<SUBMISSION>
<ACCESSION-NUMBER>0000912057-01-525521
<TYPE>SC 13E3/A
<PUBLIC-DOCUMENT-COUNT>6
<FILING-DATE>20010727
<GROUP-MEMBERS>ADRIEN HEBERT
<GROUP-MEMBERS>ALAN BENNETT
<GROUP-MEMBERS>BACOU S.A.
<GROUP-MEMBERS>BACOU USA INC
<GROUP-MEMBERS>CHRISTIAN DALLOZ S.A.
<GROUP-MEMBERS>CHRISTOPHE BACOU
<GROUP-MEMBERS>DANIEL U. S. SUB, INC.
<GROUP-MEMBERS>ENGINGEERING HENRI BACOU S.A.
<GROUP-MEMBERS>JACQUELINE MAGGI BACOU
<GROUP-MEMBERS>PHILIP BARR
<GROUP-MEMBERS>PHILIPPE BACOU
<GROUP-MEMBERS>VERONIQUE MIRABEL
<GROUP-MEMBERS>WALTER STEPAN
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>BACOU USA INC
<CIK>0001006027
<ASSIGNED-SIC>3851
<IRS-NUMBER>050470688
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13E3/A
<ACT>34
<FILE-NUMBER>005-49201
<FILM-NUMBER>1690621
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>10 THURBER BLVD
<CITY>SMITHFIELD
<STATE>RI
<ZIP>02917
<PHONE>4012330333
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>10 THURBER
<CITY>SMITHFIELD
<STATE>RI
<ZIP>02917
</MAIL-ADDRESS>
</SUBJECT-COMPANY>
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>BACOU USA INC
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<FISCAL-YEAR-END>1231
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<FORM-TYPE>SC 13E3/A
</FILING-VALUES>
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<STREET1>10 THURBER BLVD
<CITY>SMITHFIELD
<STATE>RI
<ZIP>02917
<PHONE>4012330333
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>10 THURBER
<CITY>SMITHFIELD
<STATE>RI
<ZIP>02917
</MAIL-ADDRESS>
</FILED-BY>
<DOCUMENT>
<TYPE>SC 13E3/A
<SEQUENCE>1
<FILENAME>a2054873zsc13e3a.txt
<DESCRIPTION>SC 13E3/A
<TEXT>

<PAGE>
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                           --------------------------

                                 SCHEDULE 13E-3

                               (AMENDMENT NO. 1)
                        RULE 13E-3 TRANSACTION STATEMENT
          (UNDER SECTION 13(E) OF THE SECURITIES EXCHANGE ACT OF 1934)

                                BACOU USA, INC.
                              (Name of the Issuer)
                                BACOU USA, INC.
                                   BACOU S.A.
                          ENGINEERING HENRI BACOU S.A.
                                CHRISTOPHE BACOU
                             JACQUELINE MAGGI BACOU
                                 PHILIPPE BACOU
                               VERONIQUE MIRABEL
                                 WALTER STEPAN
                                  PHILIP BARR
                                 ADRIEN HEBERT
                                  ALAN BENNETT
                             CHRISTIAN DALLOZ S.A.
                             DANIEL U. S. SUB, INC.
                      (Name of Person(s) Filing Statement)

                    COMMON STOCK, PAR VALUE $0.001 PER SHARE
                         (Title of Class of Securities)

                                   056439102
                     (CUSIP Number of Class of Securities)
                           --------------------------

<TABLE>
<S>                    <C>                  <C>                  <C>                  <C>                  <C>
Bacou USA, Inc.        Bacou S.A.           Engineering Henri    Christophe Bacou     Walter Stepan        Philip Barr
10 Thurber Boulevard   Z.I. Paris Nord II   Bacou S.A.           38 Route de Senlis   10 Thurber           10 Thurber
Smithfield,            13, Rue de la        Z.I. Paris Nord Ii   60520 Triers sur     Boulevard            Boulevard
Rhode Island 02917     Perdrix              13, Rue de la        Treve, France        Smithfield,          Smithfield,
Telephone:             93290 Tremblay,      Perdrix              Telephone:           Rhode Island 02917   Rhode Island 02917
401-233-0333           France               93290 Tremblay,      011-33-1-49-90-70-82 Telephone:           Telephone:
                       Telephone:           France                                    401-233-0333         401-233-0333
                       011-33-1-49-90-70-00 Telephone:
                                            011-33-1-49-90-70-00
Jacqueline Maggi       Philippe Bacou       Veronique Mirabel    Christian Dalloz     Adrien Hebert        Alan Bennett
Bacou                  6 Rue des Chandrons  23 Rue des Devezes   S.A.                 10 Thurber           10 Thurber
3 Chemin de Tourronde  60810 Montepilloy,   34740 Vendargues,    63 bis, Boulevard    Boulevard            Boulevard
1009 Pully VD,         France               France               Bressieres           Smithfield,          Smithfield,
Switzerland            Telephone:           Telephone:           75017 Paris, France  Rhode Island 02917   Rhode Island 02917
Telephone:             011-33-49-90-70-01   011-33-1-49-90-70-00 Telephone:           Telephone:           Telephone:
011-33-1-49-90-70-00                                             011-33-1-53-11-19-00 401-233-0333         401-233-0333
                                            Daniel U. S. Sub, Inc.
                                            63 bis, Boulevard Bressieres
                                            75017 Paris, France
                                            Telephone: 011-33-1-53-11-19-00
</TABLE>

           (Name, Address and Telephone Number of Persons Authorized
 to Receive Notices and Communications on Behalf of Person(s) Filing Statement)

                                WITH COPIES TO:

<TABLE>
<S>                             <C>
TIMOTHY B. GOODELL, ESQ.        RONALD CAMI, ESQ.
GREGORY PRYOR, ESQ.             CRAVATH, SWAINE & MOORE
WHITE & CASE LLP                WORLDWIDE PLAZA
1155 AVENUE OF THE AMERICAS     825 EIGHTH AVENUE
NEW YORK, NEW YORK 10036        NEW YORK, NEW YORK 10019
TELEPHONE: (212) 819-8200       TELEPHONE: (212) 474-1000
</TABLE>

    This statement is filed in connection with (check the appropriate box):

    a.  /X/  The filing of solicitation materials or an information statement
             subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under
             the Securities Exchange Act of 1934.

    b.  / /  The filing of a registration statement under the Securities Act of
             1933.

    c.  / /  A tender offer.

    d.  / /  None of the above.

