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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001107049-01-500556.txt : 20010730
<SEC-HEADER>0001107049-01-500556.hdr.sgml : 20010730
ACCESSION NUMBER:		0001107049-01-500556
CONFORMED SUBMISSION TYPE:	PRE 14A
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20010924
FILED AS OF DATE:		20010727

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MILLER INDUSTRIES INC /TN/
		CENTRAL INDEX KEY:			0000924822
		STANDARD INDUSTRIAL CLASSIFICATION:	TRUCK & BUS BODIES [3713]
		IRS NUMBER:				621566286
		STATE OF INCORPORATION:			TN
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		PRE 14A
		SEC ACT:		
		SEC FILE NUMBER:	001-14124
		FILM NUMBER:		1691468

	BUSINESS ADDRESS:	
		STREET 1:		8503 HILLTOP DR
		STREET 2:		STE 100
		CITY:			OOLTEWAH
		STATE:			TN
		ZIP:			37363
		BUSINESS PHONE:		4232384171

	MAIL ADDRESS:	
		STREET 1:		900 CIRCLE 75 PARKWAY
		STREET 2:		SUITE 1250
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30339
</SEC-HEADER>
<DOCUMENT>
<TYPE>PRE 14A
<SEQUENCE>1
<FILENAME>milproxy.htm
<DESCRIPTION>MILLER INDUSTRIES, INC. PRELIMINARY PROXY
<TEXT>

<HTML>

<head>
<meta name="GENERATOR" content="Microsoft FrontPage 4.0">
<meta name="ProgId" content="FrontPage.Editor.Document">
<TITLE>SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14</TITLE>
</head>

<body>

<font SIZE="1">

<B><P ALIGN="CENTER">SCHEDULE 14A INFORMATION<BR>
</B>Proxy Statement Pursuant to Section 14(a)<BR>
of the Securities Exchange Act of 1934</P>
<FONT SIZE=2><P>&nbsp;</P>
<P>Filed by the Registrant&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/X/<BR>
<BR>
Filed by a Party other than the Registrant&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/_/<BR>
<BR>
Check the appropriate box:<BR>
<BR>
/X/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preliminary Proxy Statement<BR>
<BR>
/_/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))<BR>
<BR>
/_/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Definitive Proxy Statement<BR>
<BR>
/_/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Definitive Additional Materials<BR>
<BR>
/_/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliciting Material Pursuant to Section 240.14a-12</P>
<P ALIGN="CENTER"><b>Miller Industries, Inc.</b><HR SIZE=1 color=black width=35% align=center>
<center>(Name of Registrant as Specified in its Charter)</center>
<B><U><P ALIGN="CENTER">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>
</U>
</B>(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</P>
<P>Payment of Filing Fee (Check the appropriate box):</P></FONT>
<TABLE CELLSPACING=0 BORDER=0 WIDTH=589>
<TR><TD WIDTH="9%" VALIGN="TOP">
<P>/X/</TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>No fee required.</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<P>/_/</TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<P>&nbsp;</TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(1)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Title of each class of securities to which transaction applies:<BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
</TR>

<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>

<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(2)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Aggregate number of class of securities to which transaction applies:<BR>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
</TR>

