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<SEC-DOCUMENT>0001107049-03-000265.txt : 20030522
<SEC-HEADER>0001107049-03-000265.hdr.sgml : 20030522
<ACCEPTANCE-DATETIME>20030522172946
ACCESSION NUMBER:		0001107049-03-000265
CONFORMED SUBMISSION TYPE:	10-K
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20021231
FILED AS OF DATE:		20030522

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:			1231

	FILING VALUES:
		FORM TYPE:		10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14124
		FILM NUMBER:		03716903

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

	MAIL ADDRESS:	
		STREET 1:		8503 HILLTOP DR
		STREET 2:		STE 100
		CITY:			OOLTEWAH
		STATE:			TN
		ZIP:			37363
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K
<SEQUENCE>1
<FILENAME>miller2002_10k.htm
<DESCRIPTION>FORM 10-K
<TEXT>
<html>
<head><meta content="text/html; charset=iso-8859-1">
<title>Miller Industries, Inc. Form 10-K</title>
</head>

<body >
<p align="left">
<b><a href="#EWTOC"><font size="1">Table of
Contents</font></a></b><p align="center">
<b><font size="2">SECURITIES AND EXCHANGE COMMISSION</font></b><font size="2"><br>Washington, D.C.
20549</font></p align="center">
<p align="center">
<b><font size="2">FORM 10-K</font></b><p align="center">
<b><font size="2">/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF</font></b><font size="2"><br>
</font><b><font size="2">THE SECURITIES
EXCHANGE ACT OF 1934.</font></b><p align="center">
<font size="2">For the fiscal year ended December 31, 2002</font></p><p align="center">
<font size="2">Commission File No. 0-24298</font></p><p align="center">
<b><font size="2">MILLER INDUSTRIES, INC.</font></b><font size="2"><br></font><i>
<font size="2">(Exact name of Registrant as specified in
its charter)</font></i><p align="center">
<b><u><font size="2">Tennessee</font></u></b><font size="2"><br></font><i>
<font size="2">(State or other jurisdiction of incorporation or
organization)</font></i><p align="center">
<b><u><font size="2">62-1566286</font></u></b><font size="2"><br></font><i>
<font size="2">(I.R.S. Employer Identification
No.)</font></i><p align="center">
<b><u><font size="2">8503 Hilltop Drive, Ooltewah, Tennessee  37363</font></u></b><font size="2"><br>
</font><i><font size="2">(Address of
principal executive offices)  &nbsp;(Zip Code)</font></i><p align="center">
<font size="2">Registrant&#8217;s telephone number, including area code:  (423) 238-4171</font></p><p>
<font size="2">Securities registered pursuant to Section 12(b) of the Act:  <u>Common Stock,
Par Value $0.01 Per Share</u>.</font></p><p>
<font size="2">Name of each exchange on which registered:  <u>New York Stock Exchange</u>.</font></p><p>
<font size="2">Securities registered pursuant to Section 12(g) of the Act:  <u>None</u>.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the Registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.  <br>
Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face="Wingdings" size="2">&#254;</font><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No </font><font face="Wingdings" size="2">&#168;</font><font size="2">.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate by check mark if disclosure of delinquent
filers pursuant to Item 405 of Regulation S-K is not contained herein and will
not be contained, to the best of Registrant&#146;s knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10K. </font><font face="Wingdings" size="2">&#168;</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate by check mark whether the registrant is an accelerated filer (as
defined in Exchange Act Rule 12b-2).<br>
Yes&nbsp;&nbsp;  </font><font face="Wingdings" size="2">&#168;</font><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;No </font><font face="Wingdings" size="2">&#254;</font><font size="2">.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The aggregate market value of the voting stock for
non-affiliates (which for purposes hereof are all holders other than executive
officers and directors) of the Registrant as of June 28, 2002 is $28,482,597
(based on 7,636,085 shares held by non-affiliates at $3.73 per share, the last
sale price on the NYSE on June 28, 2002).</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At March 14, 2003 there were 9,341,436 shares of Common Stock, par value $0.01
per share, outstanding.</font></p><p>
&nbsp;<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p>
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p align="center">
<img border="0" src="millerlogo.gif" width="156" height="54"><p align="center">
<a name="EWTOC"><font size="2"></font></a><b><font size="2">TABLE OF CONTENTS<br>
FORM 10-K ANNUAL REPORT</font></b><p align="center">
<b><font size="2">PART I</font></b></p>
<div align="center">
  <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111">
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><a href="#ITEM 1.">ITEM 1.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" >
<p>
<font size="2">BUSINESS</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" >
<font size="2">
&nbsp;1</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<p>
<font size="2"><a href="#ITEM 2.">ITEM 2.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">PROPERTIES</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;14</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><a href="#ITEM 3.">ITEM 3.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" >
<p>
<font size="2">LEGAL PROCEEDINGS</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" >
<font size="2">
&nbsp;14</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<p>
<font size="2"><a href="#ITEM 4.">ITEM 4.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;15</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="center">
<b><font size="2">PART II</font></b></p align="center">
</td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><a href="#ITEM 5.">ITEM 5.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" >
<p>
<font size="2">MARKET FOR THE REGISTRANT&#8217;S COMMON EQUITY AND</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" >
<font size="2">
&nbsp;15</font></td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">RELATED STOCKHOLDER MATTERS</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><a href="#ITEM 6.">ITEM 6.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" >
<p>
<font size="2">SELECTED FINANCIAL DATA</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" >
<font size="2">
&nbsp;15</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<p>
<font size="2"><a href="#ITEM 7.">ITEM 7.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS OF FINANCIAL</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;17</font></td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" >
<p>
<font size="2">CONDITION AND RESULTS OF OPERATIONS</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<p>
<font size="2"><a href="#ITEM 8.">ITEM 8.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;30</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><a href="#ITEM 9.">ITEM 9.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" >
<p>
<font size="2">CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" >
<font size="2">
&nbsp;30</font></td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">ACCOUNTING AND FINANCIAL DISCLOSURE</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="center">
<b><font size="2">PART III</font></b></p align="center">
</td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><a href="#ITEM 10.">ITEM 10.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" >
<p>
<font size="2">DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" >
<font size="2">
&nbsp;30</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637.333174" colspan="3" rowspan="1" >
<p>
<font size="2"><a href="#ITEM 11.">ITEM 11.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="34.666658" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="546.666530" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">EXECUTIVE COMPENSATION</font></p>
</td>
<td width="54.666653" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;32</font></td>
</tr>
</table></div>

<p align="center"><font face="Times New Roman" size="2">i<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p>
<font size="2">
&nbsp;</font><a href="#EWTOC"><font size="1">Table of
Contents</font></a></p>
<div align="center">
  <center>
  <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111" width="658">
<tr valign="top">
<td width="658" colspan="4" rowspan="1" >
<p>
<font size="2"><a href="#ITEM 12.">ITEM 12.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="29" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="473" rowspan="1" bgcolor=#FFF3CE>
<p align="left">
<font size="2">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS</font></p>
</td>
<td width="90" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="66" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;36</font></td>
</tr>
<tr valign="top">
<td width="29" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="563" colspan="2" rowspan="1" >
<p align="left">
<font size="2">AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS</font></p>
</td>
<td width="66" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" >
<p>
<font size="2"><a href="#ITEM 13.">ITEM 13.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="29" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="563" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="left">
<font size="2">CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS</font></p>
</td>
<td width="66" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;38</font></td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><a href="#ITEM 14.">ITEM 14.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="29" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="563" colspan="2" rowspan="1" >
<p align="left">
<font size="2">CONTROLS AND PROCEDURES</font></p>
</td>
<td width="66" colspan="1" rowspan="1" >
<font size="2">
&nbsp;38</font></td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" >
<p align="center">
<b><font size="2">PART IV</font></b></p align="center">
</td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" >
<p>
<font size="2"><a href="#ITEM 15.">ITEM 15.</a></font></p>
</td>
</tr>
<tr valign="top">
<td width="29" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
<td width="563" colspan="2" bgcolor=#FFF3CE align="left">
<p>
<font size="2">EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS</font></p>
</td>
<td width="66" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;39</font></td>
</tr>
<tr valign="top">
<td width="29" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="563" colspan="2" align="left" >
<p>
<font size="2">ON FORM 8-K</font></p>
</td>
<td width="66" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td colspan="3">
<font size="2"><a href="#Financial Statements">FINANCIAL STATEMENTS</a></font></td>
<td rowspan="1" >
<p align="left">
<font size="2">F-1</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td colspan="3">
<p align="left">
<font size="2"><a href="#SCHEDULE">FINANCIAL STATEMENT SCHEDULE</a></font></td>
<td rowspan="1" >
<p align="left">
<font size="2">S-1</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="658" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td colspan="3">
<font size="2"><a href="#SIGNATURES">SIGNATURES</a></font></td>
<td rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
</table></center>
</div>

<p align="center"><font face="Times New Roman" size="2">ii<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
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<b><font size="2">PART I</font></b></p>
<h1>
<font size="2"><b><a name="ITEM 1.">ITEM 1.</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BUSINESS</b></font></h1>
<p>
<b><font size="2">GENERAL</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Miller
Industries, Inc. (the &#8220;Company&#8221;) is the world&#8217;s leading
integrated provider of vehicle towing and recovery equipment, with executive
offices in Ooltewah, Tennessee and Atlanta, Georgia and manufacturing operations
in Tennessee, Pennsylvania, France and England.</font></P>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since
1990 the Company has developed or acquired several of the most well-recognized
brands in the towing and recovery equipment manufacturing industry.  The
Company&#8217;s strategy has been to diversify its line of products and increase
its market share in the industry through a combination of internal growth and
development and acquisitions of complementary businesses.</font></P><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
February 1997, the Company formed its towing services division, RoadOne.
RoadOne offered a broad range of towing and transportation services.  During the
fourth quarter of fiscal 2000, the Company announced plans to accelerate its
efforts to aggressively reduce expenses in the towing services segment at the
corporate level, as well as in the field.  The Company subsequently disposed of
assets and operations in a number of underperforming markets.  In October 2002,
the Company made the decision to sell all remaining towing services operations.
In addition, the Company has made the decision to sell its distribution group.
As a result of these decisions, both the towing services segment and the
distribution group have been classified as discontinued operations.</font></P><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
of March 31, 2003, the Company had sold or closed 100 Road One terminals and one
distributor location.  Fourteen terminals and eight distributors remain to be
sold.</font></p><p>
<b><font size="2">INCLUSION OF FORWARD-LOOKING STATEMENTS</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain
statements in this Annual Report, including but not limited to
&#8220;Management&#8217;s Discussion and Analysis of Financial Condition and
Results of Operations,&#8221; may be deemed to be forward-looking statements, as
defined in the Private Securities Litigation Reform Act of 1995.  Such
forward-looking statements are made based on management&#8217;s belief as well
as assumptions made by, and information currently available to, management
pursuant to &#8220;safe harbor&#8221; provisions of the Private Securities
Litigation Reform Act of 1995.  The Company&#8217;s actual results may differ
materially from the results anticipated in these forward-looking statements due
to, among other things, factors set forth below under the heading &#8220;Risk
Factors,&#8221; and in particular, the risks associated with the wind down of
the towing services segment and the risks associated with the terms of the
Company&#8217;s substantial indebtedness.  The Company cautions that such
factors are not exclusive.  The Company does not undertake to update any
forward-looking statement that may be made from time to time by, or on behalf
of, the Company.</font></P><p>
<b><font size="2">RISK FACTORS</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Short
Term Status of Junior Credit Facility.  </i>The Company&#8217;s credit
facilities include a subordinated secured facility (the &#8220;Junior Credit
Facility&#8221;) with an aggregate principal amount outstanding of $13.7 million
as of March 31, 2003.  The Junior Credit Facility matures on July 23, 2003 and
all outstanding principal and accrued interest under such facility becomes due
and payable on that date.  The Company does not expect cash flow from operations
to be sufficient to allow it to pay the principal and accrued interest on the July 23, 2003 due date and intends to seek
to extend the maturity date of and/or refinance the amount outstanding under the
Junior Credit Facility.  The Company has engaged in  preliminary discussions
with its senior and junior lenders regarding such extension and/or refinancing.
However, there can be no assurance that the Company will be able to extend the
maturity date or obtain such financing on terms favorable to the Company, if at
all.</font></p>
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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Company is unable to refinance the outstanding portion of the Junior Credit
Facility, the failure to pay such amounts when due would constitute an event of
default under both the Junior Credit Facility and the senior secured credit facility
(&#8220;Senior Credit Facility&#8221;) and have a material adverse impact on the
operations of the Company.  In the event of such a cross-default, the senior
lender agent would be entitled to prevent the junior lender agent from taking
any enforcement action against the Company, its subsidiaries or their respective
assets until the earlier of: (i) the date which is 120 days (subject to an
extension by the senior lender agent to 270 days) after the date upon which the
junior lender agent gives notice of enforcement to the senior lender agent; (ii)
the acceleration of the maturity of the obligations of the Company under the
Senior Credit Facility; and (iii) the commencement of any bankruptcy,
insolvency or similar proceeding against the Company or certain of its
subsidiaries.  The resulting event of default under the senior facility could
also result in the acceleration of the amount due under the Senior Credit Facility as
well as other remedies if not waived by the senior lenders.  If the Company is
not successful in its efforts to refinance or extend the maturity date of the
Junior Credit Facility, the Company might be required to seek bankruptcy court
or other protection from its creditors upon the expiration of any applicable
blockage period.</font></p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The lenders under the Junior Credit Facility
are to receive warrants to purchase shares of the Company&#8217;s Common Stock equal to up to 0.5% of the outstanding shares if the facility is not repaid by July 2002, and up to an additional 1.5% of the outstanding shares if the facility is not repaid by July 23, 2003.  Such issuances would be dilutive to the Company&#8217;s other shareholders.  On July 23, 2002, the Company issued 47,417 warrants for the purchase of common stock in conjunction with these related provisions.
</font>	<p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Risks
Associated with Substantial Indebtedness</font></i><font size="2">.  As of March 31, 2003 the
Company&#8217;s bank debt totaled approximately $55.7 million, including $42.0
under the Senior Credit Facility and $13.7 under the Junior Credit Facility.  As
a consequence of its level of indebtedness, a substantial portion of the
Company&#8217;s cash flow from operations as well as from asset sales must be
dedicated to debt service requirements.  The terms of the Company&#8217;s
outstanding indebtedness restrict the ability of the Company and its
subsidiaries to, among other things, incur additional indebtedness, pay
dividends or make certain other restricted payments or investments in certain
situations, consummate certain asset sales, enter into certain transactions with
affiliates, incur liens, or merge or consolidate with any other person or sell,
assign, transfer, lease, convey or otherwise dispose of all or substantially all
of their assets.  They also require the Company to meet certain financial tests
and comply with certain other reporting, affirmative and negative covenants.
The Company has experienced difficulties meeting these financial tests in the
past and may continue to do so in the future.&nbsp; In
addition, the substantial indebtedness of the Company may make it more
vulnerable to general adverse economic and industry conditions.  The
Company&#8217;s credit facilities are collateralized by liens on all of the
Company&#8217;s assets.  The liens give the lenders the right to foreclose on
the assets of the Company under certain defined events of default and such
foreclosure could allow the lenders to gain control of the operations of the
Company.</font></p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company&#8217;s independent auditors have included a &#8220;going concern&#8221; explanatory paragraph in their report
primarily as a result of the Junior Credit Facility maturing in 2003.  The inclusion of this paragraph in the auditor&#8217;s report could have a negative impact on the Company&#8217;s operations by causing vendors and others to be less willing to extend credit to the Company.
</font>

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<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company is currently in default under both the Senior and Junior Credit Facilities as a result of the &#8220;going concern&#8221; explanatory paragraph as well as the failure to file this Annual Report prior to April 30, 2003.  Additionally, the Company is in default of the EBITDA covenant under the Junior Credit Facility only for the first quarter of calendar 2003.  The Company is currently not pursuing a waiver of these defaults or an amendment to the Credit Facilities to cure these defaults.  The Company has had informal discussions with its creditors and believes based on these discussions that the creditors will not take action against the Company as a result of these defaults.  However, there can be no assurance that the creditors will not pursue action in the future as a result of these defaults or any other default under the Credit Facilities.&nbsp;</font></p>
<p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, the Senior Credit Facility requires that the RoadOne revolving commitment ($7.6 as of March 31, 2003) be repaid in full by March 31, 2004.  Management believes that the repayment schedule can be met by expected sales of the remaining RoadOne
operations over the course of 2003. However, there can be no assurance that such
sales will be closed or that they will generate sufficient proceeds to repay
such debt.</font></p>
<p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If the Company was to fail to comply with the requirements under
the Credit Facilities, such non-compliance would result in an event of default,
which if not waived by the lending groups would result in the acceleration of
the amounts due under the respective Credit Facility, as well as other remedies. Under these
circumstances the Company could be required to find alternative funding sources,
or to sell assets. There is no assurance that the Company would be able to
obtain any such refinancing or that it would be able to sell assets on terms
that are acceptable to the Company or at all. If the Company were to be
unsuccessful in its efforts to refinance the Credit Facility, the Company might
be required to seek bankruptcy court or other protection from its creditors. For
more information regarding the impact of the Company&#146;s substantial indebtedness
on the Company&#146;s liquidity, see &#147;Management&#146;s Discussion and Analysis of
Financial Conditions and Results of Operations - Liquidity and Capital
Resources,&#148; and Notes 2 and 8 to the Company&#146;s Consolidated Financial Statements
for the year ended December 31, 2002.
</font>	</p>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Risks
Involved with Wind Down of Towing Services Division.</i>  The Company is in the
process of selling all of its remaining towing services businesses in a
relatively short period of time.  The Company had substantially completed this
process by December 31, 2002 and intends to fully complete this process during
fiscal 2003, although there can be no assurance that this timetable can be met.
The Company expects net cash proceeds from these sales to RoadOne exceed the
RoadOne revolving commitment under the Senior  Credit Facility associated with the sold operations (approximately $7.6 at March 31, 2003),
as well as other associated liabilities.  In addition, almost all of these
businesses will continue to operate under new ownership and in general their
customary operating liabilities will be assumed by the new owners.  The Company
nevertheless will be subject to some continuing liabilities with respect to the
pre-sale operations of these businesses, including, for example, liabilities
related to litigation, certain trade payables, parent guarantees, workers
compensation and other insurance, surety bonds, and real estate.  It is possible
that the sale proceeds and the remaining assets of the towing services segment
will not be sufficient to satisfy such liabilities.  The Company may also be
subject to inefficiencies, management distractions, additional expenses and
uncertainties resulting from the rapid wind down of the infrastructure that was
developed to provide administrative support to over 100 towing service
locations.  Administrative services such as insurance and surety bond coverage
must be maintained for all remaining Company operations, but such services could
become more expensive and difficult to maintain as the size of the remaining
operations decreases.<b> </b> Although the Company believes that it can manage
the wind down effectively, there can be no assurance that such will be the case.  Even if the Company is able to manage the wind down
effectively, it may nevertheless have an adverse impact on the Company&#8217;s
operating results.</font></p><p align="center">
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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, the Company has experienced difficulty in maintaining its insurance
and surety bond coverage primarily as a result of disruption in these markets
resulting from the events of September 11, 2001, general economic conditions and
the Company&#8217;s operating results.  Prospective purchasers of towing
services businesses have also experienced these difficulties, which could have
an adverse impact on the ability of such purchasers to effect business
acquisitions at prices satisfactory to the Company.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="2"><i>Risks
Of Entering New Lines Of Business.</i>  Historically, the Company&#8217;s
expertise has been in the manufacture of towing and recovery equipment and the
Company had no prior operating experience in other lines of business.  Commencing during fiscal 1997, the Company entered three new lines of
business through the acquisition of towing and recovery equipment distributors
and towing services companies, and the establishment of the Company&#8217;s
Financial Services Group.  The Company&#8217;s operation of these businesses has
been subject to all of the risks inherent in the establishment of a new business
enterprise.  Such acquisitions present the additional risk that newly-acquired
businesses could be viewed as being in competition with other customers of the
Company.  Although the new businesses are closely related to the Company&#8217;s
towing and recovery equipment manufacturing business, the Company has
experienced difficulties and unexpected expenses establishing and operating
these new businesses, and may continue to experience such difficulties and
expenses as it winds down the towing services segment and the distribution
group.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Cyclical
Nature Of Industry, General Economic Conditions And Weather.</i>  The towing and
recovery industry is cyclical in nature and has been affected historically by
high interest rates, insurance costs, and economic conditions in general.
Accordingly, a downturn in the economy could have a material adverse effect on
the Company&#8217;s operations, as has been the case during the current general
economic downturn.  The industry is also influenced by consumer confidence and
general credit availability, and by weather conditions, none of which is within
the control of the Company.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="2"><i>Fluctuations
In Price And Supply Of Materials And Component Parts.</i>  The Company is
dependent upon outside suppliers for its raw material needs and other purchased
component parts and, therefore, is subject to price increases and delays in
receiving supplies of such materials and component parts.  There can be no
assurance that the Company will be able to pass any price increase on to its
customers.  Although the Company believes that sources of its materials and
component parts will continue to be adequate to meet its requirements and that
alternative sources are available, events beyond the Company&#8217;s control
could have an adverse effect on the cost or availability of such materials and
component parts.  Additionally, demand for the Company&#8217;s products could be
negatively affected by the unavailability of truck chassis, which are
manufactured by third parties and are typically purchased separately by the
Company&#8217;s distributors or by towing operators and are sometimes supplied
by the Company.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Competition.</i>
The towing and recovery equipment manufacturing industry is highly competitive.
Competition for sales exists at both the distributor and towing-operator levels
and is based primarily on product quality and innovation, reputation,
technology, customer service, product availability and price.  In addition,
sales of the Company&#8217;s products are affected by the market for used towing
and recovery equipment.  Certain of the Company&#8217;s competitors may have
substantially greater financial and other resources and may provide more
attractive dealer and retail customer financing alternatives than the Company.
The Company may also face significant competition from large competitors as it
enters other new lines of business, including  financial services.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Dependence
On Proprietary Technology.</i> Historically, the Company has been able to
develop or acquire patented and other proprietary product innovations which have
allowed it to produce what management believes to be technologically advanced
products relative to most of its competition. Certain of the Company&#146;s patents
expire in 2004 at which time the Company may not have a continuing competitive
advantage through proprietary products and technology. In addition, pursuant to
the terms of a consent judgment entered into in 2000 with the Antitrust Division
of the U.S. Department of Justice, the Company is required to offer
non-exclusive royalty-bearing licenses to certain of the Company&#146;s key patents
to all wrecker and car carrier manufacturers.  The Company&#8217;s
historical market position has been a result, in part, of its continuous efforts
to develop new products.  The Company&#8217;s future success and ability to
maintain market share will depend, to an extent, on new product development.
</font></p>

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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Labor
Availability and Union Activity.</i>  The timely production of the
Company&#8217;s wreckers and car carriers requires an adequate supply of skilled
labor.  In addition, the operating costs of each manufacturing and towing
services facility can be adversely affected by high turnover in skilled
positions.  Accordingly, the Company&#8217;s ability to increase sales,
productivity and net earnings will be limited to a degree by its ability to
employ the skilled laborers necessary to meet the Company&#8217;s requirements.
There can be no assurance that the Company will be able to maintain an adequate
skilled labor force necessary to efficiently operate its facilities.  The United
Auto Workers Union filed a representation petition with the National Labor
Relations Board for the employees at the Company&#8217;s Ooltewah, Tennessee
manufacturing plant.  A vote was held on such union representation on April 11,
2002.  The employees of the Ooltewah manufacturing plant voted against joining
the United Auto Workers Union.  There can be no assurance that the employees at
the Ooltewah manufacturing plant or other Company employees may not choose to
become unionized in the future.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#8217;s Common Stock May be Delisted from The New York Stock Exchange if
the Company Does Not Maintain Certain Listing Standards. </font> </i>
<font size="2">To remain listed
on the New York Stock Exchange, the average closing price of the Company&#8217;s
stock must not drop below $1.00 per share for 30 days or more.  The
Company&#8217;s common stock price was below $1.00 per share for an extended
period during 2001 and the common stock was in danger of being delisted.  A
one-for-five reverse stock split was effected on October 1, 2001, and the price
of the common stock has not been below $2.10 since that time.  In addition, the
New York Stock Exchange requires a listed company to maintain shareholders
equity of at least $50.0 million (or a market capitalization of at least $50.0
million, which the Company has not achieved in&nbsp; over a year).  The Company&#8217;s shareholders equity as of
December 31, 2002 is $39.6 million.  As a result, the Company expects to receive
notice from the New York Stock Exchange that the Company is out of compliance
with the New York Stock Exchange&#8217;s continued listing standards.  The
Company will attempt to formulate a plan to regain compliance in accordance with
the New York Stock Exchange&#8217;s rules, but there can be no assurance that
the Company will be able to formulate a plan acceptable to the New York Stock
Exchange or comply with any such plan that may be formulated.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Company&#8217;s common stock were to be delisted from the New York Stock
Exchange, it is likely that the trading market for its common stock would be
substantially less active, and the ability of shareholders to buy and sell
shares of the Company&#8217;s common stock would be materially impaired. In
addition, the delisting of the Company&#8217;s stock could adversely affect the
Company&#8217;s ability to enter into future equity financing transactions.  In
the event that the Company&#8217;s stock is delisted from the New York Stock
Exchange, the Company would pursue listing on an alternative national securities
exchange or association.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Dependence
On Key Management.</i>  The success of the Company is highly dependent on the
continued services of the Company&#8217;s management team.  The loss of services
of one or more key members of the Company&#8217;s senior management team could have a material
adverse effect on the Company. </font>  <p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Automobile
And Product Liability Insurance.</i>  The Company is subject to various claims,
including automobile and product liability claims arising in the ordinary course
of business, and may at times be a party to various legal proceedings incidental
to the Company&#8217;s business.  The Company maintains reserves and liability
insurance coverage at levels based upon commercial norms and the Company&#8217;s
historical claims experience.  A successful product liability or other claim
brought against the Company in excess of its insurance coverage or the inability
of the Company to acquire insurance at commercially reasonable rates could have
a material adverse effect upon the Company&#8217;s business, operating results
and financial condition. </font>

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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Increased
Insurance and Fuel Costs.</i>  As a result of the events of September 11, 2001
and other general economic factors, the Company has experienced a substantial
increase in its insurance costs and has experienced fluctuations in fuel and
other transportation costs.  Its customers have also experienced reduced
availability of credit for purchasing equipment.  There can be no assurance that
these costs will not continue to increase for the Company.  Such increases have
had, and may continue to have, a material effect upon the Company&#8217;s
business and operating results.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Volatility
Of Market Price.</i>  From time to time, there may be significant volatility in
the market price for the Common Stock.  Quarterly operating results of the
Company, changes in earnings estimated by analysts, changes in general
conditions in the Company&#8217;s industry or the economy or the financial
markets or other developments affecting the Company could cause the market price
of the Common Stock to fluctuate substantially.  In addition, in recent years
the stock market has experienced significant price and volume fluctuations.
This volatility has had a significant effect on the market prices of securities
issued by many companies for reasons unrelated to their operating
performance.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Control
By Principal Shareholder.</i>  William G. Miller, the Chairman of the Company,
beneficially owns approximately 17.4% of the outstanding shares of Common Stock.
Accordingly, Mr. Miller has the ability to exert significant influence over the
business affairs of the Company, including the ability to influence the election
of directors and the result of voting on all matters requiring shareholder
approval.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Anti-Takeover
Provisions Of Charter And Bylaws; Preferred Stock.</i>  The Company&#8217;s
Charter and Bylaws contain restrictions that may discourage other persons from
attempting to acquire control of the Company, including, without limitation,
prohibitions on shareholder action by written consent and advance notice
requirements respecting amendments to certain provisions of the Company&#8217;s
Charter and Bylaws. In addition, the Company&#8217;s Charter authorizes the
issuance of up to 5,000,000 shares of preferred stock. The rights and
preferences for any series of preferred stock may be set by the Board of
Directors, in its sole discretion and without shareholder approval, and the
rights and preferences of any such preferred stock may be superior to those of
Common Stock and thus may adversely affect the rights of holders of Common
Stock.</font></p><p>
<b><font size="2">TOWING AND RECOVERY EQUIPMENT</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company offers a broad range of towing and recovery equipment products that meet
most customer design, capacity and cost requirements.  The Company manufactures
the bodies of wreckers and car carriers, which are installed on truck chassis
manufactured by third parties.  Wreckers generally are used to recover and tow
disabled vehicles and other equipment and range in type from the conventional
tow truck to large recovery vehicles with rotating hydraulic booms and 70-ton
lifting capacities.  Car carriers are specialized flat bed vehicles with
hydraulic tilt mechanisms that enable a towing operator to drive or winch a
vehicle onto the bed for transport.  Car carriers transport new or disabled
vehicles and other equipment and are particularly effective over longer
distances.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#8217;s products are sold primarily through independent distributors
that serve all 50 states, Canada and Mexico, and other foreign markets including
Europe, the Pacific Rim and the Middle East.  As a result of its ownership of
Jige in France and Boniface in the United Kingdom, the Company has substantial
distribution capabilities in Europe.  While most of the Company&#8217;s
distributor agreements do not contain exclusivity provisions, management
believes that approximately 65% of the Company&#8217;s independent distributors
sell the Company&#8217;s products on an exclusive basis.  In addition to selling
the Company&#8217;s products to towing operators, the distributors provide parts
and service.  The Company also has independent sales representatives that
exclusively market the Company&#8217;s products and provide expertise and sales
assistance to distributors.  Management believes the strength of the
Company&#8217;s distribution network and the breadth of its product offerings
are two key advantages over its competitors.</font></p><p align="center">
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<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Product
Line</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company manufactures a broad line of wrecker, car carrier and trailer bodies to
meet a full range of customer design, capacity and cost requirements. The
products are marketed under the Century, Vulcan, Challenger, Holmes, Champion,
Chevron, Eagle, Titan, Jige, and Boniface brand names.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wreckers.
</font>
</i><font size="2">Wreckers are generally used to recover and tow disabled vehicles and other
equipment and range in type from the conventional tow truck to large recovery
vehicles with 70-ton lifting capacities.  Wreckers are available with
specialized features, including underlifts, L-arms and scoops, which lift
disabled vehicles by the tires or front axle to minimize front end damage to the
towed vehicles.  Certain heavy duty wrecker models offer rotating booms, which
allow heavy duty wreckers to recover vehicles from any angle, and proprietary
remote control devices for operating wreckers.  In addition, certain light duty
wreckers are equipped with the patented &#8220;Express&#8221; automatic
wheellift hookup device that allow operators to engage a disabled or unattended
vehicle without leaving the cab of the wrecker.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#8217;s wreckers range in capacity from 8 to 70 tons, and are
characterized as light duty and heavy duty, with wreckers of 16-ton or greater
capacity being classified as heavy duty.  Light duty wreckers are used to remove
vehicles from accident scenes and vehicles illegally parked, abandoned or
disabled, and for general recovery.  Heavy duty wreckers are used in commercial
towing and recovery applications including overturned tractor trailers, buses,
motor homes and other vehicles.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Car
Carriers. </font>  </i><font size="2">Car carriers are specialized flat-bed vehicles with hydraulic
tilt mechanisms that enable a towing operator to drive or winch a vehicle onto
the bed for transport.  Car carriers are used to transport new or disabled
vehicles and other equipment and are particularly effective for transporting
vehicles or other equipment over longer distances.  In addition to transporting
vehicles, car carriers may also be used for other purposes, including
transportation of industrial equipment. In recent years, professional towing
operators have added car carriers to their fleets to complement their towing
capabilities.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Multi-Vehicle
Transport Trailers.  </i>Multi-vehicle transport trailers are specialized auto
transport trailers with upper and lower decks and hydraulic ramps for loading
vehicles. The trailers are used for moving multiple vehicles for auto auctions,
car dealerships, leasing companies, and other similar applications. The trailers
are easy to load with 6 to 7 vehicles, and with the optional cab rack, can haul
up to 8 vehicles.&nbsp; The vehicles can be secured to the transport quickly
with ratchet and chain tie-downs that are mounted throughout the frame of the
transport. In recent years, professional towing operators have added auto
transport trailers to their fleets to add to their towing capabilities.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brand
Names</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company manufactures and markets its wreckers, car carriers and trailers under
ten separate brand names.  Although certain of the brands overlap in terms of
features, prices and distributors, each brand has its own distinctive image and
customer base.</font></p><p align="center"><font face="Times New Roman" size="2">7<hr size="1" color="#000080" STYLE="page-break-after: always">
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<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Century</font></i><font size="2"><sup>&reg;</sup>.
The Century brand is the Company&#8217;s
&#8216;&#8216;top-of-the-line&#8217;&#8217; brand and represents what management
believes to be the broadest product line in the industry.  The Century line was
started in 1974 and produces wreckers ranging from the 8-ton light duty to the
70-ton heavy duty models and car carriers in lengths from 17&#189; to 26 feet.
Management believes that the Century brand has a reputation as the
industry&#8217;s leading product innovator.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vulcan<sup>&reg;</sup>.
</font>
</i><font size="2">The Company&#8217;s Vulcan product line includes a range of premium light
and heavy duty wreckers, car carriers and other towing and recovery equipment.
The Vulcan line is operated autonomously with its own independent distribution
network.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Challenger</font></i><font size="2"><sup>&reg;</sup><i>.
</i>The Company&#8217;s Challenger products compete with the Century and Vulcan
products and constitute a third premium product line.  Challenger products
consist of light to heavy duty wreckers with capacities ranging from 8 to 70
tons, and car carriers with lengths ranging from 17&#189; to 26 feet.  The
Challenger line was started in 1975 and is known for high performance heavy duty
wreckers and aesthetic design.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Holmes</font></i><font size="2"><sup>&reg;</sup>.
The Company&#8217;s Holmes product line includes mid-priced wreckers with 8 to
16 ton capacities and car carriers in 17&#189; to 21 foot lengths.  The Holmes
wrecker was first produced in 1916. The Holmes name has been the most
well-recognized and leading industry brand both domestically and internationally
through most of this century.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Champion</font></i><font size="2"><sup>&reg;</sup>.
The Champion brand, which was introduced in 1991, includes car carriers which
range in length from 17&#189; to 21 feet.  The Champion product line, which is
generally lower-priced, allows the Company to offer a full line of car carriers
at various competitive price points. In 1993, the Champion line was expanded to
include a line of economy tow trucks with integrated boom and underlift.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron</font></i><font size="2">&#8482;.
The Company&#8217;s Chevron product line is comprised primarily of premium car
carriers.  Chevron produces a range of premium single-car, multi-car and
industrial carriers, light duty wreckers and other towing and recovery
equipment.  The Chevron line is operated autonomously with its own independent
distribution network that focuses on the salvage industry.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eagle</font></i><font size="2"><sup>&reg;</sup>.
The Company&#8217;s Eagle products consist of light duty wreckers with the
&#8216;&#8216;Eagle Claw&#8217;&#8217; hook-up system that allows towing
operators to engage a disabled or unattended vehicle without leaving the cab of
the tow truck.  The &#8216;&#8216;Eagle Claw&#8217;&#8217; hook-up system, which
was patented in 1984, was originally developed for the repossession market.
Since acquiring Eagle, the Company has upgraded the quality and features of the
Eagle product line and expanded its recovery capability.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Titan</i>&#8482;.
The Company&#146;s Titan product line is comprised of premium multi-vehicle transport
trailers which can transport up to 8 vehicles depending on configuration. </font> <p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jige</font></i><font size="2">&#8482;<i>.
</i>The Company&#8217;s Jige product line is comprised of a broad line of light
and heavy duty wreckers and car carriers marketed primarily in Europe.  Jige is
a market leader best known for its innovative designs of car carriers and light
wreckers necessary to operate within the narrow confines of European cities.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boniface</font></i><font size="2">&#8482;<i>.</i>
The Company&#8217;s Boniface product line is comprised primarily of heavy duty
wreckers marketed primarily in Europe.  Boniface produces a wide range of heavy
duty wreckers specializing in the long underlift technology required to tow
modern European tour buses.</font></p><p align="center">
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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#8217;s Holmes and Century brand names are associated with four of the
major innovations in the industry: the rapid reverse winch, the tow sling, the
hydraulic lifting mechanism, and the underlift with parallel linkage and L-arms.
The Company&#8217;s engineering staff, in consultation with manufacturing
personnel, uses computer-aided design and stress analysis systems to test new
product designs and to integrate various product improvements. In addition to
offering product innovations, the Company focuses on developing or licensing new
technology for its products.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manufacturing
Process</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company manufactures wreckers, car carriers and trailers at six manufacturing
facilities located in the United States, France and England.  The manufacturing
process for the Company&#8217;s products consists primarily of cutting and
bending sheet steel or aluminum into parts that are welded together to form the
wrecker, car carrier body or trailer.  Components such as hydraulic cylinders,
winches, valves and pumps, which are purchased by the Company from third-party
suppliers, are then attached to the frame to form the completed wrecker or car
carrier body.  The completed body is either installed by the Company or shipped
by common carrier to a distributor where it is then installed on a truck
chassis.  Generally, the wrecker or car carrier bodies are painted by the
Company with a primer coat only, so that towing operators can select customized
colors to coordinate with chassis colors or fleet colors.  To the extent final
painting is required before delivery, the Company contracts with independent
paint shops for such services.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company purchases raw materials and component parts from a number of sources.
Although the Company has no long-term supply contracts, management believes the
Company has good relationships with its primary suppliers.  The Company has
experienced no significant problems in obtaining adequate supplies of raw
materials and component parts to meet the requirements of its production
schedules.  Management believes that the materials used in the production of the
Company&#8217;s products are available at competitive prices from an adequate
number of alternative suppliers.  Accordingly, management does not believe that
the loss of a single supplier would have a material adverse effect on the
Company&#8217;s business.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towing
and Recovery Equipment Sales and Distribution</font></b><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Company-owned
Distributors</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
2002, the Company&#8217;s board of directors and management made the decision to
sell the distributors owned by the Company.  The Company&#8217;s distribution
group as of March 31, 2003 owned 8 towing and recovery equipment distributors located in California, Colorado,
Florida, Illinois, Indiana and British Columbia and Ontario, Canada and has sold
one distributor.  The Company intends to sell all of its distributors by
December 2003.  There can be no assurance that this timetable can be met.  All
assets, liabilities and results of operations of the distribution group are now
presented separately as discontinued operations and all prior period financial
information is presented to conform to this treatment.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font size="2">Independent
Distributors and Sales</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management
categorizes the towing and recovery market into three general product types:
light duty wreckers, heavy duty wreckers and car carriers.  The light duty
wrecker market consists primarily of professional wrecker operators,
repossession towing services, municipal and federal governmental agencies, and
repair shop or salvage company owners.  The heavy duty market is dominated by
professional wrecker operators serving the needs of commercial vehicle
operators.  The car carrier market, historically dominated by automobile salvage
companies, has expanded to include equipment rental companies that offer
delivery service and professional towing operators who desire to complement
their existing towing capabilities.  Management estimates that there are
approximately 30,000 professional towing operators and 80,000 service station,
repair shop and salvage operators comprising the overall towing and recovery
market.</font></p><p align="center"><font face="Times New Roman" size="2">9<hr size="1" color="#000080" STYLE="page-break-after: always">
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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#8217;s sales force, which services the Company&#8217;s distribution
network, consists of sales representatives whose responsibilities include
providing administrative and sales support to the entire distributor base.
Sales representatives receive commissions on direct sales based on product type
and brand and generally are assigned specific territories in which to promote
sales of the Company&#8217;s products and to maintain customer relationships.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has developed a diverse customer base consisting of approximately 175
distributors in North America, who serve all 50 states, Canada and Mexico, and
approximately 50 distributors that serve other foreign markets. During the year
ended December 31, 2002, no single distributor accounted for more than 5% of the
Company&#8217;s sales.  Management believes the Company&#8217;s broad and
diverse customer base provides it with the flexibility to adapt to market
changes, lessens its dependence on particular distributors and reduces the
impact of regional economic factors.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
support sales and marketing efforts, the Company produces demonstrator models
that are used by the Company&#8217;s sales representatives and distributors. To
increase exposure to its products, the Company also has served as the official
recovery team for many automobile racing events, including the Daytona,
Talladega, Atlanta and Darlington NASCAR races, the Grand Prix in Miami, the
Suzuka in Japan, the IMSA &#8216;&#8216;24 Hours at Daytona,&#8217;&#8217;
Molson Indy, the Brickyard, and the Indy 500 races, among others.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company routinely responds to requests for proposals or bid invitations in
consultation with its local distributors.  The Company&#8217;s products have
been selected by the United States General Services Administration as an
approved source for certain federal and defense agencies.  The Company intends
to continue to pursue government contracting opportunities.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
towing and recovery equipment industry places heavy marketing emphasis on
product exhibitions at national and regional trade shows. In order to focus its
marketing efforts and to control marketing costs, the Company has reduced its
participation in regional trade shows and now concentrates its efforts on five of the major trade shows each year.  The Company works with
its distributor network to concentrate on various regional shows.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Product
Warranties and Insurance</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company offers a 12-month limited manufacturer&#8217;s product and service
warranty on its wrecker and car carrier products.  The Company&#8217;s warranty
generally provides for repair or replacement of failed parts or components.
Warranty service is usually performed by the Company or an authorized
distributor.  Management believes that the Company maintains adequate general
liability and product liability insurance.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Backlog</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company produces virtually all of its products to order.  The Company&#8217;s
backlog is based upon customer purchase orders that the Company believes are
firm.  The level of backlog at any particular time, however, is not an
appropriate indicator of the future operating performance of the Company.
Certain purchase orders are subject to cancellation by the customer upon
notification.  Given the Company&#8217;s production and delivery schedules
management believes that the current backlog represents less than three months
of production.</font></p><p align="center"><font face="Times New Roman" size="2">10<hr size="1" color="#000080" STYLE="page-break-after: always">
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<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Competition</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
towing and recovery equipment manufacturing industry is highly competitive for
sales to distributors and towing operators.  Management believes that
competition in the towing and recovery equipment industry is a function of
product quality and innovation, reputation, technology, customer service,
product availability and price.  The Company competes on the basis of each of
these criteria, with an emphasis on product quality and innovation and customer
service.  Management also believes that a manufacturer&#8217;s relationship with
distributors is a key component of success in the industry.  Accordingly, the
Company has invested substantial resources and management time in building and
maintaining strong relationships with distributors.  Management also believes
that the Company&#8217;s products are regarded as high quality within their
particular price points.  The Company&#8217;s marketing strategy is to continue
to compete primarily on the basis of quality and reputation rather than solely
on the basis of price, and to continue to target the growing group of
professional towing operators who as end-users recognize the quality of the
Company&#8217;s products.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Traditionally,
the capital requirements for entry into the towing and recovery manufacturing
industry have been relatively low.  Management believes a manufacturer&#8217;s
capital resources and access to technological improvements have become a more
integral component of success in recent years.  Accordingly, management believes
that the Company&#8217;s ownership of patents on certain of the industry&#8217;s
leading technologies has given it a competitive advantage.  Certain of the
Company&#8217;s competitors may have greater financial and other resources and
may provide more attractive dealer and retail customer financing alternatives
than the Company.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employees</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
December 31, 2002, the Company employed approximately 1000 people in its towing
and recovery equipment manufacturing and distribution operations.  None of the
Company&#8217;s employees is covered by a collective bargaining agreement,
though its employees in France and England have certain similar rights provided by their respective government&#8217;s employment
regulations.  The United Auto Workers Union filed a representation petition with
the National Labor Relations Board for the employees at the Company&#8217;s
Ooltewah, Tennessee plant.  A vote on such representation took place on April
11, 2002.  The Ooltewah manufacturing plant employees voted against joining the
United Auto Workers Union.  The Company considers its employee relations to be
good.</font></p><p>
<b><font size="2">TOWING SERVICES - ROADONE</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
February 1997, the Company formed its towing services division, RoadOne, to
build a national towing services network.  During April 2000, the Company
announced plans to accelerate its efforts to aggressively reduce expenses in the
towing services segment at the corporate level, as well as in the field.  During
the quarter ended June 30, 2002 the Company&#8217;s management and board of
directors approved a plan to dispose of certain identified assets, which
primarily consisted of underperforming markets of the towing services segment.
In October 2002, the Company made the decision to sell all remaining towing
services operations.  The Company substantially completed this process by
December 31, 2002 and intends to fully complete this process during fiscal 2003,
although there can be no assurance that this timetable can be met.</font></p><p align="center">
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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
accordance with SFAS No. 144, the Company began reporting the entire towing
services segment as discontinued operations as of the beginning of the fourth
quarter of 2002.  Accordingly, the depreciation of fixed assets ceased on
October 1, 2002.  As of such date, all assets, liabilities, and results of
operations are separately presented as discontinued operations and all prior
period financial information is presented to conform with this treatment.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
of March 31, 2003, the Company had sold or closed 100 RoadOne terminals and had
14 terminals remaining to be sold.  The Company expects to complete the sale of
the remaining 14 terminals during 2003.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employees</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
December 31, 2002, the Company employed approximately 600 people at RoadOne.  As
of March 31, 2003 the Company employed approximately 450 people at RoadOne.  The
Company expects that the number of people employed at RoadOne will continue to
decline as the towing services business is wound down.  None of the
Company&#8217;s RoadOne employees are covered by a collective bargaining
agreement.  The Company considers its employee relations to be good.</font></p><p>
<b><font size="2">PATENTS AND TRADEMARKS</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
development of the underlift parallel linkage and L-arms in 1982 is considered
one of the most innovative developments in the wrecker industry in the last 25
years.  This technology is significant primarily because it allows the
damage-free towing of newer aerodynamic vehicles made of lighter weight
materials.  Patents for this technology were granted to an operating subsidiary
of the Company in 1987 and 1989.  These patents expire in mid-year 2004.  This
technology, particularly the L-arms, is used in a majority of the commercial
wreckers today.  Management believes that utilization of such devices without a
license is an infringement of the Company&#8217;s patents.  The Company has
successfully litigated infringement lawsuits in which the validity of the
Company&#8217;s patents on this technology was upheld, and successfully settled
other lawsuits.  The Company also holds a number of other utility and design
patents covering other products, the Vulcan &#8216;&#8216;scoop&#8217;&#8217;
wheel-retainer and the car carrier anti-tilt device.  Company has also obtained
the rights to use and develop certain technologies owned or patented by others.
Pursuant to the terms of a consent judgment entered into in 2000 with the
Antitrust Division of the U.S. Department of Justice, the Company is required to
offer non-exclusive royalty-bearing licenses to certain of the Company&#8217;s
key patents to all tow truck and car carrier manufacturers.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#8217;s trademarks &#8216;&#8216;Century,&#8217;&#8217;
&#8216;&#8216;Holmes,&#8217;&#8217; &#8216;&#8216;Champion,&#8217;&#8217;
&#8220;Challenger,&#8221; &#8216;&#8216;Formula I,&#8217;&#8217;
&#8216;&#8216;Eagle Claw Self-Loading Wheellift,&#8217;&#8217; &#8216;&#8216;Pro
Star,&#8217;&#8217; &#8216;&#8216;Street Runner,&#8217;&#8217;
&#8216;&#8216;Vulcan,&#8217;&#8217; and &#8216;&#8216;RoadOne,&#8217;&#8217;
among others, are registered with the United States Patent and Trademark Office.
Management believes that the Company&#8217;s trademarks are well-recognized by
dealers, distributors and end-users in their respective markets and are
associated with a high level of quality and value. </font>  <p>
<b><font size="2">GOVERNMENT REGULATIONS AND ENVIRONMENTAL MATTERS</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#8217;s operations are subject to federal, state and local laws and
regulations relating to the generation, storage, handling, emission,
transportation and discharge of materials into the environment.  Management
believes that the Company is in substantial compliance with all applicable
federal, state and local provisions relating to the protection of the
environment.  The costs of complying with environmental protection laws and
regulations has not had a material adverse impact on the Company&#8217;s
financial condition or results of operations in the past and is not expected to
have a material adverse impact in the future.</font></p><p align="center">
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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company is also subject to the Magnuson-Moss Warranty Federal Trade Commission
Improvement Act which regulates the description of warranties on products.  The
description and substance of the Company&#8217;s warranties are also subject to
a variety of federal and state laws and regulations applicable to the
manufacturing of vehicle components.  Management believes that continued
compliance with various government regulations will not materially affect the
operations of the Company.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Financial Services Group is subject to regulation under various federal, state
and local laws which limit the interest rates, fees and other charges that may
be charged by it or prescribe certain other terms of the financing documents
that it enters into with its customers.  Management believes that the additional
administrative costs of complying with these regulations will not materially
affect the operations of the Company. </font> <p>
<b><font size="2">EXECUTIVE OFFICERS OF THE REGISTRANT</font></b></p align="center">
  <table border=0 cellpadding=0 cellspacing =0 width="635" >
<tr valign="top">
<th width="222" colspan="1" rowspan="1" >
<p align="center">
<b><u><font size="2">Name</font></u></b></p align="center">
</th>
<th width="105" colspan="1" rowspan="1" >
<p align="center">
<b><u><font size="2">Age</font></u></b></p align="center">
</th>
<th width="308" colspan="1" rowspan="1" >
<p align="center">
<b><u><font size="2">Position with the Company</font></u></b></p align="center">
</th>
</tr>
<tr valign="top">
<td width="222" colspan="1" rowspan="1" >
<p style="margin-top: 10">
<font size="2">William G. Miller</font></p>
</td>
<td width="105" colspan="1" rowspan="1" >
<p align="center" style="margin-top: 10">
<font size="2">56</font></p align="center">
</td>
<td width="308" colspan="1" rowspan="1" >
<p style="margin-top: 10">
<font size="2">Chairman of the Board</font></p>
</td>
</tr>
<tr valign="top">
<td width="222" colspan="1" rowspan="1" >
<p>
<font size="2">Jeffrey I. Badgley</font></p>
</td>
<td width="105" colspan="1" rowspan="1" >
<p align="center">
<font size="2">50</font></p align="center">
</td>
<td width="308" colspan="1" rowspan="1" >
<p>
<font size="2">President, Chief Executive Officer and Director</font></p>
</td>
</tr>
<tr valign="top">
<td width="222" colspan="1" rowspan="1" >
<p>
<font size="2">Frank Madonia</font></p>
</td>
<td width="105" colspan="1" rowspan="1" >
<p align="center">
<font size="2">54</font></p align="center">
</td>
<td width="308" colspan="1" rowspan="1" >
<p>
<font size="2">Executive Vice President, Secretary and General Counsel</font></p>
</td>
</tr>
<tr valign="top">
<td width="222" colspan="1" rowspan="1" >
<p>
<font size="2">J. Vincent Mish</font></p>
</td>
<td width="105" colspan="1" rowspan="1" >
<p align="center">
<font size="2">52</font></p align="center">
</td>
<td width="308" colspan="1" rowspan="1" >
<p>
<font size="2">Executive Vice President, Chief Financial Officer and<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President of Financial
Services Group</font></p>
</td>
</tr>
</table>
<p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;William
G. Miller</font></i><font size="2"> has served as Chairman of the Board since April 1994.  From
January 2002 to August 2002, Mr. Miller served as the Chief Executive Officer of
Team Sports Entertainment, Inc., an OTC Bulletin Board company engaged in the
business of sports and entertainment marketing and management, as well as Team
Sports Entertainment&#8217;s subsidiary, Team Racing Auto Circuit.  Mr. Miller
served as Chief Executive Officer of the Company from April 1994 to June 1997,
as Co-Chief Executive Officer of the Company from June 1997 to November 1997,
and 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></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jeffrey
I. Badgley</font></i><font size="2"> has served as Chief Executive Officer of the Company since
November 1997, as President since June 1996, and as a director since January
1996.  Mr. Badgley served as Co-Chief Executive Officer of the Company from June
1997 to November 1997, as Chief Operating Officer of the Company from June 1996
to June 1997 and as Vice-President of the Company from April 1994 to June 1996.
In addition, Mr. Badgley serves as President of Miller Industries Towing
Equipment Inc.  Mr. Badgley served as Vice President - Sales of Miller
Industries Towing Equipment Inc. from 1988 to 1996.  Mr. Badgley served as Vice
President - Sales and Marketing of Challenger Wrecker Mfg., Inc., from 1982
until joining Miller Industries Towing Equipment Inc.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>Frank
Madonia </i>has served as Executive Vice President, General Counsel and
Secretary of the Company since September 1998.  From April 1994 to September
1998 Mr. Madonia served as Vice President, General Counsel and Secretary of the
Company.  Mr. Madonia served as Secretary and General Counsel to Miller
Industries Towing Equipment Inc. since its acquisition by Miller Group in 1990.
From July 1987 through April 1994, Mr. Madonia served as Vice President, General
Counsel and Secretary of Flow Measurement.  Prior to 1987, Mr. Madonia served in
various legal and management positions for United States Steel Corporation,
Neptune International Corporation, Wheelabrator-Frye Inc., The Signal Companies,
Inc. and Allied-Signal Inc.  In addition, Mr. Madonia is registered to practice
before the United States Patent and Trademark Office.</font></p><p align="center">
<font face="Times New Roman" size="2">13<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>J.
Vincent Mish </i>is a certified public accountant and has served as Chief
Financial Officer and Treasurer of the Company since June 1999, a position he
also held from April 1994 through September 1996.  In December 2002, Mr. Mish was
appointed an Executive Vice President of the Company.  He also has served as
President of the Financial Services Group since September 1996 and as a Vice
President of the Company since April 1994.  Mr. Mish served as Vice President
and Treasurer of  Miller Industries Towing Equipment Inc. since its acquisition
by Miller Group in 1990.  From February 1987 through April 1994, Mr. Mish served
as Vice President and Treasurer of Flow Measurement.  Mr. Mish worked with Touche Ross &amp; Company (now Deloitte and Touche) for over ten years before
serving as Treasurer and Chief Financial Officer of DNE Corporation from 1982 to
1987.  Mr. Mish is a member of the American Institute of Certified Public
Accountants and the Tennessee and Michigan Certified Public Accountant
societies.</font></p><p>
<font size="2"><a name="ITEM 2."><b>ITEM
</b></font><font size="2"><b>2.</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PROPERTIES</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company operates four manufacturing facilities in the United States.  The
facilities are located in (i) Ooltewah, Tennessee, (ii) Hermitage, Pennsylvania,
(iii) Mercer, Pennsylvania<b>,</b> and (iv) Greeneville, Tennessee.  The
Ooltewah plant, containing approximately 242,000 square feet, produces light and
heavy duty wreckers; the Hermitage plant, containing approximately 95,000 square
feet, produces car carriers; the Mercer plant, which was acquired in December
1997, contains approximately 110,000 square feet, produces car carriers and
light duty wreckers; and the Greeneville plant, containing approximately 112,000
square feet, primarily produces car carriers and trailers.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company operates two foreign manufacturing facilities located in the Lorraine
region of France, which contain, in the aggregate, approximately 180,000 square
feet, and one in Norfolk, England, which contains approximately 30,000 square
feet.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management
believes that its existing manufacturing facilities will allow the Company to
meet anticipated demand for its products.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
connection with its towing service companies, the Company owns property or has
entered into leases for property for 14 towing services companies in four
states.  The Company has sold or is in the process of selling substantially all
of these facilities. These facilities are utilized as offices for administrative
and dispatch operations, garages for repair and upkeep of towing vehicles, and
lots for storage and impounding of towed cars.  RoadOne&#8217;s corporate
offices are housed in the manufacturing plant in Ooltewah, Tennessee.</font></p><p>
<font size="2"><a name="ITEM 3."><b>ITEM
</b></font><font size="2"><b>3.&nbsp;</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LEGAL
PROCEEDINGS</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company is, from time to time, a party to litigation arising in the normal
course of its business.  Litigation is subject to various inherent
uncertainties, and it is possible that some of these matters could be resolved
unfavorably to the Company, which could result in substantial damages against
the Company.  The Company has established accruals for matters that are probable
and reasonably estimable and maintains product liability and other insurance
that management believes to be adequate.  Management believes that any liability
that may ultimately result from the resolution of these matters in excess of
available insurance coverage and accruals will not have a material adverse
effect on the consolidated financial position or results of operations of the
Company.</font></p><p align="center"><font face="Times New Roman" size="2">14<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2"><a name="ITEM 4."><b>ITEM
</b></font><font size="2"><b>4.&nbsp;</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SUBMISSION
OF MATTERS TO A VOTE OF SECURITY HOLDERS</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
matters were submitted to a vote of security holders of the Registrant during
the last three months of the period covered by this Annual
Report.</font></p><p align="center">
<b><font size="2">PART II</font></b><p>
<font size="2"><a name="ITEM 5."><b>ITEM
</b></font><font size="2"><b>5.&nbsp;</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MARKET
FOR REGISTRANT&#8217;S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Registrant&#8217;s Common Stock is traded on the New York Stock Exchange
(&#8220;NYSE&#8221;) under the symbol &#8220;MLR.&#8221;  The following table
sets forth the quarterly range of high and low sales prices for the Common Stock
for the period from May 1, 2000 through December 31, 2002, adjusted for the
one-for-five reverse stock split that was effected October 1, 2001.</font></p>
<div><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p style="margin-bottom: 10">
<font size="2">
&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center" style="margin-bottom: 10">
<b><u><font size="2">High</font></u></b></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center" style="margin-bottom: 10">
<b><u><font size="2">Low</font></u></b></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<b><font size="2">Fiscal Year Ended April 30, 2001</font></b></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quarter</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp;19.38</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 6.25</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Second Quarter</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp;10.00</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 4.38</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third Quarter</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp;&nbsp;8.75</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 2.19</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fourth Quarter</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp;&nbsp;7.50</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 3.50</font></p align="center">
</td>
</tr>
<tr>
<td width="390.666569" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<b><font size="2">Eight Months Ended December 31, 2001</font></b></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;May 1, 2001 to July 31, 2001</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp;&nbsp;5.60</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 3.10</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;August 1, 2001 to October 31, 2001</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp; 7.05</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 2.45</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;November 1, 2001 to December 31, 2001</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp;&nbsp;3.35</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 2.10</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<b><font size="2">Fiscal Year Ended December 31, 2002</font></b></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quarter</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp;&nbsp;4.20</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 2.30</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Second Quarter</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$&nbsp;&nbsp;3.95</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 3.02</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third Quarter</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ &nbsp;4.18</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 2.31</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="390.666569" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fourth Quarter</font></p>
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ &nbsp;3.65</font></p align="center">
</td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="center">
<font size="2">$ 2.60</font></p align="center">
</td>
</tr>
</table></div>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
approximate number of holders of record and beneficial owners of Common Stock as
of March&nbsp;15, 2003 was 1,851<b> </b>and 10,000, respectively. </font> <p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has never declared cash dividends on the Common Stock.  The Company
intends to retain its earnings and does not anticipate paying cash dividends in
the foreseeable future.  Any future determination as to the payment of cash
dividends will depend upon such factors as earnings, capital requirements, the
Company&#8217;s financial condition, restrictions in financing agreements and
other factors deemed relevant by the Board of Directors.  The payment of
dividends by the Company is restricted by its revolving credit facility.</font></p><p>
<font size="2"><a name="ITEM 6."><b>ITEM
</b></font><font size="2"><b>6.&nbsp;</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SELECTED
FINANCIAL DATA</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table presents selected statement of operations data and selected
balance sheet data on a consolidated basis.  We derived the selected historical
consolidated financial data presented below from our audited consolidated
financial statements and related notes.  You should read this data together with
our audited consolidated financial statements and related notes.</font></p><p align="center">
<font face="Times New Roman" size="2">15<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p align="center" style="margin-bottom: 10">
<font size="2">
<b>MILLER INDUSTRIES, INC. AND SUBSIDIARIES<br>
SELECTED FINANCIAL DATA</b><br>
</font><font size="1">(In thousands except per share data)</font></p>
<div align="center">
  <center>
<table border="0" cellspacing="0" cellpadding="0" style="border:1.5pt solid black; background-color:white; border-collapse:collapse" fpTblFormat="11;110101100" width="713" bordercolor="#111111">
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: medium none black; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="93" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: medium none black; background-color: #FFFFDD" valign="bottom" >
<p align="center">
<font size="2"><b>Year Ended</b></font></p align="center">
</td>
<td width="79" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: medium none black; background-color: #BFBFBF" valign="bottom" >
<p align="center">
<font size="2"><b>Eight Months<br>
Ended</b></font></p align="center">
</td>
<td width="234" colspan="4" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1px solid black; background-color: #FFFFDD" valign="bottom" >
<p align="center">
<font size="2"><b> Years Ended April 30,</b></font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="93" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1px solid; background-color: #FFFFDD" >
<p align="center">
<font size="2"><b>December 31, 2002</b></font></p align="center">
</td>
<td width="79" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-top:medium none; border-bottom:1px solid; background-color: #BFBFBF" >
<p align="center">
<font size="2"><b>December 31,<br>
2001</b></font></p align="center">
</td>
<td width="60" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:1px solid; background-color: #FFFFDD; border-top-color:inherit" >
<p align="center">
<font size="2"><b><br>
2001 </b></font></p align="center">
</td>
<td width="59" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:1px solid; background-color: #BFBFBF; border-top-color:inherit" >
<p align="center">
<font size="2"><b><br>
2000 </b></font></p align="center">
</td>
<td width="60" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:1px solid; background-color: #FFFFDD; border-top-color:inherit" >
<p align="center">
<font size="2"><b><br>
1999 </b></font></p align="center">
</td>
<td width="72" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:1px solid; background-color: #BFBFBF; border-top-color:inherit" >
<p align="center">
<font size="2"><b><br>
1998 </b></font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Net sales</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:medium none; background-color: #FFFFDD; border-top-color:inherit" >
<p align="right">
<font size="2"> $   203,059&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:medium none; background-color: #BFBFBF; border-top-color:inherit" >
<p align="right">
<font size="2"> $    142,445&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:medium none; background-color: #FFFFDD; border-top-color:inherit" >
<p align="right">
<font size="2"> $  212,885&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:medium none; background-color: #BFBFBF; border-top-color:inherit" >
<p align="right">
<font size="2"> $  261,907&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:medium none; background-color: #FFFFDD; border-top-color:inherit" >
<p align="right">
<font size="2"> $  231,691&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border-left:medium none; border-right:medium none; border-bottom:medium none; background-color: #BFBFBF; border-top-color:inherit" >
<p align="right">
<font size="2"> $  192,705</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Costs and expenses:</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costs of operations</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">174,516&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   122,753&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> 181,517&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   220,602&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> 193,855&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> 156,250</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> Selling, general, and </font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;administrative expenses</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">17,434&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   12,547&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   20,663&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   22,791&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   22,463&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   13,039</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Special charges (1)</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   --&nbsp;</font></p align="center">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   1,794&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   2,770&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   4,100</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> Interest expense, net</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">    4,368&nbsp;</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   1,055&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   2,137&nbsp;</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   6,036&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   4,579&nbsp;</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">