    Check the following box if the soliciting materials or information statement
are preliminary copies: /X/

    Check the following box if the filing is a final amendment reporting the
results of the transaction: / /

--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
<PAGE>
                         ------------------------------

                           CALCULATION OF FILING FEE

<TABLE>
<CAPTION>
                  TRANSACTION VALUATION*                                       AMOUNT OF FILING FEE**
<S>                                                          <C>
                       $515,615,085                                                   $103,123
</TABLE>

*   The transaction valuation was based upon the sum of (a) the product of
    17,681,665 Common Stock and the merger consideration of $28.50 per share and
    (b) the difference between $28.50 and the exercise price per share of Common
    Stock of each of the 962,700 shares covered by outstanding options.
**  The amount of the filing fee, calculated in accordance with
    Rule 0-11(b) of the Securities Exchange Act of 1934, equals 1/50 of 1% of
    Transaction Valuation.
/X/  Check box if any part of the fee is offset as provided by Rule 0-11(a)(2)
     and identify the filing with which the offsetting fee was previously paid.
     Identify the previous filing by registration statement number, or the form
     or schedule and the date of its filing.

<TABLE>
<S>                            <C>                          <C>            <C>
Amount Previously Paid:        $103,123                     Filing Party:  Bacou USA, Inc.
Form or Registration No.:      Schedule 14C                 Date Filed:    June 14, 2001
</TABLE>
<PAGE>
                      SECTION 13E-3 TRANSACTION STATEMENT

                                  INTRODUCTION

    This Rule 13e-3 Transaction Statement on Schedule 13E-3, Amendment No. 1 (as
amended, this "Schedule 13E-3") is being filed jointly by Bacou USA, Inc., a
Delaware corporation ("Bacou USA"), Bacou S.A., a societe anonyme duly
incorporated and legally existing under the laws of the Republic of France,
Engineering Henri Bacou S.A., a societe anonyme duly incorporated and legally
existing under the laws of the Republic of France ("Engineering Henri Bacou"),
Christophe Bacou, an individual of French nationality, Jacqueline Maggi Bacou,
an individual of French nationality Philippe Bacou, an individual of French
nationality, Veronique Mirabel, an individual of French nationality, Walter
Stepan, an individual of German nationality, Philip Barr, an individual of U.S.
nationality, Adrien Hebert, an individual of U.S. nationality, Alan Bennett, an
individual of U.S. nationality, Christian Dalloz S.A., a societe anonyme duly
incorporated and legally existing under the laws of the Republic of France
("Christian Dalloz"), and Daniel U. S. Sub, Inc., a Delaware corporation and a
wholly-owned subsidiary of Christian Dalloz ("Daniel U. S. Sub") in connection
with the Agreement and Plan of Merger, dated May 29, 2001 (the "Merger
Agreement"), among Christian Dalloz, Daniel U. S. Sub and Bacou USA. At the
effective time of the merger contemplated by the Merger Agreement, Daniel U. S.
Sub will merge with and into Bacou USA (the "Merger"), and each outstanding
share of common stock, par value $.001 per share of Bacou USA (the "Common
Stock"), other than shares of Common Stock held by any subsidiary of Bacou USA,
held in Bacou USA's treasury, held by Christian Dalloz or any subsidiary of
Christian Dalloz, held by Bacou S.A. or any subsidiary of Bacou S.A., or held by
stockholders who perfect their appraisal rights under Delaware law, will be
converted into the right to receive $28.50 in cash without interest, reduced by
applicable withholding tax.

    Concurrently with the filing of this Schedule 13E-3, Bacou USA is filing a
preliminary information statement (the "Information Statement") pursuant to
Section 14C of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), in which Bacou USA is providing information to stockholders of Bacou USA,
other than Bacou S.A., in connection with the Merger. The information set forth
in the Information Statement, including all appendices thereto, is hereby
incorporated herein by reference, and the responses to each item in this
Schedule 13E-3 are qualified in their entirety by the information contained in
the Information Statement and the appendices thereto.

ITEM 1. SUMMARY TERM SHEET

    The information set forth in the Information Statement under the captions
"QUESTIONS AND ANSWERS ABOUT THE MERGER" and "SUMMARY TERM SHEET" is
incorporated herein by reference.

ITEM 2. SUBJECT COMPANY INFORMATION

(a) The information set forth in the Information Statement under the caption
    "SUMMARY TERM SHEET--The Parties to the Merger" is incorporated herein by
    reference. Bacou USA is the issuer of the class of equity security which is
    the subject of the Rule 13e-3 transaction.

(b) As of June 13, 2001, there were 17,681,665 shares of Common Stock of Bacou
    USA outstanding.

(c) The information set forth in the Information Statement under the caption
    "INTRODUCTION--Comparative Market Price Data" is incorporated herein by
    reference.

(d) The information set forth in the Information Statement under the caption
    "INTRODUCTION--Dividends" is incorporated herein by reference.

(e) Not applicable.

                                       2
<PAGE>
(f) The information set forth in the Information Statement under the caption
    "OTHER MATTERS--Transactions in Common Stock by Certain Persons" is
    incorporated herein by reference.

ITEM 3. IDENTITY AND BACKGROUND OF FILING PERSON

(a)-(c) The information set forth in the Information Statement under the
        captions "SUMMARY TERM SHEET--The Parties to the Merger" and "SPECIAL
        FACTORS--Background of the Merger and the Related Acquisition
        Transactions" are incorporated herein by reference.

    During the last five years, none of Bacou USA, Bacou S.A., Engineering Henri
Bacou, Jacqueline Maggi Bacou, Christophe Bacou, Philippe Bacou, Veronique
Mirabel, Walter Stepan, Philip Barr, Adrien Hebert, Allan Bennett, Christian
Dalloz or Daniel U. S. Sub has been convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or has been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
resulting in a judgment, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or state securities
laws, or finding violations with respect to such laws.

    DIRECTORS AND EXECUTIVE OFFICERS OF BACOU USA.  Set forth below are the
name, address and the present principal occupations or employment of any
corporation or other organization in which such occupation or employment is
conducted, and the five-year employment history of each of the directors and
executive officers of Bacou USA. Each person identified below is a United States
citizen, except for Philippe Bacou and Christophe Bacou, who are citizens of the
Republic of France, and Walter Stepan, who is a citizen of the Federal Republic
of Germany. Unless indicated otherwise, each person's principal business address
is 10 Thurber Boulevard, Smithfield, Rhode Island 02917.

