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<SEC-DOCUMENT>0001107049-03-000545.txt : 20031119
<SEC-HEADER>0001107049-03-000545.hdr.sgml : 20031119
<ACCEPTANCE-DATETIME>20031119171540
ACCESSION NUMBER:		0001107049-03-000545
CONFORMED SUBMISSION TYPE:	10-Q
PUBLIC DOCUMENT COUNT:		11
CONFORMED PERIOD OF REPORT:	20030930
FILED AS OF DATE:		20031119

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-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14124
		FILM NUMBER:		031013627

	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-Q
<SEQUENCE>1
<FILENAME>miller930_10q.htm
<DESCRIPTION>QUARTERLY REPORT
<TEXT>
<html>
<head>
<title>Miller Industries, Inc. Quarterly Report</title>
</head>
<body link="blue" vlink="purple">
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p align="center"><b><font size="3" face="Times New Roman">SECURITIES AND EXCHANGE COMMISSION<br />
WASHINGTON, DC 20549</font></b></p>

<p align="center"><b><font size="4" face="Times New Roman">FORM 10-Q</font></b></p>

<p align="center"><font size="3" face="Times New Roman">QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)<br />
OF THE SECURITIES EXCHANGE ACT OF 1934<br />
For the quarterly period ended September 30, 2003<br />
Commission File No. 0-24298</font></p>

<p align="center"><b><font size="6" face="Times New Roman">MILLER INDUSTRIES, INC.<br />
</font></b><font size="3">(Exact name of registrant as specified in its charter)</font></p>

<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0" width="479">
<tr>
<td valign="top" width="236">
<p align="center"><b><font size="3" face="Times New Roman">Tennessee</font></b></p>
</td>
<td valign="top" width="243">
<p align="center"><b><font size="3" face="Times New Roman">62-1566286</font></b></p>
</td>
</tr>

<tr>
<td valign="top" width="236">
<p align="center"><font size="3" face="Times New Roman">(State or other jurisdiction of</font></p>
</td>
<td valign="top" width="243">
<p align="center"><font size="3" face="Times New Roman">(I.R.S. Employer Identification No.)</font></p>
</td>
</tr>

<tr>
<td valign="top" width="236">
<p align="center"><font size="3" face="Times New Roman">incorporation or organization)</font></p>
</td>
<td valign="top" width="243">
<p align="center"><font size="3" face="Times New Roman">&nbsp; </font></p>
</td>
</tr>

</table>
</div>

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

<div align="center">
<table border="0" cellspacing="0" cellpadding="0" width="445">
<tr>
<td valign="top" width="318">
<p align="center"><b><font size="3" face="Times New Roman">8503 Hilltop Drive</font></b></p>
</td>
<td valign="top" width="127">
<p align="center"><b><font size="3" face="Times New Roman">&nbsp; </font></b></p>
</td>
</tr>

<tr>
<td valign="top" width="318">
<p align="center"><b><font size="3" face="Times New Roman">Ooltewah, Tennessee</font></b></p>
</td>
<td valign="top" width="127">
<p align="center"><b><font size="3" face="Times New Roman">37363</font></b></p>
</td>
</tr>

<tr>
<td valign="top" width="318">
<p align="center"><font size="3" face="Times New Roman">(Address of principal executive offices)</font></p>
</td>
<td valign="top" width="127">
<p align="center"><font size="3" face="Times New Roman">(Zip Code)</font></p>
</td>
</tr>
</table>
</div>

<p><font size="2" face="Times New Roman">&nbsp;</font></p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0">
<tr>
<td valign="top">
<p align="center"><b><font size="3" face="Times New Roman">(423) 238-4171</font></b></p>
</td>
</tr>

<tr height="1">
<td height="1" valign="top" bgcolor="black"></td>
</tr>

<tr height="23">
<td height="23" valign="top">
<p align="center"><i><font size="3" face="Times New Roman">(Registrant's telephone number, including area code)</font></i></p>
</td>
</tr>
</table>
</div>

<p><font size="2" face="Times New Roman">&nbsp;</font></p>

<p><font size="2" face="Times New Roman">&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.</font></p>

<table border="0" cellspacing="0" cellpadding="0">
<tr>
<td valign="top">
<p align="center"><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">[X]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td>
<p><font size="2" face="Times New Roman">Yes</font></p>
</td>
<td>
<p align="center"><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td>
<p align="right"><font size="2" face="Times New Roman">[&nbsp;&nbsp;]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td>
<p><font size="2" face="Times New Roman">No</font></p>
</td>
</tr>
</table>

<p><b><font size="2" face="Times New Roman">(if applicable)</font></b></p>

<p><font size="2" face="Times New Roman">Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule
12b-2 of the Exchange Act).</font></p>

<table border="0" cellspacing="0" cellpadding="0">
<tr>
<td valign="top">
<p align="center"><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">[&nbsp;&nbsp;]</font></p>
</td>
<td>
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yes</font></p>
</td>
<td>
<p align="center"><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td>
<p align="right"><font size="2" face="Times New Roman">[X]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td>
<p><font size="2" face="Times New Roman">No</font></p>
</td>
</tr>
</table>

<p><font size="2" face="Times New Roman">&nbsp;The number of shares outstanding of the registrant's Common Stock, $.01 par value, as of
October&nbsp;31, 2003 was 9,341,436.</font></p>

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


<p align="center"><img border="0" src="millerlogo.gif" width="156" height="54"></p>

<h1 align="center"><b><font size="2" face="Times New Roman"><a name="INDEX">INDEX</a></font></b></h1>

<p><font size="2" face="Times New Roman"></font></p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0" width="693">
<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><b><font size="2" face="Times New Roman">PART I.</font></b></p>
</td>
<td colspan="3" valign="top" width="506">
<p><b><font size="2" face="Times New Roman">FINANCIAL INFORMATION</font></b></p>
</td>
<td valign="top" width="96">
<p align="center"><u><font size="2" face="Times New Roman">Page Number</font></u></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" 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;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">Item 1.</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">Financial Statements (Unaudited)</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman"><a href="#balance">Condensed Consolidated Balance Sheets</a> &ndash; September 30, 2003
and December&nbsp;31, 2002</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman"><br />
 3</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman"><a href="#operations">Condensed Consolidated Statements of Operations</a></font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">for the Three and Nine Months Ended September 30, 2003 and 2002</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">4</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman"><a href="#cashflows">Condensed Consolidated Statements of Cash Flows</a></font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">for the Nine Months Ended September 30, 2003 and 2002</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">5</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman"><a href="#notes">Notes to Condensed Consolidated Financial Statements</a></font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">6</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">Item 2.</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman"><a href="#mda">Management's Discussion and Analysis of Financial Condition<br />
 and Results of Operations</a></font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman"><br />
 15</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">Item 4.</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman"><a href="#controls">Controls and Procedures</a></font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">21</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><b><font size="2" face="Times New Roman">PART II.</font></b></p>
</td>
<td colspan="3" valign="top" width="506">
<p><b><font size="2" face="Times New Roman"><a href="#otherinformation">OTHER INFORMATION</a></font></b></p>
</td>
<td valign="top" width="96">
<p align="center"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" width="39"></td>
<td colspan="2" valign="top" width="467"></td>
<td valign="top" width="96">
<p align="center"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">Item 1.</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman"><a href="#legal">Legal Proceedings</a></font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">21</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39"></td>
<td colspan="2" valign="top" width="467"></td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">Item 6.</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman"><a href="#Exhibits">Exhibits and Reports on Form 8-K</a></font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">22</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="91">
<p><b><font size="2" face="Times New Roman">SIGNATURES</font></b></p>
</td>
<td valign="top" width="39">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="467">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="96">
<p align="center"><font size="2" face="Times New Roman">23</font></p>
</td>
</tr>
</table>
</div>

<font size="2" face="Times New Roman">
<p align="center">&nbsp;</p>
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p align="center"><b><font size="2" face="Times New Roman">PART I.&nbsp;&nbsp;</font></b> <b><font size="2">FINANCIAL
INFORMATION</font></b></p>

<p><b><font size="2" face="Times New Roman">Item</font></b>
<b><font size="2">1</font>.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Statements (Unaudited)</b></p>

<p align="center"><b><font size="2" face="Times New Roman">MILLER INDUSTRIES, INC. AND SUBSIDIARIES<br />
CONSOLIDATED <a name="balance">BALANCE</a> SHEETS</font></b></p>

<p align="center"><b><font size="2">(In thousands, except share data)<br />
(Unaudited)</font></b></p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0" width="630" style="border-collapse: collapse" bordercolor="#111111">
<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><b><font size="2" face="Times New Roman">September 30,<br />
 2003</font></b></p>
</td>
<td width="19">
<p><b><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="bottom" width="12">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><b><font size="2" face="Times New Roman">December 31,<br />
 2002</font></b></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12"><font size="2">&nbsp;</font></td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">ASSETS</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94"><font size="2">&nbsp;</font></td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" 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;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" 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;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">CURRENT ASSETS</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94"><font size="2">&nbsp;</font></td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94"><font size="2">&nbsp;</font></td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Cash and temporary investments</font></p>
</td>
<td valign="bottom" width="14">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">5,340&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">2,097&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Accounts receivable, net</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">39,805&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">46,616&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Inventories, net</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">29,604&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">27,815&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Prepaid expenses and other</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">1,443&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">748&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Current assets of discontinued operations held for sale</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">26,249&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">32,366&nbsp;</font></p>
</td>

</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="26">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="347">
<p><font size="2" face="Times New Roman">Total current assets</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">102,441&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">109,642&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94"></td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">PROPERTY, PLANT AND EQUIPMENT,</font></b> net</p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">21,608&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">23,121&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">GOODWILL,</font></b> net</p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">11,619&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">11,619&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">OTHER ASSETS,</font></b> net</p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">1,253&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">2,378&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">NONCURRENT ASSETS OF DISCONTINUED<br />
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPERATIONS HELD FOR SALE</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">7,483&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">15,417&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">144,404&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">162,177&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">LIABILITIES AND SHAREHOLDERS&rsquo; EQUITY</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="19">
<p style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">CURRENT LIABILITIES:</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Current portion of long-term obligations</font></p>
</td>
<td valign="bottom" width="14">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">32,510&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">35,244&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Accounts payable</font></p>
</td>
<td valign="bottom" width="14"><font size="2">&nbsp;</font></td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">33,702&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">25,213&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Accrued liabilities and other</font></p>
</td>
<td valign="bottom" width="14"><font size="2">&nbsp;</font></td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">4,107&nbsp;</font></p>
</td>
<td width="19"><font size="2">&nbsp;</font></td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">6,147&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Current liabilities of discontinued operations held for sale</font></p>
</td>
<td valign="bottom" width="14"><font size="2">&nbsp;</font></td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">38,778&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">53,212&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="26">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="347">
<p><font size="2" face="Times New Roman">Total current liabilities</font></p>
</td>
<td valign="bottom" width="14"><font size="2">&nbsp;</font></td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">109,097&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">119,816&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">LONG-TERM OBLIGATIONS,</font></b>
<font size="2">less current portion</font></p>
</td>
<td valign="bottom" width="14">
<p style="margin-top: 10"><font size="2">&nbsp;</font></td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">912&nbsp;</font></p>
</td>
<td width="19">
<p style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">1,214&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">NONCURRENT LIABILITIES OF DISCONTINUED<br />
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPERATIONS HELD FOR SALE</font></b></p>
</td>
<td valign="bottom" width="14"><font size="2">&nbsp;</font></td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">1,013&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">1,450&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">COMMITMENTS AND CONTINGENCIES</font></b><font size="2">
(Notes 7 and 9)</font></p>
</td>
<td valign="bottom" width="14">
<p align="center" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="center" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="19">
<p align="center" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="center" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="center" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top" width="397">
<p><b><font size="2" face="Times New Roman">SHAREHOLDERS&rsquo; EQUITY:</font></b></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="19">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Preferred stock, $.01 par value; 5,000,000 shares authorized,<br />
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;none issued or outstanding</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">0&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">0&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Common stock, $.01 par value; 100,000,000 shares authorized,<br />
 9,341,436 shares issued and outstanding at September 30, 2003 and December 31, 2002, respectively</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">93&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">93&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Additional paid-in capital</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">145,088&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">145,088&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Accumulated deficit</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">(111,677)</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94">
<p align="right"><font size="2" face="Times New Roman">(103,790)</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">Accumulated other comprehensive loss</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(122)</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(1,694)</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="26">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="347">
<p><font size="2" face="Times New Roman">Total shareholders&rsquo; equity</font></p>
</td>
<td valign="bottom" width="14">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">33,382&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">39,697&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top" width="24">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="373">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="14">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">144,404&nbsp;</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="12">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="94" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">162,177&nbsp;</font></p>
</td>
</tr>
</table>
</div>

<p align="center"><font size="2" face="Times New Roman">The accompanying notes are an integral part of these condensed consolidated
balance sheets</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 align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p align="center"><b><font size="2" face="Times New Roman">MILLER INDUSTRIES, INC. AND SUBSIDIARIES<br />
CONSOLIDATED STATEMENTS OF <a name="operations">OPERATIONS</a></font></b></p>



<p align="center"><b><font size="2" face="Times New Roman">(In thousands, except per share data)<br />
(Unaudited)</font></b></p>

<div align="center">
  <center>

<table border="0" cellspacing="0" cellpadding="0" width="643" style="border-collapse: collapse" bordercolor="#111111">
<tr>
<td colspan="4" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="5" valign="top" style="border-bottom-style: solid; border-bottom-width: medium">
<p align="center"><b><font size="2" face="Times New Roman">Three Months Ended<br />
 September 30,</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: medium">
<p align="center"><b><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td colspan="5" valign="top" style="border-bottom-style: solid; border-bottom-width: medium">
<p align="center"><b><font size="2" face="Times New Roman">Nine Months Ended<br />
 September 30,</font></b></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="center"><b><font size="2" face="Times New Roman">2003</font></b></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="right"><font face="Times New Roman" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="center"><font size="2" face="Times New Roman">2002</font></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="center"><b><font size="2" face="Times New Roman">2003</font></b></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: none; border-top-width: medium; border-bottom-style: solid; border-bottom-width: medium">
<p align="center"><font size="2" face="Times New Roman">2002</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">NET SALES:</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Towing and Recovery Equipment</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">50,321&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">47,771&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">142,225&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">149,735&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Towing Services</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">7,005&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">13,952&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">21,655&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><b><font size="2" face="Times New Roman">50,321&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><font size="2" face="Times New Roman">54,776&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><b><font size="2" face="Times New Roman">156,177&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1">
<p align="right"><font size="2" face="Times New Roman">171,390&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">COSTS AND EXPENSES:</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><b><font size="2" face="Times New Roman">Costs of operations</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top"><font size="2">&nbsp;</font></td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Towing and Recovery Equipment</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">44,611&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">41,376&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">123,660&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">128,784&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Towing Services</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">5,880&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">10,618&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">17,078&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">44,611&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">47,256&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">134,278&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">145,862&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top"><font size="2">&nbsp;</font></td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Selling, general and administrative expenses</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">4,271&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">5,454&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">13,250&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">15,617&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Interest expense, net</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">3,347&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">607&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">4,786&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">2,476&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Loss on disposition</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">682&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Total costs and expenses</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">52,229&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">53,317&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">152,996&nbsp;</font></b></p>
</td>

<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">163,955&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">INCOME (LOSS) FROM CONTINUING OPERATIONS</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top"><font size="2">&nbsp;</font></td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><b><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BEFORE INCOME
TAXES</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(1,908)</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">1,459&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">3,181&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">7,435&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><b><font size="2" face="Times New Roman">INCOME TAX PROVISION</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">82&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">610&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">1,785&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">2,930&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><b><font size="2" face="Times New Roman">INCOME (LOSS) FROM CONTINUING</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><b><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPERATIONS</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">(1,990)</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">849&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">1,396&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">4,505&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">DISCONTINUED OPERATIONS:</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top"><font size="2">&nbsp;</font></td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Loss from discontinued operations, before taxes</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(4,845)</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(2,242)</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(11,089)</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(8,317)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Income tax provision</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(431)</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">(1,806)</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(2,272)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Loss from discontinued operations</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">(4,845)</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">(1,811)</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">(9,283)</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">(6,045)</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">NET LOSS BEFORE CUMULATIVE EFFECT OF</font></b></p>
</td>
<td valign="top">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p style="margin-top: 10"><font size="2">&nbsp;</font></td>
<td valign="top">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p style="margin-top: 10"><font size="2">&nbsp;</font></td>
<td valign="top">
<p align="center" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right" style="margin-top: 10"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td colspan="3" valign="top">
<p><b><font size="2" face="Times New Roman">CHANGE IN ACCOUNTING PRINCIPLE:</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(6,835)</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(962)</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(7,887)</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(1,540)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">Cumulative effect of change in accounting principle</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(21,812)</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><b><font size="2" face="Times New Roman">NET LOSS</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">(6,835)</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">(962)</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">(7,887)</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">(23,352)</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><b><font size="2" face="Times New Roman">BASIC INCOME (LOSS) PER COMMON SHARE:</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Income (loss) from continuing operations</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(0.21)</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">0.09&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">0.15&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">0.49&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Loss from discontinued operations</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(0.52)</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(0.19)</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(0.99)</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(0.65)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Cumulative effect of change in accounting principle</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(2.34)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Basic income (loss) per common share</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">(0.73)</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">(0.10)</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">(0.84)</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">(2.50)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><b><font size="2" face="Times New Roman">DILUTED INCOME (LOSS) PER COMMON SHARE:</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Income (loss) from continuing operations</font></p>
</td>
<td valign="top">

<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(0.21)</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">0.09&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">0.15&nbsp;</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">0.49&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Loss from discontinued operations</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(0.52)</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(0.19)</font></p>
</td>
<td valign="top">

<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">(0.99)</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(0.65)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Cumulative effect of change in accounting principle</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><b><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(2.34)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Diluted income (loss) per common share</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">(0.73)</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">(0.10)</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<font size="2">&nbsp;</font></td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">(0.84)</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">(2.50)</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top">
<p><b><font size="2" face="Times New Roman">WEIGHTED AVERAGE SHARES OUTSTANDING:</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font size="2" face="Times New Roman">Basic</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">9,341&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">9,341&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">9,341&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">9,341&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top">
<p><font face="Times New Roman" size="2">Diluted</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">9,359&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">9,349&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><b><font size="2" face="Times New Roman">9,351&nbsp;</font></b></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">9,349&nbsp;</font></p>
</td>
</tr>
</table>

</center>
  </div>

<p align="center"><font size="2" face="Times New Roman">The accompanying notes are an integral part of these condensed consolidated
balance sheets</font></p>

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

<p align="center"><b><font size="2" face="Times New Roman">MILLER INDUSTRIES, INC. AND SUBSIDIARIES<br />
CONSOLIDATED STATEMENTS OF <a name="cashflows">CASH FLOWS</a><br />
(In thousands)<br />
(Unaudited)</font></b></p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse" bordercolor="#111111" width="646">
<tr>
<td colspan="4" valign="top" width="457"><font size="2">&nbsp;</font></td>
<td width="19"><font size="2">&nbsp;</font></td>
<td colspan="4" style="border-bottom-style: solid; border-bottom-width: 1" width="190">
<p align="center"><b><font size="2" face="Times New Roman">Nine Months Ended<br />
 September 30</font></b></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">&nbsp;</font></b></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="center"><b><font size="2" face="Times New Roman">2003</font></b></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="center"><b><font size="2" face="Times New Roman">2002</font></b></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" 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;</font></b></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="72">
<p><font size="2" 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;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="78">
<p><font size="2" 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;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">OPERATING ACTIVITIES</font></b></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="72">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="78">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="3" valign="top" width="441">
<p><font size="2" face="Times New Roman">Net loss</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;$</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">(7,887)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;$</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">(23,352)</font></p>
</td>
</tr>

<tr>
<td width="16"><font size="2">&nbsp;</font></td>
<td colspan="3" valign="top" width="441">
<p><font size="2" face="Times New Roman">Adjustments to reconcile net loss to net cash provided by operating activities</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72"><font size="2">&nbsp;</font></td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78"><font size="2">&nbsp;</font></td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Loss from discontinued operations</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">9,283&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">6,045&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Depreciation and amortization</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">5,843&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">4,454&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Provision for doubtful accounts</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">184&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">127&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Cumulative effect of change in accounting principle</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">21,812&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Loss on disposals of property, plant, and equipment</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">39&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">1&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16"><font size="2">&nbsp;</font></td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Loss on disposition of business</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">682&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Deferred income tax provision</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">3&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">4,904&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Paid in kind interest</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">213&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Proceeds from income tax refund</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">4,248&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Changes in operating assets and liabilities:</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72"><font size="2">&nbsp;</font></td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78"><font size="2">&nbsp;</font></td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="32">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="393">
<p><font size="2" face="Times New Roman">Accounts receivable</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">5,438&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">4,756&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="32">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="393">
<p><font size="2" face="Times New Roman">Inventories</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">(1,355)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">1,177&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="32">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="393">
<p><font size="2" face="Times New Roman">Prepaid expenses and other</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">(680)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">(658)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="32">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="393">
<p><font size="2" face="Times New Roman">Other assets</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">(18)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">(57)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="32">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="393">
<p><font size="2" face="Times New Roman">Accounts payable</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">8,094&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">1,309&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="32">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="393">
<p><font size="2" face="Times New Roman">Accrued liabilities and other</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">(2,274)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">(3,508)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash provided by operating activities from continuing operations</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">17,352&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">21,471&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash used in operating activities from discontinued operations</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">(8,709)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">(3,468)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash provided by operating activities</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">8,643&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">18,003&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">INVESTING ACTIVITIES</font></b></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="72">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="78">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Purchases of property, plant, and equipment</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">(1,072)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">(788)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Proceeds from sale of property, plant and equipment</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">41&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">43&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Proceeds from sale of business</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">3,645&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16"><font size="2">&nbsp;</font></td>
<td valign="top" width="16"><font size="2">&nbsp;</font></td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Payments received on notes receivables</font></p>
</td>
<td width="19" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2">&nbsp;</font></td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">767&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17" style="border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">47&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash provide by (used in) investing activities from<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;continuing operations</font></p>
</td>
<td width="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">3,381&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">(698)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash provided by investing activities from discontinued&nbsp; operations</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">3,547&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">6,218&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash provided by investing activities</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">6,928&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">5,520&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">FINANCING ACTIVITIES</font></b></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="72">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="78">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net borrowings (payments) under senior credit facility</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">(4,832)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">1,345</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Payments on long-term obligations</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">(2,111)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">(2,900)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Borrowings under long-term obligations</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">233&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">77&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Additions to deferred financing costs</font></p>
</td>
<td width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="72">
<p align="right"><font size="2" face="Times New Roman">(1,211)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" width="78">
<p align="right"><font size="2" face="Times New Roman">(1,415)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Termination of interest rate swap</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">73&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">(264)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash used in financing activities from continuing operations</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">(7,848)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">(3,157)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash used in financing activities from discontinued operations</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">(5,949)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">(21,044)</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Net cash used in financing activities</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style:solid; border-bottom-width:1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">(13,797)</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">(24,201)</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">EFFECT OF EXCHANGE RATE CHANGES ON CASH AND<br />
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TEMPORARY INVESTMENTS</font></b></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1; border-top-style:solid; border-top-width:1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman"><br>
1,180&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman"><br />
 358&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">NET CHANGE IN CASH AND TEMPORARY INVESTMENTS</font></b></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">2,954&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">(320)</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">CASH AND TEMPORARY INVESTMENTS, beginning of period</font></b></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman">2,097&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">9,863&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">CASH AND TEMPORARY INVESTMENTS,-DISCONTINUED<br />
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPERATIONS, beginning of period</font></b></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman"><br />
 1,752&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">CASH AND TEMPORARY INVESTMENTS-DISCONTINUED<br />
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPERATIONS, end of period</font></b></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right"><font size="2" face="Times New Roman"><br />
 1,463&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p style="margin-top: 10"><b><font size="2" face="Times New Roman">CASH AND TEMPORARY INVESTMENTS, end of period</font></b></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="19">
<p style="margin-top: 10"><font size="2" face="Times New Roman">$</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="72">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">5,340&nbsp;</font></p>
</td>
<td width="23">
<p style="margin-top: 10"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="17">
<p style="margin-top: 10"><font size="2" face="Times New Roman">$</font></p>
</td>
<td style="border-bottom-style: solid; border-bottom-width: 1" width="78">
<p align="right" style="margin-top: 10"><font size="2" face="Times New Roman">9,543&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="4" valign="top" width="457">
<p><b><font size="2" face="Times New Roman">SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION</font></b></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="19">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="72"><font size="2">&nbsp;</font></td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="17">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1" width="78"><font size="2">&nbsp;</font></td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Cash payments for interest</font></p>
</td>
<td style="border-bottom-style: double" width="19">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td style="border-bottom-style: double" width="72">
<p align="right"><font size="2" face="Times New Roman">4,056&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-bottom-style: double" width="17">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" style="border-bottom-style: double" width="78">
<p align="right"><font size="2" face="Times New Roman">5,552&nbsp;</font></p>
</td>
</tr>

<tr>
<td width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="16">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" width="425">
<p><font size="2" face="Times New Roman">Cash payments for income taxes</font></p>

</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" width="19">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" width="72">
<p align="right"><font size="2" face="Times New Roman">357&nbsp;</font></p>
</td>
<td width="23">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" width="17">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double" width="78">
<p align="right"><font size="2" face="Times New Roman">576</font></p>
</td>
</tr>
</table>
</div>

<p align="center"><font size="2" face="Times New Roman">The accompanying notes are an integral part of these condensed consolidated
balance sheets</font></p>

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

<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p align="center"><font size="2" face="Times New Roman">&nbsp;</font><b><font size="2" face="Times New Roman">MILLER INDUSTRIES, INC. AND SUBSIDIARIES<br />
</font></b><a name="notes"><b><font size="2">NOTES</font></b></a><font size="2">
</font> <b><font size="2">TO CONDENSED</font></b><font size="2"> </font> <b>
<font size=
"2">CONSOLIDATED FINANCIAL STATEMENTS<br />
(Unaudited)</font></b></p>