<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>

<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(3)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(4)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Proposed maximum aggregate value of transaction:</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(5)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Total fee paid:</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<P>/_/</TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Fee paid previously with preliminary materials.</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<P>/_/</TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fees was paid previously. Identify the previous filing by registration statement number or the Form or
Schedule and the date of its filing.</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(1)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Amount Previously Paid:&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(2)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Form, Schedule or Registration Statement No.:<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(3)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Filing Party: :&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>&nbsp;</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>(4)</FONT></TD>
<TD WIDTH="91%" VALIGN="TOP">
<FONT SIZE=2><P>Date Filed:&nbsp;&nbsp;:&nbsp;&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
</TR>
</TABLE>
<BR><BR>
<HR SIZE=3 color=#000080><BR><BR>
<u></u></font><b><font SIZE="2">
<p ALIGN="CENTER"><img src="logo.gif" width="181" height="51"></p>
<p ALIGN="CENTER"><font face="Times New Roman">8503 Hilltop Drive,<br>
Ooltewah, Tennessee 37363</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">(423) 238-4171</font></p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">NOTICE OF ANNUAL MEETING OF
SHAREHOLDERS</font></p>
</font></b><font SIZE="2">
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">The
Annual Meeting of Shareholders of Miller Industries, Inc. (the
&quot;Company&quot;) will be held at _______ a.m. (Eastern Time), on Monday,
September 24, 2001, at _____________________________, for the following
purposes:</font></p>
<blockquote>
  <ol>
    <li>
      <p ALIGN="JUSTIFY"><font face="Times New Roman">To elect five (5)
      directors to hold office for a term of one (1) year or until their
      successors are duly elected and qualified; and<br>
      </font></li>
    <li>
      <p ALIGN="JUSTIFY"><font face="Times New Roman">&nbsp;To consider and act
      upon a proposal to amend the Company&#146;s Charter to effect a reverse split
      of all issued and outstanding shares of the Company&#146;s Common Stock at a
      ratio of one-for-ten as discussed in the accompanying proxy statement;<br>
      </font></li>
    <li>
      <p ALIGN="JUSTIFY"><font face="Times New Roman">&nbsp;To transact such
      other business as may properly come before the meeting or any adjournment
      thereof.</font></li>
  </ol>
</blockquote>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">Only
shareholders of record at the close of business on August 10, 2001 are entitled
to notice of and to vote at the Annual Meeting. Your attention is directed to
the Proxy Statement accompanying this notice for a complete statement regarding
matters to be acted upon at the Annual Meeting.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<table border="0" width="685">
  <tr>
    <td width="360">
      <p ALIGN="LEFT"></td>
    <td width="311">
      <p ALIGN="LEFT"><font face="Times New Roman" SIZE="2">By order of the
      Board of Directors,</font></td>
  </tr>
  <tr>
    <td width="360">
      <p ALIGN="LEFT"></td>
    <td width="311">
      <p ALIGN="LEFT"></td>
  </tr>
  <tr>
    <td width="360">
      <p ALIGN="LEFT"></td>
    <td width="311">
      <p ALIGN="LEFT"></td>
  </tr>
  <tr>
    <td width="360">
      <p ALIGN="LEFT"></td>
    <td width="311">
      <p ALIGN="LEFT"><font face="Times New Roman" SIZE="2">Frank Madonia<br>
      Secretary</font></td>
  </tr>
</TABLE>
<blockquote>
  <blockquote>
    <blockquote>
      <blockquote>
        <blockquote>
          <blockquote>
            <blockquote>
              <blockquote>
                <blockquote>
                  <blockquote>
                    <blockquote>
                      <blockquote>
                        <p ALIGN="LEFT">&nbsp;</p>
                      </blockquote>
                    </blockquote>
                  </blockquote>
                </blockquote>
              </blockquote>
            </blockquote>
          </blockquote>
        </blockquote>
      </blockquote>
    </blockquote>
  </blockquote>
</blockquote>
<p ALIGN="LEFT"><font face="Times New Roman">Atlanta, Georgia<br>
August 20, 2001</font></p>
<p ALIGN="LEFT">&nbsp;</p>
</font>
<div align="center">
  <center>
<table BORDER="1" CELLSPACING="1" CELLPADDING="7" WIDTH="638" bordercolor="#800000">
  <tr>
    <td VALIGN="TOP"><b><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">We urge you to attend the
      Annual Meeting. Whether or not you plan to attend, please complete, date
      and sign the enclosed proxy card and return it in the enclosed
      postage-paid envelope. You may revoke the proxy at any time before it is
      voted.</font></font></b></td>
  </tr>
</TABLE>
  </center>
</div>
<b><font SIZE="2">
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<hr color="#000080">
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">MILLER INDUSTRIES, INC.<br>
8503 Hilltop Drive,<br>
Ooltewah, Tennessee 37363<br>
(423) 238-4171</font></p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">PROXY STATEMENT FOR<br>
ANNUAL MEETING OF SHAREHOLDERS</font></p>
</font></b><font SIZE="2">
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="justify" style="text-indent: 50"><font face="Times New Roman">The
accompanying proxy is solicited by the Board of Directors of Miller Industries,
Inc. (the &quot;Company&quot;) for use at the Annual Meeting of Shareholders to
be held at __________________________________, on Monday, September 24, 2001, at
______ a.m. (Eastern Time), and any adjournment thereof, for the purposes set
forth in the foregoing Notice of Annual Meeting of Shareholders. This proxy
material was first mailed to shareholders on or about August 20, 2001.</font></p>
<p ALIGN="justify" style="text-indent: 50"><font face="Times New Roman">A
shareholder who signs and returns a proxy may revoke the same at any time before
the authority granted thereby is exercised by attending the Annual Meeting and
electing to vote in person, by filing with the Secretary of the Company a
written revocation or by duly executing a proxy bearing a later date. Unless
revoked, the shares represented by the proxy will be voted at the Annual
Meeting. Where a choice is specified on the proxy, the shares represented
thereby will be voted in accordance with such specifications. If no
specification is made, such shares will be voted <b>FOR</b> the election of the
five director nominees, and in the discretion of the proxy holders on any other
matter that may properly come before the meeting. The proposed amendment to the
Charter to effect a reverse stock split must be approved by the holders of a
majority of the outstanding shares of the Company. Abstentions and broker
non-votes (proxies received from brokers or other nominees holding shares on
behalf of their clients who have not been given specific voting instructions
from their clients with respect to non-routine matters) would have the effect of
a negative vote for the amendment to the Charter.</font></p>
<p ALIGN="justify" style="text-indent: 50"><font face="Times New Roman">The
Board of Directors knows of no other matters which are to be brought to a vote
at the Annual Meeting. However, if any other matter properly does come before
the Annual Meeting, the persons appointed in the proxy or their substitutes will
vote in accordance with their best judgment on such matters.</font></p>
<p ALIGN="justify" style="text-indent: 50"><font face="Times New Roman">Only
holders of the Common Stock of the Company, $0.01 par value per share (the
&quot;Common Stock&quot;), at the close of business on August 10, 2001 are
entitled to vote at the Annual Meeting. On such date, the Company had issued and
outstanding _____________ shares of Common Stock. Holders of the Common Stock
will be entitled to one vote for each share of Common Stock so held, which may
be given in person or by proxy duly authorized in writing.</font></p>
<p ALIGN="justify" style="text-indent: 50"><font face="Times New Roman">The cost
of solicitation of proxies will be borne by the Company, including expenses in
connection with preparing, assembling and mailing this Proxy Statement. Such
solicitation will be made by mail, and also may be made by the Company&#146;s
executive officers or employees personally or by telephone or telegram. The
Company does not anticipate paying any compensation to any other party other
than its regular employees for this solicitation of proxies, but may reimburse
brokerage firms and others for their reasonable expenses in forwarding
solicitation material to beneficial owners.</font></p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">1</font></p>
<hr color="#000080">
<p ALIGN="CENTER">&nbsp;</p>
<b>
<p ALIGN="CENTER"><font face="Times New Roman">SECURITY OWNERSHIP OF CERTAIN
BENEFICIAL OWNERS AND MANAGEMENT</font></p>
</b>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">The
following table sets forth, as of July 1, 2001, certain information with respect
to (a) all shareholders known to be &quot;beneficial owners&quot; (as that term
is defined in the rules of the Securities and Exchange Commission) of more than
five percent of the Common Stock; and (b) the Common Stock &quot;beneficially
owned&quot; (i) by each director or nominee for director, (ii) by the executive
officers named in the Summary Compensation Table and (iii) all executive
officers and directors of the Company as a group. Except as otherwise indicated,
the shareholders listed in the table have sole voting and investment powers with
respect to the Common Stock owned by them.</font></p>
<b>
<p ALIGN="LEFT">&nbsp;</p>
</b></font>
<div align="center">
  <center>
  <table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="583">
    <tr>
      <td WIDTH="50%" VALIGN="bottom"><b><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">Name and Address of
        Beneficial Owner</font></font></b></td>
      <td WIDTH="4%" VALIGN="bottom"></td>
      <td WIDTH="24%" VALIGN="bottom"><b><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">Amount and Nature of
        Beneficial Ownership<sup>1</sup></font></font></b></td>
      <td WIDTH="6%" VALIGN="bottom"></td>
      <td WIDTH="17%" VALIGN="bottom"><b><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">Percent of Class<sup>1</sup></font></font></b></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="bottom">
        <hr color="#000080">
      </td>
      <td WIDTH="4%" VALIGN="bottom"></td>
      <td WIDTH="24%" VALIGN="bottom">
        <hr color="#000080">
      </td>
      <td WIDTH="6%" VALIGN="bottom"></td>
      <td WIDTH="17%" VALIGN="bottom">
        <hr color="#000080">
      </td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">William G. Miller<sup>2</sup></font></font></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="RIGHT"><font face="Times New Roman">7,566,791<sup>3</sup></font></font></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">16.19%</font></font></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">Jeffrey I. Badgley</font></font></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="RIGHT"><font face="Times New Roman">387,506<sup>4</sup></font></font></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">*</font></font></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">Frank Madonia</font></font></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="RIGHT"><font face="Times New Roman">350,506<sup>5</sup></font></font></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">*</font></font></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">J. Vincent Mish</font></font></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="RIGHT"><font face="Times New Roman">271,131<sup>6</sup></font></font></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">*</font></font></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">A. Russell Chandler, III</font></font></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="RIGHT"><font face="Times New Roman">240,078<sup>7</sup></font></font></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">*</font></font></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">Paul E. Drack</font></font></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="RIGHT"><font face="Times New Roman">157,278<sup>8</sup></font></font></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">*</font></font></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">Richard H. Roberts</font></font></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="RIGHT"><font face="Times New Roman">148,278<sup>9</sup></font></font></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">*</font></font></td>
    </tr>
    <tr>
      <td WIDTH="50%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">All Executive Officers and
        Directors as a Group<br>
        (7 persons)</font></font></td>
      <td WIDTH="4%" VALIGN="TOP"></td>
      <td WIDTH="24%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="RIGHT"><font face="Times New Roman">9,111,568<sup>10</sup></font></font></td>
      <td WIDTH="6%" VALIGN="TOP"></td>
      <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
        <p ALIGN="CENTER"><font face="Times New Roman">19.04%</font></font></td>
    </tr>
  </TABLE>
  </center>
</div>
<font SIZE="2">
<p ALIGN="JUSTIFY"><font face="Times New Roman">____________________________</font></p>
<blockquote>
  <table border="0" width="100%">
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">*</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Less than one
        percent</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">1.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">The Percent of
        Class column represents the percentage that the named person or group
        would beneficially own if such person or group, and only such person or
        group, exercised all currently exercisable options and rights to acquire
        shares of Common Stock held by such person or group.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">2.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Mr. Miller&#146;s
        business address is Miller Industries, Inc., 3295 River Exchange
        Parkway, Suite 220, Norcross, Georgia 30092.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">3.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Includes
        546,444 shares held by the Miller Family Foundation, Inc., a Georgia
        non-profit corporation of which Mr. Miller is the sole director.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">4.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Includes
        270,929 shares which are issuable pursuant to options which are
        exercisable within sixty days of the date set forth above.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">5.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Includes
        232,429 shares which are issuable pursuant to options which are
        exercisable within sixty days of the date set forth above.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">6.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Includes
        193,054 shares which are issuable pursuant to options which are
        exercisable within sixty days of the date set forth above.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">7.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Includes
        153,278 shares which are issuable pursuant to options which are
        exercisable within sixty days of the date set forth above.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">8.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Includes
        153,278 shares which are issuable pursuant to options which are
        exercisable within sixty days of the date set forth above.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">9.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Includes
        138,278 shares which are issuable pursuant to options which are
        exercisable within sixty days of the date set forth above.</font></td>
    </tr>
    <tr>
      <td valign="top">
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">10.</font></td>
      <td>
        <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">Includes
        1,141,246 shares which are issuable pursuant to options which are
        exercisable within sixty days of the date set forth above.</font></td>
    </tr>
  </TABLE>
</blockquote>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="center"><font face="Times New Roman">2</font></p>
<hr color="#000080">
<p ALIGN="left">&nbsp;</p>
<blockquote>
  <b><u>
  <p ALIGN="CENTER">&nbsp;</p>
  <p ALIGN="CENTER"><font face="Times New Roman">PROPOSAL 1: ELECTION OF
  DIRECTORS</font></p>
  </blockquote>
  </u></b>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">Pursuant
to the Company&#146;s Charter and Bylaws, the Board has fixed the number of
directors at six. Under the terms of the Company&#146;s Charter and Bylaws, the
members of the Board of Directors comprise a single class and at each annual
meeting of shareholders all directors will be elected. The directors, if
reelected, will serve until the annual meeting of shareholders in 2002. The
Board may fill directorships resulting from vacancies or may increase the number
of directors to as many as fifteen or decrease such number to as few as three
directors. Executive officers are appointed annually and serve at the discretion
of the Board of Directors.</font></p>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">Unless
contrary instructions are received, shares of Common Stock represented by duly
executed proxies will be voted in favor of the election of the five nominees
named below to constitute the entire Board. If for any reason a nominee is
unable to serve as a director, it is intended that the proxies solicited hereby
will be voted for such substitute nominee as the Board of Directors of the
Company may propose, but in not event will the proxy be voted for more than five
nominees. The Board of Directors has no reason to expect that the nominees will
be unable to serve and, therefore, at this time it does not have any substitute
nominees under consideration.</font></p>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">The
nominees for election shall be elected by a plurality of the votes cast by
holders of the shares of Common Stock entitled to vote at the Annual Meeting.
Shareholders have no right to vote cumulatively for directors, but rather each
shareholder shall have one vote for each director for each share of Common Stock
held by such shareholder.</font></p>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">The
following persons are the nominees for election to serve as directors. All five
nominees are presently directors of the Company. Certain information relating to
the nominees, which has been furnished to the Company by the individuals named,
is set forth below. The Board has not named a sixth nominee for director, which
will result in one vacancy on the Board until the Board names an additional
nominee or reduces the size of the Board to five members.</font></p>
</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="7" WIDTH="601">
  <tr>
    <td WIDTH="25%" VALIGN="TOP"><b><font SIZE="2">
      <p ALIGN="LEFT">&nbsp;</p>
      <u>
      <p ALIGN="CENTER"><font face="Times New Roman">Name of Director</font></u></font></b></td>
    <td WIDTH="75%" VALIGN="TOP"><b><font SIZE="2">
      <p ALIGN="LEFT">&nbsp;</p>
      <u>
      <p ALIGN="CENTER"><font face="Times New Roman">Background Information</font></u></font></b></td>
  </tr>
  <tr>
    <td WIDTH="25%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Jeffrey I. Badgley</font></font></td>
    <td WIDTH="75%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Mr. Badgley, 49, has
      served as Chief Executive Officer of the Company since November 1997, as
      President of the Company since June 1996 and as a director since January
      1996. In June 1997, he was named Co-Chief Executive Officer of the
      Company, a title he shared with Mr. Miller until November 1997. Mr.
      Badgley served as Vice President of the Company from 1994 to 1996, and as
      Chief Operating Officer of the Company from June 1996 to June 1997. In
      addition, Mr. Badgley has served as President of Miller Industries Towing
      Equipment Inc. since 1996. Mr. Badgley served as Vice President&#151;Sales of
      Miller Industries Towing Equipment Inc. from 1988 to 1996. He previously
      served as Vice President&#151;Sales and Marketing of Challenger Wrecker
      Corporation (&quot;Challenger Wrecker&quot;), from 1982 until joining
      Miller Industries Towing Equipment Inc.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="25%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">A. Russell Chandler, III</font></font></td>
    <td WIDTH="75%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Mr. Chandler, 56, has
      served as a director of the Company since April 1994. He currently serves
      as Chairman of Amplified.Com, an internet music provider, and is founder
      and Chairman of Whitehall Group Ltd., a private investment firm based in
      Atlanta, Georgia. Mr. Chandler served as the Mayor of the Olympic Village
      for the Atlanta Committee for the Olympic Games from 1990 through August
      1996. From 1987 to 1993, he served as Chairman of United Plastic Films,
      Inc., a manufacturer and distributor of plastic bags. He founded Qualicare,
      Inc., a hospital management company, in 1972 and served as President and
      Chief Executive Officer until its sale in 1983.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="25%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Paul E. Drack</font></font></td>
    <td WIDTH="75%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Mr. Drack, 72, has served
      as a director of the Company since April 1994. Mr. Drack is also a
      director of Euramax International PLC. Mr. Drack retired in December 1993
      as President and Chief Operating Officer of AMAX Inc., positions he held
      since August 1991. From 1985 to 1991, Mr. Drack served in various
      capacities for operating subsidiaries of AMAX Inc. including Chairman,
      President and Chief Executive Officer of Alumax Inc. and President of
      Kawneer Company. He was a director of AMAX Inc. from 1988 to 1993. Prior
      to its acquisition by Cyprus Minerals in November 1993, AMAX Inc. was a
      producer of aluminum and manufactured aluminum products with interests in
      domestic energy and gold production.</font></font></td>
  </tr>
  </TABLE>
  <P>&nbsp;</P>
  <P>&nbsp;</P>
<font SIZE="2">
<p ALIGN="center"><font face="Times New Roman">3</font></p>
<hr color="#000080">
<p ALIGN="left">&nbsp;</p>
</font>
  <P>&nbsp;</P>
 <table BORDER="0" CELLSPACING="0" CELLPADDING="7" WIDTH="601">

