On August 12, 2004, in accordance with Anti-dumping Regulations of People'' Republic of China, Ministry of Commerce issued an announcement to start anti-dumping investigation on imported Benzofuranol originating from Japan, EU and the U.S. (hereinafter referred to as “investigated product”).

Ministry of Commerce issued the preliminary determination on June 16, 2005, confirming that dumping of the investigated product had taken place and it had caused material injury to China'' domestic industries, and there was a causal relationship between the dumping and the injury.

As the final arbitration, Ministry of Commerce decided to impose anti-dumping duties on the investigated product. Customs Tariffs Committee of the State Council will levy anti-dumping duties on the investigated product as of February 12, 2006.

The investigated product is listed under No. 29329910 in the Import and Export Tariffs of the People'' Republic of China.

The anti-dumping duty rates levied on the related companies are listed as follows:
Companies of U.S.:
1. FMC: 44%
2. All Others: 113.2%
Companies of Japan: 113.2%
Companies of EU: 113.2%
FMC of the U. S. and 日本农药株式会社 has signed Prices Commitment Protocol with Ministry of Commerce of PRC (see Appendix 2 & 3), which shall take effect with this Final Arbitration.
Importers shall, while importing Benzofuranol originating from Japan, EU and the U.S. as of February 12, 2006, pay relevant anti-dumping duties to General Administration of Customs of PRC. Anti-dumping Duty= Customs Tax Payment Price * Anti-dumping Duty Rate.
The levy of anti-dumping duties on imported Benzofuranol originating from Japan, EU and the U.S. will last 5 years as from February 12, 2006.
The relevant interested parties could apply, in written forms, to the Ministry of Commerce for an interim review during the levy of anti-dumping duties in accordance with Article 49 of Anti-dumping Regulations of People'' Republic of China.
The relevant interested parties, disagreed with the final arbitration or the levy of the anti-dumping duties, could apply for an administrative reconsideration or lawsuit in accordance with Article 53 of Anti-dumping Regulations of People'' Republic of China.

Ministry of Commerce
February 12, 2006