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

<p><font size="2" face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basis of Presentation</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">The condensed consolidated financial statements of Miller Industries, Inc. and
subsidiaries (the "Company") included herein have been prepared by the Company pursuant to the rules and regulations of the
Securities and Exchange Commission. &nbsp; Certain information and footnote disclosures normally included in annual financial
statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted
pursuant to such rules and regulations. &nbsp; Nevertheless, the Company believes that the disclosures are adequate to make the
financial information presented not misleading.&nbsp; In the opinion of management, the accompanying unaudited condensed
consolidated financial statements reflect all adjustments, which are of a normal recurring nature, to present fairly the Company's
financial position, results of operations and cash flows at the dates and for the periods presented.&nbsp; Cost of goods sold for
interim periods for certain entities in the towing and recovery equipment segment is determined based on estimated gross profit
rates.&nbsp; Interim results of operations are not necessarily indicative of results to be expected for the fiscal year.&nbsp;
These condensed consolidated financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for
the year ended December 31, 2002.</font></p>

<p><font size="2" face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Going Concern</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">At December 31, 2002 the Company&rsquo;s financial statements were 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.&nbsp; As more fully described below, subsequent to December 31, 2002, the Company <font color="black">was</font> in
default under its senior (&ldquo;Senior Credit Facility&rdquo;) and subordinated (&ldquo;Junior Credit Facility&rdquo;) credit
facility agreements, and its subordinated credit facility mature<font color="black">d</font> on July 23, 2003.&nbsp; 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<font color="black"> a</font> default.&nbsp; These circumstances raise substantial doubt about
the Company&rsquo;s ability to continue as a going concern.</font></p>

<p style="margin-left: 40"><font size="2" color="black" face="Times New Roman">On July 29, 2003, the junior lender agent gave a notice to the senior lender
agent of its intent to commence an enforcement action based upon the </font>
<font size="2" color="black">event</font><font size="2" color="black"> of default</font><font size="2">
</font>
<font size="2" color="black">for failure to repay the outstanding obligations under the Junior Credit
Facility on the maturity date thereof.&nbsp; Pursuant to the terms of the Intercreditor Agreement (defined below), the </font><font color="black">
<font
size="2">junior</font><font
size="2"> lender agent and the junior lenders are prevented from taking any enforcement action or
exercising any remedies against the Company, its subsidiaries or their respective assets in respect of such event of default during
a standstill period (&ldquo;Standstill Period&rdquo;) which will expire on the earlier of:&nbsp; (i)</font></font><font
size="2"> <font color=
"black">November 26, 2003 (the date which is 120 days</font> <font color="black">after the date that written notice was given by
the junior lender agent to the senior lender agent of its intent to commence an enforcement action as a result of the occurrence of
the Junior Credit Facility defaults), subject to extension by notice from senior lender agent to junior lender agent to</font>
<font color="black">April 24, 2004 (the date which is 270 days</font> <font color="black">
after the date that written notice was given by the junior lender agent to the
senior lender agent of its intent to commence an enforcement action as a result
of the occurrence of the Junior Credit Facility defaults); (ii) the acceleration
of the maturity of the obligations of the Company under the Senior Credit
Facility by the senior lender agent, and (iii) the </font>
<font face="Times New Roman">commencement</font><font color="black"> of any
bankruptcy, insolvency or similar proceeding against the Company or certain of
its subsidiaries.&nbsp;</font></font></p>

<p style="margin-left: 40"><font size="2" color="black" face="Times New Roman">On August 5, 2003, the senior agent gave a payment blockage notice to the
junior agent based upon certain events of default under Senior Credit Facility, thereby preventing the junior agent and junior
lenders from receiving any payments from the Company in respect of the Junior Credit Facility while such blockage notice remains in
effect.&nbsp; Pursuant to the terms of the Intercreditor Agreement (defined below), such payment blockage period will expire on the
earlier of (i) February 1, 2004 (the date which is 180 days after the date that such payment blockage notice was given), subject to
extension to May 1, 2004 (the date which is 270 days after the date that such payment blockage notice was given) if the Standstill
Period is extended from November 26, 2003 to April 24, 2004 at the election of the senior lender agent by notice to the junior
lender agent as described above, or (ii) the date that the Senior Credit Facility defaults giving rise to such payment blockage
notice have been cured or waived.&nbsp; An event of default has also occurred under the Junior Credit Facility and the Senior
Credit Facility as a result of the auditor&rsquo;s report for the Company&rsquo;s December 31, 2002 financial statements including
an explanatory paragraph that referred to uncertainty about the Company&rsquo;s ability to continue as a going concern for a
reasonable period of time.</font></p>

<p align="center"><font size="2" face="Times New Roman">&nbsp;6</p>

<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p style="margin-left: 40"><font size="2" color="black" face="Times New Roman">On October 31, 2003, the Company entered into a Forbearance Agreement with
the lenders and the senior lender agent under the Senior Credit Facility (the "Forbearance Agreement"), pursuant to which, among
other things, the senior lenders agreed to forbear from exercising any remedies in respect
of the defaults then existing under the
senior credit facility (collectively, the "Existing Senior  Facility Defaults") as a result of (i) the failure to timely
deliver financial statements for fiscal year 2002 and the failure to deliver a report of their independent certified public
accountants which is unqualified in any respect, as well as the event of default under the Senior Credit Facility as a result of
the event of default arising from such failure under the Junior Credit Facility; (ii) the failure to fulfill certain payment
obligations to the junior lenders under the Junior Credit Facility; and (iii) the failure to fulfill certain financial covenants in
the Junior Credit Facility for one or more of the fiscal quarters ending in fiscal year 2003, which failure would constitute an
event of default under the Senior Credit Facility.&nbsp; The forbearance period under the Forbearance Agreement (the "Forbearance
Period") expires on the earlier of (x) December 31, 2003, (y) the occurrence of certain bankruptcy type events in respect of
Company of any of its Subsidiaries, or (z) the failure of the Company or any of its Subsidiaries that are borrower parties under
the Senior Credit Facility to perform their obligations under the Senior Credit Facility or the Forbearance Agreement.&nbsp; Under
the Forbearance Agreement, the senior lenders and the senior lender agent do not waive their rights and remedies with respect to
the Existing Senior Facility Defaults, but agree to forbear from exercising rights and remedies with respect to the Existing Senior
Facility Defaults solely during the Forbearance Period.&nbsp; There can be no assurance that the senior lenders or the senior
lender agent under the Senior Credit Facility will agree to extend the date of the Forbearance Period upon the expiration thereof
or to waive any of the Existing Senior Facility Defaults.&nbsp; If the Existing Senior Facility Defaults are not waived, upon
expiration of the Forbearance Period, such events of default could result in the acceleration of the amounts due under the Senior
Credit Facility as well as other remedies.&nbsp; There is no assurance that the Company will be able to obtain such a waiver from
the senior lenders of the Existing Senior Facility Defaults.&nbsp; Further, the Company has not obtained any waiver from the junior
lenders in respect of certain events of default that have occurred under the Junior Credit Facility and there can be no assurance
that the Company will be able to obtain such a waiver from the junior lenders.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">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.&nbsp; The
Company&rsquo;s bank facilities are collaterized by liens on all of the Company&rsquo;s assets.&nbsp; 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.&nbsp;</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">On October 3, 2003, the Company entered into a letter agreement with a large financial
institution pursuant to which such lender confirmed its interest in providing up to $53 million of financing in order to refinance
the Senior Credit Facility and the Junior Credit Facility.&nbsp; The agreement does not constitute a commitment or undertaking by
such lender to provide financing, and is subject to completion of due diligence and various other conditions.&nbsp; The lender has
commenced its due diligence process and, if the transaction proceeds to closing, the Company anticipates the closing occurring by
year end 2003.&nbsp; If the Company were to be unsuccessful in its efforts to refinance the Credit Facilities, the Company might be
required to seek bankruptcy court or other protection from its creditors.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">Simultaneous with entering into the Forbearance Agreement on October 31, 2003, William G.
Miller, the Chairman of the Board and Co-CEO of the Company, made a $2 million loan to the Company as a part of the Senior Credit
Facility.&nbsp; The loan to the Company and Mr. Miller&rsquo;s participation in the Senior Credit Facility were effected by the
Seventh Amendment to the Credit Agreement and a Participation Agreement between Mr. Miller and the Senior Credit Facility
lenders.</font></p>

<p align="center"><font size="2" face="Times New Roman">&nbsp;7</p>

<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">The Company also is negotiating an agreement with the holders of all of the subordinated
notes issued under the Junior Credit Facility pursuant to which all obligations in excess of approximately $9.7 million arising
under such notes would be converted into shares of common stock of the Company.&nbsp; Such conversion would be at an exchange ratio
equal to the average closing prices of the Company&rsquo;s Common Stock during the fourth quarter of 2003.&nbsp; Such conversion
would occur simultaneously with and conditioned upon the closing of the proposed new credit facility described above.&nbsp; The
conversion of approximately 44% of such debt obligations is further conditioned upon approval of the shareholders of the Company
because this common stock would be issued to insiders of the Company.&nbsp;
There is no definitive agreement regarding this transaction at this time and
there can be no assurance that any such agreement will actually be entered into.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">As described in Note 3, in October 2002, the Company decided to sell all remaining towing
services operations.&nbsp; During the nine months ended September 30, 2003, the Company sold fifteen towing services locations and
other assets from towing services operations for proceeds of $6.4 million, which have been used to reduce the RoadOne
revolver.&nbsp; 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.&nbsp; The Company may  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.&nbsp;  Although the Company believes that it can manage the
wind down effectively, there can be no assurance that such will be the case.&nbsp; Even if the Company is able to manage the wind
down effectively, it may nevertheless have an adverse impact on the Company&rsquo;s results of operations.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">The Company received notification from the New York Stock Exchange (&ldquo;NYSE&rdquo;) on
June 26, 2003 that, based on market information and information in the Company&rsquo;s recent public filings, it is not in
compliance with the NYSE&rsquo;s continued listing standards.&nbsp; The NYSE requires shareholders&rsquo; equity of not less than
$50.0 million and a 30-day average market capitalization of $50.0 million.&nbsp; The Company&rsquo;s shareholders&rsquo; equity was
$40.7 million as of June 30, 2003 and was $33.4 as of September 30, 2003&nbsp; As of October 31, 2003, the Company had a 30-day
average market capitalization of $44.1 million.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">The Company has compiled a three-pronged plan for regaining compliance with the continued
listing standards.&nbsp; The Company&rsquo;s plan is to restructure the Company&rsquo;s bank facilities and rationalize the timing
of the Company&rsquo;s debt service, dispose of the Company&rsquo;s remaining RoadOne and distributor operations within the time
period specified and focus all of the Company&rsquo;s resources, manpower as well as financial, on returning the manufacturing
operations to their historically profitable levels.&nbsp; In September 2003, the Company was notified that the NYSE accepted its
plan to regain compliance with the NYSE continued listing standards related to shareholders' equity and market capitalization
within an eighteen month timeframe.&nbsp; During this timeframe, the Company will be subject to quarterly monitoring for compliance
by the NYSE.</font></p>

<p align="center"><font size="2" face="Times New Roman">&nbsp;8</p>

<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p><font size="2" face="Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discontinued Operations</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">During the fourth quarter of the year ended December 31, 2002, the Company&rsquo;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.&nbsp;</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">During the nine months ended September 30, 2003, the Company disposed of substantially all
of the assets in fifteen towing service markets, as well as assets remaining from other markets of its towing services
segment.&nbsp; Total proceeds from the sales were $6.4 million which included $6.2 million in cash and $0.2 million in notes
receivable.&nbsp; Losses on the sales of discontinued operations were $3.3 million.&nbsp; Subsequent to September 30, 2003, the
Company disposed of assets in the last remaining towing services market with proceeds of approximately $0.3 million.&nbsp; As of
October 31, 2003, there are miscellaneous assets remaining from previous towing market sales.&nbsp;</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">During the nine months ended September 30, 2003, the Company sold one distributor location
with total proceeds of approximately $1.9 million in cash and $0.8 million subordinated notes receivable.&nbsp; The Company has
entered into negotiations for the disposition of all of the eight remaining locations of the distribution group.&nbsp; As of
October 31, 2003, agreements for the disposition of two of the locations are being negotiated, and letters of intent are being
negotiated for three of the locations.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">In accordance with SFAS No. 144, &ldquo;Accounting for the Impairment or Disposal of
Long-Lived Assets&rdquo;, the assets for the towing services segment and the distribution group are considered a &ldquo;disposal
group&rdquo; and are no longer being depreciated.&nbsp; All assets and liabilities and results of operations associated with these
assets have been separately presented in the accompanying financial statements at September 30, 2003 and December&nbsp;31,
2002.&nbsp; 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.&nbsp; 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 style="margin-left: 40"><font size="2" face="Times New Roman">The results of</font><font size="2"> operations and loss on disposal
associated with certain towing services markets, which were sold in June 2003, have been reclassified from discontinued operations
to continuing operations given the Company's significant continuing involvement in the operations of the disposal components via a
consulting agreement and the Company's ongoing interest in the cash flows of the operations of the disposal components via a
long-term license agreement.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">The operating results for the discontinued operations of the towing services segment and
the distributor group for the three and nine months ended September 30, 2003 and 2002, were as follows (in thousands):</font></p>

<div align="center">
  <center>

<table border="0" cellspacing="0" cellpadding="0" width="686" style="border-collapse: collapse" bordercolor="#111111">
<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="8" valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Three Months Ended<br />
 September 30, 2003</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="8" valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Three Months Ended<br />
 September 30, 2002</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Dist.</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Towing</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Total</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Dist.</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Towing</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Total</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" 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;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Net Sales</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">18,168&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">644&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">18,812&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">22,015&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">25,799&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">47,814&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Operating income (loss)</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(5)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(540)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(545)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">208&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(678)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(470)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Loss from discontinued operations</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(1,196)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(3,649)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(4,845)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(977)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(834)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(1,811)</font></p>
</td>
</tr>
</table>

</center>
  </div>

<p><font size="2" face="Times New Roman"></font></p>

  <div align="center">
    <center>

<table border="0" cellspacing="0" cellpadding="0" width="686" style="border-collapse: collapse" bordercolor="#111111">
<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="8" valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Nine Months Ended<br />
 September 30, 2003</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="8" valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Nine Months Ended<br />
 September 30, 2002</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Dist.</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Towing</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Total</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Dist.</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Towing</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Total</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" 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;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Net Sales</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">49,868&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">8,161&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">58,029&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">65,553&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">79,896&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">145,449&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Operating income (loss)</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(102)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(2,147)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(2,249)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">25&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(3,664)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(3,639)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top"><font size="2">&nbsp;</font></td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top"><font size="2">&nbsp;</font></td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top"><font size="2">&nbsp;</font></td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top"><font size="2">&nbsp;</font></td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Loss from discontinued operations</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(3,254)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(6,029)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(9,283)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(2,743)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(3,302)</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">(6,045)</font></p>
</td>
</tr>
</table>

</center>
    </div>

<p align="center"><font face="Times New Roman" size="2">9<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">The following assets and liabilities are reclassified as held for sale at September 30,
2003 and December 31, 2002 (in thousands):</font></p>

    <div align="center">
      <center>

<table border="0" cellspacing="0" cellpadding="0" width="640" style="border-collapse: collapse" bordercolor="#111111">
<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="8" height="19" valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">September 30, 2003</font></p>
</td>
<td height="19" valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="8" height="19" valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">December 31, 2002</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style:solid; border-bottom-width:1">
<p align="center"><font size="2" face="Times New Roman">Dist.</font></p>
</td>
<td height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style:solid; border-bottom-width:1">
<p align="center"><font size="2" face="Times New Roman">Towing</font></p>
</td>
<td height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style:solid; border-bottom-width:1">
<p align="center"><font size="2" face="Times New Roman">Total</font></p>
</td>
<td height="19" valign="bottom">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style:solid; border-bottom-width:1">
<p align="center"><font size="2" face="Times New Roman">Dist.</font></p>
</td>
<td height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style:solid; border-bottom-width:1">
<p align="center"><font size="2" face="Times New Roman">Towing</font></p>
</td>
<td height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1; border-bottom-style:solid; border-bottom-width:1">
<p align="center"><font size="2" face="Times New Roman">Total</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" 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;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Cash and temporary investments</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">1,456</font></p>
</td>
<td height="19" valign="bottom">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">7</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">1,463</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">1,443</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">309</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$&nbsp;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">1,752</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Accounts receivable, net</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">4,361</font></p>
</td>
<td height="19" valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">1,814</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">6,175</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">2,604</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">4,894</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">7,498</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Inventories</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">15,803</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">15,803</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">19,559</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">19,559</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Prepaid expenses and other current<br />
 assets</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">325</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">2,483</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">2,808</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">170</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">3,387</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">3,557</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Current assets of discontinued<br />
 operations held for sale</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">21,945</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">4,304</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">26,249</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">23,776</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">8,590</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">32,366</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Property, plant and equipment</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">9</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">5,923</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">5,932</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">13,368</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">13,368</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Other long-term assets</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">1,551</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">1,551</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">2,049</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">2,049</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Noncurrent assets of discontinued<br />
 operations held for sale</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">9</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">7,474</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">7,483</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">15,417</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">15,417</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Current portion of long-term debt</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">11,063</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">3,190</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">14,253</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">12,632</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">11,484</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">24,116</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Accounts payable</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">3,762</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">8,179</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">11,941</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">5,710</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">7,841</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">13,551</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Accrued liabilities and other</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">5,094</font></p>
</td>
<td height="19" valign="bottom"><font size="2">&nbsp;</font></td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">7,490</font></p>
</td>
<td height="19" valign="bottom"><font size="2">&nbsp;</font></td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">12,584</font></p>
</td>
<td height="19" valign="bottom">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">4,169</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">11,376</font></p>
</td>
<td height="19" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">15,545</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<font size="2">&nbsp;</font></td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Current liabilities of discontinued<br />
 operations held for sale</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">19,919</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">18,859</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">38,778</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">22,511</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">30,701</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">53,212</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Long-term debt</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">1,013</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">1,013</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">1,450</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">1,450</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="2" height="19" valign="bottom" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr height="19">
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">Noncurrent liabilities of discontinued<br />
 operations held for sale</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">1,013</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">1,013</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p><font size="2" face="Times New Roman">$</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p><font size="2" face="Times New Roman">$&nbsp;</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">1,450</font></p>
</td>
<td height="19" valign="bottom">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p><font size="2" face="Times New Roman">$&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td height="19" valign="bottom" style="border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">1,450</font></p>
</td>
</tr>
</table>

</center>
</div>

<p>&nbsp;</p>

<p align="center"><font size="2" face="Times New Roman">10<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p><font size="2" face="Times New Roman">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Income (Loss) Per Share</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">Basic net income (loss) per share is computed by dividing net income (loss) by the
weighted average number of common shares outstanding.&nbsp; 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. &nbsp; Diluted net income
per share takes into consideration the assumed conversion of outstanding stock options resulting in 18,000 and 10,000 potential
dilutive common shares for the three months ended September&nbsp;30, 2003 and 2002, respectively, and 10,000 and 8,000 potential
dilutive common shares for the nine months ended September 30, 2003, and 2002.</font></p>

<p><font size="2" face="Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Inventories</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">Inventory costs include materials, labor and factory overhead.&nbsp; Inventories are
stated at the lower of cost or market, determined on a first-in, first-out basis.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">Inventories for continuing operations at September 30, 2003 and December 31, 2002
consisted of the following (in thousands):</font></p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0" width="424" style="border-collapse: collapse" bordercolor="#111111">
<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><b><font size="2" face="Times New Roman">September 30,<br />
 2003</font></b></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">December 31,<br />
 2002</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" 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;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" 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;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p><font size="2" 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;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Chassis</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">4,333</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">1,316</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Raw Materials</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">10,444</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">10,993</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Work in process</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">7,520</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">7,746</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Finished goods</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">7,307</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">7,760</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p align="right"><b><font size="2" face="Times New Roman">$</font></b></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">29,604</font></p>
</td>
<td valign="top">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1; border-bottom-style: double">
<p align="right"><font size="2" face="Times New Roman">27,815</font></p>
</td>
</tr>
</table>
</div>

<p><font size="2" face="Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Special Charges and Other
Expenses</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">The Company periodically reviews the carrying amount of the long-lived assets and goodwill
in both its towing services and towing equipment businesses to determine if those assets may be recoverable based upon the future
operating cash flows expected to be generated by those assets.&nbsp; The Company also reviewed the carrying values of goodwill
associated with certain investments within its towing and recovery equipment segment.&nbsp; This evaluation indicated that the
recorded amounts of goodwill for certain of these investments were not fully recoverable.&nbsp; 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 nine months ended September
30, 2002 as a cumulative effect of a change in accounting principle.&nbsp; Charges of $2,071,000 were recorded during the three
months ended September 30, 2003 to write-down the carrying value of certain long-lived assets in the towing services segment.&nbsp;
The related charges have been included in the loss from discontinued operations in the accompanying financial
statements.</font></p>

<p><font size="2" face="Times New Roman">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Obligations</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">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's
towing and recovery equipment segment and RoadOne segment, respectively. At September 30, 2003, $25.7 million and $2.3 million,
respectively, were outstanding under the towing and recovery equipment segment and RoadOne portions of the revolving credit
facility. In addition, $1.5 million was outstanding under the senior term loan, and $15.3 million was outstanding under the
subordinated secured facility.</font></p>

<p align="center"><font size="2" face="Times New Roman">11<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">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.&nbsp; Borrowings under the term loan are collateralized by the Company's property, plant, and
equipment.&nbsp; The Company is required to make monthly amortization payments on the term loan of $167,000.&nbsp; The Company
entered into a Seventh Amendment to Credit Agreement on October 31, 2003 (the "Seventh Amendment"), pursuant to which, among other
things, (i) the $167,000 amortization payment due on November 1, 2003 was extended until the termination date of the Senior Credit
Facility and (ii) the $167,000 amortization payment due on December 1, 2003 was deferred until December 31, 2003.&nbsp; The Senior
Credit Facility bears interest at the prime rate (as defined) plus 2.75%, subject to the rights of the senior lender agent or the
required lenders to charge a default rate equal to the prime rate (as defined) plus 4.75% during the continuance of any event of
default under the Senior Credit Facility, provided, however, that during the Forbearance Period (described above), the Senior
Credit Facility bears interest at the prime rate (as defined) pus 2.75% in accordance with the terms of the Forbearance
Agreement.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">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 style="margin-left: 40"><font size="2" color="black" face="Times New Roman">
The subordinated credit facility (&#147;Junior Credit
Facility&#148;)
is by its terms expressly subordinated only to the Senior Credit Facility.&nbsp;</font><font size="2">
</font> <font size="2" color="black">The Junior Credit
Facility matured and was due and payable on July 23, 2003, under which $15.3 million principal amount was outstanding at September
30, 2003.&nbsp; The Company has not yet repaid or refinanced the outstanding principal, fees and interest under the</font><font size="2">
</font> <font size="2" color="black">Junior Credit Facility.&nbsp; The</font><font size="2">
</font>
<font size="2" color="black">Company&rsquo;s failure to repay all outstanding principal, fees,
interest and any other amounts due and owing under the Junior Credit Facility on the maturity date constituted an event of default under the Junior Credit Facility and also
triggered an event of default under the Senior Credit
Facility cross-default provisions.&nbsp;</font><font size="2"> </font>
<font size="2" color="black">Pursuant to the terms of the Intercreditor Agreement
(defined below), the </font><font color="black"><font size="2">junior</font><font size="2"> lender agent and the junior lenders are prevented from taking
any enforcement action or exercising any remedies against the Company, its subsidiaries or their respective assets in respect of
such event of default during a standstill period (the &ldquo;Standstill Period&rdquo;) which will expire on the earlier of:&nbsp;
(i)</font></font><font size="2"> <font color="black">November 26, 2003 (the date which is 120 days</font> <font color="black">after the date that written
notice was given by the junior lender agent to the senior lender agent of its intent to commence an enforcement action as a result
of the occurrence of the Junior Credit Facility defaults), subject to extension by notice from senior lender agent to junior lender
agent to</font> <font color="black">April 24, 2004 (the date which is 270 days</font> <font color="black">after the date that
written notice was given by the junior lender agent to the senior lender agent of its intent to commence an enforcement action as a
result of the occurrence of the Junior Credit Facility defaults); (ii) the acceleration of the maturity of the obligations of the
Company under the 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.</font></font></p>

<p style="margin-left: 40"><font size="2" color="black" face="Times New Roman">On August 5, 2003, the senior agent gave a payment blockage notice to the
junior agent based upon certain events of default under the Senior Credit Facility, thereby preventing the junior agent and junior
lenders from receiving any payments from the Company in respect of the Junior Credit Facility while such blockage notice remains in
effect.&nbsp; Pursuant to the terms of the Intercreditor Agreement, such payment blockage period will expire on the earlier of (i)
February 1, 2004 (the date which is 180 days after the date that such payment blockage notice was given), subject to extension to
May 1, 2004 (the date which is 270 days after the date that such payment blockage notice was given) if the Standstill Period is
extended from November 26, 2003 to April 24, 2004 at the election of the senior lender agent by notice to the junior lender agent
as described above, or (ii) the date that the Senior Credit Facility defaults giving rise to such payment blockage notice have been
cured or waived.&nbsp; An event of default has also occurred under the Junior Credit Facility and the Senior Credit Facility as a
result of the auditor&rsquo;s report for the Company&rsquo;s December 31, 2002 financial statements including an explanatory
paragraph that referred to uncertainty about the Company&rsquo;s ability to continue as a going concern for a reasonable period of
time.</font></p>

