X0202 4 2007-12-20 1 0000842635 LYONDELL CHEMICAL CO LYO 0001185711 SPIVEY WILLIAM 1221 MCKINNEY, SUITE 700 HOUSTON TX 77010 1 0 0 0 Common Stock 2007-12-20 4 D 0 20802 48 D 0 D Stock Option (Right to Buy) 12.9125 2007-12-20 4 D 0 5000 35.0875 D 2010-02-03 Common Stock 5000 0 D Stock Option (Right to Buy) 13.8 2007-12-20 4 D 0 5000 34.2 D 2012-02-08 Common Stock 5000 0 D Stock Option (Right to Buy) 16.25 2007-12-20 4 D 0 5000 31.75 D 2011-02-01 Common Stock 5000 0 D Phantom Stock 2007-12-20 4 D 0 9436 48 D Common Stock 9436 0 D Deferred Stock Units 2007-12-20 4 D 0 15339 47.20 D Common Stock 15339 0 D Disposed of on the effective date of the merger pursuant to the Merger Agreement between Lyondell and Basell AF and BIL Acquisition Holdings Limited (?Merger Agreement?) for the merger consideration of $48 per share. This option, which vested on August 21, 2002 in connection with Lyondell?s purchase of Occidental Petroleum Corporation?s interest in Equistar Chemicals, LP., was canceled pursuant to the Merger Agreement in exchange for a cash payment of $175,437.50 representing the difference between the exercise price of the option and the $48 per share merger consideration. This option, which vested on December 1, 2004 in connection with the acquisition of Millennium Chemicals Inc., was canceled pursuant to the Merger Agreement in exchange for a cash payment of $171,000 representing the difference between the exercise price of the option and the $48 per share merger consideration. This option, which vested on August 21, 2002 in connection with Lyondell?s purchase of Occidental Petroleum Corporation?s interest in Equistar Chemicals, LP., was canceled pursuant to the Merger Agreement in exchange for a cash payment of $158,750 representing the difference between the exercise price of the option and the $48 per share merger consideration. Phantom Stock, which convert on a 1 for 1 basis and vested in connection with the merger, was disposed of on the effective date of the merger pursuant to the Merger Agreement for the merger consideration of $48 per share. Deferred Stock Units, which convert on a 1 for 1 basis, were disposed of on the effective date of the merger pursuant to the Merger Agreement and the terms of the Deferred Stock Units based on the closing price of Lyondell's common stock on the last day of the month preceding the effective date of the merger. /s/ KERRY A. GALVIN as Attorney In Fact for William R. Spivey 2007-12-20