We have received the executed Second Amendment to Guaranty Agreement dated as of June 9, 2000. This amendment changed the guaranty of Formosa Plastics Corporation, USA ("Guarantor") with respect to the physical transactions with Formosa Hydrocarbons Company, Inc. and financial transactions with Neumin Production Co. to an unlimited guaranty. The original guaranty amendment will be sent to Credit.

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Neumin and Formosa