<p align="center"><font size="2" face="Times New Roman">12<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p style="margin-left: 40"><font size="2" color="black" face="Times New Roman">On October 31, 2003, the Company entered into a Forbearance Agreement with
the lenders and the senior lender agent under the Senior Credit Facility (the "Forbearance Agreement"), pursuant to which, among
other things, the senior lenders agreed to forbear from exercising any remedies in respect of the defaults then existing under the
senior credit facility (collectively, the "Existing Senior  Facility Defaults") as a result of (i) the failure to timely
deliver financial statements for fiscal year 2002 and the failure to deliver a report of their independent certified public
accountants which is unqualified in any respect, as well as the event of default under the Senior Credit Facility caused by the
event of default arising from such failure under the Junior Credit Facility; (ii) the failure to fulfill certain payment
obligations to the junior lenders under the Junior Credit Facility; and (iii) the failure to fulfill certain financial covenants in
the Junior Credit Facility for one or more of the fiscal quarters ending in fiscal year 2003, which failure would constitute an
event of default under the Senior Credit Facility.&nbsp; The forbearance period under the Forbearance Agreement (the "Forbearance
Period") expires on the earlier of (x) December 31, 2003, (y) the occurrence of certain bankruptcy type events in respect of the
Company or any of its Subsidiaries, and (z) the failure of the Company or any of its Subsidiaries that are borrower parties under
the Senior Credit Facility to perform their obligations under the Senior Credit Facility or the Forbearance Agreement.&nbsp; Under
the Forbearance Agreement, the senior lenders and the senior lender agent do not waive their rights and remedies with respect to
the Existing Senior Facility Defaults, but agree to forbear from exercising rights and remedies with respect to the Existing Senior
Facility Defaults solely during the Forbearance Period.&nbsp; There can be no assurance that the senior lenders or the senior
lender agent under the Senior Credit Facility will agree to extend the date of the Forbearance Period upon the expiration thereof
or to waive any of the Existing Senior Facility Defaults.&nbsp; If the Existing Senior Facility Defaults are not waived, upon
expiration of the Forbearance Period, such events of default could result in the acceleration of the amounts due under the Senior
Credit Facility as well as other remedies.&nbsp; There is no assurance that the Company will be able to obtain such a waiver from
the senior lenders of the Existing Senior Facility Defaults.&nbsp; Further, the Company has not obtained any waiver from the junior
lenders in respect of certain events of default that have occurred under the Junior Credit Facility and there can be no assurance
that the Company will be able to obtain such a waiver from the junior lenders.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">Subsequent to April 1, 2003, the Company was in default under certain covenants under its
Senior and Junior Credit Facility agreements.&nbsp; Accordingly, amounts outstanding under these Facilities are presented as
current liabilities in the accompanying December 31, 2002 and September 30, 2003 consolidated balance sheets.&nbsp;</font><font size="2"> 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's bank facilities are collateralized by liens on all of the
Company'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 style="margin-left: 40"><font size="2" face="Times New Roman">On October 3, 2003, the Company entered into a letter agreement with a large financial
institution pursuant to which such lender confirmed its interest in providing up to $53 million of financing in order to refinance
the Senior Credit Facility and the Junior Credit Facility.&nbsp; The agreement does not constitute a commitment or undertaking by
such lender to provide financing, and is subject to completion of due diligence and various other conditions.&nbsp;The lender has commenced its due diligence process and, if
the transaction proceeds to closing, the Company anticipates the closing occurring by year end 2003.&nbsp; If the Company were to
be unsuccessful in its efforts to refinance the Credit Facilities, the Company might be required to seek bankruptcy court or other
protection from its creditors.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">Simultaneous</font><font size="2"> with entering into the Forbearance Agreement on October
31, 2003, William G. Miller, the Chairman of the Board and Co-CEO of the Company, made a $2 million loan to the Company as a part
of the Senior Credit Facility.&nbsp; The loan to the Company and Mr. Miller&rsquo;s participation in the Senior Credit Facility
were effected by the Seventh Amendment to the Credit Agreement and a Participation Agreement between Mr. Miller and the Senior
Credit Facility lenders.</font></p>

<p align="center"><font size="2" face="Times New Roman">13<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">The Company also is negotiating an agreement with the holders of all of the subordinated
notes issued under the Junior Credit Facility pursuant to which all obligations in excess of approximately $9.7 million arising
under such notes would be converted into shares of common stock of the Company.&nbsp; Such conversion would be at an exchange ratio
equal to the average closing prices of the Company&rsquo;s Common Stock during the fourth quarter of 2003.&nbsp; Such conversion
would occur simultaneously with and conditioned upon the closing of the proposed new credit facility described above.&nbsp; The
conversion of approximately 44% of such debt obligations is further conditioned upon approval of the shareholders of the Company
because this common stock would be issued to insiders of the Company.&nbsp;
There is no definitive agreement regarding this transaction at this time and
there can be no assurance that any such agreement will actually be entered into.</font></p>

<p><font size="2" face="Times New Roman">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-Based Compensation</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">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.&nbsp; There were no grants in the
nine months ended September 30, 2003 or 2002.</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">Had compensation cost for stock option grants been determined based on the fair value at
the grant dates consistent with the method prescribed by SFAS No. 123, the Company's net loss and net loss per share would have
been adjusted to the pro forma amounts indicated below:</font></p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0" width="598" style="border-collapse: collapse" bordercolor="#111111">
<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td colspan="6" valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Three Months Ended<br />
 September 30,</font></p>
</td>
<td colspan="5" valign="top" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="center"><font size="2" face="Times New Roman">Nine Months Ended<br />
 September 30,</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p style="margin-top: 10"><font size="2" 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;</font></p>
</td>
<td colspan="3" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center" style="margin-top: 10"><u><font size="2" face="Times New Roman">2003</font></u></p>
</td>
<td colspan="4" valign="top">
<p align="center" style="margin-top: 10"><u><font size="2" face="Times New Roman">2002</font></u></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center" style="margin-top: 10"><u><font size="2" face="Times New Roman">2003</font></u></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="center" style="margin-top: 10"><u><font size="2" face="Times New Roman">2002</font></u></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Net loss available to common stockholders, as<br />
 reported</font></p>
</td>
<td colspan="2" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td colspan="2" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(6,835)</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(962)</font></p>
</td>
<td colspan="2" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(7,887)</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(23,352)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Add:&nbsp; Stock-based employee compensation<br />
 &nbsp;&nbsp;&nbsp;&nbsp;expense included in reported net loss, net of<br />
 &nbsp;&nbsp;&nbsp;&nbsp;related tax effects</font></p>
</td>
<td colspan="4" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;</font></p>
</td>
<td colspan="2" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;</font></p>
</td>
<td colspan="3" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;</font></p>
</td>
<td colspan="2" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">&ndash;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Deduct:&nbsp; Total stock-based employee compensation<br />
 &nbsp;&nbsp;&nbsp;&nbsp;expense determined under fair value based method<br />
 &nbsp;&nbsp;&nbsp;&nbsp;for all awards, net of related tax effects</font></p>
</td>
<td colspan="4" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(55)</font></p>
</td>
<td colspan="2" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(29)</font></p>
</td>
<td colspan="3" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(211)</font></p>
</td>
<td colspan="2" valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1">
<p align="right"><font size="2" face="Times New Roman">(276)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Net loss available to common stockholders, pro forma</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td colspan="3" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">(6,890)</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">(991)</font></p>
</td>
<td colspan="2" valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">(8,098)</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="top" style="border-top-style: solid; border-top-width: 1">
<p align="right"><font size="2" face="Times New Roman">(23,628)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">Loss per common share:<br />
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic and diluted, as reported</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td colspan="3" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(0.73)</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(0.10)</font></p>
</td>
<td colspan="2" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(0.84)</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(2.50)</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic and diluted, pro forma</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td colspan="3" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(0.74)</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(0.11)</font></p>
</td>
<td colspan="2" valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(0.87)</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">$</font></p>
</td>
<td valign="bottom">
<p align="right"><font size="2" face="Times New Roman">(2.53)</font></p>
</td>
</tr>
</table>
</div>

<p><font size="2" face="Times New Roman">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commitments and Contingencies</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">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.&nbsp; 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.&nbsp; 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><font size="2" face="Times New Roman">10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income Taxes</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">At December 31, 2002, the Company recorded a full valuation allowance against its net
deferred tax asset from continuing and discontinuing operations totaling approximately $18.0 million.&nbsp; An additional $0.3
million of deferred tax assets and offsetting valuation allowance was recorded for the nine months ended September 30,
2003.</font></p>

<p align="center"><font size="2" face="Times New Roman">14<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p><font size="2" face="Times New Roman">11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Accounting Pronouncements</font></p>

<p style="margin-left: 40"><font size="2" face="Times New Roman">No new pronouncements have been or are to be adopted by the Company that are expected to
have a material impact on the Company&rsquo;s financial position, results of operations or cash flows.</font></p>

<p><b><font size="2" face="Times New Roman">Item 2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a name="mda">Management's</a> Discussion and
Analysis of Financial Condition<br />
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and Results of
Operations</font></b></p>

<p><b><i><font size="2" face="Times New Roman">Recent Developments</font></i></b></p>

<p><i><font size="2" face="Times New Roman">Going Concern</font></i></p>

<p><font size="2" face="Times New Roman">The Company&rsquo;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.&nbsp; 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 matured on July 23, 2003.&nbsp; 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.&nbsp; These circumstances raise substantial doubt about the Company&rsquo;s ability to continue as a going
concern without refinancing such credit facilities.</font></p>

<p><i><font size="2" face="Times New Roman">New York Stock Exchange Listing Standards</font></i></p>

<p><font size="2" face="Times New Roman">The Company received notification from the New York Stock Exchange (&ldquo;NYSE&rdquo;) on
June 26, 2003 that, based on market information and information in the Company&rsquo;s recent public filings, it is not in
compliance with the NYSE&rsquo;s continued listing standards.&nbsp; The NYSE requires shareholders&rsquo; equity of not less than
$50.0 million and a 30-day average market capitalization of $50.0 million.&nbsp; The Company&rsquo;s shareholders&rsquo; equity was
$40.7 million as of June 30, 2003 and was $33.4 as of September 30, 2003.&nbsp; As of October 31, 2003, the Company had a 30-day
average market capitalization of $44.1 million.</font></p>

<p><font size="2" face="Times New Roman">The Company has compiled a three-pronged plan for regaining compliance with the continued
listing standards.&nbsp; The Company&rsquo;s plan is to restructure the Company&rsquo;s bank facilities and rationalize the timing
of the Company&rsquo;s debt service, dispose of the Company&rsquo;s remaining RoadOne and distributor operations within the time
period specified and focus all of the Company&rsquo;s resources, manpower as well as financial, on returning the manufacturing
operations to their historically profitable levels.&nbsp; In September 2003, the Company was notified that the NYSE accepted its
plan to regain compliance with the NYSE's continued listing standards related to shareholders' equity and market capitalization
within an eighteen month timeframe.&nbsp; During this timeframe, the Company will be subject to quarterly monitoring for compliance
by the NYSE.</font></p>

<p><i><font size="2" face="Times New Roman">Discontinued Operations</font></i></p>

<p><font size="2" face="Times New Roman">During the year ended December 31, 2002, the Company'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 align="center"><font size="2" face="Times New Roman">15<hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p><b><i><font size="2" face="Times New Roman">Results of Operations--Three Months Ended September 30, 2003 Compared to Three
Months Ended September 30,&nbsp;2002</font></i></b></p>

<p><i><font size="2" face="Times New Roman">Continuing Operations</font></i></p>

<p><font size="2" face="Times New Roman">Net sales of towing and recovery equipment for the three months ended September 30, 2003,
increased 5.3% to $50.3 million from $47.8 million for the comparable period in 2002.&nbsp; Net sales increased primarily as a
result of improved demand at foreign manufacturing operations, offset by the domestic cost pressures facing its customers and
tightness of the current credit markets.&nbsp;</font></p>

<p><font size="2" face="Times New Roman">Costs of operations of towing and recovery equipment operations for the three months ended
September 30, 2003, increased 7.8% to $44.6 from $41.4 million for the comparable period in 2002, reflecting the aforementioned
increase in sales volume.&nbsp; Costs of operations increased as a percentage of net sales from 86.6% to 88.7% due to the fixed
cost impact of lower sales volume for domestic manufacturing.</font></p>

<p><font size="2" face="Times New Roman">Selling, general, and administrative expenses for the three months ended September 30,
2003, decreased to $4.3 million from $5.5 million for the three months ended September 30, 2002 reflecting the Company&rsquo;s
ongoing focus on operating cost control.</font></p>

<p><font size="2" face="Times New Roman">Net interest expense increased $2.7 million to $3.3 million for the three months ended
September&nbsp;30, 2003 from $0.6 million for the three months ended September 30, 2002 as a result of commitment fees charged in
conjunction with the maturity of the Junior Facility in July 2003.&nbsp; Also, during the three months ended September 30, 2003 the
Company wrote-off unamortized loan costs from the existing Senior Facility.</font></p>

<p><font size="2" face="Times New Roman">The provision for income taxes for continuing operations for the three months ended
September&nbsp;30, 2003 reflects the combined effective US federal and state tax rate of 38%, net of tax benefit related to the
Company&rsquo;s foreign tax liability.&nbsp; The provision for the three months ended September 30, 2002 reflects a similar
effective US federal and state rate, plus additional taxes on foreign income for the period.</font></p>

<p><i><font size="2" face="Times New Roman">Discontinued Operations</font></i></p>

<p><font size="2" face="Times New Roman">Net sales from discontinued operations decreased to $18.8 million for the three months
ended September 30, 2003 from $47.8 million for the three months ended September 30, 2002.&nbsp; Net sales of the distribution
group were $18.2 million for the three months ended September 30, 2003 compared to $22.0 million for the three months ended
September 30, 2002. Revenues for the distribution group were negatively impacted by cost pressures facing its customers and current
tightness in the credit markets.&nbsp; Additionally, revenues were negatively impacted by the disposition of one distribution
operation at the beginning of the quarter.&nbsp; Net sales for the towing and recovery services segment were $0.6 million for the
three months ended September 30, 2003 compared to $25.8 million for the three months ended September 30, 2002.&nbsp; Revenues of
the towing services segment decreased because of the ongoing sales of the market locations over the past two years.</font></p>

<p><font size="2" face="Times New Roman">Cost of sales as a percentage of net sales for the distribution group was 92.3% for the
three months ended September 30, 2003 compared to 91.0% for the three months ended September 30, 2002.&nbsp; The increase is
primarily the result of decreases in sales volume as explained above. Cost of sales for the towing services segment was 71.7% for
the three months ended September 30, 2003 compared to 84.8% for the three months ended September 30, 2002.&nbsp; This decrease
resulted from ongoing cost controls in the remaining towing services operations.</font></p>

<p><font size="2" face="Times New Roman">Selling, general and administrative expenses as a percentage of sales was 7.6% for the
distribution group and 112.1% for the towing services segment for the three months ended September 30, 2003 compared to 8.1% and
17.8% respectively, for the three months ended September 30, 2002.&nbsp;The
decrease for the distribution group reflected the Company's ongoing focus on
operating cost control.&nbsp;&nbsp; Increases
in percentage of sales for the towing services segment were primarily
the result of lower administrative expenses spread over a smaller revenue base,
as the Company continues to sell towing services locations.</font></p>

<p><font size="2" face="Times New Roman">Net interest expense of discontinued operations decreased $0.5 million from $1.7 million
for the three months ended September 30, 2002 to $1.2 million for the three months ended September 30, 2003 as a result of
decreased borrowings under the Company&rsquo;s RoadOne revolving credit facility.&nbsp;</font></p>

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<p><b><i><font size="2" face="Times New Roman">Results of Operations &#150; Nine
Months Ended September 30, 2003 Compared to Nine Months Ended September 30, 2002</font></i></b></p>

<p><i><font size="2" face="Times New Roman">Continuing Operations</font></i></p>

<p><font size="2" face="Times New Roman">Nets sales for towing and recovery equipment operations for the nine months ended
September&nbsp;30, 2003, decreased 5.0% to $142.2 million from $149.7 million for the comparable period in 2002.&nbsp; Net sales
deceased as demand for the Company&rsquo;s towing and recovery equipment continued to be negatively impacted by cost pressures
facing its customers and the tightness of the current credit markets.&nbsp; In addition, the war with Iraq during the nine months
had a negative impact on sales.</font></p>

<p><font size="2" face="Times New Roman">Cost of operations for towing and recovery equipment operations for the nine months ended
September 30, 2003, decreased to $123.7 million from $128.8 million for the nine months ended September 30, 2002, reflecting the
aforementioned decrease in sales volume.&nbsp; Cost of operations increased slightly as a percentage of net sales from 86.0% to
86.9%.</font></p>

<p><font size="2" face="Times New Roman">Towing services revenues and cost of operations reflect the change in status during the
nine months ended September 30, 2003 of certain towing services markets from discontinued to continuing operations based on certain
on-going cash flows provided for under the disposal agreements.&nbsp; The loss on disposal recognized during the period is also
attributable to this transaction.</font></p>

<p><font size="2" face="Times New Roman">Selling, general, and administrative expenses for the nine months ended September 30,
2003, decreased to $13.3 million from $15.6 million for the nine months ended September 30, 2002 reflecting the Company&rsquo;s
ongoing focus on operating cost control.</font></p>

<p><font size="2" face="Times New Roman">Net interest expenses increased $2.3 million to $4.8 million for the nine months ended
September&nbsp;30, 2003 from $2.5 million for the nine months ended September 30, 2002 as a result of commitment fees charged in
conjunction with the maturity of the Junior Facility in July 2003.&nbsp; Also, during the three months ended September 30, 2003 the
Company wrote-off unamortized loan costs from the existing Senior Facility.</font></p>

<p><font size="2" face="Times New Roman">The provision for income taxes for continuing operations for the nine months ended
September 30, 2003 reflects combined effective US federal and state tax rate of 38%, net of tax benefit related to the
Company&rsquo;s foreign tax liability.&nbsp; The provision for the nine months ended September 30, 2002 reflects similar effective
US federal and state tax rate, plus additional taxes on foreign income for the period.</font></p>

<h2><i><font size="2" face="Times New Roman">Discontinued Operations</font></i></h2>

<p><font size="2" face="Times New Roman">Net sales from discontinued operations decreased $87.4 million for the nine months ended
September 30, 2003, from $145.4 million for the nine months ended September 30, 2002, to $58.0 million for the nine months ended
September 30, 2003.&nbsp; Net sales of the distribution group were $49.9 million for the nine months ended September 30, 2003
compared to $65.6 million for the nine months ended September 30, 2002.&nbsp; Revenues for the distribution group were negatively
impacted by cost pressures facing its customers and current tightness in the credit markets and by the disposition of one
distribution operation.&nbsp; Net sales for the towing and recovery services segment were $8.1 million for the nine months ended
September 30, 2003 compared to $79.8 million for the nine months ended September 30, 2002.&nbsp; Revenues of the towing services
decreased because of the ongoing sales of the market locations over the past two years.</font></p>

<p><font size="2" face="Times New Roman">Cost of sales as a percentage of net sales for the distribution group was 92.3% for the
nine months ended September 30, 2003 compared to 91.6% for the nine months ended September 30, 2002.&nbsp; The increase was
primarily the result of decreases in sales volume as explained above.&nbsp; Cost of sales for the towing services segment was 73.3%
for the nine months ended September&nbsp;30, 2003 compared to 84.9% for the nine months ended September 30, 2002.&nbsp; This
decrease resulted from the ongoing cost controls in the remaining towing services operations.</font></p>

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<p><font size="2" face="Times New Roman">Selling, general and administrative expenses as a percentage of sales was 7.9% for the
distribution group and 53.0% for the towing services segment for the nine months ended September 30, 2003 compared to 8.4% and
19.7% respectively, for the nine months ended September 30, 2002.&nbsp; The
decrease for the distribution group reflected the Company's ongoing focus on
operating cost control.&nbsp; Increases
in percentage of sales for the towing services segment were primarily
the result of lower administrative expenses spread over a smaller revenue base,
as the Company continues to sell towing services locations.</font></p>

<p><font size="2" face="Times New Roman">Net interest expense of discontinued operations decreased $1.0 million from $4.6 million
for the nine months ended September&nbsp;30, 2002 to $3.6 million for the nine months ended September&nbsp;30, 2003 as a result of
decreased borrowings under the Company&rsquo;s RoadOne revolving credit facility.</font></p>

<p><b><i><font size="2" face="Times New Roman">Liquidity and Capital Resources</font></i></b></p>

<p><font size="2" face="Times New Roman">Cash provided by operating activities was $8.6 million for the nine months ended September
30, 2003, compared to $18.0 million provided by operating activities for the comparable period of 2002.&nbsp; The cash provided by
operating activities for the nine months ended September 30, 2003 was primarily due to decreases in accounts receivable.</font></p>

<p><font size="2" face="Times New Roman">Cash provided by investing activities was $6.9 million for the nine months ended September
30, 2003, compared to $5.5 million provided by investing activities for the comparable period in 2002.&nbsp; The cash provided by
investing activities was primarily due to the sale of towing services operations.</font></p>

<p><font size="2" face="Times New Roman">Cash used in financing activities was $13.8 million for the nine months ended September
30, 2003 and $24.2 million for the comparable period in the prior year.&nbsp; The cash was used primarily to </font><font size=
"2">reduce borrowings under Company's credit facilities and other outstanding long-term debt and capital lease
obligations.</font></p>

<p><font size="2" face="Times New Roman">The Company&rsquo;s primary capital requirements are for working capital, debt service,
and capital expenditures.&nbsp; Since 1996, the Company has financed its operations and growth from internally generated funds and
debt financing.</font></p>

<p><b><i><font size="2" face="Times New Roman">Credit Facilities</font></i></b></p>

<p><font size="2" color="black" face="Times New Roman">In July 2001, the Company entered into a new four year senior secured credit
facility (the &ldquo;Senior Credit Facility&rdquo;) with a syndicate of lenders to replace its then existing credit facility.&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.&nbsp; The Senior Credit Facility originally consisted of an aggregate
$102.0 million revolving credit facility and an $8.0 million term loan.&nbsp; 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).&nbsp; 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.&nbsp; Borrowings under the term loan are collateralized by the Company&rsquo;s property, plant, and equipment.&nbsp;
The Company is required to make monthly amortization payments on the term loan of $167,000.&nbsp; The Company entered into a
Seventh Amendment to Credit Agreement on October 31, 2003 (the "Seventh Amendment"), pursuant to which, among other things, (i) the
$167,000 amortization payment due on November 1, 2003 was extended until the termination date of the Senior Credit Facility, and
(ii) the $167,000 amortization payment due on December 1, 2003 was deferred until December 31, 2003.&nbsp; The Senior Credit
Facility bears interest at the prime rate (as defined) plus 2.75%, subject to the rights of the senior lender agent or the required
lenders to charge a default rate equal to the prime rate (as defined) plus 4.75% during the continuance of any event of default
under the Senior Credit Facility, provided, however, that during the Forbearance period (described above), the Senior Credit
Facility bears interest at the prime rate (as defined) plus 2.75% in accordance with the terms of the Forbearance Agreement&nbsp; A
total of $29.5 million (continuing and discontinued operations) in principal amount of loans and other extensions of credit was
outstanding under the Senior Credit Facility at September 30, 2003.</font></p>

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<p><font size="2" color="black" face="Times New Roman">The Senior Credit Facility matures in July, 2005 and is collateralized by
substantially all the assets of the Company.&nbsp; 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).&nbsp; In addition, the Senior Credit Facility contains
restrictions on capital expenditures, incurrence of indebtedness, mergers and acquisitions, distributions and transfers and sales
of assets.&nbsp; The Senior Credit Facility also contains requirements related to weekly and monthly collateral
reporting.</font></p>

<p><font size="2" color="black" face="Times New Roman">The $14.0 million Junior Credit Facility is by its terms expressly
subordinated only to the Senior Credit Facility.&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.&nbsp; 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.&nbsp; The Junior Credit Facility also contains provisions for the issuance of
warrants for 0.5% of the outstanding shares of the Company&rsquo;s common stock (47,417 shares) in July, 2002 and an additional
1.5% (138,611 shares) on July 23, 2003 with an exercise price equal to the then fair market value of the Company&rsquo;s common
stock.&nbsp;</font><font size="2"> </font> <font size="2" color="black">The Junior Credit Facility contains requirements for the maintenance of certain
financial covenants.&nbsp; It also imposes restrictions on capital expenditures, incurrence of indebtedness, mergers and
acquisitions, distributions and transfers and sales of assets.</font></p>

<p><font size="2" color="black" face="Times New Roman">The Junior Credit Facility, under which $15.3 million in principal, interest
and fees was outstanding at September 30, 2003, mature</font><font size="2" color="black">d on</font><font size="2" color="black">
July 23, 2003 and bears interest at</font><font size="2"> </font>
<font size="2" color="black">a default rate of 10.0%
over the prime rate.&nbsp;</font><font size="2"> </font>
<font size="2" color="black">The Company</font><font size="2"> </font>
<font size="2"
color="black">has not yet repaid or refinanced the outstanding principal and interest under the Junior Credit
Facility.&nbsp;</font><font size="2"> </font> <font size="2" color="black">The Company&rsquo;s failure to repay all outstanding principal, interest and any other
amounts due and owing under the Junior Credit Facility on the maturity date constituted an event of default under the Junior Credit Facility and also
triggered an event of default under the Senior Credit
Facility cross-default provisions.&nbsp; Additionally, the Company is in default of the EBITDA covenant under the Junior Credit
Facility only for the first quarter of calendar 2003.&nbsp; The Company is also in default under both the Senior and Junior Credit
Facility as a result of the &ldquo;going concern&rdquo; explanatory paragraph included in the auditors&rsquo; report as well as the
failure to file its Annual Report prior to April 30,</font><font size="2">
</font> <font size="2" color="black">2003.</font></p>

<p><font size="2" color="black" face="Times New Roman">Pursuant to the terms of the Intercreditor Agreement, the </font><font color="black">
<font size=
"2">junior</font><font size=
"2"> lender agent and the junior lenders are prevented from taking any enforcement action or exercising
any remedies against the Company, its subsidiaries or their respective assets in respect of such event of default during a
standstill period (the &ldquo;Standstill Period&rdquo;).&nbsp; On July 29, 2003, the junior lender agent gave a notice of
enforcement to the senior lender agent based upon the event of default for failure to repay the outstanding obligations under the
Junior Credit Facility on the Junior Credit Facility&rsquo;s maturity date.&nbsp; This notice of enforcement began the running of
the Standstill Period which will expire on the earlier of:&nbsp; (i)</font></font><font size=
"2"> <font color="black">November 26, 2003 (the date which
is 120 days</font> <font color="black">after the date that written notice was given by the junior lender agent to the senior lender
agent of its intent to commence an enforcement action as a result of the occurrence of the Junior Credit Facility defaults),
subject to extension by notice from senior lender agent to junior lender agent to</font> <font color="black">April&nbsp;24, 2004
(the date which is 270 days</font> <font color="black">after the date that written notice was given by the junior lender agent to
the senior lender agent of its intent to commence an enforcement action as a result of the occurrence of the Junior Credit Facility
defaults); (ii) the acceleration of the maturity of the obligations of the Company under the 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.</font></font></p>

<p><font size="2" color="black" face="Times New Roman">On August 5, 2003, the senior agent gave a payment blockage notice to the
junior agent based upon certain events of default under the Senior Credit Facility, thereby preventing the junior agent and junior
lenders from receiving any payments from the Company in respect of the Junior Credit Facility while such blockage notice remains in
effect.&nbsp; Pursuant to the terms of the Intercreditor Agreement, such payment blockage period will expire on the earlier of (i)
February&nbsp;1, 2004 (the date which is 180 days after the date that such payment blockage notice was given), subject to extension
to May 1, 2004 (the date which is 270 days after the date that such payment blockage notice was given) if the Standstill Period is
extended from November 26, 2003 to April 24, 2004 at the election of the senior lender agent by notice to the junior lender agent
as described above, or (ii) the date that the Senior Credit Facility defaults giving rise to such payment blockage notice have been
cured or waived.</font></p>