  <tr>
    <td WIDTH="25%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">William G. Miller</font></font></td>
    <td WIDTH="75%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Mr. Miller, 54, has served
      as Chairman of the Board since April 1994. He served as Chief Executive
      Officer of the Company from April 1994 until June 1997. In June 1997, he
      was named Co-Chief Executive Officer, a title he shared with the Company&#146;s
      President, Jeffrey I. Badgley until November 1997. Mr. Miller also served
      as President of the Company from April 1994 to June 1996. He served as
      Chairman of Miller Group, Inc., from August 1990 through May 1994, as its
      President from August 1990 to March 1993, and as its Chief Executive
      Officer from March 1993 until May 1994. Prior to 1987, Mr. Miller served
      in various management positions for Bendix Corporation, Neptune
      International Corporation, Wheelabrator-Frye Inc. and The Signal
      Companies, Inc.</font></font></td>
  </tr>
  <tr>
    <td WIDTH="25%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Richard H. Roberts</font></font></td>
    <td WIDTH="75%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">Mr. Roberts, 47, has
      served as a director of the Company since April 1994. Mr.&nbsp;Roberts
      currently serves as Senior Vice President, Secretary and General Counsel
      of Forward Air Corporation, a position he has held since August, 1994. He
      also holds similar positions with Landair Corporation which he has held
      since September, 1998. Mr. Roberts was partner in the law firm of Baker,
      Worthington, Crossley &amp; Stansberry, counsel to the Company, from
      January 1991 to August 1994 and prior thereto was an associate of the
      firm. Mr. Roberts has served as a director of Landair Services, Inc. since
      May 1995.</font></font></td>
  </tr>
</TABLE>
<font SIZE="2">
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Board of Directors held five
meetings during the fiscal year ended April 30, 2001. The Board of Directors has
standing Audit, Compensation and Nominating Committees. The Audit Committee is
comprised of Messrs. Chandler, Drack and Roberts. The Audit Committee meets with
the Company&#146;s independent auditors to review the Company&#146;s financial
statements and it is the function of this committee to ensure that the Company&#146;s
financial statements accurately reflect the Company&#146;s financial position and
results of operations. The report of the Audit Committee is included in this
proxy statement beginning on page 8. The Audit Committee held four meetings
during fiscal 2001.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The purpose of the Compensation
Committee is to establish, among other things, salaries, bonuses and other
compensation for the Company&#146;s officers, and to administer the Company&#146;s
stock option and other employee benefit plans. Messrs. Chandler, Drack and
Roberts comprise the Compensation Committee, which met four times during fiscal
2001.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Nominating Committee is
comprised of Messrs. Chandler, Drack and Miller. The Nominating Committee was
established to evaluate candidates for service as directors to the Company. The
Nominating Committee held one meeting during fiscal 2001. The Nominating
Committee will consider candidates recommended by shareholders. Shareholder
recommendations must comply with the procedures for nominations set forth in
Article I, Section 1.2, of the Company&#146;s Bylaws.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">All incumbent directors attended
more than 75% of the meetings of the Board of Directors and the respective
committees of which they are members.</font></p>
<b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">THE BOARD UNANIMOUSLY RECOMMENDS
THAT THE SHAREHOLDERS VOTE &quot;FOR&quot; THE ELECTION OF EACH OF THE FIVE
DIRECTOR NOMINEES.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
</b>
<p ALIGN="center"><font face="Times New Roman">4</font></p>
<b>
<hr color="#000080">
<p ALIGN="left">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">EXECUTIVE COMPENSATION</font></p>
<p ALIGN="LEFT"><font face="Times New Roman">Summary Compensation Table</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The following table sets forth
certain information for each of the last three fiscal years of the Company
concerning compensation paid by the Company and its subsidiaries to the Company&#146;s
Chief Executive Officer and to each of the Company&#146;s other most highly
compensated executive officers as of the end of fiscal 2001 who earned in excess
of $100,000 in salary and bonus during fiscal 2001 (collectively, the
&quot;Named Executive Officers&quot;).</font></p>
</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="643">
  <tr>
    <td WIDTH="13%" VALIGN="bottom">&nbsp;</td>
    <td WIDTH="35%" VALIGN="bottom" COLSPAN="2">&nbsp;</td>
    <td WIDTH="21%" VALIGN="bottom" COLSPAN="2"><b><u><font SIZE="2">
      </font></u><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Annual<br>
      Compensation</font><sup><font face="Times New Roman">(1)</font></p>
      </sup></font></b></td>
    <td WIDTH="30%" VALIGN="bottom" COLSPAN="3"><b><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Long Term<br>
      Compensation<br>
      Awards</font></p>
      </font></b></td>
  </tr>
  <tr>
    <td WIDTH="13%" VALIGN="bottom"></td>
    <td WIDTH="35%" VALIGN="bottom" COLSPAN="2"></td>
    <td WIDTH="21%" VALIGN="bottom" COLSPAN="2">
      <hr color="#000080">
    </td>
    <td WIDTH="30%" VALIGN="bottom" COLSPAN="3">
      <hr color="#000080">
    </td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="bottom" COLSPAN="2"><b><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Name and Principal Position</font></p>
      </font></b></td>
    <td WIDTH="8%" VALIGN="bottom"><b><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Year</font><sup></p>
      </sup></font></b></td>
    <td WIDTH="10%" VALIGN="bottom"><b><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Salary<br>
      ($)</font></p>
      </font></b></td>
    <td WIDTH="11%" VALIGN="bottom" COLSPAN="2"><b><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Bonus<br>
      ($)</font></p>
      </font></b></td>
    <td WIDTH="13%" VALIGN="bottom"><b><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">Securities<br>
      Underlying<br>
      Options<br>
      (#)</font></p>
      </font></b></td>
    <td WIDTH="17%" VALIGN="bottom"><b><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">All<br>
      Other<br>
      Compensation<br>
      ($)</font></p>
      </font></b></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="bottom" COLSPAN="2">
      <hr color="#000080">
    </td>
    <td WIDTH="8%" VALIGN="bottom">
      <hr color="#000080">
    </td>
    <td WIDTH="10%" VALIGN="bottom">
      <hr color="#000080">
    </td>
    <td WIDTH="11%" VALIGN="bottom" COLSPAN="2">
      <hr color="#000080">
    </td>
    <td WIDTH="13%" VALIGN="bottom">
      <hr color="#000080">
    </td>
    <td WIDTH="17%" VALIGN="bottom">
      <hr color="#000080">
    </td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">William G. Miller</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">2001</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">$ 180,000</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Chairman</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">2000</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">180,000</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1999</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">180,000</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="8%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="13%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">&nbsp;</font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Jeffrey I. Badgley</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">2001</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">266,667</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">$ 8,928<sup>(5)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2">
        <font SIZE="2">
        <p ALIGN="LEFT"><font face="Times New Roman">President and Chief
        Executive<br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Officer</font>
      </font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">2000</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">245,833</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">16,000</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1,424<sup>((3)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2">
      <blockquote>
        <font SIZE="2">
        <p ALIGN="LEFT">&nbsp;
        </blockquote>
      </font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1999</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">191,667</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">60,000<sup>(2)</sup></font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">120,000<sup>(4)</sup></font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1,653<sup>(3)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="8%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="13%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Frank Madonia</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">2001</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">191,667</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">6,628<sup>(3)(6)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Executive Vice President,</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">2000</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">178,333</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">12,000</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1,762<sup>(3)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">&nbsp;&nbsp;&nbsp;Secretary and
      General<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Counsel</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1999</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">145,625</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">48,333<sup>(2)</sup></font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">90,000<sup>(4)</sup></font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1,592<sup>(3)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="8%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="13%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP">&nbsp;</td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">J. Vincent Mish</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">2001</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">163,333</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">30,000<sup>(2))</sup></font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">6,222<sup>(3)(7)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Vice President, Chief
      Financial<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Officer and</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">2000</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">153,333</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">-</font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">12,000</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1,312<sup>(3)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">President of the Financial<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Services Group</font></font></td>
    <td WIDTH="8%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1999</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">120,000</font></font></td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">48,333<sup>(2)</sup></font></font></td>
    <td WIDTH="13%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">7,500</font></font></td>
    <td WIDTH="17%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">1,205<sup>(3)</sup></font></font></td>
  </tr>
  <tr>
    <td WIDTH="40%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="8%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="11%" VALIGN="TOP" COLSPAN="2">&nbsp;</td>
    <td WIDTH="13%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="17%" VALIGN="TOP">&nbsp;</td>
  </tr>
</TABLE>
<font SIZE="2">
<p ALIGN="LEFT"><font face="Times New Roman">_______________________</font></p>
<table border="0" width="100%">
  <tr>
    <td valign="top">
  <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">(1)</font></p>
    </td>
    <td>
  <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2"> Excludes perquisites and
  other personal benefits aggregating less than $50,000 or 10% of the named
  executive officer&#146;s annual salary and bonus.</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top">
  <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">(2)</font></p>
    </td>
    <td>
  <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2"> Bonus awards consist
  entirely of amounts earned in previous fiscal years which are paid
  incrementally to the executive officer in the year noted in accordance with
  the Company&#146;s bonus plan.</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top">
  <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2">(3)</font></p>
    </td>
    <td>
  <p ALIGN="JUSTIFY"><font face="Times New Roman" SIZE="2"> Consists of a matching
  contribution made to the executive&#146;s account in the Company&#146;s 401(k) Plan.</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top">
  <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2">(4)</font></p>
    </td>
    <td>
  <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> Issued in connection with
  employment agreements entered into in September 1998, as further described
  under the heading &quot;Employment Contracts, Termination of Employment,
  Severance and Change-in-Control Arrangements&quot; below.</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top">
  <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2">(5)</font></p>
    </td>
    <td>
  <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> Mr. Badgley&#146;s
  other compensation includes $6,250 received from the sale of 125,000 out of
  the money options to the Company at a purchase price of $0.05 per option and a
  $2,678 matching contribution to Mr. Badgley&#146;s account in the Company&#146;s
  401(k) Plan.</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top">
  <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2">(6)</font></p>
    </td>
    <td>
  <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> Mr. Madonia&#146;s other
  compensation includes $4,700 received from the sale of 94,000 out of the money
  options to the Company at a purchase price of $0.05 per option and a $1,928
  matching contribution to Mr. Madonia&#146;s account in the Company&#146;s 401(k)
  Plan.</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top">
  <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2">(7)</font></p>
    </td>
    <td>
  <p ALIGN="JUSTIFY"><font face="Times New Roman" size="2"> Mr. Mish&#146;s other
  compensation includes $4,700 received from the sale of 94,000 out of the money
  options to the Company at a purchase price of $0.05 per option and a $1,522
  matching contribution to Mr. Mish&#146;s account in the Company&#146;s 401(k) Plan.</font></p>
    </td>
  </tr>
</TABLE>
  <p ALIGN="JUSTIFY">&nbsp;</p>
  <b>
  <p ALIGN="LEFT">&nbsp;</p>
</b>
  <p ALIGN="center">5</p>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="center">&nbsp;</p>
  <p ALIGN="LEFT">&nbsp;</p>
  <b>
  <p ALIGN="LEFT"><font face="Times New Roman">Options Exercised in Last Fiscal
  Year, Fiscal Year End Option Values</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The following table summarizes
certain information regarding year end option values of the Named Executive
Officers. The Named Executive Officers did not exercise any options during the
fiscal year. The closing sale price of the Company&#146;s Common Stock on the New
York Stock Exchange (&quot;NYSE&quot;) as of the last business day of its fiscal
year, April 30, 2001, was $0.74 per share. Because the closing sale price of the
Company&#146;s Common Stock on April 30, 2001 was less than the exercise price of
the options, no unexercised options were in-the-money</font></p>
<p ALIGN="LEFT">&nbsp;</p>
</font>
<p ALIGN="CENTER"><center>
<table CELLSPACING="0" CELLPADDING="5" WIDTH="408">
  <tr>
    <td WIDTH="29%" VALIGN="bottom"><u>
      <p ALIGN="CENTER"><font SIZE="2" face="Times New Roman">Name</font></u></td>
    <td WIDTH="71%" VALIGN="bottom" COLSPAN="2">
      <p ALIGN="CENTER"><font SIZE="2" face="Times New Roman">Number of
      securities underlying unexercised <u>options at April 30, 2001 (No. of
      shares)</u></font></td>
  </tr>
  <tr>
    <td WIDTH="29%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="32%" VALIGN="TOP"><u>
      <p ALIGN="CENTER"><font SIZE="2" face="Times New Roman">Exercisable</font></u></td>
    <td WIDTH="38%" VALIGN="TOP"><u>
      <p ALIGN="CENTER"><font SIZE="2" face="Times New Roman">Unexercisable</font></u></td>
  </tr>
  <tr>
    <td WIDTH="29%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">William G. Miller</font></font></td>
    <td WIDTH="32%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
    <td WIDTH="38%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
  </tr>
  <tr>
    <td WIDTH="29%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Jeffrey I. Badgley</font></font></td>
    <td WIDTH="32%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">270,929&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
    <td WIDTH="38%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">72,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
  </tr>
  <tr>
    <td WIDTH="29%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Frank Madonia</font></font></td>
    <td WIDTH="32%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">232,429&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
    <td WIDTH="38%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">54,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
  </tr>
  <tr>
    <td WIDTH="29%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">J. Vincent Mish</font></font></td>
    <td WIDTH="32%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">191,179&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
    <td WIDTH="38%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">12,750&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font></td>
  </tr>
</TABLE>
</center><font SIZE="2">
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Employment Contracts, Termination
of Employment, Severance and Change-in-Control Arrangements</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">In September 1998, the Company
entered into employment agreements with Messrs. Badgley and Madonia. Each
employment agreement provides for a rolling three-year term, extended
automatically each day for an additional day such that the remaining term of
each employment agreement is three years. However, on each individual&#146;s 62nd
birthday, the employment agreement ceases to extend automatically, and instead
terminates three years from that date. The employment agreements provide for
base salaries of $200,000 to Mr. Badgley, and $165,000 to Mr. Madonia, each
subject to annual review by the Board of Directors. Additionally, each
individual may participate in any bonus plans or other benefits generally
available to executive officers of the Company. The Company may terminate
Messrs. Badgley or Madonia pursuant to their respective employment agreements
for any reason upon written notice. However, if termination is for other than
&quot;just cause&quot; (as defined in the employment agreements), 100% of the
terminated individual&#146;s options on Company stock granted pursuant to the
Company&#146;s Stock Option and Incentive Plan will vest and become immediately
exercisable, and the Company must pay the terminated individual his current base
salary plus bonuses and health and life insurance benefits for a period of three
years, or until the end of the term of the employment agreement, whichever is
shorter. Finally, each employment agreement also provides for non-competition
and confidentiality during employment and for a period ending two years from
termination or expiration of the employment agreement (or one year if
termination occurs pursuant to a change in control as defined in each individual&#146;s
change in control agreement described below).</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">In September 1998, the Company
entered into change in control agreements with Messrs. Badgley and Madonia. Each
change in control agreement provides for a rolling three-year term, extended
automatically each day for an additional day such that the remaining term of
each employment agreement is three years. However, on each individual&#146;s 62nd
birthday, the employment agreement ceases to extend automatically, and instead
terminates three years from that date. Upon termination within 6 months prior to
or 2 years after a change in control (as defined in each respective change in
control agreement), Messrs. Badgley and Madonia are entitled to payment of then
current salary, plus bonuses and incentives, and health and life insurance
coverage for a period of three years following termination.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">In July 1997, the Company
entered into an employment agreement with Mr. Miller which provides for a base
salary as agreed to by the Company and Mr. Miller from time to time, but which
shall in any event be substantially the same as the base salary of the Chief
Executive Officer of the Company unless Mr. Miller agrees to accept a lower
