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In a small bowl, combine Plum Sauce, water and lime juice (plum dipping sauce). Microwave for one minute and set aside.
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In a medium mixing bowl, beat egg. Add in beer and the remainder ingredients (beer batter mixture).
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Whisk mixture until smooth. Refrigerate for 30 minutes.
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Coat asparagus with beer batter mixture one at a time.
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Dip fry asparagus until golden brown. Serve with plum dipping sauce.