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<p><font size="2" color="black" face="Times New Roman">On October 31, 2003, the Company entered into a Forbearance Agreement with
the lenders and the senior lender agent under the Senior Credit Facility (the "Forbearance Agreement"), pursuant to which, among
other things, the senior lenders agreed to forbear from exercising any remedies in respect of the defaults then existing under the
senior credit facility (collectively, the "Existing Senior Facility Defaults") as a result of (i)
the failure to timely deliver financial statements for fiscal year 2002 and the
failure to deliver a report of their independent certified public accountants
which is unqualified in any respect, as well as the event of default under the
Senior Credit Facility caused by the event of default arising from such failure
under the Junior Credit Facility; (ii) the failure to fulfill certain payment
obligations to the junior lenders under the Junior Credit Facility; and (iii)
the failure to fulfill certain financial covenants in the Junior Credit Facility
for one or more of the fiscal quarters ending in fiscal year 2003, which failure
would constitute an event of default under the Senior Credit Facility.&nbsp; The
forbearance period under the Forbearance Agreement (the &quot;Forbearance Period&quot;)
expires on the earlier of (x) December 31, 2003, (y) the occurrence of certain
bankruptcy type events in respect of Company or any of its Subsidiaries, and (z)
the failure of the Company or any of its Subsidiaries that are borrower parties
under the Senior Credit Facility to perform their obligations under the Senior
Credit Facility or the Forbearance Agreement.&nbsp; Under the Forbearance
Agreement, the senior lenders and the senior lender agent do not waive their
rights and remedies with respect to the Existing Senior Facility Defaults, but
agree to forbear from exercising rights and remedies with respect to the
Existing Senior Facility Defaults solely during the Forbearance Period.&nbsp;
There can be no assurance that the senior lenders or the senior lender agent
under the Senior Credit Facility will agree to extend the date of the
Forbearance Period upon the expiration thereof or to waive any of the Existing
Senior Facility Defaults.&nbsp; If the Existing Senior Facility Defaults are not
waived, upon expiration of the Forbearance Period, such events of default could
result n the acceleration of the amounts due under the Senior Credit Facility as
well as other remedies.&nbsp; There is no assurance that the Company will be
able to obtain such a waiver from the senior lenders of the Existing Senior
Facility Defaults.&nbsp; Further, the Company has not obtained any waiver from
the junior lenders in respect of certain events of default that have occurred
under the Junior Credit Facility and there can be no assurance that the Company
will be able to obtain such a waiver from the junior lenders.</font></p>

<p><font size="2" face="Times New Roman">On October 3, 2003, the Company entered into a letter agreement with a large financial
institution pursuant to which such lender confirmed its interest in providing up to $53 million of financing in order to refinance
the Senior Credit Facility and the Junior Credit Facility.&nbsp; The agreement does not constitute a commitment or undertaking by
such lender to provide financing, and is subject to completion of due diligence and various other conditions.&nbsp;The lender has commenced its due diligence process and, if
the transaction proceeds to closing, the Company anticipates the closing occurring by year end 2003.&nbsp; If the Company were to
be unsuccessful in its efforts to refinance the Credit Facilities, the Company might be required to seek bankruptcy court or other
protection from its creditors.</font></p>

<p><font size="2" face="Times New Roman">Simultaneous with entering into the</font><font size="2">
</font> <font size="2" color=
"black">Forbearance</font><font size="2"> Agreement</font><font size="2"> on October 31, 2003, William G. Miller, the Chairman of the Board and Co-CEO of
the Company, made a $2 million loan to the Company as a part of the Senior Credit Facility.&nbsp; The loan to the Company and Mr.
Miller&rsquo;s participation in the Senior Credit Facility were effected by the Seventh Amendment to the Credit Agreement and a
Participation Agreement between Mr. Miller and the Senior Credit Facility lenders.</font></p>

<p><font size="2" face="Times New Roman">The Company also is negotiating an agreement with the holders of all of the subordinated
notes issued under the Junior Credit Facility pursuant to which all obligations in excess of approximately $9.7 million arising
under such notes would be converted into shares of common stock of the Company.&nbsp; Such conversion would be at an exchange ratio
equal to the average closing prices of the Company&rsquo;s Common Stock during the fourth quarter of 2003.&nbsp; Such conversion
would occur simultaneously with and conditioned upon the closing of the proposed new credit facility described above.&nbsp; The
conversion of approximately 44% of such debt obligations is further conditioned upon approval of the shareholders of the Company
because this common stock would be issued to insiders of the Company.&nbsp;
There is no definitive agreement regarding this transaction at this time and
there can be no assurance that any such agreement will actually be entered into.</font></p>

<p><font size="2" face="Times New Roman">In addition to the borrowings under the Senior and Junior Credit Facilities described
above, the Company had approximately $3.9 million of mortgage notes payable, equipment notes payable and other long-term
obligations at September 30, 2003.&nbsp; The Company also had approximately $10.3 million in non-cancellable operating lease
obligations, $9.5 million of which relates to truck and building leases of discontinued operations.&nbsp;</font></p>

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<p>&nbsp;</p>

<p><font size="2" face="Times New Roman">Certain statements in this Form 10-Q, including but not limited to
&ldquo;Management&rsquo;s Discussion and Analysis of Financial Condition and Results of Operations,&rdquo; may be deemed to be
forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995.&nbsp; Such forward-looking
statements are made based on management&rsquo;s belief as well as assumptions made by, and information currently available to,
management pursuant to &ldquo;safe harbor&rdquo; provisions of the Private Securities Litigation Reform Act of 1995.&nbsp; The
Company&rsquo;s actual results may differ materially from the results anticipated in these forward-looking statements due to, among
other things, the risks referenced herein and the risk factors set forth under the heading &ldquo;Risk Factors&rdquo; in the
Company&rsquo;s Annual Report on Form 10-K, filed on May 22, 2003, 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&rsquo;s substantial indebtedness.&nbsp; The
Company cautions that such factors are not exclusive.&nbsp; 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" face="Times New Roman">Item 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a name="controls">Controls</a> and
Procedures</font></b></p>

<p><font size="2" face="Times New Roman">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&rsquo;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.&nbsp; Based upon this evaluation, the
Company&rsquo;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" face="Times New Roman">There were no significant changes in the Company&rsquo;s internal controls or in other
factors that could significantly affect internal controls subsequent to the date of this evaluation.</font></p>

<p align="center"><b><font size="2" face="Times New Roman">PART II.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a name=
"otherinformation">OTHER INFORMATION</a></font></b></p>

<p><b><font size="2" face="Times New Roman">Item 1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a name="legal">Legal
Proceedings</a></font></b></p>

<p><font size="2" face="Times New
Roman">&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.&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.&nbsp; 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.&nbsp; 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>&nbsp;</p>
<p>&nbsp;</p>

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<p><b><font size="2" face="Times New Roman">Item 6.<a name="Exhibits">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibits</a> and
Reports on Form 8-K</font></b></p>

<table border="0" cellspacing="0" cellpadding="7" style="border-collapse: collapse" bordercolor="#111111">
<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">(a)</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">Exhibits.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">10.1</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Seventh Amendment to Credit Agreement entered into as of October 31, 2003 among the
Registrant and the Lenders under the Senior Credit Agreement.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">10.2</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Forbearance Agreement entered into as of October 31, 2003 among the Registrant and the
Lenders under the Senior Credit Agreement.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">10.3</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Participation Agreement dated October 31, 2003 among the Registrant, the Lenders under the
Senior Credit Agreement, and William G. Miller.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">31.1</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Certification of Jeffrey I. Badgley, President and Co-Chief Executive Officer of Miller
Industries, Inc., pursuant to rule 13a-14(a) or 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">31.2</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Certification of William G. Miller , Chairman of the Board and Co-Chief Executive Officer
of Miller Industries, Inc., pursuant to rule 13a-14(a) or 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">31.3</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Certification of J. Vincent Mish, Executive Vice President and Chief Financial Officer of
Miller Industries, Inc., pursuant to rule 13a-14(a) or 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">32.1</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Certification of Jeffrey I. Badgley, President and Co-Chief Executive Officer of Miller
Industries, Inc., pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">32.1</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Certification of William G. Miller , Chairman of the Board and Co-Chief Executive Officer
of Miller Industries, Inc., pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">32.2</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">Certification of J. Vincent Mish, Executive Vice President and Chief Financial Officer of
Miller Industries, Inc., pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">(b)</font></p>
</td>
<td colspan="2" valign="top">
<p><font size="2" face="Times New Roman">Reports on Form 8-K &ndash; The Registrant filed a report on Form 8-K on October 10,
2003.</font></p>
</td>
</tr>
</table>

&nbsp;<p>&nbsp;</p>

<p align="center"><font face="Times New Roman" size="2">22<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<p align="left"><font size="1"><a href="#INDEX">Table of Contents</a></font></p>

<p align="center"><b><font size="2" face="Times New Roman"><a name="SIGNATURES">SIGNATURES</a></font></b></p>

<p><font size="2" face="Times New
Roman">&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, Miller Industries, Inc. has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.</font></p>

<p>&nbsp;</p>

<table border="0" cellspacing="0" cellpadding="0" width="613">
<tr>
<td valign="top">
<p><font size="2" 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;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">MILLER INDUSTRIES, INC.</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">By<u><font color="blue">:&nbsp;&nbsp;&nbsp;<b><i>/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;</i></b></font></u></font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J. Vincent Mish</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President and</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer</font></p>
</td>
</tr>
</table>

<p><font size="2" face="Times New Roman">Date:&nbsp;&nbsp;&nbsp; November 19, 2003</font></p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p align="center"><font face="Times New Roman" size="2">23</font></p>

</body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>3
<FILENAME>ex311.htm
<DESCRIPTION>CERTIFICATION
<TEXT>
<html>

<head>
<title>Certification</title>
</head>

<body>

<p align="right"><b><font size="3" face="Times New Roman">Exhibit 31.1</font></b></p>

<p align="center"><b><u><font size="2" face="Times New Roman">CERTIFICATIONS</font></u></b></p>

<p><font size="2" face="Times New Roman">I, Jeffrey I. Badgley, certify that:</font></p>

<ol start="1" type="1" style="font-family: Times New Roman; font-size: 10pt">
<li><font size="2" face="Times New Roman">I have reviewed this quarterly report on Form 10-Q of Miller Industries, Inc.<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">Based on my knowledge, this quarterly 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 quarterly report;<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">Based on my knowledge, the financial statements, and other financial information included
in this quarterly 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 quarterly report;<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">The registrant&rsquo;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></li>
</ol>

<blockquote>
  <ol style="font-family: Times New Roman; font-size: 10pt" type="a">
    <li><font size="2">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 entitles, particularly during the period in which this
quarterly report is being prepared;<br />
&nbsp;</font></li>
    <li><font size="2">evaluated the effectiveness of the registrant&rsquo;s disclosure controls and procedures as of a date within 90 days prior to
the filing date of this quarterly report (the &ldquo;Evaluation Date&rdquo;); and<br />
&nbsp;</font></li>
    <li><font size="2">presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on
our evaluation as of the Evaluation Date;</font></li>
    </ol>
    </blockquote>

<ol start="5" type="1" style="font-family: Times New Roman; font-size: 10pt">
<li><font size="2" face="Times New Roman">The registrant&rsquo;s other certifying officers and I have disclosed, based on our most
recent evaluation, to the registrant&rsquo;s auditors and the audit committee of registrant&rsquo;s board of directors (or persons
performing the equivalent function):</font></li>
</ol>

    <blockquote>
      <ol style="font-family: Times New Roman; font-size: 10pt" type="a">
        <li><font size="2">all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant&rsquo;s
ability to record, process, summarize and report financial data and have identified for the registrant&rsquo;s auditors any
material weaknesses in internal controls; and<br />
&nbsp;</font></li>
        <li><font size="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the
registrant&rsquo;s internal controls; and</font></li>
        </ol>
      </blockquote>

<ol start="6" type="1" style="font-family: Times New Roman; font-size: 10pt">
<li><font size="2" face="Times New Roman">The registrant&rsquo;s other certifying officers and I have indicated in this quarterly
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 weaknesses.&nbsp;</font></li>
</ol>

<p><font size="2" face="Times New Roman">Date:&nbsp;&nbsp;&nbsp; November 19, 2003</font></p>

<p>&nbsp;</p>

<table border="0" cellspacing="0" cellpadding="0" width="592">
<tr>
<td valign="top" width="267">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="325">
<p><u><font size="2" face="Times New Roman">/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;</font></u></p>
</td>
</tr>

<tr>
<td valign="top" width="267"></td>
<td valign="top" width="325">
<p><font size="2" face="Times New Roman">Jeffrey I. Badgley<br />
 President and Chief Executive Officer</font></p>
</td>
</tr>
</table>

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

      </body>

    </html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>4
<FILENAME>ex312.htm
<DESCRIPTION>CERTIFICATION
<TEXT>
<html>

<head>
<title>Certification</title>
</head>

<body>

<p align="right"><b><font size="2" face="Times New Roman">Exhibit 31.2</font></b></p>

<p align="center"><b><u><font size="2" face="Times New Roman">CERTIFICATIONS</font></u></b></p>

<p><font size="2" face="Times New Roman">I William G. Miller, certify that:</font></p>

<ol style="font-family: Times New Roman; font-size: 10pt">
<li><font size="2" face="Times New Roman">I have reviewed this quarterly report on Form 10-Q of Miller Industries, Inc.<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">Based on my knowledge, this quarterly 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 quarterly report;<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">Based on my knowledge, the financial statements, and other financial information included
in this quarterly 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 quarterly report;<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">The registrant&rsquo;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></li>
</ol>

<blockquote>
  <ol style="font-family: Times New Roman; font-size: 10pt" type="a">
    <li><font size="2">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 entitles, particularly during the period in which this
quarterly report is being prepared;<br />
&nbsp;</font></li>
    <li><font size="2">evaluated the effectiveness of the registrant&rsquo;s disclosure controls and procedures as of a date within 90 days prior to
the filing date of this quarterly report (the &ldquo;Evaluation Date&rdquo;); and<br />
&nbsp;</font></li>
    <li><font size="2">presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on
our evaluation as of the Evaluation Date;</font></li>
    </ol>
    </blockquote>

<ol start="5" style="font-family: Times New Roman; font-size: 10pt">
<li><font size="2" face="Times New Roman">The registrant&rsquo;s other certifying officers and I have disclosed, based on our most
recent evaluation, to the registrant&rsquo;s auditors and the audit committee of registrant&rsquo;s board of directors (or persons
performing the equivalent function):</font></li>
</ol>

    <blockquote>
      <ol style="font-family: Times New Roman; font-size: 10pt" type="a">
        <li><font size="2">all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant&rsquo;s
ability to record, process, summarize and report financial data and have identified for the registrant&rsquo;s auditors any
material weaknesses in internal controls; and<br />
&nbsp;</font></li>
        <li><font size="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the
registrant&rsquo;s internal controls; and</font></li>
        </ol>
      </blockquote>

<ol start="6" style="font-family: Times New Roman; font-size: 10pt">
<li><font size="2" face="Times New Roman">The registrant&rsquo;s other certifying officers and I have indicated in this quarterly
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 weaknesses.&nbsp;</font></li>
</ol>

<p><font size="2" face="Times New Roman">Date:&nbsp;&nbsp;&nbsp; November 19, 2003</font></p>

<p>&nbsp;</p>

<table border="0" cellspacing="0" cellpadding="0" width="617">
<tr>
<td valign="top" width="282">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="335">
<p><u><font size="2" face="Times New Roman">/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;</font></u></p>
</td>
</tr>

<tr>
<td valign="top" width="282"></td>
<td valign="top" width="335">
<p><font size="2" face="Times New Roman">William G. Miller<br />
 Chairman of the Board and Co-Chief Executive Officer</font></p>
</td>
</tr>
</table>

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

      </body>

    </html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.3
<SEQUENCE>5
<FILENAME>ex313.htm
<DESCRIPTION>CERTIFICATION
<TEXT>
<html>

<head>
<title>Certification</title>
</head>

<body>

<p align="right"><b><font size="3" face="Times New Roman">Exhibit 31.3</font></b></p>

<p align="center"><b><u><font size="2" face="Times New Roman">CERTIFICATIONS</font></u></b></p>

<p><font size="2" face="Times New Roman">I, J. Vincent Mish, certify that:</font></p>

<ol start="1" type="1" style="font-family: Times New Roman; font-size: 10pt">
<li><font size="2" face="Times New Roman">I have reviewed this quarterly report on Form 10-Q of Miller Industries, Inc.<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">Based on my knowledge, this quarterly 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 quarterly report;<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">&nbsp;Based on my knowledge, the financial statements, and other financial information
included in this quarterly 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 quarterly report;<br />
 &nbsp;</font></li>

<li><font size="2" face="Times New Roman">The registrant&rsquo;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></li>
</ol>

<blockquote>
  <ol style="font-family: Times New Roman; font-size: 10pt" type="a">
    <li><font size="2">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 entitles, particularly during the period in which this
quarterly report is being prepared;<br />
&nbsp;</font></li>
    <li><font size="2">evaluated the effectiveness of the registrant&rsquo;s disclosure controls and procedures as of a date within 90 days prior to
the filing date of this quarterly report (the &ldquo;Evaluation Date&rdquo;); and<br />
&nbsp;</font></li>
    <li><font size="2">presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on
our evaluation as of the Evaluation Date;</font></li>
    </ol>
    </blockquote>

<ol start="5" type="1" style="font-family: Times New Roman; font-size: 10pt">
<li><font size="2" face="Times New Roman">The registrant&rsquo;s other certifying officers and I have disclosed, based on our most
recent evaluation, to the registrant&rsquo;s auditors and the audit committee of registrant&rsquo;s board of directors (or persons
performing the equivalent function):</font></li>
</ol>

    <blockquote>
      <ol style="font-family: Times New Roman; font-size: 10pt" type="a">
        <li><font size="2">all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant&rsquo;s
ability to record, process, summarize and report financial data and have identified for the registrant&rsquo;s auditors any
material weaknesses in internal controls; and<br />
&nbsp;</font></li>
        <li><font size="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the
registrant&rsquo;s internal controls; and</font></li>
        </ol>
      </blockquote>

<ol start="6" type="1">
<li><font size="2" face="Times New Roman">The registrant&rsquo;s other certifying officers and I have indicated in this quarterly
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 weaknesses.&nbsp;</font></li>
</ol>

<p><font size="2" face="Times New Roman">Date:&nbsp;&nbsp;&nbsp; November 19, 2003</font></p>

<p>&nbsp;</p>

<table border="0" cellspacing="0" cellpadding="0" width="647">
<tr>
<td valign="top" width="331">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="316">
<p><u><font size="2" face="Times New Roman">/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;&nbsp;</font></u></p>
</td>
</tr>

<tr>
<td valign="top" width="331">
<p><font size="2" face="Times New Roman">&nbsp;</font></p>
</td>
<td valign="top" width="316">
<p><font size="2" face="Times New Roman">J. Vincent Mish<br />
 Executive Vice President and Chief Financial Officer</font></p>
</td>
</tr>
</table>

<p>&nbsp;</p>

      </body>

    </html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>6
<FILENAME>ex321.htm
<DESCRIPTION>CERTIFICATION
<TEXT>
<html>

<head>
<title>Certification</title>
</head>

<body>

<p align="right"><b><font size="3" face="Times New Roman">EXHIBIT 32.1</font></b></p>

<p align="center"><font size="3" face="Times New Roman">&nbsp;</font></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><font size="3" face="Times New Roman">&nbsp;</font><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 Quarterly&nbsp; Report on Form 10-Q of the
Company for the quarterly period ended September 30, 2003&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:&nbsp; November 19, 2003</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="645">
<tr>
<td width="333"></td>
<td width="312">
<p><font size="3" face="Times New Roman">&nbsp;</font></p>

<p><u><font size="2" face="Times New Roman">&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br />

</font></u> <font size="2">Jeffrey I. Badgley<br />
 President and Chief Executive Officer</font></p>
</td>
</tr>
</table>

</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.2
<SEQUENCE>7
<FILENAME>ex322.htm
<DESCRIPTION>CERTIFICATION
<TEXT>
<html>

<head>
<title>Certification</title>
</head>

<body>

<p align="right"><b><font size="3" face="Times New Roman">EXHIBIT 32.2</font></b></p>

<p align="center"><font size="3" face="Times New Roman">&nbsp;</font></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><font size="3" face="Times New Roman">&nbsp;</font></p>

<p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I, William G. Miller,
Chairman of the Board and Co-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 Quarterly&nbsp; Report on Form 10-Q of the
Company for the quarterly period ended September 30, 2003&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:&nbsp; November 19, 2003</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="645">
<tr>
<td width="347"></td>
<td width="298">
<p><font size="3" face="Times New Roman">&nbsp;</font></p>

<p><u><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br />

</font></u> <font size="2">William G. Miller<br />
 Chairman of the Board and Co-Chief Executive Officer</font></p>
</td>
</tr>
</table>

</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.3
<SEQUENCE>8
<FILENAME>ex323.htm
<DESCRIPTION>CERTIFICATION
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<p align="right"><b><font size="3" face="Times New Roman">EXHIBIT 32.3</font></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><font size="3" face="Times New Roman">&nbsp;</font></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 Quarterly Report on Form 10-Q of the Company
for the quarterly period ended September 30, 2003 (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:&nbsp; November 19, 2003</font></p>

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

<p><u><font size="2" face="Times New Roman">&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;&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<br />
 Executive Vice President and<br />
 Chief Financial Officer</font></p>
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>9
<FILENAME>creditagramd7.htm
<DESCRIPTION>SEVENTH AMD. TO CREDIT AGREEMENT
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<title>Seventh Amendment to Credit Agreement</title>
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<p align="left"><b>EXHIBIT 10.1</b></p>

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

<p align="center"><font size="3" face="Times New Roman"><b>SEVENTH AMENDMENT TO CREDIT AGREEMENT</b></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; THIS SEVENTH AMENDMENT
TO CREDIT AGREEMENT (the &ldquo;Amendment&rdquo;) is made and entered into as of the 31st day of October 2003, among MILLER
INDUSTRIES, INC., a Tennessee corporation (&ldquo;Parent&rdquo;), each of the other Subsidiaries of Parent listed on the signature
pages hereof (together with Parent, collectively, &ldquo;Borrowers&rdquo;), the Lenders whose signatures appear on the signature
pages hereof (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 Title Collateral gent and Letter of Credit Issuer (in such capacities, together
with the Collateral Agent, the &ldquo;Agents&rdquo;).</font></p>

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

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WHEREAS, Borrower, 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 Agents and Lenders 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><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; <u>Definitions</u>.&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; <u>Amendments to Credit Agreement</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; (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annex A to the
Credit Agreement shall be amended 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending the definition of Letter of Credit Subfacility by deleting the amount
&ldquo;$10,000,000&rdquo; and inserting in lieu thereof the amount &ldquo;$1,500,000&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending the definition of Maximum Miller Revolver Amount by deleting the amount
&ldquo;$42,000,000&rdquo; and inserting in lieu thereof the amount &ldquo;$30,000,000&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending subsection (b)(iv) of the definition of Maximum RoadOne Revolver Amount by
deleting the amount &ldquo;$9,000,000&rdquo; and inserting in lieu thereof the amount &ldquo;$2,500,000&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending subsection (b)(i) of the definition of Miller Borrowing Base by deleting the
amount &ldquo;$5,000,000&rdquo; and inserting in lieu thereof the amount &ldquo;$3,500,000&rdquo;.</font></p>

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

<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;
(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending the definition of Net Senior Creditor Proceeds by replacing the defined term
&ldquo;Term Loan&rdquo; in subsections (a) and (b) thereof with the defined term &ldquo;Original Term Loan&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending clause (f) of the definition of Restricted Investment by deleting the following
text in its entirety:&nbsp; &ldquo;in an aggregate amount outstanding not to exceed $4,000,000&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending the definition of Term Loan and Term Loans by deleting the text thereof in its
entirety and in lieu thereof inserting the following text:</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &ldquo;<u>Term Loan</u>&rdquo; means, individually, each of the Original Term Loans and
the New Term Loans, as the context may require, and &ldquo;<u>Term</u> Loans&rdquo; means, collectively, the Original Term Loans
and the New Term Loans.</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;
(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; adding thereto, in the appropriate place based on alphabetical order, the following new
defined term:</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &ldquo;<u>Seventh Amendment</u>&rdquo; means that certain &ldquo;Seventh Amendment to
Credit Agreement&rdquo; by and among the Borrowers, Lenders, and Agents, as identified therein, dated as of October 31,
2003.</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;
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 7.25 of the Credit Agreement shall be amended 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending subsection (a) by deleting the amount &ldquo;$5,000,000&rdquo; and
inserting in lieu thereof the amount &ldquo;$4,000,000;</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;
(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; amending subsection (b) by deleting the amount &ldquo;$4,000,000&rdquo; and
inserting in lieu thereof the amount &ldquo;$3,000,000&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;
(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 1.3 of the Credit Agreement shall be amended by deleting the text thereof in
its entirety and inserting in lieu thereof <a name="_Toc520200205">the following text:</a></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;
1.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a name=
"_Toc496452837"><u>Term&nbsp;Loans</u>.</a></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;
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Original Term Loans.</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;&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;&nbsp;&nbsp;&nbsp; <u>Amounts of the Original Term Loans</u>.&nbsp; Each Lender severally agrees
to make a term loan (any such term loan being referred to as an &ldquo;<u>Original Term Loan</u>&rdquo; and such term loans being
referred to collectively as the &ldquo;<u>Original Term Loans</u>&rdquo;) to the Borrowers on the Closing Date, upon the
satisfaction of the conditions precedent set forth in <u>Article 8</u>, in an amount equal to such Lender&rsquo;s Pro Rata Share of
$8,000,000.&nbsp; The Original Term Loans shall initially be Base Rate Term Loans.</font></p>