<font size="2">   2,834</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Total costs and expenses</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">196,318&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   138,149&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> 204,317&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   252,199&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> 220,897&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> 176,223</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Income (loss) from continuing operations<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;before income
taxes</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">6,741&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   4,296&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   8,568&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   9,708&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   10,794&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   16,482</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Income tax (benefit) provision</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">3,217&nbsp;</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,419&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,533&nbsp;</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,505&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">4,318&nbsp;</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,593</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Income (loss) from continuing operations</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">3,524&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">1,877&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">6,035&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">3,203&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">6,476&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">9,889</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Discontinued operations:</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income (Loss) from discontinued operations</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">(26,146)</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">    (24,041)</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> (18,176)</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   (96,159)</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   (6,361)</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   4,177</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;operations, before income taxes</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income tax (benefit) provision</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,260&nbsp;</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(577)</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(5,707)</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(19,813)</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(2,092)</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,400</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loss from discontinued operations<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;net of taxes</font></p>
</td>
<td width="93" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">  (27,406)</font></p>
</td>
<td width="79" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">    (23,464)</font></p>
</td>
<td width="60" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"> (12,469)</font></p>
</td>
<td width="59" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   (76,346)</font></p>
</td>
<td width="60" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   (4,269)</font></p>
</td>
<td width="72" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   2,777</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Net income (loss) before cumulative effect of</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">  (23,882)</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">    (21,587)</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   (6,434)</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   (73,143)</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   2,207&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   12,666</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;change in accounting principle</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulative effect of change in accounting<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; principle</font></p>
</td>
<td width="93" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">  (21,812)</font></p>
</td>
<td width="79" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- &nbsp;</font></p>
</td>
<td width="60" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   -&nbsp;</font></p>
</td>
<td width="59" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">    -&nbsp;</font></p>
</td>
<td width="60" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   -&nbsp;</font></p>
</td>
<td width="72" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   -</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Net income (loss)</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $   (45,694)</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $   (21,587)</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $  (6,434)</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $  (73,143)</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $  2,207&nbsp;</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $  12,666</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Basic net income (loss) per common share(2):</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income from continuing operations</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> $   0.38&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> $    0.20&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> $  0.65&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> $ 0.34&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> $  0.70&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> $  1.11</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income (loss) from discontinued operations</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">    (2.93) </font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">    (2.51)</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   (1.34)</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   ( 8.17)</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   (0.46)</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   0.31</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulative effect of change in accounting principle</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">    (2.34)</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   -&nbsp;</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">    - </font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   - &nbsp;</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   -</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic net income (loss) per common share</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $ (4.89)</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $   (2.31)</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $  (0.69)</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $  (7.83)</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $  0.24&nbsp;</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $  1.42</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Diluted net income (loss) per common share(2):</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income from continuing operations</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> $   0.38&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> $    0.20&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> $   0.65&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> $   0.34 </font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> $  0.68 </font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> $  1.07 </font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income (loss) from discontinued operations</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">    (2.93)</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">    (2.51)</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   (1.34)</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   (8.17)</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   (0.45)</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   0.30 </font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulative effect of change in accounting<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; principle</font></p>
</td>
<td width="93" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">    (2.34)</font></p>
</td>
<td width="79" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;</font></p>
</td>
<td width="60" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   -&nbsp;</font></p>
</td>
<td width="59" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">    - </font></p>
</td>
<td width="60" style="border: medium none; background-color: #FFFFDD" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   - </font></p>
</td>
<td width="72" style="border: medium none; background-color: #BFBFBF" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">   - </font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted net income (loss) per common share</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $ (4.89)</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $    (2.31)</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $  (0.69)</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $  (7.83)</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $  0.23&nbsp;</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2"> $  1.37</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Weighted average shares outstanding:</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">    9,341&nbsp;</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2">   9,341&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">   9,341&nbsp;</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2">   9,339&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">   9,267&nbsp;</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2">   8,912</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">    9,348&nbsp;</font></p>
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2">   9,345&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">   9,350&nbsp;</font></p>
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2">   9,426&nbsp;</font></p>
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">   9,457&nbsp;</font></p>
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="border-bottom:double">
<font size="2">   9,240</font></p>
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2"><b>Balance Sheet Data (at period end):</b></font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<font size="2">
&nbsp;</font></td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Working capital</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">($  10,174)&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">$   87,601&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> $  91,314&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> $  103,801&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> $  121,449&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> $  104,774</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Total assets</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">162,177&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   252,963&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> 281,287&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   323,694&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> 392,480&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2"> 329,730</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3">
<font size="2">Long-term obligations, less current portion</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">1,214&nbsp;&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   91,562&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2">   99,121&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   119,319&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right">
<font size="2"> 133,850&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right">
<font size="2">   95,778</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="286" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p style="margin-left: 3; margin-bottom: 3">
<font size="2">Common shareholders&#8217; equity (deficit)</font></p>
</td>
<td width="93" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="margin-bottom: 3">
<font size="2">39,697&nbsp;</font></p align="right">
</td>
<td width="79" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="margin-bottom: 3">
<font size="2">   84,843&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="margin-bottom: 3">
<font size="2"> 106,533&nbsp;</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="margin-bottom: 3">
<font size="2">   113,821&nbsp;</font></p align="right">
</td>
<td width="60" colspan="1" rowspan="1" style="border: medium none; background-color: #FFFFDD" >
<p align="right" style="margin-bottom: 3">
<font size="2"> 187,303&nbsp;</font></p align="right">
</td>
<td width="72" colspan="1" rowspan="1" style="border: medium none; background-color: #BFBFBF" >
<p align="right" style="margin-bottom: 3">
<font size="2"> 180,236</font></p align="right">
</td>
</tr>
</table>
  </center>
</div>
<div align="center">
  <center>
<table style="border-collapse: collapse" bordercolor="#111111" cellpadding="0" cellspacing="0" width="698"><tr valign="top">
  <td width="22"><font size="2">(1)</font></td><td width="676"><font size="2">Special
charges and other net operating expenses include asset impairment charges for
continuing operation of $1,794 for the eight months ended December 31, 2001,
$2,770 for the year ended April 30, 2000, and special charges of $4,100 in
fiscal 1998 for the closure of a facility and consolidation of manufacturing
</font></tr></table>

  </center>
</div>

<p align="center"><font face="Times New Roman" size="2">16<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a></font><br>
&nbsp;<div align="center">
  <center>
  <table width="698" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0" cellspacing="0"><tr valign="top"><td width="11">
    <font size="2">&nbsp; </font></td>
  <td width="677"><font size="2">operations
in the towing and recovery equipment segment.  The Company recorded asset
impairments and special charges for discontinued operations of $11,828 for the
year ended December 31, 2002, $15,568 for the eight months ended December 31,
2001, and $74,085 of special charges and $6,041 for the cost of the
rationalization of the towing services segment for the year ended April 30,
2000.  Special charges and asset impairments related to discontinued operations
are included in Loss from Discontinued Operations in the statement of
operations.</font></tr><tr valign="top"><td width="11"><font size="2">&nbsp;</font></td>
    <td width="677"><font size="2">&nbsp;</font></tr><tr valign="top">
    <td width="11"><font size="2">(2)&nbsp;</font></td><td width="677">
<font size="2">Basic
and diluted net income per common share and the weighted average number of
common and potential dilutive common shares outstanding are computed after
giving retroactive effect to the 2-for-1 stock split effected on September 30,
1996, the 3-for-2 stock split effected on December 30, 1996, and the 1-for-5
reverse stock split effected on October 1, 2001.</font></tr></table></center>
</div>
<p>
<b><font size="2"><a name="ITEM 7.">ITEM 7.</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MANAGEMENT&#8217;S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION<br>
&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;AND RESULTS OF OPERATIONS</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following discussion of the results of operations and financial condition of the
Company should be read in conjunction with the Consolidated Financial Statements
and Notes thereto.</font></p><p>
<b><font size="2">GENERAL</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<i>&nbsp;Going
Concern. </i>&nbsp;The
Company&#8217;s financial statements have been prepared on a going concern
basis, which contemplates the realization of assets and the settlement of
liabilities and commitments in the normal course of business.  As more fully
described under 2003 Amendment to Credit Facility, subsequent to December 31, 2002, the Company was
in default of certain covenants under its Senior and Junior Credit Facility
Agreements, and its Junior Credit Facility matures on July 23, 2003.  The Senior
and Junior Credit Facility Agreements contain certain cross-default provisions
and provide for acceleration of amounts due as well as other remedies in the
event of default.  These circumstances raise substantial doubt about the
Company&#8217;s ability to continue as a going concern.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Discontinued Operations</font></i><font size="2">.&nbsp; &nbsp;During
the year ended December 31, 2002, the Company&#8217;s management and its board
of directors made the decision to divest of its remaining towing services
segment, as well as the operations of the distribution group of the towing and
recovery equipment segment. In accordance with SFAS No. 144, "Accounting for the
Impairment or Disposal of Long-Lived Assets", the assets for the towing services
segment and the distribution group are considered a "disposal group" and the
assets are no longer being depreciated. All assets and liabilities and results
of operations associated with these assets have been separately presented in the
accompanying financial statements. The statements of operations and related
financial statement disclosures for all prior years have been restated to
present the towing services segment and the distribution group as discontinued
operations separate from continuing operations. The analyses contained herein
are of continuing operations, as restated, unless otherwise noted.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
consolidated financial statements are prepared in accordance with accounting
principles generally accepted in the United States of America, which require the
Company to make estimates.  Certain accounting policies are deemed
&#8220;critical,&#8221; as they require management&#8217;s highest degree of
judgment, estimates and assumptions.  A discussion of critical accounting
policies, the judgments and uncertainties affecting their application and the
likelihood that materially different amounts would be reported under different
conditions or using different assumptions follows:</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts
receivable. </font>  </i><font size="2">The Company extends credit to customers in the normal course of
business.  Collections from customers are continuously monitored and an
allowance for doubtful accounts is maintained based on historical experience and
any specific customer collection issues.  While such bad debt expenses have
historically been within expectations and the allowance established, there can
be no assurance that the Company will continue to experience the same credit
loss rates as in the past. </font>  <p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Valuation
of long-lived assets and goodwill. </font>  </i><font size="2">Long-lived assets and goodwill are
reviewed for impairment whenever events or circumstances indicate that the
carrying amount of these assets may not be fully recoverable.  When a
determination has been made that the carrying amount of long-lived assets and
goodwill may not be fully recovered, the amount of impairment is measured by
comparing an asset&#8217;s estimated fair value to its carrying value.  The
determination of fair value is based on projected future cash flows discounted
at a rate determined by management, or if available independent appraisals or
sales price negotiations.  The estimation of fair value includes significant
judgment regarding assumptions of revenue, operating costs, interest rates,
property and equipment additions; and industry competition and general economic
and business conditions among other factors.</font></p><p align="center">
<font face="Times New Roman" size="2">17<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
adoption of Financial Accounting Standard No. 142, <i>Goodwill and Other
Intangible Assets </i>on January 1, 2002, the Company ceased to amortize
goodwill.  In lieu of amortization, the Company is required to perform an
initial impairment review of goodwill in 2002 and an annual impairment review
thereafter.  For further detail of the Company&#8217;s impairment review and
related write downs, See Note 7 to the Consolidated Financial Statements.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income
taxes. </font>  </i><font size="2">The Company recognizes deferred tax assets and liabilities based on
differences between the financial statement carrying amounts and the tax bases
of assets and liabilities.  The Company considers the need to record a valuation
allowance to reduce deferred tax assets to the amount that is more likely than
not to be realized.  The Company considers tax loss carrybacks, reversal of
deferred tax liabilities, tax planning and estimates of future taxable income in
assessing the need for a valuation allowance.  The Company established a
deferred tax valuation allowance of $18.0 million as of December 31, 2002.  The
allowance reflects the Company&#8217;s recognition that continuing losses from
operations and certain liquidity matters associated with the Company&#8217;s
credit facility indicate that it is more likely than not that certain future tax
benefits will not be realized through future taxable income.  At December 31,
2002, the Company recorded a full valuation allowance against its net deferred
tax assets from continuing and discontinuing operations totaling approximately
$18.0 million.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Revenues</font></i><font size="2">.
Under the Company&#8217;s accounting policies, sales are recorded when equipment
is shipped to independent distributors or other customers.  While the Company
manufactures only the bodies of wreckers, which are installed on truck chassis
manufactured by third parties, the Company sometimes purchases the truck chassis
for resale to its customers.  Sales of Company-purchased truck chassis are
included in net sales.  Margins are substantially lower on completed recovery
vehicles containing Company-purchased chassis because the markup over the cost
of the chassis is nominal.  Revenue from Company owned distributors is recorded
at the time equipment is shipped to customers or services are rendered.  The
towing services division recognizes revenue at the time services are performed.
</font>
<p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seasonality</font></i><font size="2">.
The Company&#8217;s towing and recovery equipment segment has experienced some
seasonality in net sales due in part to decisions by purchasers of light duty
wreckers to defer wrecker purchases near the end of the chassis model year.  The
segment&#8217;s net sales have historically been seasonally impacted due in part
to sales made at the largest towing and recovery equipment trade show which is
held in the spring. </font>  <p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change
in Fiscal Year</font></i><font size="2">. On September 25, 2001, the Company announced that its Board
of Directors had approved a change in the Company&#8217;s fiscal year, from
April 30 to December 31, effective December 31, 2001.  The change to a December
31 fiscal year will enable the Company to report results on a conventional
calendar basis.  As a result of the change in fiscal year, the Company filed a
transition report for the eight-month period ended December 31, 2001, and the
comparative data below compares the financial results for that period against
the results for the fiscal year ended April&nbsp;&nbsp;30, 2001.  The periods
are not directly comparable, in that they relate to periods of materially
different lengths, and also that the transition period does not include results
from the three months ended April 30, a fiscal quarter in which the
Company&#8217;s sales have traditionally been seasonally higher than other
quarters.</font></p><p align="center"><font face="Times New Roman" size="2">18<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<b><font size="2">RESULTS OF OPERATIONS</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth, for the periods indicated, the components of the
consolidated statements of operations expressed as a percentage of net
sales.</font></p>
  <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111">
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="93.333310" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">
<br></font><b><font size="2">Year Ended</font></b></p align="center">
</td>
<td width="15.999996" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" bgcolor="#FFF3CE" >
<p align="center">
<b><font size="2">Eight Months<br>
Ended</font></b></td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="162.666626" colspan="3" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="center">
<b><font size="2">December 31,</font></b></p align="center">
</td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" >
<p align="center">
<b><font size="2">December 31,</font></b></p align="center">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="162.666626" colspan="3" rowspan="1" >
<p align="center">
<b><font size="2">Years Ended April 30,</font></b></p align="center">
</td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="93.333310" style="border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="center">
<b><font size="2">2002</font></b></p align="center">
</td>
<td width="15.999996" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" style="border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="center">
<b><font size="2">2001</font></b></p align="center">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" style="border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="center">
<b><font size="2">2001</font></b></p align="center">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" style="border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="center">
<b><font size="2">2000</font></b></p align="center">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p>
<u><font size="2">Continuing Operations</font></u><font size="2">:</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<p>
<font size="2">Net Sales</font></p>
</td>
<td width="93.333310" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">100.0%</font></p align="center">
</td>
<td width="15.999996" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">100.0%</font></p align="center">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">100.0%</font></p align="right">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">100.0%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p style="margin-left: 20">
<font size="2">Costs and expenses:</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<p style="margin-left: 20">
<font size="2">Costs of operations</font></p>
</td>
<td width="93.333310" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">85.9%</font></p align="center">
</td>
<td width="15.999996" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">86.2%</font></p align="center">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">85.3%</font></p align="right">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">84.2%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p style="margin-left: 20">
<font size="2">Selling, general and administrative</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="center">
<font size="2">8.6%</font></p align="center">
</td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" >
<p align="center">
<font size="2">8.8%</font></p align="center">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" >
<p align="right">
<font size="2">9.7%</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" >
<p align="right">
<font size="2">8.7%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<p style="margin-left: 20">
<font size="2">Special charges and other operating<br>
expenses, net</font></p>
</td>
<td width="93.333310" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">
<br>  0.0%</font></p align="center">
</td>
<td width="15.999996" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">
<br>  1.3%</font></p align="center">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">
<br>0.0%</font></p align="right">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">
<br>1.1%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p style="margin-left: 20">
<font size="2">Interest expense, net</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<font size="2">2.2%</font></p align="center">
</td>
<td width="15.999996" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<font size="2">0.7%</font></p align="center">
</td>
<td width="14.666663" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">1.0%</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">2.3%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<p style="margin-left: 30">
<font size="2">Total costs and expenses</font></p>
</td>
<td width="93.333310" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">96.7%</font></p align="center">
</td>
<td width="15.999996" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">97.0%</font></p align="center">
</td>
<td width="14.666663" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">96.0%</font></p align="right">
</td>
<td width="14.666663" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">96.3%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p>
<font size="2">Income before income taxes</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<p align="center">
<font size="2">3.3%</font></p align="center">
</td>
<td width="15.999996" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<p align="center">
<font size="2">3.0%</font></p align="center">
</td>
<td width="14.666663" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<p align="right">
<font size="2">4.0%</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<p align="right">
<font size="2">3.7%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="93.333310" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="15.999996" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p>
<u><font size="2">Discontinued Operations</font></u><font size="2">:</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<p>
<font size="2">Net Sales</font></p>
</td>
<td width="93.333310" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">100.0%</font></p align="center">
</td>
<td width="15.999996" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">100.00%</font></p align="center">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">100.0%</font></p align="right">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">100.0%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p style="margin-left: 20">
<font size="2">Costs and expenses:</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<p style="margin-left: 20">
<font size="2">Costs of operations</font></p>
</td>
<td width="93.333310" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">87.2%</font></p align="center">
</td>
<td width="15.999996" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">86.4%</font></p align="center">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">85.4%</font></p align="right">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">84.1%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p style="margin-left: 20">
<font size="2">Selling, general and administrative</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="center">
<font size="2">20.8%</font></p align="center">
</td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" >
<p align="center">
<font size="2">15.4%</font></p align="center">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" >
<p align="right">
<font size="2">15.8%</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" >
<p align="right">
<font size="2">20.3%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<p style="margin-left: 20">
<font size="2">Special charges and other operating expense,<br>
&nbsp;&nbsp;&nbsp;net</font></p>
</td>
<td width="93.333310" bgcolor="#FFF3CE" >
<p align="center">
<font size="2"><br>
0.8%</font></p align="center">
</td>
<td width="15.999996" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" bgcolor="#FFF3CE" >
<p align="center">
<font size="2"><br>
9.2%</font></p align="center">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" bgcolor="#FFF3CE" >
<p align="right">
<font size="2"><br>
0.0%</font></p align="right">
</td>
<td width="14.666663" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" bgcolor="#FFF3CE" >
<p align="right">
<font size="2"><br>
23.1%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p>
<font size="2">Interest Expense, net</font></p>
</td>
<td width="93.333310" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<font size="2">3.1%</font></p align="center">
</td>
<td width="15.999996" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<font size="2">3.9%</font></p align="center">
</td>
<td width="14.666663" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">5.2%</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">2.5%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" bgcolor="#FFF3CE" >
<p style="margin-left: 30">
<font size="2">Total costs and expenses</font></p>
</td>
<td width="93.333310" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">111.9%</font></p align="center">
</td>
<td width="15.999996" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="106.666640" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">114.9%</font></p align="center">
</td>
<td width="14.666663" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="79.999980" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">106.4%</font></p align="right">
</td>
<td width="14.666663" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="66.666650" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">130.0%</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="269.333266" colspan="1" rowspan="1" >
<p>
<font size="2">Loss before income taxes</font></p>
</td>
<td width="93.333310" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="center">
<font size="2">(11.9)%</font></p align="center">
</td>
<td width="15.999996" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<font size="2">
&nbsp;</font></td>
<td width="106.666640" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="center">
<font size="2">(14.9)%</font></p align="center">
</td>
<td width="14.666663" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<font size="2">
&nbsp;</font></td>
<td width="79.999980" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right">
<font size="2">(6.4)%</font></p align="right">
</td>
<td width="14.666663" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<font size="2">
&nbsp;</font></td>
<td width="66.666650" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right">
<font size="2">(30.0)%</font></p align="right">
</td>
</tr>
</table>
<p>
<b><font size="2">Twelve Months Ended December 31, 2002 Compared to Eight Months Ended December
31, 2001</font></b><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing
Operations</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
sales from continuing operations of the towing and recovery equipment segment
were $203.1 million for the twelve months ended December 31, 2002 compared to
$142.4 million for the eight months ended December 31, 2001. Net sales at
December 31, 2001 include only eight months of activity, accounting for a
substantial portion of the increase from period to period. Demand for the
Company&#8217;s towing and recovery equipment continues to be negatively
impacted by cost pressures facing its customers and tightness in the current
credit markets.</font></p><p align="center"><font face="Times New Roman" size="2">19<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costs
of operations of the Company as a percentage of net sales decreased slightly to
85.9% for the year ended December 31, 2002 from 86.2% for the eight months ended
December 31, 2001. Selling, general, and administrative expenses decreased 0.2%
as a percentage of net sales from 8.8% for the eight months ended December 31,
2001 to 8.6% for the twelve months ended December 31, 2002. The slight decrease
in costs of sales and selling, general, and administrative expenses as a
percentage of sales is the result of the Company&#8217;s continued focus on
controlling costs of its continuing operations while disposing of its towing
services segment and distribution group.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
January 2002, the Company adopted SFAS No. 142, "Goodwill and Other Intangible
Assets". Upon adoption of SFAS No. 142, the Company ceased to amortize goodwill.
In lieu of amortization, the Company was required to perform an initial
impairment review, which resulted in the write-off of $1.7 million of goodwill
attributable to continuing operations and $20.1 million of goodwill attributable
to discontinued operations.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company periodically reviews the carrying value of goodwill and long-lived
assets to determine if those assets may be recoverable based upon future
operating cash flows expected to be generated by those assets. During the eight
months ended December 31, 2001, evaluations of these assets indicated that
projected future cash flows from certain towing and recovery equipment
operations were not sufficient to fully recover the carrying value of its
goodwill and certain other long-lived assets. Accordingly, a non-cash impairment
charge of $1.7 million was recorded.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest
expense for continuing operations for the year ended December 31, 2002 was $4.3
million compared to $1.1 million for the eight months ended December 31, 2001 as
a result of the acceleration of amortization of deferred financing costs.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
effective rate for the provision for income taxes for continuing operations was
47.7% for the year ended December 31, 2002 compared to 56.3% for the eight
months ended December 31, 2001.  The decrease in the effective rate is due to a
deferred tax valuation allowance recorded as of December 31, 2001 and permanent
differences.  The allowance reflected the Company&#8217;s recognition that
continuing losses from operations and certain liquidity matters associated with
the Company&#8217;s credit facility indicate that it is more likely than not
that certain future tax benefits will not be realized through future taxable
income.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued
Operations</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
sales of discontinued operations increased to $206.9 million for the year ended
December 31, 2002 from $ 161.5 million for the eight months ended December 31,
2001. The increase is primarily due to the fact that net sales at December 31,
2001 include only eight months of activity. Net sales of the distribution group
were $85.4 million for the year ended December 31, 2002 compared to $60.6
million for the eight months ended December 31, 2001. Net sales of the towing
services segment were $121.6 million for the year ended December 31, 2002
compared to $101.0 million for the eight months ended December 31, 2001.
Revenues of the towing services segment were negatively affected by the
Company&#8217;s ongoing efforts to sell or close under performing and other
markets.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost
of sales as a percentage of net sales for the distribution group was 92.1 % for
the year ended December 31, 2002 compared to 91.7% for the eight months ended
December 31, 2001. Cost of sales of the towing services segment increased 0.4%
from 83.3% for the eight months ended December 31, 2001 to 83.7% for the year
ended December 31, 2002.</font></p><p align="center">
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Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Selling,
general, and administrative expenses as a percentage of sales was 8.8% for the
distribution group and 29.2% for the towing services segment for the year ended
December 31, 2002 compared to 9.5% and 18.9%, respectively for the eight months
ended December 31, 2001.  The decrease for the distribution group was the result of
the Company&#8217;s continued cost reduction efforts as the Company began
implementation of its plans for disposition of these operations.  The increase
in the towing services segment was the result of expenses not decreasing as
rapidly as revenues as markets were sold throughout the year as well as various
expenses incurred in connection with such dispositions.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
interest expense was $6.5 million for the year ended December 31, 2002 compared
to $6.3 million for the eight months ended December 31, 2001, respectively.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="2">The
effective rate for the provision for income taxes for discontinued operations
was 12.8% for the year ended December 31, 2002 compared to 2.4% for the eight
months ended December 31, 2001.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eight
Months Ended December 31, 2001 Compared to Year Ended April 30, 2001</font></b><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing
Operations</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
sales for the eight months ended December 31, 2001 were $142.4 compared to
$212.9 for the twelve months ended April 30, 2001.  Net sales at December 31,
2001 include only eight months activity, accounting for a substantial portion of
the decrease.  The Company experienced generally stable order rates for towing
and recovery equipment in the face of continued challenging business conditions
during the eight months ended December 31, 2001.  Demand for the Company&#8217;s
towing and recovery equipment continued to be negatively impacted by cost
pressures facing its customers.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost
of operations for the Company as a percentage of net sales increased to 86.2%
for the eight months ended December 31, 2001 compared to 85.3% for the year
ended April 30, 2001.  The increase as a percentage of net sales was primarily
due to declines in overall sales volume as discussed above.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Selling,
general, and administrative expenses decreased 0.9% as a percentage of net sales
from 9.7% for the year ended April 30, 2001 to 8.8% for the eight months ended
December 31, 2001.  The slight decrease in selling, general, as a percentage of
sales, is a result of the Company&#8217;s continued focus on cost reduction
efforts implemented in prior fiscal years.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company periodically reviews the carrying value of goodwill and long-lived
assets in both to determine if those assets may be recoverable based upon the
future operating cash flows expected to be generated by those assets.  During
the eight months ended December 31, 2001 evaluations indicated that projected
cash flows from certain towing services markets were not sufficient to fully
recover the carrying value of its goodwill and other long-lived assets.
Accordingly, the Company recorded non-cash impairment charges of $1.7 million
for continuing operations and $14.9 million for discontinued operations.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest
expense for the eight months ended December 31, 2001 and the year ended April
30, 2001 was $1.1 million and $2.1 million, respectively.  During the eight
months ended December 31, 2001, the Company incurred lower interest expense as a
result of refinancing its line of credit at more favorable rates in July 2001, a
decrease in debt levels and four months less interest expense in the transition
period.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
effective rate of the provision for income taxes for continuing operations for
the eight months ended December 31, 2001 was 56.3% compared to 29.7% for the
year ended April 30, 2001.  The increase in the effective rate is due to a
deferred tax valuation allowance recorded as of December 31, 2001.  The
allowance reflects the Company&#8217;s recognition that continuing losses from
operations and certain liquidity matters associated with the Company&#8217;s
credit facility indicate that it is more likely than not that certain future tax
benefits will not be realized through future taxable income.</font></p><p align="center">
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Contents</font></a><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued
Operations</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
sales of discontinued operations decreased from $282.6 million for the year
ended April 30, 2001 to $ 161.5 million for the eight months ended December 31,
2002. The decrease is primarily due to the fact that net sales at December 31,
2001 include only eight months of activity. Net sales of the distribution group
were $60.6 million for the eight months ended December 31, 2001 compared to
$100.3 million for the year ended April 30, 2001. Net sales of the towing
services segment was $101.0 million for the eight months ended December 31, 2001
compared to $182.3 million for the year ended April 30, 2001. Revenues in the
distribution group were negatively impacted by cost pressures facing its
customers. Revenues in the towing services segment were negatively impacted
during the eight months ended December 31, 2001 due to unseasonably mild
temperatures, the impact on the overall transportation industry following the
events of September 11<sup>th</sup>, and the sale of several towing services
markets as part of the Company&#8217;s continued efforts to eliminate
underperforming terminals.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost
of sales as a percentage of net sales for the distribution group was 91.7% for
the eight months ended December 31, 2001 compared to 91.3% for the year ended
April 30, 2001. Cost of sales of the towing services increased 1.1% from 82.2%
for the year ended April 30, 2001 to 83.3% for the eight months ended December
31, 2001 primarily due to declines in revenues of underperforming markets</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Selling,
general, and administrative expenses as a percentage of sales was 9.5% for the
distribution group and 18.9% for the towing services segment for the eight
months ended December 31, 2001 compared to 8.4% and 19.9%, respectively for the
year ended April 30, 2001. The increase for the distribution group was primarily
due to declines in sales volume as described above. The decrease for the towing
services segment was the result of the Company&#8217;s continued cost reduction
efforts.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
interest expense of discontinued operations decreased $8.3 million from $14.6
million for the year ended April 31, 2001 to $6.3 million for the eight months
ended December 31, 2001. During the eight months ended December 31, 2001, the
Company experienced overall lower interest expense as a result of refinancing
its line of credit at more favorable rates in July 2001, a decrease in debt
levels, and four months less interest expense in the transition period.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
effective rate for the provision for income taxes for discontinued operations
was 2.4% for the eight months ended December 31, 2001 compared to 31.4% for the
year ended April 30, 2001.</font></p><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Year
Ended April 30, 2001 Compared to Year Ended April 30, 2000</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font size="2">Continuing
Operations</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
sales for the year ended April 30, 2001 decreased 18.7% to $212.9 million from
$261.9 million for the comparable period in 2000.  Net sales were adversely
impacted as demand for the Company&#8217;s towing and recovery equipment
continued to be negatively impacted by the cost pressures facing its customers
during the year ended April 30, 2001.</font></p><p align="center">
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Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Costs
of operations for the Company as a percentage of net sales increased to 85.3%
for the year ended April 30, 2001 compared to 84.2% for the comparable prior
year.  The increase as a percentage of net sales was primarily the result of
declines in sales volume as discussed above.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Selling,
general, and administrative costs decreased 9.3% to $20.7 million from $22.8
million for the comparable period of fiscal 2000.  As a percentage of sales
these costs increased slightly from 8.7% in fiscal 2000 to 9.7% in fiscal
2001.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company periodically reviews the carrying amount of the long-lived assets and
goodwill in both its towing services and towing and recovery equipment
businesses to determine if those assets may be recoverable based upon the future
operating cash flows expected to be generated by those assets.  As a result of
such review during the fourth quarter of fiscal 2000, the Company concluded that
projected cash flows from certain Company towing services markets and certain
equipment distributors were not fully recoverable.  Accordingly, the Company
recorded non-cash impairment charges of $69.1 million and $7.7 million in its
towing services and towing and recovery equipment segments, respectively.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
interest expense decreased $3.9 million to $2.1 from $6.0 million for fiscal
2000 primarily due to higher interest rates on the Company&#8217;s line of
credit facility.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
effective rate for the provision for income taxes for continuing operations was
29.7% for the year ended April 30, 2001 compared to 67.0% for the year ended
April 30, 2000.  The difference is due primarily to the impact of lower earnings
and impairment charges related to non-deductible goodwill.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued
Operations</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
sales of discontinued operations decreased $37.6 million from $320.2 million for
the year ended April 30, 2000 to $ 282.6 million for the year ended April 30,
2001. Net sales of the distribution group were $100.3 million for the year ended
April 30, 2001 compared to $112.3 million for the year ended April 30, 2000. Net
sales of the towing services segment were $182.3 million for the year ended
April 30, 2001 compared to $207.9 million for the year ended April 30, 2000. Net
sales of the distribution group were negatively impacted by cost pressures
facing its customers. Revenues in the towing services segment decreased
primarily due to the disposition of eleven underperforming markets during 2001,
as well as declines in revenues of certain other underperforming markets.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cost
of sales as a percentage of net sales for the distribution group was 91.3% for
the year ended April 30, 2001 compared to 91.1% for the year ended April 30,
2000. Cost of sales of the towing services increased 1.8% from 80.4% for the
year ended April 30, 2000 to 82.2% for the year ended April 30, 2001. The
increase as a percentage of sales was due to declines in revenue explained
above, coupled with increased labor and fuel costs. The increase was partially
offset by a reduction in insurance costs due to favorable claims and a return on
premium.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Selling,
general, and administrative expenses as a percentage of sales was 8.4% for the
distribution group and 19.9% for the towing services segment for the year ended
April 30, 2001 compared to 9.3% and 26.2%, respectively for the ended April 30,
2000. The decrease as a percentage of sales was primarily the result of
company-wide cost reduction efforts implemented in late fiscal 2000 and the
first quarter of 2001.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
the second quarter of 2000, the Company recorded special charges of $6.0 million
for the further rationalization of its towing services operations. These charges
included the cost of early termination of certain employment contracts and
facility leases, as well as losses on the disposal of certain excess equipment
and other property-related charges.</font></p><p align="center">
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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net
interest expense of discontinued operations increased $6.6 million from $8.0
million for the year ended April 31, 2000 to $14.6 million for the eight months
ended December 31, 2001 primarily due to higher interest rates on the
Company&#8217;s line of credit. </font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
effective rate for the provision for income taxes for discontinued operations
was 31.4% for the year ended April 30, 2001 compared to 20.6% for the year ended
April 30, 2000. </font></p><p>
<b><font size="2">LIQUIDITY AND CAPITAL RESOURCES</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&#8217;s primary capital requirements are for working capital, debt
service, and capital expenditures.  Since 1996, the Company has financed its
operations and growth from internally generated funds and debt financing.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash
provided by operating activities was $19.6 million for the year ended December
31, 2002 compared to $9.8 million for the eight months ended December 31, 2001,
$21.9 million for the year ended April 30, 2001 and $8.5 million for the year
ended April 30, 2000.  Cash provided by operations for the year ended December
31, 2002 included approximately $9.0 million of tax refunds received during the
year.  The cash provided by operating activities also reflects decreases in
inventory levels and accrued liabilities, partially offset by increases in
accounts receivable.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash
provided by investing activities was $18.3 million for the year ended December
31, 2002 compared to $0.2 million used in investing activities for the eight
months ended December 31, 2001, $8.3 million provided by investing activities
for the year ended April 30, 2001 and $7.6 million used in investing activities
for the year ended April 30, 2000.  The cash provided by investing activities
for the year ended December 31, 2002 was primarily the result of proceeds from
the sale of towing services operations.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash
used in financing activities was $44.4 million for the year ended December 31,
2002 compared to $6.3 million for the eight months ended December 31, 2001,
$29.1 million for the year ended April 30, 2001 and $4.0 million for the year
ended April 30, 2000.  The cash was used  almost entirely to reduce borrowings
under the Company&#8217;s credit facilities and other outstanding long-term debt
and capital lease obligations.</font></p><p>
<b><font size="2">2001 Credit Facility</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In July 2001, the Company entered into a&nbsp;
four year senior secured credit facility (the &#147;Senior Credit Facility&#148;) with a
syndicate of lenders to replace the existing credit facility.&nbsp;&nbsp;  As a part of this agreement, the
previous credit facility was reduced with proceeds from the Senior Credit
Facility and amended to provide for a $14.0 million subordinated secured
facility (the &#147;Junior Credit Facility&#148;).  The Senior Credit Facility originally consisted of an aggregate
$102.0 million revolving credit facility and an $8.0 million term loan.  On July
25, 2001, the Company borrowed $85.0 million under the new Senior Credit
Facility ($77.0 million under the revolving credit facility and $8.0 million
under the term loan).  Availability under the revolving Senior Credit Facility
is based on a formula of eligible accounts receivable, inventory and fleet
vehicles as separately calculated for the towing and recovery equipment segment
and the RoadOne segment, respectively.  Borrowings under the term loan are
collateralized by the Company&#8217;s property, plant, and equipment.  The
Company is required to make monthly amortization payments on the term loan of
$167,000.  The Senior Credit Facility bore interest at the option of the Company
at either the rate of LIBOR plus 2.75% or prime rate (as defined) plus 0.75% on
the revolving portion and LIBOR plus 3.00% or prime rate (as defined) plus 1.00%
on the term portion.</font></p><p align="center">
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<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Senior Credit Facility matures in July, 2005 and is collateralized by
substantially all the assets of the Company.  The Senior Credit Facility
contains requirements related to maintaining minimum excess availability at all
times and minimum quarterly levels of earnings before income taxes, depreciation
and amortization (as defined) and a minimum quarterly fixed charge coverage
ratio (as defined).  In addition, the Senior Credit Facility contains
restrictions on capital expenditures, incurrence of indebtedness, mergers and
acquisitions, distributions and transfers and sales of assets.  The Senior
Credit Facility also contains requirements related to weekly and monthly
collateral reporting. </font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
$14.0 million Junior Credit Facility is by its terms expressly subordinated only
to the Senior Credit Facility.  The Junior Credit Facility, under which $14.4
million was outstanding at December 31, 2002, matures on July 23, 2003 and bears
interest at 6.0% over the prime rate. There can be no
assurance that the Company will be able to repay or refinance the outstanding
principal and interest under the Junior Credit Facility on the maturity date
thereof.  If the Company fails to repay all outstanding principal, interest and
any other amounts due and owing under the Junior Credit Facility on the maturity
date, such failure will constitute an event of default under the Junior Credit
Facility and will also trigger an event of default under the Senior Credit
Facility cross-default provisions.  A total of $42.4 million (continuing and
discontinued operations) was outstanding under the Senior Credit Facility at
December 31, 2002.  In such case, the junior lender agent would be prevented
from taking any enforcement action against the Company, its subsidiaries or
their respective assets in respect of such event of default until the earlier
of: (i) the date which is 120 days (subject to extension to 270 days by notice
from senior lender agent to junior lender agent) after the date upon which the
junior lender agent gives notice of enforcement to the senior lender agent
pursuant to the terms of the Intercreditor Agreement; (ii) the acceleration of
the maturity of the obligations of the Company under the Senior Credit Facility
by the senior lender agent, and (ii) the commencement of any bankruptcy,
insolvency or similar proceeding against the Company or certain of its
subsidiaries.  The resulting event of default under the Senior Credit Facility
if the Company does not repay all of the obligations under the Junior Credit
Facility could result in the acceleration of the amounts due under the Senior
Credit Facility as well as other remedies if not waived by the senior lenders.
There is no assurance that the Company will be able to obtain such a waiver from
the senior lenders or a waiver from the junior lenders of any event of default
that would occur as a result of the failure by the Company to repay or refinance
the outstanding principal and interest under the Junior Credit Facility on the
maturity date. </font> <p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Junior Credit Facility is secured by certain specified assets of the Company and
by a second priority lien and security interest in substantially all other
assets of the Company.  The Junior Credit Facility contains requirements for
certain fees to be paid at six month intervals beginning in January, 2002 based
on the outstanding balance of the facility at the time.  The Junior Credit
Facility also contains provisions for the issuance of warrants for up to 0.5% of
the outstanding shares of the Company&#8217;s common stock in July, 2002 and up
to an additional 1.5% on July 23, 2003 with an exercise price equal to the then
fair market value of the Company&#8217;s common stock.  The number of warrants
which may be issued would be reduced pro rata as the balance of the Junior
Credit Facility is reduced.  On July 23, 2002, the Company issued 47,417
warrants for the purchase of common stock in conjunction with these related
provisions.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Junior Credit Facility contains requirements for the maintenance of certain
financial covenants and imposes restrictions on capital expenditures, incurrence
of indebtedness, mergers and acquisitions, distributions and transfers and sales
of assets. </font> <p align="center"><font face="Times New Roman" size="2">25<hr size="1" color="#000080" STYLE="page-break-after: always">
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Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outstanding
borrowings under the Senior and Junior Credit Facilities as of March 31, 2003
and as of December 31, 2001 were as follows (in thousands):</font></p>
<div align="center">
  <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111" height="136" width="477">
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="98" colspan="2" height="15" align="center" style="border-bottom-style: solid; border-bottom-width: 1" >
<p>
<font size="2">March 31, 2003</font></p>
</td>
<td width="44" height="15" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="110" colspan="2" height="15" align="center" style="border-bottom-style: solid; border-bottom-width: 1" >
<p>
<font size="2">December 31, 2001</font></p>
</td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">Senior Credit Facility</font></p>
</td>
<td width="98" colspan="2" rowspan="1" height="15" style="border-top-style: solid; border-top-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="110" colspan="2" rowspan="1" height="15" style="border-top-style: solid; border-top-width: 1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manufacturing</font></p>
</td>
<td width="32" rowspan="1" height="15" >
<p>
<font size="2">$</font></p>
</td>
<td width="66" height="15" align="right" >
<font size="2">31,897&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="41" rowspan="1" height="15" >
<p>
<font size="2">$ </font></p>
</td>
<td width="69" height="15" align="right" >
<font size="2">40,219&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Road One</font></p>
</td>
<td width="32" rowspan="1" height="1" >
<p>
<font size="2">$</font></p>
</td>
<td width="66" height="1" align="right" >
<font size="2">&nbsp;7,617&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="1" >
<font size="2">
&nbsp;</font></td>
<td width="41" rowspan="1" height="1" >
<p>
<font size="2">$ </font></p>
</td>
<td width="69" height="1" align="right" >
<font size="2">38,079&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Term Loan</font></p>
</td>
<td width="32" rowspan="1" height="15" style="border-bottom-style: solid; border-bottom-width: 1" >
<p>
<font size="2">$</font></p>
</td>
<td width="66" height="15" align="right" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">&nbsp;2,520&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="41" rowspan="1" height="15" style="border-bottom-style: solid; border-bottom-width: 1" >
<p>
<font size="2">$ </font></p>
</td>
<td width="69" height="15" align="right" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">7,165&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total</font></p>
</td>
<td width="32" rowspan="1" height="15" style="border-top-style: solid; border-top-width: 1" >
<p>
<font size="2">$</font></p>
</td>
<td width="66" height="15" align="right" style="border-top-style: solid; border-top-width: 1" >
<font size="2">42,034&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="41" rowspan="1" height="15" style="border-top-style: solid; border-top-width: 1" >
<p>
<font size="2">$ </font></p>
</td>
<td width="69" height="15" align="right" style="border-top-style: solid; border-top-width: 1" >
<font size="2">85,463&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="41" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="69" height="15" align="right" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">Junior Credit Facility</font></p>
</td>
<td width="32" rowspan="1" height="15" style="border-bottom-style: solid; border-bottom-width: 1" >
<p>
<font size="2">$</font></p>
</td>
<td width="66" height="15" align="right" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">13,707&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="41" rowspan="1" height="15" style="border-bottom-style: solid; border-bottom-width: 1" >
<p>
<font size="2">$ </font></p>
</td>
<td width="69" height="15" align="right" style="border-bottom-style: solid; border-bottom-width: 1" >
<font size="2">14,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="41" rowspan="1" height="15" style="border-top-style: solid; border-top-width: 1" >
<font size="2">
&nbsp;</font></td>
<td width="69" height="15" align="right" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="225" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">Total Outstanding Borrowings</font></p>
</td>
<td width="32" rowspan="1" height="15" style="border-bottom-style: double" >
<p>
<font size="2">$</font></p>
</td>
<td width="66" height="15" align="right" style="border-bottom-style: double" >
<font size="2">55,741&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" height="15" >
<font size="2">
&nbsp;</font></td>
<td width="41" rowspan="1" height="15" style="border-bottom-style: double" >
<p>
<font size="2">$ </font></p>
</td>
<td width="69" height="15" align="right" style="border-bottom-style: double" >
<font size="2">99,463&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
</tr>
</table></div>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These
substantial reductions in the Company&#8217;s overall indebtedness were due to
improved operating cost flow resulting from&nbsp;cost reductions and
expense controls.&nbsp; Dispositions of RoadOne
assets and operations improved liquidity and reduced expenses, and tax refunds of approximately $4.2 million during
the quarter ended June 30, 2002 and  $4.6 million during the quarter ended September 30, 2002,  were
used to  reduce debt.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2002
Amendments to the Credit Facility</font></i><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
February 28, 2002 the Company entered into a Forbearance Agreement and First
Amendment to the Senior Credit Facility with the lenders under the Senior Credit
Facility, as amended by that certain Amendment to Forbearance Agreement dated as
of March 18, 2002 and that certain Second Amendment to the Forbearance Agreement
dated as of March 29, 2002 (as so amended, the &#8220;Forbearance
Agreement&#8221;).  As a result of a revised asset appraisal conducted by the
senior lenders, the senior lenders determined that the amounts outstanding under
the Senior Credit Facility should be lowered below the amount then outstanding
under the Senior Credit Facility, causing the Company to be over-advanced on its
line of credit which resulted in the occurrence of an event of default under the
Senior Credit Facility and a corresponding event of default under the Junior
Credit Facility.  The Forbearance Agreement and subsequent amendments waived the
Company&#8217;s overadvance under the Senior Credit Facility and amended the
terms of the credit agreement to, among other things, (i) permanently reduce the
commitment levels to $42.0 million for the towing and recovery equipment segment
and $36.0 million for the RoadOne segment portion of the revolving credit
facility and $6,611,000 for the term loan facility, (ii) eliminate the
Company&#8217;s ability to borrow funds at a LIBOR rate of interest, and (iii)
increase the interest rate to a floating rate of interest equal to the prime
rate plus 2.75%.</p>
	</font>	<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
April 15, 2002 the Company entered into the Second Amendment to the Senior
Credit Facility, pursuant to which, among other things: (i) the senior lenders
waived the overadvance event of default and other events of default, (ii)
interest on advances will be charged at the prime rate (as defined) plus 2.75%
on the revolving portion and the term portion, subject to substantial upward
adjustments in the interest rate on and after certain specified dates based on
the amounts outstanding under the revolving loan commitment relating to RoadOne
(escalating at generally quarterly intervals from prime plus 4.50% as of October
1, 2002 to prime plus 14.00% as of April 1, 2005) and (iii) the revolving loan
commitment amount relating to RoadOne is subject to mandatory reductions over
time commencing August 12, 2002, which reductions will require a mandatory
repayment of portions of outstanding loans at specified dates and the failure to
timely make such repayments shall result in an event of default under the bank
credit agreements.  The RoadOne revolving commitment amount, which was set at
$36.0 million through the April 15, 2002 amendment was scheduled to be reduced
as follows:  August 12, 2002 - to $34.0 million; October 2, 2002 - to $30.0
million; March 31, 2003 - to $27.0 million; thereafter - quarterly reductions of
$3.0 million through June 30, 2005.  At the same time, the Company also amended
the Junior Credit Facility, pursuant to which, among other things, (i) the
junior lenders waived the events of default, and (ii) extended the time for
payment of certain scheduled amortization payments.  On April 15, 2002, the
junior lender agent, the senior lender agent and the Company entered into an
Amended and Restated  Intercreditor and Subordination Agreement (the
&#8220;Intercreditor Agreement&#8221;), pursuant to which, among other things,
subject to certain terms and conditions, the junior lenders have agreed to defer
the required payment of amortization payments under the Junior Credit Facility
until November 20, 2002, April 5, 2003 and May 20, 2003. </font>  <p align="center"><font face="Times New Roman" size="2">
26<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
September 13, 2002, the Company entered into the Third Amendment to Credit
Agreement in connection with its Senior Credit Facility.  Pursuant to the Third
Amendment, the amount of the mandatory periodic reductions in the RoadOne
revolving loan commitment amount, as established in the April 15, 2002 Second
Amendment to Senior Credit Agreement, were increased by amounts calculated based
on updated asset appraisals completed in September 2002.  Consequently, the
Company will need to repay outstanding loans and permanently reduce the RoadOne
loan commitment under its senior credit facility over the life of the loan and
prior to the maturity date.  Pursuant to the terms of the Second and Third
Amendments, the failure by the Company to repay outstanding loans and to reduce
the RoadOne revolving loan commitment by the amounts and the times required
pursuant to these amendments will result in increased interest rates on the
senior loans and/or the occurrence of an event of default under the senior
credit agreement.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, pursuant to the Third Amendment, the amount of availability that can
be generated for used inventory considered as eligible inventory for collateral
purposes was limited to $4.3 million (subject to downward adjustments upon
certain sales of assets and stock by the Company and certain of its
subsidiaries) through February 28, 2003 and reduced to $0 thereafter.
The Sixth Amendment<font color="#0000ff"><u>
</u></font>(discussed below under 2003 Amendments) lowered the $4.3 million
limit and eliminated the further requirement for reduction to
$0 after February 28, 2003.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
November 14, 2002, the Company entered into the Fourth Amendment to the Senior
Credit Facility, which granted waivers from the senior lenders of violations of
certain financial covenants for the quarter ended September 2002.  There were no
violations under the Junior Credit facility.  The Amendment also reduced the
level of certain financial covenants for future periods, basing them strictly on
the results of the towing and recovery equipment segment for those periods.  In
addition, the amendment revised the RoadOne revolving commitment amount based on
the plan to sell all remaining towing service operations, reducing the
commitment amount to $15.0 million at November 30, 2002, $12.0 million at
December 31, 2002, $9.0 million at January 31, 2003, $6.0 million at February
28, 2003 and reducing to zero as of March 31, 2003.</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2003
Amendments to Credit </font> </i><font size="2">Facility</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
February 28, 2003, the Company entered into the Fifth Amendment to the Senior
Credit Facility.  Pursuant to the Fifth Amendment, the date upon which the
amount of certain used inventory taken in trade for collateral purposes is
reduced to $-0- was extended from February 28, 2003 to March 31, 2003.  In
addition, the Fifth Amendment revised the RoadOne revolving commitment, reducing
the amount to $9.0 million at February 28, 2003 and $-0- as of March 31,
2003.</font></p><p align="center"><font face="Times New Roman" size="2">27<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
April 1, 2003, the Company entered into the Sixth Amendment to the Senior
Credit Facility.  The Sixth Amendment, among other things,
revised the RoadOne revolving
commitment, extending by one year the time for the reduction thereof to $-0-
from March 31, 2003 to March 31, 2004.  The amount of
availability that can be generated for used inventory
considered as eligible inventory for collateral purposes was reduced to $2.7
million with no further required reductions.  The Sixth Amendment also extended
the time for required delivery of the Company&#8217;s
annual financial reports for fiscal
year ended December 31, 2002 and certain related items from March 31, 2003 to April 30,
2003.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Meeting
the new repayment schedule for the RoadOne revolving commitments as described
above under Amendments to the Credit Facilities, will require that the Company
sell its towing services businesses according to its contemplated schedule on
acceptable terms.  While the Company believes its timetable for sales is
achievable there can be no assurance that the schedule can be met.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition to the borrowings under the Senior and Junior Credit Facilities
described above, the Company had approximately $5.2 million of mortgage notes
payable, equipment notes payable and other long-term obligations at December 31,
2002.  The Company also had approximately $18.2 million in noncancellable
operating lease obligations, approximately, $17.6 million of which relates to
truck and building leases of discontinued operations.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company is currently in default under both the Senior and Junior Credit Facility
as a result of the &#8220;going concern&#8221; explanatory paragraph included in
the auditors&#8217; report as well as the failure to file this Annual Report
prior to April 30, 2003.  Additionally, the Company is in default of the EBITDA
covenant under the Junior Credit Facility only for the first quarter of calendar
2003.  The Company is currently not pursuing a waiver of the default or an
amendment to the Credit Facilities to cure the default.  The Company has had
informal discussions with its creditors indicating that the creditors will not
take action against the Company as a result of the default.  However, there can
be no assurance that the creditors will not pursue action in the future as a
result of this default or any other default under the Credit Facilities.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Failure
to achieve the Company&#8217;s revenue and income projections, or to sell towing
services operations for the prices and on the timetable contemplated, could
result in failure to comply with the amended debt service requirements.  Such
non-compliance would result in an event of default, which if not waived by the
lending groups, would result in the acceleration of the amounts due under the
Senior Credit Facility as well as other remedies.  Under these circumstances the
Company could be required to find alternative funding sources, such as sale of
assets or other financing sources.  If the Company were unable to refinance the
Senior Credit Facility on acceptable terms or find an alternative source of
repayment for the Senior Credit Facility, the Company&#8217;s business and
financial condition would be materially and adversely affected.  There is no
assurance that the Company would be able to obtain any such refinancing or that
it would be able to sell assets on terms that are accepted to the Company or at
all.  If the Company is not successful in its efforts to refinance or extend the
maturity date of the Junior Credit Facility, the Company would likely be
required to seek bankruptcy court or other protection from its creditors.</font></p><p align="center"><font face="Times New Roman" size="2">
28<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Instruments</font></b></p>
<p><font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SFAS No. 133, &#8220;Accounting for Derivative Instruments and Hedging Activities&#8221;, as amended, is effective for fiscal years beginning after June 15, 2000.  SFAS No. 133 establishes accounting and reporting standards requiring that every derivative instrument (including certain derivative instruments embedded in other contracts) be recorded in the balance sheet as either an asset or liability measured at its fair value.  SFAS
No. 133 requires that changes in the derivative&#146;s fair value be recognized
currently in earnings unless specific hedge accounting criteria are met. Special
accounting for qualifying hedges allows a derivative&#146;s gains and losses to
offset related results on the hedged item in the income statement, and requires
that a company must formally document, designate, and assess the effectiveness
of transactions that receive hedge accounting.</font></p>
<p><font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In October 2001, the Company obtained interest rate swaps
as required by terms in its Senior Credit Facility to hedge exposure to market
fluctuations. The interest rate swaps cover $40.0 million in notional amounts of
variable rate debt and with fixed rates ranging from 2.55% to 3.920%. The swaps
expire annually from October 2002 to October 2004. The hedges were deemed to be
fully effective resulting in a pretax loss of $12,000 recorded in Other
Comprehensive Loss at December 31, 2001. Upon expiration of these hedges, the
amount recorded in Other Comprehensive Loss will be reclassified into earnings
as interest. Subsequent to year end, the borrowing base was converted from LIBOR
to prime, which rendered the swap ineffective as a hedge. Accordingly,
concurrent with the conversion the Company prematurely terminated the swap in
February 2002 at a cost of $341,000. The resulting loss will be recorded in
Other Comprehensive Loss in February 2002 and reclassified to earnings as
interest expense over the term of the Senior Credit Facility.
</font></p>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Junior Credit Facility contains provisions for the issuance of warrants of up to
0.5% of the outstanding shares of the Company&#8217;s common stock on July 2002
and up to an additional 1.5% in July 2003.  The warrants were valued as of July
2001 based on the relative fair value using the Black Scholes model with the
following assumptions:  risk-free rate of 4.9% estimated life of 7 years, 72%
volatility and no dividend yield.  Accordingly, the Company has recorded a
liability and makes periodic mark to market adjustments, which are reflected in
the accompanying consolidated statement of operations in accordance with EITF
Issue 00-19, &#8220;Accounting for Derivative Financial Instruments Indexed to,
and Potentially Settled in, a Company&#8217;s Own Stock.  At December 31, 2002,
the related liability was $362,638 and is included in accrued liabilities in the
accompanying consolidated financial statements.</font></p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>&nbsp;&nbsp;&nbsp;Recent Accounting Pronouncements&nbsp;</b></font><p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In April 2002, the FASB issued SFAS No. 145, &#8220;Rescission of SFAS Nos. 4, 44, and 64, Amendment of SFAS No. 13, and Technical Corrections as of April 2002.&#8221;  This Statement rescinds SFAS No. 4, &#8220;Reporting Gains and Losses from Extinguishment of Debt&#8221;, and an amendment of that Statement, SFAS No. 64, &#8220;Extinguishments of Debt Made to Satisfy Sinking-Fund Requirements&#8221;.  This Statement also rescinds SFAS No. 44, &#8220;Accounting for Intangible Assets of Motor Carriers&#8221;.  This Statement amends SFAS No. 13, &#8220;Accounting for Leases&#8221;, to eliminate an inconsistency between the required accounting for sale-leaseback transactions and the required accounting for certain lease modifications for sale-leaseback transaction and the required accounting for certain lease modifications that have economic effects that are similar to sale-leaseback transactions.  SFAS No. 145 will be effective
 for fiscal 2003, which begins January 1, 2002.  Management does not expect the adoption of this statement to have a material impact on the Company&#8217;s results of operations of financial position.&nbsp;</font></p>
<p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FASB has issued SFAS No. 146, &#8220;Accounting for Exit or Disposal Activities&#8221;. SFAS No. 146 addresses the recognition, measurement, and reporting of costs that are associated with exit and disposal activities, including costs related to terminating a contract that is not a capital lease and termination benefits that employees who are involuntarily terminated receive under the terms of a one-time benefit arrangement that is not an ongoing benefit arrangement or an individual deferred-compensation contract. SFAS No. 146 supersedes Emerging Issues Task Force Issue No. 94-3, &#8220;Liability Recognition for Certain Employee Termination Benefits and Other Costs to Exit an Activity (including Certain Costs Incurred in a Restructuring)&#8221; and requires liabilities associated with exit and disposal activities to be expensed as incurred. SFAS No. 146 will be effective for exit or disposal activities of the Company that are
 initiated after December 31, 2002.
</font>	</p>
<p align="center"><font face="Times New Roman" size="2">29<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2"><a name="ITEM 8."><b>ITEM
</b></font><font size="2"><b>8.&nbsp;</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FINANCIAL
STATEMENTS AND SUPPLEMENTARY DATA</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
response to this item is included in Part IV, Item 14 of this Report.</font></p><p>
<font size="2"><a name="ITEM 9."><b>ITEM
</b></font><font size="2"><b>9.</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHANGES
IN AND DISAGREEMENTS WITH ACCOUNTANTS ON<br>
&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;ACCOUNTING AND FINANCIAL
DISCLOSURE</b></font></p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company engaged PricewaterhouseCoopers LLP as its principal
accountants and dismissed its former principal accountants, Arthur Andersen LLP,
effective November 30, 2001. The decision to change accountants was approved by
the Audit Committee of the Company on November 30, 2001. This matter was
previously reported on a Form 8-K filed December 6, 2001 and amended December
14, 2001.</font><p align="center">
<b><font size="2">PART III</font></b><p>
<font size="2"><a name="ITEM 10."><b>ITEM
</b></font><font size="2"><b>10.&nbsp;&nbsp;</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DIRECTORS
AND EXECUTIVE OFFICERS OF THE REGISTRANT</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to Instruction 3 to Paragraph (b) of Item 401 of Regulation S-K, information
relating to the executive officers of the Registrant is included in Item 1 of
this Report.</font></p><p align="center"><font face="Times New Roman" size="2">30<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Below
is a list of the Company&#8217;s current Board of Directors, as well as
background information about each director.</font></p align="center">
<div>
  <table border=0 cellpadding=5 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" >
<tr valign="top">
<td width="174.666623" colspan="1" rowspan="1" >
<p align="center">
<b><u><font size="2">Name of Director</font></u></b></p align="center">
</td>
<td width="486.666545" colspan="1" rowspan="1" >
<p align="center">
<b><u><font size="2">Background Information</font></u></b></p align="center">
</td>
</tr>
<tr valign="top">
<td width="174.666623" colspan="1" rowspan="1" >
<p>
<font size="2">Jeffrey I. Badgley</font></p>
</td>
<td width="486.666545" colspan="1" rowspan="1" >
<p>
<font size="2">Mr. Badgley, 51, 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-Sales of Miller Industries Towing
Equipment Inc. from 1988 to 1996.  He previously served as Vice President-Sales
and Marketing of Challenger Wrecker Corporation (&#8220;Challenger
Wrecker&#8221;), from 1982 until joining Miller Industries Towing Equipment
Inc.</font></p>
</td>
</tr>
<tr valign="top">
<td width="174.666623" colspan="1" rowspan="1" >
<p>
<font size="2">A. Russell Chandler, III</font></p>
</td>
<td width="486.666545" colspan="1" rowspan="1" >
<p>
<font size="2">Mr. Chandler, 58, has served as a director of the Company since
April 1994. He 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></p>
</td>
</tr>
<tr valign="top">
<td width="174.666623" colspan="1" rowspan="1" >
<p>
<font size="2">Paul E. Drack</font></p>
</td>
<td width="486.666545" colspan="1" rowspan="1" >
<p>
<font size="2">Mr. Drack, 74, 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></p>
</td>
</tr>
<tr valign="top">
<td width="174.666623" colspan="1" rowspan="1" >
<p>
<font size="2">William G. Miller</font></p>
</td>
<td width="486.666545" colspan="1" rowspan="1" >
<p>
<font size="2">Mr. Miller, 56, has served as Chairman of the Board since April 1994.  From
January 2002 to August 2002, Mr. Miller served as the Chief Executive Officer of
Team Sports Entertainment, Inc., as well as Team Sports Entertainment&#8217;s
subsidiary, Team Racing Auto Circuit.  Mr. Miller 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&#8217;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></p>
</td>
</tr>
<tr valign="top">
<td width="174.666623" colspan="1" rowspan="1" >
<p>
<font size="2">Richard H. Roberts</font></p>
</td>
<td width="486.666545" colspan="1" rowspan="1" >

