SECOND SUPPLEMENTAL INDENTURE

Exhibit 4.7

SECOND SUPPLEMENTAL INDENTURE

SECOND SUPPLEMENTAL INDENTURE, dated as of December 29, 2006 between BMCA Newco Inc., a Delaware corporation (the “New Guarantor”), Building Materials Corporation of America, a Delaware corporation (the “Company”), the existing Guarantors signatory hereto (the “Existing Guarantors”) and Wilmington Trust Company, as trustee under the Indenture referred to below (the “Trustee”).

W I T N E S S E T H :

WHEREAS, Indenture dated as of July 26, 2004 (as heretofore amended and supplemented, the “Indenture”), was executed and delivered by the Company, certain guarantors named therein and the Trustee, providing for the issuance of the 7.75% Senior Notes Due 2014 and the Series B 7.75% Senior Notes Due 2014 (collectively, the “Securities”) (capitalized terms used herein but not otherwise defined have the meanings ascribed thereto in the Indenture);

WHEREAS, as a result of the guarantee by the New Guarantor of the Credit Agreement, pursuant to Section 4.18 of the Indenture, the Company is required to cause the New Guarantor to execute and deliver to the Trustee this Second Supplemental Indenture pursuant to which the New Guarantor shall provide a Guarantee as set forth in Article X of the Indenture;

WHEREAS, Section 9.01(5) of the Indenture provides that the Company, the Guarantors and the Trustee may amend the Indenture and the Securities without notice to or consent of any Holders of the Securities to add Subsidiary Guarantees; and

WHEREAS, this Second Supplemental Indenture has been duly authorized by all necessary corporate action on the part of the New Guarantor.

NOW, THEREFORE, in consideration of the premises set forth above and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Existing Guarantors, the New Guarantor and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders as follows:

ARTICLE I

Agreement to Guarantee

Section 1.1.  Agreement to Guarantee.  Subject to Section 10.07 of the Indenture, the New Guarantor hereby agrees, jointly and severally with all other Guarantors, irrevocably and unconditionally, to guarantee the punctual payment when due, whether at maturity, by acceleration, by redemption or otherwise, of all monetary obligations of the Company under the Indenture and the Securities, on the terms and subject to the conditions set forth in Article X of the Indenture, which guarantee shall be

subject to automatic release in accordance with the provisions of Section 10.09 of the Indenture.

Section 1.2.  Trustee’s Acceptance.  The Trustee hereby accepts this Second Supplemental Indenture and agrees to perform the same under terms and conditions set forth in the Indenture.

ARTICLE II

Miscellaneous

Section 2.1.  Effect of Second Supplemental Indenture.  Upon the execution and delivery of this Second Supplemental Indenture by the Company, the Existing Guarantors, the New Guarantor and the Trustee, the Indenture shall be supplemented in accordance herewith, and this Second Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Securities heretofore or hereafter authenticated and delivered under the Indenture shall be bound thereby.

Section 2.2.  Indenture Remains in Full Force and Effect.  Except as supplemented hereby, all provisions in the Indenture shall remain in full force and effect.

Section 2.3.  Indenture and Second Supplemental Indenture Construed Together.  This Second Supplemental Indenture is an indenture supplemental to in and implementation of the Indenture, and the Indenture and this Second Supplemental Indenture shall henceforth be read and construed together.

Section 2.4.  Confirmation and Preservation of Indenture.  The Indenture as supplemented by this Second Supplemental Indenture is in all respects confirmed and preserved.

Section 2.5.  Conflict with Trust Indenture Act.  If any provision of this Second Supplemental Indenture limits, qualifies or conflicts with any provision of the TIA that is required under the TIA to be part of and govern any provision of this Second Supplemental Indenture, the provision of the TIA shall control.  If any provision of this Second Supplemental Indenture modifies or excludes any provision of the TIA that may be so modified or excluded, the provision of the TIA shall be deemed to apply to the Indenture as so modified or to be excluded by this Second Supplemental Indenture, as the case may be.

Section 2.6.  Severability.  In case any provision in this Second Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Section 2.7.  Benefits of Second Supplemental Indenture.  Nothing in this Second Supplemental Indenture or the Securities, express or implied, shall give to any

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Person, other than the parties hereto and thereto and their successors hereunder and thereunder and the Holders of the Securities, any benefit of any legal or equitable right, remedy or claim under the Indenture, this Second Supplemental Indenture or the Securities.

Section 2.8.  Successors.  All agreements of the New Guarantor in this Second Supplemental Indenture shall bind its successors except as provided in the Indenture.  All agreements of the Trustee in this Second Supplemental Indenture shall bind its successors.

Section 2.9.  Certain Duties and Responsibilities of the Trustee.  In entering into this Second Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture and the Securities relating to the conduct or affecting the liability or affording protection to the Trustee, whether or not elsewhere herein so provided.

Section 2.10.  Governing Law.  This Second Supplemental Indenture shall be governed by, and construed in accordance with, the laws of the State of New York. The Trustee, the Company, the Guarantors and the Securityholders agree to submit to the jurisdiction of the courts of the State of New York in any action or proceeding arising out of or relating to the Indenture, this Second Supplemental Indenture or the Securities.

Section 2.11.  Multiple Originals.  The parties may sign any number of copies of this Second Supplemental Indenture.  Each signed copy shall be an original, but all of them together represent the same agreement.  One signed copy is enough to prove this Second Supplemental Indenture.

Section 2.12.  Headings.  The Article and Section headings herein have been inserted for convenience of reference only, are not intended to be considered a part hereof and shall not modify or restrict any of the terms or provisions hereof.

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IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be duly executed as of the date first written above.

	New Guarantor
		BMCA Newco Inc.
	By:	/s/ Xxxx Xxxxxxx
		Name:	Xxxx Xxxxxxx
		Title:	Vice President, Treasurer
	Company
		BUILDING MATERIALS
		CORPORATION OF AMERICA
	By:	/s/ Xxxx Xxxxxxx
		Name:	Xxxx Xxxxxxx
		Title:	Vice President, Treasurer

	Existing Guarantors
		BUILDING MATERIALS INVESTMENT CORPORATION
		BMCA INSULATION PRODUCTS INC.
		BUILDING MATERIALS MANUFACTURING CORPORATION
		DUCTWORK MANUFACTURING CORPORATION
		GAF MATERIALS CORPORATION (CANADA)
		GAF PREMIUM PRODUCTS INC.
		GAF REAL PROPERTIES, INC.
		GAFTECH CORPORATION
		LL BUILDING PRODUCTS INC.
		PEQUANNOCK VALLEY CLAIM SERVICE COMPANY, INC.
		SOUTH PONCA REALTY CORP.
		BMCA QUAKERTOWN INC.
		WIND GAP REAL PROPERTY ACQUISITION CORP.
		HBP ACQUISITION LLC
	By:	/s/ Xxxx Xxxxxxx
		Name:   Xxxx Xxxxxxx
		Title:     Vice President, Treasurer

	Trustee
		WILMINGTON TRUST COMPANY
	By:	/s/ Xxxxxxx X. Xxxxx
		Name:   Xxxxxxx X. Xxxxx
		Title:     Authorized Signatory