<TABLE>
<CAPTION>
                                               PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND
NAME                                         MATERIAL POSITIONS HELD DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------
<S>                                      <C>
Philippe Bacou.........................  Director of Bacou USA since 1994; Co-Chairman of the Board
                                         since May 1999, Chairman, President and Chief Executive
                                         Officer of Bacou S.A. since July 1996; previously
                                         Executive Vice President of Bacou USA, since 1993; Chief
                                         Financial Officer and Vice President Finance of Bacou S.A.
                                         since 1985; Director of Bacou S.A. since 1985.
                                         Mr. Philippe Bacou's principal business address is Zone
                                         Industrielle Paris Nord II, 13, rue de la Perdix P.B.
                                         50398, 95943 Roissy Charles-de-Gaulle Cedex, France.

Walter Stepan..........................  Director of Bacou USA since 1994; Co-Chairman since May
                                         1999, President and Chief Executive Officer from July 1994
                                         to December 1999; Chairman of the following subsidiaries:
                                         Bacou USA Safety, Inc. ("Bacou Safety"); Titmus
                                         Optical, Inc.; Perfect Fit Glove Co., LLC ("PFG").
                                         Formerly, Chairman of Uvex Safety Manufacturing, Inc.
                                         ("USM") and SCHAS Industries, Inc. ("SCHAS"), predecessor
                                         of SCHAS Industries, LLC. Also a director of Bacou S.A.,
                                         Bacou Industrial & Trading (Shanghai) Co., Ltd. (an
                                         affiliate of Bacou S.A.), Uvex Safety Australia Pty Ltd.
                                         ("UXA"), Uvex (UK) Limited ("Uvex UK"); formerly Director
                                         of Uvex Winter Optical, Inc. ("UWI") and Uvex Sports, Inc.
                                         ("USI"). UXA and Uvex UK are corporate entities in each of
                                         which Uvex Arbeitsschutz GmbH ("Uvex Germany") is majority
                                         shareholder and Bacou USA and Bacou International B.V., an
                                         affiliate of Bacou S.A., are equal minority shareholders.
                                         UWI and USI are affiliates of Uvex Germany.
</TABLE>

                                       3
<PAGE>

<TABLE>
<CAPTION>
                                               PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND
NAME                                         MATERIAL POSITIONS HELD DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------
<S>                                      <C>
Philip B. Barr.........................  Director of Bacou USA since 1995; Chief Executive Officer
                                         since January 2000; previously Chief Operating Officer
                                         from February 1999 to December 1999; Executive Vice
                                         President from October 1996 to December 1999; Vice
                                         President from August 1995 to October 1996; Chief
                                         Financial Officer and Secretary from August 1995 to May
                                         1999; Vice Chairman of PFG (including its predecessor
                                         Perfect Fit Glove Co., Inc.) since April 1999; Chairman of
                                         USM and SCHAS since January 2000; Secretary and Treasurer
                                         of Bacou Safety from December 1997 to May 1999; Vice
                                         Chairman of USM from December 1997 to December 1999; Vice
                                         Chairman of SCHAS from April 1999 to December 1999.

Christophe Bacou.......................  Director of Bacou USA since 1996; Vice President of Bacou
                                         S.A.; previously Marketing Manager of two subsidiaries of
                                         Bacou S.A.; employed by affiliates of Bacou S.A. since
                                         1990. Also, Director of Bacou S.A. Mr. Christophe Bacou's
                                         principal business address is Zone Industrielle Paris Nord
                                         II, 13, rue de la Perdix P.B. 50398, 95943 Roissy
                                         Charles-de-Gaulle Cedex, France.

Karl F. Ericson........................  Director of Bacou USA since 1996; independent business
                                         consultant since 1990. Partner with Peat Marwick
                                         Mitchell & Co., predecessor to KPMG LLP, from 1970 to
                                         1990. Also, Director of Bank Rhode Island. Mr. Ericson's
                                         principal business address is 182 Waterman Street,
                                         Providence, Rhode Island 02903.

Howard S. Leight.......................  Director of Bacou USA since 1998; founder of Howard S.
                                         Leight & Associates, Inc. (d/b/a Howard Leight
                                         Industries); President and sole stockholder of Howard
                                         Leight Industries from 1984 until February 1998.
                                         Consultant to Bacou Safety since February 1998. Director
                                         of Howard Leight Enterprises, Inc. n/k/a Continental
                                         Polymers, Inc., since 1997. Mr. Leight's principal
                                         business address is 13101 Washington Boulevard,
                                         Suite 134, Los Angeles, California 90066.

Alfred J. Verrecchia...................  Director of Bacou USA since 1999; President and Chief
                                         Operating Officer, Hasbro, Inc. from 2000 to present;
                                         Executive Vice President, Global Operations, Hasbro, Inc.
                                         from 1996 to 2000; Chief Financial Officer since 1999;
                                         previously Chief Operating Officer, Domestic Toy
                                         Operations from 1990 to 1996; Director, Hasbro, Inc.;
                                         Director, Old Stone Corporation. Mr. Verrecchia's
                                         principal business address is c/o Hasbro, Inc., 1027
                                         Newport Avenue, Pawtucket, Rhode Island, 02862.

Alan H. Bennett........................  Chief Operating Officer of Bacou USA since January 2000;
                                         Executive Vice President of Bacou USA Safety, Inc. ("Bacou
                                         Safety") from February 1999 to December 1999 and has
                                         served as President and Chief Executive Officer since
                                         January 2000; Chief Operating Officer of PFG, Platinum
                                         Protective Products, Inc., SCHAS and Titmus Optical, Inc.
                                         and as President and Chief Executive Officer of USM;
                                         previously a business consultant from 1995 to 1998 and
                                         served as President of Safety
</TABLE>

                                       4
<PAGE>

<TABLE>
<CAPTION>
                                               PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND
NAME                                         MATERIAL POSITIONS HELD DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------
<S>                                      <C>
                                         Supply America division of Figgie International from 1989
                                         to 1994.