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

<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;
(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Making of the Original Term Loans</u>.&nbsp; Each Lender shall make the amount of
such Lender&rsquo;s Original Term Loan available to the Collateral Agent in same day funds, to the Collateral Agent&rsquo;s
designated account, not later than 3:00 p.m. (Atlanta, Georgia time) on the Closing Date.&nbsp; After the Collateral Agent&rsquo;s
receipt of the proceeds of such Original Term Loans, upon satisfaction of the conditions precedent set forth in
<u>Article&nbsp;8</u>, the Collateral Agent shall make the proceeds of such Original Term Loans available to the Borrowers on such
Funding Date by transferring same day funds equal to the proceeds of such Original Term Loans received by the Collateral Agent to
the Designated Account.</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;
(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Original Term Loan Amortization</u>.&nbsp; The Original Term Loan shall be due and
payable in consecutive monthly principal installments of $167,000 each on the first day of each calendar month, commencing on
August&nbsp;1, 2001, with a final principal installment of all unpaid principal due and payable on the Termination Date;&nbsp;
<u>provided</u>, <u>however</u>, that (A) the principal installment payment otherwise due by the Borrowers on November 1, 2003 in
accordance with the preceding sentence shall be deferred and shall be due and payable by the Borrowers on the Termination Date, and
(B) the principal installment payment otherwise due by the Borrowers on December 1, 2003 in accordance with the preceding sentence
shall be deferred and shall be due and payable by the Borrowers on December 31, 2003.&nbsp; Each such installment shall be payable
to the Collateral Agent for the account of the applicable Lenders.&nbsp; Payments or prepayments of the Original Term Loans may not
be reborrowed.</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;
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>New Term Loans</u>.&nbsp;</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;
(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Amounts of the New Term Loans</u>.&nbsp; Each Lender severally agrees to
make a term loan (any such term loan being referred to as a &ldquo;<u>New Term Loan</u>&rdquo; and such term loans being referred
to collectively as the &ldquo;<u>New Term Loans</u>&rdquo;) to the Borrowers on the date on which the Seventh Amendment becomes
effective in accordance with its terms (the &ldquo;<u>New Term Loan Funding Date</u>&rdquo;), in an amount equal to such
Lender&rsquo;s Pro Rata Share of $2,000,000.&nbsp; The New Term Loans shall initially be Base Rate Term Loans.</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;
(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Making of the New Term Loans</u>.&nbsp; Each Lender shall make the amount of such
Lender&rsquo;s New Term Loan available to the Collateral Agent in same day funds, to the Collateral Agent&rsquo;s designated
account, not later than 3:00 p.m. (Atlanta, Georgia time) on the New Term Loan Funding Date.&nbsp; After the Collateral
Agent&rsquo;s receipt of the proceeds of such New Term Loans, the Collateral Agent shall make the proceeds of such New Term Loans
available to the Borrowers on such Funding Date by paying down the balance of the then-outstanding Revolving Credit Loans by the
aggregate amount of the New Term Loans (without any permanent reduction in the Commitments as a result of such
pay-down).</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;
(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>New Term Loan Principal Payment</u>.&nbsp; The full principal amount of the New Term
Loan, together with any then unpaid interest thereon, shall be due and payable on the Termination Date.&nbsp; Interest shall be
payable on the New Term Loan in accordance with <u>Section 2.1(a)</u>.</font></p>

<p align="center"><font face="Times New Roman" size="2">3<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>

<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;
(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.4 of the Credit Agreement shall be amended by substituting the defined
terms Term Loan and Term Loans, in each place where either of such terms is used, for the respective defined terms Original Term
Loan and Original Term Loans.</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;
(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 3.8 of the Credit Agreement shall be amended 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; inserting the text &ldquo;other than the New Term Loans,&rdquo; immediately
following the phrase &ldquo;<u>third</u>, to pay interest due in respect of all Loans,&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; substituting the text &ldquo;<u>sixth</u>, to pay or prepay principal of the Term
Loans&rdquo; with the text &ldquo;<u>sixth</u>, to pay or prepay principal of the Original Term Loans&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; deleting the following text in its entirety &ldquo;and <u>eighth</u>, to the payment of
any other Obligation (including any amounts relating to Bank Products) due to the Agents or any Lender by the Borrowers&rdquo; and
in lieu thereof inserting the following text:</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &ldquo;<u>eighth</u>, to the payment of any other Obligation other than the New Term Loans
(including any amounts relating to Bank Products) due to the Agents or any Lender by the Borrowers, and <u>ninth</u>, to the
payment of principal and interest in connection with the New Term Loans&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;
(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Section 8.1 of the Credit Agreement shall be amended by substituting the
defined term Term Loans from the first sentence thereof and replacing it with the defined term Original Term Loans.</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;
(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Schedule 1.1 to the Credit Agreement shall be amended and restated in the form
attached hereto.</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.&nbsp;&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;
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; as of the date hereof, and after
giving effect to the terms hereof and to the terms of the Forbearance Agreement
(defined below), there exists no Default or Event of Default under the Credit
Agreement or any of the other Loan Documents, except Existing Defaults (as
defined in the Forbearance Agreement),</font></p>


<p style="margin-left: 60"><font size="3" face="Times New Roman">&nbsp;&nbsp;&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 except for any representation or warranty that
is untrue as a result of the occurrence or continuance of any of the Existing
Defaults as defined in the Forbearance Agreement) 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 align="center"><font face="Times New Roman" size="2">4<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>

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

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&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.</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Conditions Precedent</u>.&nbsp; The effectiveness of this Amendment is subject to
the following conditions precedent:</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;
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Delivery of Documents</u>.&nbsp; The Collateral Agent shall have received from the
Borrowers the following documents, all in form and substance acceptable to Collateral Agent in its sole discretion:</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; (i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; executed originals of this Amendment;
and</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; (ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; such other documents and instruments as the
Agents or any Lender may reasonably request.</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;
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Forbearance Agreement</u>.&nbsp; That certain Forbearance Agreement, dated as of
the date hereof, between and among Borrowers, Agents and Lenders (the &ldquo;<u>Forbearance Agreement</u>&rdquo;) (i) shall have
been executed and delivered by all parties thereto and (ii) shall have become effective in accordance with its terms and
conditions.</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.&nbsp; <u>Lender Approval of New Independent Certified Public Accountants</u>.&nbsp;
Lenders and Agents hereby acknowledge and agree that the appointment by Borrowers of Joseph Decosimo and Company, LLP as new
certified public accountants for the Borrowers is satisfactory to them.</font></p>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.&nbsp; <u>Miscellaneous</u>.&nbsp; Each of the Borrowers agrees to take such further
action as the Agents shall reasonably request in connection herewith to evidence the agreements herein contained.&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; The Credit Agreement, as amended hereby, shall be binding upon and inure to the benefit of
the successors and permitted assigns of the parties hereto.&nbsp; This Amendment shall be governed by, and construed and enforced
in accordance with, the internal laws of the State of Georgia, but without giving effect to principles of conflicts of laws
thereof.&nbsp; This Amendment may not be modified, altered or amended except by agreement in writing signed by all of the parties
hereto.&nbsp; Each Borrower acknowledges that it has consulted with counsel and with such other expert advisors as it deemed
necessary in connection with the negotiation, execution and delivery of this Amendment.&nbsp; This Amendment shall be construed
without regard to any presumption or rule requiring that it be construed against the party causing this Amendment or any part
hereof to be drafted.</font></p>

<p align="center"><font size="3" face="Times New Roman">[signature pages follow]</font></p>

<p align="center"><font face="Times New Roman" size="2">5</p>
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IN WITNESS WHEREOF,
Borrowers, the Agents and the Lenders have caused this Agreement 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="681">
  <tr>
    <td width="310">&nbsp;</td>
    <td width="371"><b><font size="3" face="Times New Roman">&ldquo;PARENT&rdquo;</font></b><p><b><font size="3" face="Times New Roman">MILLER INDUSTRIES, INC.</font></b></p>

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

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

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

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

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

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

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

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

<p>&nbsp;</p>

<p align="center"><font size="3" face="Times New Roman">[signatures continue on following pages]</font></p>

<p>&nbsp;</p>

<p align="center"><font face="Times New Roman" size="2">6<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="681">
  <tr>
    <td width="309">&nbsp;</td>
    <td width="372"><b><font size="3" face="Times New Roman">&ldquo;SUBSIDIARY ROADONE BORROWERS&rdquo;</font></b><p>&nbsp;</p>

<p><b><font size="3" face="Times New Roman">AETEX, INC., f/k/a A-EXCELLENCE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOWING
CO.</font></b></p>

<p><b><font size="3" face="Times New Roman">ALL AMERICAN TOWING SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
B-G TOWING, INC.<br>
BEAR TRANSPORTATION, INC.<br>
BTRCX, INC. f/k/a BERT&rsquo;S TOWING<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RECOVERY<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CORPORATION<br>
BBSX, INC. f/k/a BOB BOLIN SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.<br>
BASIEX, INC. f/k/a BOB&rsquo;S AUTO SERVICE,<br>
&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
BTRX, INC.<br>
BVSWS, INC. f/k/a BOB VINCENT AND SONS<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WRECKER SERVICE, INC.<br>
CAL WEST TOWING, INC.<br>
CBTX,INC., f/k/aCEDAR BLUFF 24 HOUR<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOWING,
INC.<br>
CCASX, INC.<br>
CEX, INC., f/k/a CHAD&rsquo;S INC.<br>
CVDC, f/k/a CLEVELAND VEHICLE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DETENTION CENTER,
INC.<br>
D.A. HANELINE, INC.<br>
DVREX, INC.<br>
DOLLAR ENTERPRISES, INC.<br>
DSX, INC., f/k/a DUGGER&rsquo;S SERVICES,<br>
&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
GMAR, INC., f/k/a GOOD MECHANIC AUTO<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; CO. OF RICHFIELD, INC.<br>
GREAT AMERICA TOWING, INC.<br>
GREG&rsquo;S TOWING, INC.<br>
HTX, INC.<br>
LTSX, INC., f/k/a LAZER TOW SERVICES,<br>
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
LASX, INC.<br>
LWKR, INC.<br>
MAEJO, INC.<br>
MEL&rsquo;S ACQUISITION CORP.<br>
MGEX, INC.<br>
MSTEX, INC.<br>
MTSX INC.<br>
MURPHY&rsquo;S TOWING, INC.</font></b></p>

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

<p align="center"><font size="3" face="Times New Roman">[signatures continue on following pages]</font></p>

<p>&nbsp;</p>

<p align="center"><font face="Times New Roman" size="2">7<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="681">
  <tr>
    <td width="307">&nbsp;</td>
    <td width="374"><b><font size="3" face="Times New Roman">P.A.T., INC.<br>
    PEX, INC., f/k/a/ PIPES ENTERPRISES,<br>
    &nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
    RMA ACQUISITION CORP.<br>
    RRIC ACQUISITION CORP.<br>
    RSX, INC., f/k/a RECOVERY SERVICES,<br>
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
    ROAD ONE, 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;TRANSPORTATION, INC.</font></b><p><b><font size="3" face="Times New Roman">ROADONE TRANSPORTATION AND<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LOGISTICS, INC.<br>
    R.M.W.S., INC.<br>
    SWSX, INC. (f/k/a SUBURBAN WRECKER<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SERVICE,
INC.)</font></b></p>

<p><b><font size="3" face="Times New Roman">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; COUNTY, INC.</font></b></p>

<p><b><font size="3" face="Times New Roman">TSSC, INC., f/k/a TRUCK SALES &amp; SALVAGE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; CO., INC.<br>
TWSX, INC.<br>
WSX, INC., f/k/a WES&#146;S SERVICE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INCORPORATED</font></b></p>

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

<p><font size="3" face="Times New
Roman">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;&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;Vice President and Attorney-in-Fact of each<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;entity listed above</font></p>

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

<p>&nbsp;</p>

<p align="center"><font size="3" face="Times New Roman">[Signatures Continue on Following Pages]</font></p>

<p>&nbsp;</p>

<p align="center"><font face="Times New Roman" size="2">8<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>

<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="681">
  <tr>
    <td width="306">&nbsp;</td>
    <td width="375"><font size="3" face="Times New
Roman">
<b>&ldquo;ADMINISTRATIVE AGENT, SYNDICATION<br>
    AGENT AND EXISTING
TITLED<br>
    COLLATERAL AGENT&rdquo;</b></font><p>&nbsp;</p>

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

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

Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;/s/ Sherry Lail&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">Name:&nbsp;&nbsp; Sherry Lail<u><br>
</u>Title:&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President</font></p>

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

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

<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">&nbsp;</font></p>

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

Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;/s/ Sherry Lail&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">Name:&nbsp;&nbsp; Sherry Lail<u><br>
</u>Title:&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President</font></p>

<p>&nbsp;</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., as<br>
the Collateral Agent</font></p>

<p>&nbsp;</p>

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

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

<p align="center"><font size="3" face="Times New Roman">[signatures continue on following pages]</font></p>

<p>&nbsp;</p>

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

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

<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="681">
  <tr>
    <td width="305">&nbsp;</td>
    <td width="376"><b><font size="3" face="Times New Roman">&ldquo;LENDERS&rdquo;</font></b><p><font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as a Lender</font></p>

<p>&nbsp;</p>

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

Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;/s/ Sherry Lail&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">Name:&nbsp;&nbsp; Sherry Lail<u><br>
</u>Title:&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President</font></p>

<p>&nbsp;</p>

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

<p>&nbsp;</p>

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

<p>&nbsp;</p>

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

<p>&nbsp;</p>

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

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

<p>&nbsp;</p>

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

<p align="center"><b><u><font size="3" face="Times New Roman">SCHEDULE 1.1</font></u></b></p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0" width="707">
<tr>
<td valign="top" width="151">
<p align="center"><u><font size="2" face="Times New Roman"><br />
 Lender</font></u></p>
</td>
<td valign="top" width="111">
<p align="center"><font size="2" face="Times New Roman">Total<br>
</font><u><font size="2" face="Times New Roman">Commitment</font></u></p>

</td>
<td valign="top" width="118">
<p align="center"><font size="2" face="Times New Roman">Revolving Loan<br>
<u>Commitment</u></font></p>
</td>
<td valign="top" width="124">
<p align="center"><font size="2" face="Times New Roman">Original Term Loan<br>
<u>Commitment</u></font></p>
</td>
<td valign="top" width="103">
<p align="center"><font size="2" face="Times New Roman">New Term Loan<br>
Commitment</font></p>
</td>
<td valign="top" width="100">
<p align="center"><u><font size="2" face="Times New Roman">Pro Rata<br>
Share<br />
</font></u> <font size="2">(3 decimals)</font></p>
</td>
</tr>

<tr>
<td valign="top" width="151">
<p><font size="2" face="Times New Roman">Bank of America, N.A.</font></p>
</td>
<td valign="top" width="111">
<p align="center"><font size="2" face="Times New Roman">$16,420,329.09</font></p>
</td>
<td valign="top" width="118">
<p align="center"><font size="2" face="Times New Roman">$12,556,700.00</font></p>
</td>
<td valign="top" width="124">
<p align="center"><font size="2" face="Times New Roman">$3,090,909.09</font></p>
</td>
<td valign="top" width="103">
<p align="center"><font size="2" face="Times New Roman">$772,720.00</font></p>
</td>
<td valign="top" width="100">
<p align="center"><font size="2" face="Times New Roman">38.636</font></p>
</td>
</tr>

<tr>
<td valign="top" width="151">
<p><font size="2" face="Times New Roman">The CIT Group/Business<br>
&nbsp;&nbsp;&nbsp;&nbsp;Credit, Inc.</font></p>
</td>
<td valign="top" width="111">
<p align="center"><font size="2" face="Times New Roman">$16,420,329.09</font></p>
</td>
<td valign="top" width="118">
<p align="center"><font size="2" face="Times New Roman">$12,556,700.00</font></p>
</td>
<td valign="top" width="124">
<p align="center"><font size="2" face="Times New Roman">$3,090,909.09</font></p>
</td>
<td valign="top" width="103">
<p align="center"><font size="2" face="Times New Roman">$772,720.00</font></p>
</td>
<td valign="top" width="100">
<p align="center"><font size="2" face="Times New Roman">38.636</font></p>
</td>
</tr>

<tr>
<td valign="top" width="151">
<p><font size="2" face="Times New Roman">Fleet Capital Corporation</font></p>
</td>
<td valign="top" width="111">
<p align="center"><font size="2" face="Times New Roman">$9,659,341.82</font></p>
</td>
<td valign="top" width="118">
<p align="center"><font size="2" face="Times New Roman">$7,386,600.00</font></p>
</td>
<td valign="top" width="124">
<p align="center"><font size="2" face="Times New Roman">$1,818,181.82</font></p>
</td>
<td valign="top" width="103">
<p align="center"><font size="2" face="Times New Roman">$454,560.00</font></p>
</td>
<td valign="top" width="100">
<p align="center"><font size="2" face="Times New Roman">22.727</font></p>
</td>
</tr>
</table>
</div>

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

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

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>10
<FILENAME>forbearanceagt.htm
<DESCRIPTION>FORBEARANCE AGREEMENT
<TEXT>
<html>
<head>
<title>FORBEARANCE AGREEMENT AND FIRST</title>
</head>
<body link="blue" vlink="purple">
<p align="left"><b>EXHIBIT 10.2</b></p>



<p align="center"><font size="3" face="Times New Roman"><b>FORBEARANCE AGREEMENT</b></font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">THIS FORBEARANCE AGREEMENT (this &ldquo;<u>Forbearance Agreement</u>&rdquo;) is made and
entered into as of the 31st day of October, 2003, by and among MILLER INDUSTRIES, INC., a Tennessee corporation (the
&ldquo;<u>Company</u>&rdquo;, or &ldquo;<u>Parent</u>&rdquo;), and each of the other Subsidiaries of Parent listed on the signature
page hereto (together with Parent, collectively, &ldquo;<u>Borrowers</u>&rdquo;), the Lenders whose signatures appear on the
signature pages hereof (the &ldquo;<u>Lenders</u>&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;<u>Agents</u>&rdquo;).</font></p>

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

<p style="text-indent: 60"><font size="3" face="Times New Roman">WHEREAS, Borrowers, the Lenders and the Agents entered into that certain Credit<font
color="black">Agreement (as amended, the &ldquo;<u>Credit Agreement</u>&rdquo;, capitalized terms used but not defined herein shall
have the meaning assigned to such terms in the Credit Agreement), dated as of July 23, 2001, by and among Parent and certain of its
subsidiaries,&nbsp; the financial institutions party thereto from time to time as lenders (the &ldquo;<u>Lenders</u>&rdquo;), and
the Agents</font>; and</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">WHEREAS, the following<font color="black"> events have occurred which constitute Events of
Default under the Credit Agreement: (i)</font> the Borrowers have failed to timely deliver their Financial Statements for Fiscal
Year 2002 and, in conjunction therewith, have also failed to deliver a report of their independent certified public accountants
which is unqualified in any respect, which is</font> <font color="black">an Event of Default under <u>Section 5.2(a)</u> of the
Credit Agreement, as well as an Event of Default under Section 9.1(d) of the Credit Agreement as a result of the event of default
arising from such failure under the Junior Credit Agreement</font> (collectively the &ldquo;<u>Financial Statement
Default</u>&rdquo;); (ii)<font color="black"> the Borrowers have</font><font color="black">failed to fulfill certain payment
obligations to the Junior Creditors with respect to the Subordinated Debt, in accordance with the terms of the Junior Credit
Agreement, all as more specifically set forth in that certain letter dated as of July 29, 2003 from Junior Creditors&rsquo; Agent
to Company, which is an Event of Default under <u>Section 9.1(d)</u> of the Credit Agreement (collectively the&nbsp; &ldquo;<u>Junior Credit Agreement Payment Default</u>&rdquo;; and (iii) the Borrowers may have
failed to fulfill one or more of the financial covenants in Section 8.1(b) and 8.1(c) of the Junior Credit Agreement for one or
more of the fiscal quarters ending in Fiscal Year 2003, which failure would constitute an Event of Default under Section 9.1(d) of
the Credit Agreement (collectively the &ldquo;<u>Junior Credit Agreement Covenant Default</u>&rdquo;, and together with the Junior
Credit Agreement Payment Default and the Financial Statement Default, referred to herein collectively as the &ldquo;<u>Existing
Defaults</u>&rdquo;); and</font></p>

<p style="text-indent: 60"><font size="3" color="black" face="Times New Roman">WHEREAS, Borrowers were notified, pursuant to that certain letter dated June
11, 2003 from Collateral Agent to the Company, that</font> the <font color="black">Financial Statement Default had occurred and,
among other matters, that the Agents and Lenders had reserved and would continue to reserve all of their respective rights and
remedies; and&nbsp;</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&nbsp;WHEREAS, Borrowers were notified, pursuant to that certain Blockage Notice dated August 5,
2003 from Collateral Agent to the Company and Junior Creditors&rsquo; Agent, that the</font> Junior Credit Agreement Default <font
color="black">had occurred and, among other matters, that the Agents and Lenders had reserved and would continue to reserve all of
their respective rights and remedies; and</font><font color="black">&nbsp;</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">WHEREAS, by reason of the Existing Defaults, Collateral Agent, on behalf of the Lenders,
is authorized to exercise all remedies available to it under the Loan Documents, including, but not limited to, the right to
repossess and foreclose upon the Collateral; and</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">WHEREAS, despite the Existing Defaults, Borrowers desire that Collateral Agent and Lenders
(a) forbear from exercising remedies of suit, repossession and foreclosure otherwise available to Collateral Agent, on behalf of
the Lenders, under the Loan Documents; (b) continue to make available to Borrowers, Revolving Loans under the revolving credit
facility pursuant to Section 1.2 of the Credit Agreement (the &ldquo;Revolving Credit Facility&rdquo;) and make other concessions,
as set forth herein; and</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">WHEREAS, Agents and Lenders are willing to (a) forbear from pursuing their remedies in
connection with the Existing Defaults, (b) continue to make available to Borrowers the Revolving Credit Facility, and make other
concessions to the Borrowers, (collectively the &ldquo;<u>Borrowers&rsquo; Benefits</u>&rdquo;), all on the terms and conditions
contained herein, each of which terms and conditions, individually and in the aggregate, and including the performance thereof by
Borrowers, constitute the consideration to the Agents and Lenders for entering into this Forbearance Agreement, and in the absence
of any of which Agents and Lenders would not have entered into this Forbearance Agreement or otherwise extended to Borrowers the
Borrowers&rsquo; Benefits; and&nbsp;</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">WHEREAS, Borrowers each acknowledge and agree that the Borrowers&rsquo; Benefits hereunder
are of immediate and material benefit, financial and otherwise, to such Borrowers, and that neither Agents nor Lenders were or are
under any obligation to extend to Borrowers the Borrower Benefits provided hereunder.</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">NOW, THEREFORE, in consideration of the foregoing premises, and other good and valuable
consideration, the receipt and legal sufficiency of which are hereby acknowledged, the parties hereby agree as follows:</font></p>



<p style="text-indent: 60"><b><font size="3" face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Acknowledgments by Borrowers</u>.&nbsp;</font></b></p>



<p style="text-indent: 60">(a)&nbsp;&nbsp; Each of the Borrowers hereby acknowledges and agrees that (i) as of the close of <font size="3" face="Times New Roman">
business on October 30, 2003, the outstanding aggregate respective principal
balances of (A) the Revolving Loans totaled $26,042,020.37, (B) the aggregate
unpaid principal balance of the Term Loans totaled $1,351,000.00, and (C)
outstanding Letters of Credit totaled $1,092,241.70, in each case exclusive of
accrued interest, costs and attorney&#146;s fees chargeable to Borrowers under the
Loan Documents; (ii)&nbsp;the Existing Defaults have occurred, as set forth in the
Recitals, (iii) the Existing Defaults are continuing and have not been cured by
Borrowers or waived, released, extinguished or compromised by Agents or Lenders;
and (iv) as a result of the Existing Defaults, all of the Obligations under the
Loan Documents, at the election of the Required Lenders, could be declared
absolutely and immediately due and owing by Borrowers, and Collateral Agent, on
behalf of the Lenders, would have full legal right to exercise any and all
rights and remedies under the Loan Documents or otherwise available at law and
in equity with respect thereto.</font></p>

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



<p style="text-indent: 60"><font size="3" face="Times New Roman">(b)&nbsp;&nbsp; Each of the Borrowers acknowledges and agrees that, notwithstanding the
agreement of Agents and Lenders herein to (i) make additional Revolving Loans and issue additional guaranties of Letters of Credit
under the Revolving Credit Facility (collectively &ldquo;<u>Revolving Credit Loans</u>&rdquo;), or (ii) to forbear from exercising
their rights and remedies under the Loan Documents and applicable law, in no event shall any of&nbsp; such actions by Agents or
Lenders be deemed a waiver, release, extinguishment, compromise or cure of the Existing Defaults or of any other current or future
Default or Event of Default.</font></p>



<ol start="2" type="1">
<li>
<p style="text-indent: 60"><font size="3" face="Times New Roman"><b>&nbsp; <u>Forbearance Period, Conditions and Waivers</u></b>.</font></li>
</ol>

<p style="text-indent: 60"><font size="3" face="Times New Roman">(a)&nbsp;&nbsp; <u>Forbearance</u>.&nbsp; During the period commencing on the date hereof
and ending, immediately and without notice, on the earlier to occur of (x) December 31, 2003, or (y) the occurrence of an Event of
Default specified in Sections 9.1(e) or 9.1(f) of the Credit Agreement or (z) the date that any default with respect to, or other
failure of, the Forbearance Conditions as defined in and set forth in Section 2(b) hereof occurs (the &ldquo;<u>Forbearance
Period</u>&rdquo;), Agents and Lenders agree that they will not, but only by reason of the Existing Defaults:</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; exercise any of the rights or remedies
available to them under the Loan Documents or under any applicable law to enforce collection from Borrowers of any Obligations or
foreclose upon their security interest(s) in any of the Collateral; or</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; refuse to make Revolving Loans, or issue
Letters of Credit for the account of the Borrowers; or</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; accelerate the maturity date of any of the
Obligations; or</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; institute suit against the Borrowers or any of
their assets.</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(b)&nbsp;&nbsp; <u>Conditions to Forbearance</u>.&nbsp; Each of the following conditions
shall constitute a forbearance condition (&ldquo;<u>Forbearance Condition</u>&rdquo;), the continuing satisfaction of each and
every one of which shall be a continuing condition to the agreement of Agents and Lenders to forbear as set forth above in this
Section 2:</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except with respect to the Existing Defaults and except as otherwise expressly
provided hereinafter in Section 2(f) of this Forbearance Agreement, Borrowers shall duly observe and perform each and every
obligation and covenant on their&nbsp; respective parts to be performed under the Loan Documents, this Forbearance Agreement and
any agreement, instrument or document executed in connection with this Forbearance Agreement including, without limitation,
Borrowers&rsquo; obligations to pay to Agents, on behalf of the Lenders, all installments of principal, interest, fees, charges,
expenses and premiums, as and when the same are due and payable pursuant to the Credit Agreement (whether due at stated maturity,
upon acceleration or otherwise); and</font></p>



