Willamette Industries Inc Watch

from 10-K 1 page Willamette Industries, Inc. First Interstate Tower Portland, Oregon 97201 J. A. Parsons Executive Vice President August 13, 1999 Airborne #4511518244 Bank of American National Trust and Savings Association Agency Management Services #5596 1455 Market Street, 12th Floor San Francisco, Ca 94103 Attn: Mr. Carl F. Fye Dear Mr. Fye: In Accordance With Article 10.02 of Our Loan Agreement, Dated May 10, 1996, Willamette Industries, Inc. Hereby Gives Notice of Its Intent to Permanently Reduce the Revolving Commitment by $200,000,000 in Accordance With Article 2.07(b), Effective August 23, 1999. Accordingly, on That Date, the Total Committed Line Will Be as Follows: Revolving Commitment Before Reduction $650,000,000 Reduction 200,000,000 New Revolving Commitment Amount $450,000,000 ============ Sincerely, J. A. Parsons Jap/Dlw Bcc Duane McDougall Greg Hawley Greig Goddard

from 8-K >50 pages Credit Agreement Dated May 10, 1996