<p><font size="2" face="Times New Roman">
Mr. Roberts, 49,
has served as a director of the Company since April 1994.&nbsp; Mr.&nbsp;Roberts currently
serves as Senior Vice President, Landair Transport, Inc., a position he has held
since August 1994.&nbsp; From August 1994 until July 2002, Mr. Roberts served as
General Counsel and Secretary of Forward Air Corporation and Landair
Corporation.&nbsp; From May 1995 until May 2002 Mr. Roberts served as s director of
Forward Air Corporation.&nbsp; Mr. Roberts also a held similar position with Landair
Corporation from September 1998 until February 2003.&nbsp; 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.&nbsp; </font></p>

</td>
</tr>
</table></div>
<p align="center"><font face="Times New Roman" size="2">31<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<b><font size="2">Compliance With Section 16(a) of the Securities Exchange Act of 1934</font></b></p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 2002 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>
<b><font size="2"><a name="ITEM 11.">ITEM 11.&nbsp;&nbsp;</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EXECUTIVE
COMPENSATION</font></b><p>
<b><font size="2">Summary Compensation Table</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth certain information for the fiscal year ended
December 31, 2002, the eight month transition period ended December 31, 2001
(noted as &#8220;Trans. Per.&#8221;) and each of the last three fiscal years
ended April 30, 2001, 2000 and 1999 of the Company concerning compensation paid
by the Company and its subsidiaries to the Company&#8217;s Chief Executive
Officer and to each of the Company&#8217;s other most highly compensated
executive officers as of December 31, 2002 who earned in excess of $100,000 in
salary and bonus during the fiscal 2002 (collectively, the &#8220;Named
Executive Officers&#8221;).</font></p>
<div>
  <div align="center">
    <center>
    <table border=0 cellspacing =0 width="655" style="border-collapse: collapse" bordercolor="#111111" >
<tr valign="top">
<td width="261" valign="bottom" style="border-style: none; border-width: medium" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="15" valign="bottom" style="border-left-style: none; border-left-width: medium; border-right-style: none; border-right-width: medium" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" align="center" style="border-style: none; border-width: medium" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="14" valign="bottom" align="center" style="border-left-style: none; border-left-width: medium" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td valign="bottom" align="center" style="border-bottom-style: solid; border-bottom-width: 1" colspan="3" bgcolor="#FFF3CE" >
<b><font size="2">Annual<br>
Compensation<sup>(1)</sup></font></b></td>
<td width="15" valign="bottom" align="center" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="168" valign="bottom" align="center" style="border-bottom-style: solid; border-bottom-width: 1" colspan="3" bgcolor="#FFF3CE" >
<font size="2"><b>Long Term<br>
Compensation<br>
Awards</b></font></td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<b><font size="2">Name and Principal Position</font></b></td>
<td width="15" valign="bottom" >
<font size="2"><b>&nbsp;</b></font></td>
<td width="60" valign="bottom" align="center" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<b><font size="2">Year</font></b></td>
<td width="14" valign="bottom" align="center" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" align="center" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<b><font size="2">Salary ($)</font></b></td>
<td width="13" valign="bottom" align="center" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" align="center" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<b><font size="2">Bonus ($)</font></b></td>
<td width="15" valign="bottom" align="center" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" align="center" style="border-bottom-style: solid; border-bottom-width: 1" >
<p>
<b><font size="2">Securities</font></b><font size="2"><br><b>underlying</b><br><b>Options
(#)</b></font></p>
</td>
<td width="15" valign="bottom" align="center" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" align="center" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="center">
<b><font size="2">All Other</font></b><font size="2"><br></font><b>
<font size="2">Compensation<br>
($)</font></b></td>
</tr>
<tr valign="top">
<td width="261" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">William G. Miller</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="60" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">2002</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="45" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<p align="right" style="margin-top: 3">
<font size="2">$180,000</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="64" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="65" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="88" style="border-top-style: solid; border-top-width: 1" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman</font></p>
</td>
<td width="15" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" >
<p align="center" style="margin-top: 3">
<font size="2">Trans. Per.</font></p align="center">
</td>
<td width="14" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="45" colspan="1" rowspan="1" >
<p align="right" style="margin-top: 3">
<font size="2">120,000</font></p align="right">
</td>
<td width="13" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="64" rowspan="1" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="65" colspan="1" rowspan="1" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="88" colspan="1" rowspan="1" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">
&nbsp;</font></td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>

<td width="60" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">2001</font></p align="center">
</td>

<td width="14" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>

<td width="45" bgcolor="#FFF3CE" >
<p align="right" style="margin-top: 3">
<font size="2">180,000</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>

<td width="64" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>

<td width="65" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>

<td width="88" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" rowspan="1" >
<p style="margin-top: 3">
<font size="2">
&nbsp;</font></td>
<td width="15" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" >
<p align="center" style="margin-top: 3">
<font size="2">2000</font></p align="center">
</td>
<td width="14" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="45" colspan="1" rowspan="1" >
<p align="right" style="margin-top: 3">
<font size="2">180,000</font></p align="right">
</td>
<td width="13" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="64" rowspan="1" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="65" colspan="1" rowspan="1" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" rowspan="1" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="88" colspan="1" rowspan="1" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">1999</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" >
<p align="right" style="margin-top: 3">
<font size="2">180,000</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 3">
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 3">
<font size="2">-</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="15" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="60" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="14" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="45" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="13" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="64" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="15" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="65" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="15" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="88" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" valign="bottom" >
<p>
<font size="2">Jeffrey I. Badgley</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">2002</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">276,210</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">45,000</font><sup><font size="2">(2)</font></sup></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">$ 1,496</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President
and Chief Executive </font> </p>
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<p align="center">
<font size="2">Trans.Per.</font></p align="center">
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<p align="right">
<font size="2">184,133</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<p align="right">
<font size="2">8,000&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<p align="right">
<font size="2">1,726</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" valign="bottom" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Officer</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">2001</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">266,667</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">8,928</font><sup><font size="2">(5)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<p align="center">
<font size="2">2000</font></p align="center">
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<p align="right">
<font size="2">245,833</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<p align="right">
<font size="2">16,000&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<p align="right">
<font size="2">1,424</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" valign="bottom" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">1999</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">191,667</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">60,000</font><sup><font size="2">(2)</font></sup></p align="right">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">120,000</font><sup><font size="2">(4)</font></sup></p align="right">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">1,653</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<p align="right">
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" valign="bottom" >
<p>
<font size="2">Frank Madonia</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">2002</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">196,207</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">22,000</font><sup><font size="2">(2)</font></sup></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">1,717</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive
Vice President, Secretary </font> </p>
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<p align="center">
<font size="2">Trans. Per.</font></p align="center">
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<p align="right">
<font size="2">130,800</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<p align="right">
<font size="2">5,000&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<p align="right">
<font size="2">1,308</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" valign="bottom" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and
General Counsel</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">2001</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">191,667</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">6,628</font><sup><font size="2">(3)(6)</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<p align="center">
<font size="2">2000</font></p align="center">
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<p align="right">
<font size="2">178,333</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<p align="right">
<font size="2">12,000&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<p align="right">
<font size="2">1,762</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">1999</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">145,625</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">48,333</font><sup><font size="2">(2)</font></sup></p align="right">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">90,000</font><sup><font size="2">(4)</font></sup></p align="right">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">1,592</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<font size="2">
&nbsp;</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<p>
<font size="2">J. Vincent Mish</font></p>
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<p align="center">
<font size="2">2002</font></p align="center">
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<p align="right">
<font size="2">176,206</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="right">
<font size="2">22,000</font><sup><font size="2">(2)</font></sup></p align="center">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<p align="right">
<font size="2">1,628</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" valign="bottom" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice
President, Chief </font> </p>
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">Trans. Per.</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">117,467</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">5,000&nbsp;&nbsp;&nbsp;</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">1,067</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Officer and President of </font> </p>
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<p align="center">
<font size="2">2001</font></p align="center">
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<p align="right">
<font size="2">163,333</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="right">
<font size="2">30,000</font><sup><font size="2">(2)</font></sup></p align="center">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<p align="right">
<font size="2">6,222</font><sup><font size="2">(3)(7)</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" bgcolor="#FFF3CE" valign="bottom" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Financial Services Group</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">2000</font></p align="center">
</td>
<td width="14" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">153,333</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" bgcolor="#FFF3CE" valign="bottom" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">12,000&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="15" bgcolor="#FFF3CE" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" bgcolor="#FFF3CE" valign="bottom" >
<p align="right">
<font size="2">1,312</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
<tr valign="top">
<td width="261" valign="bottom" >
<font size="2">_________________</font></td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<p align="center">
<font size="2">1999</font></p align="center">
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="45" valign="bottom" >
<p align="right">
<font size="2">120,000</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="right">
<font size="2">48,333</font><sup><font size="2">(2) </font>  </sup></p align="right">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" >
<p align="right">
<font size="2">7,500&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="88" valign="bottom" >
<p align="right">
<font size="2">1,205</font><sup><font size="2">(3)&nbsp;&nbsp;&nbsp;&nbsp;</font></sup></p align="center">
</td>
</tr>
</table></center>
  </div>
</div>
<p align="center"><font face="Times New Roman" size="2">
32<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><table border="0" cellpadding="3" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="668">
  <tr>
    <td width="30" valign="top">
<font size="2">(1)</font></td>
    <td width="638">
<font 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></td>
    </tr>
    <tr>
      <td width="30" valign="top">
<font size="2">(2)</font></td>
      <td width="638">
<font 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></td>
      </tr>
      <tr>
        <td width="30" valign="top">
<font size="2">(3)</font></td>
        <td width="638">
<font size="2">Consists of a matching contribution made to the executive&#146;s
        account in the Company&#146;s 401(k) Plan.</font></td>
        </tr>
        <tr>
          <td width="30" valign="top">
<font size="2">(4)</font></td>
          <td width="638">
<font size="2">Issued in connection with employment agreements entered into in
          September 1998, as further described under the heading &#147;Employment
          Contracts, Termination of Employment, Severance and Change-in-Control
          Arrangements&#148; below.</font></td>
          </tr>
          <tr>
            <td width="30" valign="top">
<font size="2">(5)</font></td>
            <td width="638">
<font 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></td>
            </tr>
            <tr>
              <td width="30" valign="top">
<font size="2">(6)</font></td>
              <td width="638">
<font 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></td>
              </tr>
              <tr>
                <td width="30" valign="top">
<font size="2">(7)</font></td>
                <td width="638">
<font 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></td>
                </tr>
              </table>
              <p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No options were granted to or exercised by the Named Executive Officers during
2002.</font></p><p>
<b><font size="2">Option Values as of December 31, 2002</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table summarizes certain information regarding option values of
the Named Executive Officers as of the end of December 31, 2002. </font> </p>
<div><table border=0 cellpadding=0 cellspacing =0 width="689" >
<tr valign="top">
<td width="215" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Name</font></p>
</td>
<td width="46" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="197" colspan="3" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">No. of Securities Underlying<br>Unexercised
Options at<br>Fiscal Year End</font></p>
</td>
<td width="46" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="231" colspan="3" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Value of Unexercised<br>In-the-Money
Options<br>At Fiscal Year End(1)</font></p>
</td>
</tr>
<tr valign="top">
<td width="215" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="46" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="85" colspan="1" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Exercisable</font></p>
</td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="98" colspan="1" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Unexercisable</font></p>
</td>
<td width="46" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="99" colspan="1" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Exercisable</font></p>
</td>
<td width="24" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="108" colspan="1" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Unexercisable</font></p>
</td>
</tr>
<tr valign="top">
<td width="215" bgcolor="#FFF3CE" >
<p>
<font size="2">William G. Miller</font></p>
</td>
<td width="46" align="center" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="85" align="center" bgcolor="#FFF3CE" >
<font size="2">- </font>	</td>
<td width="14" align="center" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="98" align="center" bgcolor="#FFF3CE" >
<font size="2">- </font>	</td>
<td width="46" align="center" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="99" align="center" bgcolor="#FFF3CE" >
<font size="2">&nbsp;&nbsp;- </font>	</td>
<td width="24" align="center" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="108" align="center" bgcolor="#FFF3CE" >
<font size="2">&nbsp;&nbsp;- </font>	</td>
</tr>
<tr valign="top">
<td width="215" colspan="1" rowspan="1" >
<p>
<font size="2">Jeffrey I. Badgley</font></p>
</td>
<td width="46" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="85" align="center" >
<font size="2">69,786 </font>	</td>
<td width="14" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="98" align="center" >
<font size="2">6,800 </font>	</td>
<td width="46" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="99" align="center" >
<font size="2">$ 720</font></td>
<td width="24" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="108" align="center" >
<font size="2">$ 2,160</font></td>
</tr>
<tr valign="top">
<td width="215" bgcolor="#FFF3CE" >
<p>
<font size="2">Frank Madonia</font></p>
</td>
<td width="46" align="center" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="85" align="center" bgcolor="#FFF3CE" >
<font size="2">57,936 </font>	</td>
<td width="14" align="center" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="98" align="center" bgcolor="#FFF3CE" >
<font size="2">4,350 </font>	</td>
<td width="46" align="center" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="99" align="center" bgcolor="#FFF3CE" >
  <font size="2">&nbsp;&nbsp;&nbsp;450</font></td>
<td width="24" align="center" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="108" align="center" bgcolor="#FFF3CE" >
 <font size="2">&nbsp;&nbsp;&nbsp;1,350</font></td>
</tr>
<tr valign="top">
<td width="215" colspan="1" rowspan="1" >
<p>
<font size="2">J. Vincent Mish</font></p>
</td>
<td width="46" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="85" align="center" >
<font size="2">41,436 </font>	</td>
<td width="14" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="98" align="center" >
<font size="2">4,350 </font>	</td>
<td width="46" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="99" align="center" >
 <font size="2">&nbsp;&nbsp;&nbsp;450</font></td>
<td width="24" align="center" >
<font size="2">
&nbsp;</font></td>
<td width="108" align="center" >
 <font size="2">&nbsp;&nbsp;&nbsp;1,350</font></td>
</tr>
</table></div>
<p>
<font size="2">_____________________</font><div align="left">
  <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="672">
  <tr>
    <td width="38" valign="top">
<font size="2">(1)</font></td>
    <td width="634">
<font size="2">As
required by the rules of the Securities and Exchange Commission, the value of
unexercised in-the-money options for the Common Stock is calculated based on the
closing sale price on the New York Stock Exchange as of December 31, 2002, which
was $3.41 per share. </font>  </td>
    </tr>
  </table>
  </div>
  <p>
<b><font size="2">Compensation Committee Report on Executive Compensation</font></b><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Overview.</font></i><font size="2">
The Company&#8217;s general compensation policies on executive officer
compensation are administered by the Compensation Committee (the
&#8220;Committee&#8221;) 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>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
three components of executive officer compensation are base salary, annual cash
bonus awards and stock option grants.  In addition to the Committee&#8217;s
determinations on base salary and bonus award, the Committee administers the
Company&#8217;s 1994 stock option plan (&#8220;1994 Plan&#8221;) and recommends
to the Board of Directors the options to be granted to executive officers.  In
fiscal 2002, none of the Named Executive Officers were granted stock options.</font></p><p align="center"><font face="Times New Roman" size="2">
  33<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company believes that its executive compensation policy should be reviewed
annually and should be reviewed in light of the Company&#8217;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>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Option
Grants.</font></i><font size="2">  The Company uses grants of options to better align the interests of
the Company&#8217;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.  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.  During 2002, the Company did not grant options to
employees and executive officers under the 1994 Plan </font> <p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salaries.</font></i><font size="2">
During 2002, the Committee reviewed the salaries of all executive officers and
the established levels of participation of those officers in the Company&#8217;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&#8217;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><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employment
Agreements</font></i><font size="2">.  As a result of an executive compensation study conducted during
fiscal 1999 by the Compensation Committee with the assistance of an independent
consulting firm specializing in these matters, the Company began the incremental
process of increasing the compensation of its executive officers by entering
into the employment agreements described under &#8220;Employment Contracts,
Termination of Employment, Severance and Change in Control Arrangements&#8221;,
providing for the salary increases and the option grants reflected in such
agreements.  Each of Messrs. Badgley, Miller, Madonia and Mish is a party to an
employment agreement with the Company or a subsidiary of the Company, which is
described under &#8220;Employment Contracts, Termination of Employment,
Severance and Change-in-Control Arrangements.&#8221;</font></p><p>
<i><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal
Income Tax Deductibility Limitation on Executive Compensation.</font></i><font size="2">  Section
162(m) of the Internal Revenue Code was enacted as part of the 1993 Omnibus
Budget Reconciliation Act (&#8220;OBRA&#8221;) and generally disallows a
corporate deduction for compensation over $1,000,000 paid to the Company&#8217;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 &#8220;performance based&#8221;
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).<br>
&nbsp;</font><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="698">
    <tr>
      <td width="377"><font size="2">&nbsp;</font></td>
      <td width="321">
<font size="2">Paul E. Drack<br>A. Russell Chandler, III<br>Richard H. Roberts</font></td>
      </tr>
    </table>
    <p align="center">
<font size="2">&nbsp;&nbsp;</font><font face="Times New Roman" size="2">34<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<b><font size="2">Performance Graph</font></b><p align="center">
<img border="0" src="chart1.gif" width="647" height="403"><p>
&nbsp;<Table border="0" cellspacing="0" cellpadding="2" width="671" style="border: medium none" fpTblFormat="17;110101100">
<TR VALIGN="bottom">
<TD ALIGN="right" width="55" style="border: medium none; background-color: white">
<FONT FACE="Arial" size="2">&nbsp;</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="172">
<FONT FACE="Arial" size="2">&nbsp;</FONT></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="52">
<b><FONT FACE="Arial" size="2">4-30-96</FONT></b></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="52">
<b><FONT FACE="Arial" size="2">4-30-97</FONT></b></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="52">
<b><FONT FACE="Arial" size="2">4-30-98</FONT></b></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="53">
<b><FONT FACE="Arial" size="2">4-30-99</FONT></b></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="53">
<b><FONT FACE="Arial" size="2">4-28-00</FONT></b></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="53">
<b><FONT FACE="Arial" size="2">4-30-01</FONT></b></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="68">
<b><FONT FACE="Arial" size="2">12-31-01</FONT></b></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:medium none; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="69">
<b><FONT FACE="Arial" size="2">12-31-02</FONT></b></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="right" width="55" style="border-left: medium none; border-right: medium none; border-top: .75pt solid black; border-bottom: medium none; background-color: white">
<FONT FACE="Arial" size="2">&nbsp;</FONT></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="172">
<FONT FACE="Arial" size="2">Miller Industries, Inc.</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">100</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">128</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">85</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">54</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">37</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">8</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:_(* #,##0_)[semicolon]_(* (#,##0)[semicolon]_(* [dquote]-[dquote]??_)[semicolon]_(@_); background-color:white" width="68">
<FONT FACE="Arial" size="2">               7 </FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="69">
<FONT FACE="Arial" size="2">7</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="left" width="55" style="border-left: medium none; border-right: medium none; border-top: .75pt solid black; border-bottom: medium none; background-color: white">
<FONT FACE="Arial" size="2">A</FONT></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="172">
<FONT FACE="Arial" size="2">NYSE Composite Index</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">100</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">119</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">164</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">181</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">184</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">181</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:_(* #,##0_)[semicolon]_(* (#,##0)[semicolon]_(* [dquote]-[dquote]??_)[semicolon]_(@_); background-color:white" width="68">
<FONT FACE="Arial" size="2">           168 </FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="69">
<FONT FACE="Arial" size="2">135</FONT></TD>
</TR>
<TR VALIGN="bottom">
<TD ALIGN="left" width="55" style="border-left: medium none; border-right: medium none; border-top: .75pt solid black; border-bottom: medium none; background-color: white">
<FONT FACE="Arial" size="2">B</FONT></TD>
<TD ALIGN="left" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:m/d/yyyy; background-color:white" width="172">
<FONT FACE="Arial" size="2">S &amp; P Composite Index</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">100</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">124</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="52">
<FONT FACE="Arial" size="2">194</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">221</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">169</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="53">
<FONT FACE="Arial" size="2">160</FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:_(* #,##0_)[semicolon]_(* (#,##0)[semicolon]_(* [dquote]-[dquote]??_)[semicolon]_(@_); background-color:white" width="68">
<FONT FACE="Arial" size="2">           206 </FONT></TD>
<TD ALIGN="right" STYLE="border-left:.75pt solid black; border-right:medium none; border-top:.75pt solid black; border-bottom:medium none; vnd.ms-excel.numberformat:0; background-color:white" width="69">
<FONT FACE="Arial" size="2">174</FONT></TD>
</TR>
</Table>
<p align="left">
&nbsp;<table border="0" cellpadding="5" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="622">
  <tr>
    <td width="38" valign="top">
    <p ALIGN="LEFT"><font FACE="Arial" SIZE="2">A</font></td>
    <td width="584">
    <p ALIGN="LEFT"><font FACE="Arial" SIZE="2">The New York Stock Exchange
    revised the NYSE Composite Index as of December 31, 2002. The change
    recalibrated the base year as December 31, 2002. </font></td>
  </tr>
  <tr>
    <td width="38" valign="top">
    <p ALIGN="LEFT"><font FACE="Arial" SIZE="2">B</font></td>
    <td width="584">
    <p ALIGN="LEFT"><font FACE="Arial" SIZE="2">For the year ended December 31,
    2002, the S&amp;P 500 Composite transferred the Heavy Duty Trucks &amp; Parts
    indices to the S&amp;P 500 - Construction &amp; Farm Machinery &amp; Heavy Trucks.</font></td>
  </tr>
</table>
<p align="center">
<font face="Times New Roman" size="2">
35<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2"><a name="ITEM 12."><b>ITEM
</b></font><font size="2"><b>12.</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of determining the aggregate market value of the Registrant&#8217;s
voting stock held by nonaffiliates, shares held by all current directors and
executive officers of the Registrant have been excluded.  The exclusion of such
shares is not intended to, and shall not, constitute a determination as to which
persons or entities may be &#8220;affiliates&#8221; of the Registrant as defined
by the Securities and Exchange Commission.</font></p><p>
<b><font size="2">Security Ownership of Certain Beneficial Owners and Management</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following table sets forth, as of March 14, 2003, certain information with
respect to (a) all shareholders known to be &#8220;beneficial owners&#8221; (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
&#8220;beneficially owned&#8221; (i) by each director or nominee for director,
(ii) by the executive officers named in the Summary Compensation Table and (iii)
by 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 align="center">
<div>
  <table border="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0" width="576">
<tr valign="top">
<td width="287" valign="bottom" colspan="2" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">
<br><b>Name and Address of Beneficial Owner</b></font></p>
</td>
<td width="23" valign="bottom" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="137" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Amount and Nature</b><br><b>of
Beneficial</b><br><b>Ownership<sup>1</sup></b></font></p>
</td>
<td width="31" valign="bottom" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="98" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">
<br><b>Percent of Class<sup>1</sup></b></font></p>
</td>
</tr>
<tr valign="top">
<td width="287" colspan="2" rowspan="1" >
<p style="margin-top: 5">
<font size="2">William G. Miller</font><sup><font size="2">2</font></sup></p>
</td>
<td width="23" colspan="1" rowspan="1" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td >
<p align="right" style="margin-top: 5">
<font size="2">1,622,646</font><sup><font size="2">3</font></sup></p align="right">
</td>
<td width="31" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="98" colspan="1" rowspan="1" >
<p align="center" style="margin-top: 5">
<font size="2">17.4%</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="287" colspan="2" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">Account Management, LLC</font></p>
</td>
<td width="23" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFF3CE" >
<p align="right" style="margin-top: 5">
<font size="2">823,530</font><sup><font size="2">4</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFF3CE" align="center" >
<font size="2">
&nbsp;8.8%</font></td>
</tr>
<tr valign="top">
<td width="287" colspan="2" rowspan="1" >
<p style="margin-top: 5">
<font size="2">Peter S. Lynch</font></p>
</td>
<td width="23" colspan="1" rowspan="1" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="137" colspan="1" rowspan="1" >
<p align="right" style="margin-top: 5">
<font size="2">682,600</font><sup><font size="2">5</font></sup></p align="right">
</td>
<td width="31" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="98" align="center" >
<font size="2">
&nbsp;7.3%</font></td>
</tr>
<tr valign="top">
<td width="202" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">Avocet Capital Management , L.P.<br>
Blackpool Enterprises, LLC<br>
Raymond S. Ingelby<br>
Avocet Investment Partners, L.P.<sup>6</sup></font></td>
<td width="85" bgcolor="#FFF3CE" >
<P align="left" style="margin-top: 5"><FONT FACE="Symbol" size="7">&#125;</FONT></P>
</td>
<td width="23" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">539,975</font><sup><font size="2">6</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFF3CE" align="center" >
<font size="2">
&nbsp;5.8%</font></td>
</tr>
<tr valign="top">
<td width="287" colspan="2" bgcolor="#FFFFFF" >
<p style="margin-top: 10">
<font size="2">Jeffrey I. Badgley</font></p>
</td>
<td width="23" bgcolor="#FFFFFF" >
<p style="margin-top: 10">
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFFFFF" >
<p align="right" style="margin-top: 10">
<font size="2">93,101</font><sup><font size="2">7</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFFFFF" >
<p style="margin-top: 10">
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFFFFF" >
<p align="center" style="margin-top: 10">
<font size="2">*</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="287" colspan="2" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">Frank Madonia</font></p>
</td>
<td width="23" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFF3CE" >
<p align="right" style="margin-top: 5">
<font size="2">81,551</font><sup><font size="2">8</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 5">
<font size="2">*</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="287" colspan="2" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">J. Vincent Mish</font></p>
</td>
<td width="23" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFFFFF" >
<p align="right" style="margin-top: 5">
<font size="2">57,051</font><sup><font size="2">9</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFFFFF" >
<p align="center" style="margin-top: 5">
<font size="2">*</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="287" colspan="2" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">A. Russell Chandler, III</font></p>
</td>
<td width="23" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFF3CE" >
<p align="right" style="margin-top: 5">
<font size="2">45,408</font><sup><font size="2">10</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 5">
<font size="2">*</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="287" colspan="2" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">Richard H. Roberts</font></p>
</td>
<td width="23" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFFFFF" >
<p align="right" style="margin-top: 5">
<font size="2">30,048</font><sup><font size="2">11</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFFFFF" >
<p align="center" style="margin-top: 5">
<font size="2">*</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="287" colspan="2" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">Paul E. Drack </font> </p>
</td>
<td width="23" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFF3CE" >
<p align="right" style="margin-top: 5">
<font size="2">28,848</font><sup><font size="2">12</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFF3CE" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFF3CE" >
<p align="center" style="margin-top: 5">
<font size="2">*</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="287" colspan="2" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">All Executive Officers and Directors as a Group<br>
(7 persons)</font></td>
<td width="23" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="137" bgcolor="#FFFFFF" >
<p align="right" style="margin-top: 5">
<font size="2">1,958,653</font><sup><font size="2">13</font></sup></p align="right">
</td>
<td width="31" bgcolor="#FFFFFF" >
<p style="margin-top: 5">
<font size="2">
&nbsp;</font></td>
<td width="98" bgcolor="#FFFFFF" >
<p align="center" style="margin-top: 5">
<font size="2">20.4%</font></p align="center">
</td>
</tr>
</table></div>
<p>
<font size="2">____________________________</font><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="698">
  <tr>
    <td width="31" valign="top">
<font size="2">*</font></td>
    <td width="667">
<font size="2">Less
than one percent</font></td>
    </tr>
    <tr>
      <td width="31" valign="top">
<font size="2">1.</font></td>
      <td width="667">
<font 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>
    </table>
    <p align="center">
<font face="Times New Roman" size="2">
36<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a></font><br>
&nbsp;<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="698">
      <tr>
        <td width="31" valign="top">
<font size="2">2.</font></td>
        <td width="667">
<font size="2">Mr.
Miller&#8217;s business address is Miller Industries, Inc., 3295 River Exchange
Parkway, Suite 220, Norcross, Georgia 30092.</font></td>
        </tr>
        <tr>
          <td width="31" valign="top">
<font size="2">3.</font></td>
          <td width="667">
<font size="2">Includes
109,288 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 width="31" valign="top">
<font size="2">4.</font></td>
            <td width="667">
<font size="2">&nbsp;As
reported in a Schedule 13G filed with the SEC on February 14, 2003, Account
Management, LLC, a registered investment advisor, (Account Management) has sole dispositive power over 823,530 of the shares reported.  Account Management does
not have voting power with respect to any of the shares reported.  Account
Management&#8217;s address is 2 Newbury Street, Boston, Massachusetts 02116.</font></td>
            </tr>
            <tr>
              <td width="31" valign="top">
<font size="2">5.</font></td>
              <td width="667">
<font size="2">As
reported in an amended Schedule 13G filed with the SEC on February 14, 2003, Mr.
Lynch has sole voting and dispositive power over 242,600 of the shares reported
and shared voting and dispositive power over 440,000 of the shares reported.
The shares reported include shares beneficially owned by Mr. Lynch&#8217;s wife,
shares beneficially owned in two charitable lead trusts and a charitable
remainder trust, shares beneficially owned in trust for members of Mr.
Lynch&#8217;s family and shares beneficially owned by a charitable foundation of
which Mr. Lynch is a trustee.  Mr. Lynch&#8217;s address is 82 Devonshire
Street, S8A, Boston, Massachusetts 02109.</font></td>
              </tr>
              <tr>
                <td width="31" valign="top">
<font size="2">6.</font></td>
                <td width="667">
<font size="2">As
reported in a Schedule 13G filed with the SEC on March 2, 2003, Avocet Capital
Management, L.P., a registered investment advisor, (ACM), Blackpool Enterprises,
LLC (Blackpool) and Raymond Ingelby (Ingelby) are members of a group who have
shared voting and dispositive power over 539,975 of the shares reported.  Avocet
Investment Partners, L.P. (AIP) has shared voting and dispositive power over
466,925 of the shares reported.  AIP disclaims membership in a group.  ACM,
Blackpool and Ingelby expressly disclaim beneficial ownership in the reported
shares, except to the extent of their respective pecuniary interests.  AIP
expressly disclaims beneficial ownership of any of the shares reported on the
Schedule 13G.  The address for ACM, Blackpool, Ingelby and AIP is 5508 Highway
290 West, Austin, Texas 78735.</font></td>
                </tr>
                <tr>
                  <td width="31" valign="top">
<font size="2">7.</font></td>
                  <td width="667">
<font size="2">Includes
69,786 shares which are issuable pursuant to options which are exercisable
within sixty days of the date set forth above. </font> </td>
                  </tr>
                  <tr>
                    <td width="31" valign="top">
<font size="2">8.</font></td>
                    <td width="667">
<font size="2">Includes
57,936 shares which are issuable pursuant to options which are exercisable
within sixty days of the date set forth above.</font></td>
                    </tr>
                    <tr>
                      <td width="31" valign="top">
<font size="2">9.</font></td>
                      <td width="667">
<font size="2">Includes
41,436 shares which are issuable pursuant to options which are exercisable
within sixty days of the date set forth above.</font></td>
                      </tr>
                      <tr>
                        <td width="31" valign="top">
<font size="2">10.</font></td>
                        <td width="667">
<font size="2">Includes
28,048 shares which are issuable pursuant to options which are exercisable
within sixty days of the date set forth above.</font></td>
                        </tr>
                        <tr>
                          <td width="31" valign="top">
<font size="2">11.</font></td>
                          <td width="667">
<font size="2">Includes
28,048 shares which are issuable pursuant to options which are exercisable
within sixty days of the date set forth above.</font></td>
                          </tr>
                          <tr>
                            <td width="31" valign="top">
<font size="2">12.</font></td>
                            <td width="667">
<font size="2">Includes
28,048 shares which are issuable pursuant to options which are exercisable
within sixty days of the date set forth above.</font></td>
                          </tr>
                          <tr>
                            <td width="31" valign="top"><font size="2">13.</font></td>
                            <td width="667"><font size="2">Includes 253,302 shares which are
issuable pursuant to options which are exercisable within sixty days of the date
set forth above.</font></td>
                          </tr>
                        </table>
                        <p align="center">
<font face="Times New Roman" size="2">
37<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p><b><font size="2">Equity Compensation Plan Information
</font>	</b></p>
<font size="2">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table provides information about equity compensation awards under the Company&#8217;s Stock Option and Incentive Plan and the Company&#8217;s Non-Employee Director Stock Option Plan.
<br>
&nbsp;</font><div >
                          <table border=0 cellpadding=0 cellspacing =0 width="691" style="border-left: medium none; border-right: medium none; border-top: 1.5pt solid navy; border-bottom: 1.5pt solid navy" fpTblFormat="1;111101100" >
<tr valign="top">
<td width="197" align="center" valign="bottom" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .75pt solid navy" >
<b><font size="2">Plan Category </font>	</b>	</td>
<td width="23" align="center" valign="bottom" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .75pt solid navy" >
<font size="2">&nbsp;</font></td>
<td width="156" align="center" valign="bottom" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .75pt solid navy" >
<b><font size="2">(a)<br>
Number of securities to be<br>
issued upon exercise of<br>
outstanding options, warrants<br>
and rights
</font>	</b>	</td>
<td width="14" align="center" valign="bottom" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .75pt solid navy" >
<font size="2">&nbsp;</font></td>
<td width="137" align="center" valign="bottom" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .75pt solid navy" >
<b><font size="2">(b)<br>
Weighted-average<br>
exercise price of<br>
outstanding options,<br>
warrants and rights
</font>	</b>	</td>
<td width="34" align="center" valign="bottom" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .75pt solid navy" >
<font size="2">&nbsp;</font></td>
<td width="130" align="center" valign="bottom" style="border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: .75pt solid navy" >
<b><font size="2">(c)<br>
Number of securities<br>
remaining available for<br>
future issuance under<br>
equity<br>
&nbsp;compensation plans<br>
(excluding securities<br>
reflected in column (a))
</font>	</b>	</td>
</tr>
<tr valign="top">
<td width="197" colspan="1" rowspan="1" style="border: medium none" >
<p style="margin-top: 10">
<b>
<font size="2">Equity compensation plans<br>
approved by stockholders </font> 	</b> 	</td>
<td width="23" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="156" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">663,183 </font>	</td>
<td width="14" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="137" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">$24.10 </font>	</td>
<td width="34" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="130" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">486,197(1)</font></td>
</tr>
<tr valign="top">
<td width="197" colspan="1" rowspan="1" style="border: medium none" >
<p style="margin-top: 10">
<b>
<font size="2">Equity compensation plans not<br>
approved by stockholders
</font>	</b>	</td>
<td width="23" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="156" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">145,661(2)</font></td>
<td width="14" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="137" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">$4.70 </font>	</td>
<td width="34" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="130" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">n/a</font></td>
</tr>
<tr valign="top">
<td width="197" colspan="1" rowspan="1" style="border: medium none" >
<p style="margin-top: 10">
<b>
<font size="2">Total </font>	</b>	</td>
<td width="23" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="156" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">808,844 </font>	</td>
<td width="14" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="137" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">$22.22 </font>	</td>
<td width="34" align="center" style="border: medium none" >
<font size="2">&nbsp;</font></td>
<td width="130" align="center" style="border: medium none" >
<p style="margin-top: 10">
<font size="2">486,197</font></td>
</tr>
</table></div>
<font size="2">
____________________ </font>
<table border="0" cellpadding="5" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="698">
  <tr>
    <td width="29" valign="top">
<font size="2">(1)</font></td>
    <td width="669">	<p align="left">
<font size="2">Available
for grant under the Company&#8217;s Stock Option and Incentive Plan and the
Company&#8217;s Non-Employee Director Stock Option Plan as of December 31, 2002.
</font>
    </td>
    </tr>
  <tr>
    <td width="29" valign="top">
<font size="2">(2)</font></td>
    <td width="669">	<p align="left">
<font size="2">Options issued pursuant to a resolution of the Board of Directors dated September 11,
1998 providing for the automatic annual grant to each non-employee director,
serving immediately after each Annual Meeting of Shareholders, of options to
purchase a number of shares of the Company&#146;s&nbsp; common stock equal to $32,500 divided by the Black Scholes value (as calculated by the Company&#146;s independent public accountants) of
an option to purchase one such share as of the date of the Annual Meeting.</font></td>
    </tr>
  </table>
<p>
<font size="2"><a name="ITEM 13."><b>ITEM
</b></font><font size="2"><b>13.&nbsp;</b></a><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CERTAIN
RELATIONSHIPS AND RELATED TRANSACTIONS</b></font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None.
</font>
<p>
<b><font size="2"><a name="ITEM 14.">ITEM
14.&nbsp;&nbsp;</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CONTROLS
AND PROCEDURES</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Within
90 days prior to the filing date of this report, the Company carried out an
evaluation, under the supervision and with the participation of the
Company&#8217;s management, including the Chief Executive Officer (CEO) and
Chief Financial Officer (CFO), of the effectiveness of the design and operation
of its disclosure controls and procedures as defined in Rules 13a-14(c) under
the Securities Exchange Act of 1934.  Based upon this evaluation, the
Company&#8217;s CEO and CFO have concluded that the disclosure controls and
procedures are effective to ensure that information required to be disclosed by
the Company in reports that it files or submits under the Exchange Act are
recorded, processed, summarized and reported within the time periods specified
in Securities and Exchange Commission rules and forms.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
were no significant changes in the Company&#8217;s internal controls or in other
factors that could significantly affect internal controls subsequent to the date
of this evaluation.</font></p><p>
&nbsp;<p>
&nbsp;<p>
&nbsp;<p align="center">
<font face="Times New Roman" size="2">
38<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p align="center">
<b><font size="2">PART IV</font></b><p>
<b><font size="2"><a name="ITEM 15.">ITEM
15.&nbsp;</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EXHIBITS,
FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K</font></b><p>
<b><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="2">The
following documents are filed as part of this Report:</font></p><p>
<b><font size="2">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a name="Financial Statements">Financial
Statements</a></font></b></p>
  <table border=0 cellpadding=3 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" >
<tr valign="top">
<td width="539.999865" bgcolor="#FFF3CE" >