<p align="center"><font face="Times New Roman" size="2">3<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No Default or Event of Default shall exist or shall have occurred under any of the
terms, conditions, provisions or covenants of the Loan Documents, or this Forbearance Agreement, except the Existing Defaults;
and</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The representations and warranties contained in the Loan Documents, this Forbearance
Agreement and any agreement, instrument or document executed in connection herewith or pursuant hereto shall be true and correct in
all material respects as of the date of this Forbearance Agreement and shall continue to be true and correct in all material
respects at all times hereafter (except to the extent that any such representation or warranty (x) by its express terms, relates to
a prior specific date or period or (y) is untrue as a result of the occurrence or continuance of any of the Existing Defaults);
and</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Borrowers shall provide to the Collateral Agent copies or, in the case of verbal
notices information in respect of, any and all notices and correspondence of any kind whatsoever from any equipment or inventory
vendor, or other material trade creditor, with respect to any default in payment of the amounts due such vendor or trade creditor
in excess of $10,000, within two (2) Business Days after the receipt of any such notice or correspondence.; and</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Borrowers shall provide to the Collateral Agent, on the date
Borrower&rsquo;s are required to provide a Borrowing Base Certificate pursuant to Section 5.2(l) of the Credit Agreement, a report
describing Borrowers&rsquo; actual financial performance and utilizing income expense and other categories listed on Schedule I
hereto and a variance analysis of actual versus projected financial performance for the applicable reporting period.</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Payment of the
Obligations</u>:&nbsp;&nbsp; During the Forbearance Period, for so long as each of the Forbearance Conditions is satisfied, except
as otherwise expressly set forth in Section 2(f) of this Forbearance Agreement, the Obligations shall be payable by Borrowers in
accordance with the provisions of the Loan Documents, applicable as though no Default or Event of Default had occurred.&nbsp; From
and after the date on which any of the Forbearance Conditions shall cease to be satisfied, the Obligations, at the election of the
Required Lenders, may be collected by whatever means are authorized by the Loan Documents and by applicable law.</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Effect and Construction of
Forbearance</u>:&nbsp;&nbsp; Except as otherwise expressly provided herein, the Credit Agreement and the other Loan Documents shall
remain in full force and effect in accordance with their respective terms, and neither this Forbearance Agreement nor the making of
any Revolving Loans simultaneously herewith or subsequent hereto shall be construed to:&nbsp; (i)
impair the validity, perfection or priority of any lien or security interest
securing the Obligations; (ii) waive or impair any rights, powers or remedies of
Agents or Lenders under the Credit Agreement and the other Loan Documents upon
termination of the Forbearance Period, with respect to the Existing Defaults or
otherwise; (iii) constitute an agreement by Agents or Lenders or require Agents
or Lenders to extend the Forbearance Period or grant additional forbearance
periods, extend the term of the Credit Agreement or the time for payment of any
of the Obligations; (iv) require Agents or Lenders to make any Revolving Loans
or other extensions of credit to Borrowers after termination of the Forbearance
Period, other than in Agents&#146; or</font></p>



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



<p><font size="3" face="Times New Roman">Lenders&#146; sole and absolute discretion;
or (v) constitute a waiver of any right of Agents or Lenders to insist on strict
compliance by Borrowers with each and every term, condition and covenant of this
Forbearance Agreement and the Loan Documents, except as expressly provided
herein. This Forbearance Agreement does not constitute an amendment to the
Credit Agreement, but rather, constitutes a temporary supplement thereto.&nbsp;
The terms and provisions of the Credit Agreement and the other Loan&nbsp;
Documents are expressly incorporated by reference herein except to the extent
such terms and provisions conflict with the terms and provisions of this
Forbearance Agreement, in which case, during the Forbearance Period, but not
otherwise, the terms of this Forbearance Agreement shall control.</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>No Course of Dealing or Performance</u>:&nbsp; Each of the
Borrowers acknowledges and agrees that the agreement of Agents and Lenders to forbear from exercising their rights and remedies
under the Loan Documents with respect to the Existing Defaults pursuant to and as reflected in this Forbearance Agreement, does not
and shall not create (nor shall Borrowers rely upon the existence of or claim or assert that there exists) any obligation of Agents
or Lenders to consider or agree to any waiver or any further forbearance and, in the event that Agents or Lenders subsequently
agree to consider any waiver or any further forbearance, neither the existence of any prior forbearance, nor this Forbearance
Agreement, nor any other conduct of the Agents or Lenders, or any of them, shall be of any force or effect on any consideration or
decision with respect to any such requested waiver or forbearance, and neither Agents nor any Lender shall have any obligation
whatsoever to consider or agree to further forbear from the exercise of remedies in respect of or to waive any other Default or
Event of Default.&nbsp; In addition, neither (w) the execution and delivery of this Forbearance Agreement, (x) the actions of
Agents or Lenders in obtaining or analyzing any information from Borrowers, whether or not related to consideration of any waiver,
modification, forbearance or alteration of the Credit Agreement, any Default or Event of Default thereunder, or otherwise,
including, without limitation, any discussions or negotiations (heretofore or, if any, hereafter) between Agents or Lenders and
Borrowers regarding any potential waiver, modification, forbearance or amendment related to the Credit Agreement, (y) any failure
of Agents or Lenders to exercise any of their rights under, pursuant or with respect to the Credit Agreement, nor (z) any action,
inaction, waiver, forbearance, amendment or other modification of or with respect to the Credit Agreement, shall, unless evidenced
by a written agreement (and then only to the extent provided by the express provisions thereof):</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Constitute a waiver by Agents or any
Lender of, or, except to the extent expressly provided herein, an agreement by Agents or any Lender to forebear from the exercise
of remedies with respect to, any Default or Event of Default under the Credit Agreement;</font></p>

<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Constitute a waiver by or estoppel of
Agents or any Lender as to the satisfaction or lack of satisfaction of any covenant, term or condition set forth in the Credit
Agreement; or</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Constitute an amendment to or modification of,
or an agreement on the part of Agents or any Lender to enter into any amendment to or modification of, or an agreement to negotiate
or continue to negotiate with respect to, the Credit Agreement.</font></p>



<p align="center"><font face="Times New Roman" size="2">5<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>



<p>&nbsp;</p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (f)&nbsp;&nbsp;
<u>Waivers and Temporary Modifications of Credit Agreement</u>.</font></p>



<p style="text-indent: 60; margin-left:60"><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;
(i)&nbsp;&nbsp; During the Forbearance&nbsp; Period, the Obligations shall bear interest at an  annual rate
equal to the Base Rate plus 2.75%.</font></p>



<p style="text-indent: 60; margin-left:60"><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;
(ii)&nbsp;&nbsp; Each of the two respective payments otherwise due, pursuant to Section 2.7
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; of the &nbsp;&nbsp; Credit Agreement, on each of&nbsp; November 1, 2003 and
December 1, 2003, in each  case provided that the Forbearance Period has not ended prior to such date,
shall be  waived.</font></p>



<p style="text-indent: 60; margin-left:60"><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;
(iii)&nbsp;&nbsp; During the Forbearance Period, but not thereafter, any early termination fee
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; that would otherwise be due and payable in accordance with Section 3.2(b) of
the Loan Agreement shall be waived.</font></p>



<p style="text-indent: 60; margin-left:60"><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;
(iv)&nbsp;&nbsp; Any and all breaches of any of the covenants set forth in Sections 7.23 and
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.24 of the Credit Agreement, in respect of the fiscal quarter of the
Borrowers ended September 30, 2003,  are hereby waived.</font></p>

<p style="text-indent: 60"><b><font size="3" face="Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Representations, Warranties, Covenants and Acknowledgments;
Release</u></font></b>.&nbsp; To induce the Lenders and the Agents to enter into this Forbearance Agreement:</p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each of the Borrowers represents and
warrants that, upon and after giving effect to this Forbearance Agreement, (i) except for the Existing Defaults, each of the
representations and warranties made by it under the Loan Documents, other than representations and warranties that speak as of an
earlier date, are true and correct with respect to it, (ii) each has the power and authority and is duly authorized to enter into,
deliver and perform this Forbearance Agreement, (iii)&nbsp;this Forbearance Agreement, the Credit Agreement and each of the other
Loan Documents to which it is a party is the legal, valid and binding obligation thereof, enforceable against it in accordance with
its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization or other similar laws
affecting creditors&rsquo; rights generally and by general principles of equity (regardless of whether enforcement is sought in
equity or in law), and (iv) the execution, delivery and performance of this Forbearance Agreement in accordance with its terms do
not and will not, with the passage of time, the giving of notice or otherwise: (A) require approval by any Governmental Authority
or violate any applicable law relating thereto; (B)&nbsp;conflict with, result in a breach of or constitute a default under (1) the
articles or certificate of incorporation, or the by-laws thereof; (2) any indenture, material agreement or other material
instrument to which it is a party or by which any of its properties may be bound, or (3) any approval by any Governmental Authority
relating thereto; or (C) result in or require the creation or imposition of any Lien upon or with respect to any property now owned

or hereafter acquired by it other than Permitted Liens;</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each of the Borrowers agrees that this
Forbearance Agreement is not intended to be, and is not, a novation of any of the Loan Documents or any of the Obligations
thereunder and does hereby reaffirm each of the agreements, covenants, and undertakings made by it under the Credit Agreement and
each and every other Loan Document executed by it in connection therewith or pursuant thereto, in each case as if each such
Borrower were making said agreements, covenants and undertakings on the effective date hereof, except with respect to such
agreements, covenants and undertakings which, by their express terms, are applicable only to a specific date;</font></p>



<p align="center"><font face="Times New Roman" size="2">6<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Each of the Borrowers does hereby
acknowledge and agree that, as of the date hereof, no right of offset, defense, counterclaim, claim, causes of action or objection
in favor of any Borrower against any of the Lenders or the Agents exists arising out of or with respect to (i) the Obligations,
this Forbearance Agreement, the Credit Agreement or any of the other Loan Documents, (ii) any other documents evidencing, securing
or in any way relating to the foregoing, or (iii) the administration or funding of the Loans or any other Obligations;
and</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(d)&nbsp;&nbsp; As a material inducement to Agents and Lenders to enter into this
Forbearance Agreement and to continue to make Revolving Loans under the Revolving Credit Facility all in accordance with and
subject to the terms and conditions of this Forbearance Agreement and the Credit Agreement, and all of which are to the direct
advantage and benefit of each Borrower, each of the Borrowers, for themselves and their respective successors and assigns, (i) does
hereby remise, release, waive, relinquish, acquit, satisfy and forever discharge each Agent and each Lender, and all of the
respective past, present and future officers, directors, employees, agents, affiliates, attorneys, representatives, participants,
heirs, successors and assigns of each Agent and each Lender (collectively the &ldquo;<u>Discharged Parties</u>&rdquo; and each a
&ldquo;<u>Discharged Party</u>&rdquo;), from any and all manner of debts, accountings, bonds, warranties, representations,
covenants, promises, contracts, controversies, agreements, liabilities, obligations, expenses, damages, judgments, executions,
actions, suits, claims, counterclaims, demands, defenses, setoffs, objections 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, including, but not limited to,
any and all claims which may be based on allegations of breach of contract, failure to lend, fraud, promissory estoppel, libel,
slander, usury, negligence, misrepresentation, breach of fiduciary duty, bad faith, lender malpractice, undue influence, duress,
tortious interference with contractual relations, interference with management, or misuse of control which any Borrower now has or
hereafter can, shall or may have by reason of any matter, cause, thing or event occurring on or prior to the date of this
Forbearance Agreement arising out of, in connection with or relating to (i) the Obligations, including, but not limited to, the
administration or funding thereof, (ii) any of the Loan Documents or the indebtedness evidenced and secured thereby, and (iii) any
other agreement or transaction between any Borrower and any Discharged Party relating to or in connection with the Loan Documents
or the transactions contemplated therein; 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 any Discharged
Party, by reason of or in connection with any of the foregoing matters, claims or causes of action, <u>provided</u>,
<u>however</u>, that the foregoing release and covenant not to sue shall not apply to any claims arising after the date of this
Forbearance Agreement with respect to acts, occurrences or events after the date of this Forbearance Agreement.</font></p>



<p align="center"><font face="Times New Roman" size="2">7<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(e)&nbsp;&nbsp; The Borrowers agree, in respect of any financial advisor retained by the
Collateral Agent (a &ldquo;<u>Financial Advisor</u>&rdquo;) to monitor Borrowers&rsquo; compliance with the terms and conditions of
the Credit Agreement and this Forbearance Agreement, to otherwise request, receive and analyze such other information regarding the
Borrowers as the Collateral Agent or a Financial Advisor may reasonably request, and to report to the Collateral Agent and the
Lenders any or all of the same, that the Borrowers shall, promptly upon the request of the Collateral Agent or a Financial Advisor,
grant to a Financial Advisor and to any of Collateral Agent&rsquo;s employees or other representatives access to Borrowers&rsquo;
personnel, books and records during business hours and, upon advance notice which is commercially reasonable under the
circumstances, outside normal business hours, and to otherwise cooperate with and assist any such Financial Advisor, and Borrowers
shall pay all of the reasonable fees and expenses of any such Financial Advisor. The current Financial Advisor to the Collateral
Agent as of the date of this Forbearance Agreement is Moore Colson; however, the Collateral Agent reserves the right to change
Financial Advisors from time to time, but the Borrowers shall not be required to pay the fees or expenses of more than one
Financial Advisor for any applicable period, if any, during which more than one Financial Advisor has been retained by the
Collateral Agent.</font></p>



<p style="text-indent: 60"><b><font size="3" face="Times New Roman">4.&nbsp;&nbsp;&nbsp; <u>Conditions Precedent</u></font></b>.&nbsp; The effectiveness of
this Forbearance Agreement is subject to the following conditions precedent:</p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Delivery of Documents</u>.&nbsp; The
Collateral Agent shall have received from the Borrowers the following documents, all in form and substance acceptable to Collateral
Agent in its sole discretion:</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; executed originals of this Forbearance
Agreement;</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; weekly projections of financial
performance, in the form attached hereto
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
as <u>Schedule I</u>, for the period of time described in such schedule;</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; executed originals of the Seventh Amendment
(hereinafter defined);</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; originals of the Participation Agreement, as
defined in the Seventh
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amendment, executed by all parties thereto other than Agents and
&nbsp;Lenders; and</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; such other documents and instruments as the
Agents or any Lender may reasonably request.</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Seventh Amendment</u>.&nbsp; That certain
Seventh Amendment to the Credit Agreement, dated as of the date hereof, between and among Borrowers, Agents and Lenders (the
&ldquo;<u>Seventh Amendment</u>&rdquo;) shall have been executed and delivered by all parties thereto, and all conditions set forth
therein to the effectiveness thereof other than the effectiveness of this Forbearance Agreement shall have been satisfied in
accordance with the terms and conditions of the Seventh Amendment.</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>No Events of Default</u>.&nbsp; After giving effect to this Forbearance Agreement,
no Default or Event of Default, other than in the Existing Defaults, shall have occurred and be continuing under the Credit
Agreement or any other Loan Document.</font></p>



<p align="center"><font face="Times New Roman" size="2">8<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>



<p style="text-indent: 60"><b><font size="3" face="Times New Roman">5.</font></b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><u>Additional
Acknowledgments</u></b>.&nbsp; Each of the Borrowers expressly acknowledges and agrees that the waivers, estoppels and releases in
favor of each Agent and each Lender contained in this Forbearance Agreement shall not be construed as an admission of any
wrongdoing, liability or culpability on the part of any Agent or Lender, or as an admission by any Agent or Lender of the existence
of any claims by any Borrower against any Agent or Lender.&nbsp; Each of the Borrowers 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 &ldquo;nuisance&rdquo; value or
&ldquo;leverage&rdquo; value in adversarial proceedings between any Borrower and any Agent or Lender.&nbsp; In any event, each of
the Borrowers acknowledges and agrees that the value to such Borrower of the covenants and agreements on the part of each Agent and
Lender contained in this Forbearance Agreement 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.</p>



<p style="text-indent: 60"><b><font size="3" face="Times New Roman">6.</font></b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><u>Fees and</u></b>
<b><u>Expenses</u></b>.&nbsp;</p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(a)&nbsp;&nbsp; In consideration of the forbearances and waivers of the Agents and Lenders
hereunder, and in further consideration of the provision to the Borrowers of the Borrowers&rsquo; Benefits, the Borrowers agree to
pay to the Collateral Agent for the benefit of the Lenders:</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i)&nbsp;&nbsp; a fee
in the amount of $200,000 (the &ldquo;<u>Waiver and Forbearance Fee</u>&rdquo;), which

shall be fully earned and due when this Forbearance Agreement becomes effective in

accordance with the express provisions hereof, but which shall not be
payable until the  earlier of (i) December 31, 2003 or (ii) the date on which all other
Obligations are paid or  otherwise satisfied in full in
accordance with the provisions of the Credit Agreement; and</font></p>



<p style="text-indent: 60; margin-left:60"><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii)&nbsp; an
additional fee in the amount of $100,000 (the &ldquo;<u>Contingent Payment Fee</u>&rdquo;),
which shall be fully earned and due when this Forbearance Agreement becomes
effective&nbsp; in accordance with the express provisions hereof, but which shall not be payable until December 31, 2003; <u>provided</u>, <u>however</u>, that the Contingent Payment Fee shall be
waived  in its entirety if, at or before the close of business on
December 30, 2003, all of the other  Obligations are paid or otherwise
satisfied in full in accordance with the terms and  conditions of the Credit Agreement.&nbsp;&nbsp;</font></p>



<p style="text-indent: 60"><font size="3" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In addition to the fees, costs and expenses
recoverable by the Collateral Agent and the Lenders under, but without limiting the generality of, Section 13.7 of the Credit
Agreement, the Borrowers agree to pay on demand, without duplication, all reasonable and actual costs and expenses incurred by the
Lenders and Agents in connection with the preparation, execution, delivery and enforcement of this Forbearance Agreement and all
other documents, instruments and agreements entered into in connection herewith and in connection with any other transactions
contemplated hereby, including, without limitation, the reasonable fees and out-of-pocket expenses of legal counsel to the Lenders
and Agents and any Financial Advisor (collectively the &ldquo;<u>Expenses</u>&rdquo;).&nbsp; The Borrowers authorize and direct the
Collateral Agent, for the benefit of the Agents and the Lenders, to charge the Expenses to the Revolving Credit Facility by
increasing the principal amount of the Revolving Loans by the amount of the Expenses.</font></p>



<p align="center"><font face="Times New Roman" size="2">9<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>



<p style="text-indent: 60"><b><font size="3" face="Times New Roman">7.&nbsp;&nbsp;&nbsp;&nbsp; <u>Miscellaneous</u></font></b>.&nbsp; Each of the Borrowers
agrees to take such further action as the Agents shall reasonably request in connection herewith to evidence the agreement and
consent herein contained.&nbsp; This Forbearance Agreement 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; This Forbearance Agreement shall be binding
upon and inure to the benefit of the successors and permitted assigns of the parties hereto.&nbsp; This Forbearance Agreement shall
be governed by, and construed and enforced in accordance with, the internal laws of the State of Georgia, but without giving effect
to principles of conflicts of laws thereof.&nbsp; This Forbearance Agreement may not be modified, altered or amended except by
agreement in writing signed by all of the parties hereto.&nbsp; Each Borrower acknowledges that it has consulted with counsel and
with such other expert advisors as it deemed necessary in connection with the negotiation, execution and delivery of this
Forbearance Agreement.&nbsp; This Forbearance Agreement shall constitute a Loan Document and, among other matters, any claim or
cause of action based upon or arising out of or related to this Forbearance Agreement shall be subject to the waiver of jury trial
set forth in Section 13.4 of the Credit Agreement. This Forbearance Agreement shall be construed without regard to any presumption
or rule requiring that it be construed against the party causing this Forbearance Agreement or any part hereof to be drafted.&nbsp;
Nothing in this Forbearance Agreement shall be construed to alter the debtor-creditor relationship between Borrowers and the
Lenders and Agents.&nbsp; This Forbearance Agreement is not intended as, nor shall it be construed to create, a partnership or
joint venture relationship between or among any of the parties.&nbsp; This Forbearance Agreement together with the Loan Documents,
including without limitation the Seventh Amendment, embodies the entire understanding and agreement between and among the parties
hereto and thereto with respect to the subject matter hereof and thereof and supersedes all prior agreements, understandings and
inducements, whether express or implied, oral or written.</p>



<p align="center"><font size="3" face="Times New Roman">[Signature Pages Follow]</font></p>
&nbsp;<p>&nbsp;</p>
<p>&nbsp;</p>
<p align="center"><font face="Times New Roman" size="2">10<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>

<p style="text-indent: 60"><font size="3" face="Times New Roman">&nbsp;IN
WITNESS WHEREOF, Borrowers, the Agents and the Lenders have caused this
Forbearance Agreement to be duly executed, all as of the date first above
written.</font></p>



<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="681">
  <tr>
    <td width="332"><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="349"><b><font size="3" face="Times New Roman">&ldquo;PARENT&rdquo;</font></b></td>
  </tr>
  <tr>
    <td width="332"><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="349"><b><font size="3" face="Times New Roman">MILLER INDUSTRIES, INC.</font></b></td>
  </tr>
  <tr>
    <td width="332">&nbsp;</td>
    <td width="349">&nbsp;</td>
  </tr>
  <tr>
    <td width="332"><font face="Times New Roman">&nbsp;</font></td>
    <td width="349"><font size="3" face="Times New Roman">By:</font><u><font face="Times New Roman">&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;
    </font></u></td>
  </tr>
  <tr>
    <td width="332"><font face="Times New Roman">&nbsp;</font></td>
    <td width="349"><font size="3" face="Times New Roman">&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; Chief Financial
Officer</font></td>
  </tr>
  <tr>
    <td width="332"><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="349"><b><font size="3" face="Times New Roman">&ldquo;SUBSIDIARY MILLER BORROWERS&rdquo;</font></b></td>
  </tr>
  <tr>
    <td width="332"><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="349"><b><font size="3" face="Times New Roman">APACO, INC.<br>
    B&amp;B ASSOCIATED INDUSTRIES, INC.<br>
    CHEVRON, INC.<br>
    CENTURY HOLDINGS, INC.<br>
    CHAMPION CARRIER CORPORATION<br>
    COMPETITION WHEELIFT, INC.<br>
    GOLDEN WEST TOWING EQUIPMENT INC.<br>
    KING AUTOMOTIVE &amp; INDUSTRIAL<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EQUIPMENT, INC.<br>
    MID AMERICA WRECKER &amp; EQUIPMENT<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SALES, INC. OF COLORADO<br>
    MILLER FINANCIAL SERVICES GROUP,<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
    MILLER/GREENEVILLE, INC.<br>
    MILLER INDUSTRIES DISTRIBUTING, INC.<br>
    MILLER INDUSTRIES INTERNATIONAL,<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
    MILLER INDUSTRIES TOWING<br>
    &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.</font></b></td>
  </tr>
  <tr>
    <td width="332">&nbsp;</td>
    <td width="349">&nbsp;<p><font size="3" face="Times New Roman">By:</font><u><font face="Times New Roman">&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;
    </font></u><font size="3" face="Times New Roman"><br>
    &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; Attorney-in-Fact of
each entity listed<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; above</font></p>

    </td>
  </tr>
  <tr>
    <td width="332">&nbsp;</td>
    <td width="349">&nbsp;<p><font size="3" face="Times New Roman">[signatures continued on next page]</font></p>







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



<p>&nbsp;</p>







<p align="center"><font face="Times New Roman" size="2">&nbsp;<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="681">
  <tr>
    <td width="329">&nbsp;</td>
    <td width="352"><b><font size="3" face="Times New Roman">&ldquo;SUBSIDIARY ROADONE BORROWERS&rdquo;</font></b><p>
    <b><font face="Times New Roman">&nbsp;</font></b></p>

    </td>
  </tr>
  <tr>
    <td width="329">&nbsp;</td>
    <td width="352"><b><font size="3" face="Times New Roman">AETEX, INC., f/k/a A-EXCELLENCE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOWING
CO.<br>
    ALL AMERICAN TOWING SERVICES,<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
    B-G TOWING, INC.<br>
    BEAR TRANSPORTATION, INC.<br>
    BTRCX, INC. f/k/a BERT&rsquo;S TOWING<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RECOVERY<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CORPORATION<br>
    BBSX, INC. f/k/a BOB BOLIN SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.<br>
    BASIEX, INC. f/k/a BOB&rsquo;S AUTO SERVICE,<br>
&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;
INC.<br>
    BTRX, INC.<br>
    BVSWS, INC. f/k/a BOB VINCENT AND SONS<br>
    &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WRECKER SERVICE, INC.<br>
    CAL WEST TOWING, INC.<br>
    CBTX, INC., f/k/a CEDAR BLUFF 24 HOUR<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOWING,
INC.<br>
    CCASX, INC.<br>
    CEX, INC., f/k/a CHAD&rsquo;S INC.<br>
    CVDC, f/k/a CLEVELAND VEHICLE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DETENTION CENTER,
INC.<br>
    D.A. HANELINE, INC.<br>
    DVREX, INC.<br>
    DOLLAR ENTERPRISES, INC.<br>
    DSX, INC., f/k/a DUGGER&rsquo;S SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.<br>
    GMAR, INC., f/k/a GOOD MECHANIC AUTO<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CO. OF RICHFIELD, INC.<br>
    GREAT AMERICA TOWING, INC.<br>
    GREG&rsquo;S TOWING, INC.<br>
    HTX, INC.<br>
    LTSX, INC., f/k/a LAZER TOW SERVICES,<br>
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INC.<br>
    LASX, INC.<br>
    LWKR, INC.<br>
    MAEJO, INC.<br>
    MEL&rsquo;S ACQUISITION CORP.<br>
    MGEX, INC.<br>
    MSTEX, INC.<br>
    MTSX INC.</font></b></td>
  </tr>
</table>