salary. Mr. Miller also receives certain insurance and other benefits as are
generally provided by the Company to its executive employees. Mr. Miller's
employment agreement is for an indeterminate term and requires Mr. Miller to
meet certain concurrent employment conditions with the Company or its
affiliates. Employment may be terminated by either party upon three years
written notice or for &quot;cause,&quot; as defined in the employment agreement.
The agreement also provides for non-competition by Mr. Miller for a period
ending three years from termination of the agreement if the agreement is
terminated by breach of Mr. Miller.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
  <p ALIGN="center">6</p>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="JUSTIFY"><font face="Times New Roman">Compensation of Directors</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The members of the Board of
Directors who are employees of the Company do not receive additional
compensation for Board or committee service. Upon initial election to the Board,
each non-employee director is granted an option to purchase 10,000 shares of
Common Stock as of the date of becoming a director. In addition, on the first
business day following each annual meeting of shareholders, each non-employee
director receives an option to purchase a number of shares of the Company's
Common Stock equal to $32,500 divided by the Black-Scholes value (as established
by the Company's independent accountant) of an option to purchase one such
share, and up to 2,000 additional shares based upon the earnings of the Company.</font></p>
<b>
<p ALIGN="JUSTIFY"><font face="Times New Roman">Compensation Committee
Interlocks and Insider Participation</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">During fiscal 2001, the
Compensation Committee was comprised of Messrs. Chandler, Drack and Roberts, all
of whom were non-employee directors.</font></p>
<b>
<p ALIGN="JUSTIFY"><font face="Times New Roman">Compensation Committee Report on
Executive Compensation</font></p>
</b><i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Overview.</font></i><font face="Times New Roman">
The Company&#146;s general compensation policies on executive officer compensation
are administered by the Compensation Committee (the &quot;Committee&quot;) of
the Board of Directors; however, the Committee submits its determinations to the
full Board for its comments and concurrence. All members of the Committee are
non-employee directors. It is the responsibility of the Committee to determine
whether the executive compensation policies are reasonable and appropriate, meet
their stated objectives and effectively serve the best interests of the Company
and its shareholders.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The three components of
executive officer compensation are base salary, annual cash bonus awards and
stock option grants, except with respect to the Chairman, who declined any stock
option award in fiscal 2001 as has been his custom in previous years. In
addition to the Committee&#146;s determinations on base salary and bonus award, the
Committee administers the 1994 Plan and recommends to the Board of Directors the
options to be granted to executive officers.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Company believes that its
executive compensation policy should be reviewed annually and should be reviewed
in light of the Company&#146;s financial performance, its annual budget, its
position within its industry sectors and the compensation policies of similar
companies in its business sectors. The Committee believes that in addition to
corporate performance, it is appropriate to consider in setting and reviewing
executive compensation the level of experience and the responsibilities of each
executive as well as the personal contributions a particular individual may make
to the success of the corporate enterprise. Such qualitative factors as
leadership skills, analytical skills, organization development, public affairs
and civic involvement are deemed to be important qualitative factors to take
into account in considering levels of compensation. No relative weight is
assigned to these qualitative factors, which are applied subjectively by the
Committee.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">During fiscal 1999, the
Compensation Committee conducted an executive compensation study with the
assistance of an independent consulting firm specializing in these matters. The
Committee compared compensation packages, including salary, bonus and equity
incentives, of executive management of other companies with those of the
Company. The Committee noted that the compensation packages of the Company&#146;s
executive officers were in general substantially below the averages reflected in
this survey. As a result of this study, the Company began the incremental
process of increasing the compensation of its executive officers by entering
into the employment agreements described under &quot;Employment Contracts,
Termination of Employment, Severance and Change in Control Arrangements&quot;,
providing for the salary increases and the option grants reflected in such
agreements.</font></p>
<i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Option Grants.</font></i><font face="Times New Roman">
The Company uses grants of options to better align the interests of the Company&#146;s
officers and employees with the long-term interests of the Company and its
shareholders. All options for the purchase of 500 or more shares generally vest
in four equal annual installments, and all options for the purchase of fewer
than 500 shares vest in two equal annual installments. All options are
exercisable until the tenth anniversary of the grant date unless otherwise
earlier terminated pursuant to the terms of the individual option agreement.
During the 2001 fiscal year, the Company granted an aggregate of 330,650 options
to employees and executive officers under the</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
  <p ALIGN="center">7</p>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 0"><font face="Times New Roman">
1994 Plan. No options were granted
to the Named Executive Officers. The Committee strongly believes it is important
for the non-executive officer employees of the Company to have a long-term
equity interest in the Company.</font></p>
<i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Salaries.</font></i><font face="Times New Roman">
During fiscal 2001, the Committee reviewed the salaries of all executive
officers and the established levels of participation of those officers in the
Company&#146;s Cash Bonus Plan and the 1994 Plan. In its review, the Committee
discussed the performance of the executive officers with the Chief Executive
Officer and further considered the compensation packages, employment agreements
(as applicable) and existing stock options (as applicable) of each officer and
of the Chief Executive Officer. The Committee&#146;s review of executive officer
compensation included consideration of individual performance and contribution
to the Company, a comparison to compensation paid to executive officers in
companies of similar size in related industries, the financial performance of
the Company, and other factors the Committee believed were relevant in making
its determination.</font></p>
<i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Employment Agreements</font></i><font face="Times New Roman">.
Each of Messrs. Badgley, Miller and Madonia is a party to an employment
agreement with the Company or a subsidiary of the Company, which is described
under &quot;Employment Contracts, Termination of Employment, Severance and
Change-in-Control Arrangements.&quot;</font></p>
<i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Federal Income Tax Deductibility
Limitation on Executive Compensation.</font></i><font face="Times New Roman">
Section 162(m) of the Internal Revenue Code was enacted as part of the 1993
Omnibus Budget Reconciliation Act (&quot;OBRA&quot;) and generally disallows a
corporate deduction for compensation over $1,000,000 paid to the Company&#146;s
Chief Executive Officer or any other of the four highest compensated officers.
The Committee continues to analyze the potential impact of this limitation.
Under the regulations and the transition rules, executive compensation pursuant
to the 1994 Plan should be qualifying &quot;performance based&quot; compensation
and therefore be excluded from the $1,000,000 limit. Other forms of compensation
provided by the Company, however, including base salary and amounts awarded
under the Cash Bonus Plan, are not excluded from the limit. The Committee
currently anticipates that substantially all compensation to be paid in future
years will be deductible under Section 162(m) because of the spread between
present levels of executive officer compensation and the limit under the
regulation. In any event, the Committee believes that performance based
compensation is desirable and can be structured in a manner to constitute
qualifying as performance based compensation under Section 162(m).</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<blockquote>
  <blockquote>
    <blockquote>
      <blockquote>
        <blockquote>
          <blockquote>
            <blockquote>
                        <p ALIGN="LEFT"><font face="Times New Roman">Paul E.
                        Drack<br>
                        A. Russell
                        Chandler, III<br>
                        Richard H.
                        Roberts</font></p>
            </blockquote>
          </blockquote>
        </blockquote>
      </blockquote>
    </blockquote>
  </blockquote>
</blockquote>
                        <p ALIGN="LEFT">&nbsp;</p>
<b>
<p ALIGN="JUSTIFY"><font face="Times New Roman">Audit Committee Report</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Company&#146;s Audit Committee
is comprised of three independent members, and is responsible for providing
independent, objective oversight of the Company&#146;s accounting functions and
internal controls. The Audit Committee acts under a written charter adopted and
approved by the board of directors in March 2000. A copy of the Audit Committee
Charter is attached to this proxy statement as Annex A.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The responsibilities of the
Audit Committee include recommending to the board of directors an accounting
firm to be engaged as independent accountants. In addition, the Audit Committee
is responsible for recommending to the board of directors that the Company&#146;s
financial statements be included in the Company&#146;s annual report to
shareholders.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Audit Committee has reviewed
and discussed the Company&#146;s audited financial statements for the fiscal year
ended April 30, 2001 with management, and has discussed with Arthur Andersen
LLP, the Company&#146;s independent public accountants, the matters required to be
discussed by Statement on Auditing Standards No. 61 (Communication with Audit
Committees). The Audit Committee has also received the written disclosures and
the letter from Arthur Andersen required by Independence Standards Board
Standard No. 1 (Independence Discussion with Audit Committees) and the Audit
Committee has discussed the independence of Arthur Andersen with that firm.</font></p>
<p ALIGN="LEFT">&nbsp;</p>
<p ALIGN="LEFT">&nbsp;</p>
  <p ALIGN="center">8</p>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="LEFT">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Based on the reports and
discussions described in this report the Audit Committee recommended to the
board of directors that the Company&#146;s audited consolidated financial
statements be included in the annual report on Form 10-K for the fiscal year
ended April 30, 2001 for filing with the Securities and Exchange Commission.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<blockquote>
  <blockquote>
    <blockquote>
      <blockquote>
        <blockquote>
          <blockquote>
            <blockquote>
                        <p ALIGN="LEFT"><font face="Times New Roman">Paul E.
                        Drack<br>
                        A. Russell
                        Chandler, III<br>
                        Richard H.
                        Roberts</font></p>
            </blockquote>
          </blockquote>
        </blockquote>
      </blockquote>
    </blockquote>
  </blockquote>
</blockquote>
                        <p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Independent Public Accountants</font></p>
</b>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Board of Directors, upon
recommendation of the Audit Committee, appoints each year the firm that will
serve as the Company&#146;s independent public accountants. The Board has appointed
Arthur Andersen LLP, which firm served as independent public accountants for the
Company during the past fiscal year, to serve as such accountants for the
current fiscal year. Such appointment is not subject to ratification or other
vote by the stockholders.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">A representative of Arthur
Andersen LLP is expected to be present at the Annual Meeting, with the
opportunity to make a statement if he or she desires to do so, and is expected
to be available to respond to appropriate questions.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Audit Fees</font></p>
</b>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">Arthur Andersen LLP billed the
Company aggregate fees of $347,500 for professional services rendered for the
audit of financial statements for fiscal year 2001, and the reviews of financial
statements included in Forms 10-Q filed during fiscal year 2001.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">All Other Fees</font></p>
</b>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">Arthur Andersen LLP billed the
Company aggregate fees of $373,650 for all other services rendered to it during
fiscal year 2001. The Company did not engage Arthur Andersen during fiscal 2001
for management information system services.</font></p>
<p ALIGN="justify" style="text-indent: 60"><font face="Times New Roman">The Audit Committee has considered
whether the provision of other services by Arthur Andersen LLP is compatible
with maintaining the independence of Arthur Andersen LLP.</font></p>
<b>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
</b>
  <p ALIGN="center">9</p>
<b>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY"><font face="Times New Roman">Performance Graph</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
</b>
<p ALIGN="JUSTIFY"><font face="Times New Roman">The following line graph
compares the percentage change in the cumulative shareholder return of the
Common Stock with The New York Stock Exchange Composite Index and the Standard
&amp; Poor&#146;s Heavy Trucks and Parts Index over the period of time from April
30, 1996 through April 30, 2001. The respective returns assume reinvestment of
dividends paid.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman"><img SRC="chart.gif" WIDTH="607" HEIGHT="316"></font></p>
</b>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
</font>
<div align="center">
  <center>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="588" ALIGN="LEFT" HSPACE="12">
  <tr>
    <td WIDTH="35%" VALIGN="TOP">&nbsp;</td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">4/30/96</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">4/30/97</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">4/30/98</font></font></td>
    <td WIDTH="10%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">4/30/99</font></font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">4/28/00</font></font></td>
    <td WIDTH="12%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="CENTER"><font face="Times New Roman">4/30/01</font></font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">Miller Industries, Inc.</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">100</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">129</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">86</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">55</font></font></td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">37</font></font></td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">8</font></font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">NYSE Composite Index</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">100</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">119</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">164</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">181</font></font></td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">184</font></font></td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">181</font></font></td>
  </tr>
  <tr>
    <td WIDTH="35%" VALIGN="TOP"><font SIZE="2">
      <p ALIGN="LEFT"><font face="Times New Roman">S&amp;P Heavy Duty Trucks
      &amp; Parts</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">100</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">124</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">194</font></font></td>
    <td WIDTH="10%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">221</font></font></td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">169</font></font></td>
    <td WIDTH="12%" VALIGN="BOTTOM"><font SIZE="2">
      <p ALIGN="RIGHT"><font face="Times New Roman">160</font></font></td>
  </tr>
</TABLE>
  </center>
</div>
<font SIZE="2">
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
  <b><u>
  <p ALIGN="left">&nbsp;</p>
  </u></b>
  <p ALIGN="center">10</p>
  <b><u>
  <hr color="#000080">
  <p ALIGN="left">&nbsp;</p>
  <p ALIGN="left">&nbsp;</p>
  <p ALIGN="left">&nbsp;</p>
  <p ALIGN="CENTER"><font face="Times New Roman">PROPOSAL 2: AMENDMENT TO THE
  CHARTER TO EFFECT<br>
  A REVERSE STOCK SPLIT OF THE
  COMPANY&#146;S COMMON STOCK</font></p>
  </u></b>
  <p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">General</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Company&#146;s Board of
Directors has unanimously adopted a resolution approving, and recommending to
the Company&#146;s shareholders for their approval, a proposal to amend Article
Eight of the Charter of the Company to authorize a reverse split of the shares
of the Company Common Stock at a ratio of one-for-ten. The form of the proposed
amendment is annexed to this proxy statement as Annex B. The amendment to the
Charter will effect the reverse stock split by reducing the number of shares of
Common Stock at a ratio of one-for-ten, but will not increase the par value of
the Common Stock, and will not change the number of authorized shares of Common
Stock.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Approval of the proposed
amendment to the Charter to effect a reverse stock split requires the
affirmative vote of the holders of a majority of the shares of the Company&#146;s
Common Stock.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Reasons for the Amendment to the
Company&#146;s Charter to Effect a Reverse Stock Split</font></p>
</b>
<i>
<p ALIGN="LEFT" style="text-indent: 60"><font face="Times New Roman">Listing on the New York Stock
Exchange</font></p>
</i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Company&#146;s Common Stock is
currently listed on the New York Stock Exchange (&quot;NYSE&quot;). The NYSE
requires that listed stock maintain an average closing price of $1.00 per share.
Trading of the Company&#146;s shares of Common Stock have averaged below $1.00 per
share since ______________. On _____ __, 2001 the Company received a letter from
NYSE notifying the Company that it has not been in compliance with the minimum
average closing price requirement. In its letter, the NYSE informed the Company
that the Company&#146;s Common Stock would be required to maintain a minimum
average closing price of at least $1.00 per share over the 30 trading days ended
_______, 2001, or face possible delisting from the NYSE. After the 30-day period
expired without the Common Stock achieving the required $1.00 average share
price, the Company informed the NYSE that it intended to pursue a reverse stock
split in order to increase the market price per share of the Common Stock. The
NYSE accepted the Company&#146;s proposal for regaining compliance with the NYSE&#146;s
minimum share price listing requirement, and agreed to allow the Company time to
solicit necessary shareholder approvals for the reverse split.</font></p>
<b>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Board has determined that
the continued listing of the Company&#146;s Common Stock on the NYSE is in the best
interests of the shareholders. If the Common Stock were delisted from the NYSE,
the Board believes that the liquidity in the trading market for the Company&#146;s
Common Stock could be significantly decreased which could reduce the trading
price and increase the transaction costs of trading shares of the Common Stock.</font></p>
<i>
<p ALIGN="LEFT" style="text-indent: 60"><font face="Times New Roman">Potential Increased Investor
Interest</font></p>
</i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Board believes a higher
price may help generate investor interest in the Company and help attract and
retain employees and other service providers. On August _____, 2001 the Common
Stock closed at $__ per share. In approving the reverse stock split, the Board
considered that the Common Stock may not appeal to brokerage firms that are
reluctant to recommend lower priced securities to their clients. Investors may
also be dissuaded from purchasing lower priced stocks because the brokerage
commissions, as a percentage of the total transaction, tend to be higher for
