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ANNOUNCEMENT NO. 55, 2005 OF THE GENERAL ADMINISTRATION OF CUSTOMS OF THE PEOPLE’S REPUBLIC OF CHINA

General Administration of Customs

Announcement No. 55, 2005 of the General Administration of Customs of the People’s Republic of China

[2005] No. 55

In accordance with Anti-dumping Regulations of People’s Republic of China and the result of anti-dumping investigation on imported
Ethylene-Propylene-non-conjugated Diene Rubber originating from the U.S., ROK and Netherlands, Ministry of Commerce decided to carry
out temporary anti-dumping measures and issued the Announcement 76, 2005 (see Appendix 1). Matters of concern on Customs’ implementation
of the temporary anti-dumping measures are listed as follows

1.

As from November 16, 2005, besides imposing duties and value added tax on the imported Ethylene-Propylene-non-conjugated Diene Rubber
originating from the U.S., ROK and Netherlands (under item 40027010 and 40027090 in Import and Export Tariffs PRC), the Customs shall
impose anti-dumping deposit by cash in line with different supporters.

See Appendix 1 for specific description of the products under anti-dumping measures.

2.

Any unit applying for importing Ethylene-Propylene-non-conjugated Diene Rubber shall submit certificate of origin to the Customs.
If the origin is one of the U.S., the ROK, or the Netherlands, invoice of the original manufacturer shall be provided.

3.

For any unit applying for importing Ethylene-Propylene-non-conjugated Diene Rubber originating from the U.S., the ROK, and the Netherlands,
the Customs shall determine whether the products for import is under the temporary anti-dumping measures in accordance with authentication
certificate issued by inspection institutions cognized by Ministry of Commerce.

4.

Issues concerned imposition of anti-dumping deposit shall be conducted in accordance with Announcement No. 9, 2001 of the General
Administration of Customs of the People’s Republic of China and Decree No. 111 of the General Administration of Customs of the People’s
Republic of China.

5.

The Customs shall punish the forging behavior in accordance with related regulation.

6.

The Customs shall notify later the transaction of the imposed anti-dumping deposit in accordance with the result of final arbitration.

7.

Any similar product for import could apply to Ministry of Commerce for the arbitration on whether it is under the temporary anti-dumping
measures. The Customs shall act accordingly.

Appendix:

1)

Ministry of Commerce Announcement No.76, 2005 (omitted)

2)

Anti-dumping Deposit Ratio Table

General Administration of Customs

November 16, 2005 htm/e04524.htmAppendix 2

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Appendix 2:

Anti-dumping Deposit Ratio Table

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Origin

Name of Company Ratio

Ratio

U.S.A

The Dow Chemical Company

39%

LANXESS Corporation

43%

Exxon Mobil Corporation

3%

All Others

43%

South Korea

KUMHO POLYCHEM CO., LTD.

11%

All Others

43%

Netherlands

DSM Elastomers Europe B.V.

6%

All Others

43%