<p>&nbsp;</p>

<p align="center"><font size="2" face="Times New Roman">12<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="681">
  <tr>
    <td width="329">&nbsp;</td>
    <td width="352"><b><font size="3" face="Times New Roman">MURPHY&rsquo;S TOWING, INC.<br>
P.A.T., INC.<br>
PEX, INC., f/k/a/ PIPES ENTERPRISES,<br>
&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;INC.<br>
RMA ACQUISITION CORP.<br>
RRIC ACQUISITION CORP.<br>
RSX, INC., f/k/a RECOVERY SERVICES,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; INC.<br>
ROAD ONE, 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; TRANSPORTATION, INC.<br>
ROADONE TRANSPORTATION AND<br>
&nbsp;&nbsp;&nbsp; LOGISTICS, INC.<br>
R.M.W.S., INC.<br>
SWSX, INC. (f/k/a SUBURBAN WRECKER<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SERVICE,
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; COUNTY, INC.<br>
TSSC, INC., f/k/a TRUCK SALES &amp; SALVAGE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CO., INC.<br>
TWSX, INC.<br>
WSX, INC., f/k/a WES&rsquo;S SERVICE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; INCORPORATED<br>
WTX, INC. (f/k/a WILTSE TOWING, INC.)<br>
WTC, INC.<br>
WTEX, INC.<br>
ZTRX, INC., f/k/a ZEHNER TOWING &amp;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; RECOVERY, INC.</font></b></td>
  </tr>
  <tr>
    <td width="329">&nbsp;</td>
    <td width="352">&nbsp;</td>
  </tr>
  <tr>
    <td width="329">&nbsp;</td>
    <td width="352"><font size="3" face="Times New Roman">By:</font><u><font face="Times New Roman">&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;
    </font></u><font size="3" face="Times New Roman"><br>
&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; Attorney-in-Fact of
each entity listed<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; above</font></td>
  </tr>
</table>

<p align="center"><font size="2" face="Times New Roman">13<hr size="1" color="#000080" STYLE="page-break-after: always"></font>&nbsp;
<p align="center">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="681">
  <tr>
    <td width="327"><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="354"><b><font size="3" face="Times New Roman">&ldquo;ADMINISTRATIVE AGENT,<br>
    SYNDICATION AGENT AND EXISTING<br>
    TITLED COLLATERAL AGENT&rdquo;</font></b></td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354">&nbsp;</td>
  </tr>
  <tr>
    <td width="327"><font face="Times New Roman">&nbsp;</font></td>
    <td width="354"><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></td>
  </tr>
  <tr>
    <td width="327">&nbsp; </td>
    <td width="354">&nbsp;<p>&nbsp;</p>

    </td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354"><font size="3" face="Times New

Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;/s/ Sherry Lail&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">Name:&nbsp;&nbsp; Sherry Lail<u><br>
</u>Title:&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President</font></td>
  </tr>
  <tr>
    <td width="327">&nbsp; </td>
    <td width="354">&nbsp;<p>&nbsp;</p>

    </td>
  </tr>
  <tr>
    <td width="327"><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="354"><b><font size="3" face="Times New Roman">&ldquo;LETTER OF CREDIT ISSUER&rdquo;</font></b></td>
  </tr>
  <tr>
    <td width="327"><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="354"><b><font face="Times New Roman">&nbsp;</font></b></td>
  </tr>
  <tr>
    <td width="327"><font face="Times New Roman">&nbsp;</font></td>
    <td width="354"><font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as Letter of<br>
    Credit Issuer</font><p><font face="Times New Roman">&nbsp;</font></p>

    </td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354"><font size="3" face="Times New

Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;/s/ Sherry Lail&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">Name:&nbsp;&nbsp; Sherry Lail<u><br>
</u>Title:&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President</font></td>
  </tr>
  <tr>
    <td width="327">&nbsp;<p><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="354"><b><font size="3" face="Times New Roman">&ldquo;COLLATERAL AGENT&rdquo;</font></b></td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354"><font size="3" face="Times New Roman">THE CIT GROUP/BUSINESS CREDIT, INC., as<br>
    Collateral Agent</font></td>
  </tr>
  <tr>
    <td width="327">&nbsp; </td>
    <td width="354">&nbsp;<p>&nbsp;</p>

    </td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354"><font size="3" face="Times New Roman">By:<u>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u><br>
Name: Kenneth B. Butler<br>
Title: Vice President</font></td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354">&nbsp;</td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354"><b><font size="3" face="Times New Roman">&ldquo;LENDERS&rdquo;</font></b><p>
    <b><font face="Times New Roman">&nbsp;</font></b></p>



    </td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354"><font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as a Lender</font></td>
  </tr>
  <tr>
    <td width="327">&nbsp; </td>
    <td width="354">&nbsp;<p>&nbsp;</p>

    </td>
  </tr>
  <tr>
    <td width="327">&nbsp;</td>
    <td width="354"><font size="3" face="Times New

Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;/s/ Sherry Lail&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">Name:&nbsp;&nbsp; Sherry Lail<u><br>
</u>Title:&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President</font></td>
  </tr>
</table>
<p align="center"><font face="Times New Roman" size="2">&nbsp;<hr size="1" color="#000080" STYLE="page-break-after: always">
</font>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="681">
  <tr>
    <td width="325">&nbsp;</td>
    <td width="356"><font size="3" face="Times New Roman">THE CIT GROUP/BUSINESS CREDIT, INC.,<br>
    as a Lender</font></td>
  </tr>
  <tr>
    <td width="325">&nbsp;</td>
    <td width="356"><font face="Times New Roman">&nbsp;</font></td>
  </tr>
  <tr>
    <td width="325">&nbsp;</td>
    <td width="356"><font size="3" face="Times New Roman">By:<u>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u><br>
Name: Kenneth B. Butler<br>
Title: Vice President</font></td>
  </tr>
  <tr>
    <td width="327">&nbsp; </td>
    <td width="354">&nbsp;<p>&nbsp;</p>

    </td>
  </tr>
  <tr>
    <td width="325">&nbsp;</td>
    <td width="356"><font size="3" face="Times New Roman">FLEET CAPITAL CORPORATION, as a Lender</font></td>
  </tr>
  <tr>
    <td width="327">&nbsp; </td>
    <td width="354">&nbsp;<p>&nbsp;</p>

    </td>
  </tr>
  <tr>
    <td width="325">&nbsp;</td>
    <td width="356"><font size="3" face="Times New Roman">By:&nbsp; <u>&nbsp; /s/ Wes Mannis&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u><br>
Name: Wes Mannis<br>
Title: VP</font></td>
  </tr>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p align="center"><font size="2">15</font></p>
</body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>11
<FILENAME>participationltr.htm
<DESCRIPTION>PARTICIPATION AGREEMENT
<TEXT>
<html>
<head>
<title>Participation Letter</title>
</head>
<body>
<p align="left"><b>EXHIBIT 10.3</b></p>

<p align="center"><font size="3" face="Times New Roman">The CIT Group/Business Credit, Inc.<br>
900 Ashwood Parkway<br>
Suite 610<br>
Atlanta, GA 30338</font></p>

<p align="center"><font size="3" face="Times New Roman">October 31, 2003</font></p>

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

<p><font size="3" face="Times New Roman">Mr. William G. Miller<br>
5025 Harrington Road<br>
Alpharetta, Georgia 30022</font></p>

<p><font size="3" face="Times New Roman">Re:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Participation Agreement</u></font></p>

<p><font size="3" face="Times New Roman">Dear Mr. Miller:</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">The undersigned refer to (a) that certain Credit Agreement, dated as of July 23, 2001, by
and among Miller Industries, Inc. (&ldquo;<u>Parent</u>&rdquo;) and certain of its subsidiaries, the financial institutions party
thereto from time to time as lenders (the &ldquo;<u>Lenders</u>&rdquo;), and the Agents (as amended, supplemented or otherwise
modified from time to time, the &ldquo;<u>Credit Agreement</u>&rdquo;), providing for a credit facility consisting of Revolving
Loans, Letters of Credit and Term Loans in the original aggregate principal amount of up to $110,000,000 (as such terms are defined
in the Credit Agreement, collectively, the &ldquo;<u>Existing Credit Facilities</u>&rdquo;); (b)&nbsp;that certain Forbearance
Agreement, dated as of October 31, 2003, among the Borrowers, Lenders and Agents (the &ldquo;<u>Forbearance Agreement</u>&rdquo;),
and (c) that certain Seventh Amendment to Credit Agreement, also dated as of October 31, 2003, among the Borrowers, Lenders and
Agents (the &ldquo;<u>Seventh Amendment</u>&rdquo;) further amending the Credit Agreement to, among other matters, provide for the
extension by the Lenders to the Borrowers of an additional Term Loan, due on the Termination Date, in the principal amount of
$2,000,000 (the &ldquo;<u>New Term Loan</u>&rdquo;). Capitalized terms used but not defined herein shall have the respective
meanings ascribed to such terms in the Credit Agreement or the Forbearance Agreement, as the case may be.&nbsp; As used herein, the
term &ldquo;<u>Participation Obligations</u>&rdquo; shall mean the New Term Loan, and all obligations and liabilities now or
hereafter owed by any one or more of the Borrowers to Lenders under or related to the New Term Loan, in each case whether direct or
indirect and whether fixed or contingent, (including, without limitation, attorneys&rsquo; fees and legal expenses incurred by
Lenders in connection with the New Term Loan), and all charges, commissions, interest, costs, expenses and attorneys&rsquo; fees
chargeable by Lenders to Borrowers in each case under or related to the New Term Loan; the term &ldquo;<u>Lenders&rsquo; Share of
the Obligations</u>&rdquo; shall mean, at any time, the entirety of the Obligations (including, without limitation, any Additional
Loans (as hereinafter defined), any Post-Petition Advances (as hereinafter defined), any portion of the Obligations subject to a
Senior Participation and any and all fees and interest payable pursuant to the terms of the Credit Agreement, including without
limitation those payable after the filing of a bankruptcy case by any of the Borrowers and irrespective of whether the same are
allowed or permitted to be paid in or during a bankruptcy case of any of the Borrowers), less only the principal amount of the
Participation and accrued and unpaid interest on the principal amount of the Participation calculated in accordance with and
computed at the rate specified in the Credit Agreement; the term &ldquo;<u>Participation</u>&rdquo; shall mean the junior
participation interest in the Participation Obligations</font></p>

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

<p><font size="3" face="Times New Roman">sold pursuant to <u>Section&nbsp;1</u> of this agreement (this
&ldquo;<u>Participation Agreement</u>&rdquo;); the term &ldquo;<u>Participant</u>&rdquo; shall mean William G. Miller, an
individual, acting in his individual capacity and not as an officer, director, agent or representative of any of the Borrowers or
any other Person, together with his heirs and his permitted assigns, if any, as the registered owner of a Certificate of
Participation evidencing a junior participation interest in the Participation Obligations, which aggregate principal amount shall
be equal to the principal amount set forth in such Certificate of Participation; the term &ldquo;<u>Participant&rsquo;s
Account</u>&rdquo; is defined in <u>Section&nbsp;3</u> below; the term &ldquo;<u>Post-Petition Advances</u>&rdquo; is defined in
<u>Section&nbsp;10</u> below; the terms &ldquo;<u>Senior Participant</u>&rdquo; and &ldquo;<u>Senior Participations</u>&rdquo; are
defined in <u>Section 16</u> below; and &ldquo;<u>Permitted Payments</u>&rdquo; shall mean the payment made by Participant to
Lenders, on the Participation Closing Date in accordance with <u>Section&nbsp;1</u>.&nbsp; Certain other of the terms used herein
are parenthetically defined elsewhere in this Participation Agreement.</font></p>

<p style="text-indent: 60"><font size="3" face="Times New Roman">This Participation Agreement will confirm the arrangement between Lenders and Participant
whereby Lenders sell to Participant, without recourse and without representations or warranties of any kind (except as expressly
set forth hereinafter), and Participant purchases from Lenders, a junior participation interest in the Participation Obligations in
the principal amount equal to the principal amount of the New Term Loan, upon and subject to the terms and conditions set forth in
this Participation Agreement.&nbsp; Participant shall only have such obligations as are expressly set forth in this Participation
Agreement or in the Participation Certificate (hereinafter defined).</font></p>

<p style="text-indent: 60">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participant has (a) executed and delivered to the Collateral Agent, for the benefit of the Lenders, a counterpart of this
Participation Agreement, dated as of October 31, 2003, and (b) paid to the
Collateral Agent, for the benefit of the Lenders, in U.S. Dollars by federal funds bank wire transfer of same day funds, an amount
equal to Participant&rsquo;s junior participation interest in the Participation Obligations, $2,000,000, in consideration of which
the Collateral Agent, on behalf of the Lenders, is issuing to Participant a Certificate of Participation in that principal amount
in substantially the form of <u>Exhibit A</u> hereto (a &ldquo;<u>Certificate of Participation</u>&#148;).</p>

<p style="text-indent: 60">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At all times and from time to time until Lenders shall have received&nbsp; payment in full of Lenders&rsquo; Share of the
Obligations and all Commitments shall have been terminated, Lenders shall be entitled to receive and apply against the Obligations
(other than the New Term Loan) for Lenders&rsquo; benefit (and the benefit of the Senior Participants), all in such order, such
amounts and such manner as provided in the Credit Agreement (<u>provided</u>, <u>however</u>, that such reference does not
constitute, and shall not be construed to create, any obligation to or rights of Participant in respect of such provisions of the
Credit Agreement), all amounts as the same become due in connection with or arising out of the Existing Credit Facilities, the Loan
Documents, the Collateral and/or the Obligations, whether as principal, interest, fees or otherwise, and including, without
limiting the generality hereof, proceeds of or recoveries under insurance policies, amounts payable by third parties as guarantors
or otherwise, amounts payable by reason of total or partial condemnation or taking by governmental authority, amounts realized as
the result of enforcement of Collateral, amounts received as proceeds of one or more sales, and income from the operation or sale
of Collateral or any part thereof; <i>provided</i> <i>however</i> that notwithstanding anything contained herein to the contrary,
principal and interest payments on the New Term Loan shall be governed solely by Section 3 hereof and in no event shall any
Permitted Payments be included in, subject to, or covered by, this paragraph.&nbsp; Participant shall not have any right to acquire
any interest in, and shall not be entitled to receive, any portion of any forbearance or waiver fee or any other fees or
administration or service charges provided for in the Credit Agreement or payable by any Borrower pursuant to any Loan Document,
including without limitation the Forbearance Agreement, to Lenders, and Participant shall not be entitled to receive any payment or
distribution of principal on account of or with respect to all or any part of the Participation unless and until such time as
Lenders shall have received payment in full of Lenders&rsquo; Share of the Obligations and all Commitments shall have been
terminated.</p>

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

<p style="text-indent: 60">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The New Term Loan shall not permit the Borrowers to make any payment, prepayment or repayment of the principal thereof, and
Lenders hereby agree not to accept any, or to apply any Collections (as hereinafter defined) to, payment, prepayment or repayment
of principal on the New Term Loan, unless and until the Lenders&rsquo; Share of the Obligations is paid in full and all Commitments
shall have been terminated.&nbsp; The Collateral Agent, on behalf of the Lenders, will maintain on such Agent&rsquo;s books an
account in the name of the Participant (the &ldquo;<u>Participant&rsquo;s Account</u>&rdquo;) into which (a) all amounts received
by such Agent from or on behalf of the Borrowers in payment of principal (&ldquo;<u>Participation Principal</u>&rdquo;) and/or
interest accrued on the Participation (the &ldquo;<u>Participation Interest</u>&rdquo;) will be credited and (b) all amounts paid
out by such Agent in cash to the Participant with respect to the Participation Principal or Participation Interest will be
debited.&nbsp; Each Lender hereby agrees that the Collateral Agent may, and the Collateral Agent will,&nbsp; pay to Participant in
cash as soon as practicable but in any event within two (2) Business Days of receipt by such Agent, all Participation Interest and
Participation Principal actually received by such Agent and required to be paid to Participant in accordance with applicable
provisions of the Credit Agreement, <u>provided</u>, <u>however</u>, that (i) amounts due and payable with respect to
Lenders&rsquo; Share of Obligations which constitute unpaid principal, interest, fees and expenses shall be paid first to Lenders
in order of priority, with any remaining amounts, subject to the limitations set forth in the following sub clause, next paid to
Participant on account of Participation Interest, and (ii) to the extent Lenders&rsquo; Share of the Obligations have not yet been
paid in full, such Participation Interest shall not be paid in cash to Participant or credited to the Participant&rsquo;s Account,
shall not constitute a payment of interest by the Borrowers on or with respect to the Participation and shall be retained by
Lenders or by the Collateral Agent on behalf of the Lenders and applied in accordance with the provisions of Section&nbsp;5 if, at
the time of such payment or credit, any Default or Event of Default (other than Existing Defaults during the term of, and as
defined in, the Forbearance Agreement) has occurred and has not been waived or cured, or would result from such payment or
credit.&nbsp; Promptly but in any event within two (2) Business Days of Participant&rsquo;s request therefor, Collateral Agent, on
behalf of the Lenders, will furnish to Participant a statement of the unpaid principal balance on the New Term Loan and of all
accrued and unpaid interest thereon.</p>

<p style="text-indent: 60">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each of the Participation Interest, the Participation Principal and the interest of the Participant in and to any and all
amounts received by Lenders from any source (in each case, other than any Permitted Payments), with respect to the Obligations
(collectively, &ldquo;<u>Collections</u>&rdquo;), is, in each case, in all respects junior and subordinate to (i) Lenders&rsquo;
Share of the Obligations and (ii)&nbsp;Lenders&rsquo; rights to receive and retain all Collections for the Lenders&rsquo;
respective account and benefit (and the account and benefit of the Senior Participants) for application to Lenders&rsquo; Share of
the Obligations until Lenders have received payment in full of Lenders&rsquo; Share of the Obligations, including, without
limitation, all principal, and interest, and all fees, costs, expenses and other items included within Lenders&rsquo; Share of the
Obligations and due to Lenders and all Commitments shall have been terminated, and, accordingly, each Lender, for itself and any
Senior Participants, shall first be repaid in full in respect of all of its portion of Lenders&rsquo; Share of the Obligations and
all  </p>

<font size="2" face="Times New Roman">
<p align="center">3</p>
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>Commitments shall have been terminated, prior to any payment or repayment of all or any part of the Participation;
<i><u>provided</u></i>, <i><u>however</u></i><u>,</u> Participant shall be entitled to receive the Participation Principal and
Participation Interest in accordance with Section 3 hereof and <i><u>provided</u></i> <i><u>further</u></i> that, in no event,
shall any Permitted Payment or any amount received by Lender from the Participant pursuant to this Participation Agreement be
deemed to be a Collection with respect to the Obligations.</p>

<p style="text-indent: 60">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other than as required by Section 3 above, all Collections received by Lenders (i) shall be applied to the Obligations in such
amounts, manner and/or order as provided in the Credit Agreement (<u>provided</u>, <u>however</u>, that such reference does not
constitute, and shall not be construed to create, any obligation to or rights of Participant in respect of such provisions of the
Credit Agreement), and (ii) shall be first retained and applied by Lenders until the payment in full of Lenders&rsquo; Share of the
Obligations and all Commitments shall have been terminated, and only then and thereafter shall the Participant have any rights to
have any surplus remaining remitted to the Participant, and then only to the extent legally permissible.&nbsp; If Participant
obtains any payment (other than (i) payments of Participation Interest or Participation Principal received from the Collateral
Agent in accordance with the terms of <u>Section 3</u> hereof, or (ii) payments in respect of salary, benefits, or reimbursement of
expenses which do not, in the aggregate for any month, exceed the sum of $20,000) from any Borrower or attributable to any
Collateral prior to payment in full of all Obligations and the termination of all Commitments with respect thereto, the Participant
shall receive and hold such payment in trust for Lenders&rsquo; benefit and shall promptly pay over such payment to Lender to be
applied in the manner set forth in this <u>Section&nbsp;5</u>.</p>

<p style="text-indent: 60">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participant, by execution in confirmation of this letter, acknowledges and agrees that (a)&nbsp;Participant has received from
Borrowers and reviewed copies of all of the Loan Documents and has independently and without reliance on any Agent or Lender made
Participant&rsquo;s own analysis of the Loan Documents, including copies of all legal opinions delivered to Agents and Lenders in
connection with the Loan Documents, (b) Participant has, independently and without reliance on any Agent or Lender, and based on
such documents and information as Participant has deemed appropriate, made Participant&rsquo;s own credit analysis of the Borrowers
and Participant&rsquo;s own decision to enter into this Participation Agreement and to purchase such Participation as herein
provided, and (c) Participant is thoroughly familiar with and has complete and current financial statements and other relevant
information concerning the financial condition and creditworthiness of each of the Borrowers.&nbsp; Without limiting the generality
of the foregoing, Participant hereby acknowledges and confirms that Participant has been advised that the Existing Defaults (as
defined in the Forbearance Agreement) under the Credit Agreement which entitle the Agents and Lenders to exercise rights and
remedies under the Loan Documents have occurred, and that, as of the date hereof, except as otherwise expressly provided in the
Forbearance Agreement, none of the Agents or Lenders have waived or consented to such defaults and Agents and Lenders have reserved
all of their legal rights with respect to its rights and remedies under the Loan Documents relating to such defaults. Except as
otherwise expressly provided herein, Lenders and Agents shall have no duties, responsibilities or obligations whatsoever to
Participant.&nbsp; Agents and Lenders make no representation or warranty, express or implied (whether by executing and delivering
this Participation Agreement or any Certificate of Participation or by selling or issuing all or any portion of the Participation,
or</p>

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

<p>otherwise), to Participant, except that the Lenders party hereto own all rights, titles and interests in and to the interests in
the Participation Obligations being purchased by Participant pursuant to this Participation Agreement and that such interests have
not been encumbered or assigned by any of such Lenders to any other Person, and Agents and Lenders shall have no responsibility, as
to the value, validity, effectiveness, genuineness, regularity, enforceability, collectibility or sufficiency of the Credit
Agreement or any other Loan Document, or as to the accuracy of any recital, statement, representation or warranty therein or in any
information memorandum pertaining to any Borrower, or in any certificate or other document referred to or provided for in the
Credit Agreement or any other Loan Document, or as to the title to, validity, priority, value, perfection or sufficiency of the
Collateral or any Lien securing or purporting to secure all or any part of the Obligations, or any other guarantees or collateral
security of any kind, or as to the financial condition of any of the Borrowers, nor shall Lender have any responsibility to
Participant for any failure by any Borrower to perform its obligations under the Credit Agreement or any other Loan Document.&nbsp;
None of Agents or Lenders shall be required to keep Participant informed as to the performance or observance by any Borrower of the
Credit Agreement or any other Loan Document, or to inspect the properties or books of any Borrower.&nbsp; Agents and Lenders do not
assume, neither make nor have made any warranties (except that the Lenders party hereto own all rights, titles and interests in and
to the interests in the Participation Obligations being purchased by Participant pursuant to this Participation Agreement and that
such interests have not been encumbered or assigned by any of such Lenders to any other Person) with respect to, and shall have no
liability to Participant for the repayment of all or any part of the Participation or the interest equivalent thereon except, and
only to the extent, expressly set forth in this Participation Agreement.&nbsp; Lenders, Participant and by their acknowledgements
below, Agents and Borrowers, acknowledge and agree that Section 11.2(e) of the Credit Agreement contains certain requirements with
respect to the sale of a participation by a Lender.&nbsp; Lenders, Agents and Borrowers hereby waive the requirement of Section
11.2(e) that Participant not be an Affiliate of Parent, and agree that the proviso following sub clause (e)(iv) thereof, which
begins with the words &ldquo;except that&rdquo;, shall not be applicable to Participant and in lieu thereof the Participation shall
be governed solely by the terms and conditions of this Participation Agreement.</p>

<p style="text-indent: 60">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Obligations, the Collateral, and the Collections shall in each instance be held by each Lender in such Lender&rsquo;s own
name or by Collateral Agent on behalf of the Lenders.&nbsp; It is understood and agreed that the Participant shall have no right in
or interest in any property taken as security for, or any offset effected with respect to, all or any part of the New Term Loan or
any of the Obligations, or in any property now or hereafter in any Agent&rsquo;s or Lender&rsquo;s possession or control which may
be or become security for all or any part of the New Term Loan or any of the Obligations by reason of the Credit Agreement or any
other Loan Documents; <i>provided, however</i> that subject to the provisions of Sections 11 and 12, Lenders agree not to amend the
Credit Agreement or the other Loan Documents in order to cause the New Term Loan to be unsecured.&nbsp; It is understood and agreed
that upon the payment in full of Lenders&rsquo; Share of the Obligations and the termination of all Commitments, that Participant
shall thereupon have the right to have any surplus remaining from the Collections or otherwise to be remitted to the Participant
and applied to the Participation and to have transferred and assigned to Participant any remaining Collateral and Lenders&rsquo;
rights under the Loan Documents in accordance with the provisions of Sections 11and&nbsp;17 hereof.</p>

<p align="center">5</p>

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

<p style="text-indent: 60">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If at any time after any Lender, either directly or through the Collateral Agent, has distributed any amount to the Participant
on account of the Participant&rsquo;s interests in the Participation including, without limitation Participation Interest, any
amount paid or owing to any Lender, or to the Collateral Agent, by any Borrower is subordinated, set aside, avoided, declared to be
fraudulent or preferential, disallowed or recovered from such Lender or from the Collateral Agent in connection with an insolvency
or bankruptcy proceeding or otherwise, the Participant agrees to refund to each such Lender, or to Collateral Agent on behalf of
any such Lender, without interest, the amount thereof to the extent of the aggregate amount of any payment or distribution made by
such Lender, or by the Collateral Agent on behalf of such Lender, to Participant.</p>

<p style="text-indent: 60">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Participant agrees that, at any time and from time to time prior to Lenders&rsquo; receipt of the payment in full of
Lenders&rsquo; Share of the Obligations and the termination of all Commitments, whether or not a Default or Event of Default has
occurred and is then continuing, Lenders may (a) in Lenders&rsquo; sole and absolute discretion, continue to extend additional
advances, loans, letter of credit guaranties, and other financial accommodations to any Borrower and increase the Commitments under
the Loan Documents (collectively, the &ldquo;<u>Additional Loans</u>&rdquo;), and the Participation, the Participation Interest and
the Participant&rsquo;s interest therein shall be subject and subordinate to such Additional Loans and in the security therefor on
the same terms and conditions as are set forth herein, and (b) apply all or any part of any proceeds of Collateral received by
Lenders, payments received by Lenders from any Borrower, any other proceeds or payments received by Lenders on account of the
Obligations from any other source, any credits for any Borrower&rsquo;s account, and all other Collections to all or any part of
the Obligations and in such order, in such amounts and in such manner as provided in the Credit Agreement (<u>provided</u>,
<u>however</u>, that such reference does not constitute, and shall not be construed to create, any obligation to or rights of
Participant in respect of such provisions of the Credit Agreement).</p>