such stocks. Moreover, the analysts at many brokerage firms do not monitor the
trading activity or otherwise provide coverage of lower priced stocks. Also, the
Board believes that most investment funds are reluctant to invest in lower
priced stocks.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Board further believes that
a higher stock price would help attract and retain employees and other service
providers. The Board believes that some potential employees and service
providers are less likely to work for a company with a low stock price,
regardless of size of the company&#146;s market capitalization. If the reverse
stock split successfully increases the per share price of the Company&#146;s Common
Stock, the Board believes this increase will enhance the Company&#146;s ability to
attract and retain employees and service providers.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
  <p ALIGN="center">11</p>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Potential Risks of the Reverse
Stock Split</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Upon effectiveness of the
reverse stock split there can be no assurance that the price of the Company&#146;s
Common Stock will rise in proportion to the reduction in the number of
outstanding shares resulting from the reverse stock split, that the reverse
stock split will result in a per share price that will increase the Company&#146;s
ability to attract and retain employees and other service providers, that the
market price of the post-split Common Stock can be maintained above $1.00, or
that the Common Stock will not be delisted from the NYSE for other reasons. The
market price of the Company&#146;s Common Stock will also be based on our
performance and other factors, many of which are unrelated to the number of
shares outstanding. If the reverse stock split is effected and the market price
of the Common Stock declines, the percentage decline as an absolute number and
as a percentage of the Company&#146;s overall capitalization may be greater than
would occur in the absence of a reverse stock split. Furthermore, liquidity of
the Common Stock could be adversely affected by the reduced number of shares
that would be outstanding after the reverse stock split.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Potential Effects of the Reverse
Stock Split</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Pursuant to the reverse stock
split each holder of ten shares of the Company&#146;s Common Stock, par value $.01
per share, immediately prior to the effectiveness of the reverse stock split
will become a holder of one share of the Company&#146;s Common Stock, par value
$.01 per share, after consummation of the reverse stock split.</font></p>
<i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Accounting Matters</font></p>
</i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The reverse stock split will not
affect the par value of the Company&#146;s Common Stock. As a result, on the
effective date of the reverse stock split, the stated capital on the Company&#146;s
balance sheet attributable to the Common Stock will be reduced to one-tenth
(1/10 of its present amount, and the additional paid-in capital account shall be
credited with the amount by which the stated capital is reduced. The per share
net income or loss and net book value of the Company&#146;s Common Stock will be
increased because there will be fewer shares of our Common Stock outstanding.</font></p>
<i>
<p ALIGN="LEFT" style="text-indent: 60"><font face="Times New Roman">Effect on authorized and
outstanding shares</font></p>
</i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">We are currently authorized to
issue a maximum of 100,000,000 shares of Common Stock. As of the record date,
there were ___________ shares of the Company&#146;s Common Stock issued and
outstanding, or held as treasury shares. Although the number of authorized
shares of Common Stock will not change as a result of the reverse stock split,
the number of shares of Common Stock issued and outstanding, or held as treasury
shares, will be reduced to a number that will be approximately equal to (i) the
number of shares of the Company&#146;s Common Stock issued and outstanding, or held
as treasury shares, immediately prior to the effectiveness of the reverse stock
split, divided by (ii) ten.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">With the exception of the number
of shares issued and outstanding, or held as treasury shares, the rights and
preferences of the shares of the Common Stock prior and subsequent to the
reverse stock split will remain the same. It is not anticipated that the Company&#146;s
financial condition, the percentage ownership of management, the number of
shareholders, or any aspect of the Company&#146;s business would change as a result
of the reverse stock split.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The reverse stock split will be
effected simultaneously for all of the Company&#146;s Common Stock and the exchange
ratio will be the same for all of the Common Stock. The reverse stock split will
affect all of the Company&#146;s shareholders uniformly and will not affect any
shareholder&#146;s percentage ownership interests in the Company, except to the
extent that the reverse stock split results in any of the Company&#146;s
shareholders owning a fractional share. See &quot;Fractional Shares&quot; below.
Common Stock issued pursuant to the reverse stock split will remain fully paid
and non-assessable.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Company&#146;s Common Stock is
currently registered under Section 12(b) of the Securities Exchange Act of 1934,
as amended (the &quot;Exchange Act&quot;), and as a result, the Company is
subject to periodic reporting and other requirements. The proposed reverse stock
split will not affect the registration of the Common Stock under the Exchange
Act.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
  <p ALIGN="center">12</p>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<i>
<p ALIGN="LEFT" style="text-indent: 60"><font face="Times New Roman">Potential Odd Lots</font></p>
</i>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">If approved, the reverse stock
split will result in some shareholders owning &quot;odd-lots&quot; of less than
100 shares of the Company&#146;s Common Stock. Brokerage commissions and other
costs of transactions in odd-lots are generally somewhat higher than the costs
of transactions in &quot;round-lots&quot; of even multiples of 100 shares.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Increase of Shares of Common Stock
Available for Future Issuance</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">As a result of the reverse stock
split, there will be a reduction in the number of shares of the Company&#146;s
Common Stock issued and outstanding, or held as treasury shares, and an
associated increase in the number of authorized shares which would be unissued
and available for future issuance after the reverse stock split. The increase in
available shares could be used for any proper corporate purpose approved by the
Board including, among other purposes, future financing transactions.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman" size="2"><i>Potential Anti-Takeover Effect</i></font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Although the increased
proportion of unissued authorized shares to issued shares could, under certain
circumstances, have an anti-takeover effect (for example, by permitting
issuances that would dilute the stock ownership of a person seeking to effect a
change in composition of the Board or contemplating a tender offer or other
transaction involving the combination of the Company with another company), the
reverse stock split proposal is not being proposed in response to any effort of
which the Company is aware to accumulate shares of the Company&#146;s Common Stock
or obtain control of the Company. Other than the reverse stock split proposal,
the Board does not currently contemplate recommending the adoption of any other
amendments to the Charter that could be construed to affect the ability of third
parties to take over or change the control of the Company.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Effectiveness of the Reverse Stock
Split</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The reverse stock split, if
approved by the Company&#146;s shareholders, will become effective upon the filing
with the Secretary of State of the State of Tennessee of Articles of Amendment
to the Company&#146;s Charter in substantially the form of the Articles of
Amendment attached to this proxy statement as Annex B. It is expected that such
filing will take place on or shortly after the date of the annual meeting
assuming the shareholders approve the reverse stock split.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Commencing upon the date of the
filing of the amendment effecting the reverse stock split with the Tennessee
Secretary of State, each certificate representing the Company&#146;s Common Stock
will be deemed for all corporate purposes to evidence ownership of the reduced
number of shares of Common Stock resulting from the reverse stock split. As soon
as practicable after the effective date, shareholders will be notified as to the
effectiveness of the reverse stock split and instructed as to how and when to
surrender their certificates representing shares of Common Stock prior to the
reverse stock split in exchange for certificates representing shares of Common
Stock after the reverse stock split. The Company intends to use ______________
as its exchange agent in effecting the exchange of the certificates following
the effectiveness of the reverse stock split.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Fractional Shares</font></p>
</b>
<p ALIGN="LEFT" style="text-indent: 60"><font face="Times New Roman">The Company will not issue
fractional shares in connection with the reverse stock split. Instead, the
Company will redeem any fractional share which results from the reverse stock
split at a price per share equal to the closing sale price of the Common Stock
on the trading day immediately preceding the effective date of the reverse
split, as reported on the New York Stock Exchange. No brokerage commission will
be payable by holders who receive cash in lieu of fractional shares. The Company
will not issue certificates representing fractional shares and will pay the
redemption price to redeem fractional shares resulting from the reverse split
upon presentation to the Company's transfer agent of the certificates
representing such shares.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Certain Federal Income Tax
Consequences</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The following discussion
summarizing certain federal income tax consequences is based on the Internal
Revenue Code of 1986, as amended, the applicable Treasury Regulations
promulgated thereunder, judicial authority and current administrative rulings
and practices in effect on the date of this proxy statement. This discussion is
for</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
  <p ALIGN="center">13</p>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY"><font face="Times New Roman">general information only and does not discuss consequences which may apply
to special classes of taxpayers (e.g., non-resident aliens, broker-dealers, or
insurance companies). Shareholders are urged to consult their own tax advisors
to determine the particular consequences to them.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The receipt of the Common Stock
following the effectiveness of the reverse stock split solely in exchange for
the Common Stock held prior to the reverse stock split will not generally result
in a recognition of gain or loss to the shareholders. The adjusted tax basis of
a shareholder in the Common Stock received after the reverse stock split will be
the same as the adjusted tax basis of the Common Stock held prior to the reverse
stock split exchanged therefore, and the holding period of the Common Stock
received after the reverse stock split will include the holding period of the
Common Stock held prior to the reverse stock split exchanged therefore. To the
extent that a shareholder receives cash in lieu of fractional shares, such
shareholder will generally be treated as having received a fractional interest
in a share of common stock represented by a new certificate which is then
redeemed by the Company. Such shareholder generally will recognize taxable gain
or loss, as the case may be, equal to the difference, if any, between the amount
of cash received and such shareholder&#146;s aggregate basis in the share of stock
prior to the reverse split to which such fractional share interest is
attributable. If such shares are a capital asset in the hands of such
shareholder, the gain or loss will be long-term gain or loss if the shares were
held for more than one year. No gain or loss will be recognized by the Company
as a result of the reverse stock split.</font></p>
<p ALIGN="LEFT">&nbsp;</p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">Appraisal Rights</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">No appraisal rights are
available under the Tennessee Business Corporation Act or under the Company&#146;s
Charter or bylaws to any shareholder who dissents from the proposal to approve
the amendment to the charter to effect the reverse stock split.</font></p>
<b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">THE BOARD UNANIMOUSLY RECOMMENDS
THAT THE SHAREHOLDERS VOTE &quot;FOR&quot; THE AMENDMENT TO THE CHARTER TO
EFFECT A REVERSE STOCK SPLIT OF THE COMPANY&#146;S COMMON STOCK.
</b>
</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="CENTER"><font face="Times New Roman">COMPLIANCE WITH SECTION 16(a) OF
THE<br>
SECURITIES EXCHANGE ACT OF 1934</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Section 16(a) of the Securities
Exchange Act of 1934 and the disclosure requirements of Item 405 of Regulation
S-K require the directors and executive officers of the Company, and any persons
holding more than 10% of any class of equity securities of the Company, to
report their ownership of such equity securities and any subsequent changes in
that ownership to the Securities and Exchange Commission, The New York Stock
Exchange and the Company. Based solely on a review of the written statements and
copies of such reports furnished to the Company by its executive officers and
directors, the Company believes that during fiscal 2001 all Section 16(a) filing
requirements applicable to its executive officers, directors and shareholders
were complied with, and the Company is not aware of any filing delinquencies.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="CENTER"><font face="Times New Roman">DEADLINES FOR SUBMISSION TO
SHAREHOLDERS<br>
OF PROPOSALS TO BE PRESENTED AT
THE<br>
2002 ANNUAL MEETING OF
SHAREHOLDERS</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Any proposal intended to be
presented for action at the 2002 Annual Meeting of Shareholders by any
shareholder of the Company must be received by the Secretary of the Company not
later than April 20, 2002 in order for such proposal to be considered for
inclusion in the Company&#146;s Proxy Statement and proxy relating to its 2002
Annual Meeting of Shareholders. In the event that a proposal intended to be
presented for action at the 2002 Annual Meeting of Shareholders by any
shareholder of the Company is not received by the Secretary of the Company on or
before April 20, 2002, then the management proxies would be allowed to use their
discretionary voting authority if the proposal is raised at the annual meeting,
whether or not the matter is discussed in the Proxy Statement. Nothing in this
paragraph shall be deemed to require the Company to include any shareholder
proposal which does not meet all the requirements for such inclusion established
by the Securities and Exchange Commission at the time in effect.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
  <p ALIGN="center">14</p>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="CENTER"><font face="Times New Roman">METHOD OF COUNTING VOTES</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Unless a contrary choice is
indicated, all duly executed proxies will be voted in accordance with the
instructions set forth on the back side of the proxy card. Abstentions and
&quot;non-votes&quot; will be counted for the purposes of determining a quorum.
Abstentions and non-votes are treated as votes against the proposals presented
to the shareholders other than the election of directors. Because directors are
elected by a plurality of the votes cast, abstentions are not considered in the
election. A &quot;non-vote&quot; occurs when a nominee holding shares for a
beneficial owner votes on one proposal, but does not vote on another proposal
because the nominee does not have discretionary voting power and has not
received instructions from the beneficial owner.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="CENTER"><font face="Times New Roman">MISCELLANEOUS</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">It is important that proxies be
returned promptly to avoid unnecessary expense. Therefore, shareholders who do
not expect to attend in person are urged, regardless of the number of shares of
stock owned, to date, sign and return the enclosed proxies promptly.</font></p>
<b>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY"><font face="Times New Roman">A COPY OF THE COMPANY&#146;S ANNUAL
REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED APRIL 30, 2001 IS INCLUDED WITHIN
THE ANNUAL REPORT PREVIOUSLY MAILED TO SHAREHOLDERS. COPIES OF EXHIBITS FILED
WITH THE FORM 10-K ARE AVAILABLE UPON WRITTEN REQUEST UPON PAYMENT OF CHARGES
APPROXIMATING THE COMPANY&#146;S COST. REQUESTS SHOULD BE MADE IN WRITING TO FRANK
MADONIA, EXECUTIVE VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL, MILLER
INDUSTRIES, INC., 8503 HILLTOP DRIVE, OOLTEWAH, TENNESSEE 37363.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
</b>
  <p ALIGN="center">15</p>
<b>
<hr color="#000080">
<p ALIGN="center">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">MILLER INDUSTRIES, INC</font><i><font face="Times New Roman">.</font></p>
</i>
<p ALIGN="CENTER"><font face="Times New Roman">This Proxy is Solicited by the
Board of Directors for the Annual Meeting of<br>
Shareholders to be Held on
Friday, September 24, 2001</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">PROXY</font></p>
</b>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The undersigned shareholder of
Miller Industries, Inc. hereby constitutes and appoints William G. Miller and
Frank Madonia, or either of them, the true and lawful attorneys and proxies of
the undersigned with full power of substitution and appointment, for and in the
name, place and stead of the undersigned, to vote all of the undersigned's
shares of Common Stock of Miller Industries, Inc., at the Annual Meeting of the
Shareholders to be held at ___________________________, on Monday, the 24<sup>th</sup>
day of September, 2001, at _____ a.m., and at any and all adjournments thereof
as follows:</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<table border="0" width="100%">
  <tr>
    <td>
      <p ALIGN="JUSTIFY"><font face="Times New Roman">(1)</font></p>
    </td>
    <td>
      <p ALIGN="JUSTIFY"><font face="Times New Roman">/__/</font></p>
    </td>
    <td>
      <p ALIGN="JUSTIFY"><font face="Times New Roman">&nbsp;<b>FOR
      </b>all of the following nominees for director (except as marked to the
      contrary below):</font></p>
    </td>
  </tr>
  <tr>
    <td></td>
    <td></td>
    <td><font face="Times New Roman">NOMINEES: Jeffrey I.
      Badgley, A. Russell Chandler, III, Paul E. Drack, William G. Miller and
      Richard H. Roberts.</font></td>
  </tr>
  <tr>
    <td></td>
    <td><font face="Times New Roman">/__/</font></td>
    <td><font face="Times New Roman">&nbsp; <b>WITHHOLD
      AUTHORITY</b> to vote for all nominees listed.</font></td>
  </tr>
  <tr>
    <td></td>
    <td></td>
    <td><font face="Times New Roman" SIZE="2">(Instruction: To withhold
      authority to vote for any individual nominee, write that nominee's name in
      the space provided below.)</font></td>
  </tr>
</TABLE>
      <p ALIGN="JUSTIFY">&nbsp;</p>
<blockquote>
  <blockquote>
    <blockquote>
      <p ALIGN="CENTER"><font face="Times New Roman">_______________________________________<br>
      _______________________________________<br>
      _______________________________________<br>
      _______________________________________<br>
      _______________________________________</font></p>
    </blockquote>
  </blockquote>
</blockquote>
      <p ALIGN="JUSTIFY">&nbsp;</p>
<table border="0" width="100%">
  <tr>
    <td valign="top">
      <p ALIGN="JUSTIFY"><font face="Times New Roman">(2)</font></p>
    </td>
    <td>
      <p ALIGN="JUSTIFY"></p>
    </td>
    <td>
      <p ALIGN="JUSTIFY"><font face="Times New Roman">&nbsp;Proposal to amend the
    Company&#146;s Charter to effect a one-for-ten reverse split of all issued and
    outstanding shares of the Company&#146;s Common Stock.</font></p>
    </td>
  </tr>
  <tr>
    <td valign="top"></td>
    <td></td>
    <td>
<font SIZE="2">
<p ALIGN="JUSTIFY"><font face="Times New Roman"><b>/__/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FOR&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/__/&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</b> <b>AGAINST</b>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/__/&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><b><font face="Times New Roman">ABSTAIN</font></p>
</b>
</font>

