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.

Neumin and Formosa