<p style="text-indent: 60">10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It is understood and agreed by the Participant that, in Lenders&rsquo; sole and absolute discretion, subject only to proper
court approval, Lenders may continue to extend additional advances, loans, letter of credit guaranties, and other financial
accommodations to any Borrower after commencement and during the continuation of any case under the U.S. Bankruptcy Code (a
&ldquo;<u>Bankruptcy Case</u>&rdquo;) with respect to any Borrower (collectively, &ldquo;<u>Post-Petition Advances</u>&rdquo;), and
the Participation, the Participation Interest and the Participant&rsquo;s interest therein shall be subject and subordinate to such
Post-Petition Advances and in the security therefor on the same terms and conditions as are set forth herein.&nbsp; Further,
Participant covenants and agrees, with and for the benefit of the Agents and the Lenders, and as a material part of the
consideration to the Agents and the Lenders hereunder, without which covenants and agreements Agents and Lenders would not have
entered into this Participation Agreement, that in connection with a Bankruptcy Case of any Borrower, Participant shall not,
directly or indirectly (a) challenge the existence, validity or priority of any Lien on any of the Collateral in favor of any of
the Agents or Lenders, (b) file, or cause or support the filing of, any objection to the provision of Post-Petition Advances or
other debtor-in-possession financing to such Borrower by the Lenders, (c) propose, vote for or otherwise support any bankruptcy
plan which would have the effect of compromising, impairing or otherwise modifying the Obligations without the unanimous written
consent of the Lenders, or (d) seek to establish, or support in any manner the establishment of, a credit facility for the benefit
of such Borrower where any of the obligations under such credit facility would have</p>

<font size="2" face="Times New Roman">
<p align="center">6</p>
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>priority over any of the Obligations or any
Post-Petition Advances, whether by lien, contract, court order or otherwise, except only to the extent that such credit facility is
provided by the Lenders.</p>

<p style="text-indent: 60">11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lenders may, from time to time, in Lenders&rsquo; discretion and without notice to the Participant and without necessity of the
consent of Participant, (a) amend, modify, renew and/or extend in whole or in part the Obligations, the Loan Documents, the
Collateral and any guaranties therefor, including without limitation the sale, in one or more transactions, of all or any part of
the Collateral for an aggregate amount less than the amount necessary to satisfy in full all of the Obligations, (b) compromise and
settle with, and release, any Borrower, or any other Person obligated on or with respect to all or any part of the Obligations, and
(c) extend the Additional Loans, the Post-Petition Advances and any other advances, loans and other financial accommodations to any
Borrower in excess of any formulae under the Loan Documents, all without notice to the Participant and without necessity of the
consent of Participant.&nbsp; The Collateral Agent shall, from time to time, but not more frequently than once in any calendar
quarter, after such Agent&rsquo;s receipt of Participant&rsquo;s reasonably detailed written request, furnish the Participant with
copies of such other papers and documents relating to the Participation Obligations, the Obligations and the Collateral and with
statements describing the status of the Participation Obligations, the Obligations and the Collateral, as the Participant may
reasonably request.</p>

<p style="text-indent: 60">12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lenders reserve and shall have the sole right, in Lenders&rsquo; sole and absolute discretion, to manage, perform, modify,
supplement and enforce the Loan Documents, the Obligations and the Collateral, and to waive, exercise and enforce all privileges,
rights and remedies exercisable or enforceable by Lender thereunder, in accordance with Lenders&rsquo; sole discretion and the
exercise of Lender&rsquo;s business judgment.&nbsp; Without limiting the foregoing, Lenders may, without notice or responsibility
to, or necessity of consent from, the Participant, (a) exercise or refrain from exercising any and all of Lenders&rsquo; rights
under or in connection with any of the Loan Documents, (b) give or withhold consents and approvals or take or omit to take any
action pursuant to any Loan Document and (c) compromise, settle, adjust and in general deal in any manner with the Obligations and
the Collateral as Lenders may deem appropriate, upon such terms and conditions as Lenders may deem appropriate. Agents and Lenders
shall not be liable to the Participant for any action taken or omitted.&nbsp; The Participant expressly releases each Agent and
Lender from any and all liability and responsibility (express or implied), for any loss, depreciation of or delay in collecting or
failing to realize on any Collateral, the Obligations or any guaranties therefor and for any mistake, omission or error in judgment
in passing upon or accepting any Collateral or in making examinations or audits or for granting indulgences or extensions to any
Borrower, any account debtor or any guarantor.</p>

<p style="text-indent: 60">13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lenders shall have the right to sell, encumber, convey, transfer, and/or assign (collectively, a &ldquo;<u>Transfer</u>&rdquo;)
any of Lenders&rsquo; rights and obligations under the Credit Agreement or under this Participation Agreement, provided that no
such sale, encumbrance, conveyance, transfer and/or assignment (collectively a &ldquo;<u>Sale</u>&rdquo;) shall eliminate any
obligation of Lenders to Participant hereunder unless, in connection with any such Sale, the purchaser, assignee or other
transferee agrees in writing to be bound by the terms of this Participation Agreement.&nbsp; Neither the Participation, nor any
Certificate of Participation, nor Participant&rsquo;s interest in the Participation nor any of the individual rights or obligations
of Participant hereunder may be</p>

<font size="2" face="Times New Roman">
<p align="center">7</p>
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>subdivided, assigned, pledged, encumbered or otherwise transferred by the Participant without
Lenders&rsquo; unanimous prior written consent.&nbsp; Subject to the foregoing, all of the terms, covenants and conditions of this
Participation Agreement shall be binding upon, and inure to the benefit of, each Lender&rsquo;s and the Participant&rsquo;s
respective successors and assigns, but nothing contained in this Participation Agreement is intended, or shall be construed, to
confer upon or to give any Borrower or any other Person, other than the parties hereto and their respective successors and
permitted assigns, any rights or remedies under or by reason of this Participation Agreement.</p>

<p style="text-indent: 60">14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Participation Agreement and each Certificate of Participation shall be governed by and construed in accordance with the
laws and decisions of the State of Georgia.</p>

<p style="text-indent: 60">15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Participant represents and warrants to Agents and Lenders that (a) Participant does not consider the acquisition of its
junior participation interest hereunder to constitute the &ldquo;purchase&rdquo; or &ldquo;sale&rdquo; of a &ldquo;security&rdquo;
within the meaning of the Securities Act of 1933, the Securities Exchange Act of 1934 or Rule 10b-5 promulgated thereunder, any
other applicable securities statute or law, or any rule or regulation under any of the foregoing (collectively, as amended, the
&ldquo;Acts&rdquo;); (b) Participant has no expectation that Participant will derive profits from the efforts of any Agent or
Lender or any third party in respect of the acquisition of Participant&rsquo;s junior participation interest hereunder excepting
interest related to the Participation; (c) acquisition of such junior participation interest merely constitutes a commercial
transaction by Participant with Lenders regarding Participant&rsquo;s acquisition of a junior participation interest in the
Participation Obligations and does not represent an &ldquo;investment&rdquo; (as that term is commonly understood) in any Agent,
any Lender or any Borrower; (d) Participant is purchasing such Participant&rsquo;s junior participation interest in the
Participation Obligations hereunder for Participant&rsquo;s own account and risk, and not with a view or in connection with any
subdivision, resale, or distribution thereof, (e)&nbsp;Participant engages in commercial transactions (including transactions of
the nature contemplated herein and in the Credit Agreement), can bear the economic risk related to the purchase of the junior
participation interest hereunder, and has had access to all information deemed necessary by Participant in making
Participant&rsquo;s decision whether or not to purchase the same, and (f) Participant will hold the junior participation interest
in the Participation Obligations hereunder solely in the name of, and for the sole benefit of, Participant, and not jointly or
severally with, or on behalf of, any other Person.&nbsp; Further, no amount paid by Participant to purchase Participant&rsquo;s
junior participation interest in the Participation Obligations shall be considered a loan by Participant to any Lender, nor an
investment of any nature or kind.</p>

<p style="text-indent: 60">16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At any time and from time to time, Lenders may sell additional participations in Obligations other than the Participation
Obligations (all of which shall be deemed included within Lenders&rsquo; Share of the Obligations and shall be deemed to be Senior
Participations for all purposes hereof), upon such terms and conditions as may be determined by Lenders in Lenders&rsquo; sole and
absolute discretion, and nothing herein shall in any way be construed to limit, restrict or prohibit Lenders&rsquo; right to do so.
Participant&rsquo;s junior participation interest in the Participation Obligations (and in the Collateral and the Collections) is
and shall remain in all respects junior and subordinate to Lenders&rsquo; Share of the Obligations, and to the receipt by Lenders
of the payment in full of Lenders&rsquo; Share of the Obligations and the termination of all Commitments, which Participant
acknowledges and agrees includes and will include Lenders&rsquo; interests in the Obligations, and each other participation
interest in the Obligations, other than the junior</p>

<font size="2" face="Times New Roman">
<p align="center">8</p>
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p>participation interests included within the Participation, now or hereafter
granted and sold by Lenders (all such participation interests, other than the Participation and the junior participation interests
therein held by the Participant, being herein called the &ldquo;<u>Senior Participations</u>&rdquo; and each owner of a Senior
Participation being herein called a &ldquo;<u>Senior Participant</u>&rdquo;), and, accordingly, Lenders, for themselves and the
benefit of all the Senior Participants, shall first be repaid in full the full amount of Lenders&rsquo; Share of the Obligations
prior to any payment, repayment or distribution on account of or with respect to the Participation other than interest payments on
the Participation payable to Participant in accordance with <u>Section 3</u> hereof.</p>

<p style="text-indent: 60">17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon payment in full in immediately available funds of all principal, interest and charges with respect to Lenders&rsquo; Share
of the Obligations, the satisfactory cash collateralization of all outstanding Obligations in respect of Letters of Credit and the
termination of all Commitments, but subject to assumption by the Participant of all of Lenders&rsquo; rights, duties and
obligations with respect to all of the Loan Documents (pursuant to a form of assignment and assumption agreement reasonably
acceptable to, and executed and delivered by, Participant and&nbsp; Lenders (the &ldquo;<u>Assumption Agreement</u>&rdquo;)), and
the receipt of a full, complete and unconditional release from all Borrowers on terms acceptable to Agents and Lenders in their
respective sole and absolute discretion, Lenders will effect settlement thereof and will, promptly after receipt of written request
from the Participant, assign to the Participant, pursuant to the Assumption Agreement and for consideration of $0, all of the
Lenders&rsquo; rights in the Obligations and the Collateral, if any, for the Obligations and Lender&rsquo;s rights with respect
thereto without representations, warranties or recourse of any kind or nature whatsoever except to the extent, if any, expressly
set forth in the Assumption Agreement, but nothing in this Section 17 shall diminish the rights and privileges of Lenders described
in Section 11 or Section 12 of this Participation Agreement.&nbsp;</p>

<p style="text-indent: 60">18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE PARTIES HERETO HEREBY WAIVE TRIAL BY JURY IN ANY ACTION OR PROCEEDING ARISING OUT OF OR IN THE CONNECTION WITH THIS
PARTICIPATION AGREEMENT AND FURTHER HEREBY WAIVE ANY RIGHT OF OFFSET OR RIGHT TO INTERPOSE ANY COUNTERCLAIM (OTHER THAN A
COMPULSORY COUNTERCLAIM) IN ANY SUCH ACTION.&nbsp; THE PARTIES HERETO EXPRESSLY SUBMIT IN ADVANCE TO THE NONEXCLUSIVE JURISDICTION
OF THE COBB COUNTY SUPERIOR COURT, IN THE STATE OF GEORGIA, OR TO THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF
GEORGIA IN ANY ACTION OR PROCEEDING RELATING TO ANY CLAIM, DISPUTE OR OTHER MATTER PERTAINING DIRECTLY OR INDIRECTLY TO THIS
PARTICIPATION AGREEMENT.</p>

<p style="text-indent: 60">19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At Lenders&rsquo; option and in Lenders&rsquo; sole and absolute discretion, Lenders may at any time repurchase the
Participation from the Participant by paying to Participant the outstanding amount of Participant&rsquo;s share of the
Participation, together with Participant&rsquo;s share of the interest attributable to Participant&rsquo;s share of the
Participation to the date of such repurchase.&nbsp; This Participation Agreement shall thereupon terminate; <i>provided</i>,
<i>however</i>, that the termination shall not affect the respective rights, duties or obligations of any party incurred prior to
the effective date of such termination.&nbsp; Notwithstanding the foregoing or any other provision of this Participation Agreement,
in no event shall any Lender have any obligation to repurchase the Participation or any part thereof or any interest therein,
whether upon or by reason of the occurrence, existence or absence of any Default or Event of Default, or otherwise for any other
reason or in any other circumstance.</p>

<font size="2" face="Times New Roman">
<p align="center">9</p>
<hr size="1" color="#000080" STYLE="page-break-after: always"></font>

<p style="text-indent: 60">20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither the execution of this Participation Agreement, nor the purchase or other acquisition by Participant of an undivided
interest in the Participation, nor any of the transactions contemplated hereby, is intended to be, nor shall it be construed to be,
the formation of a partnership or joint venture between Participant and any Agent or Lender.</p>

<p style="text-indent: 60">21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Participation Agreement and the Certificate of Participation (a) may not be amended, modified or terminated (orally or by
any course of dealing or otherwise), except by an agreement in writing signed by Participant and Lenders and acknowledged by
Agents, (b) shall remain in full force and effect until all Obligations (including any Post-Petition Advances) are paid in full and
the Credit Agreement is terminated, unless, prior thereto, Lenders, in their respective discretion, determine to repurchase the
Participation pursuant to the provisions of <u>Section 19</u> hereof, (c) shall
be governed by and construed in accordance with the laws of the State of Georgia
and (d) supercedes any prior negotiations or discussions or communications
between or among Agents, Lenders and the Participant, and constitutes the entire
agreement between Lenders, on the one hand, and Participant, on the other, with
respect to the Obligations, the Participation, the Participation Obligations,
the Collateral, and the Loan Documents.</p>

<p style="text-indent: 60">22.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Participation Agreement 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; Facsimile signatures shall be effective as originals.</p>

<p style="text-indent: 60">23.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All notices and confirmations hereunder by Collateral Agent or any Lender to the Participant shall be deemed given if addressed
to the applicable address for the Participant set forth below, and sent by registered or certified mail, return receipt requested,
or sent by facsimile.&nbsp; All notices and requests hereunder by the Participant to Lenders shall be deemed given if addressed to
Lenders in care of the Collateral Agent at such Agent&rsquo;s address set forth above and directed to the attention of Mr. Ken
Butler and sent by certified or registered mail, return receipt requested, or sent by facsimile.</p>

<p align="center"><font size="3" face="Times New Roman">[Remainder of Page Intentionally Left Blank]</font></p>

<p align="center"><font face="Times New Roman">&nbsp;</font></p>

<p align="center"><font face="Times New Roman">&nbsp;</font></p>

<p align="center"><font face="Times New Roman">&nbsp;</font></p>

<p align="center"><font face="Times New Roman">&nbsp;</font></p>

<p align="center"><font face="Times New Roman">&nbsp;&nbsp;</font></p>

<p align="center"><font face="Times New Roman">&nbsp;</font></p>

<p align="center"><font face="Times New Roman">&nbsp;</font></p>
<p align="center">10</p>
<font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>


<p align="left" style="text-indent: 60"><font size="3" face="Times New Roman">If the foregoing correctly sets forth the arrangement between Lenders and
Participant, please indicate Participant&rsquo;s confirmation thereof and Participant&rsquo;s acceptance of the terms of this
Participation Agreement by signing and returning to Lenders, in care of the Collateral Agent, the enclosed copy hereof, whereupon
this Participation Agreement shall become effective and be binding as between Lenders and Participant, and (without prejudice to
<u>Section 13</u> above) the respective successors and assigns of Lenders and the respective permitted assigns of
Participant.</font></p>

<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="681">
  <tr>
    <td width="326"><b><font 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;</font></b></td>
    <td width="346"><font size="3" face="Times New Roman">Very truly yours,<br />
<br />
&nbsp;<b>&ldquo;LENDERS&rdquo;</b></font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">&nbsp;</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">BANK OF AMERICA, N.A., as a Lender</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">&nbsp;</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New

Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;/s/ Sherry Lail&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">Name:&nbsp;&nbsp; Sherry Lail<u><br>
</u>Title:&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">&nbsp;</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">THE CIT GROUP/BUSINESS CREDIT, INC.,<br>
      as a Lender</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">&nbsp;</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">By:<u>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u><br>
Name: Kenneth B. Butler<br>
Title: Vice President</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">&nbsp;</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">FLEET CAPITAL CORPORATION, as a Lender</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">&nbsp;</font></td>
    </tr>
    <tr>
      <td width="326"><font face="Times New Roman">&nbsp;</font></td>
      <td width="346"><font size="3" face="Times New Roman">By:&nbsp; <u>&nbsp; /s/ Wes Mannis&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u><br>
Name: Wes Mannis<br>
Title: VP</font></td>
    </tr>
  </table>

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

<p><font size="3" face="Times New Roman">ACKNOWLEDGED AND AGREED TO:</font></p>

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

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

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

<p><font size="3" face="Times New Roman">By:<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;
</u><br>
&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;Chief Financial Officer</font></p>

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

<p>&nbsp;</p>

  <b><font face="Times New Roman">&nbsp;</font></b><p><b><font size="3" face="Times New Roman">&#147;SUBSIDIARY
      MILLER BORROWERS&#148;</font></b></p>
  <b><font face="Times New Roman">&nbsp;</font></b><p><b><font size="3" face="Times New Roman">APACO, INC.<br>
      B&amp;B ASSOCIATED INDUSTRIES, INC.<br>
      CHEVRON, INC.<br>
      CENTURY HOLDINGS, INC.<br>
      CHAMPION CARRIER CORPORATION<br>
      COMPETITION WHEELIFT, INC.<br>
      GOLDEN WEST TOWING EQUIPMENT INC.<br>
      KING AUTOMOTIVE &amp; INDUSTRIAL<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQUIPMENT, INC.<br>
      MID AMERICA WRECKER &amp; EQUIPMENT<br>
      SALES, INC. OF COLORADO<br>
      MILLER FINANCIAL SERVICES GROUP,<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.<br>
      MILLER/GREENEVILLE, INC.<br>
      MILLER INDUSTRIES DISTRIBUTING, INC.<br>
      MILLER INDUSTRIES INTERNATIONAL,<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.<br>
      MILLER INDUSTRIES TOWING<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQUIPMENT INC.<br>
      PURPOSE, INC.<br>
      SONOMA CIRCUITS, INC.<br>
      SOUTHERN WRECKER CENTER, INC.<br>
      SOUTHERN WRECKER SALES, INC.</font></b></p>
  <b><font face="Times New Roman">&nbsp;</font><font size="3" face="Times New Roman">&nbsp;</font></b><p><font face="Times New Roman">&nbsp;</font></p>
  <font size="3" face="Times New Roman">By:<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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
      &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; Vice President and
Attorney-in-Fact of each<br>
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;entity listed above</font><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><b><font size="3" face="Times New Roman">&nbsp;&ldquo;SUBSIDIARY ROADONE BORROWERS&rdquo;</font></b></p>

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

<p><b><font size="3" face="Times New Roman">AETEX, INC., f/k/a A-EXCELLENCE TOWING CO.<br>
ALL AMERICAN TOWING SERVICES, INC.<br>
B-G TOWING, INC.<br>
BEAR TRANSPORTATION, INC.<br>
BTRCX, INC. f/k/a BERT&rsquo;S TOWING RECOVERY<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CORPORATION<br>
BBSX, INC. f/k/a BOB BOLIN SERVICES, INC.<br>
BASIEX, INC. f/k/a BOB&rsquo;S AUTO SERVICE, &nbsp;&nbsp; INC.<br>
BTRX, INC.<br>
BVSWS, INC. f/k/a BOB VINCENT AND SONS<br>
WRECKER SERVICE, INC.<br>
CAL WEST TOWING, INC.<br>
CBTX,INC., f/k/aCEDAR BLUFF 24 HOUR<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TOWING, INC.<br>
CCASX, INC.<br>
CEX, INC., f/k/a CHAD&rsquo;S INC.<br>
CVDC, f/k/a CLEVELAND VEHICLE DETENTION<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CENTER, INC.<br>
D.A. HANELINE, INC.<br>
DVREX, INC.<br>
DOLLAR ENTERPRISES, INC.<br>
DSX, INC., f/k/a DUGGER&rsquo;S SERVICES, INC.<br>
GMAR, INC., f/k/a GOOD MECHANIC AUTO &nbsp; CO.<br>
OF RICHFIELD, INC.<br>
GREAT AMERICA TOWING, INC.<br>
GREG&rsquo;S TOWING, INC.<br>
HTX, INC.<br>
LTSX, INC., f/k/a LAZER TOW SERVICES, INC.<br>
LASX, INC.<br>
LWKR, INC.<br>
MAEJO, INC.<br>
MEL&rsquo;S ACQUISITION CORP.<br>
MGEX, INC.<br>
MSTEX, INC.<br>
MTSX INC.<br>
MURPHY&rsquo;S TOWING, INC.<br>
P.A.T., INC.<br>
PEX, INC., f/k/a/ PIPES ENTERPRISES, INC.<br>
RMA ACQUISITION CORP.<br>
RRIC ACQUISITION CORP.<br>
RSX, INC., f/k/a RECOVERY SERVICES,<br>
ROAD ONE, INC.<br>
ROADONE EMPLOYEE SERVICES, INC.<br>
ROAD ONE INSURANCE SERVICES, INC.<br>
ROAD ONE SERVICE, INC.<br>
ROAD ONE SPECIALIZED TRANSPORTATION,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.<br>
ROADONE TRANSPORTATION AND LOGISTICS,<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;INC.<br>
R.M.W.S., INC.<br>
SWSX, INC. (f/k/a SUBURBAN WRECKER<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SERVICE, INC.)<br>
TEXAS TOWING CORPORATION<br>
TPCTH, INC.<br>
TREASURE COAST TOWING, INC.</font></b></p>

  <font size="2" face="Times New Roman"><hr size="1" color="#000080" STYLE="page-break-after: always"></font>
<p><b><font size="3" face="Times New Roman">TREASURE COAST TOWING OF MARTIN<br>
COUNTY, INC.<br>
TSSC, INC., f/k/a TRUCK SALES &amp; SALVAGE<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CO., INC.<br>
TWSX, INC.<br>
WSX, INC., f/k/a WES&rsquo;S SERVICE INCORPORATED<br>
WTX, INC. (f/k/a WILTSE TOWING, INC.)<br>
WTC, INC.<br>
WTEX, INC.<br>
ZTRX, INC., f/k/a ZEHNER TOWING &amp;<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RECOVERY, INC.</font></b></p>

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

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

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

<p><font size="3" face="Times New Roman">ACKNOWLEDGED AND AGREED TO<br />
SOLELY FOR PURPOSES OF SECTION 6<br />
HEREOF AND THOSE OTHER PROVISIONS<br>
HEREOF WHICH EXPRESSLY REFERENCE<br>
ONE OR MORE AGENTS, AS APPLICABLE:</font></p>

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

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

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

Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>&nbsp;/s/ Sherry Lail&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">Name:&nbsp;&nbsp; Sherry Lail<u><br>
</u>Title:&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President</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., as<br>
the Collateral Agent</font></p>

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

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

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

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

<p><font size="3" face="Times New Roman">The undersigned party confirms that the foregoing correctly sets forth the arrangement
between such undersigned party (acting as an individual and not as an officer, director, agent or representative of any of the
Borrowers or any other Person) and Lenders with respect to the Participation and the interest of such undersigned party therein,
and such undersigned party hereby accepts and agrees to the terms of this Participation Agreement.</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; </font><font size="3" face="Times New Roman">By:
<u>&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>

<p><font size="3" face="Times New Roman">&nbsp; </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; </font><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
William G. Miller, as Participant</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;
Address: 5025 Harrington Road<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; Alpharetta, Georgia 30022</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; </font><font size="3" face="Times New Roman">Telephone:<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; </font><font size="3" face="Times New Roman">Facsimile:</font></p>

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


<p align="center"><font size="3" face="Times New Roman">EXHIBIT A</font></p>

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

<p><font size="3" face="Times New Roman">October 31, 2003</font></p>

<p align="center"><font size="3" face="Times New Roman">CERTIFICATE OF PARTICIPATION</font></p>

<p><b><font size="3" face="Times New Roman">FOR VALUE RECEIVED,</font></b> Lenders have on the date of this certificate sold to
<b>William G. Miller</b> (the &ldquo;<u>Participant</u>&rdquo;), whose address is 5025 Harrington Road, Alpharetta, Georgia 30022,
without recourse on or warranty, express or implied by Lenders (except that the Lenders party to the Participation Agreement
(hereinafter defined) own all rights, titles and interests in and to the interests in the Participation Obligations purchased by
Participant pursuant to the Participation Agreement and that such interests have not been encumbered or assigned by any of such
Lenders to any other Person), a junior participation (the &ldquo;<u>Participation</u>&rdquo;) of Two Million Dollars ($2,000,000)
in the principal amount of the &ldquo;Participation Obligations,&rdquo; as defined and described in the Participation Agreement
dated as of October 31, 2003 between Lenders and the Participant (the &ldquo;<u>Participation Agreement</u>,&rdquo; with
capitalized terms used herein and not otherwise defined having the respective meanings ascribed to such terms in the Participation
Agreement), relating, in part, to the Credit Agreement among Lenders and Borrowers.</p>

<p><font size="3" face="Times New Roman">This Certification of Participation is issued by the Collateral Agent on behalf of the
Lenders pursuant to <u>Section&nbsp;1</u> of, and the junior participation interest evidenced hereby is in all respects subject to
the terms and conditions of, the Participation Agreement, to which reference is hereby made for all purposes.&nbsp; This
Certificate of Participation evidences an undivided interest in the Participation.</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="681">
  <tr>
    <td width="281"><b><font face="Times New Roman">&nbsp;</font></b></td>
    <td width="391"><b><font size="3" face="Times New Roman">&ldquo;COLLATERAL AGENT&rdquo;</font></b></td>
  </tr>
  <tr>
    <td width="281"><font face="Times New Roman">&nbsp;</font></td>
    <td width="391"><font size="3" face="Times New Roman">THE CIT GROUP/BUSINESS CREDIT, INC., as<br>
    the Collateral Agent on behalf of Lenders</font></td>
  </tr>
  <tr>
    <td width="281">&nbsp;</td>
    <td width="391">&nbsp;</td>
  </tr>
  <tr>
    <td width="281"><font face="Times New Roman">&nbsp;</font></td>
    <td width="391"><font size="3" face="Times New Roman">By:<u>&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u><br>
Name: Kenneth B. Butler<br>
Title: Vice President</font></td>
  </tr>
</table>

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