THE PROSPECTIVE PURCHASER AGREEMENT (PPA) FOR THE PULLMAN/ LIQUID DYNAMICS SITE LOCATED ON THE SOUTH SIDE OF CHICAGO HAS BEEN EXECUTED WITH SALEM BAPTIST CHURCH. THE PPA HAS BEEN SUBMITTED TO THE ATTORNEY GENERAL FOR APPROVAL AND WAS SIGNED ON JULY 14, 2000. THE PPA RESOLVES CERTAIN POTENT- IAL CLAIMS OF THE UNITED STATES UNDER SECTION 106 AND 107 OF CERCLA AGAINST THE CHURCH. UNDER THE TERMS OF THE PPA, THE CHURCH AGREES TO PURCHASE, REMEDIATE, AND REDEVELOP A SUB- STANTIAL PORTION OF THE SITE IN RETURN FOR A COVENANT NOT TO SUE FOR PAST RESPONSE COSTS UNDER CERCLA AND RELEASE FROM FUTURE LIABILITY FOR EXISTING CONTAMINATION. THE SITE IS NOT ON THE NPL. NO FURTHER RESPONSE ACTIVITIES AT THE SITE ARE ANTICIPATED AT THIS TIME.