      </td>
    </tr>
    <tr>
      <td valign="top"><font face="Times New Roman">(3)</font></td>
      <td></td>
      <td><font face="Times New Roman"> For the transaction of
    such other business as may lawfully come before the meeting, hereby revoking
    any proxies as to said shares heretofore given by the undersigned and
    ratifying and confirming all that said attorneys and proxies may lawfully do
    by virtue hereof.</font></td>
    </tr>
  </TABLE>
<p ALIGN="JUSTIFY">&nbsp;</p>
<b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">THE BOARD OF DIRECTORS FAVORS A
VOTE &quot;FOR&quot; EACH OF THE NOMINEES LISTED ABOVE AND UNLESS INSTRUCTIONS
TO THE CONTRARY ARE INDICATED IN THE SPACE PROVIDED, THE PROXY WILL BE SO VOTED.</font></p>
</b>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">It is understood that this proxy
confers discretionary authority in respect to matters not known or determined at
the time of the mailing of the notice of the meeting to the undersigned.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
  <hr color="#000080">
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The undersigned hereby
acknowledges receipt of the Notice of Annual Meeting of Shareholders dated
August 20, 2001 and the Proxy Statement furnished therewith.</font></p>
<p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY">&nbsp;</p>
  <table border="0" width="685">
    <tr>
      <td width="301">
                        <p ALIGN="JUSTIFY"></p>
      </td>
      <td width="370">
                        <p ALIGN="JUSTIFY"><font face="Times New Roman">Dated
                        and signed ____ ____________________, 2001<br>
                        </font></p>
      </td>
    </tr>
    <tr>
      <td width="301">
                        <p ALIGN="JUSTIFY"></p>
      </td>
      <td width="370">
                        <p ALIGN="JUSTIFY"><font face="Times New Roman">____________________________________________<br>
                        </font></p>
      </td>
    </tr>
    <tr>
      <td width="301">
                        <p ALIGN="JUSTIFY"></p>
      </td>
      <td width="370">
                        <p ALIGN="JUSTIFY"><font face="Times New Roman">____________________________________________<br>
                        </font></p>
      </td>
    </tr>
    <tr>
      <td width="301">
                        <p ALIGN="JUSTIFY"></p>
      </td>
      <td width="370">
                        <p ALIGN="JUSTIFY"><font face="Times New Roman">(Signature
                        should agree with the name(s) hereon. Executors,
                        administrators, trustees, guardians and attorneys should
                        so indicate when signing. For joint accounts each owner
                        should sign. Corporations should sign their full
                        corporate name by a duly authorized officer.)</font></p>
      </td>
    </tr>
  </TABLE>
                        <p ALIGN="JUSTIFY">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">This proxy is revocable at or at
any time prior to the meeting. Please sign and return this proxy to SunTrust
Bank, Atlanta, P.O. Box 105649, Atlanta, Georgia 30348-9923, in the accompanying
prepaid envelope.</font></p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
  <hr color="#000080" size="7">
<p ALIGN="JUSTIFY" style="text-indent: 0">&nbsp;</p>
<b><u>
<p ALIGN="CENTER"><font face="Times New Roman">ANNEX A</font></p>
</u></b>
<b>
<p ALIGN="CENTER"><font face="Times New Roman">Miller Industries, Inc.</font></p>
<p ALIGN="CENTER"><font face="Times New Roman">Amended and Restated Audit
Committee Charter</font></p>
</b>
<p ALIGN="LEFT">&nbsp;</p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">I.</font><i><font face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purpose</font></p>
</i></b>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The primary function of the Audit
Committee is to assist the Board of Directors in fulfilling its financial and
other oversight responsibilities by:</font></p>
<p ALIGN="LEFT">&nbsp;</p>
<ul>
  <li><font face="Times New Roman">Serving as an independent and objective party
    to monitor the Company&#146;s financial statements, financial reporting process
    and internal control system.<br>
    </font></li>
  <li><font face="Times New Roman">Reviewing and appraising the Company&#146;s
    outside auditors and internal financial management.<br>
    </font></li>
  <li><font face="Times New Roman">Providing an open avenue of communication
    among the Company&#146;s outside auditors, management, including internal
    financial management, and the Board.</font></li>
</ul>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The Audit Committee will further
carry out its purpose by engaging in the activities enumerated in Section IV of
this Charter.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">II.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Membership
Requirements</font></p>
</i></b>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">Members of the Audit Committee
shall meet the following qualifications, or such other qualifications as may be
imposed from time to time by the Board, by law or by the listing requirements of
any stock exchange or automated quotation system upon which a security of the
Company may be traded or quoted.</font></p>
<b><i>
</i></b>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">(A)<i>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</i></font><i><font face="Times New Roman">Independence</font></p>
</i>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The Audit Committee shall be
comprised of three or more directors as determined by the Board. Except as
provided below, all members of the Audit Committee shall be free of any
relationship to the Company that may interfere with the exercise their
independence from management and the Company.</font></p>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">In addition to the general
requirement of independence described above, the following restrictions shall
apply to the members of the Audit Committee:</font></p>
<blockquote>
    <p ALIGN="LEFT"><font face="Times New Roman">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Employees</u>. A
    director who is an employee (including a non-employee executive officer) of
    the Company or any of its affiliates may not serve on the Audit Committee
    until three years following the termination of his or her employment.</font></p>
    <p ALIGN="LEFT"><font face="Times New Roman">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Business Relationship</u>.
    A director (a) who is a partner, controlling stockholder, or executive
    officer of an organization that has a business relationship with the
    Company, or (b) who has a direct business relationship with the Company may
    serve on the Audit Committee only if the Board determines in its business
    judgment that the relationship does not interfere with the director&#146;s
    exercise of independent judgment. In making a determination regarding the
    independence of a director pursuant to this paragraph, the Board will
    consider, among other things, the materiality of the relationship to the
    Company, to the director, and, if applicable, to the organization with which
    the director is affiliated.</font></p>
    <p ALIGN="LEFT"><font face="Times New Roman">A &quot;business
    relationship&quot; can include commercial, industrial, banking, consulting,
    legal, accounting and other relationships. A director can have this
    relationship directly with the Company, or the director can be a partner,
    officer or employee of an organization that has such a relationship. The
    director may serve on the Audit Committee without the above-referenced Board
    determination after three years following the termination of, as applicable,
    either (x) the relationship between the organization with which the director
    is affiliated and the Company, (y) the relationship between the director and
    his or her partnership status, stockholder interest or executive officer
    position or (z) the direct business relationship between the director and
    the Company.</font></p>
</blockquote>
    <p ALIGN="LEFT">&nbsp;</p>
    <p ALIGN="center">A-1</p>
  <hr color="#000080">
    <p ALIGN="center">&nbsp;</p>
<blockquote>
    <p ALIGN="LEFT"><font face="Times New Roman">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Cross Compensation
    Committee Link</u>. A director who is employed as an executive of another
    corporation where any of the Company&#146;s executives serves on that
    corporation&#146;s compensation committee may not serve on the Audit Committee.</font></p>
    <p ALIGN="LEFT"><font face="Times New Roman">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Immediate Family</u>. A
    director who is a spouse, parent, child, sibling, mother-in-law,
    father-in-law, brother-in-law, sister-in-law, son-in-law, daughter-in-law or
    who shares the home of an individual who is an executive officer of the
    Company or any of its affiliates cannot serve on the Audit Committee until
    three years following the termination of such employment relationship.</font></p>
</blockquote>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">Notwithstanding the preceding
limitations, one director who is no longer an employee or who is an immediate
family member of a former executive officer of the Company or its affiliates,
but is not considered independent pursuant to these provisions due to the
three-year restriction period, may be appointed, under exceptional and limited
circumstances, to the Audit Committee if the Board determines in its business
judgment that membership on the Audit Committee by the individual is required by
the best interests of the Company and its stockholders. This exception shall not
apply to persons disqualified for any other reason described above.</font></p>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Financial
Literacy</font></p>
</i>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">Each member of the Audit Committee
shall be financially literate, or must become financially literate within a
reasonable period of time after his or her appointment to the Audit Committee;
and at least one member of the Audit Committee must have accounting or related
financial management expertise.</font></p>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Election,
Removal and Replacement</font></p>
</i>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The members of the Audit Committee
shall be elected by the Board. Unless a Chair is elected by the full Board, the
members of the Audit Committee may designate a Chair.</font></p>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">In the event a director becomes
disqualified from membership on the Audit Committee, such director shall be
removed as soon as practicable from service on the Audit Committee by the Board.
In the event the removal, resignation, retirement, death or other termination of
a director from service on the Audit Committee results in the Audit Committee
comprising less than three members, the Board shall elect a new qualified
director to the Audit Committee as soon as practicable. If such election to the
Audit Committee requires the election by the shareholders of the Company or the
directors of new director to the Board, the Company and the Board may consult
with any stock exchange or automated quotation system upon which a security of
the Company may be traded or quoted.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">III.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Meetings
and Governance</font></p>
</i></b>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The Audit Committee shall meet at
least annually in connection with the Company&#146;s annual audit, or more
frequently as circumstances dictate. In addition, the Audit Committee or its
Chair shall meet to review the Company&#146;s quarterly or other interim financial
statements, as appropriate. Such meetings may be held in or out of the presence
of the Company&#146;s management, outside auditors or both, as appropriate. Other
governance matters not addressed herein shall be governed by the Company&#146;s
articles of incorporation or bylaws.</font></p>
<b>
<p ALIGN="LEFT"><font face="Times New Roman">IV.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Duties,
Responsibilities and Activities</font></p>
</i></b>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">To fulfill its purpose, the Audit
Committee has the following duties and responsibilities and shall engage in the
following activities:</font></p>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Review
of Charter and Financial Statements and Reports</font></p>
</i>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The Audit Committee shall review
the Company&#146;s financial statements, reports and other financial information,
in conjunction with the Company&#146;s internal financial management and outside
auditors, as appropriate. Such review shall include candid discussions of the
quality&#151;not merely the acceptability&#151;of the Company&#146;s accounting
principles as applied in its financial reporting. Reviews shall occur prior to
dissemination of the statement, report or other document to a third party or the
public. Without limitation, the Audit Committee shall review:</font></p>
<p ALIGN="LEFT">&nbsp;</p>
<p ALIGN="center">A-2</p>
<hr color="#000080">
<p ALIGN="LEFT">&nbsp;</p>
<ul>
  <ul type=disc>
    <li><font face="Times New Roman">The annual financial statements and any
      reports or other financial information, including any certification,
      report, opinion, or review rendered by the outside auditors.<br>
      </font></li>
  </ul>
  <ul type=disc>
    <li><font face="Times New Roman">Any quarterly or other interim financial
      statements and any reports or other financial information, including any
      certification, report, opinion, or review rendered by the outside
      auditors. The Chair of the Audit Committee may represent the entire Audit
      Committee for purposes of this review.<br>
      </font></li>
  </ul>
  <ul type=disc>
    <li><font face="Times New Roman">This Charter on an annual basis, or more
      frequently as circumstances dictate.<br>
      </font></li>
  </ul>
  <ul type=disc>
    <li><font face="Times New Roman">As circumstances dictate and as deemed
      necessary or advisable from time to time, any material internal financial
      reports to management prepared by internal financial management.<br>
      </font></li>
  </ul>
  <ul type=disc>
    <li><font face="Times New Roman">As circumstances dictate and as deemed
      necessary or advisable from time to time, any financial statements and any
      reports or other financial information, including any certification,
      report, opinion, or review by accountants, of the Company&#146;s franchisees.</font></li>
  </ul>
</ul>
    <p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">(B)</font><i><font face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Relationship with Outside Auditors</font></p>
</i>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The Audit Committee&#146;s and the
Board&#146;s relationship with the Company&#146;s outside auditors shall governed by
the following principles:</font></p>
<ul>
  <ul type=disc>
    <li><font face="Times New Roman">The Company&#146;s outside auditors are
      ultimately accountable to the Audit Committee and the Board.<br>
      </font></li>
  </ul>
  <ul type=disc>
    <li><font face="Times New Roman">The Audit Committee and the Board are
      ultimately responsible for selecting, evaluating and, where appropriate,
      replacing the Company&#146;s outside auditors, and, where deemed desirable,
      submitting such actions to the shareholders of the Company for
      ratification or approval.<br>
      </font></li>
  </ul>
  <ul type=disc>
    <li><font face="Times New Roman">The Audit Committee is responsible for
      ensuring receipt from the outside auditors of a formal written statement
      delineating all relationships between the outside auditors and the
      Company. The Audit Committee is responsible for actively engaging in a
      dialogue with the outside auditors with respect to any disclosed
      relationships or services that may impact the objectivity and independence
      of the outside auditors. The Audit Committee is further responsible for
      taking, or recommending that the Board take, appropriate action in
      response to the outside auditor&#146;s report to satisfy itself of the
      outside auditors&#146; independence.</font></li>
  </ul>
</ul>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Relationship
with Company and Internal Financial Management</font></p>
<p ALIGN="LEFT" style="text-indent: 45"></i><font face="Times New Roman">The Audit Committee&#146;s and the
Board&#146;s relationship with the Company&#146;s management, including its internal
financial management, shall governed by the following principles:</font></p>
<i>
<ul>
  <ul type=disc>
  </i>
  <li><font face="Times New Roman">The Audit Committee is responsible for
    reviewing the integrity of the Company&#146;s financial reporting process, both
    internal and external.<br>
    </font></li>
</ul>
  <ul type=disc>
    <li><font face="Times New Roman">The Audit Committee is responsible for
      reviewing the quality and appropriateness of the Company&#146;s accounting
      principles as applied in its financial reporting.<br>
      </font></li>
  </ul>
  <ul type=disc>
    <li><font face="Times New Roman">The Audit Committee is responsible for
      considering and approving, if appropriate, major changes to the Company&#146;s
      auditing and accounting principles and practices as suggested by the
      outside auditors or management, including internal financial management.</font></li>
  </ul>
</ul>
<p ALIGN="LEFT">&nbsp;</p>
<font SIZE="2">
<p ALIGN="center">A-</p>
<hr color="#000080">
<p ALIGN="LEFT">&nbsp;</p>
</font>