<p>
<b><u><font size="2"><br>
Description</font></u></b></p>
</td>
<td width="95.999976" bgcolor="#FFF3CE" >
<p align="center">
<u><font size="2">Page Number in<br>
Report</font></u></p align="center">
</td>
</tr>
<tr valign="top">
<td width="539.999865" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="539.999865" bgcolor="#FFF3CE" >
<p>
<font size="2">Report of Independent Accountants&nbsp;</font></p>
</td>
<td width="95.999976" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">F-2</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="539.999865" colspan="1" rowspan="1" >
<p>
<font size="2">Consolidated Balance Sheets as of December 31, 2002, and 2001 and April 30,
2001</font></p>
</td>
<td width="95.999976" colspan="1" rowspan="1" >
<p align="center">
<font size="2">F-4</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="539.999865" bgcolor="#FFF3CE" >
<p>
<font size="2">Consolidated Statements of Operations for the year ended December 31, 2002, the<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;eight months &nbsp;ended December 31, 2001 and the years ended April 30, 2001 and
2000</font></p>
</td>
<td width="95.999976" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">F-5</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="539.999865" colspan="1" rowspan="1" >
<p>
<font size="2">Consolidated Statements of Shareholders&#8217; Equity for the year ended
December 31,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2002, the eight &nbsp;months ended December 31, 2001 and the years ended
April 30, 2001 and 2000&nbsp;</font></p>
</td>
<td width="95.999976" colspan="1" rowspan="1" >
<p align="center">
<font size="2">F-6</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="539.999865" bgcolor="#FFF3CE" >
<p>
<font size="2">Consolidated Statements of Cash Flows for the year ended December 31, 2002,  the<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;eight months &nbsp;ended December 31, 2001 and the years ended April 30, 2001 and
2000</font></p>
</td>
<td width="95.999976" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">F-7</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="539.999865" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
</table>
<p>
<p>
<b><font size="2">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Statement Schedules</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following Financial Statement Schedule for the Registrant is filed as part of
this Report and should be read in conjunction with the Consolidated Financial
Statements:</font></p>
<table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="539.999865" bgcolor="#FFF3CE" >
<p>
<b><u><font size="2"><br>
Description</font></u></b></p>
</td>
<td width="95.999976" bgcolor="#FFF3CE" >
<p align="center">
<u><font size="2">Page Number in<br>
Report</font></u></p align="center">
</td>
</tr>
<tr valign="top">
<td width="539.999865" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="539.999865" bgcolor="#FFF3CE" >
<p>
<font size="2">Schedule II - Valuation and Qualifying Accounts</font></p>
</td>
<td width="95.999976" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
</tr>
</table>
<p>
<p>
<font size="2">All schedules, except those set forth above, have been omitted since the
information required is included in the financial statements or notes or have
been omitted as not applicable or not required.</font></p><p>
<font size="2">&nbsp;</font></p><p>
<font size="2">&nbsp;</font></p><p>
&nbsp;<p align="center">
<font face="Times New Roman" size="2">
39<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<b><font size="2">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits</font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following exhibits are required to be filed with this Report by Item 601 of
Regulation S-K:</font></p>
  <table border=0 cellpadding=6 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" >
<tr valign="top">
<th width="58.666652" valign="bottom" bgcolor="#FFF3CE" >
<p style="border-bottom:solid windowtext .5pt">
<font size="2" color="#ffffff">&nbsp;</font></p>
</th>
<th width="242.666606" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Description</b></font></p>
</th>
<th width="115.999971" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Incorporated by Reference to Registration File
Number</b></font></p>
</th>
<th width="102.666641" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Form or Report</b></font></p>
</th>
<th width="134.666633" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Date of Report</b></font></p>
</th>
<th width="81.333313" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Exhibit Number in Report</b></font></p>
</th>
</tr>
<tr valign="top">
<th width="58.666652" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="242.666606" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="115.999971" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="102.666641" colspan="1" rowspan="1" >
<font size="2">
&nbsp; </font></th>
<th width="134.666633" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="81.333313" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></th>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">3.1</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Charter, as amended, of the Registrant</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">December 31, 2001</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">3.1</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">3.2</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Bylaws of the Registrant</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">3.2</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.1</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Settlement Letter dated April 27, 1994 between Miller Group, Inc. and the
Management Group</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.7</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.5</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Participants Agreement dated as of April 30, 1994 between the Registrant,
Century Holdings, Inc., Century Wrecker Corporation, William G. Miller and
certain former shareholders of Miller Group, Inc.</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.11</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.20</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >


<p>
<font size="2">Technology Transfer Agreement dated March 21, 1991 between Miller Group, Inc.,
Verducci, Inc. and Jack Verducci</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.26</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.21</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Form of Noncompetition Agreement between the Registrant and certain officers of
the Registrant</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.28</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.22</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Form of Nonexclusive Distributor Agreement</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.31</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.23</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Miller Industries, Inc. Stock Option and Incentive Plan**</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.1</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.24</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Form of Incentive Stock Option Agreement**</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.2</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.25</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Miller Industries, Inc. Cash Bonus Plan**</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.3</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.26</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Miller Industries, Inc. Non-Employee Director Stock Option Plan**</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.4</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.27</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Form of Director Stock Option Agreement**</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.5</font></p align="center">
</td>
</tr>
</table><p align="center">
<font face="Times New Roman" size="2">
40<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
<font size="2">&nbsp;</font></p>
<div>
  <table border=0 cellpadding=6 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" >
<tr>
<th width="300" valign="bottom" bgcolor="#FFF3CE" colspan="2" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Description</b></font></p>
</th>
<th width="115.999971" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Incorporated by Reference to Registration File
Number</b></font></p>
</th>
<th width="102.666641" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Form or Report</b></font></p>
</th>
<th width="134.666633" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Date of Report</b></font></p>
</th>
<th width="81.333313" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Exhibit Number in Report</b></font></p>
</th>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="242.666606" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="115.999971" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="102.666641" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="134.666633" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="81.333313" colspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.28</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Employment Agreement dated October 14, 1993 between Century Wrecker Corporation
and Jeffrey I. Badgley**</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.29</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.29</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">First Amendment to Employment Agreement between Century Wrecker Corporation and
Jeffrey I. Badgley**</font></p>
</td>


<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">33-79430</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">S-1</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">August 1994</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.33</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.30</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Form of Employment Agreement between Registrant and each of Messrs. Madonia and
Mish**</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">April 30, 1995</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.37</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.31</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">First Amendment to Miller Industries, Inc. Non-Employee Director Stock Option
Plan**</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 1995</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.38</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.32</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Second Amendment to Miller Industries, Inc. Non-Employee Director Stock Option
Plan**</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>


<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">April 30, 1996</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.39</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.33</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Second Amendment to Miller Industries, Inc. Stock Option and Incentive
Plan**</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 1996</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.40</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.34</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Employment Agreement dated July 8, 1997 between the Registrant and William G.
Miller**</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-Q/A</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">July 31, 1997</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.35</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Guaranty Agreement Among NationsBank of Tennessee, N.A. and certain subsidiaries
of Registrant dated January 30, 1998.</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 1998</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.37</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.36</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Stock Pledge Agreement Between NationsBank of Tennessee, N.A. and the Registrant
dated January 30, 1998.</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">April 30, 1998</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.38</font></p align="center">
</td>
</tr>
<tr>
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.37</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Stock Pledge Agreement Between NationsBank of Tennessee, N.A. and the certain
subsidiaries of the Registrant dated January 30, 1998.</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 1998</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.39</font></p align="center">
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">
41<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<a href="#EWTOC"><font size="1">Table of
Contents</font></a><p>
&nbsp;<table border=0 cellpadding=6 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" >
<tr>
<th width="300" valign="bottom" bgcolor="#FFF3CE" colspan="2" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Description</b></font></p>
</th>
<th width="115.999971" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Incorporated by Reference to Registration File
Number</b></font></p>
</th>
<th width="102.666641" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Form or Report</b></font></p>
</th>
<th width="134.666633" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Date of Report</b></font></p>
</th>
<th width="81.333313" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Exhibit Number in Report</b></font></p>
</th>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.40</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Form of Indemnification Agreement dated June 8, 1998 by and between the
Registrant and each of William G. Miller, Jeffrey I. Badgley, A. Russell
Chandler, Paul E. Drack, Frank Madonia, J. Vincent Mish, Richard H. Roberts, and
Daniel N. Sebastian**</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-Q</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">September 14, 1998</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.41</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Employment Agreement between the Registrant and Jeffrey I. Badgley, dated
September 11, 1998**</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-Q</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">December 15, 1998</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.1</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.42</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Employment Agreement between the Registrant and Frank Madonia, dated September
11, 1998**</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-Q</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">December 15, 1998</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.3</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.50</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Agreement between the Registrant and Jeffrey I. Badgley, dated September 11,
1998**</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-Q</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">December 15, 1998</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.4</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.51</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Agreement between the Registrant and Frank Madonia, dated September 11,
1998**</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-Q</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">December 15, 1998</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.6</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.60</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Credit Agreement among Bank of America, N.A., The CIT Group/Business Credit,
Inc. and Registrant and its subsidiaries dated July 23, 2001</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.6</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.61</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Security Agreement among the Registrant and its subsidiaries, The CIT
Group/Business Credit, Inc. and Bank of America, N.A. dated July 23, 2001</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.61</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.62</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Stock Pledge Agreement between Registrant and The CIT Group/Business Credit,
Inc. dated July 23, 2001</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.62</font></p align="center">
</td>
</tr>
<tr>
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.70</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Amended and Restated Credit Agreement among the Registrant, its subsidiary and
Bank of America, N.A. dated July 23, 2001</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.7</font></p align="center">
</td>
</tr>
</table><p align="center">
<font face="Times New Roman" size="2">
42<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> <br>
&nbsp;</font><table border=0 cellpadding=6 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" >
<tr>
<th width="300" valign="bottom" bgcolor="#FFF3CE" colspan="2" >
<p style="border-bottom:solid windowtext .5pt">
<font size="2" color="#ffffff"></font><font size="2"><b>Description</b></font></p>
</th>
<th width="115.999971" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Incorporated by Reference to Registration File
Number</b></font></p>
</th>
<th width="102.666641" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Form or Report</b></font></p>
</th>
<th width="134.666633" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Date of Report</b></font></p>
</th>
<th width="81.333313" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Exhibit Number in Report</b></font></p>
</th>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.71</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Promissory Note among Registrant, its subsidiary and SunTrust Bank dated July
23, 2001</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.71</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.72</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Promissory Note among Registrant, its subsidiary and AmSouth Bank dated July 23,
2001</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.72</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.73</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Promissory Note among Registrant, its subsidiary and Wachovia Bank, N.A. dated
July 23, 2001</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.73</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.74</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Promissory Note among Registrant, its subsidiary and Bank of America, N.A. dated
July 23, 2001</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.74</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.75</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Warrant Agreement dated July 23, 2001</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.75</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.80</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Forbearance Agreement and First Amendment to the Credit Agreement by and among
the Company and its subsidiaries and The CIT Group/Business Credit, Inc. and
Bank of America, N.A. dated February 28, 2002</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">-</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">December 31, 2001</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.8</font></p align="center">


</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.81</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Second Amendment to the Credit Agreement by and among the Company and its
subsidiaries and The CIT Group/Business Credit, Inc. and Bank of America, N.A.
dated February 28, 2002</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">December 31, 2001</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.81</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.82</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">First Amendment to the Amended and Restated Credit Agreement among the
Registrant, its subsidiary and Bank of America, N.A. dated July 23, 2001</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">December 31, 2001</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.82</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.83</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Amended and Restated Intercreditor and Subordination Agreement by and among The
CIT Group/Business Credit, Inc. and Bank of America, N.A.</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">Form 10-K</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">December 31, 2001</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">10.83</font></p align="center">
</td>
</tr>
</table>
<p>
&nbsp;<p align="center">
<font face="Times New Roman" size="2">
43<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> <br>
&nbsp;</font><table border=0 cellpadding=6 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" >
<tr>
<th width="300" valign="bottom" bgcolor="#FFF3CE" colspan="2" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Description</b></font></p>
</th>
<th width="115.999971" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Incorporated by Reference to Registration File
Number</b></font></p>
</th>
<th width="102.666641" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Form or Report</b></font></p>
</th>
<th width="134.666633" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Date of Report</b></font></p>
</th>
<th width="81.333313" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>Exhibit Number in Report</b></font></p>
</th>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="242.666606" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="115.999971" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="102.666641" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="134.666633" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="81.333313" colspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.84</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Third Amendment to the Credit Agreement by and among the Company and its
Subsidiaries and the CIT Group/Business Credit, Inc. and Bank of America, N.A.
dated September 13, 2002.*</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.85</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Fourth Amendment to the Credit Agreement by and among the Company and its
Subsidiaries and the CIT Group/Business Credit, Inc. and Bank of America, N.A.
dated November 14, 2002.</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10-Q/A</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">September 30, 2002</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">10.1</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">10.86</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Fifth Amendment to the Credit Agreement by and among the Company and its
Subsidiaries and the CIT Group/Business Credit, Inc. and Bank of America, N.A.
dated February 28, 2003.*</font></p>
</td>


<td width="115.999971" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="center">

<font size="2">--</font></p align="center">
</td>
<td width="134.666633" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="81.333313" colspan="1" rowspan="1" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">10.87</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Sixth Amendment to the Credit Agreement by and among the Company and its
Subsidiaries and the CIT Group/Business Credit, Inc. and Bank of America, N.A.
dated April 1, 2003.*</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="102.666641" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="134.666633" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
<td width="81.333313" bgcolor="#FFF3CE" >
<p align="center">
<font size="2">--</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">21</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Subsidiaries of the Registrant*</font></p>
</td>
<td width="115.999971" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="102.666641" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="134.666633" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="81.333313" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="58.666652" bgcolor="#FFF3CE" >
<p>
<font size="2">23</font></p>
</td>
<td width="242.666606" bgcolor="#FFF3CE" >
<p>
<font size="2">Consent of PricewaterhouseCoopers LLP*</font></p>
</td>
<td width="115.999971" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="102.666641" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="134.666633" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
<td width="81.333313" bgcolor="#FFF3CE" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">

<td width="58.666652" colspan="1" rowspan="1" >
<p>
<font size="2">24</font></p>
</td>
<td width="242.666606" colspan="1" rowspan="1" >
<p>
<font size="2">Power of Attorney (see signature page)*</font></p>

</td>
<td width="115.999971" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="102.666641" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="134.666633" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
<td width="81.333313" colspan="1" rowspan="1" >
<font size="2">
&nbsp;</font></td>
</tr>
<tr valign="top">

<td width="58.666652" colspan="1" >
<font size="2">99.1</font></td>
<td width="242.666606" colspan="1" >
<font size="2">Certification of Jeffrey I. Badgley pursuant to </font><font size="2" face="Times New Roman">
18 U.S.C. Section 1350*</font></td>
<td width="115.999971" colspan="1" >
&nbsp;</td>
<td width="102.666641" colspan="1" >
&nbsp;</td>
<td width="134.666633" colspan="1" >
&nbsp;</td>
<td width="81.333313" colspan="1" >
&nbsp;</td>
</tr>
<tr valign="top">

<td width="58.666652" colspan="1" >
<font size="2">99.2</font></td>
<td width="242.666606" colspan="1" >
<font size="2">Certification of J. Vincent Mish pursuant to </font><font size="2" face="Times New Roman">
18 U.S.C. Section 1350*</font></td>
<td width="115.999971" colspan="1" >
&nbsp;</td>
<td width="102.666641" colspan="1" >
&nbsp;</td>
<td width="134.666633" colspan="1" >
&nbsp;</td>
<td width="81.333313" colspan="1" >
&nbsp;</td>
</tr>
</table>
<p>
<font size="2">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Filed
herewith.<br>
**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management
contract or compensatory plan or arrangement.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>(b)</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reports
on Form 8-K.&nbsp;&nbsp; There were no reports filed on Form 8-K for the last
quarter of 2002.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>(c)</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Registrant hereby files as exhibits to this Report the exhibits set forth in
Item 14(a)3 hereof.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>(d)</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Registrant hereby files as financial statement schedules to this Report the
financial statement schedules set forth in Item 14(a)2 hereof.</font></p><p align="center">
<font face="Times New Roman" size="2">
44<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font></p><p align="center">
<img border="0" src="millerlogo.gif" width="156" height="54"><p align="center">
<font color="#0000ff"><b>INDEX TO FINANCIAL STATEMENTS</b></font></p><p align="center">
&nbsp;<div align="center">
  <center>
  <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%">
    <tr>
      <td bgcolor="#FFF3CE"><font size="2">REPORT OF INDEPENDENT ACCOUNTANTS</font></td>
      <td valign="bottom" bgcolor="#FFF3CE"><font size="2">F-2</font></td>
      </tr>
      <tr>
        <td><font size="2">&nbsp;</font></td>
        <td valign="bottom"><font size="2">&nbsp;</font></td>
      </tr>
      <tr>
        <td bgcolor="#FFF3CE"><font size="2">CONSOLIDATED BALANCE SHEETS  DECEMBER 31, 2002 AND 2001, AND APRIL&nbsp;30,<br>
        2001</font></td>
        <td valign="bottom" bgcolor="#FFF3CE"><font size="2">F-3</font></td>
        </tr>
        <tr>
          <td><font size="2">&nbsp;</font></td>
          <td valign="bottom"><font size="2">&nbsp;</font></td>
        </tr>
        <tr>
          <td bgcolor="#FFF3CE"><font size="2">CONSOLIDATED STATEMENTS OF OPERATIONS  FOR THE YEAR ENDED<br>
          DECEMBER 31, 2002,
EIGHT MONTHS ENDED DECEMBER 31, 2001 AND YEARS<br>
          ENDED APRIL 30, 2001 AND
2000</font></td>
          <td valign="bottom" bgcolor="#FFF3CE"><font size="2">F-4</font></td>
          </tr>
          <tr>
            <td><font size="2">&nbsp;</font></td>
            <td valign="bottom"><font size="2">&nbsp;</font></td>
          </tr>
          <tr>
            <td bgcolor="#FFF3CE"><font size="2">CONSOLIDATED STATEMENTS OF SHAREHOLDERS&#8217; EQUITY  FOR THE YEAR<br>
            ENDED
DECEMBER 31, 2002, EIGHT MONTHS ENDED DECEMBER 31, 2001 AND<br>
            YEARS ENDED APRIL
30, 2001 AND 2000</font></td>
            <td valign="bottom" bgcolor="#FFF3CE"><font size="2">F-5</font></td>
            </tr>
            <tr>
              <td><font size="2">&nbsp;</font></td>
              <td valign="bottom"><font size="2">&nbsp;</font></td>
            </tr>
            <tr>
              <td bgcolor="#FFF3CE"><font size="2">CONSOLIDATED STATEMENTS OF CASH FLOWS  FOR THE YEAR ENDED<br>
              DECEMBER 31, 2002,
EIGHT MONTHS ENDED DECEMBER 31, 2001 AND<br>
              YEARS ENDED APRIL 30, 2001 AND
2002</font></td>
              <td valign="bottom" bgcolor="#FFF3CE"><font size="2">F-7</font></td>
              </tr>
              <tr>
                <td><font size="2">&nbsp;</font></td>
                <td valign="bottom"><font size="2">&nbsp;</font></td>
              </tr>
              <tr>
                <td bgcolor="#FFF3CE"><font size="2">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  DECEMBER 31,
2002</font></td>
                <td valign="bottom" bgcolor="#FFF3CE"><font size="2">F-9</font></td>
                </tr>
                <tr>
                  <td><font size="2">&nbsp;</font></td>
                  <td valign="bottom"><font size="2">&nbsp;</font></td>
                </tr>
                <tr>
                  <td bgcolor="#FFF3CE"><font size="2">SCHEDULE II -VALUATION AND QUALIFYING
ACCOUNTS</font></td>
                  <td valign="bottom" bgcolor="#FFF3CE"><font size="2">S-1</font></td>
                  </tr>
                </table>
                </center>
              </div>
              <p align="center">
<font face="Times New Roman" size="2">F-1<hr size="1" color="#000080" STYLE="page-break-after: always">
              </font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font></p><p align="center">
<b><font size="2"><a name="REPORT">REPORT</a>
OF INDEPENDENT ACCOUNTANTS</font></b><p>
&nbsp;<p>
<font size="2">To the Shareholders and the <br>
Board of Directors of Miller Industries, Inc.:</font></p><p>
<font size="2">In our opinion, the consolidated financial statements listed in the accompanying
index present fairly, in all material respects, the financial position of Miller
Industries, Inc. and its subsidiaries at December 31, 2002 and 2001 and April
30, 2001, and the results of their operations and their cash flows for the year
ended December 31, 2002, the eight month period ended December 31, 2001 and the
years ended April 30, 2001 and 2000, in conformity with accounting principles
generally accepted in the United States of America. In addition, in our opinion,
the financial statement schedule listed in the accompanying index, presents
fairly, in all material respects, the information set forth therein when read in
conjunction with the related consolidated<b> </b>financial statements. These
financial statements and financial statement schedule are the responsibility of
the Company&#8217;s management; our responsibility is to express an opinion on
these financial statements and financial statement schedule based on our audits.
We conducted our audits of these statements in accordance with auditing
standards generally accepted in the United States of America, which require that
we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in
the financial statements, assessing the accounting principles used and
significant estimates made by management, and evaluating the overall financial
statement presentation. We believe that our audits provide a reasonable basis
for our opinion.</font></p><p>
<font size="2">The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern.  As discussed in Notes 2 and 8 to the
consolidated financial statements, subsequent to December 31, 2002, the Company
was in default of certain covenants under its senior and subordinated credit
facility agreements, and its subordinated credit facility matures on July 23,
2003.  The senior and subordinated credit facility agreements contain certain
cross-default provisions and provide for the acceleration of amounts due as well
as other remedies in the event of default.  These circumstances raise
substantial doubt about the Company&#8217;s ability to continue as a going
concern.  Management&#8217;s actions and plans in regard to these matters are
also described in Note 2.  The consolidated financial statements do not include
any adjustments that might result from the outcome of this uncertainty.</font></p><p>
<font size="2">As discussed in Note 7 to the financial statements, the Company changed its
method of assessing impairment of intangible assets in 2002.</font></p><p>
<font size="2">&nbsp;</font></p><p>
<font size="2">/s/ PricewaterhouseCoopers LLP</font></p><p>
<font size="2">&nbsp;</font></p><p>
<font size="2">Atlanta, Georgia<br>
April 11, 2003, except as to Notes 2 and 8 for which the date is May 1,
2003</font></p><p align="center">
<font face="Times New Roman" size="2">F-2<hr size="1" color="#000080" STYLE="page-break-after: always">
              </font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font></p><p align="center">
<b>MILLER INDUSTRIES, INC. AND SUBSIDIARIES<br>
<font size="2">CONSOLIDATED
<a name="BALANCE">BALANCE</a>
SHEETS<br>
DECEMBER 31,
2002 AND 2001, AND APRIL&nbsp;30, 2001<br>
</font><font size="1">(In thousands, except share data)</font></b><div align="center">
  <center>
  <table border="0" width="711" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111">
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="31">
<p style="margin-top: 5">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="31">
<p style="margin-top: 5">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1" height="31">
<p align="center" style="margin-top: 5">
<font size="2"><b>December
31,</b><br><b>2002</b></font></p align="center">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="31">
<p style="margin-top: 5">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1" height="31">
<p align="center" style="margin-top: 5">
<font size="2">December
31,<br>2001</font></p align="center">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="31">
<p style="margin-top: 5">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1" height="31">
<p align="center" style="margin-top: 5">
<font size="2">April 30, <br>2001</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="13" >
<p style="margin-bottom: 11">
<font size="2"><b>ASSETS</b></font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="13" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" height="14" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" height="13" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" height="14" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" height="13" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" height="14" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="15" >
<p>
<font size="2"><b>CURRENT ASSETS:</b></font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and temporary
investments</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">$2,097&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">$9,863&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">$6,627&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="45" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable,
net of allowance for doubtful accounts of $805,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3,023 and $2,853 at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;December
31, 2002, and 2001 and April 30, 2001, respectively</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="45" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" height="45" >
<p align="right">
<font size="2"><br>
<br>
46,616&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="45" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="45" >
<p align="right">
<font size="2"><br>
<br>
66,555&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="45" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="45" >
<p align="right">
<font size="2"><br>
<br>
75,104&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventories,
net</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">27,815&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">60,114&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">67,835&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income
taxes</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">12,421&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">5,371&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and
other</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">748&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">12,178&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">12,010&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="16" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current assets of
discontinued operations held for sale</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">32,366&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2">&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;Total current
assets</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<p align="right">
<font size="2">109,642&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<p align="right">
<font size="2">161,131&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<p align="right">
<font size="2">166,947&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="15" >
<p>
<font size="2"><b>PROPERTY, PLANT, AND EQUIPMENT, </b>net</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">23,121&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">53,122&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">58,564&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2"><b>GOODWILL, </b>net</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">11,619&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">33,435&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">46,736&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="30" >
<p>
<font size="2"><b>PATENTS, TRADEMARKS, AND OTHER PURCHASED PRODUCT
</b><br><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RIGHTS,
</b>net</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="30" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" height="30" >
<p align="right">
<font size="2"><br>
537&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="30" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="30" >
<p align="right">
<font size="2"><br>
1,101&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="30" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="30" >
<p align="right">
<font size="2"><br>
834&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2"><b>OTHER ASSETS</b></font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">1,841&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">4,174&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">8,206&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="30" >
<p>
<font size="2"><b>NONCURRENT ASSETS OF DISCONTINUED OPERATIONS
</b></font><font face="Times New Roman Bold" size="2"><b>HELD<br>
&nbsp;&nbsp;&nbsp;&nbsp;FOR
SALE</b></font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="30" >
<font size="2">&nbsp;</font></td>
<td width="82" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" height="30" >
<p align="right">
<font size="2">15,417&nbsp;</font></p align="right">
</td>
<td width="14" valign="bottom" height="30" >
<font size="2">&nbsp;</font></td>
<td width="81" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" height="30" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="7" valign="bottom" height="30" >
<font size="2">&nbsp;</font></td>
<td width="69" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" height="30" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="17">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="17">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" height="20">
<p align="right">
<font size="2">$162,177&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="17">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" height="20">
<p align="right">
<font size="2">$252,963&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="17">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" height="20">
<p align="right">
<font size="2">$281,287&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="15" >
<p style="margin-bottom: 11">
<font size="2"><b>LIABILITIES AND SHAREHOLDERS&#8217; EQUITY</b></font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" height="15" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" height="15" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="15" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" height="15" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="15" >
<p style="margin-bottom: 11">
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="15" >
<p>
<font size="2"><b>CURRENT LIABILITIES:</b></font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current portion of
long-term obligations</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">$35,244&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">$12,405&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">$7,213&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts
payable</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">25,213&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">36,366&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">43,064&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued liabilities and
other</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">6,147&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">24,759&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">25,356&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="16" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current liabilities of
discontinued operations held for sale</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">53,212&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<p align="left"><font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="16" >
<p>
<font size="2">&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;Total current
liabilities</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">119,816&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">73,530&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">75,633&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="16" >
<p>
<font size="2"><b>LONG-TERM OBLIGATIONS</b>, less current portion</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">1,214&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">91,562&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">99,121&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="16">
<p>
<font size="2"><b>DEFERRED INCOME TAXES</b></font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="16">
<font size="2">&nbsp;</font></td>
<td width="82" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" height="17">
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="16">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" height="17">
<p align="right">
<font size="2">3,028&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="16">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" height="17">
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td colspan="1" rowspan="1" >
<p>
<font size="2"><b>NONCURRENT LIABILITIES OF DISCONTINUED
</b><br><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPERATIONS
HELD FOR SALE</b></font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="30" >
<font size="2">&nbsp;</font></td>
<td width="82" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" valign="bottom" height="31" >
<p align="right">
<font size="2">1,450&nbsp;</font></p align="right">
</td>
<td width="14" valign="bottom" height="30" >
<font size="2">&nbsp;</font></td>
<td width="81" style="border-top-style: solid; border-top-width: 1; border-bottom-style:solid; border-bottom-width:1" valign="bottom" height="31" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="7" valign="bottom" height="30" >
<font size="2">&nbsp;</font></td>
<td width="69" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" valign="bottom" height="31" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2"><b>COMMITMENTS AND CONTINGENCIES </b>(Notes 8, 9 and
11)</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<font size="2">&nbsp;&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1" height="16">
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p style="margin-top: 8">
<font size="2"><b>SHAREHOLDERS&#8217; EQUITY</b>:</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p style="margin-top: 8">
<font size="2">&nbsp;</font></td>
<td width="82" bgcolor=#FFF3CE height="15">
<p style="margin-top: 8">
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p style="margin-top: 8">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p style="margin-top: 8">
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p style="margin-top: 8">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p style="margin-top: 8">
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="30" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred stock, $.01
par value; 5,000,000 shares authorized,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;none issued
or&nbsp;outstanding</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="30" >
<font size="2">&nbsp;</font></td>
<td width="82" height="30" >
<p align="right">
<font size="2">
<br>0&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="30" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="30" >
<p align="right">
<font size="2">
<br>0&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="30" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="30" >
<p align="right">
<font size="2">
<br>0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="45">
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stock, $.01 par
value; 100,000,000 shares
authorized,<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,341,436,
and 9,341,753 shares issued and outstanding
at<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;December 31, 2002 and
2001, and April 30, 2001, respectively</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="45">
<font size="2">&nbsp;</font></td>
<td width="82" bgcolor=#FFF3CE height="45">
<p align="right">
<font size="2">
<br><br>93&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="45">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="45">
<p align="right">
<font size="2">
<br><br>93&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="45">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="45">
<p align="right">
<font size="2">
<br><br>93&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="15" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in
capital</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="82" height="15" >
<p align="right">
<font size="2">145,088&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">145,088&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="15" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" height="15" >
<p align="right">
<font size="2">145,088&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated
deficit</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="82" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">(103,790)</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">(58,096)</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE height="15">
<p align="right">
<font size="2">(36,509)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="16" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated other
comprehensive loss</font></p>
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="82" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">(1,694)</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">(2,242)</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="16" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" height="16" >
<p align="right">
<font size="2">(2,139)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" bgcolor=#FFF3CE height="16">
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total
shareholders&#8217; equity</font></p>
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="16">
<font size="2">&nbsp;</font></td>
<td width="82" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" height="17">
<p align="right">
<font size="2">39,697&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE height="16">
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" height="17">
<p align="right">
<font size="2">84,843&nbsp;</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" bgcolor=#FFF3CE height="16">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" height="17">
<p align="right">
<font size="2">106,533&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="405" colspan="1" rowspan="1" height="19" >
<font size="2">&nbsp;</font></td>
<td width="7" colspan="1" rowspan="1" height="19" >
<font size="2">&nbsp;</font></td>
<td width="82" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" height="20">
<p align="right">
<font size="2">$162,177&nbsp;</font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" height="19" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" height="20" >
<p align="right">
<font size="2">$252,963</font></p align="right">
</td>
<td width="7" colspan="1" rowspan="1" height="19" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" height="20" >
<p align="right">
<font size="2">$281,287&nbsp;</font></p align="right">
</td>
</tr>
</table>
  </center>
</div>
<p align="center">
<font size="2">The accompanying notes are an integral part of these consolidated
balance sheets.<br>
</font>
<font face="Times New Roman" size="2">F-3<hr size="1" color="#000080" STYLE="page-break-after: always">
</font></p>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font></p><p align="center">
<b>MILLER INDUSTRIES, INC. AND SUBSIDIARIES</b><p align="center">


<b><font size="2">CONSOLIDATED
STATEMENTS OF <a name="OPERATIONS">OPERATIONS</a></font></b><p align="center">


<b><font size="2">FOR THE YEAR ENDED DECEMBER 31, 2002, EIGHT
MONTHS ENDED DECEMBER 31,<br>2001 AND YEARS ENDED APRIL 30, 2001 AND 2000<br>
(IN THOUSANDS, EXCEPT PER SHARE DATA)<br>
&nbsp;</font></b><div align="center">
  <center><table border=0 cellpadding=0 cellspacing =0 width="717" style="border-collapse: collapse" bordercolor="#111111" >
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>December
31,</b><br><b>2002</b></font></p>
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31,<br>2001</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30,<br>2001</font></p>
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30,<br>2000</font></p>
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<font size="2">&nbsp; </font></td>
<td width="97" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><b>NET SALES</b></font></p>
</td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2"><b>$203,059&nbsp;</b></font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$142,445&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$212,885&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$261,907&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><b>COSTS AND EXPENSES:</b></font></p>
</td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<p>
<font size="2">Costs of operations</font></p>
</td>
<td width="97" colspan="2" rowspan="1" >
<p align="right">
<font size="2"><b>174,516&nbsp;</b></font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" >
<p align="right">
<font size="2">122,753&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" >
<p align="right">
<font size="2">181,517&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" >
<p align="right">
<font size="2">220,602&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Selling, general and
administrative expenses</font></p>
</td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2"><b>17,434&nbsp;</b></font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">12,547&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">20,663&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">22,791&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Special
Charges</font></p>
</td>
<td width="97" colspan="2" rowspan="1" >
<p align="right">
<font size="2"><b>--&nbsp;</b></font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" >
<p align="right">
<font size="2">1,794&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" >
<p align="right">
<font size="2">--&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" >
<p align="right">
<font size="2">2,770&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest expense,
net</font></p>
</td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>4,368&nbsp;</b></font></p>
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,055&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,137&nbsp;</font></p>
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,036&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total costs and
expenses</font></p>
</td>
<td width="97" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>196,318&nbsp;</b></font></p>
</td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">138,149&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">204,317&nbsp;</font></p>
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">252,199&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<p>
<font size="2"><b>INCOME FROM CONTINUING OPERATIONS<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BEFORE INCOME TAXES
</b></font></p>
</td>
<td width="97" colspan="2" valign="bottom" >
<p align="right">
<font size="2"><b>6,741&nbsp;</b></font></p align="right">
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" valign="bottom" >
<p align="right">
<font size="2">4,296&nbsp;</font></p align="right">
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" valign="bottom" >
<p align="right">
<font size="2">8,568&nbsp;</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" valign="bottom" >
<p align="right">
<font size="2">9,708&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><b>INCOME TAX PROVISION (BENEFIT)</b></font></p>
</td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>3,217&nbsp;</b></font></p>
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,419&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,533&nbsp;</font></p>
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,505&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<p>
<font size="2"><b>INCOME (LOSS) FROM CONTINUING<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPERATIONS </b></font></p>
</td>
<td width="97" colspan="2" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>3,524&nbsp;</b></font></p>
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,877&nbsp;</font></p>
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,035&nbsp;</font></p>
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">3,203&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;</font></p>
</td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;&nbsp; </font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;&nbsp; </font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;&nbsp; </font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<p>
<font size="2"><b>DISCONTINUED OPERATIONS:</b></font></p>
</td>
<td width="97" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Loss) from
discontinued operations, before taxes</font></p>
</td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2"><b>(26,146)</b></font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(24,041)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(18,176)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(96,159)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income tax provision
(benefit)</font></p>
</td>
<td width="97" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>1,260&nbsp;</b></font></p>
</td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(577)</font></p>
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(5,707)</font></p>
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(19,813)</font></p>
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Loss) from
discontinued operations</font></p>
</td>
<td width="97" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2"><b>(27,406)</b></font></p align="right">
</td>
<td width="14" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(23,464)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(12,469)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(76,346)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" rowspan="1" >
<font size="2">&nbsp;&nbsp; </font></td>
<td width="98" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="2">&nbsp;&nbsp; </font></td>
<td width="71" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;&nbsp; </font></td>
<td width="68" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><b>NET LOSS BEFORE CUMULATIVE EFFECT OF<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHANGE IN ACCOUNTING
METHOD</b></font></p>
</td>
<td width="97" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2"><b>(23,882)</b></font></p align="right">
</td>
<td width="14" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">(21,587)</font></p align="right">
</td>
<td width="15" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">(6,434)</font></p align="right">
</td>
<td width="13" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">(73,143)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulative effect of change in accounting<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;principle</font></p>
</td>
<td width="97" colspan="2" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"><b>(21,812)</b></font></p>
</td>
<td width="14" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">--&nbsp;</font></p>
</td>
<td width="15" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">--&nbsp;</font></p>
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">--&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="341" bgcolor="#FFF3CE" >
<font size="2"><b>NET LOSS</b></font></td>
<td width="49" bgcolor="#FFF3CE" style="border-bottom-style: double" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="48" bgcolor="#FFF3CE" style="border-bottom-style: double" >
<p align="right">
<font size="2"><b>(45,694)</b></font></td>
<td width="14" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="32" bgcolor="#FFF3CE" style="border-bottom-style: double" >
<font size="2">$</font></td>
<td width="66" bgcolor="#FFF3CE" style="border-bottom-style: double" >
<p align="right">
<font size="2">(21,587)</font></td>
<td width="15" bgcolor="#FFF3CE" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="21" bgcolor="#FFF3CE" style="border-bottom-style: double" >
<font size="2">$</font></td>
<td width="50" bgcolor="#FFF3CE" style="border-bottom-style: double" >
<p align="right">
<font size="2">(6,434)</font></td>
<td width="13" bgcolor="#FFF3CE" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="20" bgcolor="#FFF3CE" style="border-bottom-style: double" >
<font size="2">$</font></td>
<td width="48" bgcolor="#FFF3CE" style="border-bottom-style: double" >
<p align="right">
<font size="2">(73,143)</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" >
<p style="margin-top: 10">
<font size="2"><b>BASIC INCOME (LOSS) PER COMMON SHARE:</b></font></td>
<td width="97" colspan="2" >
<p style="margin-top: 10">
<font size="2"><b>&nbsp;</b></font></td>
<td width="14" colspan="1" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" >
<p style="margin-top: 10">
<font size="2">&nbsp; </font></td>
<td width="71" colspan="2" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" >
<p style="margin-top: 10">
<font size="2">&nbsp; </font></td>
<td width="68" colspan="2" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
</tr>
<tr>
<td width="341" bgcolor="#FFF3CE" >
<font size="2">Income from continuing operations</font></td>
<td width="49" bgcolor="#FFF3CE" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="48" bgcolor="#FFF3CE" >
<p align="right"><font size="2"><b>0.38&nbsp;</b></font></td>
<td width="14" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="32" bgcolor="#FFF3CE" >
<font size="2">$</font></td>
<td width="66" bgcolor="#FFF3CE" >
<p align="right"><font size="2">0.20&nbsp;</font></td>
<td width="15" bgcolor="#FFF3CE" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="21" bgcolor="#FFF3CE" >
<font size="2">$</font></td>
<td width="50" bgcolor="#FFF3CE" >
<p align="right"><font size="2">0.65&nbsp;</font></td>
<td width="13" bgcolor="#FFF3CE" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="20" bgcolor="#FFF3CE" >
<font size="2">$</font></td>
<td width="48" bgcolor="#FFF3CE" >
<p align="right"><font size="2">0.34&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" >
<font size="2">Loss from discontinued operations</font></td>
<td width="97" colspan="2" >
<p align="right">
<font size="2"><b>(2.93)</b></font></td>
<td width="14" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" >
<p align="right">
<font size="2">(2.51)</font></p align="right">
</td>
<td width="15" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" >
<p align="right">
<font size="2">(1.34)</font></p align="right">
</td>
<td width="13" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" >
<p align="right">
<font size="2">(8.17)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" bgcolor="#FFF3CE" >
<font size="2">Cumulative effect of change in accounting principle </font>
</td>
<td width="97" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="right">
<font size="2"><b>(2.34)</b></font></p align="right">
</td>
<td width="14" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="right">
<font size="2"><i>--&nbsp;</i></font></p align="right">
</td>
<td width="15" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="right">
<font size="2"><i>--&nbsp;</i></font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1" bgcolor="#FFF3CE" >
<p align="right">
<font size="2"><i>--&nbsp;</i></font></p align="right">
</td>
</tr>
<tr>
<td width="341" colspan="1" >
<font size="2">Basic income (loss) per common share</font></td>
<td width="49" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="48" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<p align="right"><font size="2"><b>(4.89)</b></font></td>
<td width="14" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="32" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<font size="2">$</font></td>
<td width="66" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<p align="right"><font size="2">2.31&nbsp;</font></td>
<td width="15" colspan="1" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<font size="2">$</font></td>
<td width="50" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" >
<p align="right"><font size="2">(0.69)</font></td>
<td width="13" colspan="1" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="20" style="border-bottom-style: double; border-top-style:solid; border-top-width:1" >
<font size="2">$</font></td>
<td width="48" style="border-bottom-style: double; border-top-style:solid; border-top-width:1" >
<p align="right"><font size="2">(7.83)</font></td>
</tr>
<tr valign="top">
<td width="341" bgcolor="#FFF3CE" >
<p style="margin-top: 10">
<font size="2"><b>DILUTED INCOME (LOSS) PER COMMON<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARE:</b></font></td>
<td width="97" colspan="2" bgcolor="#FFF3CE" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="14" bgcolor="#FFF3CE" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" bgcolor="#FFF3CE" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="15" bgcolor="#FFF3CE" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" bgcolor="#FFF3CE" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="13" bgcolor="#FFF3CE" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" bgcolor="#FFF3CE" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
</tr>
<tr>
<td width="341" colspan="1" >
<font size="2">Income from continuing operations</font></td>
<td width="49" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="48" >
<p align="right"><font size="2"><b>0.38&nbsp;</b></font></td>
<td width="14" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="32" >
<font size="2">$</font></td>
<td width="66" >
<p align="right"><font size="2">0.20&nbsp;</font></td>
<td width="15" colspan="1" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="21" >
<font size="2">$</font></td>
<td width="50" >
<p align="right"><font size="2">0.65&nbsp;</font></td>
<td width="13" colspan="1" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="20" >
<font size="2">$</font></td>
<td width="48" >
<p align="right"><font size="2">0.34&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" bgcolor="#FFF3CE" >
<font size="2">Loss from discontinued operations</font></td>
<td width="97" colspan="2" bgcolor="#FFF3CE" >
<p align="right">
<font size="2"><b>(2.93)</b></font></p align="right">
</td>
<td width="14" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(2.51)</font></p align="right">
</td>
<td width="15" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(1.34)</font></p align="right">
</td>
<td width="13" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(8.17)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" >
<font size="2">Cumulative effect of change in accounting principle </font></td>
<td width="97" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2"><b>(2.34)</b></font></p align="right">
</td>
<td width="14" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2"><i>--&nbsp;</i></font></p align="right">
</td>
<td width="15" colspan="1" >
<i>
<font size="2">&nbsp;</font></i></td>
<td width="71" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2"><i>--&nbsp;</i></font></p align="right">
</td>
<td width="13" colspan="1" >
<i>
<font size="2">&nbsp;</font></i></td>
<td width="68" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2"><i>--&nbsp;</i></font></p align="right">
</td>
</tr>
<tr>
<td width="341" bgcolor="#FFF3CE" >
<font size="2">Diluted income (loss) per common share</font></td>
<td width="49" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" bgcolor="#FFF3CE" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="48" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" bgcolor="#FFF3CE" >
<p align="right"><font size="2"><b>(4.89)</b></font></td>
<td width="14" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="32" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" bgcolor="#FFF3CE" >
<font size="2">$</font></td>
<td width="66" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" bgcolor="#FFF3CE" >
<p align="right"><font size="2">(2.31)</font></td>
<td width="15" bgcolor="#FFF3CE" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" bgcolor="#FFF3CE" >
<font size="2">$</font></td>
<td width="50" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" bgcolor="#FFF3CE" >
<p align="right"><font size="2">(0.69)</font></td>
<td width="13" bgcolor="#FFF3CE" >
<font size="2"><i>&nbsp;</i></font></td>
<td width="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" bgcolor="#FFF3CE" >
<font size="2">$</font></td>
<td width="48" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" bgcolor="#FFF3CE" >
<p align="right"><font size="2">(7.83)</font></td>
</tr>
<tr valign="top">
<td width="341" colspan="1" >
<p style="margin-top: 10">
<font size="2"><b>WEIGHTED AVERAGE SHARES<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OUTSTANDING:</b></font></td>
<td width="97" colspan="2" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="14" colspan="1" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="15" colspan="1" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="341" bgcolor="#FFF3CE" >
<font size="2">Basic</font></td>
<td width="97" colspan="2" bgcolor="#FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2"><b>9,341</b></font></p>
</td>
<td width="14" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" bgcolor="#FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2">9,341</font></p>
</td>
<td width="15" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" bgcolor="#FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2">9,341</font></p>
</td>
<td width="13" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" bgcolor="#FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2">9,339</font></p>
</td>
</tr>
<tr valign="top">
<td width="341" colspan="1" >
<font size="2">Diluted</font></td>
<td width="97" colspan="2" >
<p align="right" style="border-bottom:double">
<font size="2"><b>9,348</b></font></p>
</td>
<td width="14" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98" colspan="2" >
<p align="right" style="border-bottom:double">
<font size="2">9,345</font></p>
</td>
<td width="15" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="2" >
<p align="right" style="border-bottom:double">
<font size="2">9,350</font></p>
</td>
<td width="13" colspan="1" >
<font size="2">&nbsp;</font></td>
<td width="68" colspan="2" >
<p align="right" style="border-bottom:double">
<font size="2">9,426</font></p>
</td>
</tr>
</table>
  </center>
</div>
<p align="center">
<font size="2">The accompanying notes are an integral part of these consolidated
statements.</font></p><p align="center">
<font face="Times New Roman" size="2">F-4<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font></p><p align="center">
<b><font size="2">MILLER INDUSTRIES, INC. AND SUBSIDIARIES</font></b><p align="center">
<b><font size="2">CONSOLIDATED
STATEMENTS OF SHAREHOLDERS&#8217; <a name="EQUITY">EQUITY</a></font></b><p align="center">
<b><font size="2">FOR THE YEAR ENDED DECEMBER 31,
2002, EIGHT MONTHS ENDED DECEMBER 31,<br>2001 AND YEARS ENDED APRIL 30, 2001 AND
2000<br>
(In thousands, except share data)<br>
&nbsp;</font></b><div align="center">
  <table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111" width="717">
<tr valign="top">
<td width="261" colspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" bgcolor=#FFF3CE align="center" valign="bottom" colspan="3" style="border-bottom-style: solid; border-bottom-width: 1">
<b><font size="2">Common<br>
Stock</font></b></td>
<td width="10" bgcolor=#FFF3CE align="center" valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="77" bgcolor=#FFF3CE align="center" valign="bottom" colspan="3" style="border-bottom-style: solid; border-bottom-width: 1">
<b><font size="2">Additional<br>
Paid-In<br>
Capital</font></b></td>
<td width="5" bgcolor=#FFF3CE align="center" valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="100" bgcolor=#FFF3CE align="center" valign="bottom" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1">
<b><font size="2">Retained<br>
Earnings<br>
(Accumulated<br>
Deficit)</font></b></td>
<td width="13" bgcolor=#FFF3CE align="center" valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="101" bgcolor=#FFF3CE align="center" valign="bottom" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1">
<b><font size="2">Accumulated<br>
Other<br>
Comprehensive<br>
Less</font></b></td>
<td width="10" bgcolor=#FFF3CE align="center" valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="69" bgcolor=#FFF3CE align="center" valign="bottom" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1">
<b><font size="2">Total</font></b></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2"><b>BALANCE, April 30, 1999</b></font></p>
</td>
<td width="36" colspan="2" align="right" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="35" align="right" >
<font size="2">93</font></td>
<td width="10" align="right" >
<font size="2">&nbsp;</font></td>
<td width="38" colspan="2" align="right" >
<p align="left">
<font size="2"> $</font></p align="right">
</td>
<td width="39" align="right" >
<font size="2"> 144,981</font></td>
<td width="5" align="right" >
<p align="left">
<font size="2">&nbsp;</font></td>
<td width="50" align="right" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="50" align="right" >
<font size="2">43,068&nbsp;</font></td>
<td width="13" align="right" >
<font size="2">&nbsp;</font></td>
<td width="20" align="right" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="81" align="right" >
<font size="2">(839)</font></td>
<td width="10" align="right" >
<font size="2">&nbsp;</font></td>
<td width="18" align="right" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="51" align="right" >
<font size="2">187,303&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comprehensive
loss:</font></p>
</td>
<td width="71" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net loss</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(73,143)&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(73,143)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other comprehensive,
net of tax:</font></p>
</td>
<td width="71" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign currency
translation</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustments</font></p>
</td>
<td width="71" colspan="3" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">(439)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">(439)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comprehensive
loss</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">(73,143)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">(439)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">(73,582)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exercise of stock
options</font></p>
</td>
<td width="71" colspan="3" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">100</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">100&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><b>BALANCE, April 30, 2000</b></font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">93</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">145,081</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">(30,075)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">(1,278)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">113,821&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comprehensive
loss:</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net loss</font></p>
</td>
<td width="71" colspan="3" rowspan="1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(6,434)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(6,434)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other comprehensive,
net of tax:</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign currency
translation</font></p>
</td>
<td width="71" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustments</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">(861)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">(861)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comprehensive
loss</font></p>
</td>
<td width="71" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">(6,434)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">(861)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">(7,295)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exercise of stock
options</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">7</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">7&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2"><b>BALANCE, April 30, 2001</b></font></p>
</td>
<td width="71" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">93</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">145,088</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">(36,509)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2">(2,139)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<p align="right">
<font size="2"> 106,533&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net loss</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(21,587)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(21,587)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other comprehensive,
net of tax:</font></p>
</td>
<td width="71" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign currency
translation</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustments</font></p>
</td>
<td width="71" colspan="3" rowspan="1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(91)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(91)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unrealized loss on
financial<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
instruments</font></p>
</td>
<td width="71" colspan="3" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="13" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">(12)</font></p align="right">
</td>
<td width="10" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right">
<font size="2">(12)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comprehensive
loss</font></p>
</td>
<td width="71" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">(21,587)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">(103)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">(21,690)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2"><b>BALANCE, December 31, 2001</b></font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145,088</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">(58,096)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,242)</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">84,843&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net loss</font></p>
</td>
<td width="71" colspan="3" rowspan="1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(45,694)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(45,694)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other comprehensive,
net of tax:</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">Foreign currency translation</font></p>
</td>
<td width="71" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="5" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustments</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">788&nbsp;</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">788&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2">Unrealized loss on financial instruments</font></p>
</td>
<td width="71" colspan="3" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">
0</font></p align="right">
</td>
<td width="10" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">
0</font></p align="right">
</td>
<td width="5" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">
0&nbsp;</font></p align="right">
</td>
<td width="13" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">
(240)</font></p align="right">
</td>
<td width="10" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">
(240)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Comprehensive loss</font></p>
</td>
<td width="71" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="77" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">0</font></p align="right">
</td>
<td width="5" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="100" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">(45,694)</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">548&nbsp;</font></p align="right">
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="69" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">(45,146)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="261" colspan="1" rowspan="1" >
<p>
<font size="2"><b>BALANCE, December 31, 2002</b></font></p>
</td>
<td width="17" style="border-bottom-style: double" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="19" style="border-bottom-style: double" >
<font size="2">&nbsp;</font></td>
<td width="35" style="border-bottom-style: double" >
<p align="right">
<font size="2">93</font></td>
<td width="10" >
<font size="2">&nbsp;</font></td>
<td width="19" style="border-bottom-style: double" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="19" style="border-bottom-style: double" >
<font size="2">&nbsp;</font></td>
<td width="39" style="border-bottom-style: double" >
<font size="2">145,088</font></td>
<td width="5" >
<font size="2">&nbsp;</font></td>
<td width="50" style="border-bottom-style: double" >
<font size="2">&nbsp;$</font></td>
<td width="50" style="border-bottom-style:  double" >
<font size="2">(103,790)</font></td>
<td width="13" >
<font size="2">&nbsp;</font></td>
<td width="20" style="border-bottom-style: double" >
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="81" style="border-bottom-style: double" >
<p align="right">
<font size="2">(1,694)</font></td>
<td width="10" >
<font size="2">&nbsp;</font></td>
<td width="18" style="border-bottom-style: double" >
<p align="left">
<font size="2">$&nbsp;&nbsp;</font></p align="right">
</td>
<td width="51" style="border-bottom-style: double" align="right" >
<font size="2">&nbsp;39,697&nbsp;</font></td>
</tr>
</table></div>
<p align="center">
<font size="2">The accompanying notes are an integral part of these consolidated
statements</font></p><p align="center">
<font face="Times New Roman" size="2">F-5<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p align="center" style="margin-bottom: 5">
<b><font size="2">MILLER INDUSTRIES, INC. AND SUBSIDIARIES<br>
CONSOLIDATED
STATEMENTS OF <a name="CASH">CASH</a> FLOWS<br>
FOR THE YEAR ENDED DECEMBER 31, 2002, EIGHT MONTHS ENDED DECEMBER 31,<br>2001
AND YEARS ENDED APRIL 30, 2001 AND 2002<br>
(In thousands)</font></b><div align="center" style="position:relative; left: 0">
  <table border=0 cellpadding=0 cellspacing =0 width="692" style="border-collapse: collapse" bordercolor="#111111" >
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>December
31,</b><br><b>2002</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">December 31,<br>2001</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">April 30,<br>2001</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">April 30,<br>2000</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1"><b>OPERATING ACTIVITIES:</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p style="margin-left: 10">
<font size="1">Net loss </font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>$(45,694)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">$(21,587)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">$(6,434)</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">$(73,143)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-left: 10">
<font size="1">Adjustments to reconcile net loss to net cash provided by<br>
operating activities:</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loss from discontinued
operations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>27,406&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">23,464&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">12,469&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">76,346&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation and
amortization</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>6,554&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">4,192&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">6,585&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">4,563&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provision for doubtful
accounts</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>563&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">168&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">25&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">105&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulative effect of
change in accounting principle</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>21,812&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Special charges and
other operating expenses, net</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>0&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">1,794&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">


<font size="1">2,770&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Gain) Loss on
disposals of property, plant, and equipment</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>(4)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">(19)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">(5)</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">(3)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income tax
(benefit) provision</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>3,726&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">