Adrien W. Hebert.......................  Vice President--Finance and Chief Financial Officer since
                                         May 1999; Mr. Hebert served as Vice President--Finance and
                                         Corporate Controller from May 1998 until May 1999; Manager
                                         of Corporate Development of Bacou USA from April 1997 to
                                         May 1998 and Financial Consultant to Bacou USA from
                                         November 1996 until April 1997; previously, Mr. Hebert was
                                         Vice President and Chief Financial Officer of Encon
                                         Systems, Inc. from 1991 until 1996.

John F. Burt, Jr.......................  Executive Vice President of Bacou Safety from May 1998
                                         until April 30, 2001; founded Biosystems, Inc. in 1981 and
                                         served as President of that company until its merger into
                                         Bacou Safety in March 1998 and as President of the
                                         Biosystems division of Bacou Safety from March 1998 until
                                         April 30, 2001, and since that time as Founder.
                                         Mr. Burt's principal business address is c/o Biosystems,
                                         651 South Main Street, Middletown, Connecticut 06457.
</TABLE>

    To the knowledge of Bacou USA, during the last five years none of the
foregoing directors or executive officers has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors) or has been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction resulting in a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws, or finding violations with respect to such laws.

    DIRECTORS AND EXECUTIVE OFFICERS OF BACOU S.A.  Set forth below are the
name, address and the present principal occupations or employment of any
corporation or other organization in which such occupation or employment is
conducted, and the five-year employment history of each of the directors and
executive officers of Bacou S.A. Each person identified below is a citizen of
the Republic of France, except for Walter Stepan who is a citizen of the Federal
Republic of Germany. Unless indicated otherwise, each person's principal
business address is c/o Bacou S.A., Z.I. Paris Nord II, 13, rue de la Perdrix,
93290 Tremblay, France.

<TABLE>
<CAPTION>
                                         PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND MATERIAL POSITIONS HELD
NAME                                                           DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------------------
<S>                                      <C>
Guy Hedouin............................  Director and executive officer of Bacou S.A.

Christophe Bacou.......................  The information set forth in this item under the caption "Directors
                                         and Executive Officers of Bacou USA" is incorporated herein by
                                         reference.

Rene Duvert............................  Director of Bacou S.A.

Walter Stepan..........................  The information set forth in this item under the caption "Directors
                                         and Executive Officers of Bacou USA" is incorporated herein by
                                         reference.

Howard Leight..........................  Director of Bacou S.A. The information set forth in this item under
                                         the caption "Directors and Executive Officers of Bacou USA" is
                                         incorporated herein by reference.
</TABLE>

                                       5
<PAGE>

<TABLE>
<CAPTION>
                                         PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND MATERIAL POSITIONS HELD
NAME                                                           DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------------------
<S>                                      <C>
Philippe Bacou.........................  The information set forth in this item under the caption "Directors
                                         and Executive Officers of Bacou USA" is incorporated herein by
                                         reference.
</TABLE>

    To the knowledge of Bacou S.A., during the last five years none of the
foregoing directors or executive officers has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors) or has been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction resulting in a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws, or finding violations with respect to such laws.

    DIRECTORS AND EXECUTIVE OFFICERS OF ENGINEERING HENRI BACOU.  Set forth
below are the name, address and the present principal occupations or employment
of any corporation or other organization in which such occupation or employment
is conducted, and the five-year employment history of each of the directors and
executive officers of Engineering Henri Bacou. Each person identified below is a
citizen of the Republic of France. Unless indicated otherwise, each person's
principal business address is c/o Engineering Henri Bacou, Z.I. Paris Nord II,
13, rue de la Perdrix, 93290 Tremblay, France.

<TABLE>
<CAPTION>
                                         PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND MATERIAL POSITIONS HELD
NAME                                                           DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------------------
<S>                                      <C>
Veronique Mirabel......................  Director and executive officer of Engineering Henri Bacou.

Jacqueline Maggi Bacou.................  Director and executive officer of Engineering Henri Bacou. Managing
                                         Director of Guanne Protection until November 2000.

Christophe Bacou.......................  The information set forth in this item under the caption "Directors
                                         and Executive Officers of Bacou USA" is incorporated herein by
                                         reference.

Philippe Bacou.........................  The information set forth in this item under the caption "Directors
                                         and Executive Officers of Bacou USA" is incorporated herein by
                                         reference.
</TABLE>

    To the knowledge of Engineering Henri Bacou, during the last five years none
of the foregoing directors or executive officers has been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) or
has been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction resulting in a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws, or finding violations with respect to such laws.

    DIRECTORS AND EXECUTIVE OFFICERS OF CHRISTIAN DALLOZ.  Set forth below are
the name, address and the present principal occupations or employment of any
corporation or other organization in which such occupation or employment is
conducted, and the five-year employment history of each of the directors and
executive officers of Christian Dalloz. Each person identified below is a
citizen of the Republic of France, except for Donald McCroskey, Joe Reimer,
Jerry McGurkin, Rod Fogelman, and Julius Tilley, who are citizens of the United
States. Unless indicated otherwise, each person's principal address is 63 bis,
Boulevard Bressieres 75017 Paris, France.

<TABLE>
<CAPTION>
                                         PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND MATERIAL POSITIONS HELD
NAME                                                           DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------------------
<S>                                      <C>
Mr. Philippe Alfroid...................  Chairman of Christian Dalloz SA since July 1992. Director of Christian
                                         Dalloz SA since April 1991. Mr. Alfroid's principal
</TABLE>

                                       6
<PAGE>

<TABLE>
<CAPTION>
                                         PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND MATERIAL POSITIONS HELD
NAME                                                           DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------------------
<S>                                      <C>
                                         business address is c/o Essilor International 147 rue de Paris
                                         Charenton-Le-Pont 94220, France

Mr. Claude-Henri Balleyguier...........  Director and Chief Executive Officer of Christian Dalloz SA since
                                         September 1999; President, Europe, Tektronix from 1996 to 1998.
                                         Mr. Balleyguier's principal business address is c/o Dalloz
                                         Safety, Inc. 2nd & Washington Streets P.O. Box 622 Reading, PA
                                         19603-0622

Ms. Ginette Dalloz.....................  General Manager of Christian Dalloz SA since July 1992; Director of
                                         Christian Dalloz SA since April 1983.

Financiere Christian Dalloz
(represented by Jean-Claude Boisset)...  Director of Christian Dalloz SA since June 1992. Mr. Dalloz'
                                         principal business address is Financiere Christian Dalloz 147 rue de
                                         Paris Charenton-Le-Pont 94220, France

Mr. Gerard Cottet......................  Director of Christian Dalloz SA since July 1992.