<p ALIGN="LEFT">&nbsp;</p>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Audit
Committee Report</font></p>
</i>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The Audit Committee shall prepare
an Audit Committee Report annually in connection with the Company&#146;s annual
audit. The Report shall address such matters as deemed appropriate by the Audit
Committee, but shall state whether the Audit Committee:</font></p>
<ul>
  <ul type=disc>
    <li><font face="Times New Roman">Reviewed and discussed the Company&#146;s
      audited financial statements with management.<br>
      </font></li>
    <li><font face="Times New Roman">Discussed with the outside auditors such
      qualitative matters concerning the Company&#146;s accounting principles as
      applied in its financial reporting as are appropriate.<br>
      </font></li>
    <li><font face="Times New Roman">Received from the outside auditors a formal
      written statement delineating all relationships between the outside
      auditors and the Company.<br>
      </font></li>
    <li><font face="Times New Roman">Recommends to the Board that the Company&#146;s
      audited financial statements be included in the Company&#146;s public filings
      or other publicly available reports.</font></li>
  </ul>
</ul>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The names of the members of the
Audit Committee shall appear at the end of the Report.</font></p>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font face="Times New Roman">Other
Activities</font></p>
</i>
<p ALIGN="LEFT" style="text-indent: 45"><font face="Times New Roman">The Audit Committee may perform
such activities from time to time, as the Board deems appropriate. Without
limitation, such activities may be assigned to the Audit Committee because of
the independence of its members.</font></p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<font SIZE="2">
<p ALIGN="center">A-4</p>
<hr color="#000080">
<p ALIGN="LEFT">&nbsp;</p>
</font>

