form 8-K

          (a)  Exhibits

   (27)-1-Financial Data Schedule for the six months ended
  June 30, 1999.

          (b)  Reports on Form 8-K

              None.
                    UNIMAR COMPANY AND SUBSIDIARIES


  SIGNATURE


      Pursuant to the requirements of the Securities Exchange
  Act of 1934, the registrant has duly caused this report to
  be signed on its behalf by the undersigned thereunto duly
  authorized.



                                  UNIMAR COMPANY



                                  By: /S/ Linda A. Kubecka
                                      --------------------
                                       Linda A. Kubecka
                                       Member of the Management Board
                                      (Principal financial officer and
                                       the officer duly authorized
                                       to sign on behalf of the registrant.)


  DATE:  August 13, 1999