<font size="1">3,476&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(1,202)</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(12,730)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Paid in kind
interest</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>574&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from tax
refunds</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>9,046&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes in operating
assets and liabilities:</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts
receivable</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>(1,742)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">3,467&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">10,422&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(8,329)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventories</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>5,286&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">6,825&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">9,189&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">147&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and
other</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>(102)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">1,429&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(1,052)</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">629&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>(33)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">158&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">(1,716)</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">(374)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts
payable</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>637&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(5,014)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">572&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">6,090&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued liabilities and
other</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>(2,446)</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(6,067)</font></p>
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(2,335)</font></p>
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">10,677&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash provided by
operating activities from<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;continuing operations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>25,583&nbsp;</b></font></p>
</td>
<td width="12" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="79" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">12,286&nbsp;</font></p>
</td>
<td width="15" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="61" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">26,518</font></p>
</td>
<td width="9" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="64" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">6,748&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash (used in)
provided by operating activities<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;from discontinued operations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>(5,993)</b></font></p>
</td>
<td width="12" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="79" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(2,480)</font></p>
</td>
<td width="15" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="61" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(4,647)</font></p>
</td>
<td width="9" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">1,772&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash provided
operating activities</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>19,590&nbsp;</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">9,806&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">21,871</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">8,520&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p style="margin-top: 10">
<font size="1"><b>INVESTING ACTIVITIES:</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" >
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" >
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchases of property, plant, and equipment</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>(1,090)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(532)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(1,501)</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(3,828)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from sale of property, plant, and equipment</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>52&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">24&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">91</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp; </font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">16&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments received on notes receivables</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>142&nbsp;</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">151&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">314</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">--&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash used in investing activities from continuing<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;operations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>(896)</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(357)</font></p>
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(1,096)</font></p>
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(3,812)</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash provided by (used in) investing activities<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;from
discontinued operations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>19,134&nbsp;</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">192&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">9,377</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(3,799)</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash provided by (used in) investing activities</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>18,238&nbsp;</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(165)</font></p>
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">8,281</font></p>
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(7,611)</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10">
<font size="1"><b>FINANCING ACTIVITIES:</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p style="margin-top: 10"><font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net (payments) borrowings under senior credit facility</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>(1,310)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">25,885&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp; Borrowings under subordinated credit facility</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>--&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">14,000</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">0</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net (payments) borrowings under former credit facility</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>--&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">(23,543)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">(15,298)</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">(1,679)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp; Payments on long-term obligations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>(4,948)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(2,122)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(701)</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(1,063)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrowings under long-term obligations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>78&nbsp;</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">43&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additions to deferred financing costs</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1"><b>(1,699)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">(3,348)</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Termination of interest rate swap</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right">
<font size="1"><b>(239)</b></font></p align="right">
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right">
<font size="1">0&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from exercise of stock options</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>0&nbsp;</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">0&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">7&nbsp;</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">100&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash (used in) provided by financing activities from<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;continuing operations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>(8,118)</b></font></p>
</td>
<td width="12" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="79" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">10,872&nbsp;</font></p>
</td>
<td width="15" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="61" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(15,992)</font></p>
</td>
<td width="9" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(2,599)</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash used in financing activities from discontinued<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;operations</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>(36,232)</b></font></p>
</td>
<td width="12" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="79" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(17,132)</font></p>
</td>
<td width="15" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="61" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(13,169)</font></p>
</td>
<td width="9" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="64" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(1,452)</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net cash used in financing activities</font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>(44,350)</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(6,260)</font></p>
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(29,161)</font></p>
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">(4,051)</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1"><b>EFFECT OF EXCHANGE RATE CHANGES ON CASH AND&nbsp;TEMPORARY
INVESTMENTS</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">
<br><b>508&nbsp;</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">
<br>(145)</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">
<br>(354)</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">
<br>(199)</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1"><b>NET CHANGE IN CASH AND TEMPORARY INVESTMENTS</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="1"><b>(6,014)</b></font></p align="right">
</td>
<td width="12" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="79" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="1">3,236&nbsp;</font></p align="right">
</td>
<td width="15" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="61" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="1">637&nbsp;</font></p align="right">
</td>
<td width="9" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="64" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="1">(3,341)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1"><b>CASH AND TEMPORARY INVESTMENTS, beginning of
period</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1"><b>9,863&nbsp;</b></font></p>
</td>
<td width="12" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="79" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">6,627&nbsp;</font></p>
</td>
<td width="15" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="61" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">5,990&nbsp;</font></p>
</td>
<td width="9" valign="bottom" >
<font size="1">&nbsp;</font></td>
<td width="64" valign="bottom" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">9,331&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1"><b>CASH AND TEMPORARY INVESTMENTS-DISCONTINUED &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPERATIONS, end of
period</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">
<br><b>1,752&nbsp;</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">
<br>0&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">
<br>0&nbsp;</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="1">
<br>0&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1"><b>CASH AND TEMPORARY INVESTMENTS, end of period</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="1"><b>$2,097&nbsp;</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="1">$ 9,863&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="1">$ 6,627&nbsp;</font></p>
</td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="1">$ 5,990&nbsp;</font></p>
</td>

</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<p>
<font size="1"><b>SUPPLEMENTAL DISCLOSURE OF CASH FLOW

INFORMATION:</b></font></p>
</td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash payments for interest</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="1"><b>$7,392</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="1">$ 5,693&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="1">$13,981&nbsp;</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="1">$13,254&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash payments for income taxes</font></p>
</td>
<td width="10" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="1"><b>$&nbsp;&nbsp;&nbsp;581</b></font></p>
</td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="1">$&nbsp;&nbsp;&nbsp;383&nbsp;</font></p>
</td>
<td width="15" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="1">$&nbsp;&nbsp;&nbsp;&nbsp;690&nbsp;</font></p>
</td>
<td width="9" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="1">$&nbsp;&nbsp;&nbsp;&nbsp;2,094&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="361" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="10" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="81" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="79" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="15" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="9" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="637" colspan="9" rowspan="1" >
<p align="center">
<font size="1">The accompanying notes are an integral part of these consolidated
statements.</font></p>
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-6<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p align="center">
<b><font size="2">MILLER INDUSTRIES, INC. AND SUBSIDIARIES</font></b><p align="center">
<b><font size="2">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS</font></b><p>
<b><font size="2">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORGANIZATION AND NATURE OF OPERATIONS</font></b><p>
<font size="2">Miller Industries, Inc. and subsidiaries ("the Company") has historically been
an integrated provider of vehicle towing and recovery equipment. As further
described in Note 3, during the year ended December 31, 2002, the
Company&#8217;s management and board of directors made the decision to divest of
the remainder of its towing services segment, as well as the operations of the
distribution group of the towing and recovery equipment segment.  The principal
markets for the Company&#8217;s towing and recovery equipment are approximately
150 independent distributors and users of towing and recovery equipment located
primarily throughout the United States and other customers throughout the world.
The Company&#8217;s products are marketed under the brand names of Century,
Challenger, Holmes, Champion, Eagle, Jige, Boniface, Vulcan, and Chevron.</font></p><p>
<font size="2">The Company markets its towing and recovery services in the United States
through its wholly-owned subsidiary RoadOne, Inc.</font></p><p>
<b><font size="2">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GOING CONCERN</font></b><p>
<font size="2">The towing and recovery equipment manufacturing and towing services industries
are highly competitive. Certain competitors may have substantially greater
financial and other resources than the Company. These industries are also
subject to a number of external influences, such as general economic conditions,
interest rate levels, consumer confidence, and general credit availability.
Demand for the Company&#8217;s equipment has been negatively impacted by cost
pressures facing its customers.  Continuation of these pressures could impact
the Company&#8217;s ability to service its debt.</font></p><p>
<font size="2">The Company&#8217;s financial statements have been prepared on a going concern
basis, which contemplates the realization of assets and the settlement of
liabilities and commitments in the normal course of business.  As more fully
described below, subsequent to December 31, 2002, the Company was in default of
certain covenants under its senior (&#8220;Senior Credit Facility&#8221;) and
subordinated (&#8220;Junior Credit Facility&#8221;) credit facility agreements,
and its subordinated credit facility matures on July 23, 2003.  The senior and

subordinated credit facility agreements contain certain cross-default provisions
and provide for acceleration of amounts due as well as other remedies in the
event of default.  These circumstances raise substantial doubt about the
Company&#8217;s ability to continue as a going concern. </font>  <p>
<font size="2">The Junior Credit Facility, under which $14.4 million
was outstanding December 31, 2002&nbsp; matures on July 23, 2003.  There is no assurance that the Company will
be able to repay or refinance the outstanding principal and interest under the
Junior Credit Facility on the maturity date thereof.  If the Company fails to
repay all outstanding principal, interest and any other amounts due and owing
under the Junior Credit Facility on the maturity date, such failure will
constitute an event of default under the Junior Credit Facility and will also
trigger an event of default under the Senior Credit Facility cross-default
provisions.  A total of $42.4 million (continuing and discontinuing operations)
was outstanding under the Senior Credit Facility at December 31, 2002.  In such
case, the junior lender agent would be prevented from taking any enforcement
action against the Company, its subsidiaries or their respective assets in
respect of such event of default until the earlier of: (i) the date which is 120
days (subject to extension to 270 days by notice from senior lender agent to
junior lender agent) after the date upon which the junior lender agent gives
notice of enforcement to the senior lender agent pursuant to the terms of the
Intercreditor Agreement; (ii) the acceleration of the maturity of the
obligations of the Company under the </font></p><p align="center">
<font face="Times New Roman" size="2">F-7<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">Senior Credit Facility by the senior lender agent, and (iii) the commencement of
any bankruptcy, insolvency or similar proceeding against the Company or certain
of its subsidiaries.  The resulting event of default under the Senior Credit
Facility if the Company does not repay all of the obligations under the Junior
Credit Facility could result in the acceleration of the amounts due under the
Senior Credit Facility as well as other remedies if not waived by the senior
lenders.  There is no assurance that the Company will be able to obtain such a
waiver from the senior lenders or a waiver from the junior lenders of any event
of default that would occur as a result of the failure by the Company to repay
or refinance the outstanding principal and interest under the Junior Credit
Facility on the maturity date.</font></p><p>
<font size="2">Subsequent to December 31, 2002, the Company was in default under certain
covenants under its Senior and Junior Credit Facility agreements.  While the
Company has on several occasions negotiated amendments to its credit facilities
that waived certain defaults and brought the Company back into compliance,
waivers typically require payment of substantial additional fees, and there can
be no assurance that the lenders will agree to any future waivers or amendments.
The Company&#8217;s bank facilities are collateralized by liens on all of the
Company&#8217;s assets. The liens give the lenders the right to foreclose on the
assets of the Company under certain defined events of default and such
foreclosure could allow the lenders to gain control of the operations of the
Company.</font></p><p>
<font size="2">On September 13, 2002, the Company entered into the Third Amendment to Credit
Agreement in connection with its Senior Credit Facility. Pursuant to the Third
Amendment, the amount of the mandatory periodic reductions in the RoadOne
revolving loan commitment amount, as established in the April 15, 2002 Second
Amendment to Senior Credit Agreement, were increased by amounts calculated based
on updated asset appraisals completed in September 2002. Consequently, the
Company will need to repay outstanding loans and permanently reduce the RoadOne
loan commitment under its Senior Credit Facility over the life of the loan and
prior to the maturity date. Pursuant to the terms of the Second and Third
Amendments, the failure by the Company to repay outstanding loans and to reduce
the RoadOne revolving loan commitment by the amounts and the times required
pursuant to these amendments will result in increased interest rates on the
senior loans and/or the occurrence of an event of default under the Senior
Credit Facility.</font></p><p>
<font size="2">In addition, pursuant to the Third Amendment, the amount of availability that
can be generated for used inventory considered as eligible inventory for
collateral purposes was limited to $4.3 million (subject to downward adjustments
upon certain sales of sales of assets and stock by the Company and certain of
its subsidiaries) through February 28, 2003 and reduced to $0 thereafter. The
Sixth Amendment (discussed below 2003 Amendments) lowered the $4.3 million limit
and eliminated the further requirement for reduction to $0 after February 28,
2003.</font></p><p>
<font size="2">On November 14, 2002, the Company entered into the Fourth Amendment to the
Senior Credit Facility, which granted waivers from the senior lenders of
violations of certain financial covenants for the quarter ended September 2002.
There were no violations under the Junior Credit Facility. The Amendment also
reduced the level of certain financial covenants for future periods, basing them
strictly on the results of the towing and recovery equipment segment for those
periods. In addition, the amendment revised the Road One revolving commitment
amount based on the plan to sell all remaining towing service operations,
reducing the commitment amount to $15.0 million at November 30, 2002, $12.0
million at December 31, 2002, $9.0 million at January 31, 2003, $6.0 million at
February 28, 2003 and reducing to zero as of March 31, 2003. </font> <p>
<font size="2">On February 28, 2003, the Company entered into the Fifth Amendment to the Senior
Credit Facility. Pursuant to the Fifth Amendment, the date upon which the amount
of certain used inventory taken in trade for collateral purposes is reduced to
$-0- was extended from February 28, 2003 to March 31, 2003. </font></p><p align="center">
<font face="Times New Roman" size="2">F-8<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">In addition, the Fifth Amendment revised the RoadOne revolving commitment
reducing the amount to $9.0 million at February 28, 2003 and $-0- as of March
31, 2003. </font> <p>
<font size="2">On April 1, 2003, the Company entered into the Sixth Amendment to the Senior
Credit Facility.  The Sixth Amendment among other things, revised the RoadOne
revolving commitment, extending the time by one year for the reduction thereof to $9.0
million from March 31, 2003 to March 31, 2004 and extending the time for
reduction to $-0- from March 31, 2003 to March 31, 2004.  The amount of
availability that can be generated for used inventory considered as eligible
inventory for collateral purposes was reduced to $2.7 million with no further
required reductions. </font>  <p>
<font size="2">Meeting the new repayment schedule will require that the Company sell its
remaining towing services businesses according to its contemplated schedule on
acceptable terms. While the Company believes its timetable for sales is
achievable, there can be no assurance that the schedule can be met. Failure to
achieve the Company&#8217;s timetable for such sales or cash flow projections
could result in failure to comply with the amended debt service requirements.
Such non-compliance would result in additional events of default, which if not waived by
the lending groups, would result in the acceleration of the amounts due under
the credit facility as well as other remedies. In such case, the Company would
seek to refinance the remaining balances, but there is no assurance that the
Company would be able to obtain any such refinancing. If the Company were unable
to refinance the credit facility on acceptable terms or find an alternative
source of repayment for the credit facility, the Company&#8217;s business and
financial condition would be materially and adversely affected.</font></p><p>
<font size="2">Prior to making the determination to sell all of its remaining towing services
operations, the Company had focused on cost reduction and expense control, as
well as other opportunities for improving operating cash flows to improve
liquidity. The Company had also disposed of certain underperforming RoadOne

assets and operations in order to improve liquidity and to reduce expenses and
debt. As described in Note 3, in October 2002, the Company decided to sell all
remaining towing services operations.  During 2002, the Company sold 29 towing
services markets for proceeds of $23.5 million, which have been used to reduce
the RoadOne revolver.  The Company also made the decision in the fourth quarter
of 2002 to divest of the operations of the distribution group of the towing and
recovery equipment segment.  The Company may also be subject to inefficiencies,
management distractions, additional expenses and uncertainties resulting from
the rapid wind down of the infrastructure that was developed to provide support
to the over 100 towing services locations and nine distribution locations.
Administrative services such as insurance and surety bond coverage must be
maintained for all remaining Company operations, but such services could become
more expensive to maintain as the size of the remaining operations decrease.
Although the Company believes that it can manage the wind down effectively,
there can be no assurance that such will be the case.  Even if the Company is
able to manage the wind down effectively, it may nevertheless have an adverse
impact on the Company&#8217;s results of operations.</font></p><p>
<font size="2">In addition, the Company has experienced difficulty in maintaining its insurance
and surety bond coverage primarily as a result of disruption in these markets
resulting from the events of September 11<sup>th</sup>, 2001, general economic
conditions and the Company&#8217;s operating results.  Prospective purchasers of
towing services and distribution businesses have also experienced these
difficulties, which could have an adverse impact on the ability of such
purchasers to affect business acquisitions at prices satisfactory to the
Company.</font></p><p>
<font size="2">The Company received a tax refund of approximately $4.2 million during the
quarter ended June 30, 2002, which was used to reduce the RoadOne revolver and
cured the over-advance position that existed at that time.  An additional tax
refund of $4.6 million was received during the quarter ended September 30, 2002,
with proceeds used to further reduce the borrowings under the RoadOne revolver.
</font></p><p align="center">
<font face="Times New Roman" size="2">F-9<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">All of these efforts have resulted in approximately $28.1 million in reductions
to the RoadOne revolver since December 31, 2001. Additionally, the towing and
recovery equipment revolver and the term loan have been reduced $10.9 million
and $4.1 million, respectively, during the current fiscal year.</font></p><p>
<font size="2">The consolidated financial statements do not include any adjustments that might
result from the resolution of these matters.</font></p><p>
<b><font size="2">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISCONTINUED OPERATIONS</font></b><p>
<font size="2">During the fourth quarter of the year ended December 31, 2002, the
Company&#8217;s management and board of directors made the decision to divest of
its remaining towing services segment, as well as the operations of the
distribution group of the towing and recovery equipment segment. </font>  <p>
<font size="2">During the year ended December 31, 2002, the Company disposed of assets in 29
underperforming towing service markets, as well as assets in other markets of
its towing services segment.  Total proceeds from the sales were $23.5 million
which included $22.7 million in cash and $0.8 million in notes receivable.
Losses on the sales of discontinued operations were $5.1 million.  Subsequent to
year end, the Company entered into agreements for the sale of four towing
service markets and certain other assets with proceeds of approximately $1.6
million. </font>  <p>
<font size="2">At December 31, 2002, the Company had entered into agreements for the
disposition of three of the nine locations of the distribution group.
Subsequent to year end, the Company sold one distributor location with total
proceeds of approximately $1.9 million in cash and $0.8 million subordinated
notes receivable.</font></p><p>
<font size="2">In accordance with SFAS No. 144, &#8220;Accounting for the Impairment or
Disposal of Long-Lived Assets&#8221;, the assets for the towing services segment
and the distribution group are considered a &#8220;disposal group&#8221; and are
no longer being depreciated.  All assets and liabilities and results of
operations associated with these assets have been separately presented in the
accompanying financial statements at December 31, 2002.  The statements of
operations and related financial statement disclosures for all prior years have
been restated to present the towing services segment and the distribution group
as discontinued operations separate from continuing operations.  Results of
operations for the towing services segment and the distribution group reflect
interest expense for debt directly attributing to these businesses, as well as
an allocation of corporate debt based on intercompany balances.</font></p><p>
<font size="2">The operating results for the discontinued operations of the towing services
segment and the distributor group for the year ended December 31, 2002, the
eight months ended December 31, 2001, and the years ended April 30, 2001 and
2000 were as follows (in thousands):</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="147.999963" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="139.999965" colspan="6" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Year Ended December 31, 2002</font></p>
</td>
<td width="18.666662" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="141.333298" colspan="6" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Eight Months Ended<br>December 31,
2001</font></p>
</td>
<td width="14.666663" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="141.333298" colspan="6" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Year Ended April 30, 2001</font></p>
</td>
<td width="14.666663" bgcolor=#FFF3CE valign="bottom">
<font size="1">&nbsp;</font></td>
<td width="147.999963" colspan="6" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Year Ended April 30, 2000</font></p>
</td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="45.333322" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Dist.</font></p>
</td>
<td width="50.666654" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Towing</font></p>
</td>
<td width="42.666656" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Total</font></p>
</td>
<td width="18.666662" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="50.666654" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Dist.</font></p>
</td>
<td width="47.999988" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Towing</font></p>
</td>
<td width="42.666656" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Total</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="50.666654" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Dist.</font></p>
</td>
<td width="47.999988" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Towing</font></p>
</td>
<td width="42.666656" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Total</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td width="57.333319" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Dist.</font></p>
</td>
<td width="47.999988" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Towing</font></p>
</td>
<td width="42.666656" colspan="2" rowspan="1" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="1">Total</font></p>
</td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="45.333322" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="50.666654" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="42.666656" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="18.666662" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td width="50.666654" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="47.999988" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="42.666656" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td width="50.666654" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="47.999988" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="42.666656" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td width="57.333319" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="47.999988" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="42.666656" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" >
<p>
<font size="1">Net Sales</font></p>
</td>
<td rowspan="1" >
<p align="center">
<font size="1">$&nbsp;</font></p align="right">
</td>
<td rowspan="1" >
<p align="right">
<font size="1">85,353&nbsp;</font></td>
<td rowspan="1" >
<p align="center">
<font size="1">$&nbsp;</font></p align="right">
</td>
<td rowspan="1" >
<p align="right">
<font size="1">121,569&nbsp;</font></td>
<td rowspan="1" >
<font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">206,922&nbsp;</font></p align="right">
</td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td rowspan="1" >
<p align="center"><font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">60,555&nbsp;</font></p align="right">
</td>
<td rowspan="1" >
<p align="center"><font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">100,953&nbsp;</font></p align="right">
</td>
<td rowspan="1" >
<p align="center">
<font size="1">$</font></p align="right">
</td>
<td rowspan="1" >
<font size="1">161,508&nbsp;</font></td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td rowspan="1" >
<p align="center"><font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">100,322&nbsp;</font></p align="right">
</td>
<td rowspan="1" >
<p align="center"><font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">182,255&nbsp;</font></p align="right">
</td>
<td rowspan="1" >
<p align="center"><font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">282,577&nbsp;</font></p align="right">
</td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td rowspan="1" >
<p align="center"><font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">112,280&nbsp;</font></p align="right">
</td>
<td rowspan="1" >
<p align="center"><font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">207,942&nbsp;</font></p align="right">
</td>
<td rowspan="1" >
<p align="center"><font size="1">$</font></td>
<td rowspan="1" >
<p align="right">
<font size="1">320,222&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="45.333322" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" >
<p>
<font size="1">Operating income (loss)</font></p>
</td>
<td width="45.333322" colspan="2" rowspan="1" >
<p align="right">
<font size="1">(982)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(1,930)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(2,912)</font></p align="right">
</td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(2,171)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(15,600)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(17,771)</font></p align="right">
</td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">366</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(3,944)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(3,578)</font></p align="right">
</td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(5,439)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(82,727)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(88,166)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="45.333322" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" >
<p>
<font size="1">Net loss before taxes</font></p>
</td>
<td width="45.333322" colspan="2" rowspan="1" >
<p align="right">
<font size="1">(6,619)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(19,527)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(26,146)</font></p align="right">
</td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(5,036)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(19,005)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(24,041)</font></p align="right">
</td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(6,749)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(11,427)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(18,176)</font></p align="right">
</td>
<td colspan="1" rowspan="1" >
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(7,223)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(88,936)</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="1">(96,159)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td width="45.333322" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp; </font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
<td colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="1">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="147.999963" colspan="1" rowspan="1" >
<p>
<font size="1">Loss from discontinued<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; operations</font></p>
</td>
<td width="45.333322" valign="bottom" colspan="2" >
<p align="right">
<font size="1">(7,179)</font></p align="right">
</td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(20,227)</font></p align="right">
</td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(27,406)</font></p align="right">
</td>
<td valign="bottom" >
<font size="1">&nbsp;</font></td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(5,074)</font></p align="right">
</td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(18,390)</font></p align="right">
</td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(23,464)</font></p align="right">
</td>
<td valign="bottom" >
<font size="1">&nbsp;</font></td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(6,749)</font></p align="right">
</td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(5,720)</font></p align="right">
</td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(12,469)</font></p align="right">
</td>
<td valign="bottom" >
<font size="1">&nbsp;</font></td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(7,223)</font></p align="right">
</td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(69,123)</font></p align="right">
</td>
<td valign="bottom" colspan="2" >
<p align="right">
<font size="1">(76,346)</font></p align="right">
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-10<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">The following assets and liabilities are reclassified as held for sale at
December 31, 2002 (in thousands):</font></p>
<div align="center">
  <table border=0 cellpadding=0 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" width="573" >
<tr valign="top">
<td width="302" colspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="271" colspan="10" bgcolor=#FFF3CE style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2">Year Ended December 31, 2002</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center">
<font size="2">Dist.</font></p align="center">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center">
<font size="2">Towing</font></p align="center">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center">
<font size="2">Total</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Cash and temporary investments</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="52" colspan="2" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,443</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="12" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td width="61" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">309</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td bgcolor=#FFF3CE>
<p align="left">
<font size="2">$</font></p align="right">
</td>
<td bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,752</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Accounts receivable, net</font></p>
</td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">2,604</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE width="73">
<p align="right">
<font size="2">4,894</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE>
<p align="right">
<font size="2">7,498</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Inventories</font></p>
</td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">19,559</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE width="73">
<p align="right">
<font size="2">--</font></p align="right">

</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE>
<p align="right">
<font size="2">19,559</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Prepaid expenses and other<br>
current assets</font></p>
</td>
<td width="73" colspan="3" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">170</font></p>
</td>
<td width="33" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td colspan="3" bgcolor=#FFF3CE valign="bottom" width="73">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">3,387</font></p>
</td>
<td width="33" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">3,557</font></p>
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Current assets of discontinued<br>
operations held for sale</font></p>
</td>
<td width="73" colspan="3" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">

<font size="2">23,776</font></p>
</td>
<td width="33" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td colspan="3" bgcolor=#FFF3CE valign="bottom" width="73">
<p align="right" style="border-bottom:double">
<font size="2">8,590</font></p>
</td>
<td width="33" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">
<font size="2">32,366</font></p>
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Property, plant and equipment</font></p>
</td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE width="73">
<p align="right">
<font size="2">13,368</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE>
<p align="right">
<font size="2">13,368</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Other long-term assets</font></p>
</td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"> --</font></p>
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE width="73">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,049</font></p>
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,049</font></p>
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Noncurrent assets of<br>
discontinued operations held<br>
for sale</font></p>
</td>
<td width="73" colspan="3" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">
<font size="2">--</font></p>
</td>
<td width="33" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td colspan="3" bgcolor=#FFF3CE valign="bottom" width="73">
<p align="right" style="border-bottom:double">
<font size="2">15,417</font></p>
</td>
<td width="33" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">
<font size="2">15,417</font></p>
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Current portion of long-term debt</font></p>
</td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">12,632</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE width="73">
<p align="right">
<font size="2">11,484</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE>
<p align="right">
<font size="2">24,116</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Accounts payable</font></p>
</td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5,710</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE width="73">
<p align="right">
<font size="2">7,841</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE>
<p align="right">
<font size="2">13,551</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>

<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Accrued liabilities and other</font></p>
</td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">4,169</font></p>
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE width="73">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">11,376</font></p>
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">15,545</font></p>
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Current liabilities of<br>
discontinued operations held<br>
for sale</font></p>
</td>
<td width="73" colspan="3" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">
<font size="2">22,511</font></p>
</td>
<td width="33" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td colspan="3" bgcolor=#FFF3CE valign="bottom" width="73">
<p align="right" style="border-bottom:double">
<font size="2">30,701</font></p>
</td>
<td width="33" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">
<font size="2">53,212</font></p>
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Long-term debt</font></p>
</td>
<td width="73" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">0</font></p>
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE width="73">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,450</font></p>
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,450</font></p>
</td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="73" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" width="73" >
<font size="2">&nbsp;</font></td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="2" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Noncurrent liabilities of<br>
discontinued operations held<br>
for sale</font></p>
</td>
<td colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="left" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="52" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">
<font size="2">0</font></p>
</td>
<td bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="left" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">
<font size="2">1,450</font></p>
</td>
<td bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td bgcolor=#FFF3CE valign="bottom">
<p align="left" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="40" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:double">
<font size="2">1,450</font></p>
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-11<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</font></p><p>
<b><font size="2">Use of Estimates in the Preparation of Financial Statements</font></b><p>
<font size="2">The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reporting period.
Actual results could differ from those estimates.</font></p><p>
<b><font size="2">Consolidation</font></b><p>
<font size="2">The accompanying consolidated financial statements include the accounts of
Miller Industries, Inc. and its subsidiaries. All significant intercompany
transactions and balances have been eliminated.</font></p><p>
<b><font size="2">Cash and Temporary Investments</font></b><p>
<font size="2">Cash and temporary investments include all cash and cash equivalent investments
with original maturities of three months or less, primarily consisting of
overnight repurchase agreements.</font></p><p>
<b><font size="2">Fair Value of Financial Instruments</font></b><p>
<font size="2">The carrying values of cash and temporary investments, accounts receivable,
accounts payable, and accrued liabilities are reasonable estimates of their fair
values because of the short maturity of these financial instruments. The
carrying values of long-term obligations are reasonable estimates of their fair
values based on the rates available for obligations with similar terms and
maturities.</font></p><p>
<b><font size="2">Inventories</font></b><p>
<font size="2">Inventory costs include materials, labor, and factory overhead. Inventories are
stated at the lower of cost or market, determined on a first-in, first-out
basis. Inventories for continuing operations at December 31, 2002 and
consolidated operations at December 31, 2001, and April 30, 2001 consisted of
the following (in thousands):</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="219.999945" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2002</font></p>
</td>
<td width="22.666661" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="131.999967" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2001</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="118.666637" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2001</font></p>
</td>
</tr>
<tr valign="top">
<td width="219.999945" colspan="1" rowspan="1" >
<p>
<font size="2">Chassis</font></p>
</td>
<td width="19.999995" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="right">
<font size="2">1,316&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="22.666661" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td colspan="2" rowspan="1" >
<p align="right">
<font size="2">8,157&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23.999994" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="94.666643" colspan="1" rowspan="1" >
<p align="right">
<font size="2">8,650&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="219.999945" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Raw materials</font></p>
</td>
<td width="122.666636" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">10,993&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="22.666661" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">12,187&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="118.666637" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">14,133&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="219.999945" colspan="1" rowspan="1" >
<p>
<font size="2">Work in process</font></p>
</td>
<td width="122.666636" colspan="2" rowspan="1" >
<p align="right">
<font size="2">7,746&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="22.666661" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" >
<p align="right">
<font size="2">9,614&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="118.666637" colspan="2" rowspan="1" >
<p align="right">
<font size="2">10,544&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="219.999945" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Finished goods</font></p>
</td>
<td width="122.666636" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">7,760&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="22.666661" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">30,156&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="118.666637" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">34,508&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="219.999945" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="19.999995" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="102.666641" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">27,815&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="22.666661" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33.333325" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">60,114&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23.999994" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="94.666643" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">67,835&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
</table></div>
<p>
<b><font size="2">Property, Plant, and Equipment</font></b><p>
<font size="2">Property, plant, and equipment are recorded at cost. Depreciation for financial
reporting purposes is provided using the straight-line method over the estimated
useful lives of the assets. Accelerated depreciation methods are used for income
tax reporting purposes. Estimated useful lives range from 20 to 30 years for
buildings and improvements and 5 to 10 years for machinery and equipment,
furniture and fixtures, and software costs. Expenditures for routine maintenance
and repairs are charged to expense as incurred. Expenditures related to major
overhauls and refurbishments of towing services equipment that extend the
related useful lives are capitalized. Internal labor is used in certain capital
projects.</font></p><p align="center">
<font face="Times New Roman" size="2">F-12<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">Property, plant, and equipment for continuing operations at December 31, 2002
and consolidated operations at December 31, 2001, and April 30, 2001 consisted
of the following (in thousands):</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="125.333302" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2002</font></p>
</td>
<td width="26.666660" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="130.666634" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2001</font></p>
</td>
<td width="27.999993" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109.333306" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2001</font></p>
</td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="125.333302" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="26.666660" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="130.666634" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="27.999993" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109.333306" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Land</font></p>

</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="105.333307" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,734&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="26.666660" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="97.333309" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">3,858&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="27.999993" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13.333330" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="95.999976" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">4,052&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" >
<p>
<font size="2">Buildings and improvements</font></p>
</td>
<td width="125.333302" colspan="2" rowspan="1" >
<p align="right">
<font size="2">18,696&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="26.666660" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="130.666634" colspan="2" rowspan="1" >
<p align="right">
<font size="2">19,672&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="27.999993" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109.333306" colspan="2" rowspan="1" >
<p align="right">
<font size="2">22,444&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Machinery and equipment</font></p>
</td>
<td width="125.333302" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">11,046&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="26.666660" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="130.666634" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">58,633&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="27.999993" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109.333306" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">58,256&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" >
<p>
<font size="2">Furniture and fixtures</font></p>
</td>
<td width="125.333302" colspan="2" rowspan="1" >
<p align="right">
<font size="2">5,416&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="26.666660" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="130.666634" colspan="2" rowspan="1" >
<p align="right">
<font size="2">9,336&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="27.999993" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109.333306" colspan="2" rowspan="1" >
<p align="right">
<font size="2">9,724&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Software costs</font></p>
</td>
<td width="125.333302" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">5,598&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="26.666660" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="130.666634" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">5,041&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="27.999993" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109.333306" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">4,707&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="125.333302" colspan="2" rowspan="1" >
<p align="right">
<font size="2">42,490&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="26.666660" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="130.666634" colspan="2" rowspan="1" >
<p align="right">
<font size="2">96,540&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="27.999993" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109.333306" colspan="2" rowspan="1" >
<p align="right">
<font size="2">99,183&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Less accumulated depreciation</font></p>
</td>
<td width="125.333302" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(19,369)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="26.666660" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="130.666634" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(43,418)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="27.999993" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109.333306" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(40,619)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="211.999947" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="19.999995" colspan="1" rowspan="1" >


<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="105.333307" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">23,121&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="26.666660" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33.333325" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="97.333309" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">53,122&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="27.999993" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13.333330" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="95.999976" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">58,564&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
</table></div>
<p>
<font size="2">The Company recognized $3,566,000, $2,496,000, $3,864,000 and $3,209,000 in
depreciation expense for continuing operations for the year ended December 31,
2002, the eight months ended December 31, 2001 and the fiscal years ended April
30, 2001, and 2000, respectively.  Depreciation expense for discontinued
operations was $2,822,000, $3,530,000, $5,820,000 and $10,689,000 for the year
ended December 31, 2002, the eight months ended December 31, 2001, and the
fiscal years ended April 30, 2001 and 2000, and is included in the loss from
discontinued operations in the consolidated statement of operations. </font>  <p>
<font size="2">The Company capitalizes costs related to software development in accordance with
established criteria, and amortizes those costs to expense on a straight-line
basis over five years. System development costs not meeting proper criteria for
capitalization are expensed as incurred.</font></p><p>
<b><font size="2">Net Income (Loss) Per Share</font></b><p>
<font size="2">Basic net income (loss) per share is computed by dividing net income (loss) by
the weighted average number of common shares outstanding. Diluted net income
(loss) per share is calculated by dividing net income (loss) by the weighted
average number of common and potential dilutive common shares outstanding.
Diluted net income per share takes into consideration the assumed exercise of
outstanding stock options resulting in approximately 7,000, 4,000, 9,000 and
87,000 potential dilutive common shares for the year ended December 31, 2002,
the eight months ended December 31, 2001, and the years ended April 30, 2001 and
2000, respectively.</font></p><p>
<font size="2">On October 1, 2001, the Company effected a one-for-five reverse common stock
split. All historical and per share amounts have been retroactively restated to
reflect the reverse common stock split.</font></p><p>
<b><font size="2">Goodwill and Long-Lived Assets</font></b><p>
<font size="2">Goodwill is accounted for in accordance with SFAS No. 141 "Business
Combinations" and SFAS No. 142 "Goodwill and Other Intangible Assets". Upon
adoption of these standards in January 2002, the Company ceased to amortize
goodwill (see Note 7 for further discussion).</font></p><p>
<font size="2">In accordance with SFAS No. 144, &#8220;Accounting for the Impairment of
Long-Lived Assets&#8221;, management evaluates the carrying value of long-lived
assets when significant adverse changes in economic value of these assets
requires an analysis, including property and equipment and other intangible
assets.  With the adoption of SFAS No. 144, in January 2002, a long-lived asset
is considered impaired when its fair value is less than its carrying value.  In
that event, a loss is calculated based on the amount the carrying value exceeds
the fair value which is estimated based on future cash flows.  Prior to adopting
SFAS No. 144, a long-lived asset was considered impaired when undiscounted
cash flows or fair value, whichever was more readily determinable, to be
realized from such asset was less than the carrying value.</font></p><p align="center">
<font face="Times New Roman" size="2">F-13<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">Accumulated amortization of goodwill was $2,140,000, for continuing operations
at December 31, 2002 and $4,373,000 and $4,550,000 for consolidated operations
at December 31, 2001 and April 30, 2001, respectively.  Amortization expense for
continuing operations for the eight months ended December 31, 2001 and the
fiscal years ended April 30, 2001, and 2000, was $272,000, $410,000, and
$398,000, respectively.  Amortization expense for discontinued operations was
$751,000, $1,146,000, and $2,393,000 for the eight months ended December 31,
2001, and the fiscal years ended April 30, 2001 and 2000, and is included in the
loss from discontinued operations in the consolidated statement of operations.
</font>
<p>
<b><font size="2">Patents, Trademarks, and Other Purchased Product Rights</font></b><p>
<font size="2">The cost of acquired patents, trademarks, and other purchased product rights is
capitalized and amortized using the straight-line method over various periods
not exceeding 20 years. Total accumulated amortization of these assets was
$1,219,000 for continuing operations at December 31, 2002 and $1,080,000 and
$961,000 for consolidated operations at December 31, 2001 and April 30, 2001.
Amortization expense for continuing operations for the year ended December 31,
2002, the eight months ended December 31, 2001 and the fiscal years ended April
30, 2001, and 2000 was $162,000, $112,000, $168,000, and $134,000, respectively.
Amortization expense for discontinued operations was $149,000, $7,000, and
$5,000 for the year ended December 31, 2002, the eight months ended December 31,
2001, and the fiscal year ended April 30, 2001, and is included in the loss from
discontinued operations in the consolidated statement of operations.  Based on
the current amount of intangible assets subject to amortization, the estimated
amortization expense for the succeeding five years are as follows:  2003 -
$144,000; 2004 - $141,000; 2005 - $140,000; 2006 - $113,000; and 2007 - $-0-.
As acquisitions and dispositions of intangible assets occur in the future, these
amounts may vary.</font></p><p>
<b><font size="2">Deferred Financing Costs</font></b><p>
<font size="2">All deferred financing costs are included in other assets of continuing
operations and are amortized over the terms of the respective obligations. Total
accumulated amortization of deferred financing costs at December 31, 2002, and
2001, and April 30, 2001 was $3,227,000, $349,000, and $2,968,000, respectively.
Amortization expense for the year ended December 31, 2002, the eight months
ended December 31, 2001 and the fiscal years ended April 30, 2001, and 2000 was
$2,878,000, $1,272,000, $2,127,000, and $961,000, respectively, and is included
in interest expense in the accompanying consolidated statements of
operations.</font></p><p>
<b><font size="2">Accrued Liabilities and Other</font></b><p>
<font size="2">Accrued liabilities and other consisted of the following for continuing
operations at December 31, 2002 and for consolidated operations at December 31,
2001, and April 30, 2001 (in thousands):</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="177.333289" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="133.333300" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2002</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2001</font></p>
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2001</font></p>
</td>
</tr>
<tr valign="top">
<td width="177.333289" colspan="1" rowspan="1" >
<p>
<font size="2">Accrued wages, commissions, bonuses, and benefits</font></p>
</td>
<td width="17.333329" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="114.666638" colspan="1" rowspan="1" >
<p align="right">
<font size="2">3,447&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13.333330" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="125.333302" colspan="1" rowspan="1" >
<p align="right">
<font size="2">10,713&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="13.333330" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="125.333302" colspan="1" rowspan="1" >
<p align="right">
<font size="2">12,665&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="177.333289" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Accrued income taxes</font></p>
</td>
<td width="133.333300" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">590&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">676&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>


<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">635&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="177.333289" colspan="1" rowspan="1" >
<p>
<font size="2">Accrued special charge</font></p>
</td>
<td width="133.333300" colspan="2" rowspan="1" >
<p align="right">
<font size="2">--&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" >
<p align="right">
<font size="2">1,089&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" >
<p align="right">
<font size="2">2,023&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="177.333289" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Accrued Insurance</font></p>
</td>
<td width="133.333300" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">3,712&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">3,469&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="177.333289" colspan="1" rowspan="1" >
<p>
<font size="2">Other</font></p>
</td>
<td width="133.333300" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">8,569&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="19.999995" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,564&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="177.333289" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="114.666638" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">6,147&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="125.333302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">24,759&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="13.333330" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="125.333302" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">25,356&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-14<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<b><font size="2">Stock-Based Compensation</font></b><p>
<font size="2">The Company accounts for its stock-based compensation plans under Accounting
Principles Board Opinion No. 25, "Accounting for Stock Issued to Employees". The
Company has adopted the disclosure option of SFAS No. 123, "Accounting for
Stock-Based Compensation". Accordingly, no compensation cost has been recognized
for stock option grants since the options have exercise prices equal to the
market value of the common stock at the date of grant.</font></p><p>
<font size="2">For SFAS No. 123 purposes, the fair value of each option grant has been
estimated as of the date of grant using the Black-Scholes option-pricing model
with the following weighted average assumptions for grants in the year ended
December 31, 2002, the eight months ended December 31, 2001 and the fiscal years
ended April 30, 2001, 2000, and 1999, respectively: expected dividend yield of
0%; expected volatility of 84%, 72%, 71%, and 59%; risk-free interest rate of
3.84%, 4.28%, 6.10%, and 6.13%; and expected lives of 3.0 years for the year
ended December 31, 2002, 5.0 years for the eight months ended December 31, 2001
and 5.5 years for the fiscal years ended April 30, 2001, and 2000. Using these
assumptions, the fair value of options granted in the year ended December 31,
2002, the eight months ended December 31, 2001, and the fiscal years ended April
30, 2001 and 2000 is approximately $53,000, $355,000, $300,000, and $1,259,000,
respectively, which would be amortized as compensation expense over the vesting
period of the options.</font></p><p>
<font size="2">Had compensation cost for stock option grants in the fiscal year ended December
31, 2002, the eight months ended December 31, 2001 and the fiscal years ended
April 30, 2001 and 2000, been determined based on the fair value at the grant
dates consistent with the method prescribed by SFAS No. 123, the Company&#8217;s
net loss and net loss per share would have been adjusted to the pro forma
amounts indicated below:</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="241.333273" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="118.666637" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2002</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2001</font></p>
</td>
<td width="15.999996" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2001</font></p>
</td>
<td width="17.333329" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2000</font></p>
</td>
</tr>
<tr valign="top">
<td width="241.333273" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="118.666637" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="17.333329" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="241.333273" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Net loss available to common<br>
stockholders, as reported</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="97.333309" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(45,694)</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="25.333327" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="95.999976" colspan="1" rowspan="1" bgcolor=#FFF3CE>

<p align="right">
<font size="2">(21,587)</font></p align="right">
</td>
<td width="15.999996" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="26.666660" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="66.666650" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(6,434)</font></p align="right">
</td>
<td width="17.333329" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="74.666648" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(73,143)</font></p align="right">
</td>
</tr>
<tr valign="top">

<td width="241.333273" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Add:  Stock-based employee<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;compensation expense included in<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;reported net loss,
net of related tax<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;effects </font> </p>
</td>
<td width="118.666637" colspan="2" valign="bottom" >
<p align="right">
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="14.666663" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="2" valign="bottom" >
<p align="right">
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="15.999996" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="2" valign="bottom" >
<p align="right">
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="17.333329" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="2" valign="bottom" >
<p align="right">
<p align="right">
<font size="2">--</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="241.333273" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deduct:  Total stock-based employee<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;compensation expense determined<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;under fair
value based method for<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all awards, net of related tax effects</font></p>
</td>
<td width="118.666637" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">&nbsp;&nbsp;(400)</font></p>
</td>
<td width="14.666663" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">226</font></p>
</td>
<td width="15.999996" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(1,783)</font></p>
</td>
<td width="17.333329" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(2,596)</font></p>
</td>
</tr>
<tr valign="top">
<td width="241.333273" colspan="1" rowspan="1" >
<p>
<font size="2">Net loss available to common<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;stockholders, pro forma</font></p>
</td>
<td width="21.333328" valign="bottom" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="97.333309" valign="bottom" >
<p align="right" style="border-bottom:double">
<font size="2">(46,094)</font></p>
</td>
<td width="14.666663" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="25.333327" valign="bottom" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="95.999976" valign="bottom" >
<p align="right" style="border-bottom:double">
<font size="2">(21,361)</font></p>
</td>
<td width="15.999996" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="26.666660" valign="bottom" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="66.666650" valign="bottom" >
<p align="right" style="border-bottom:double">
<font size="2">(8,217)</font></p>
</td>
<td width="17.333329" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="19.999995" valign="bottom" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="74.666648" valign="bottom" >
<p align="right" style="border-bottom:double">
<font size="2">(75,739)</font></p>
</td>
</tr>

<tr valign="top">
<td width="241.333273" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Loss per common share:<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic and diluted, as reported</font></p>
</td>
<td width="21.333328" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="97.333309" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">(4.89)</font></p align="right">
</td>
<td width="14.666663" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="25.333327" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="95.999976" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">(2.31)</font></p align="right">
</td>
<td width="15.999996" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="26.666660" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="66.666650" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">(0.69)</font></p align="right">
</td>
<td width="17.333329" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="19.999995" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="74.666648" bgcolor=#FFF3CE valign="bottom">
<p align="right">
<font size="2">(7.83)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="241.333273" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic and diluted, pro forma</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="97.333309" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(4.93)</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="25.333327" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="95.999976" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(2.29)</font></p align="right">
</td>
<td width="15.999996" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="26.666660" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="66.666650" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(0.88)</font></p align="right">
</td>
<td width="17.333329" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="19.999995" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="74.666648" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(8.11)</font></p align="right">
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-15<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<b><font size="2">Product Warranty</font></b><p>
<font size="2">The Company provides a one-year limited product and service warranty on certain
of its products.  The Company provides for the estimated cost of this warranty
at the time of sale. Warranty expense for continuing operations for the year
ended December 31, 2002, the eight months ended December 31, 2001 and the fiscal
years ended April 30, 2001, and 2000 was $1,489,000, $1,271,000, $2,126,000, and
$2,079,000, respectively.</font></p><p>
<b><font size="2">Credit Risk</font></b><p>
<font size="2">Financial instruments that potentially subject the Company to significant
concentrations of credit risk consist principally of cash investments and trade
accounts receivable. The Company places its cash investments with high-quality
financial institutions and limits the amount of credit exposure to any one
institution. The Company&#8217;s trade receivables are primarily from
independent distributors of towing and recovery equipment and towing service
customers. Such receivables are generally not collateralized for towing service
customers. The Company monitors its exposure for credit losses and maintains
allowances for anticipated losses.</font></p><p>
<b><font size="2">Revenue Recognition</font></b><p>
<font size="2">Revenue is recorded by the Company when equipment is shipped to independent
distributors or other customers. Revenue from towing services (discontinued
operations) is recognized when services are performed.</font></p><p>
<b><font size="2">Financial Instruments</font></b><p>
<font size="2">SFAS No. 133, "Accounting for Derivative Instruments and Hedging Activities",
establishes accounting and reporting standards requiring that every derivative
instrument (including certain derivative instruments embedded in other
contracts) be recorded in the balance sheet as either an asset or liability
measured at its fair value. Changes in the derivative&#8217;s fair value are
recognized currently in earnings unless specific hedge accounting criteria are
met. Special accounting for qualifying hedges allows a derivative&#8217;s gains
and losses to offset related results on the hedged item in the income statement,
and requires that a company must formally document, designate, and assess the
effectiveness of transactions that receive hedge accounting. The adoption of
SFAS No. 133 did not have a material effect on the Company&#8217;s financial
statements. See Note 9 for additional discussions.</font></p><p>
<b><font size="2">Recent Accounting Pronouncements</font></b><p>
<font size="2">In April 2002, the FASB issued SFAS No. 145, &#8220;Rescission of SFAS Nos. 4,
44, and 64, Amendment of SFAS No. 13, and Technical Corrections as of April
2002.&#8221;  This Statement rescinds SFAS No. 4, &#8220;Reporting Gains and
Losses from Extinguishment of Debt&#8221;, and an amendment of that Statement,
SFAS No. 64, &#8220;Extinguishments of Debt Made to Satisfy Sinking-Fund
Requirements.&#8221;  This Statement also rescinds SFAS No. 44,
&#8220;Accounting for Intangible Assets of Motor Carriers.&#8221;  This
Statement amends SFAS No. 13, &#8220;Accounting for Leases&#8221;, to eliminate
an inconsistency between the required accounting for sale-leaseback transactions
and the required accounting for certain lease modifications that have economic
effects that are similar to sale-leaseback transactions.  SFAS No. 145 will be
effective for fiscal 2003, which begins January 1, 2003.  Management does not
expect the adoption of this statement to have a material impact on the
Company&#8217;s results of operations or financial position.</font></p><p align="center">
<font face="Times New Roman" size="2">F-16<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">FASB has issued SFAS No. 146, &#8220;Accounting for Exit or Disposal
Activities&#8221;.  SFAS No. 146 addresses the recognition, measurement, and
reporting of costs that are associated with exit and disposal activities,
including costs related to terminating a contract that is not a capital lease
and termination benefits that employees who are involuntarily terminated receive
under the terms of a one-time benefit arrangement that is not an ongoing benefit
arrangement or an individual deferred-compensation contract.  SFAS No. 146
supersedes Emerging Issues Task Force Issue No. 94-3, &#8220;Liability
Recognition for Certain Employee Termination Benefits and Other Costs to Exit an
Activity (including Certain Costs Incurred in a Restructuring)&#8221; and
requires liabilities associated with exit and disposal activities to be expensed
as incurred.  SFAS No. 146 will be effective for exit or disposal activities of
the Company that are initiated after December 31, 2002.</font></p><p>
<b><font size="2">Reclassifications</font></b><p>
<font size="2">Certain prior year amounts have been reclassified to conform to current year
presentation, with no impact on previously reported shareholders&#8217; equity
or net income (loss).</font></p><p>
<b><font size="2">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FISCAL YEAR CHANGE</font></b><p>
<font size="2">Effective December 31, 2001, the Company changed its fiscal year end from April
30 to December 31. The table below summarizes selected financial data for the
eight months ended December 31, 2001 and December 31, 2000.</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="279.999930" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="126.666635" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">
<br>Eight months ended<br>December 31,
2001</font></p>
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Eight months ended<br>December 31,
2000<br>(unaudited)</font></p>
</td>
</tr>
<tr valign="top">
<td width="279.999930" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="286.666595" colspan="3" rowspan="1" >
<p align="center">

<font size="2">(in thousands)</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="279.999930" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Net Sales</font></p>
</td>
<td width="126.666635" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$142,445&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$136,551&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="279.999930" colspan="1" rowspan="1" >
<p>
<font size="2">Depreciation and amortization</font></p>
</td>
<td width="126.666635" colspan="1" rowspan="1" >
<p align="right">
<font size="2">2,880&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="1" rowspan="1" >
<p align="right">
<font size="2">2,941&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="279.999930" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Special charges and other operating expenses, net</font></p>
</td>
<td width="126.666635" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,794&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">-0-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="279.999930" colspan="1" rowspan="1" >
<p>
<font size="2">Operating income (loss)</font></p>
</td>
<td width="126.666635" colspan="1" rowspan="1" >
<p align="right">
<font size="2">5,351&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="1" rowspan="1" >
<p align="right">
<font size="2">5,495&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="279.999930" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Interest expense, net</font></p>
</td>
<td width="126.666635" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,055&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5,546&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="279.999930" colspan="1" rowspan="1" >
<p>
<font size="2">Income from continuing operations</font></p>
</td>
<td width="126.666635" colspan="1" rowspan="1" >
<p align="right">
<font size="2">1,877&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="19.999995" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="139.999965" colspan="1" rowspan="1" >
<p align="right">
<font size="2">4,296&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
</table></div>
<p>
<b><font size="2">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPECIAL CHARGES</font></b><p>
<font size="2">During the year ended December 31, 2002, the eight months ended December 31,
2001, and the fiscal year ended April 30, 2000, the Company recorded special
charges and other net operating expenses for asset impairments and the
rationalization of certain operations, as follows (in thousands):</font></p>
<div align="center"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31,<br>2002</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31,<br>2001</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30,<br>2000</font></p>
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" >
<p>
<font size="2">Towing Services (included in discontinued operations)</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>

<td width="97.333309" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Impairment of goodwill</font></p>
</td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="77.333314" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="77.333314" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">10,778</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="19.999995" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="78.666647" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">50,542</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Impairment of long-lived assets</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right">
<font size="2">1,533</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right">
<font size="2">2,644</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<p align="right">
<font size="2">18,576</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Special charges and  rationalization<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of operations</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">8,658</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">--</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,041</font></p>
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">$</font></p>
</td>
<td width="77.333314" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">10,191</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">13,422</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">75,159</font></p>
</td>



</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Towing and Recovery Equipment:</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >

<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Impairment of goodwill</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing Operations</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right">
<font size="2">564</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<p align="right">
<font size="2">--</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued Operations</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"> --</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">916</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">4,967</font></p>
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right">
<font size="2">1,480</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<p align="right">
<font size="2">4,967</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Impairment of long-lived assets</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing Operations</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>


