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.