<p ALIGN="CENTER">&nbsp;</p>
<b><u>
<p ALIGN="CENTER"><font face="Times New Roman">ANNEX B</font></p>
</u></b>
<p ALIGN="CENTER">&nbsp;</p>
<b>
<p ALIGN="CENTER"><font face="Times New Roman">Articles of Amendment<br>
Of<br>
Miller Industries, Inc.</font></p>
</b>
<p ALIGN="LEFT">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">1.</font></p>
<blockquote>
<p ALIGN="LEFT"><font face="Times New Roman">The name of the corporation is
Miller Industries, Inc.</font></p>
</blockquote>
<p ALIGN="CENTER"><font face="Times New Roman">2.</font></p>
<blockquote>
<p ALIGN="LEFT"><font face="Times New Roman">Article Eight of the Charter of the
Corporation is hereby amended as follows:</font></p>
    <p ALIGN="LEFT"><font face="Times New Roman">By adding as a second sentence
    to the first paragraph of Article Eight, the following:</font></p>
  <blockquote>
    <blockquote>
        <p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">Simultaneously with the
        effective date of these Articles of Amendment (the &quot;Effective
        Date&quot;) all issued and outstanding shares of Common Stock
        (&quot;Existing Common Stock&quot;) shall be and hereby are
        automatically combined and reclassified (the &quot;Reverse Split&quot;)
        as follows: each ten (10) shares of Existing Common Stock shall be
        combined and reclassified (the &quot;Reverse Split&quot;) as one share
        of issued and outstanding Common Stock (&quot;New Common Stock&quot;).
        The Corporation shall not issue fractional shares on account of the
        Reverse Split. Instead, the Corporation will redeem any fractional share
        which results from the reverse stock split at a price per share equal to
        the closing sale price of the Common Stock on the trading day
        immediately preceding the effective date of the reverse split, as
        reported on the New York Stock Exchange.</font></p>
        <p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">The Corporation shall,
        through its transfer agent, provide certificates representing New Common
        Stock to holders of Existing Common Stock in exchange for certificates
        representing Existing Common Stock. From and after the Effective Date,
        certificates representing shares of Existing Common Stock are hereby
        canceled and shall represent only the right of holders thereof to
        receive New Common Stock.</font></p>
        <p ALIGN="JUSTIFY" style="text-indent: 60"><font face="Times New Roman">From and after the
        Effective Date, the term &quot;New Common Stock&quot; as used in this
        Article Four shall mean Common Stock as provided in the Certificate of
        Incorporation.</font></p>
    </blockquote>
  </blockquote>
</blockquote>
        <p ALIGN="LEFT">&nbsp;</p>
        <p ALIGN="LEFT">&nbsp;</p>
<p ALIGN="CENTER"><font face="Times New Roman">3.</font></p>
<blockquote>
<p ALIGN="JUSTIFY"><font face="Times New Roman">The foregoing amendment to the
Charter was duly adopted by the shareholders of the Corporation on September 24,
2001.</font></p>
</blockquote>
</font>

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