<td width="97.333309" colspan="2" rowspan="1" >
<p align="right">
<font size="2">1,230</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<p align="right">
<font size="2">2,770</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued Operations</font></p>
</td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,637</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">540</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">--</font></p>
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,637</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="97.333309" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,770</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,770</font></p>
</td>
</tr>
<tr valign="top">
<td width="221.333278" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
</p>
</td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="77.333314" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">11,828</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="77.333314" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">16,672</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="78.666647" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">82,896</font></p>
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-17<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">During the twelve months ended April 30, 2000, the Company recorded pretax,
special charges of $6,041,000 for costs related to the rationalization of its
towing services operations. These charges include approximately $4,589,000 for
the cost of early termination of certain employment contracts, approximately
$857,000 for the cost of early termination of facility leases and $595,000 for
losses on the disposal of certain excess equipment and other property-related
charges. At December 31, 2002, approximately $5,638,000 had been charged against
the related reserves. The remaining reserve will be utilized as payments are
made under the terms of employment termination agreements and facility
leases.</font></p><p>
<font size="2">The Company periodically reviews the carrying amount of long-lived assets and
goodwill in both its towing services and towing equipment segments to determine
if those assets may be recoverable based upon the future operating cash flows
expected to be generated by those assets. As a result of such review during the
eight months ended December 31, 2001 and the fiscal year ended April 30, 2000,
the Company concluded that the carrying value of such assets in certain towing
services markets and certain assets within the Company&#8217;s towing and
recovery equipment segment were not fully recoverable.</font></p><p>
<font size="2">Impairment charges of $10,778,000 and $50,542,000 were recorded for the eight
months ended December 31, 2001 and the fiscal year ended April 30, 2000,
respectively, to write-down the goodwill in certain towing services markets to
their estimated fair value. Additionally, charges of $10,191,000, $2,644,000 and
$18,576,000 were recorded for the year ended December 31, 2002, the eight months
ended December 31, 2001 and the fiscal year ended April 30, 2000 to write-down
the carrying value of certain long-lived assets (primarily property and
equipment) and other special changes in related markets to estimated fair value.
The Company determined fair value for these assets on a market by market basis
taking into consideration various factors affecting the valuation in each
market.</font></p><p>
<font size="2">The Company also reviewed the carrying values of the goodwill associated with
certain investments within its towing and recovery equipment segment. This
evaluation indicated that the recorded amounts of goodwill for certain of these
investments were not fully recoverable. Impairment charges of $1,480,000 and
$4,967,000 were recorded to reduce the carrying amounts of the goodwill to
estimated fair value at December 31, 2001 and April 30, 2000, respectively. The
Company recorded $1,637,000, $1,770,000 and $2,770,000 of additional costs
related to the write-down of the carrying value of other long-lived assets of
its towing and recovery equipment segment for the year ended December 31, 2002
the eight months ended December 31, 2001 and the twelve months ended April 30,
2000.</font></p><p>
<font size="2">In accordance with SFAS No. 121 and APB No. 17, the Company wrote-off goodwill
and long-lived assets of $3,250,000 and $7,737,000 associated with the towing
and recovery equipment segment as of December 31, 2001 and April 30, 2000,
respectively. Additionally, during the eight months ended December 31, 2001 and
the fiscal year ended April 30, 2000, the Company wrote-off goodwill and
long-lived assets associated with the towing services segment of $13,422,000 and
$69,118,000, respectively. Management believes its long-lived assets are
appropriately valued following the impairment charges.</font></p><p align="center">
<font face="Times New Roman" size="2">F-18<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<b>
<font size="2">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GOODWILL AND OTHER LONG-LIVED ASSETS</font></b><p>
<font size="2">In June 2001, the FASB issued SFAS No. 141, "Business Combinations" and SFAS No.
142, "Goodwill and Other Intangible Assets" (collectively the "Standards"). The
Standards were effective for fiscal years beginning after December 15, 2001.
Companies with fiscal years beginning after March 15, 2001 could early adopt,
but only as of the beginning of that fiscal year and only if all existing
goodwill was evaluated for impairment by the end of that fiscal year. SFAS No.
141 requires companies to recognize acquired identifiable intangible assets
separately from goodwill if control over the future economic benefits of the
asset results from contractual or other legal rights or the intangible asset is
capable of being separated or divided and sold, transferred, licensed, rented, or exchanged. The Standards
require the value of a separately identifiable intangible asset meeting any of
the criteria to be measured at its fair value. SFAS No. 142 requires that
goodwill not be amortized and that amounts recorded as goodwill be tested for
impairment. Annual impairment tests have to be performed at the lowest level of
an entity that is a business and that can be distinguished, physically and
operationally and for internal reporting purposes, from the other activities,
operations, and assets of the entity.</font><p>
<font size="2">Upon adoption of SFAS No. 142 in January 2002, the Company ceased to amortize
goodwill. In lieu of amortization, the Company is required to perform an initial
impairment review of goodwill in 2002 and an annual impairment review
thereafter. As a result of impairment reviews, the Company wrote-off goodwill of
$2,886,000 in the towing equipment segment and $18,926,000 in the towing
services segment during the year ended December 31, 2002. The write-off has been
accounted for as a cumulative effect of change in accounting principle to
reflect application of the new accounting standards.</font></p><p>
<font size="2">Had the Company applied the non-amortization of goodwill provisions of SFAS No.
142 in the eight months ended December 31, 2001, and the years ended April 30,
2001 and 2000 reported net loss and basic and diluted loss per share would have
been as follows (in thousands):</font></p>
<div align="center"><table border=0 cellpadding=0 cellspacing =0 width="542" >
<tr valign="top">
<th width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></th>
<th width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></th>
<th width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31,<br>2001</font></p>
</th>
<th width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></th>
<th width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30,<br>2001</font></p>
</th>
<th width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></th>
<th width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30,<br>2000</font></p>
</th>
</tr>
<tr valign="top">
<th width="188" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="81" colspan="4" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="109" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></th>
<th width="82" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></th>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Net loss:</font></p>
</td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As reported</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23" colspan="2" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="58" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(21,587)</font></p align="right">
</td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="43" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="66" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(6,434)</font></p align="right">
</td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(73,143)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodwill amortization</font></p>
</td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing operations</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" >
<p align="right">
<font size="2">272&nbsp;</font></p align="right">
</td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" >
<p align="right">
<font size="2">410&nbsp;</font></p align="right">
</td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" >
<p align="right">
<font size="2">398&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">


<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued
operations</font></p>
</td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">751&nbsp;</font></p>
</td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,146&nbsp;</font></p>
</td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,393&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">Pro forma loss</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">$</font></p>
</td>
<td width="58" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(20,564)</font></p>
</td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="43" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">$</font></p>
</td>
<td width="66" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(4,878)</font></p>
</td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">$</font></p>
</td>
<td width="59" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(70,352)</font></p>
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">Basic loss per share</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As reported</font></p>
</td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="23" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="58" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(2.31)</font></p align="right">
</td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="43" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="66" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(0.69)</font></p align="right">
</td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="23" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(7.83)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodwill
amortization</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing
operations</font></p>
</td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0.03&nbsp;</font></p align="right">
</td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0.04&nbsp;</font></p align="right">
</td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0.04&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued
operations</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">0.08&nbsp;</font></p>
</td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">0.12&nbsp;</font></p>
</td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">0.26&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="183" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Pro forma basic loss per share</font></p>
</td>
<td width="14" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="22" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">$</font></p>
</td>
<td width="58" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"> (2.20)</font></p>
</td>
<td width="39" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="43" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">$</font></p>
</td>
<td width="66" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(0.53)</font></p>
</td>
<td width="35" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="23" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">$</font></p>
</td>
<td width="59" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"> (7.53)</font></p>
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Diluted loss per share</font></p>
</td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As reported</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23" colspan="3" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="58" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(2.31)</font></p align="right">
</td>
<td width="39" colspan="3" rowspan="1" >

<font size="2">&nbsp;</font></td>
<td width="43" colspan="2" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="66" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(0.69)</font></p align="right">
</td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="59" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(7.83)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodwill
amortization</font></p>
</td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Continuing
operations</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" >
<p align="right">
<font size="2">0.03&nbsp;</font></p align="right">
</td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" >
<p align="right">
<font size="2">0.04&nbsp;</font></p align="right">
</td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" >
<p align="right">
<font size="2">0.04&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Discontinued
operations</font></p>
</td>
<td width="8" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="81" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">0.08&nbsp;</font></p>
</td>
<td width="39" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="109" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">0.12&nbsp;</font></p>
</td>
<td width="35" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">0.25&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="188" colspan="1" rowspan="1" >
<p>
<font size="2">Pro forma diluted loss per share</font></p>
</td>
<td width="8" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="3" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="58" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">(2.20)</font></p>
</td>
<td width="39" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="43" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="66" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2"> (0.53)</font></p>
</td>
<td width="35" colspan="3" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="59" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">(7.54)</font></p>
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-19<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<b>
<font size="2">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LONG-TERM OBLIGATIONS AND LINE OF CREDIT</font></b><p>
<b><font size="2">Long-Term Obligations</font></b><p>
<font size="2">Long-term obligations consisted of the following for continuing operations at
December 31, 2002 and for consolidated operations at December 31, 2001, and
April 30, 2001 and 2000 (in thousands):</font></p>
<div align="center">
  <table border=0 cellpadding=0 cellspacing =0 width="704" style="border-collapse: collapse" bordercolor="#111111" >
<tr valign="top">

<td width="352" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="120" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2002</font></p>
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="119" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2001</font></p>
</td>
<td width="11" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="89" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2001</font></p>
</td>
</tr>
<tr valign="top">
<td width="352" colspan="1" rowspan="1" >
<p>
<font size="2">Outstanding borrowings under Senior Credit Facility</font></p>
</td>
<td width="120" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$19,740&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="119" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$85,463&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="11" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="89" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$100,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="352" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Outstanding borrowings under Junior Credit Secured<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Facility</font></p>
</td>
<td width="120" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">14,431&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="119" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">14,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="11" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="89" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="352" colspan="1" rowspan="1" >
<p>
<font size="2">Mortgage notes payable, weighted average interest rate of<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.37%, payable in
monthly installments, maturing 2003 to<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011</font></p>
</td>
<td width="120" colspan="1" rowspan="1" >
<p align="right">
<font size="2">1,500&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="119" colspan="1" rowspan="1" >
<p align="right">
<font size="2">1,674&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="11" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="89" colspan="1" rowspan="1" >
<p align="right">
<font size="2">2,568&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="352" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Equipment notes payable, weighted average interest rate of <br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.51%, payable
in monthly installments, maturing 2003 to<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005</font></p>
</td>
<td width="120" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">601&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="119" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">822&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="11" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="89" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">926&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>

</tr>
<tr valign="top">
<td width="352" colspan="1" rowspan="1" >
<p>
<font size="2">Other notes payable, weighted average interest rate of 6.06%,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;payable in
monthly installments, maturing 2003 to 2006</font></p>
</td>
<td width="120" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">186&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="119" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">2,008&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="11" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="89" colspan="1" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1" >
<p align="right">
<font size="2">2,840&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="352" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="120" colspan="1" rowspan="1" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1; border-bottom-style: none; border-bottom-width: medium">
<p align="right">
<font size="2">36,458&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="119" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">103,967&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="11" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="89" bgcolor=#FFF3CE style="border-top-style: solid; border-top-width: 1">
<p align="right">
<font size="2">106,334&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="352" colspan="1" rowspan="1" >
<p>
<font size="2">Less current portion</font></p>
</td>
<td width="120" colspan="1" rowspan="1" style="border-top-style: none; border-top-width: medium" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(35,244)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="13" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="119" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(12,405)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="11" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="89" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(7,213)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="352" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="120" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$1,214&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="13" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="119" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$91,562&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="11" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="89" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$99,121&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
</table></div>
<p>
<font size="2">The December 31, 2002 figures do not include $22.7 million
outstanding under the Senior Credit Facility relating to discontinued
operations.&nbsp; Certain equipment and manufacturing facilities are pledged as collateral under
the mortgage and equipment notes payable.</font></p><p>
<b><font size="2">2001 Credit Facility</font></b><p>
<font size="2">In July 2001, the Company entered into a new four year senior credit facility
(the "Senior Credit Facility") with a syndicate of lenders to replace the
existing credit facility. As part of this agreement, the previous credit
facility was reduced with proceeds from the Senior Credit Facility and amended
to provide for a $14.0 million subordinated secured facility. The Senior Credit

Facility originally consisted of an aggregate $102.0 million revolving credit
facility and an $8.0 million term loan. The revolving credit facility provides
for separate and distinct loan commitment levels for the Company&#8217;s towing
and recovery equipment segment and RoadOne segment, respectively. At December
31, 2002, $29.4 million and $10.0 million, respectively were outstanding under
the towing and recovery equipment segment and RoadOne portions of the revolving
credit facility. In addition, $3.0 million was outstanding under the senior term
loan, and $14.4 million was outstanding under the subordinated secured
facility.</font></p><p>
<font size="2">Availability under the revolving Senior Credit Facility is based on a formula of
eligible accounts receivable, inventory and fleet vehicles as separately
calculated for the towing and recovery equipment segment and the RoadOne
segment, respectively.  Borrowings under the term loan are collateralized by the
Company&#8217;s property, plant, and equipment.  The Company is required to make
monthly amortization payments on the term loan of $167,000.  The Senior Credit
Facility bears interest at the option of the Company at either the rate of LIBOR
plus 2.75% or prime rate (as defined) plus 0.75% on the revolving portion and
LIBOR plus 3.0% or prime rate (as defined) plus 1.0% on the term portion.</font></p><p>
<font size="2">The Senior Credit Facility matures in July 2005 and is collateralized by
substantially all the assets of the Company. The Senior Credit Facility contains
requirements relating to maintaining minimum excess availability at all times
and minimum quarterly levels of earnings before income taxes, depreciation and
amortization (as defined) and a minimum quarterly fixed charge coverage ratio
(as defined). In addition, the Senior Credit Facility contains restrictions on
capital expenditures, incurrence of indebtedness, mergers and acquisitions,
distributions and transfers and sales of assets. The Senior Credit Facility also
contains requirements related to weekly and monthly collateral reporting.</font></p><p align="center">
<font face="Times New Roman" size="2">F-20<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">The subordinated credit facility (&#8220;Junior Credit Facility&#8221;) is by
its terms expressly subordinated only to the Senior Credit Facility. The
subordinated secured facility matures on July 23, 2003 and bears interest at
6.0% over the prime rate. The Company is required to make quarterly amortization
payments on the Junior Credit Facility of $875,000 beginning not later than May 2002 provided
that certain conditions are met, including satisfying a fixed charge coverage
ratio test and a minimum availability limit. The Junior Credit Facility is
collateralized by certain specified assets of the Company and by a second
priority lien and security interest in substantially all other assets of the
Company. The Junior Credit Facility contains requirements for certain fees to be
paid at six month intervals beginning in January 2002 based on the outstanding
balance of the subordinated secured facility at the time. The Junior Credit
Facility also contains provisions for the issuance of warrants for up to 0.5% of
the outstanding shares of the Company&#8217;s common stock in July 2002 and up
to an additional 1.5% in July, 2003. The number of warrants which may be issued
would be reduced pro rata as the balance of the Junior Credit Facility is
reduced.  On July 23, 2002, the Company issued 47,417 warrants for the purchase
of common stock in conjunction with these related provisions.</font><p>
<font size="2">The Junior Credit Facility contains, among other restrictions, requirements for
the maintenance of certain financial covenants and imposes restrictions on
capital expenditures, incurrence of indebtedness, mergers and acquisitions,
distributions and transfers and sales of assets.</font></p><p>
<font size="2">There is no assurance that the Company will be able to
repay or refinance the outstanding principal and interest under the Junior
Credit Facility on the maturity date thereof.  If the Company fails to repay all
outstanding principal, interest and any other amounts due and owing under the
Junior Credit Facility on the maturity date, such failure will constitute an
event of default under the Junior Credit Facility and will also trigger an event
of default under the Senior Credit Facility cross-default provisions.  In such
case, the junior lender agent would be prevented from taking any enforcement
action against the Company, its subsidiaries or their respective assets in
respect of such event of default until the earlier of: (i) the date which is 120
days (subject to extension to 270 days by notice from senior lender agent to
junior lender agent) after the date upon which the junior lender agent gives
notice of enforcement to the senior lender agent pursuant to the terms of the
Intercreditor Agreement; (ii) the acceleration of the maturity of the
obligations of the Company under the Senior Credit Facility by the senior lender
agent, and (ii) the commencement of any bankruptcy, insolvency or similar
proceeding against the Company or certain of its subsidiaries.  The resulting
event of default under the Senior Credit Facility if the Company does not repay
all of the obligations under the Junior Credit Facility could result in the
acceleration of the amounts due under the Senior Credit Facility as well as
other remedies if not waived by the senior lenders.  There is no assurance that
the Company will be able to obtain such a waiver from the senior lenders or a
waiver from the junior lenders of any event of default that would occur as a
result of the failure by the Company to repay or refinance the outstanding
principal and interest under the Junior Credit Facility on the maturity date.
</font>
<p>
<b><font size="2">2002 Amendments</font></b><p>
<font size="2">The Company was in an over-advance position under its credit facility during the
first quarter of 2002. On February 28, 2002 the Company entered into a
Forbearance Agreement and First Amendment to its Senior Credit Agreement with
the lenders under the Senior Credit Facility, as amended by that certain
Amendment to Forbearance Agreement dated as of March 18, 2002 and that certain
Second Amendment to the Forbearance Agreement dated as of March 29, 2002 (as so
amended, the "Forbearance Agreement"). As a result of a revised asset appraisal
conducted by the senior lenders, the senior lenders determined that the amounts
outstanding under the Senior Credit Facility should be lowered below the amount
then outstanding under the Senior Credit Facility, causing the Company to be
over-advanced on its line of credit which resulted in the occurrence of an event
of default under the Senior Credit Facility and a corresponding event of default
under the Junior Credit Facility. The Forbearance Agreement and subsequent
amendments waived the Company&#8217;s overadvance under the Senior Credit
Facility and amended the terms of the credit agreement to, among other things,
(i) permanently reduce the commitment levels to $42.0 million for the towing and
recovery equipment segment and $36.0 million for the RoadOne segment portion of the revolving credit facility and $6,611,000 for
the term loan facility, (ii) eliminate the Company&#8217;s ability to borrow
funds at a LIBOR rate of interest, and (iii) increase the interest rate to a
floating rate of interest equal to the prime rate plus 2.75%.</font></p><p align="center">
<font face="Times New Roman" size="2">F-21<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">On April 15, 2002 the Company amended the Senior Credit Facility, pursuant to
which, among other things: (i) the senior lenders waived the overadvance event
of default and other events of default, (ii) interest on advances will be
charged at the prime rate (as defined) plus 2.75% on the revolving portion and
the term portion, subject to substantial upward adjustments in the interest rate
on and after certain specified dates based on the amounts outstanding under the
revolving loan commitment relating to RoadOne (escalating at generally quarterly
intervals from prime plus 4.50% as of October 1, 2002 to prime plus 14.00% as of
April 1, 2005) and (iii) the revolving loan commitment amount relating to
RoadOne is subject to mandatory reductions over time commencing August 12, 2002,
which reductions will require a mandatory repayment of portions of outstanding
loans at specified dates and the failure to timely make such repayments shall
result in an event of default under the bank credit agreements. The RoadOne
revolving commitment amount, which was set at $36.0 million through the April
15, 2002 amendment, is scheduled to be reduced as follows: August 12, 2002- to
$34.0 million; October 2, 2002 - to $30.0 million; March 31, 2003 - to $27.0
million; thereafter- quarterly reductions of $3.0 million through June 30, 2005.
On April 15, 2002 the Company also amended the Junior Credit Facility, pursuant
to which, among other things, (i) the junior lenders waived the events of
default, and (ii) extended the time for payment of certain scheduled
amortization payments. On April 15, 2002, the junior lender agent, the senior
lender agent and the Company entered into an Amended and Restated Intercreditor
and Subordination Agreement, pursuant to which, among other things, subject to
certain terms and conditions, the junior lenders have agreed to defer the
required payment of amortization payments under the Junior Credit Facility until
November 20, 2002, April 5, 2003 and May 20, 2003.</font></p><p>
<font size="2">On September 13, 2002, the Company entered into the Third Amendment to the
Senior Credit Facility.  Pursuant to the Third Amendment, the amount of the
mandatory periodic reductions in the RoadOne revolving loan commitment amount,
as established in the April 15, 2002 Second Amendment to Senior Credit
Agreement, were increased by amounts calculated based on updated asset
appraisals completed in September 2002.  Consequently, the Company will need to
repay outstanding loans and permanently reduce the RoadOne loan commitment under
its Senior Credit Facility over the life of the loan and prior to the maturity
date.  Pursuant to the terms of the Second and Third Amendments, the failure by
the Company to repay outstanding loans and to reduce the RoadOne revolving loan
commitment by the amounts and the times required pursuant to these amendments
will result in increased interest rates on the senior loans and/or the
occurrence of an event of default under the Senior Credit Facility.</font></p><p>
<font size="2">In addition, pursuant to the Third Amendment, the amount of availability that
can be generated for used inventory considered as eligible inventory for
collateral purposes was limited to $4.3 million (subject to downward adjustments
upon certain sales of sales of assets and stock by the Company and certain of
its subsidiaries) through February 28, 2003 and reduced to $0 thereafter.  The
Sixth Amendment (discussed below 2003 Amendments) lowered the $4.3 million limit
and eliminated the further requirement for reduction to $0 after February 28,
2003.</font></p><p align="center">
<font face="Times New Roman" size="2">F-22<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">On November 14, 2002, the Company entered into the Fourth Amendment to the
Senior Credit Facility, which granted waivers from the Senior Lenders of
violations of certain financial covenants for the quarter ended September 2002.
There were no violations under the Junior Credit Facility. The Amendment also
reduced the level of certain financial covenants for future periods, basing them
strictly on the results of the towing and recovery equipment segment for those
periods. In addition, the amendment revised the Road One revolving commitment
amount based on the plan to sell all remaining towing service operations,
reducing the commitment amount to $15.0 million at November 30, 2002, $12.0 million at December 31, 2002, $9.0 million at January 31, 2003,
$6.0 million at February 28, 2003 and reducing to zero as of March 31, 2003.</font><p>
<b><font size="2">2003 Amendments</font></b><p>
<font size="2">On February 28, 2003, the Company entered into the Fifth Amendment to the Senior
Credit Facility.  Pursuant to the Fifth Amendment, the date upon which the
amount of certain used inventory taken in trade for collateral purposes is
reduced to $-0- was extended from February 28, 2003 to March 31, 2003.  In
addition, the Fifth Amendment revised the RoadOne revolving commitment reducing
the amount to $9.0 million at February 28, 2003 and $-0- as of March 31, 2003.
</font>
<p>
<font size="2">On April 1, 2003, the Company
entered into the Sixth Amendment to
Senior Credit Facility.  The Sixth Amendment, among other things,
revised the RoadOne revolving
commitment, extending the time by one year for the reduction thereof to $-0-
from March 31, 2003 to March 31, 2004.  The amount of
availability that can be generated for used inventory
considered as eligible inventory for collateral purposes was reduced to $2.7
million with no further required reductions. </font>  <p>
<font size="2">Meeting the new repayment schedule for the RoadOne revolving commitments as
described above under 2002 Amendments to Senior Credit Facility and 2003
Amendments to Senior Credit Facility will require that the Company sell its
towing services businesses according to its contemplated schedule on acceptable
terms. While the Company believes its timetable for sales is achievable, there
can be no assurance that the schedule can be met.</font></p><p>
<font size="2">Subsequent to April 1, 2003, the Company was in default under certain covenants
under its Senior and Junior Credit Facility agreements.  Accordingly, amounts
outstanding under these Facilities are presented as current liabilities in the
accompanying December 31, 2002 consolidated balance sheet.  Waivers of such
covenants typically require payment of substantial additional fees, and there
can be no assurance that the lenders will agree to any future waivers or
amendments. The Company&#8217;s bank facilities are collateralized by liens on
all of the Company&#8217;s assets. The liens give the lenders the right to
foreclose on the assets of the Company under certain defined events of default
and such foreclosure could allow the lenders to gain control of the operations
of the Company.</font></p><p>
<font size="2">The Company could be required to find alternative funding sources, such as sale
of assets or other financing sources. If the Company were unable to refinance
the credit facility on acceptable terms or find an alternative source of
repayment for the credit facility, the Company&#8217;s business and financial
condition would be materially and adversely affected. There is no assurance that
the Company would be able to obtain any such refinancing or that it would be
able to sell assets on terms that are acceptable to the Company or at all.</font></p><p>
<font size="2">Prior to making the determination to sell all of its remaining towing services
operations, the Company had focused on cost reduction and expense control, as
well as other opportunities for improving operating cash flows, to improve
liquidity. The Company has also disposed of certain underperforming RoadOne
assets and operations in order to improve liquidity and to reduce expenses and
debt. As described in Note 3, in October 2002, the Company decided to sell all
remaining towing services operations. The Company received a tax refund of
approximately $4.2 million during the quarter ended June 30, 2002, which also
reduced the RoadOne revolver and cured the overadvance position that existed at
that time. An additional tax refund of approximately $4.6 million was received
during the quarter ended September 30, 2002, with proceeds used to further
reduce the borrowings under the RoadOne revolver. All of these efforts have
resulted in $28.1 million in reductions to the RoadOne revolver since December
31, 2001. Additionally, the towing and recovery equipment revolver and the term loan have been reduced
$10.9 million and $4.1 million, respectively, during the current fiscal year.</font></p><p align="center">
<font face="Times New Roman" size="2">F-23<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">Future maturities of long-term obligations after giving effect to the
aforementioned events of default at December 31, 2002 are as follows (in
thousands):</font></p>
<div><table border=0 cellpadding=0 cellspacing =0 width="640" >
<tr valign="top">
<td width="119" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="183" colspan="5" rowspan="1" bgcolor=#FFF3CE>
<p align="center">
<u><font size="2">Continuing Operations</font></u></p align="center">
</td>
<td width="175" colspan="4" rowspan="1" bgcolor=#FFF3CE>
<p align="center">
<u><font size="2">Discontinued Operations</font></u></p align="center">
</td>
<td width="163" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="center">
<u><font size="2">Total</font></u></p align="center">
</td>
</tr>
<tr valign="top">
<td width="119" colspan="1" rowspan="1" >
<p>
<font size="2">2003</font></p>
</td>
<td width="58" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="59" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$&nbsp;&nbsp;35,244</font></p align="right">
</td>
<td width="66" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="51" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="61" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$&nbsp;&nbsp;24,116</font></p align="right">
</td>
<td width="63" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="37" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$&nbsp;&nbsp;59,360</font></p align="right">
</td>
<td width="55" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="119" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">2004</font></p>
</td>
<td width="117" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">407</font></p align="right">
</td>
<td width="66" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="112" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">739</font></p align="right">
</td>
<td width="63" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="108" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,146</font></p align="right">
</td>
<td width="55" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="119" colspan="1" rowspan="1" >
<p>
<font size="2">2005</font></p>
</td>
<td width="117" colspan="3" rowspan="1" >
<p align="right">
<font size="2">211</font></p align="right">
</td>
<td width="66" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="112" colspan="3" rowspan="1" >
<p align="right">
<font size="2">454</font></p align="right">
</td>
<td width="63" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="108" colspan="2" rowspan="1" >
<p align="right">
<font size="2">665</font></p align="right">
</td>
<td width="55" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="119" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">2006</font></p>
</td>
<td width="117" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">118</font></p align="right">
</td>
<td width="66" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="112" colspan="3" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">257</font></p align="right">
</td>
<td width="63" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="108" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">375</font></p align="right">
</td>
<td width="55" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="119" colspan="1" rowspan="1" >
<p>
<font size="2">2007</font></p>
</td>
<td width="117" colspan="3" rowspan="1" >
<p align="right">
<font size="2">107</font></p align="right">
</td>
<td width="66" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="112" colspan="3" rowspan="1" >
<p align="right">
<font size="2">-</font></p align="right">
</td>
<td width="63" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="108" colspan="2" rowspan="1" >
<p align="right">
<font size="2">107</font></p align="right">
</td>
<td width="55" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="119" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Thereafter</font></p>
</td>
<td width="57" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="60" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">371</font></p>
</td>
<td width="66" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="51" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="61" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">-</font></p>
</td>
<td width="63" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="37" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="71" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">371</font></p>
</td>
<td width="55" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="119" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="57" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="60" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$&nbsp;&nbsp;36,458</font></p>
</td>
<td width="32" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>

<td width="34" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="51" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="61" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$&nbsp;&nbsp;25,566</font></p>
</td>
<td width="63" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="37" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="71" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$&nbsp;&nbsp;62,024</font></p>
</td>
<td width="55" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
</table></div>
<p>
<b>
<font size="2">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES</font></b><p>
<font size="2">SFAS No. 133 "Accounting for Derivative Instruments and Hedging Activities",
establishes accounting and reporting standards requiring that every derivative
instrument (including certain derivatives embedded in other contracts) be
recorded in the balance sheet as either an asset or liability measured at its
fair value. SFAS No. 133 requires that changes in the derivatives fair value be
recognized currently in earnings unless specific hedge criteria are met. Special
accounting for qualifying hedges allows a derivative&#8217;s gains and losses to
offset related results on the hedged item on the income statement, and requires
that the Company must formally document, designate, and assess the effectiveness
of transactions that receive hedge accounting.</font></p><p>
<font size="2">In October 2001, the Company obtained interest rate swaps as required by terms
in its Senior Credit Facility to hedge exposure to market fluctuations. The
interest rate swaps cover $40.0 million in notional amounts of variable rate
debt and with fixed rates ranging from 2.535% to 3.920%. The swaps expire
annually from October 2002 to October 2004. Because the Company hedges only with
derivatives that have high correlation with the underlying transaction pricing,
changes in derivatives fair values and the underlying pricing largely offset.
The hedges were deemed to be fully effective resulting in a pretax loss of
$12,000 recorded in Other Comprehensive Loss at December 31, 2001. Upon
expiration of these hedges, the amount recorded in Other Comprehensive Loss will
be reclassified into earnings as interest.  Subsequent to year end December 31,
2001, the borrowing base was converted from LIBOR to prime, which rendered the
swap ineffective as a hedge. Accordingly, concurrent with the conversion, the
Company prematurely terminated the swap in February 2002 at a cost of $341,000.
The resulting loss will be recorded in Other Comprehensive Loss in February 2002
and reclassified to earning as interest expense over the term of the Senior
Credit Facility.</font></p><p>
<font size="2">As described in Note 8, the Junior Credit Facility contains provisions for the
issuance of warrants of up to 0.5% of the outstanding shares of the
Company&#8217;s common stock on July 2002 and up to an additional 1.5% in July
2003.  The warrants were valued as of July 2001 based on the estimated relative
fair value using the Black Scholes model with the following assumptions:
risk-free rate of 4.9% estimated life of 7 years, 72% volatility and no dividend
yield.  Accordingly, the Company has recorded a liability and makes periodic
mark to market adjustments, which are reflected in the accompanying consolidated
statement of operations in accordance with EITF Issue 00-19, &#8220;Accounting
for Derivative Financial Instruments Indexed to, and Potentially Settled in, a
Company&#8217;s Own Stock&#8221;.  At&nbsp;December 31, 2002, the related
liability was $362,000 and is included in accrued liabilities in the
accompanying consolidated financial statements.</font></p><p align="center">
<font face="Times New Roman" size="2">F-24<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<b>
<font size="2">10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STOCK-BASED COMPENSATION PLANS</font></b><p>
<font size="2">In accordance with the Company&#8217;s stock-based compensation plans, the
Company may grant incentive stock options as well as non-qualified and other
stock-related incentives to officers, employees, and non-employee directors of
the Company. Options vest ratably over a two to four-year period beginning on
the grant date and expire ten years from the date of grant. Shares available for
granting options at December 31, 2002 and 2001, and April 30, 2001 were
approximately 0.5 million, 0.4 million, and 0.5 million, respectively.</font></p><p>
<font size="2">A summary of the activity of stock options for the year ended December 31, 2002,
the eight months ended December 31, 2001 and the years ended April 30, 2001, and
2000, is presented below (shares in thousands):</font></p>
<div align="center">
  <table border="0" cellspacing="0" cellpadding="0" width="693" style="border-collapse: collapse; background-color: white" fpTblFormat="11;010101100" bordercolor="#111111">
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="122" colspan="2" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1; background-color: #FFFFDD" >
<p align="center">
<font size="2">December 31, 2002</font></p align="center">
</td>
<td width="12" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1; background-color: #FFF3CE" >
<p align="center">
<font size="2">December 31, 2001</font></p align="center">
</td>
<td width="12" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="125" colspan="2" rowspan="1" style="border-bottom-style: solid; border-bottom-width: 1; background-color: #FFFFDD" >
<p align="center">
<font size="2">April 30, 2001</font></p align="center">
</td>
<td width="13" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="115" colspan="2" style="border-bottom-style: solid; border-bottom-width: 1; background-color: #FFF3CE" >
<p align="center">
<font size="2">April 30, 2000</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="167" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1; background-color: #FFFFDD" >
<p align="center">
<font size="2">Shares<br>
Under<br>
Option</font></td>
<td width="57" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1; background-color: #FFF3CE" >
<p align="center">
<font size="2">Weighted<br>Average<br>Exercise<br>
Price</font></p align="center">
</td>
<td width="12" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1; background-color: #FFF3CE" >
<p align="center">
<font size="2">
<br>Shares<br>Under<br>Option</font></p align="center">
</td>
<td width="67" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1; background-color: #FFFFDD" >
<p align="center">
<font size="2">Weighted<br>Average<br>Exercise<br>
&nbsp;Price</font></p align="center">
</td>
<td width="12" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1; background-color: #FFFFDD" >
<p align="center">
<font size="2">
<br>Shares<br>Under<br>Option</font></p align="center">
</td>
<td width="67" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1; background-color: #FFF3CE" >
<p align="center">
<font size="2">Weighted<br>Average<br>Exercise<br>Price</font></p align="center">
</td>
<td width="13" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1; background-color: #FFF3CE" >
<p align="center">
<font size="2">Shares<br>Under<br>Option</font></p align="center">
</td>
<td width="64" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1; background-color: #FFFFDD" >
<p align="center">
<font size="2">Weighted<br>Average<br>Exercise<br>Price</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<p style="margin-top: 10">
<font size="2">Outstanding at Beginning<br>
&nbsp;&nbsp;&nbsp;of Period</font></p>
</td>
<td width="65" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; background-color: #FFFFDD" >

<p align="right" style="margin-top: 10">
<font size="2">948</font></p align="right">
</td>
<td width="57" style="border-top-style: solid; border-top-width: 1; background-color: #FFF3CE" >
<p align="right" style="margin-top: 10">
<font size="2">$19.49</font></p align="right">
</td>
<td width="12" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" style="border-top-style: solid; border-top-width: 1; background-color: #FFF3CE" >
<p align="right" style="margin-top: 10">
<font size="2">789</font></p align="right">
</td>
<td width="67" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; background-color: #FFFFDD" >
<p align="right" style="margin-top: 10">
<font size="2">$23.36</font></p align="right">
</td>
<td width="12" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; background-color: #FFFFDD" >
<p align="right" style="margin-top: 10">
<font size="2">1,010</font></p align="right">
</td>
<td width="67" style="border-top-style: solid; border-top-width: 1; background-color: #FFF3CE" >
<p align="right" style="margin-top: 10">
<font size="2">$32.61</font></p align="right">
</td>
<td width="13" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" style="border-top-style: solid; border-top-width: 1; background-color: #FFF3CE" >
<p align="right" style="margin-top: 10">
<font size="2">1,033</font></p align="right">
</td>
<td width="64" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1; background-color: #FFFFDD" >
<p align="right" style="margin-top: 10">
<font size="2">$37.13</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<p>
<font size="2">    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Granted</font></p>
</td>
<td width="65" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">28</font></p align="right">

</td>
<td width="57" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">3.37</font></p align="right">
</td>
<td width="12" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">175</font></p align="right">
</td>
<td width="67" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">3.38</font></p align="right">
</td>
<td width="12" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">100</font></p align="right">
</td>
<td width="67" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">6.11</font></p align="right">
</td>
<td width="13" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">160</font></p align="right">
</td>
<td width="64" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">14.56</font></p align="right">
</td>
</tr>
<tr valign="top">


<td width="167" style="background-color: #FFF3CE" >
<p>
<font size="2">    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exercised</font></p>
</td>
<td width="65" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="57" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="12" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">---</font></p align="right">
</td>
<td width="67" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">----</font></p align="right">
</td>
<td width="12" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">(1)</font></p align="right">
</td>
<td width="67" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">11.67</font></p align="right">
</td>
<td width="13" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">(8)</font></p align="right">
</td>
<td width="64" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">12.73</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<p>
<font size="2">    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forfeited and cancelled</font></p>
</td>
<td width="65" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(215)</font></p>
</td>
<td width="57" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">&nbsp;&nbsp;16.91</font></p>
</td>
<td width="12" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">&nbsp;(16)</font></p>
</td>
<td width="67" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">34.43</font></p>
</td>
<td width="12" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(320)</font></p>
</td>
<td width="67" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">47.20</font></p>
</td>
<td width="13" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(175)</font></p>
</td>
<td width="64" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">43.56</font></p>
</td>
</tr>
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<p>
<font size="2">Outstanding at End of Period</font></p>
</td>
<td width="65" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">  761</font></p>
</td>
<td width="57" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2">$19.58</font></p>
</td>
<td width="12" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2"> 948</font></p>
</td>
<td width="67" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2"> $19.49</font></p>
</td>
<td width="12" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">  789</font></p>
</td>
<td width="67" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2">$23.36</font></p>
</td>
<td width="13" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2">1,010</font></p>
</td>
<td width="64" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">$32.61</font></p>
</td>
</tr>
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="65" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="57" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="12" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="67" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="12" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="67" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="13" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="64" colspan="1" rowspan="1" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<p>
<font size="2">Options exercisable at year<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;end</font></p>
</td>
<td width="65" valign="bottom" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">&nbsp;&nbsp;648</font></p>
</td>
<td width="57" valign="bottom" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">$22.22</font></p align="right">
</td>
<td width="12" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2">&nbsp;646</font></p>
</td>
<td width="67" valign="bottom" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">$25.18</font></p align="right">
</td>
<td width="12" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" valign="bottom" style="background-color: #FFFFDD" >
<p align="right" style="border-bottom:double">
<font size="2">&nbsp;&nbsp;588</font></p>
</td>
<td width="67" valign="bottom" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">$25.76</font></p align="right">
</td>
<td width="13" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" valign="bottom" style="background-color: #FFF3CE" >
<p align="right" style="border-bottom:double">
<font size="2">&nbsp;&nbsp;&nbsp;665</font></p>
</td>
<td width="64" valign="bottom" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">$32.73</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="65" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="57" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="12" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="67" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="12" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="67" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="13" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="167" style="background-color: #FFF3CE" >
<p>
<font size="2">Weighted average fair value<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of options granted</font></p>
</td>
<td width="65" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="57" valign="bottom" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">$1.88</font></p align="right">
</td>
<td width="12" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="67" valign="bottom" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">$1.92</font></p align="right">
</td>
<td width="12" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="58" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="67" valign="bottom" style="background-color: #FFF3CE" >
<p align="right">
<font size="2">$3.60</font></p align="right">
</td>
<td width="13" valign="bottom" style="background-color: #FFFFDD" >
<font size="2">&nbsp;</font></td>
<td width="51" valign="bottom" style="background-color: #FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="64" valign="bottom" style="background-color: #FFFFDD" >
<p align="right">
<font size="2">$9.50</font></p align="right">
</td>
</tr>
</table></div>
<p>
<font size="2">A summary of options outstanding under the Company&#8217;s stock-based
compensation plans at December 31, 2002 is presented below (shares in
thousands):</font></p align="center">
<div align="center" style="position:relative; left: 0">
  <table border="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0" width="666">
<tr valign="top">
<td width="153" colspan="3" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">

<p align="center">
<font size="2">
Exercise<br>
Price Range</font></td>
<td width="16" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="74" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center">
<font size="2">
Shares<br>
Under<br>
Option</font></td>
<td width="16" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="134" colspan="3" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center">
<font size="2">Weighted Average<br>Exercise Price of<br>Options<br>
Outstanding</font></p align="center">
</td>
<td width="7" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="102" colspan="3" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center">
<font size="2">Weighted<br>Average<br>Remaining<br>
Life</font></p align="center">
</td>
<td width="16" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="79" colspan="3" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center">
<font size="2">
Options<br>Exercisable</font></p align="center">
</td>
<td width="16" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="117" colspan="3" bgcolor=#FFF3CE valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center">
<font size="2">
Weighted Average<br>Exercise Price of <br>shares Exercisable</font></p align="center">
</td>
</tr>
<tr valign="top">
<td width="91" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="23" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="39" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="74" colspan="1" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="134" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="7" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="102" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="79" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="117" colspan="3" rowspan="1" style="border-top-style: solid; border-top-width: 1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="91" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$  3.05</font></p align="right">
</td>
<td width="23" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">-</font></p align="right">
</td>
<td width="39" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">

<font size="2">$17.50</font></p align="right">
</td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="74" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">428</font></p align="right">
</td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="48" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="53" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$ &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.15</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="7" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="78" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5.2</font></p align="right">
</td>
<td width="24" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="61" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">315</font></p align="right">
</td>
<td width="18" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="94" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.48</font></p align="right">
</td>
<td width="23" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="91" colspan="1" rowspan="1" >
<p align="right">
<font size="2">  18.89</font></p align="right">
</td>
<td width="23" colspan="1" rowspan="1" >
<p align="right">
<font size="2">-</font></p align="right">
</td>
<td width="39" colspan="1" rowspan="1" >
<p align="right">
<font size="2">  27.41</font></p align="right">
</td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="74" colspan="1" rowspan="1" >
<p align="right">
<font size="2">158</font></p align="right">
</td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<p align="right">
<font size="2"> 19.45</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="7" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="78" colspan="2" rowspan="1" >
<p align="right">
<font size="2">3.4</font></p align="right">
</td>
<td width="24" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="61" colspan="2" rowspan="1" >
<p align="right">
<font size="2">158</font></p align="right">
</td>
<td width="18" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="94" colspan="2" rowspan="1" >
<p align="right">
<font size="2">19.45</font></p align="right">
</td>
<td width="23" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="91" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">  28.75</font></p align="right">
</td>
<td width="23" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">-</font></p align="right">
</td>
<td width="39" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">  38.44</font></p align="right">
</td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="74" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">87</font></p align="right">
</td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">34.78</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="7" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="78" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">4.1</font></p align="right">
</td>
<td width="24" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="61" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2"> 87</font></p align="right">
</td>
<td width="18" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="94" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2"> 34.78</font></p align="right">
</td>
<td width="23" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="91" colspan="1" rowspan="1" >
<p align="right">
<font size="2">  43.96</font></p align="right">
</td>
<td width="23" colspan="1" rowspan="1" >
<p align="right">
<font size="2">-</font></p align="right">
</td>
<td width="39" colspan="1" rowspan="1" >
<p align="right">
<font size="2">  64.38</font></p align="right">
</td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="74" colspan="1" rowspan="1" >
<p align="right">
<font size="2">61</font></p align="right">
</td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="101" colspan="2" rowspan="1" >
<p align="right">
<font size="2">54.73</font></p align="right">
</td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="7" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="78" colspan="2" rowspan="1" >
<p align="right">
<font size="2">3.0</font></p align="right">
</td>
<td width="24" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="61" colspan="2" rowspan="1" >
<p align="right">
<font size="2"> 61</font></p align="right">
</td>
<td width="18" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="94" colspan="2" rowspan="1" >
<p align="right">
<font size="2"> 54.73</font></p align="right">

</td>
<td width="23" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="91" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">  67.50</font></p align="right">
</td>
<td width="23" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">-</font></p align="right">
</td>
<td width="39" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">  84.06</font></p align="right">
</td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="74" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">27</font></p>
</td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="48" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="53" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">73.49</font></p>
</td>
<td width="33" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="7" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="24" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="54" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">3.7</font></p>
</td>
<td width="24" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"> 27</font></p>
</td>
<td width="18" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="46" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="48" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"> 73.49</font></p>
</td>
<td width="23" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="153" colspan="3" rowspan="1" >
<p align="right">
<font size="2">Total</font></p align="right">
</td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="74" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761</font></p>
</td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="48" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="53" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19.58</font></p>
</td>
<td width="33" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="7" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="24" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="54" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">4.5</font></p>
</td>
<td width="24" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="44" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">648</font></p>
</td>
<td width="18" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="16" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="46" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="48" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22.22</font></p>
</td>
<td width="23" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-25<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<b>
<font size="2">11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;COMMITMENTS AND CONTINGENCIES</font></b><p>
<i><font size="2">Commitments</font></i><p>
<font size="2">The Company has entered into various operating leases for buildings, office
equipment, and trucks. Rental expense under these leases for continuing
operations was $487,000, $489,000, $642,000, and $624,000, for the year ended
December 31, 2002, the eight months ended December 31, 2001 and the fiscal years ended April 30, 2001, and 2000, respectively. Rental expense under
these leases for discontinued operations was $10,395,000, $7,934,000,
$13,111,000, and $13,988,000, for the year ended December 31, 2002, the eight
months ended December 31, 2001, and the fiscal years ended April 30, 2001 and
2002, respectively.  The lease and rental expense from discontinued operations
includes approximately $640,000 annually in payments to former owners of
businesses that the Company has acquired and covers properties used in the
acquired business&#8217; operations.</font></p><p>
<font size="2">At December 31, 2002, future minimum lease payments under non-cancelable
operating leases for the next five fiscal years are as follows (in
thousands):</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="138.666632" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="178.666622" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center">
<u><font size="2">Continuing Operations</font></u></p align="center">
</td>
<td width="165.333292" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center">
<u><font size="2">Discontinued Operations</font></u></p align="center">
</td>
<td width="158.666627" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center">
<u><font size="2">Total</font></u></p align="center">
</td>
</tr>
<tr valign="top">
<td width="138.666632" colspan="1" rowspan="1" >
<p style="margin-top: 10">
<font size="2">2003</font></p>
</td>
<td width="106.666640" colspan="1" rowspan="1" >
<p align="right" style="margin-top: 10">
<font size="2">$347</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="right" style="margin-top: 10">
<font size="2">$6,995</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" >
<p style="margin-top: 10">
<font size="2">&nbsp;</font></td>
<td width="99.999975" colspan="1" rowspan="1" >
<p align="right" style="margin-top: 10">
<font size="2">$7,342</font></p align="right">
</td>
<td width="58.666652" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="138.666632" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">2004</font></p>
</td>
<td width="106.666640" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">253</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5,173</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>

<td width="99.999975" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5,426</font></p align="right">
</td>
<td width="58.666652" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="138.666632" colspan="1" rowspan="1" >
<p>
<font size="2">2005</font></p>
</td>
<td width="106.666640" colspan="1" rowspan="1" >
<p align="right">
<font size="2">130</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="right">
<font size="2">3,218</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="99.999975" colspan="1" rowspan="1" >
<p align="right">
<font size="2">3,348</font></p align="right">
</td>
<td width="58.666652" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="138.666632" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">2006</font></p>
</td>
<td width="106.666640" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">63</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,681</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="99.999975" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,744</font></p align="right">
</td>
<td width="58.666652" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="138.666632" colspan="1" rowspan="1" >
<p>
<font size="2">2007</font></p>
</td>
<td width="106.666640" colspan="1" rowspan="1" >
<p align="right">
<font size="2">45</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="right">
<font size="2">579</font></p align="right">
</td>
<td width="71.999982" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="99.999975" colspan="1" rowspan="1" >
<p align="right">
<font size="2">624</font></p align="right">
</td>
<td width="58.666652" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
</table></div>
<p>

<i><font size="2">Contingencies</font></i><p>
<font size="2">The Company is, from time to time, a party to litigation arising in the normal
course of its business.&nbsp; Litigation is subject to various inherent
uncertainties, and it is possible that some of these matters could be resolved
unfavorably to the Company, which could result in substantial damages against
the Company. The Company has established accruals for matters that are probable
and reasonably estimable and maintains product liability and other insurance
that management believes to be adequate. Management believes that any liability
that may ultimately result from the resolution of these matters in excess of
available insurance coverage and accruals will not have a material adverse
effect on the consolidated financial position or results of operations of the
Company.</font></p><p>
<b>
<font size="2">12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INCOME TAXES</font></b><p>
<font size="2">Deferred tax assets and liabilities are determined based on the differences
between the financial and tax bases of existing assets and liabilities using the
currently enacted tax rates in effect for the year in which the differences are
expected to reverse.</font></p><p>
<font size="2">The (benefit) provision for income taxes on income from continuing operations
consisted of the following for the year ended December 31, 2002, the eight
months ended December 31, 2001 and the years ended April 30, 2001, and 2000 (in
thousands):</font></p>
<p>
<font size="2">&nbsp;</font></p>
<p>
<font size="2">&nbsp;</font></p>
<p align="center">
<font face="Times New Roman" size="2">F-26<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
&nbsp;</p>
<div align="center" style="position:relative; left: 0">
  <table border=0 cellpadding=0 cellspacing =0 width="635" >
<tr valign="top">
<td width="142" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="121" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2002</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2001</font></p>
</td>
<td width="19" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2001</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2000</font></p>
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="121" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="19" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Current:</font></p>
</td>
<td width="121" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="19" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>

<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal</font></p>
</td>
<td width="20" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="101" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(4,247)</font></p align="right">
</td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="29" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="98" colspan="1" rowspan="1" >
<p align="right">
<font size="2">--&nbsp;</font></p align="right">
</td>
<td width="19" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="28" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="71" colspan="1" rowspan="1" >
<p align="right">
<font size="2">2,476&nbsp;</font></p align="right">
</td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="20" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="73" colspan="1" rowspan="1" >
<p align="right">
<font size="2">4,847&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State</font></p>
</td>
<td width="121" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">297&nbsp;</font></p align="right">
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">319&nbsp;&nbsp; </font>  </p align="right">
</td>
<td width="19" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">--&nbsp;</font></p align="right">
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,400&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign</font></p>
</td>
<td width="121" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">533&nbsp;</font></p>
</td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">388&nbsp;</font></p>
</td>
<td width="19" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">190&nbsp;</font></p>
</td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">594&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="121" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(3,417)</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">707&nbsp;</font></p>
</td>
<td width="19" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,666&nbsp;</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,841&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" >
<p>
<font size="2">Deferred:</font></p>
</td>
<td width="121" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="19" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal</font></p>
</td>
<td width="121" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">6,620&nbsp;</font></p align="right">
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,863&nbsp;</font></p align="right">
</td>
<td width="19" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(179)</font></p align="right">
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(168)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State</font></p>
</td>
<td width="121" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(177)</font></p align="right">
</td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" >
<p align="right">
<font size="2">206&nbsp;</font></p align="right">
</td>
<td width="19" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(21)</font></p align="right">
</td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" >
<p align="right">
<font size="2">(20)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign</font></p>
</td>
<td width="121" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">191&nbsp;</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(357)</font></p>
</td>
<td width="19" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">67&nbsp;</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(148)</font></p>
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="121" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6,634&nbsp;</font></p>
</td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="127" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,712&nbsp;</font></p>
</td>
<td width="19" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="99" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(133)</font></p>
</td>
<td width="17" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(336)</font></p>
</td>
</tr>
<tr valign="top">
<td width="142" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="20" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="101" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">3,217&nbsp;</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="29" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="98" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">2,419&nbsp;</font></p>
</td>
<td width="19" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="28" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="71" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">2,533&nbsp;</font></p>
</td>
<td width="17" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="20" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="73" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">6,505&nbsp;</font></p>
</td>
</tr>
</table></div>
<p>
<font size="2">The principal differences between the federal statutory tax rate and the income
expense (benefit) from continuing operations for the year ended December 31,
2002, the eight months ended December 31, 2001, and the years ended April 30,
2001 and 2000 were as follows (in thousands):</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="190.666619" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="118.666637" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2002</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2001</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2001</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2000</font></p>
</td>
</tr>
<tr valign="top">

<td width="190.666619" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="118.666637" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="190.666619" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Federal statutory tax rate</font></p>
</td>
<td width="118.666637" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">34.0%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">34.0%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">34.0%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">34.0%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="190.666619" colspan="1" rowspan="1" >
<p>
<font size="2">State taxes, net of federal tax<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;benefit</font></p>
</td>
<td width="118.666637" colspan="1" rowspan="1" >
<p align="right">
<font size="2">1.2%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="right">
<font size="2">9.7%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(0.3)%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="1" rowspan="1" >
<p align="right">
<font size="2">9.3%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="190.666619" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Non-deductible goodwill<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amortization and impairment<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;charges</font></p>
</td>
<td width="118.666637" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">0.2%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5.7%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">2.0%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">21.5%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="190.666619" colspan="1" rowspan="1" >
<p>
<font size="2">Excess of foreign tax over US<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;tax on foreign income</font></p>
</td>
<td width="118.666637" colspan="1" rowspan="1" >
<p align="right">
<font size="2">7.6%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="right">
<font size="2">0.2%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" >
<p align="right">
<font size="2">2.5%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="1" rowspan="1" >
<p align="right">
<font size="2">1.0%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="190.666619" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Other</font></p>
</td>
<td width="118.666637" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">4.7%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">6.7%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(8.6)%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1.2%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
<tr valign="top">
<td width="190.666619" colspan="1" rowspan="1" >
<p>
<font size="2">Effective tax rate</font></p>
</td>
<td width="118.666637" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">47.7%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="122.666636" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">56.3%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="95.999976" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">29.6%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="94.666643" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">67.0%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>
</table></div>
<p>
<font size="2">Deferred income tax assets and liabilities at December 31, 2002 and 2001 and
April 30, 2001 reflect the impact of temporary differences between the amounts
of assets and liabilities for financial reporting and income tax reporting
purposes. Temporary differences and carry forwards which give rise to deferred
tax assets and liabilities at December 31, 2002 and 2001 and April 30, 2001 are
as follows (in thousands):</font></p>
<div align="center"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="110.666639" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2002</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">December 31, 2001</font></p>
</td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">April 30, 2001</font></p>
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="110.666639" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33.333325" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>


</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Deferred tax assets:</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allowance for
doubtful accounts</font></p>
</td>
<td width="19.999995" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="90.666644" colspan="1" rowspan="1" >
<p align="right">
<font size="2">305&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33.333325" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="78.666647" colspan="1" rowspan="1" >
<p align="right">
<font size="2">1,149&nbsp;</font></p align="right">
</td>
<td width="33.333325" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="19.999995" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="67.999983" colspan="1" rowspan="1" >
<p align="right">
<font size="2">724</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accruals and
reserves</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">1,326&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5,892&nbsp;</font></p align="right">
</td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">4,526</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" >
<p>
<font size="2">Federal net operating loss carryforward</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" >
<p align="right">
<font size="2">17,542&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" >
<p align="right">
<font size="2">15,776&nbsp;</font></p align="right">
</td>
<td width="33.333325" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" >
<p align="right">
<font size="2">12,482</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Deductible goodwill and impairment charges</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(33)</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">4,758&nbsp;</font></p align="right">
</td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">948</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">272&nbsp;</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,545&nbsp;</font></p>
</td>
<td width="33.333325" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">1,667</font></p>
</td>
</tr>
<tr valign="top">