Mr. Francois Faiveley..................  Director of Christian Dalloz SA; Chairman and Chief Executive Officer,
                                         Francois Faiveley Participations and Financiere Faiveley C.V.V.B.,
                                         S.B.E.V.; Manager, Faiveley Freres, Cosodec.

Mr. Donald McCroskey...................  Director of Christian Dalloz SA since May 1996.

Mr. Joe Reimer.........................  President of Fall Protection Division and MBU America; with Christian
                                         Dalloz since February 1981. Mr. Reimer's principal business address is
                                         c/o Dalloz Safety, Inc. 2nd & Washington Streets P.O. Box 622 Reading,
                                         PA 19603

Mr. Jerry McGurkin.....................  Senior Vice President and General Manager, MBU Australia, PBU Hearing
                                         and Respiratory; with Christian Dalloz since September 1995.
                                         Mr. McGurkin's principal business address is c/ o Dalloz Safety, Inc.
                                         2nd & Washington Streets P.O. Box 622 Reading, PA 19603

Mr. Herve Meillat......................  President, Eyewear Group; with Christian Dalloz since August 1998.
                                         Mr. Meillat's principal business address is c/o Dalloz Safety, Inc.
                                         2nd & Washington Streets P.O. Box 622 Reading, PA 19603-0622

Mr. Pascal Ode.........................  Senior Vice President and General Manager, MBU Europe and Asia, since
                                         July 2000; General Manager, France and Segment Manager, Smart Cards,
                                         Europe, Philips Semi-Conductors, from 1997 to 2000; Marketing
                                         Director, Europe, Schneider Electric, SA, from 1992 to 1997.

Mr. Brice de la Morandiere.............  Chief Financial Officer since June 1998; Finance Director, Carnaud
                                         Metalbox, from February 1996 to June 1998. Mr. de la Morandiere's
                                         principal business address is c/o Dalloz Safety, Inc. 2nd &
                                         Washington Streets P.O. Box 622 Reading, PA 19603-0622

Mr. Rod Fogelman.......................  Senior Vice President, Human Resources; with Christian Dalloz since
                                         October 1975. Mr. Fogelman's principal business address is
</TABLE>

                                       7
<PAGE>

<TABLE>
<CAPTION>
                                         PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND MATERIAL POSITIONS HELD
NAME                                                           DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------------------
<S>                                      <C>
                                         c/o Dalloz Safety, Inc. 2nd & Washington Streets P.O. Box 622 Reading,
                                         PA 19603-0622

Mr. Julius Tilley......................  Chief Information Officer since August 1998; Principal Consultant,
                                         Price Waterhouse, LLP, from January to July 1998; Information
                                         Services Operations Manager, OKIDATA Corporation, from May 1995 to
                                         December 1997. Mr. Tilley's principal business address is Christian
                                         Dalloz IT Center, Chadds Ford Business Campus Brandywine Two, Chadds
                                         Ford, PA 19317-9868
</TABLE>

    To the knowledge of Christian Dalloz, during the last five years none of the
foregoing directors or executive officers has been convicted in a criminal
proceeding (excluding traffic violations or similar misdemeanors) or has been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction resulting in a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws, or finding violations with respect to such laws.

    DIRECTORS AND EXECUTIVE OFFICERS OF DANIEL U. S. SUB.  Set forth below is
the name, address and the present principal occupation or employment of any
corporation or other organization in which such occupation or employment is
conducted, and the five-year employment history of the sole director and
executive officer of Daniel U. S. Sub. Mr. de la Morandiere is a citizen of the
Republic of France and his principal business address is c/o Dalloz
Safety, Inc., 2nd & Washington Streets, P.O. Box 622, Reading, Pennsylvania
19603-0622.

<TABLE>
<CAPTION>
                                         PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND MATERIAL POSITIONS HELD
NAME                                                           DURING THE PAST FIVE YEARS
----                                     ----------------------------------------------------------------------
<S>                                      <C>
Mr. Brice de la Morandiere.............  Director and President of Daniel U. S. Sub since May 2001; Chief
                                         Financial Officer of Christian Dalloz since June 1998; Finance
                                         Director, Carnaud Metalbox, from February 1996 to June 1998.
</TABLE>

    To the knowledge of Daniel U. S. Sub, during the last five years
Mr. de la Morandiere has not been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or has been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction
resulting in a judgment, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or state securities
laws, or finding violations with respect to such laws.

    PHILIPPE BACOU.  The information set forth in this item under the caption
"Directors and Executive Officers of Bacou USA" is incorporated herein by
reference.

    JACQUELINE MAGGI BACOU.  The information set forth in this item under the
caption "Directors and Executive Officers of Engineering Henri Bacou" is
incorporated herein by reference.

    CHRISTOPHE BACOU.  The information set forth in this item under the caption
"Directors and Executive Officers of Bacou USA" is incorporated herein by
reference.

    VERONIQUE BACOU.  The information set forth in this item under the caption
"Directors and Executive Officers of Engineering Henri Bacou" is incorporated
herein by reference.

ITEM 4. TERMS OF THE TRANSACTION

<TABLE>
<S>                     <C>
(a)(l)                  Not applicable.
</TABLE>

                                       8
<PAGE>
<TABLE>
<S>                     <C>
(a)(2)(i)               The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER" and
                        "SUMMARY TERM SHEET" is incorporated herein by reference.

(a)(2)(ii)              The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER" and
                        "INTRODUCTION" is incorporated herein by reference.

(a)(2)(iii)             The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER",
                        "SPECIAL FACTORS--Reasons for the Approvals by the Oversight
                        Committee and our Board of Directors" and "SPECIAL
                        FACTORS--Christian Dalloz's Reasons for the Merger" is
                        incorporated herein by reference.

(a)(2)(iv)              The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER",
                        "SUMMARY TERM SHEET--Our Majority Stockholder; No Further
                        Stockholder Approval Required" and "SPECIAL FACTORS--Our
                        Majority Stockholder; No Further Stockholder Approval
                        Required" is incorporated herein by reference.

(a)(2)(v)               The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER",
                        "SUMMARY TERM SHEET" and "THE MERGER--The Merger
                        Agreement--Consideration to be Received by the Stockholders"
                        is incorporated herein by reference.

