5/17/07 - Ranbar Announces Price Increase for Coatings Resins.

May 17, 2007

Dear Valued Customer,

     As our costs continue to escalate, we must increase the price of all our resins by $0.04/lb. This increase will take effect for shipments after June 15, 2007. Updated price increase letters will be sent to customers.

     I appreciate the confidence that you have placed in Ranbar and thank you for your support.

Sincerely yours,

Terry Villella - Vice President/General Manager