<td width="237.333274" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deferred tax
assets</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">19,412&nbsp;</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">29,120&nbsp;</font></p>
</td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">20,347</font></p>
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Less valuation
allowance</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(13,601)</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(7,111)</font></p>
</td>
<td width="33.333325" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">-</font></p>
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net deferred tax
asset</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5,811&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">22,009&nbsp;</font></p align="right">
</td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">20,347</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" >
<p>
<font size="2">Deferred tax liabilities:</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33.333325" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Property, plant, and
equipment</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">5,811&nbsp;</font></p align="right">
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">7,454&nbsp;</font></p align="right">
</td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">7,433</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">--&nbsp;</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">5,162&nbsp;</font></p>
</td>
<td width="33.333325" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,386</font></p>
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deferred tax
liabilities</font></p>
</td>
<td width="110.666639" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">5,811</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="111.999972" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">12,616&nbsp;</font></p>
</td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="87.999978" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">9,819</font></p>
</td>
</tr>
<tr valign="top">
<td width="237.333274" colspan="1" rowspan="1" >
<p>
<font size="2">Net deferred tax asset</font></p>
</td>
<td colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="90.666644" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2"> --&nbsp;</font></p>
</td>
<td width="21.333328" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="33.333325" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="78.666647" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2"> 9,393&nbsp;</font></p>
</td>
<td width="33.333325" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$</font></p>
</td>
<td width="67.999983" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">10,528</font></p>
</td>
</tr>
</table></div>
<p align="center">
<font face="Times New Roman" size="2">F-27<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<font size="2">Included in the Company&#8217;s noncurrent assets of discontinued operations at
December 31, 2002, is a net noncurrent deferred tax asset of $7.2 million
relating primarily to tax deductible goodwill and reserves that are not
deductible for tax purposes until paid.  In addition, the Company&#8217;s noncurrent liabilities of discontinued operations at December 31, 2002, include
noncurrent deferred tax liability of $2.7 million related primarily to
differences in the book and tax bases of fixed assets.  The net deferred tax
asset of $4.4 million has a full valuation allowance.</font></p><p>
<font size="2">As of December 31, 2002, the Company had federal net operating loss
carryforwards of approximately $50.4 million which will expire between 2004 and
2022.  While the majority of these loss carryforwards are associated with the
Company&#8217;s discontinued operations, the Company has classified the related
deferred tax asset and valuation allowance as a component of continuing
operations since it believes it will be able to retain these tax attributes.  In
addition, the Company had charitable contributions and capital loss
carryforwards of $1.4 million that may be carried forward through 2006 and an AMT
credit carryforward of $0.2 million, which may be carried forward
indefinitely.</font></p><p>
<font size="2">A consolidated valuation allowance of $7.1 million related to rationalization of
net operating loss carryforwards generated by the Company&#8217;s discontinued
operations was established as of December 31, 2001. The allowance reflects the
Company&#8217;s recognition that continuing losses from operations and certain
liquidity matters discussed in Note 2&nbsp;indicate that it is more likely than
not that certain future tax benefits will not be realized as a result of future
taxable income.  At December 31, 2002, the Company recorded a full valuation
allowance against its net deferred tax asset from continuing and discontinuing
operations totalling approximately $18.0 million.</font></p><p>
<font size="2">As of December 31, 2002, the Company has state net operating loss carryforwards
of approximately $97.0 million.  As the Company believes that realization of the
benefit of these state losses is remote, it has not recorded deferred tax assets
associated with these losses.</font></p><p>
<font size="2">The Company received a tax refund of approximately $4.2 million during the
quarter ended June 30, 2002, which was used to reduce the RoadOne revolver and
cured the over-advance position that existed at that time.  An additional tax
refund of $4.6 million was received during the quarter ended September 30, 2002,
with proceeds used to further reduce the borrowings under the RoadOne revolver.
</font>
<p>
<b>
<font size="2">13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PREFERRED STOCK</font></b><p>
<font size="2">The Company has authorized 5,000,000 shares of undesignated preferred stock
which can be issued in one or more series. The terms, price, and conditions of
the preferred shares will be set by the board of directors. No shares have been
issued.</font></p><p>
<b>
<font size="2">14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EMPLOYEE BENEFIT PLANS</font></b><p>
<font size="2">During 1996, the Company established a contributory retirement plan for all
full-time employees with at least 90 days of service. Effective January 1, 1999,
the Company split the plan into two identical plans by operating segment. As a
result of the Company&#8217;s decision to dispose of its towing services
operations the two separate plans will be combined to form a consolidated plan
effective January 1, 2003. These plans are designed to provide tax-deferred
income to the Company&#8217;s employees in accordance with the provisions of
Section 401 (k) of the Internal Revenue Code.</font></p><p>
<font size="2">These plans provide that each participant may contribute up to 15% of his or her
salary. The Company matches 33.33% of the first 3% of participant contributions.
Matching contributions vest over a period of five years. Company contributions
to the plans were not significant in 2001, 2000, and 1999.</font></p><p align="center">
<font face="Times New Roman" size="2">F-28<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
<b>
<font size="2">15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QUARTERLY FINANCIAL INFORMATION (UNAUDITED)</font></b><p>
<font size="2">The following is a summary of the unaudited quarterly financial information for
the twelve months ended December 31, 2002 and 2001 (in thousands, except per
share data):</font></p>
<div align="center" style="position:relative; left: 0"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="191.999952" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="57.333319" bgcolor=#FFF3CE valign="bottom">
<p align="center">
<font size="2"><b>Net</b></font><br><font size="2"><b>Sales</b></font></p align="center">
</td>
<td width="14.666663" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="70.666649" bgcolor=#FFF3CE valign="bottom">
<p align="center">
<font size="2"><b>Operating<br>
Income</b></font><br><font size="2"><b>(Loss)</b></font></p align="center">
</td>
<td width="14.666663" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="93.333310" bgcolor=#FFF3CE valign="bottom">
<p align="center">
<font size="2"><b>Loss
From</b></font><br><font size="2"><b>Discontinued</b></font><br><font size="2"><b>Operations</b></font></p align="center">
</td>
<td width="30.666659" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="63.999984" bgcolor=#FFF3CE valign="bottom">
<p align="center">
<font size="2"><b>Net</b></font><br><font size="2"><b>Income</b></font><br><font size="2"><b>(Loss)(a)</b></font></p align="center">
</td>
<td width="14.666663" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="82.666646" bgcolor=#FFF3CE valign="bottom">
<p align="center">
<font size="2"><b>Basic</b></font><br><font size="2"><b>Net</b></font><br><font size="2"><b>Loss
Per</b></font><br><font size="2"><b>Share</b></font></p align="center">
</td>
<td width="23.999994" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="62.666651" bgcolor=#FFF3CE valign="bottom">
<p align="center">
<font size="2"><b>Diluted</b></font><br><font size="2"><b>Net</b></font><br><font size="2"><b>Loss
Per</b></font><br><font size="2"><b>Share</b></font></p align="center">
</td>


</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="57.333319" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="30.666659" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23.999994" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<p>
<font size="2">Year ended December 31, 2002:</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="30.666659" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="23.999994" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First
quarter</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$  47,805</font></p align="right">


</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$  2,688</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$(1,213)</font></p align="right">
</td>
<td width="30.666659" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$(22,047)</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$(2.36)</font></p align="right">
</td>
<td width="23.999994" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$(2.36)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Second
quarter</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">54,159</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">2,740</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(2,016)</font></p align="right">
</td>
<td width="30.666659" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(342)</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(0.04)</font></p align="right">
</td>
<td width="23.999994" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(0.04)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third
quarter</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" >
<p align="right">
<font size="2">47,771</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" >
<p align="right">
<font size="2">1,491</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(586)</font></p align="right">
</td>
<td width="30.666659" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(962)</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(0.10)</font></p align="right">
</td>
<td width="23.999994" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(0.10)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fourth
quarter</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">53,324</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">4,190</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(23,591)</font></p>
</td>
<td width="30.666659" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(22,343)</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="left">
<font size="2">&nbsp;(b)</font></td>
<td width="82.666646" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(2.39)</font></p>
</td>
<td width="23.999994" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(2.39)</font></p>
</td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$203,059</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$11,109</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$(27,406)</font></p>
</td>
<td width="30.666659" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$(45,694)</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$(4.89)</font></p>
</td>
<td width="23.999994" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:double">
<font size="2">$(4.89)</font></p>
</td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="57.333319" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="30.666659" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="23.999994" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" >
<p>
<font size="2">Year ended December 31, 2001:</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="30.666659" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="23.999994" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" >

<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First
quarter</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$  49,490</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$   1,827</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$(1,459)</font></p align="right">
</td>
<td width="30.666659" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$    (1,949)</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$(0.20)</font></p align="right">
</td>
<td width="23.999994" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$(0.20)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Second
quarter</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" >
<p align="right">
<font size="2">62,613</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" >
<p align="right">
<font size="2">4,319</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >


<p align="right">
<font size="2">(7,915)</font></p align="right">
</td>
<td width="30.666659" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" >
<p align="right">
<font size="2">29</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(0.00)</font></p align="right">
</td>
<td width="23.999994" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" >
<p align="right">
<font size="2">(0.00)</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third
quarter</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">53,017</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">2,179</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(697)</font></p align="right">
</td>
<td width="30.666659" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(719)</font></p align="right">
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(0.08)</font></p align="right">
</td>
<td width="23.999994" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">(0.08)</font></p align="right">
</td>
</tr>
<tr valign="top">

<td width="191.999952" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fourth
quarter</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">53,859</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">2,236</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="93.333310" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2"><u>(</u>15,869<u>)</u></font></p>
</td>
<td width="30.666659" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(17,725)(b)</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(1.90)</font></p>
</td>
<td width="23.999994" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" >
<p align="right" style="border-bottom:solid windowtext .5pt">
<font size="2">(1.90)</font></p>
</td>
</tr>
<tr valign="top">
<td width="191.999952" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total</font></p>
</td>
<td width="57.333319" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$218,979</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="70.666649" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$10,561</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>

<font size="2">&nbsp;</font></td>

<td width="93.333310" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$(25,940)</font></p>
</td>
<td width="30.666659" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="63.999984" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$(20,364)</font></p>
</td>
<td width="14.666663" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="82.666646" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$(2.18)</font></p>
</td>
<td width="23.999994" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="62.666651" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right" style="border-bottom:double">
<font size="2">$(2.18)</font></p>
</td>
</tr>
</table></div>
<p>
&nbsp;<table border="0" cellpadding="4" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%">
  <tr>
    <td valign="top"><font size="2">(a)</font></td>
    <td><font size="2">The income tax provision (benefit) has been
allocated by quarter based on the effective rate for the twelve months ended
December 31, 2002 and 2001.</font></td>
    </tr>
    <tr>
      <td valign="top"><font size="2">(b)</font></td>
      <td><font size="2">The results for the three months ended December
31, 2002 and December 31, 2001 reflect asset impairments and other special
charges of $11,828,000 and $16,672,000 as discussed in Note 6.</font></td>
      </tr>
    </table>
    <p>
&nbsp;<p>
&nbsp;<p>
&nbsp;<p>
&nbsp;<p>
&nbsp;<p>
&nbsp;<p align="center">
<font face="Times New Roman" size="2">F-29<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
    <p align="center">
<b><font size="2">MILLER
INDUSTRIES, INC. AND SUBSIDIARIES<br>
<a name="SCHEDULE">SCHEDULE</a> II -VALUATION AND QUALIFYING ACCOUNTS<br>
&nbsp;</font></b><div align="center"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="245.333272" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="86.666645" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Balance at Beginning of Period</font></p>
</td>
<td width="73.333315" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">
<br>Charged to Expenses</font></p>
</td>
<td valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">
<br>Charged to Other</font></p>
</td>
<td width="78.666647" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">
<br>Accounts Written Off</font></p>
</td>
<td width="77.333314" valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Balance at End of Period</font></p>
</td>
</tr>
<tr valign="top">
<td width="245.333272" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="386" colspan="5" >
<p align="center">
<font size="2">(In Thousands)</font></p>
</td>
</tr>
<tr valign="top">
<td width="245.333272" bgcolor="#FFF3CE" >
<p>
<font size="2">Year ended April 30, 2000:<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deduction from asset accounts:<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;allowance for
doubtful accounts</font></td>
<td width="66" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$3,702</font></p align="right">
</td>
<td width="53" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">4,956</font></p align="right">
</td>
<td width="63" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">59(a)</font></p align="right">
</td>
<td width="60" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(2,208)</font></p align="right">
</td>
<td width="60" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$6,509</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="245.333272" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="66" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="53" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="63" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="245.333272" bgcolor="#FFF3CE" >
<p>
<font size="2">Year ended April 30, 2001:<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deduction from asset accounts:<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allowance for
doubtful accounts</font></td>
<td width="66" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<p align="right">
<font size="2">$6,509</font></p align="right">
</td>
<td width="53" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">3,845</font></p align="right">
</td>
<td width="63" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(265)(b)</font></p align="right">
</td>
<td width="60" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(7,236)</font></p align="right">
</td>
<td width="60" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$2,853</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="245.333272" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="66" valign="bottom" >

<font size="2">&nbsp;</font></td>
<td width="53" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="63" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="245.333272" bgcolor="#FFF3CE" >
<p>
<font size="2">Eight months ended December 31, 2001:<br>
Deduction from asset accounts:<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allowance for
doubtful accounts</font></td>
<td width="66" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$2,853</font></p align="right">
</td>
<td width="53" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">1,262</font></p align="right">
</td>
<td width="63" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="60" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,092)</font></p align="right">
</td>
<td width="60" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$3,023</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="245.333272" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="66" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="53" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="63" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="60" valign="bottom" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="245.333272" bgcolor="#FFF3CE" >
<p>
<font size="2">Year ended December 31, 2002<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deduction from asset accounts:<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allowance for
doubtful accounts</font></td>
<td width="66" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$576</font></p align="right">
</td>
<td width="53" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">564</font></p align="right">
</td>
<td width="63" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">--</font></p align="right">
</td>
<td width="60" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(335)</font></p align="right">
</td>
<td width="60" valign="bottom" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$805</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="245.333272" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="86.666645" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="73.333315" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="73.333315" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="78.666647" valign="bottom" >
<font size="2">&nbsp;</font></td>
<td width="77.333314" valign="bottom" >
<font size="2">&nbsp;</font></td>
</tr>
</table></div>
<div align="center">
  <center>
  <table border="0" cellpadding="3" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="651">
    <tr>
      <td width="56" valign="top"><font size="2">(a)</font></td>
      <td width="595"><font size="2">The other addition to the allowance for
doubtful accounts results from the acquisitions in fiscal 2000 which were
accounted for under the purchase method of accounting. </font></td>
      </tr>
      <tr>
        <td width="56" valign="top"><font size="2">(b)</font></td>
        <td width="595"><font size="2">The other reduction to the allowance for
doubtful accounts results from the dispositions of towing services markets in
fiscal 2001.</font></td>
      </tr>
    </table>
    </center>
  </div>
  <p>
<font size="1">&nbsp;</font></p align="center">
<div align="center"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td valign="bottom" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Balance
at<br>Beginning<br>of
Period</font></p>
</td>
<td valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Charged to<br>Expense</font></p>
</td>
<td valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Claims</font></p>
</td>
<td valign="bottom" bgcolor="#FFF3CE" >
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Balance at<br>End of Period</font></p>
</td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="392" colspan="4" >
<p align="center">
<font size="2">(In Thousands)</font></p>
</td>
</tr>
<tr valign="top">
<td width="235.999941" bgcolor="#FFF3CE" >
<p>
<font size="2">Year Ended April 30, 2000:</font></p>
</td>
<td width="98.666642" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Product Warranty
Reserve:</font></p>
</td>
<td width="70" >
<p align="right">
<font size="2">$507</font></p align="right">
</td>
<td width="70" >
<p align="right">
<font size="2">2,079</font></p align="right">


</td>
<td width="70" >
<p align="right">
<font size="2">(1,668)</font></p align="right">
</td>
<td width="70" >
<p align="right">
<font size="2">$918</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="235.999941" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<p>
<font size="2">Year Ended April 30, 2001:</font></p>
</td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" bgcolor="#FFF3CE" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Product Warranty
Reserve:</font></p>
</td>
<td width="70" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$918</font></p align="right">
</td>
<td width="70" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">2,126</font></p align="right">
</td>
<td width="70" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(2,156)</font></p align="right">
</td>
<td width="70" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$888</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" bgcolor="#FFF3CE" >
<p>
<font size="2">Eight Months Ended December 31, 2001:</font></p>
</td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>

<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Product Warranty
Reserve:</font></p>
</td>
<td width="70" >
<p align="right">
<font size="2">$888</font></p align="right">
</td>
<td width="70" >
<p align="right">
<font size="2">1,271</font></p align="right">
</td>
<td width="70" >
<p align="right">
<font size="2">(1,233)</font></p align="right">
</td>
<td width="70" >
<p align="right">
<font size="2">$926</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="235.999941" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
<td width="70" bgcolor="#FFF3CE" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<p>
<font size="2">Year Ended December 31, 2002:</font></p>
</td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
<td width="70" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" bgcolor="#FFF3CE" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Product Warranty
Reserve:</font></p>
</td>
<td width="70" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$926</font></p align="right">
</td>
<td width="70" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">1,489</font></p align="right">
</td>
<td width="70" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">(1,861)</font></p align="right">
</td>
<td width="70" bgcolor="#FFF3CE" >
<p align="right">
<font size="2">$554</font></p align="right">
</td>
</tr>
</table></div>
<p>
</p>
<p align="center">
<font face="Times New Roman" size="2">S-1<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p>
</p>
<div align="center"><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="235.999941" bgcolor=#FFF3CE valign="bottom">
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">
<br><br>Balance
at<br>Beginning<br>of
Period</font></p>
</td>
<td width="98.666642" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Current Year Additions</font></p>
</td>
<td width="98.666642" colspan="2" bgcolor=#FFF3CE valign="bottom">
<p align="center" style="border-bottom:solid windowtext .5pt">
<font size="2">Balance at<br>End of Period</font></p>
</td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="1" rowspan="1" >
<p>
<font size="2">(In Thousands)</font></p>
</td>
<td width="98.666642" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">Eight Months Ended December 31, 2001:</font></p>
</td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred Tax Valuation Allowance:</font></p>
</td>
<td width="37.333324" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="59.999985" colspan="1" rowspan="1" >
<p align="right">
<font size="2">--&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="98.666642" colspan="1" rowspan="1" >
<p align="right">
<font size="2">7,111&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="33.333325" colspan="1" rowspan="1" >
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="63.999984" colspan="1" rowspan="1" >
<p align="right">
<font size="2">7,111&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" bgcolor=#FFF3CE>
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" >
<p>
<font size="2">Year Ended December 31, 2002:</font></p>
</td>
<td width="98.666642" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="1" rowspan="1" >
<font size="2">&nbsp;</font></td>
<td width="98.666642" colspan="2" rowspan="1" >
<font size="2">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="235.999941" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred Tax Valuation Allowance:</font></p>
</td>
<td width="37.333324" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="59.999985" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">7,111&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="98.666642" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">10,921&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
<td width="33.333325" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">$</font></p align="right">
</td>
<td width="63.999984" colspan="1" rowspan="1" bgcolor=#FFF3CE>
<p align="right">
<font size="2">18,032&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p align="right">
</td>
</tr>
</table></div>
<p>
&nbsp;<p>
<u><font size="2">Note</font></u><font size="2">:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The tables above reflect activity for
continuing operations for the year ended December 31, 2002 and for consolidated
operations for the eight months ended December 31, 2001 and the fiscal years
ended April 30, 2001 and 2000.</font><p align="left">
&nbsp;<p align="left">
&nbsp;<p align="left">
&nbsp;<p align="left">
&nbsp;<p align="left">
&nbsp;<p align="left">
&nbsp;<p align="left">
&nbsp;<p align="center">
<font face="Times New Roman" size="2">&nbsp;S-2<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p align="left">
&nbsp;<p align="center">
<b><font size="2"><a name="SIGNATURES">SIGNATURES</a></font></b><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of
1934, the Registrant has duly caused this Report to be signed on its behalf by
the undersigned, thereunto duly authorized, on the 22nd day of May, 2003.</font></p><p>
&nbsp;<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="698">
  <tr>
    <td width="326"><font size="2">&nbsp;</font></td>
    <td width="372">
<b><font size="2">MILLER INDUSTRIES, INC.</font></b><p>
<font size="2">By:</font><u><font size="2">&nbsp;&nbsp;&nbsp;/s/ Jeffrey I.
Badgley&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>
</font></u>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jeffrey I. Badgley, President, <br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer and Director</font></td>
    </tr>
  </table>
  <p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Know
all men by these presents, that each person whose signature appears below
constitutes and appoints Jeffrey I. Badgley as attorney-in-fact, with power of
substitution, for him in any and all capacities, to sign any amendments to this
Report on Form 10-K, and to file the same, with exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange Commission,
hereby ratifying and confirming all that said attorney-in-fact may do or cause
to be done by virtue hereof.</font></p><p>
<font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities
Exchange Act of 1934, this Report has been signed below by the following persons
on behalf of the Registrant in the capacities indicated on the 22nd day of May, 2003.</font></p>
<div><table border=0 cellpadding=0 cellspacing =0 >
<tr valign="top">
<td width="311.999922" colspan="1" rowspan="1" >
<p>
<u><font size="2">Signature</font></u></p>
</td>
<td width="317.333254" colspan="1" rowspan="1" >
<p>
<u><font size="2">Title</font></u></p>
</td>
</tr>
<tr valign="top">
<td width="311.999922" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<u><font size="2">&nbsp; /s/ William G. Miller&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>
</font></u>
<font size="2">William G. Miller</font></td>
<td width="317.333254" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<font size="2">Chairman of the Board of Directors</font></p>
</td>
</tr>
<tr valign="top">
<td width="311.999922" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<u><font size="2">&nbsp;&nbsp;/s/ Jeffrey I. Badgley&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>
</font></u>
<font size="2">Jeffrey I. Badgley</font></td>
<td width="317.333254" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<font size="2">President, Chief Executive Officer and Director</font></p>
</td>
</tr>
<tr valign="top">
<td width="311.999922" colspan="1" rowspan="1" >
<p>
&nbsp;
<p>
<u><font size="2">&nbsp;&nbsp;&nbsp;/s/ J. Vincent Mish&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>
</font></u>
<font size="2">J. Vincent Mish</font></td>
<td width="317.333254" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<font size="2">Executive Vice President, Treasurer and Chief Financial Officer (Principal
Financial and Accounting Officer)</font></p>
</td>
</tr>
<tr valign="top">
<td width="311.999922" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<u><font size="2">&nbsp;&nbsp;&nbsp;/s/ A. Russell Chandler, III&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>
</font></u>
<font size="2">A. Russell Chandler, III</font></td>
<td width="317.333254" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<font size="2">Director</font></p>
</td>
</tr>
<tr valign="top">
<td width="311.999922" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<u><font size="2">&nbsp;&nbsp;&nbsp;/s/ Paul E. Drack&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>
</font></u>
<font size="2">Paul E. Drack</font></td>
<td width="317.333254" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<font size="2">Director</font></p>
</td>
</tr>
<tr valign="top">
<td width="311.999922" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<u><font size="2">&nbsp;&nbsp;/s/ Richard H. Roberts&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>
</font></u>
<font size="2">Richard H. Roberts</font></td>
<td width="317.333254" colspan="1" rowspan="1" >
<p>
&nbsp;<p>
<font size="2">Director</font></p>
</td>
</tr>
</table></div>
<p align="center">
&nbsp;</p>


<font face="Times New Roman" size="2">
<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of
Contents</a> </font>
<p align="center"><u><font face="Times New Roman" size="2">CERTIFICATIONS</font></u></p>
<p>&nbsp;</p>
<p><font face="Times New Roman" size="2">I, Jeffrey I. Badgley, certify that:</font></p>
<p><font face="Times New Roman" size="2">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I have reviewed this
annual report on Form 10-K of Miller Industries, Inc.;</font></p>
<p><font face="Times New Roman" size="2">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, this
annual report does not contain any untrue statement of a material fact or omit
to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect
to the period covered by this annual report;</font></p>
<p><font face="Times New Roman" size="2">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, the
financial statements, and other financial information included in this annual
report, fairly present in all material respects the financial condition, results
of operations and cash flows of the registrant as of, and for, the periods
presented in this annual report;</font></p>
<p><font face="Times New Roman" size="2">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The registrant&#146;s other
certifying officers and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and
15d-14) for the registrant and we have:</font></p>
<blockquote>
  <blockquote>
    <p><font face="Times New Roman" size="2">a) designed such disclosure
    controls and procedures to ensure that material information relating to the
    registrant, including its consolidated subsidiaries, is made known to us by
    others within those entities, particularly during the period in which this
    annual report is being prepared;</font></p>
    <p><font face="Times New Roman" size="2">b) evaluated the effectiveness of
    the registrant&#146;s disclosure controls and procedures as of a date within 90
    days prior to the filing date of this annual report (the &#147;Evaluation Date&#148;);
    and</font></p>
    <p><font face="Times New Roman" size="2">c) presented in this annual report
    our conclusions about the effectiveness of the disclosure controls and
    procedures based on our evaluation as of the Evaluation Date;</font></p>
  </blockquote>
</blockquote>
<p><font face="Times New Roman" size="2">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The registrant&#146;s other
certifying officers and I have disclosed, based on our most recent evaluation,
to the registrant&#146;s auditors and the audit committee of registrant&#146;s board of
directors (or persons performing the equivalent function):</font></p>
<blockquote>
  <blockquote>
    <p><font face="Times New Roman" size="2">a) all significant deficiencies in
    the design or operation of internal controls which could adversely affect
    the registrant&#146;s ability to record, process, summarize and report financial
    data and have identified for the registrant&#146;s auditors any material
    weaknesses in internal controls; and</font></p>
    <p><font face="Times New Roman" size="2">b) any fraud, whether or not
    material, that involves management or other employees who have a significant
    role in the registrant&#146;s internal controls; and</font></p>
  </blockquote>
</blockquote>
<p><font face="Times New Roman" size="2">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The registrant&#146;s other
certifying officers and I have indicated in this annual report whether or not
there were significant changes in internal controls or in other factors that
could significantly affect internal controls subsequent to the date of our most
recent evaluation, including any corrective actions with regard to significant
deficiencies and material&nbsp; weaknesses.</font></p>
<p>&nbsp;</p>
<p><font face="Times New Roman" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date: May 22, 2003</font></p>
<p>&nbsp;</p>
<p><font face="Times New Roman" size="2">&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;
<u>/s/ Jeffrey I. Badgley&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>&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; Jeffrey I. Badgley<br>
&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; President and Chief Executive Officer</font></p>
<font face="Times New Roman" size="2">
<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of Contents</a> </font>
<p align="center"><u><font face="Times New Roman" size="2">CERTIFICATIONS</font></u></p>
<p>&nbsp;</p>
<p><font face="Times New Roman" size="2">I, J. Vincent Mish, certify that:</font></p>
<p><font face="Times New Roman" size="2">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I have reviewed this
annual report on Form 10-K of Miller Industries, Inc.;</font></p>
<p><font face="Times New Roman" size="2">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, this
annual report does not contain any untrue statement of a material fact or omit
to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect
to the period covered by this annual report;</font></p>
<p><font face="Times New Roman" size="2">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on my knowledge, the
financial statements, and other financial information included in this annual
report, fairly present in all material respects the financial condition, results
of operations and cash flows of the registrant as of, and for, the periods
presented in this annual report;</font></p>
<p><font face="Times New Roman" size="2">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The registrant&#146;s other
certifying officers and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and
15d-14) for the registrant and we have:</font></p>
<blockquote>
  <blockquote>
    <p><font face="Times New Roman" size="2">a) designed such disclosure
    controls and procedures to ensure that material information relating to the
    registrant, including its consolidated subsidiaries, is made known to us by
    others within those entities, particularly during the period in which this
    annual report is being prepared;</font></p>
    <p><font face="Times New Roman" size="2">b) evaluated the effectiveness of
    the registrant&#146;s disclosure controls and procedures as of a date within 90
    days prior to the filing date of this annual report (the &#147;Evaluation Date&#148;);
    and</font></p>
    <p><font face="Times New Roman" size="2">c) presented in this annual report
    our conclusions about the effectiveness of the disclosure controls and
    procedures based on our evaluation as of the Evaluation Date;</font></p>
  </blockquote>
</blockquote>
<p>&nbsp;</p>
<p><font face="Times New Roman" size="2">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The registrant&#146;s other
certifying officers and I have disclosed, based on our most recent evaluation,
to the registrant&#146;s auditors and the audit committee of registrant&#146;s board of
directors (or persons performing the equivalent function):</font></p>
<blockquote>
  <blockquote>
    <p><font face="Times New Roman" size="2">a) all significant deficiencies in
    the design or operation of internal controls which could adversely affect
    the registrant&#146;s ability to record, process, summarize and report financial
    data and have identified for the registrant&#146;s auditors any material
    weaknesses in internal controls; and</font></p>
    <p><font face="Times New Roman" size="2">b) any fraud, whether or not
    material, that involves management or other employees who have a significant
    role in the registrant&#146;s internal controls; and</font></p>
  </blockquote>
</blockquote>
<p><font face="Times New Roman" size="2">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The registrant&#146;s other
certifying officers and I have indicated in this annual report whether or not
there were significant changes in internal controls or in other factors that
could significantly affect internal controls subsequent to the date of our most
recent evaluation, including any corrective actions with regard to significant
deficiencies and material&nbsp; weaknesses.</font></p>
<p>&nbsp;</p>
<p><font face="Times New Roman" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date: May 22, 2003</font></p>
<p>&nbsp;</p>
<p><font face="Times New Roman" size="2">&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;<u>&nbsp;
/s/ J. Vincent Mish&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>&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; J. Vincent Mish<br>
&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; Executive Vice President and Chief
Financial Officer</font></p>


<font face="Times New Roman" size="2">
<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left">
<font size="1">
<a href="#EWTOC">Table of Contents</a> </font>
<p align="center"><b>EXHIBIT INDEX</b></p>
<p align="center">&nbsp;</p>
<table border=0 cellpadding=6 cellspacing =0 style="border-collapse: collapse" bordercolor="#111111" width="597" >
<tr valign="top">
<td width="58" bgcolor="#FFF3CE" >
<p>
<font size="2">10.84</font></p>
</td>
<td width="515" bgcolor="#FFF3CE" >
<p>
<font size="2">Third Amendment to the Credit Agreement by and among the Company and its
Subsidiaries and the CIT Group/Business Credit, Inc. and Bank of America, N.A.
dated September 13, 2002.</font></p>
</td>
</tr>
<tr valign="top">
<td width="58" colspan="1" rowspan="1" >
<p>
<font size="2">10.86</font></p>
</td>
<td width="515" colspan="1" rowspan="1" >
<p>
<font size="2">Fifth Amendment to the Credit Agreement by and among the Company and its
Subsidiaries and the CIT Group/Business Credit, Inc. and Bank of America, N.A.
dated February 28, 2003.</font></p>
</td>


</tr>
<tr valign="top">
<td width="58" bgcolor="#FFF3CE" >
<p>
<font size="2">10.87</font></p>
</td>
<td width="515" bgcolor="#FFF3CE" >
<p>
<font size="2">Sixth Amendment to the Credit Agreement by and among the Company and its
Subsidiaries and the CIT Group/Business Credit, Inc. and Bank of America, N.A.
dated April 1, 2003.</font></p>
</td>
</tr>
<tr valign="top">
<td width="58" colspan="1" rowspan="1" >
<p>
<font size="2">21</font></p>
</td>
<td width="515" colspan="1" rowspan="1" >
<p>
<font size="2">Subsidiaries of the Registrant*</font></p>
</td>
</tr>
<tr valign="top">
<td width="58" bgcolor="#FFF3CE" >
<p>
<font size="2">23.1</font></p>
</td>
<td width="515" bgcolor="#FFF3CE" >
<p>
<font size="2">Consent of PricewaterhouseCoopers LLP</font></p>
</td>
</tr>
<tr valign="top">

<td width="58.666652" colspan="1" >
<font size="2">99.1</font></td>
<td colspan="1" >
<font size="2">Certification of Jeffrey I. Badgley pursuant to </font><font size="2" face="Times New Roman">
18 U.S.C. Section 1350*</font></td>
</tr>
<tr valign="top">

<td width="58.666652" colspan="1" >
<font size="2">99.2</font></td>
<td colspan="1" >
<font size="2">Certification of J. Vincent Mish pursuant to </font><font size="2" face="Times New Roman">
18 U.S.C. Section 1350*</font></td>
</tr>
</table>


</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.84
<SEQUENCE>3
<FILENAME>thirdamendment.htm
<DESCRIPTION>THIRD AMENDMENT TO CREDIT AGREEMENT
<TEXT>
<html>
<head>
<title>THIRD AMENDMENT TO CREDIT AGREEMENT</title>
</head>
<p align="left"><b>Exhibit 10.84</b></p>

<p align="center"><font size="3" face="Times New Roman"><b><u>THIRD AMENDMENT TO CREDIT AGREEMENT</u></b></font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; THIS THIRD AMENDMENT TO
CREDIT AGREEMENT (the &ldquo;Amendment&rdquo;) is made and entered into as of this 13th day of September 2002, among MILLER
INDUSTRIES, INC., a Tennessee corporation (&ldquo;Parent&rdquo;), each of the other Subsidiaries of Parent listed on the signature
page hereto (together with Parent, collectively, &ldquo;Borrowers&rdquo;), the Lenders party to this Amendment (the
&ldquo;Lenders&rdquo;), THE CIT GROUP/BUSINESS CREDIT, INC., as Collateral Agent, and BANK OF AMERICA, N.A., as Administrative
Agent, Syndication Agent, Existing Titled Collateral Agent and Letter of Credit Issuer (in such capacity, together with the
Collateral Agent, the &ldquo;Agents&rdquo;).</font></p>

<p align="center"><u><font size="3" face="Times New Roman">W</font></u> <u>I</u> <u>T</u> <u>N</u> <u>E</u> <u>S</u> <u>S</u>
<u>E</u> <u>T</u> <u>H</u>:</p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WHEREAS, Borrowers, the
Lenders and the Agents entered into that certain Credit Agreement, dated as of July 23, 2001, pursuant to which the Lenders agreed
to make certain loans to Borrowers (as amended, modified, supplemented and restated from time to time, the &ldquo;Credit
Agreement&rdquo;); and</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WHEREAS, the Borrowers,
the Lenders and the Agents desire to make certain amendments to the Credit Agreement on the terms and conditions set forth
herein.</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NOW, THEREFORE, in
consideration of the foregoing premises, and other good and valuable consideration, the receipt and legal sufficiency of which is
hereby acknowledged, the parties hereto hereby agree as follows:</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
All capitalized terms used herein and not otherwise expressly defined herein
shall have the respective meanings given to such terms in the Credit Agreement.</font></p>

<p style="text-indent: 60">2.<font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>Annex A to the Credit Agreement shall be amended by amending the definition of &ldquo;Applicable Margin&rdquo; as follows:</p>

<p style="margin-left: 60"><font size="3" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; adding to subsection (i) thereof,
immediately following the amount $25,000,000, the text &ldquo;<u>minus</u> the amount, if any, of the Temporary Over-advance
Amount,&rdquo;</font></p>

<p style="margin-left: 60"><font size="3" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; adding to subsection (ii) thereof,
immediately following the amount $10,000,000, the text &ldquo;<u>minus</u> the amount, if any, of the Temporary Over-advance
Amount,&rdquo;</font></p>

<p style="margin-left: 60"><font size="3" face="Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; adding to subsection (iii) thereof,
immediately following the amount $10,000,000, the text &ldquo;<u>minus</u> the amount, if any, of the Temporary Over-advance
Amount,&rdquo;</font></p>

<p style="margin-left: 60"><font size="3" face="Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; adding to subsection (iv) thereof,
immediately following the amount $10,000,000, the text &ldquo;<u>minus</u> the amount, if any, of the Temporary Over-advance
Amount,&rdquo;</font></p>

<p style="margin-left: 60"><font size="3" face="Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; adding to subsection (v) thereof,
immediately following the amount $10,000,000, the text &ldquo;<u>minus</u> the amount, if any, of the Temporary Over-advance
Amount,&rdquo;</font></p>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p style="margin-left: 60"><font size="3" face="Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; adding to subsection (vi) thereof,
immediately following the amount $10,000,000, the text &ldquo;<u>minus</u> the amount, if any, of the Temporary Over-advance
Amount,&rdquo;</font></p>

<p style="text-indent: 60">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annex A to the Credit Agreement shall be amended by amending the definition of Maximum RoadOne Revolver Amount by deleting the
word &ldquo;and&rdquo; immediately prior to subsection (c) and adding, immediately following subsection (c) and prior to the
period, the following new subsection (d):</p>

<p style="margin-left: 60"><font size="3" face="Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the Maximum RoadOne Revolver Amount shall also be reduced by the amount, if any, of
the Temporary Over-advance Amount, which reduction shall be in addition to and not in satisfaction or substitution of any other
applicable or required reduction in the Maximum RoadOne Revolver Amount</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Annex A to the Credit Agreement shall be amended by amending the definition of
Miller Borrowing Base as follows</font>:</p>

<p><font size="3" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the text of subsection (c)(ii)(B) shall be deleted in its entirety and in lieu thereof the
following text shall be inserted:</font></p>

<p style="text-indent: 60; margin-left: 80"><font size="3" face="Times New Roman">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; up to the lesser of (i) 75% of the net amount
(calculated at the lower of fair market value and cost, on a first-in, first-out basis) of Eligible New Inventory, and (ii) up to
75% of the Net Orderly Liquidation Value of Eligible New Inventory (which shall be determined between Appraisal dates by reference
to the ratio of the Net Orderly Liquidation Value of Eligible New Inventory as set forth in the most recent quarterly Appraisal to
the book value of Eligible New Inventory as of the effective date of such Appraisal), <u>plus</u></font></p>

<p><font size="3" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a new subsection (c)(ii)(C) shall be inserted immediately following subsection
(c)(ii)(B), as follows:</font></p>

<p style="text-indent: 60; margin-left: 80"><font size="3" face="Times New Roman">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; on or before February 28, 2003 (and thereafter $0)
up to the lesser of (i) 75% of the net amount (calculated at the lower of fair market value and cost, on a first-in, first-out
basis) of Used Inventory Taken in Trade, (ii) up to 75% of the Net Orderly <u>Liquidation</u> Value of Used Inventory Taken in Trade
(which shall be determined between Appraisal dates by reference to the ratio of the Net Orderly Liquidation Value of Used Inventory
Taken in Trade as set forth in the most recent quarterly Appraisal to the book value of Used Inventory Taken in Trade as of the
effective date of such Appraisal), and (iii) the Used Inventory Cap, <u>plus</u></font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annex A to the Credit Agreement shall be amended by amending subsection (c) of
the definition of RoadOne Borrowing Base by adding, immediately following the word &ldquo;faith,&rdquo; the following text:
&ldquo;, including without limitation, the Tax Refund Reserve&rdquo;.</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Annex A to the Credit Agreement shall be amended by amending the definition of
Eligible Inventory by (a) striking the text of subsection (g) thereof and
inserting in lieu thereof the phrase &#147;that is obsolete or consists of returned
or repossessed goods&#148;, (b) designating current subsections (l) and (m) as
subsections (m) and (n), respectively, and (c) adding thereto new subsection
(l), as follows:</font></p>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p style="text-indent: 60"><font size="3" face="Times New Roman">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
on and after February 28, 2003, that is Used Inventory Taken in Trade;&nbsp;</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annex A to the Credit Agreement shall
be amended by amending the definition of Miller Borrowers by deleting the text &ldquo;Agreement as a &ldquo;Subsidiary Miller
Borrower&rdquo;.&rdquo; and inserting in lieu thereof the text &ldquo;Third Amendment under the heading &ldquo;Subsidiary Miller
Borrowers&rdquo;.&rdquo;</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annex A to the Credit Agreement shall
be amended by amending the definition of RoadOne Borrowers by deleting the text &ldquo;Agreement as a &ldquo;Subsidiary RoadOne
Borrower&rdquo;.&rdquo; and inserting in lieu thereof the text &ldquo;Third Amendment under the heading &ldquo;Subsidiary RoadOne
Borrowers&rdquo;.&rdquo;</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annex A to the Credit Agreement shall
be amended by adding thereto, in the appropriate respective places based on alphabetical order, the following new defined
terms:</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&nbsp;&#147;Eligible
New Inventory&#148; shall mean all Eligible Inventory owned by a Miller Borrower.</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&#147;Used Inventory
Taken in Trade&#148; means Used Inventory owned and taken in trade by a Miller
Borrower which meets the criteria for Eligible Inventory.</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&#147;First
Amendment&#148; shall mean and refer to that certain &#147;Forbearance Agreement and First
Amendment to Credit Agreement&#148; by and among the Borrowers, Lenders and Agents,
as identified therein, dated as of February 28, 2002.</font></p>

<p style="text-indent: 60">&ldquo;MOD&rdquo; means a Subsidiary of Parent that owns
<font size="3" face="Times New Roman">any</font> Used Inventory Taken in Trade.</p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&#147;Second
Amendment&#148; shall mean and refer to that certain &#147;Second Amendment to Credit
Agreement&#148; by and among the Borrowers, Lenders and Agents, as identified
therein, dated as of April 12, 2002.</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&#147;Tax Refund&#148;
means a pending federal income tax refund in an aggregate amount of
approximately $4,800,000 due to one or more of the Borrowers for the tax year
ending April 30, 2002.</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&nbsp;&ldquo;Tax Refund
Reserve&rdquo; means, as of any date on and after the receipt of any part of the Tax Refund by the Collateral Agent, a reserve
against availability under the RoadOne Borrowing Base in the aggregate amount of such Tax Refund payments received as of such date,
with such reserve to be increased as and when additional parts of the Tax Refund are received from time to time;&nbsp;
<u>provided</u>, <u>however</u>, that such reserve shall be reduced by the amount of, and the corresponding released availability
shall be applied in reduction of, the amount, if any, of the Temporary Over-advance Amount; and <u>provided</u>, <u>further</u>,
thereafter the balance of such reserve shall from time to time be reduced in such amounts, and the corresponding released
availability shall be applied, as the Borrowers shall direct.</font></p>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&ldquo;Temporary
Over-advance Amount&rdquo; means any RoadOne Overadvance (as defined in section 2 of the First Amendment) resulting from the
calculation by Collateral Agent of an updated RoadOne Borrowing Base following the receipt and review by the Collateral Agent of
new appraisals of RoadOne Fleet Vehicles, presently anticipated to be completed during September 2002 or shortly
thereafter.</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&#147;Third
Amendment&#148; shall mean that certain Third Amendment to Credit Agreement made and
entered into as of September 13, 2002, among the Borrowers, the Lenders party
thereto, and the Agents, all as identified therein.</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&ldquo;Used
Inventory&rdquo; means Inventory owned by a Miller Borrower that has been (a) used for an intended end-user purpose and (b) titled
in the name of a Person other than (i) a Miller Borrower or (ii) the manufacturer thereof,&nbsp; in each case prior to its
acquisition by one of the Miller Borrowers.</font></p>

<p style="text-indent: 60">&ldquo;Used Inventory Cap&rdquo; means an amount equal to $4,300,000;&nbsp; <u>provided</u>, <u>however</u>, that in the event of a
sale of all or substantially all of the assets or common stock of any MOD, Used Inventory Cap shall mean (a) an aggregate amount
equal to the Used Inventory Cap as defined immediately prior to such sale (as such amount may have been reduced from time to time
pursuant to this definition) <u>minus</u> (b) the amount of availability under the Miller Borrowing Base generated by Used
Inventory Taken in Trade owned by such MOD immediately prior to such sale.</p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Section 7.1</b> of the Credit Agreement shall be amended by inserting the letter (a)
immediately following the title thereto and by inserting a new paragraph at the end of section 7.1 as follows:</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&#147;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
On the first business day following the day on which one or more Borrowers
receive any payment of all or part of the Tax Refund, the Borrowers shall tender
such payment in its entirety to the Collateral Agent for application in
reduction of outstanding Revolving Loans.&#148;</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to amendments made to the articles of incorporation of certain of the
Borrowers, such Borrowers&#146; names have been changed as indicated in the chart
below.&nbsp; All references in the Credit Agreement and all other Loan Documents
to such Borrowers shall be amended by replacing each &#147;Former Borrower Name&#148;
indicated below with the corresponding &#147;New Borrower Name,&#148; as follows:</font></p>

<div align="center">
  <center>

<table border="1" cellspacing="0" cellpadding="0" width="630" bordercolor="#000000" style="border-collapse: collapse">
<tr>
<td valign="top" width="314">
<p align="center"><b><u><font size="3" face="Times New Roman">Former Borrower Name</font></u></b></p>
</td>
<td valign="top" width="314">
<p align="center"><b><u><font size="3" face="Times New Roman">New Borrower Name</font></u></b></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Beaty Towing &amp; Recovery, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">BTRX, Inc.</font></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Clarence Cornish Automotive Service, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">CCASX, Inc.</font></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Hall&rsquo;s Towing Service, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">HTX, Inc.</font></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Levesque&rsquo;s Auto Service, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">LASX, Inc.</font></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Mosteller&rsquo;s Garage, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">MGEX, Inc.</font></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Thompson&rsquo;s Wrecker Service, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">TWSX, Inc.</font></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Tow Pro Custom Towing &amp; Hauling, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">TPCTH, Inc.</font></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Walker Towing, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">WTC, Inc.</font></p>
</td>
</tr>

<tr>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">Whitey's Towing, Inc.</font></p>
</td>
<td valign="top" width="314">
<p align="center"><font size="3" face="Times New Roman">WTEX, Inc.</font></p>
</td>
</tr>
</table>

  </center>
</div>

<p>&nbsp;</p>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p style="text-indent: 60"><font size="3" color="black" face="Times New Roman">12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Representations, Warranties and
Covenants of Borrowers</u>. To induce Agent and Lenders to enter into this Amendment:</font></p>

<p style="text-indent: 60"><font size="3" color="black" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each Borrower hereby
represents, warrants and covenants to Agents and Lenders that,</font></p>

<p style="text-indent: 60; margin-left: 60"><font size="3" color="black" face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; as of the date hereof,
and after giving effect to the terms hereof, there exists no Default or Event of Default under the Credit Agreement or any of the
other Loan Documents,</font></p>

<p style="text-indent: 60; margin-left: 60"><font size="3" color="black" face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; each representation and
warranty made or deemed to be made in this Amendment and in the Loan Documents is true and correct on and as of the date of this
Amendment (except to the extent that any such representation or warranty relates to a prior specific date or period) and Borrowers
hereby reaffirm each of the agreements, covenants and undertakings set forth in the Loan Documents and in each and every other
agreement, instrument and other document executed in connection therewith or pursuant thereto as if Borrowers were making said
agreements, covenants and undertakings on the date hereof,</font></p>

<p style="text-indent: 60; margin-left: 60"><font size="3" color="black" face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; each Borrower has the power and is
duly authorized to enter into, deliver and perform this Amendment and</font></p>

<p style="text-indent: 60; margin-left: 60"><font size="3" color="black" face="Times New Roman">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; this Amendment and each of the Loan
Documents is the legal, valid and binding obligation of each Borrower enforceable against it in accordance with its
terms.</font></p>

<p style="text-indent: 60"><font size="3" color="black" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each Borrower acknowledges and
agrees that no right of offset, defense, counterclaim, claim, causes of action or objection in favor of any Borrower against either
Agent or any Lender exists arising out of or with respect to, (i) the Credit Agreement, as hereby amended, or any of the other Loan
Documents, (ii) any other documents now or heretofore evidencing, securing or in any way relating to the foregoing, or (iii) the
administration or funding of any of the Loans, the Secured Obligations or any Letter of Credit, and each Borrower does hereby
expressly waive, release and relinquish any and all such defenses, setoffs, claims, counterclaims, causes of action or objections,
if any, against either Agent or any Lender.</font></p>

<p style="text-indent: 60"><font size="3" color="black" face="Times New Roman">13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Release of Claims and Covenant
Not to Sue</u>.&nbsp; As a material inducement to Agents and Lenders to enter into this Amendment and to continue to make Revolving
Loans available, all in accordance with and subject to the terms and conditions of this Amendment and the Credit Agreement, and all
of which are to the direct advantage and benefit of each Borrower, the Borrowers, for themselves and their respective successors
and assigns, (a) do hereby remise, release, acquit, satisfy and forever discharge each Agent and each Lender, and all of the
respective past, present and future officers, directors, employees, agents, attorneys, representatives, participants, heirs,
successors and assigns of each Agent and each Lender, from any and all manner of debts, accountings, bonds, warranties,
representations, covenants, promises, contracts, controversies, agreements, liabilities, obligations, expenses, damages, judgments,
executions, actions, claims, demands and causes of action of any nature whatsoever, whether at law or in equity, either now accrued
or hereafter maturing and whether known or unknown, which any Borrower now has or hereafter can, shall or may have by reason of any
matter, cause or thing, from the beginning of the world to and including the date of this Amendment, including specifically, but
without limitation, matters arising out of, in connection with or relating to (i) the Obligations, including, but not limited to,
the administration or funding thereof, (ii) the Loan Documents or the indebtedness evidenced and secured thereby, and (iii) any
other agreement or transaction between the Borrowers and either Agent or any Lender or any subsidiary or affiliate of such parties;
and (b) do hereby covenant and agree never to institute or cause to be instituted or continue prosecution of any suit or other form
of action or proceeding of any kind or nature whatsoever against either Agent or any Lender or any subsidiaries or affiliates of
such parties, or any of their respective past, present or future officers, directors, employees, agents, attorneys,
representatives, participants, heirs, successors or assigns, by reason of or in connection with any of the foregoing matters,
claims or causes of action, provided, however, that the foregoing release and covenant not to sue shall not apply to any claims
arising after the date of this Amendment with respect to acts, occurrences or events after the date of this Amendment, including
without limitation commitments and obligations under the Loan Documents that arise after the date of this
Amendment.<b>&nbsp;</b></font></p>

<p>&nbsp;</p>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>&nbsp;</p>

<p style="text-indent: 60"><font size="3" color="black" face="Times New Roman">14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Additional
Acknowledgments</u>.&nbsp; Each Borrower expressly acknowledges and agrees that the waivers, estoppels and releases in favor of
Agents and each Lender contained in this Amendment shall not be construed as an admission of any wrongdoing, liability or
culpability on the part of either Agent or any such Lender, or as an admission by either Agent or any such Lender of the existence
of any claims by any Borrower or Guarantor against either Agent or any such Lender.&nbsp; Each Borrower further acknowledges and
agrees that, to the extent that any such claims exist, they are of a speculative nature so as to be incapable of objective
valuation and that, to the extent that any such claims may exist and may have value, such value would constitute primarily
"nuisance" value or "leverage" value in adversarial proceedings between any Borrower and either Agent or any such Lender.&nbsp; In
any event, each Borrower acknowledges and agrees that the value to such Borrower of the covenants and agreements on the part of
Agents and each Lender contained in this Amendment substantially and materially exceeds any and all value of any kind or nature
whatsoever of any claims or other liabilities waived or released by such Borrower hereunder.</font></p>

<p style="text-indent: 60"><font size="3" color="black" face="Times New Roman">15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Counterparts</u>.&nbsp; This
Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which,
when so executed and delivered, shall be deemed to be an original and all of which counterparts, taken together, shall constitute
but one and the same instrument.&nbsp;</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Governing Law</u>.&nbsp; This Amendment shall be governed by, and construed in
accordance with, the laws of, and the decisions of the courts in, the State of Georgia.</font></p>

<p>&nbsp;</p>

<p align="center"><font size="3" face="Times New Roman">[Signature Page Follows]</font></p>

<font size="3" face="Times New Roman"><br clear="all" />
</font>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">IN WITNESS WHEREOF,
Borrowers, the Agents and the Lenders have caused this Amendment to be duly executed, all as of the date first above
written.</font></p>

<p><font size="3" face="Times New Roman"></font></p>

<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="684">
  <tr>
    <td width="314">&nbsp;</td>
    <td width="361"><font size="3" face="Times New
Roman">
<b>&ldquo;PARENT&rdquo;</b></font><p><b><font size="3" face="Times New
Roman">MILLER INDUSTRIES, INC.</font></b></p>

<p><font size="3" face="Times New
Roman">&nbsp;By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ J. Vincent Mish&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>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
J. Vincent Mish<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size="3" face="Times New Roman">Chief Financial Officer</font></p>

<p><font size="3" face="Times New
Roman">
<b>&ldquo;SUBSIDIARY MILLER BORROWERS&rdquo;</b></font></p>

<p><font size="3" face="Times New
Roman">
<b>APACO, INC.<br>
</b></font><b><font size="3" face="Times New
Roman">B&amp;B ASSOCIATED INDUSTRIES, INC.<br>
CHEVRON, INC.<br>
CENTURY HOLDINGS, INC.<br>
CHAMPION CARRIER CORPORATION<br>
COMPETITION WHEELIFT, INC.<br>
</font><font size="3" face="Times New Roman">GOLDEN WEST TOWING EQUIPMENT<br>
&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
KING AUTOMOTIVE &amp;
INDUSTRIAL<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
EQUIPMENT, INC.<br>
MID AMERICA WRECKER &amp;
<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EQUIPMENT SALES, INC. OF
<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; COLORADO<br>
MILLER FINANCIAL SERVICES GROUP,<br>
&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
MILLER/GREENEVILLE, INC.<br>
MILLER INDUSTRIES DISTRIBUTING,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
MILLER INDUSTRIES INTERNATIONAL,<br>
&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
MILLER INDUSTRIES TOWING<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EQUIPMENT INC.<br>
PURPOSE, INC.<br>
SONOMA CIRCUITS, INC.<br>
SOUTHERN WRECKER CENTER, INC.<br>
SOUTHERN WRECKER SALES, INC.<br>
&nbsp;</font></b></p>

<p><font size="3" face="Times New
Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ J. Vincent Mish&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>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J. Vincent Mish<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size="3" face="Times New Roman">Vice President and Attorney-in-Fact of<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each entity listed above</font></p>

    </td>
  </tr>
</table>
&nbsp;<p>&nbsp;</p>
<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p>&nbsp;</p>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="684">
  <tr>
    <td width="317">&nbsp;</td>
    <td width="367"><b><font size="3" face="Times New Roman">&ldquo;SUBSIDIARY ROADONE BORROWERS&rdquo;</font></b><p><b><font size="3" face="Times New Roman">ACKERMAN WRECKER SERVICE, INC.<br>
    A-EXCELLENCE TOWING CO.<br>
    ALL AMERICAN TOWING SERVICES,<br>
&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
    ALLIED GARDENS TOWING, INC.<br>
    ALLIED TOWING AND RECOVERY, INC.<br>
    ARROW WRECKER SERVICE, INC.<br>
    A TO Z ENTERPRISES, INC.<br>
    B-G TOWING, INC.<br>
    BEAR TRANSPORTATION, INC.<br>
    BERT&#146;S TOWING RECOVERY<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CORPORATION<br>
    BOB BOLIN SERVICES, INC.<br>
    BOB&rsquo;S AUTO SERVICE, INC.<br>
    BOB VINCENT AND SONS WRECKER<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SERVICE,
INC.<br>
    BOULEVARD &amp; TRUMBULL TOWING,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
    BREWER&rsquo;S INC.<br>
    BRYRICH CORPORATION<br>
    BTRX, INC.<br>
    CAL WEST TOWING, INC.<br>
    CARDINAL CENTRE ENTERPRISES, INC.<br>
    CEDAR BLUFF 24 HOUR TOWING, INC.<br>
    CENTRAL VALLEY TOWING, INC.<br>
    CCASX, INC.<br>
    CHAD&rsquo;S INC.<br>
    CLEVELAND VEHICLE DETENTION CENTER, INC.<br>
    COFFEY&rsquo;S TOWING, INC.<br>
    COLEMAN&rsquo;S TOWING &amp; RECOVERY,<br>
&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
    D.A. HANELINE, INC.<br>
    DVREX, INC.<br>
    DICK&rsquo;S TOWING &amp; ROAD SERVICE, INC.<br>
    DOLLAR ENTERPRISES, INC.<br>
    DUGGER&rsquo;S SERVICES, INC.<br>
    DURU, INC.<br>
    E.B.T., INC.<br>
    EXPORT ENTERPRISES, INC.<br>
    GARY&rsquo;S TOWING &amp; SALVAGE POOL,<br>
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
    GOOD MECHANIC AUTO CO.<br>
    &nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OF RICHFIELD, INC.</font></b></p>