(a)(2)(vi)              The information set forth in the Information Statement under
                        the caption "SUMMARY TERM SHEET--Accounting Treatment" is
                        incorporated herein by reference.

(a)(2)(vii)             The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER",
                        "SUMMARY TERM SHEET--Material U.S. Federal Income Tax
                        Consequences" and "SPECIAL FACTORS--Material U.S. Federal
                        Income Tax Consequences of the Merger to our Stockholders"
                        is incorporated herein by reference.

(c)                     The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER",
                        "SUMMARY TERM SHEET--Our Majority Stockholder; No Further
                        Stockholder Approval Required", "INTRODUCTION", "SPECIAL
                        FACTORS--Our Majority Stockholder; No Further Stockholder
                        Approval Required" and "THE MERGER--Payment of Merger
                        Consideration and Surrender of Stock Certificates" is
                        incorporated herein by reference.

(d)                     The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER",
                        "SUMMARY TERM SHEET--Appraisal Rights " and "THE
                        MERGER--Appraisal Rights" is incorporated herein by
                        reference.

(e)                     The information set forth in the Information Statement under
                        the caption "OTHER MATTERS--Provisions for Unaffiliated
                        Stockholders" is incorporated herein by reference.

(f)                     Not applicable.
</TABLE>

ITEM 5. PAST CONTACTS, TRANSACTIONS, NEGOTIATIONS AND AGREEMENTS

<TABLE>
<CAPTION>

<S>                     <C>

(a)(1)                  The information set forth in the Information Statement under
                        the captions "SUMMARY TERM SHEET--Interests of Certain
                        Parties in the Merger and Related Acquisition Transactions;
                        Potential Conflicts of Interest", "THE MERGER--The Merger
                        Agreement" and
</TABLE>

                                       9
<PAGE>
<TABLE>
<S>                     <C>
                        "OTHER MATTERS--Information Incorporated by Reference" is
                        incorporated herein by reference.

(a)(2)                  The information set forth in the Information Statement under
                        the caption "SPECIAL FACTORS--Interests of Certain Parties
                        in the Merger and Related Acquisition Transactions;
                        Potential Conflicts of Interest" is incorporated herein by
                        reference.

(b)-(c)                 The information set forth in the Information Statement under
                        the caption "SPECIAL FACTORS--Background of the Merger and
                        the Related Acquisition Transactions" is incorporated herein
                        by reference.

(e)                     The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER",
                        "SUMMARY TERM SHEET--Combination of the Bacou Group and
                        Christian Dalloz", "SUMMARY TERM SHEET--Our Majority
                        Stockholder; No Further Stockholder Approval Required",
                        "SUMMARY TERM SHEET--Interests of Certain Parties in the
                        Merger and Related Acquisition Transactions; Potential
                        Conflicts of Interest", "INTRODUCTION", "SPECIAL
                        FACTORS--Background of the Merger and the Related
                        Acquisition Transactions", "SPECIAL FACTORS--Our Majority
                        Stockholder; No Further Stockholder Approval Required",
                        "SPECIAL FACTORS--Interests of Certain Parties in the Merger
                        and Related Acquisition Transactions; Potential Conflicts of
                        Interest", "THE MERGER--The Merger Agreement" and "THE
                        MERGER--The Stockholder Agreement" is incorporated herein by
                        reference. The information set forth in Exhibit (d) is
                        incorporated herein by reference.
</TABLE>

ITEM 6. PURPOSES OF THE TRANSACTION AND PLANS OR PROPOSALS

<TABLE>
<S>                     <C>
(b)                     The information set forth in the Information Statement under
                        the captions "SPECIAL FACTORS--Purpose and Structure of the
                        Merger", "SPECIAL FACTORS--Certain Effects of the Merger"
                        and "THE MERGER--The Merger Agreement--Consideration to be
                        Received by the Stockholders" is incorporated herein by
                        reference.

(c)(1)-(8)              The information set forth in the Information Statement under
                        the captions "SUMMARY TERM SHEET--Effects of the Merger",
                        "SPECIAL FACTORS--Certain Effects of the Merger", "SPECIAL
                        FACTORS--Plans for Bacou USA after the Merger" and "SPECIAL
                        FACTORS--Interest of Certain Parties in the Merger and
                        Related Acquisition Transactions; Potential Conflicts of
                        Interest" is incorporated herein by reference.
</TABLE>

ITEM 7. PURPOSES, ALTERNATIVES, REASONS AND EFFECTS

(a) The information set forth in the Information Statement under the captions
    "SPECIAL FACTORS--Background of the Merger and the Related Acquisition
    Transactions" and "SPECIAL FACTORS--Purpose and Structure of the Merger" is
    incorporated herein by reference.

(b) The information set forth in the Information Statement under the captions
    "SPECIAL FACTORS--Background of the Merger and the Related Acquisition
    Transactions", "SPECIAL FACTORS--Opinion of UBS Warburg LLC", "SPECIAL
    FACTORS--Reasons for the Approvals by the Oversight Committee and our Board
    of Directors" and "SPECIAL FACTORS--Purpose and Structure of the Merger" is
    incorporated herein by reference.

(c) The information set forth in the Information Statement under the captions
    "SUMMARY TERM SHEET--Approval of the Oversight Committee and our Board of
    Directors", "SPECIAL FACTORS--Background of the Merger and the Related
    Acquisition Transactions", "SPECIAL FACTORS--Opinion of UBS Warburg LLC",
    "SPECIAL FACTORS--Reasons for the Approvals by the Oversight Committee and
    our Board of Directors", "SPECIAL FACTORS--Christian

                                       10
<PAGE>
    Dalloz's Reasons for the Merger" and "SPECIAL FACTORS--Purpose and Structure
    of the Merger" is incorporated herein by reference.

(d) The information set forth in the Information Statement under the captions
    "QUESTIONS AND ANSWERS ABOUT THE MERGER", "SUMMARY TERM SHEET--Effects of
    the Merger", "SUMMARY TERM SHEET--Interests of Certain Parties in the Merger
    and Related Acquisition Transactions; Potential Conflicts of Interest",
    "SUMMARY TERM SHEET--Material U.S. Federal Income Tax Consequences",
    "SPECIAL FACTORS--Background of the Merger and the Related Acquisition
    Transactions", "SPECIAL FACTORS--Opinion of UBS Warburg LLC", "SPECIAL
    FACTORS--Purpose and Structure of the Merger", "SPECIAL FACTORS--Certain
    Effects of the Merger", "SPECIAL FACTORS--Plans for Bacou USA after the
    Merger", "SPECIAL FACTORS--Material U.S. Federal Income Tax Consequences of
    the Merger to our Stockholders" and "THE MERGER--The Merger Agreement" is
    incorporated herein by reference.

ITEM 8. FAIRNESS OF THE TRANSACTION

<TABLE>
<S>                     <C>
(a)-(f)                 The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER",
                        "SUMMARY TERM SHEET--Approval of the Oversight Committee and
                        our Board of Directors", "INTRODUCTION", "SPECIAL
                        FACTORS--Our Majority Stockholder; No Further Stockholder
                        Approval Required", "THE MERGER--The Merger Agreement",
                        "SPECIAL FACTORS--Background of the Merger and the Related
                        Acquisition Transactions", "SPECIAL FACTORS--Opinion of UBS
                        Warburg LLC", "SPECIAL FACTORS--Reasons for the Approvals by
                        the Oversight Committee and our Board of Directors",
                        "SPECIAL FACTORS--Bacou USA's Position as to the Fairness of
                        the Merger", "SPECIAL FACTORS--Bacou S.A.'s, Engineering
                        Henri Bacou's and the Bacou Family's Positions as to the
                        Fairness of the Merger" and "SPECIAL FACTORS--Christian
                        Dalloz's Position as to the Fairness of the Merger" is
                        incorporated herein by reference.
</TABLE>

ITEM 9. REPORTS, OPINIONS, APPRAISALS AND NEGOTIATIONS

<TABLE>
<S>                     <C>
(a)-(c)                 The information set forth in the Information Statement under
                        the captions "SUMMARY TERM SHEET--Opinion of UBS Warburg
                        LLC", and "SPECIAL FACTORS--Opinion of UBS Warburg LLC" is
                        incorporated herein by reference. The full text of the
                        written opinion of UBS Warburg LLC, dated May 25, 2001, is
                        attached to the Information Statement as Appendix B.
</TABLE>

ITEM 10. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

<TABLE>
<S>                     <C>
(a)-(d)                 The information set forth in the Information Statement under
                        the captions "SUMMARY TERM SHEET--The Merger
                        Agreement--Financing of the Merger; Fees and Expenses of the
                        Merger", "SPECIAL FACTORS--The Global Transaction--Financing
                        of the Global Transaction" and "THE MERGER--Financing of the
                        Merger; Fees and Expenses of the Merger" is incorporated
                        herein by reference.
</TABLE>

                                       11
<PAGE>
ITEM 11. INTEREST IN THE SUBJECT COMPANY SECURITIES

<TABLE>
<S>                     <C>
(a)                     The information set forth in the Information Statement under
                        the captions "QUESTIONS AND ANSWERS ABOUT THE MERGER" and
                        "OTHER MATTERS--Security Ownership of Certain Beneficial
                        Owners and Management" is incorporated herein by reference.

(b)(1)-(5)              The information set forth in the Information Statement under
                        the caption "OTHER MATTERS--Transactions in Common Stock by
                        Certain Persons" is incorporated herein by reference.
</TABLE>

ITEM 12. THE SOLICITATION OR RECOMMENDATION

(d) The information set forth in the Information Statement under the captions
    "SUMMARY TERM SHEET--Our Majority Stockholder; No Further Stockholder
    Approval Required", "INTRODUCTION", "SPECIAL FACTORS--Our Majority
    Stockholder; No Further Stockholder Approval Required" and "SPECIAL
    FACTORS--Bacou USA's Position as to the Fairness of the Merger" is
    incorporated herein by reference.

(e) The information set forth in the Information Statement under the captions
    "SUMMARY TERM SHEET--Approval of the Oversight Committee and our Board of
    Directors", "SPECIAL FACTORS--Reasons for the Approvals by the Oversight
    Committee and our Board of Directors", "SPECIAL FACTORS--Bacou USA's
    Position as to the Fairness of the Merger" and "SPECIAL FACTORS--Christian
    Dalloz's Reasons for the Merger" is incorporated herein by reference.

ITEM 13. FINANCIAL STATEMENTS

(a) The information set forth in the Information Statement under the captions
    "INTRODUCTION--Our Selected Consolidated Financial Information",
    "INTRODUCTION--Consolidated Ratios of Earnings to Fixed Charges and Book
    Value Per Share" and "OTHER MATTERS--Information Incorporated by Reference"
    is incorporated herein by reference.

(b) Not applicable.

ITEM 14. PERSON/ASSETS, RETAINED, EMPLOYED, COMPENSATED OR USED

(a) Not applicable.

(b) The information set forth in the Information Statement under the captions
    "QUESTIONS AND ANSWERS ABOUT THE MERGER" and "THE MERGER--Financing of the
    Merger; Fees and Expenses of the Merger" is incorporated herein by
    reference.

ITEM 15. ADDITIONAL INFORMATION

(b) The information set forth in the Information Statement and appendices
    thereto is incorporated by reference herein.

                                       12
<PAGE>
ITEM 16. EXHIBITS

<TABLE>
<S>                     <C>
(a)(1)                  Preliminary Information Statement of Bacou USA dated
                        July 27, 2001 is incorporated by reference herein.

(a)(2)                  Agreement and Plan Of Merger dated as of May 29, 2001 among
                        Christian Dalloz, Daniel U.S. Sub, Inc. and Bacou USA
                        (attached as Appendix A to the Information Statement and
                        incorporated by reference herein).

(c)(1)                  Opinion of UBS Warburg LLC, dated May 25, 2001 (attached as
                        Appendix B to the Information Statement and incorporated by
                        reference herein).

(c)(2)                  Materials presented by UBS Warburg LLC to the Oversight
                        Committee on May 25, 2001.

(c)(3)                  Computation of Ratio of Earnings to Fixed Charges.

(c)(4)                  Report of Messrs. Barr, Stepan and Herbert presented at the
                        meeting of the Oversight Committee on March 27, 2001.

(c)(5)                  Report of Deutsche Bank, dated May 29, 2001, presented at
                        the May 29, 2001 meeting of the Board of Directors of
                        Bacou USA.

(d)                     Company Stockholder Agreement, dated as of May 29, 2001,
                        between Bacou S.A. and Dalloz.

(f)                     Section 262 of the Delaware General Corporation Law
                        (attached as Appendix C to the Information Statement and
                        incorporated by reference herein).