    </td>
  </tr>
</table>

<p>&nbsp;</p>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="684">
  <tr>
    <td width="316">&nbsp;</td>
    <td width="368"><b><font size="3" face="Times New Roman">GREAT AMERICA TOWING, INC.<br>
    GREG&rsquo;S TOWING, INC.<br>
    H&amp;H TOWING ENTERPRISES, INC.<br>
    HTX, INC.<br>
    KAUFF&rsquo;S INC.<br>
    KAUFF&rsquo;S OF FT. PIERCE, INC.<br>
    KAUFF&rsquo;S OF MIAMI, INC.<br>
    KAUFF&rsquo;S OF PALMS BEACH, INC.<br>
    KEN&rsquo;S TOWING, INC.<br>
    LAZER TOW SERVICES, INC.<br>
    LASX, INC.<br>
    LWKR, INC.<br>
    LINCOLN TOWING ENTERPRISES, INC.<br>
    M&amp;M TOWING AND RECOVERY, INC.<br>
    MAEJO, INC.<br>
    MEL&rsquo;S ACQUISITION CORP.<br>
    MERL&rsquo;S TOWING SERVICE, INC.<br>
    MGEX, INC.<br>
    MIKE&rsquo;S WRECKER SERVICE, INC.<br>
    MOORE&rsquo;S SERVICE &amp; TOWING, INC.<br>
    MOORE&rsquo;S TOWING SERVICE, INC.<br>
    MURPHY&rsquo;S TOWING, INC.<br>
    OFFICIAL TOWING, INC.<br>
    P.A.T., INC.<br>
    PIPES ENTERPRISES, INC.<br>
    RANDY&rsquo;S HIGH COUNTRY TOWING, INC.<br>
    RAY HARRIS, INC.<br>
    RMA ACQUISITION CORP.<br>
    RRIC ACQUISITION CORP.<br>
    RAY&rsquo;S TOWING, INC.<br>
    RECOVERY SERVICES, INC.<br>
    RBEX INC.<br>
    ROADONE, INC.<br>
    ROADONE EMPLOYEE SERVICES, INC.<br>
    ROAD ONE INSURANCE SERVICES, INC.<br>
    ROAD ONE SERVICE, INC.<br>
    ROAD ONE SPECIALIZED<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TRANSPORTATION, INC.<br>
    ROADONE TRANSPORTATION AND<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; LOGISTICS,
INC.<br>
    R.M.W.S., INC.<br>
    SANDY&rsquo;S AUTO &amp; TRUCK SERVICE, INC.<br>
    SAKSTRUP TOWING, INC.<br>
    SOUTHWEST TRANSPORT, INC.</font></b></td>
  </tr>
</table>

<p>&nbsp;</p>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="684">
  <tr>
    <td width="314">&nbsp;</td>
    <td width="370"><b><font size="3" face="Times New Roman">SUBURBAN WRECKER SERVICE, INC.<br>
    TED&rsquo;S OF FAYVILLE, INC.<br>
    TEXAS TOWING CORPORATION<br>
    TPCTH, INC.<br>
    TREASURE COAST TOWING, INC.<br>
    TREASURE COAST TOWING OF MARTIN<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; COUNTY, INC.<br>
    TRUCK SALES &amp; SALVAGE CO., INC.<br>
    TWSX, INC.<br>
    WES&rsquo;S SERVICE INCORPORATED<br>
    WESTERN TOWING; MCCLURE/EARLEY<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ENTERPRISES, INC.<br>
    WILTSE TOWING, INC.<br>
    WTC, INC.<br>
    WTEX, INC.<br>
    ZEHNER TOWING &amp; RECOVERY, INC.</font></b><p><font size="3" face="Times New
Roman">By:&nbsp;
<u>/s/ J. Vincent Mish&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>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J. Vincent Mish<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size="3" face="Times New Roman">Vice President and Attorney-in-Fact of<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each entity listed above</font></p>

<p><b><font size="3" face="Times New Roman">&ldquo;ADMINISTRATIVE AGENT,<br>
SYNDICATION AGENT AND EXISTING<br>
TITLED COLLATERAL
AGENT&rdquo;</font></b></p>

<p><font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as the<br>
Administrative Agent, Syndication Agent and<br>
Existing Titled
Collateral Agent</font></p>

<p><font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ John Olsen&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>Name:&nbsp; <u>John Olsen&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>Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;Vice President&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></p>

    </td>
  </tr>
</table>

<p>&nbsp;</p>

<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="684">
  <tr>
    <td width="313">&nbsp;</td>
    <td width="371"><b><font size="3" face="Times New Roman">&ldquo;LETTER OF CREDIT ISSUER&rdquo;</font></b><p><font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as the letter of<br>
Credit Issuer</font></p>

<p><font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ John Olsen&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>Name:&nbsp; <u>John Olsen&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>Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;Vice President&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></p>

<p><b><font size="3" face="Times New Roman">&ldquo;COLLATERAL AGENT&rdquo;</font></b></p>

<p><font size="3" face="Times New Roman">THE CIT GROUP/BUSINESS CREDIT, INC.,<br>
as the Collateral Agent</font></p>

<p><font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;&nbsp;/s/ Kenneth B. Butler&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>Name:
<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kenneth B. Butler &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>Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;&nbsp;&nbsp;Vice President&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></p>

<p><b><font size="3" face="Times New Roman">&ldquo;LENDERS&rdquo;</font></b></p>

<p><font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as a Lender</font></p>

<p><font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ John Olsen&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>Name:&nbsp; <u>John Olsen&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>Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;Vice President&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></p>

<p><font size="3" face="Times New Roman">THE CIT GROUP/BUSINESS CREDIT, INC., as a<br>
Lender</font></p>

<p><font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;&nbsp;/s/ Kenneth B. Butler&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>Name:
<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kenneth B. Butler &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>Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;&nbsp;&nbsp;Vice President&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></p>

<p><font size="3" face="Times New Roman">FLEET CAPITAL CORPORATION, as a<br>
Lender</font></p>

<p><font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;&nbsp;/s/ Wes Manus&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>Name:
<u>&nbsp;&nbsp;&nbsp;Wes Manus&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>Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;&nbsp;&nbsp;VP&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;</u></font></p>

    </td>
  </tr>
</table>
<p>&nbsp;</p>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.86
<SEQUENCE>4
<FILENAME>fifthamendment.htm
<DESCRIPTION>FIFTH AMENDMENT TO CREDIT AGREEMENT
<TEXT>
<html>
<head>
<title>FIFTH AMENDMENT TO CREDIT AGREEMENT</title>
</head>
<body link="blue" vlink="purple">
<p align="left"><b>Exhibit 10.86</b></p>

<p align="left">&nbsp;</p>

<p align="center"><font size="3" face="Times New Roman"><b><u>FIFTH AMENDMENT TO CREDIT AGREEMENT</u></b></font></p>

<p>&nbsp;</p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; THIS FIFTH AMENDMENT TO
CREDIT AGREEMENT (the &ldquo;Amendment&rdquo;) is made and entered into as of this 28th day of February 2003, among MILLER
INDUSTRIES, INC., a Tennessee corporation (&ldquo;Parent&rdquo;), each of the other Subsidiaries of Parent listed on the signature
page hereto (together with Parent, collectively, &ldquo;Borrowers&rdquo;), the Lenders party to this Amendment (the
&ldquo;Lenders&rdquo;), THE CIT GROUP/BUSINESS CREDIT, INC., as Collateral Agent, and BANK OF AMERICA, N.A., as Administrative
Agent, Syndication Agent, Existing Titled Collateral Agent and Letter of Credit Issuer (in such capacity, together with the
Collateral Agent, the &ldquo;Agents&rdquo;).</font></p>

<p align="center"><u><font size="3" face="Times New Roman">W</font></u> <u>I</u> <u>T</u> <u>N</u> <u>E</u> <u>S</u> <u>S</u>
<u>E</u> <u>T</u> <u>H</u>:</p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WHEREAS, Borrowers, the
Lenders and the Agents entered into that certain Credit Agreement, dated as of July 23, 2001, pursuant to which the Lenders agreed
to make certain loans to Borrowers (as amended, modified, supplemented and restated from time to time, the &ldquo;Credit
Agreement&rdquo;); and</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WHEREAS, the Borrowers,
the Lenders and the Agents desire to make certain amendments to the Credit Agreement on the terms and conditions set forth
herein.</font></p>

<p><font size="3" face="Times New Roman"></font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NOW, THEREFORE, in
consideration of the foregoing premises, and other good and valuable consideration, the receipt and legal sufficiency of which is
hereby acknowledged, the parties hereto hereby agree as follows:</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All capitalized terms used herein and not otherwise expressly defined herein
shall have the respective meanings given to such terms in the Credit Agreement.</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annex A to the Credit Agreement shall
be amended by amending the text of subsection (c)(ii)(C) of the definition of Miller Borrowing Base by deleting the date
&ldquo;February 28, 2003&rdquo; and inserting in lieu thereof the date &ldquo;March 31, 2003.&rdquo;</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annex A to the Credit Agreement shall be amended by amending the definition of
Maximum RoadOne Revolver Amount by:</font></p>

<p><font size="3" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending the text of subsection (b)(iv) by deleting the text &ldquo;February 28,
2003,&rdquo; inserting in lieu thereof the text &ldquo;March 31, 2003, and&rdquo;</font></p>

<p><font size="3" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font size="3" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; deleting the text of subsection (b)(v) in
its entirety.</font></p>

<p><font size="3" color="black" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Representations,
Warranties and Covenants of Borrowers</u>. To induce Agent and Lenders to enter into this Amendment, each Borrower hereby
represents, warrants and covenants to Agents and Lenders that,</font></p>

<p style="margin-left: 60"><font size="3" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size="3" color="black" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; as of the date hereof, and
after giving effect to the terms hereof, there exists no Default or Event of Default under the Credit Agreement or any of the other
Loan Documents,</font></p>

  <hr size="3" color="#000080">
  <div STYLE="page-break-before: always">
    &nbsp;
  </div>

<p style="margin-left: 60"><font size="3" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size="3" color="black" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; each representation and
warranty made or deemed to be made in this Amendment and in the Loan Documents is true and correct on and as of the date of this
Amendment (except to the extent that any such representation or warranty relates to a prior specific date or period) and Borrowers
hereby reaffirm each of the agreements, covenants and undertakings set forth in the Loan Documents and in each and every other
agreement, instrument and other document executed in connection therewith or pursuant thereto as if Borrowers were making said
agreements, covenants and undertakings on the date hereof,</font></p>

<p style="margin-left: 60"><font size="3" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size="3" color="black" face="Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; each Borrower has the power
and is duly authorized to enter into, deliver and perform this Amendment and</font></p>

<p style="margin-left: 60"><font size="3" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size="3" color="black" face="Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; this Amendment and each of the
Loan Documents is the legal, valid and binding obligation of each Borrower enforceable against it in accordance with its
terms.</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font size="3" color="black" face="Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>Counterparts</u>.&nbsp; This Amendment may be executed in any number of counterparts and by different parties hereto in separate
counterparts, each of which, when so executed and delivered, shall be deemed to be an original and all of which counterparts, taken
together, shall constitute but one and the same instrument.&nbsp;</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Governing Law</u>.&nbsp; This Amendment shall be governed by, and construed
in accordance with, the laws of, and the decisions of the courts in, the State of Georgia.</font></p>

<p align="center"><font size="3" face="Times New Roman">[Signature Page Follows]</font></p>

<font size="3" face="Times New Roman"><br clear="all" />
</font>

  <hr size="3" color="#000080">
  <div STYLE="page-break-before: always">
    &nbsp;
  </div>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font size="3" face="Times New Roman">&nbsp;IN WITNESS WHEREOF,
Borrowers, the Agents and the Lenders have caused this Amendment to be duly executed, all as of the date first above
written.</font></p>

<p><font size="3" face="Times New
Roman">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b>&ldquo;PARENT&rdquo;</b></font></p>

<p><b><font size="3" face="Times New
Roman">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
MILLER INDUSTRIES, INC.</font></b></p>

<p><font size="3" face="Times New
Roman">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ J. Vincent Mish&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>&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;&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;
J. Vincent Mish<br>
</font>&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;&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;
<font size="3" face="Times New Roman">Chief Financial Officer</font></p>

<p><font size="3" face="Times New
Roman">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b>&ldquo;SUBSIDIARY MILLER BORROWERS&rdquo;</b></font></p>

<p><font size="3" face="Times New
Roman">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b>APACO, INC.<br>
</b></font><b><font size="3" face="Times New
Roman">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
B&amp;B ASSOCIATED INDUSTRIES, INC.<br>
&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
CHEVRON, INC.<br>
&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
CENTURY HOLDINGS, INC.<br>
&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
CHAMPION CARRIER CORPORATION<br>
&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
COMPETITION WHEELIFT, INC.<br>
&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font size="3" face="Times New Roman">GOLDEN WEST TOWING EQUIPMENT<br>
</font><font size="3" face="Times New Roman">&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;&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; INC.<br>
&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
KING AUTOMOTIVE &amp;
INDUSTRIAL<br>
</font></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;&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;
<font size="3" face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
EQUIPMENT, INC.<br>
</b></font><font size="3" face="Times New Roman"><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;&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;
MID AMERICA WRECKER &amp;<br>
&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;&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;
EQUIPMENT SALES, INC. OF&nbsp;<br>
</b></font>&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;<b><font size="3" face="Times New Roman">&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;</font></b> <b><font size="3" face="Times New Roman">COLORADO<br>
</font></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;&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;
<font size="3" face="Times New Roman"><b>MILLER FINANCIAL SERVICES GROUP,<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>MILLER/GREENEVILLE, INC.<br>
&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;&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></font><font size="3" face="Times New Roman"><b>MILLER INDUSTRIES DISTRIBUTING,<br>
</b></font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font size="3" face="Times New Roman"><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;&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; INC.<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>MILLER INDUSTRIES INTERNATIONAL,<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>MILLER INDUSTRIES TOWING<br>
</b></font>&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;<b><font size="3" face="Times New Roman">&nbsp;</font></b><font size="3" face="Times New Roman"><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; EQUIPMENT INC.<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>PURPOSE, INC.<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>SONOMA CIRCUITS, INC.<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>SOUTHERN WRECKER CENTER, INC.<br>
</b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b>SOUTHERN WRECKER SALES, INC.</b></font></p>

<p><font size="3" face="Times New
Roman">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ J. Vincent Mish&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>&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;&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;
J. Vincent Mish<br>
&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;&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;
</font><font size="3" face="Times New Roman">Vice President and Attorney-in-Fact of<br>
&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;&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;
each entity listed above</font></p>

<font size="3" face="Times New Roman"><br clear="all" />
</font>

  <hr size="3" color="#000080">
  <div STYLE="page-break-before: always">
    &nbsp;
  </div>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">&ldquo;SUBSIDIARY ROADONE BORROWERS&rdquo;</font></b></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">ACKERMAN WRECKER SERVICE, INC.<br>
</font></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;&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;
<b><font size="3" face="Times New Roman">AETEX, INC., f/k/a A-EXCELLENCE<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">TOWING CO.<br>
</font></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;&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;
<b><font size="3" face="Times New Roman">ALL AMERICAN TOWING SERVICES,<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">ALLIED GARDENS TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">ALLIED TOWING AND RECOVERY, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">A TO Z ENTERPRISES, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">B-G TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">BEAR TRANSPORTATION, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">BTRCX, INC. f/k/a BERT&rsquo;S TOWING<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
RECOVERY CORPORATION<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">BBSX, INC., f/k/a/ BOB BOLIN
SERVICES,<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">BASIEX, INC., f/k/a/ BOB&rsquo;S AUTO<br>
&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
SERVICE, INC.</font></b></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">BOB VINCENT AND SONS WRECKER<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b><font size="3" face="Times New Roman">SERVICE,
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">BRYRICH CORPORATION<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">BTRX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">CAL WEST TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">CARDINAL CENTRE ENTERPRISES, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">CBTX, INC., f/k/a/ CEDAR BLUFF 24<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;
HOUR TOWING,
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">CENTRAL VALLEY TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">CCASX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">CEX, INC., f/k/a CHAD&rsquo;S INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">CLEVELAND VEHICLE DETENTION<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
CENTER, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">D.A.
HANELINE, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">DVREX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">DICK&rsquo;S TOWING &amp; ROAD SERVICE, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">DOLLAR ENTERPRISES, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">DSX, INC., f/k/a DUGGER&rsquo;S SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">DURU, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">GARY&rsquo;S TOWING &amp; SALVAGE POOL,<br>
&nbsp;&nbsp; &nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;
INC.<br>
</font></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;&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;
<b><font size="3" face="Times New Roman">GOOD MECHANIC AUTO CO.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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><font size="3" face="Times New Roman">&nbsp;&nbsp;
OF RICHFIELD, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">GREAT AMERICA TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">GREG&rsquo;S TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">HTX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">KAUFF&rsquo;S INC.</font></b></p>

  <hr size="3" color="#000080">
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    &nbsp;
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<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">KAUFF&rsquo;S OF FT. PIERCE, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">KAUFF&rsquo;S OF MIAMI, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">KAUFF&rsquo;S OF PALMS BEACH, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">KEN&rsquo;S TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">LTSX, INC., f/k/a LAZER TOW SERVICES,<br>
&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">LASX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">LWKR, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">LINCOLN TOWING ENTERPRISES, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">MAEJO, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">MEL&rsquo;S ACQUISITION CORP.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">MGEX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">MSTEX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">MTSX INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">MURPHY&rsquo;S TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">P.A.T., INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">PEX, INC., f/k/a/ PIPES ENTERPRISES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">RMA ACQUISITION CORP.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">RRIC ACQUISITION CORP.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">RSX, INC., f/k/a RECOVERY SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">ROADONE, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">ROADONE EMPLOYEE SERVICES, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">ROAD ONE INSURANCE SERVICES, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">ROAD ONE SERVICE, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">ROAD ONE SPECIALIZED<br>
</font></b><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;
TRANSPORTATION, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">ROADONE TRANSPORTATION AND<br>
&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
LOGISTICS,
INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">R.M.W.S., INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">SOUTHWEST TRANSPORT, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">SUBURBAN WRECKER SERVICE, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">TEXAS TOWING CORPORATION<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">TPCTH, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">TREASURE COAST TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">TREASURE COAST TOWING OF MARTIN<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;
COUNTY, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">TRUCK SALES &amp; SALVAGE CO., INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">TWSX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">WSX, INC., f/k/a WES&rsquo;S SERVICE<br>
&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INCORPORATED<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">WESTERN TOWING; MCCLURE/EARLEY<br>
&nbsp;&nbsp;&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
ENTERPRISES, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">WILTSE TOWING, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">WTC, INC.</font></b></p>

  <hr size="3" color="#000080">
  <div STYLE="page-break-before: always">
    &nbsp;
  </div>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">WTEX, INC.<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">ZTRX, INC., f/k/a ZEHNER TOWING &amp;<br>
&nbsp;</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&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 size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
RECOVERY, INC.</font></b></p>

<p><b><font size="3" face="Times New Roman"></font></b></p>

<p><font size="3" face="Times New
Roman">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ J. Vincent Mish&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>&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;&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;
J. Vincent Mish<br>
</font><font size="3" face="Times New Roman">&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;&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;
Vice President and Attorney-in-Fact<br>
&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;&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;
of each entity listed above</font></p>

<p><font size="3" face="Times New Roman"></font></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">&ldquo;ADMINISTRATIVE AGENT,<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">SYNDICATION AGENT AND EXISTING<br>
</font></b><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"><b></b></font><b><font size="3" face="Times New Roman">TITLED COLLATERAL
AGENT&rdquo;</font></b></p>

<p><font size="3" face="Times New Roman"></font></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as the<br>
<b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Administrative Agent, Syndication Agent and<br>
<b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Existing Titled
Collateral Agent</font></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ John Olsen&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></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">Name:&nbsp; <u>John Olsen&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></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;Vice President&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></p>

<font size="3" face="Times New Roman"><br clear="all" />
</font>

  <hr size="3" color="#000080">
  <div STYLE="page-break-before: always">
    &nbsp;
  </div>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"></font><b><font size="3" face="Times New Roman">&ldquo;LETTER OF CREDIT ISSUER&rdquo;</font></b></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as the letter of<br>
<b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Credit Issuer</font></p>

<p>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ John Olsen&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></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">Name:&nbsp; <u>John Olsen&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></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;Vice President&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></p>

<p><b><font size="3" face="Times New Roman"></font></b></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman"></font><b><font size="3" face="Times New Roman">&ldquo;COLLATERAL AGENT&rdquo;</font></b></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">THE CIT GROUP/BUSINESS CREDIT, INC.,<br>
<b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">as the Collateral Agent</font></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;&nbsp;&nbsp;/s/ Kenneth B. Butler&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></font><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Name:&nbsp; Kenneth B. Butler<br>
</font><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp;&nbsp; Vice President</font></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<b><font size="3" face="Times New Roman">&ldquo;LENDERS&rdquo;</font></b></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as a Lender</font></p>

<p>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>/s/ John Olsen&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></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">Name:&nbsp; <u>John Olsen&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></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;Vice President&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></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">THE CIT GROUP/BUSINESS CREDIT, INC.,<br>
</font><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">as a Lender</font></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>&nbsp;&nbsp;/s/
Kenneth B. Butler&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
</u></font><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Name:&nbsp; Kenneth B. Butler<br>
</font><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp;&nbsp; Vice President</font></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">FLEET CAPITAL CORPORATION,<br>
<b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">as a Lender</font></p>

<p><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;&nbsp;/s/ Wes Manus&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></font><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Name:&nbsp; Wes Manus<u><br>
</u></font><font size="3" face="Times New Roman"><b></b></font>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<font size="3" face="Times New Roman">Title:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; VP</font></p>

<p><font size="3" face="Times New Roman"></font></p>

<p><b><font size="3" face="Times New Roman"></font></b></p>
</body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.87
<SEQUENCE>5
<FILENAME>sixthamendment.htm
<DESCRIPTION>SIXTH AMENDMENT TO CREDIT AGREEMENT
<TEXT>
<html>

<head><meta content="text/html; charset=iso-8859-1">
<title>SIXTH AMENDMENT TO CREDIT AGREEMENT</title>
</head>

<body >
<ul>
</ul>

<p align="left">
<b>Exhibit 10.87</b><p align="center">
<b><u>SIXTH AMENDMENT TO CREDIT AGREEMENT</u></b><p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS SIXTH AMENDMENT TO CREDIT
AGREEMENT (the &#8220;Amendment&#8221;) is made and entered into as of this 1st
day of April 2003, among MILLER INDUSTRIES, INC., a Tennessee corporation
(&#8220;Parent&#8221;), each of the other Subsidiaries of Parent listed on the
signature page hereto (together with Parent, collectively,
&#8220;Borrowers&#8221;), the Lenders party to this Amendment (the
&#8220;Lenders&#8221;), THE CIT GROUP/BUSINESS CREDIT, INC., as Collateral
Agent, and BANK OF AMERICA, N.A., as Administrative Agent, Syndication Agent,
Existing Titled Collateral Agent and Letter of Credit Issuer (in such capacity,
together with the Collateral Agent, the &#8220;Agents&#8221;).<p align="center">
<u>W</u> <u>I</u> <u>T</u> <u>N</u> <u>E</u> <u>S</u> <u>S</u> <u>E</u> <u>T</u>
<u>H</u>:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, Borrowers, the Lenders and
the Agents entered into that certain Credit Agreement, dated as of July 23,
2001, pursuant to which the Lenders agreed to make certain loans to Borrowers
(as amended, modified, supplemented and restated from time to time, the
&#8220;Credit Agreement&#8221;); and<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, Section 7.9(g) of the Credit
Agreement limits the ability of Borrowers to sell, assign or otherwise dispose
of all or any part of its property, and Parent desires to sell up to fifty
percent (50%) of the issued and outstanding capital stock of APACO, Inc. owned
by Parent and has requested the Lenders&#8217; consent to such sale; and<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, pursuant to Section 5.2(a) of
the Credit Agreement, the Borrowers are required to deliver to each Lender
certain audited Financial Statements not later than ninety (90) days after the
end of each Fiscal Year and Borrowers requested a one-month extension of such
ninety (90) day deadline with respect to the audited Financial Statements for
Fiscal Year 2002 (the &#8220;2002 Statements&#8221;); and<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, the Borrowers, the Lenders
and the Agents desire to make certain amendments to the Credit Agreement on the
terms and conditions set forth herein.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW, THEREFORE, in consideration of
the foregoing premises, and other good and valuable consideration, the receipt
and legal sufficiency of which is hereby acknowledged, the parties hereto hereby
agree as follows:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Definitions</u>.
All capitalized terms used herein and not otherwise expressly defined herein
shall have the respective meanings given to such terms in the Credit
Agreement.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A<u>mendments
to Credit Agreement</u>.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A new
Section 2.7 shall be added to the Credit Agreement as follows:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commencing
on May 1, 2003 and on the first business day of each month thereafter up to and
including March 1, 2004, to the extent that the amount of the Aggregate RoadOne
Revolver Outstandings is greater than zero on any of the dates listed below,
Borrowers agree to pay to Collateral Agent, for the account of the Lenders, in
accordance with their respective Pro Rata Shares, the respective amounts set
forth below opposite such dates:</p align="center">
<div align="center color="#000080" style="position:relative; left: -5">&nbsp;<hr size="3" color="#999999" STYLE="page-break-after: always"> &nbsp; </div><p>
</p>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="478">
  <tr>
    <td width="401">
<p style="margin-left:54"><u>Date:</u></td>
    <td width="77"><u>Amount:</u></td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">May 1, 2003</td>
      <td width="77">$10,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">June 1,
2003</td>
      <td width="77">$10,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">July 1, 2003</td>
      <td width="77">$20,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">August 1,
2003</td>
      <td width="77">$20,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">September 1, 2003</td>
      <td width="77">$20,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">October 1,
2003</td>
      <td width="77">$30,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">November 1, 2003</td>
      <td width="77">$30,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">December 1,
2003</td>
      <td width="77">$30,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">January 1, 2004</td>
      <td width="77">$40,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">February 1,
2004</td>
      <td width="77">$40,000</td>
    </tr>
    <tr>
      <td width="401">
      <p style="margin-left: 54">March 1, 2004</td>
      <td width="77">$40,000</td>
    </tr>
  </table>
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsection
(b) of Section 5.2 of the Credit Agreement shall be amended by deleting the last
sentence of such subsection and inserting in lieu thereof the following text:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, not later than forty-five
(45) days after the end of each fiscal quarter, the Borrowers shall deliver to
Collateral Agent a certificate signed by a Designated Financial Officer
certifying that all such monthly financial statements delivered by Borrowers
pursuant to this Section 5.2(b) during such fiscal quarter, have been prepared
in accordance with GAAP and present fairly the Consolidated Parties&#8217;
financial position as at the dates thereof and its results of operations for the
periods then ended, subject to the absence of footnotes, the fact that such
financial statements are not consolidated, and normal year-end adjustments.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
7.9 of the Credit Agreement shall be amended as follows, by:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;deleting
the word &#8220;and&#8221; at the end of subsection (g), and<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;inserting,
between the word &#8220;disposition&#8221; and the period at the end of
subsection (h), a comma and the following text:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and (i)  for the sale by Parent of not
more than fifty percent (50%) of all of the issued and outstanding capital stock
of APACO, Inc. owned by Parent, <u>provided</u>, <u>however</u>, that
Agent&#8217;s Liens in and to all of the issued and outstanding capital stock of
APACO, Inc. owned by Parent following such sale shall remain perfected at all
times and Borrowers shall, at Borrowers&#8217; expense, promptly execute,
acknowledge and deliver all such instruments and take all such action as the
Collateral Agent from time to time may reasonably request in order to ensure to
the Collateral Agent the continuation and benefits of the Liens in and to such
stock.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annex
A to the Credit Agreement shall be amended by amending the definition of
Eligible Inventory as follows:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;striking
the text of subsection (l) in its entirety, and </p align="center">
<div align="center" color="#000080" style="position:relative; left: -5">&nbsp;<hr size="3" color="#999999" STYLE="page-break-after: always"> &nbsp; </div><p>
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;designating
current subsections (m) and (n) as subsections (l) and (m), respectively.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annex
A to the Credit Agreement shall be amended by amending the definition of Maximum RoadOne Revolver Amount by: <p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amending
the text of subsection (b)(iv) by deleting the text &#8220;March 31,
2003,&#8221; inserting in lieu thereof the text &#8220;March 31, 2004,&#8221;,
and <p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;amending
the text of subsection (c) by deleting the text &#8220;March 31, 2003,&#8221;
inserting in lieu thereof the text &#8220;March 31, 2004&#8221;.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annex
A to the Credit Agreement shall be amended by amending the text of subsection
(c)(ii)(C) of the definition of Miller Borrowing Base by deleting the following
text in its entirety:  &#8220;on or before March 31, 2003 (and thereafter
$0)&#8221;.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annex
A to the Credit Agreement shall be amended by amending the definition of
&#8220;Used Inventory Taken in Trade&#8221; by inserting a semicolon and the
following text immediately following the word &#8220;Eligible
Inventory&#8221;:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>provided</u> <u>that</u> for
purposes of this definition, and in addition to but not in substitution for any
other eligibility requirement, any title certificates evidencing such Miller
Borrower&#8217;s ownership of such Used Inventory shall have been delivered,
free and clear of all Liens, except Collateral Agent&#8217;s Liens hereunder, to
Collateral Agent in order for such Used Inventory to be deemed Eligible
Inventory.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annex
A to the Credit Agreement shall be amended by amending the definition of
&#8220;Used Inventory Cap&#8221; by deleting the text thereof in its entirety
and inserting in lieu thereof the following:<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#8220;Used Inventory Cap&#8221; means
an amount equal to $2,700,000.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Limited
Modification</u>.  The Lenders hereby agree that the Borrowers may, but only
with respect to (i) the 2002 Statements, (ii) the related unqualified report of
independent certified public accounts required to be delivered pursuant to
Section 5.2(a) in connection with the 2002 Statements, (iii) the certificate of
independent certified public accounts required to be delivered pursuant to
Sections 5.2(c) in connection with the 2002 Statements, (iv) certificate of a
Designated Financial Officer required to be delivered pursuant to Section 5.2(e)
in connection with the 2002 Statements, deliver each such item described above
in clauses (i) through (iv), inclusive, of this Section 3 to the Collateral
Agent no later than April 30, 2003, and that such delivery, if timely under this
paragraph, shall not constitute a Default or Event of Default under the Credit
Agreement.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>No
Waiver of Rights</u>.  Except as expressly provided in the immediately preceding
paragraph, nothing contained herein shall be construed as a waiver of any of the
rights of the Collateral Agent or any of the Lenders under the Credit Agreement,
nor as evidencing any agreement or commitment as to any matter, except solely to
the extent expressly provided in this Amendment and then only in accordance with
all of the terms and conditions hereof.</p align="center">
<div align="center" color="#000080" style="position:relative; left: -5">&nbsp;<hr size="3" color="#999999" STYLE="page-break-after: always"> &nbsp; </div><p>
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Fees</u>.
Borrowers shall pay to Collateral Agent, for the benefit of itself and the
Lenders, a fee of $25,000 (the &#8220;<u>Amendment Fee</u>&#8221;) due and
payable upon the execution of this Amendment.  The Amendment Fee shall be fully
earned by Collateral Agent and Lenders when paid and shall not be subject to
refund or rebate.<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Representations,
Warranties and Covenants of Borrowers</u>. To induce Agent and Lenders to enter
into this Amendment, each Borrower hereby represents, warrants and covenants to
Agents and Lenders that,</p>
<p style="margin-left:54">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as of the
date hereof, and after giving effect to the terms hereof, there exists no
Default or Event of Default under the Credit Agreement or any of the other Loan
Documents, </p>
<p style="margin-left:54">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
representation and warranty made or deemed to be made in this Amendment and in
the Loan Documents is true and correct in all material respects on and as of the
date of this Amendment (except to the extent that any such representation or
warranty relates to a prior specific date or period) and Borrowers hereby
reaffirm each of the agreements, covenants and undertakings set forth in the
Loan Documents and in each and every other agreement, instrument and other
document executed in connection therewith or pursuant thereto as if Borrowers
were making said agreements, covenants and undertakings on the date hereof,
</p>
<p style="margin-left:54">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Borrower has the power and is duly authorized to enter into, deliver and perform
this Amendment and </p>
<p style="margin-left:54">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;this
Amendment and each of the Loan Documents is the legal, valid and binding
obligation of each Borrower enforceable against it in accordance with its terms.
</p>
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Counterparts</u>.
This Amendment may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which, when so executed and
delivered, shall be deemed to be an original and all of which counterparts,
taken together, shall constitute but one and the same instrument.  <p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Governing
Law</u>.  This Amendment shall be governed by, and construed in accordance with,
the laws of, and the decisions of the courts in, the State of
Georgia.<p align="center">
[Signature Page Follows]</p align="center">
<div align="center" color="#000080" style="position:relative; left: -5">&nbsp;<hr size="3" color="#999999" STYLE="page-break-after: always"> &nbsp; </div><p align="center">
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, Borrowers, the
Agents and the Lenders have caused this Amendment to be duly executed, all as of
the date first above written.</p>

  <table border=0 cellpadding=0 cellspacing =0 width="698" >
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&#8220;PARENT&#8221;</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>MILLER INDUSTRIES, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
By:<font size="3">&nbsp;
</font><font size="3" face="Times New
Roman">
<u>/s/ J. Vincent Mish&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></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J. Vincent Mish</p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer</p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&#8220;SUBSIDIARY MILLER BORROWERS&#8221;</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>APACO, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>B&amp;B ASSOCIATED INDUSTRIES, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>CHEVRON, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>CENTURY HOLDINGS, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>CHAMPION CARRIER CORPORATION</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>COMPETITION WHEELIFT, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>GOLDEN WEST TOWING EQUIPMENT</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>KING AUTOMOTIVE &amp; INDUSTRIAL</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b> EQUIPMENT, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>MID AMERICA WRECKER &amp; </b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQUIPMENT SALES, INC. OF </b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;COLORADO</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>MILLER FINANCIAL SERVICES GROUP,</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>MILLER/GREENEVILLE, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>MILLER INDUSTRIES DISTRIBUTING</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>MILLER INDUSTRIES INTERNATIONAL,</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>MILLER INDUSTRIES TOWING</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQUIPMENT INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p>
<b>PURPOSE, INC.</b></p>
</td>
</tr>
</table>
  <table border=0 cellpadding=0 cellspacing =0 width="700" >
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="327" colspan="1" rowspan="1" >
<p>
<b>SONOMA CIRCUITS, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="327" colspan="1" rowspan="1" >
<p>
<b>SOUTHERN WRECKER CENTER, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="327" colspan="1" rowspan="1" >
<p>
<b>SOUTHERN WRECKER SALES, INC.</b></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="327" colspan="1" rowspan="1" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="327" colspan="1" rowspan="1" >
<p>
By:<u>  /s/ J. Vincent
Mish&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></p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp; </td>
<td width="327" colspan="1" rowspan="1" >
<p>
J. Vincent Mish</p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="327" colspan="1" rowspan="1" >
<p>
Vice President and Attorney-in-Fact of </p>
</td>
</tr>
<tr valign="top">
<td width="373" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="327" colspan="1" rowspan="1" >
<p>
each entity listed above</p>
</td>
</tr>
</table>
<p>
&nbsp;</p align="center">
<div align="center" color="#000080" style="position:relative; left: -5"><hr size="3" color="#999999" STYLE="page-break-after: always"> </div>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111" width="697">
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>&#8220;SUBSIDIARY ROADONE BORROWERS&#8221;</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>AETEX, INC., f/k/a A-EXCELLENCE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOWING CO.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ALL AMERICAN TOWING
SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.</b></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ALLIED GARDENS TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ALLIED TOWING AND RECOVERY, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>A TO Z ENTERPRISES, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>B-G TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>BEAR TRANSPORTATION, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>BTRCX, INC. f/k/a BERT&#8217;S TOWING</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RECOVERY
CORPORATION</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>BBSX, INC., f/k/a/ BOB BOLIN SERVICES,</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>BASIEX, INC., f/k/a/ BOB&#8217;S AUTO </b> </p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SERVICE, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>BRYRICH CORPORATION</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>BTRX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>BVSWS, INC. (f/k/a BOB VINCENT AND
SONS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WRECKER SERVICE, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>CAL WEST TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>CARDINAL CENTRE ENTERPRISES, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>CBTX, INC., f/k/a/ CEDAR BLUFF 24</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HOUR TOWING,
INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>CENTRAL VALLEY TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>CCASX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>CEX, INC., f/k/a CHAD&#8217;S INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>CVDC, f/k/a CLEVELAND VEHICLE
DETENTION&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CENTER, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>D.A. HANELINE, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>DVREX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>DICK&#8217;S TOWING &amp; ROAD SERVICE, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>DOLLAR ENTERPRISES, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>DSX, INC., f/k/a DUGGER&#8217;S
SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.</b></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>DURU, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>GARY&#8217;S TOWING &amp; SALVAGE POOL,</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p align="left"><b>GMAR, INC., f/k/a GOOD MECHANIC<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AUTO CO.
OF RICHFIELD, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>GREAT AMERICA TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>GREG&#8217;S TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>HTX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="372" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>KAUFF&#8217;S INC.</b></p></td>
</tr>
</table>
<div align="center" color="#000080" style="position:relative; left: -5"><b>&nbsp;</b><hr size="3" color="#999999" STYLE="page-break-after: always">
  </div>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111" width="695">
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>KAUFF&#8217;S OF FT. PIERCE, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>KAUFF&#8217;S OF MIAMI, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>KAUFFS OF PALM BEACH, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>KEN&#8217;S TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>LTSX, INC., f/k/a LAZER TOW SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>LASX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>LWKR, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>LINCOLN TOWING ENTERPRISES, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>MAEJO, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>MEL&#8217;S ACQUISITION CORP.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>MGEX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>MSTEX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>MTSX INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>MURPHY&#8217;S TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>P.A.T., INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>PEX, INC., f/k/a/ PIPES ENTERPRISES,   INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>RMA ACQUISITION CORP.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>RRIC ACQUISITION CORP.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>RSX, INC., f/k/a RECOVERY SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ROADONE, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ROADONE EMPLOYEE SERVICES, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ROAD ONE INSURANCE SERVICES, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ROAD ONE SERVICE, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ROAD ONE SPECIALIZED</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p> <b>TRANSPORTATION, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>ROADONE TRANSPORTATION AND<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LOGISTICS,&nbsp;INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>R.M.W.S., INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>SWSX, INC. (f/k/a SUBURBAN
WRECKER<br>
&nbsp;&nbsp;&nbsp;&nbsp;SERVICE, INC.)</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>TEXAS TOWING CORPORATION</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>TPCTH, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>TREASURE COAST TOWING, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>TREASURE COAST TOWING OF MARTIN<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;COUNTY, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>TSSC, INC., f/k/a TRUCK SALES
&amp;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SALVAGE CO., INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>TWSX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>WSX, INC., f/k/a WES&#8217;S SERVICE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INCORPORATED</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>WESTERN TOWING;
MCCLURE/EARLEY<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ENTERPRISES, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="370" colspan="1" rowspan="1" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" >
<p><b>WTX, INC. (f/k/a WILTSE TOWING, INC.)</b></p></td>
</tr>
</table>
<p style="margin-left:54"></p><div align="center" color="#000080" style="position:relative; left: -5"><hr size="3" color="#999999" STYLE="page-break-after: always"> &nbsp; </div><p>
</p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111" width="694" height="852">
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p><b>WTC, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p><b>WTEX, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="38" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="38" >
<p><b>ZTRX, INC., f/k/a ZEHNER TOWING
&amp;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RECOVERY, INC.</b></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>
By:&nbsp;&nbsp;<font size="3" face="Times New
Roman">
<u>/s/ J. Vincent Mish&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></p>
</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J. Vincent Mish</p>
</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="38" >
<p>&nbsp;</p></td>
<td width="325" colspan="1" rowspan="1" height="38" >
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice
President and Attorney-in-Fact of<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each entity listed above</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="57" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="57" >
<p><b>&#8220;ADMINISTRATIVE AGENT,<br>
SYNDICATION AGENT AND
EXISTING<br>
TITLED COLLATERAL AGENT&#8221;</b></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="57" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="57" >
<p>BANK OF AMERICA, N.A., as the<br>
Administrative Agent,
Syndication Agent and<br>
Existing Titled Collateral Agent</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>By:&nbsp; <u>&nbsp; /s/ John Olsen&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;
</u></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>Name: John Olsen</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="16" >
</td>
<td width="325" colspan="1" rowspan="1" height="16" >
<p>Title:&nbsp; Vice President</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p><b>&#8220;LETTER OF CREDIT ISSUER&#8221;</b></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="38" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="38" >
<p>BANK OF AMERICA, N.A., as the<br>
letter of&nbsp;Credit
Issuer</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>By:&nbsp; <u>&nbsp; /s/ John Olsen&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;
</u></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>Name: John Olsen</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="16" >
<p>Title: Vice President</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p><b>&#8220;COLLATERAL AGENT&#8221;</b></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="38" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="38" >
<p>THE CIT GROUP/BUSINESS CREDIT, INC.,<br>
&nbsp;as the
Collateral Agent</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>By:&nbsp; <u>&nbsp; /s/ Kenneth B. Butler&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u></p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>Name:&nbsp;&nbsp; Kenneth B. Butler</p></td>
</tr>
<tr valign="top">
<td width="369" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>Title:&nbsp;&nbsp; Vice President</p></td>
</tr>
</table>
<p style="margin-left:54"></p><div align="center" color="#000080" style="position:relative; left: -5"><hr size="3" color="#999999" STYLE="page-break-after: always"> &nbsp; </div><p>
</p>
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111" width="693" height="435">
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="17" >
</td>
<td width="325" colspan="1" rowspan="1" height="17" >
<p><b>&#8220;LENDERS&#8221;</b></p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>BANK OF AMERICA, N.A., as a Lender</p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>By:&nbsp; <u>&nbsp; /s/ John Olsen&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;
</u></p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>Name: John Olsen</p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="16" >
<p>Title:&nbsp;&nbsp; Vice President</p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="38" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="38" >
<p>THE CIT GROUP/BUSINESS CREDIT, INC.,&nbsp;as a
Lender</p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>By:&nbsp; <u>/s/ Kenneth B. Butler&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></p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>Name:  Kenneth B. Butler</p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>Title:&nbsp;&nbsp;&nbsp; Vice President</p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>FLEET CAPITAL CORPORATION,&nbsp;as a Lender</p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>By:&nbsp; <u>&nbsp;/s/ Wes Manus&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;
</u></p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="19" >
<p>Name: Wes Manus</p></td>
</tr>
<tr valign="top">
<td width="368" colspan="1" rowspan="1" height="19" >
&nbsp;</td>
<td width="325" colspan="1" rowspan="1" height="16" >
<p>Title: VP</p></td>
</tr>
</table>
<p>
</p>


</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>6
<FILENAME>ex21.htm
<DESCRIPTION>SUBSIDIARY LIST
<TEXT>

<head>
<title>Subsidiaries</title>
</head>

<html>
<body>

<p ALIGN="right"><b>Exhibit 21</b></p>
<b><u>
<p ALIGN="CENTER"><font face="Times New Roman" size="4">Subsidiaries</font></p>
</u></b>
<p ALIGN="LEFT">&nbsp;</p>
  <center>
<table BORDER="0" CELLSPACING="0" CELLPADDING="7" WIDTH="576">
  <tr>
    <td WIDTH="71%" VALIGN="TOP"><b><u>
      <p ALIGN="LEFT">Name of Entity</p>
      </u>
      <p ALIGN="LEFT"></b></td>
    <td WIDTH="29%" VALIGN="TOP"><b><u>
      <p ALIGN="CENTER">State of Incorporation</u></b></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">AETEX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">All American Towing Services, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Allied Gardens Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Allied Towing and Recovery, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">APACO, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">A to Z Enterprises, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">B&amp;B Associated Industries, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">B-G Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Bear Transportation, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">BTRX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">BTRCX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">BASIEX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">BBSX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">BVSWS, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Kentucky</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Bryrich Corporation</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Cal West Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Cardinal Centre Enterprises, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">California</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">CBTX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  </table>

<p align="center"><font size="2" face="Times New Roman">
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
  <table BORDER="0" CELLSPACING="0" CELLPADDING="7" WIDTH="576">
  <tr>
    <td WIDTH="71%" VALIGN="TOP"><b><u>
      <p ALIGN="LEFT">Name of Entity</p>
      </u>
      <p ALIGN="LEFT"></b></td>
    <td WIDTH="29%" VALIGN="TOP"><b><u>
      <p ALIGN="CENTER">State of Incorporation</u></b></td>
    </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Central Valley Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Century Holdings, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Tennessee</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">CEX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Champion Carrier Corporation</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Chevron, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Pennsylvania</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">CCASX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">CVDC, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Competition Wheelift, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">D.A. Haneline, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">DVREX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Texas</td>
  </tr>
 <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Dick&#146;s Towing &amp; Road Service, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Dollar Enterprises, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  </TABLE>
 <table BORDER="0" CELLSPACING="0" CELLPADDING="7" WIDTH="576">
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">DSX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">DuRu, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Export Enterprises, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Gary&#146;s Towing &amp; Salvage, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Golden West Towing Equipment Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">GMAR, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Great America Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Greg&#146;s Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
   </TABLE>

<p align="center"><font size="2" face="Times New Roman">-2-
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
  <p>&nbsp;</p>
 <table BORDER="0" CELLSPACING="0" CELLPADDING="7" WIDTH="576">
  <tr>
    <td WIDTH="71%" VALIGN="TOP"><b><u>
      <p ALIGN="LEFT">Name of Entity</p>
      </u>
      <p ALIGN="LEFT"></b></td>
    <td WIDTH="29%" VALIGN="TOP"><b><u>
      <p ALIGN="CENTER">State of Incorporation</u></b></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">HTX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Kauff&#146;s, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Kauff&#146;s of Ft. Pierce, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Florida</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Kauff&#146;s of Miami, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Florida</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Kauffs of Palm Beach, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Florida</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Ken&#146;s Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">King Automotive &amp; Industrial Equipment, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">LTSX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">LASX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">LWKR, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Lincoln Towing Enterprises, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Maejo, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Mid America Wrecker &amp; Equipment Sales, Inc. of
      Colorado</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Miller Financial Services Group, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Tennessee</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Miller/Greeneville, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Tennessee</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Miller Industries Distributing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Miller Industries International, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Tennessee</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Miller Industries Towing Equipment Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">MSTEX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">MTSX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">MGEX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
   </TABLE>
  <p><font face="Times New Roman" size="2">&nbsp;</font></p>

<p align="center"><font size="2" face="Times New Roman">-3-
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
  <p>&nbsp;</p>
 <table BORDER="0" CELLSPACING="0" CELLPADDING="7" WIDTH="576">
  <tr>
    <td WIDTH="71%" VALIGN="TOP"><b><u>
      <p ALIGN="LEFT">Name of Entity</p>
      </u>
      <p ALIGN="LEFT"></b></td>
    <td WIDTH="29%" VALIGN="TOP"><b><u>
      <p ALIGN="CENTER">State of Incorporation</u></b></td>
  </tr>
    <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Murphy&#146;s Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
    </tr>
   <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">P.A.T., Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">PEX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Purpose, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">RMA Acquisition Corp.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">RRIC Acquisition Corp.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">RSX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Road One, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">RoadOne Employee Services, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Road One Insurance Services, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Road One Service, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">RoadOne Specialized Transportation, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">RoadOne Transportation &amp; Logistics, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">R.M.W.S., Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Sonoma Circuits, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Southern Wrecker Center, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Southern Wrecker Sales, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
 </TABLE>
  <p>&nbsp;</p>

<p align="center"><font size="2" face="Times New Roman">-4-
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
  </center>

  <p>&nbsp;</p>
  <div align="center">
    <center>
 <table BORDER="0" CELLSPACING="0" CELLPADDING="7" WIDTH="576">
  <tr>
    <td WIDTH="71%" VALIGN="TOP"><b><u>
      <p ALIGN="LEFT">Name of Entity</p>
      </u>
      <p ALIGN="LEFT"></b></td>
    <td WIDTH="29%" VALIGN="TOP"><b><u>
      <p ALIGN="CENTER">State of Incorporation</u></b></td>
    </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">SWSX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Texas Towing Corporation</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">TWSX Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">TPCTH, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Treasure Coast Towing, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Treasure Coast Towing of Martin County, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Florida</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">TSSC, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">WTC, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">WSX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">Western Towing; McClure/Earley Enterprises, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">WTEX, Inc..</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">WTX, Inc.</td>
    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>
  </tr>
  <tr>


    <td WIDTH="71%" VALIGN="TOP">
      <p ALIGN="LEFT">ZTRX, Inc.</td>




    <td WIDTH="29%" VALIGN="TOP">
      <p ALIGN="CENTER">Delaware</td>



  </tr>
 </TABLE>
    </center>
    </div>
    <p ALIGN="CENTER">&nbsp;</p>
    <p ALIGN="CENTER">&nbsp;</p>
    <p ALIGN="CENTER">&nbsp;</p>
  <center>
  <p>&nbsp;</p>

<p align="center"><font size="2" face="Times New Roman">-5-
  </font>
  </center>

    <p>&nbsp;</p>

</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>7
<FILENAME>consent.htm
<DESCRIPTION>CONSENT OF PRICEWATERHOUSECOOPERS
<TEXT>
<html>
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<head><meta content="text/html; charset=iso-8859-1">
<title>CONSENT OF INDEPENDENT ACCOUNTANTS</title>
</head>

<body >
<ul>
</ul>

<p>
<b>Exhibit 23</b><p align="center">
<b>CONSENT OF INDEPENDENT ACCOUNTANTS</b><p>
We hereby consent to the incorporation by reference in the Registration
Statements on Form S-4 (File No. 333-34641) and Form S-8 (File No. 333-82282) of
Miller Industries, Inc. of our report dated April 11, 2003, except as to Notes
2 and 8 as to which the date is May 1, 2003 relating to the financial
statements and financial statement schedule of Miller Industries, Inc., which
appears in this Form 10-K.<tt><font face="Courier New" size="2"> </font></tt><p>
&nbsp;<p>
/s/ PricewaterhouseCoopers LLP<p>
Atlanta, Georgia <p>
May 20, 2003</p>


</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>8
<FILENAME>badgleycert.htm
<DESCRIPTION>CERTIFICATION
<TEXT>
<p align="center"><b>CERTIFICATION
<html>

<head>
<meta name="GENERATOR" content="Microsoft FrontPage 5.0">
<meta name="ProgId" content="FrontPage.Editor.Document">
<title>EXHIBIT 99</title>
</head>

<body>

</b>

</p>

<p align="right"><b>EXHIBIT 99.1</b></p>

<p align="center">&nbsp;</p>

<p align="center"><b><u><font size="2" face="Times New Roman">CERTIFICATION PURSUANT TO 18
U.S.C. SECTION 1350</font></u></b></p>

<p>&nbsp;</p>

<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I,
Jeffrey I. Badgley, President and Chief Executive&nbsp; Officer of Miller Industries, Inc. (the &ldquo;Company&rdquo;), certify, pursuant to
18 U.S.C. &sect; 1350 as adopted by &sect; 906 of the Sarbanes-Oxley Act of 2002, that:</font></p>

<blockquote>

<p><font size="2" face="Times New Roman">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the
Annual&nbsp; Report on Form 10-K of the Company
for the fiscal year ended December 31, 2002&nbsp; (the &ldquo;Report&rdquo;) fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934; and</font></p>

<p><font size="2" face="Times New Roman">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
the information contained in the Report fairly
presents, in all material respects, the financial condition and result of operations of the Company.</font></p>

</blockquote>

<p><font size="2" face="Times New Roman">Dated: May 22, 2003</font></p>

<table border="0" width="645" cellspacing="0" cellpadding="0">
  <tr>
    <td width="276"></td>
    <td width="353">

<p>&nbsp;</p>

<p><font size="2" face="Times New Roman"><u>&nbsp;&nbsp; /s/ Jeffrey I. Badgley&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>Jeffrey I. Badgley<br>
President and Chief Executive Officer</font></p>

    </td>
  </tr>
</table>

<font size="2" face="Times New Roman"><br clear="all" />
</font>

</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>9
<FILENAME>mishcert.htm
<DESCRIPTION>CERTIFICATION
<TEXT>

<head>
<meta name="GENERATOR" content="Microsoft FrontPage 5.0">
<meta name="ProgId" content="FrontPage.Editor.Document">
<title>EXHIBIT 99</title>
</head>


<body>

<p align="right"><b>EXHIBIT 99.2</b></p>

<p align="center"><b><u><font size="2" face="Times New Roman">CERTIFICATION PURSUANT TO 18
U.S.C. SECTION 1350</font></u></b></p>

<p>&nbsp;</p>

<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I, J. Vincent Mish,
Executive Vice President and Chief Financial Officer of Miller Industries, Inc. (the &ldquo;Company&rdquo;), certify, pursuant to
18 U.S.C. &sect; 1350 as adopted by &sect; 906 of the Sarbanes-Oxley Act of 2002, that:</font></p>

<blockquote>

<p><font size="2" face="Times New Roman">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the
Annual Report on Form 10-K of the Company
for the fiscal year ended December 31, 2002 (the &ldquo;Report&rdquo;) fully complies with the requirements of Section 13(a)
or 15(d) of the Securities Exchange Act of 1934; and</font></p>

<p><font size="2" face="Times New Roman">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
the information contained in the Report fairly
presents, in all material respects, the financial condition and result of operations of the Company.</font></p>

</blockquote>

<p><font size="2" face="Times New Roman">Dated: May 22, 2003</font></p>

<table border="0" width="645" cellspacing="0" cellpadding="0">
  <tr>
    <td width="276"></td>
    <td width="353">

<p>&nbsp;</p>

<p><font size="2" face="Times New Roman"><u>&nbsp;&nbsp; /s/ J. Vincent
Mish&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>J. Vincent Mish<br>
Executive Vice President and<br>
Chief Financial Officer</font></p>

    </td>
  </tr>
</table>

<font size="2" face="Times New Roman"><br clear="all" />
</font>

</body>

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<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>millerlogo.gif
<DESCRIPTION>LOGO
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</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>chart1.gif
<DESCRIPTION>PROXY CHART
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M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
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`
end

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