(g)                     Not applicable.
</TABLE>

                                       13
<PAGE>
                                   SIGNATURE

    After due inquiry and to the best of my knowledge and belief, each of the
undersigned does certify that the information set forth in this statement is
true, complete and correct.

<TABLE>
<S>                                                    <C>    <C>
                                                       BACOU USA, INC.

                                                       By:              /s/ PHILIP B. BARR
                                                              --------------------------------------
                                                       Name:  Philip B. Barr
                                                       Title: President and Chief Executive Officer

                                                       BACOU S.A.

                                                       By:              /s/ PHILIPPE BACOU
                                                              --------------------------------------
                                                       Name:  Philippe Bacou
                                                       Title: President and Chief Executive Officer

                                                       ENGINEERING HENRI BACOU S.A.

                                                       By:              /s/ PHILIPPE BACOU
                                                              --------------------------------------
                                                       Name:  Philippe Bacou
                                                       Title: President and Chief Executive Officer

                                                       PHILIPPE BACOU

                                                                     /S/ PHILIPPE BACOU
                                                       ---------------------------------------------

                                                       CHRISTOPHE BACOU

                                                                    /S/ CHRISTOPHE BACOU
                                                       ---------------------------------------------

                                                       JACQUELINE MAGGI BACOU

                                                                 /S/ JACQUELINE MAGGI BACOU
                                                       ---------------------------------------------

                                                       VERONIQUE MIRABEL

                                                                   /S/ VERONIQUE MIRABEL
                                                       ---------------------------------------------

                                                       CHRISTIAN DALLOZ

                                                       By:             /s/ PHILIPPE ALFROID
                                                              --------------------------------------
                                                       Name:  Philippe Alfroid
                                                       Title: President
</TABLE>

                                       14
<PAGE>
<TABLE>
<S>                                                    <C>    <C>
                                                       WALTER STEPAN

                                                       By:               /s/ WALTER STEPAN
                                                              --------------------------------------

                                                       PHILIP BARR

                                                       By:              /s/ PHILIP B. BARR
                                                              --------------------------------------

                                                       ADRIEN HEBERT

                                                       By:               /s/ ADRIEN HEBERT
                                                              --------------------------------------

                                                       ALAN BENNETT

                                                       By:               /s/ ALAN BENNETT
                                                              --------------------------------------

                                                       DANIEL U. S. SUB., INC.

                                                       By:          /s/ BRICE DE LA MORANDIERE
                                                              --------------------------------------
                                                       Name:  Brice de la Morandiere
                                                       Title: President

Dated: July 27, 2001
</TABLE>

                                       15
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(C)(2)
<SEQUENCE>2
<FILENAME>a2051688zex-99_c2.txt
<DESCRIPTION>EXHIBIT 99.(C)(2)
<TEXT>

<PAGE>

                                                               Exhibit 99.(c)(2)

--------------------------------------------------------------------------------

The accompanying material was compiled on a confidential basis for use solely by
the Oversight Committee of the Board of Directors of Bacou USA, Inc. (the
"Company" or "Bacou USA") in evaluating the proposed transaction described
herein. This material is not intended to provide the sole basis for evaluating
the transaction, does not purport to contain all the information that may be
required and should not be considered a recommendation with respect to the
transaction. This material was prepared for a specific use by specific persons
and was not prepared to conform with any disclosure standards under applicable
federal securities laws or otherwise. Neither the Company nor UBS Warburg LLC
("UBS Warburg") nor any of their respective officers, directors, employees,
affiliates, advisors, agents or representatives warrants the accuracy or
completeness of any of the material set forth herein. Nothing contained in the
accompanying material is, or shall be relied upon as, a promise or
representation as to the past or the future.

It should be understood that any estimates, valuations and/or projections
contained in the accompanying material were prepared or derived from information
supplied by the Company without any independent verification thereof by UBS
Warburg. Accordingly, no representation or warranty can be or is made by UBS
Warburg as to the accuracy or achievability of any such valuations, estimates
and/or projections and UBS Warburg expressly disclaims any and all liability
relating to or resulting from the use of this material. Actual results may vary
from such estimates, valuations or projections and such variations may be
material. This material must not be copied, reproduced, distributed or passed to
others at any time without the prior written consent of UBS Warburg.

[LOGO] UBS Warburg

<PAGE>

Contents
--------------------------------------------------------------------------------

SECTION 1     Transaction Overview ......................................1

SECTION 2     Summary of the DB Sale Process ............................6

SECTION 3     Company Overview ..........................................9

SECTION 4     Valuation Analyses .......................................23

APPENDICES A Comparable Public Companies Analysis--Company Descriptions

           B Comparable Transactions Analysis--Target Descriptions

[LOGO] UBS Warburg

<PAGE>

Transaction Overview
--------------------------------------------------------------------------------
SECTION 1

[LOGO] UBS Warburg

<PAGE>

Transaction Overview
--------------------------------------------------------------------------------

o     Christian Dalloz S.A. ("Dalloz") has proposed to acquire, directly and
      indirectly, all of the outstanding shares of Bacou S.A. ("Bacou SA" or the
      "Principal Company Stockholder") through a series of share purchases and
      related transactions. The proposed consideration to be paid to the
      shareholders of Bacou SA is to be comprised of cash and shares of Dalloz
      common stock (collectively, the "French Transactions").

o     In connection with the French Transactions, Dalloz also proposes to
      acquire all of the outstanding shares of common stock of Bacou USA, Inc.
      ("Bacou USA" or the "Company"), par value $.001 per share (the "Company
      Common Stock"), not owned by Dalloz, Dalloz Safety, Inc. ("Sub"), the
      Company or Bacou SA. Bacou USA is a majority-owned subsidiary of Bacou SA.

o     Pursuant to the draft Agreement and Plan of Merger (the "Agreement") dated
      May 23, 2001 to be entered into by the Company, Dalloz and Sub, a Delaware
      corporation and a wholly owned subsidiary of Dalloz:

      --    Sub will merge with and into the Company (the "Merger"); and

      --    shares of the Company (other than shares held by Bacou SA and
            Appraisal Shares (as defined in the Agreement)) will be converted
            into the right to receive US$28.50 per share in cash (the "Merger
            Consideration"), subject to the terms and conditions as set forth in
            the Agreement.

o     Financing for the Merger and the cash portion of the French Transactions
      is to be provided from several sources: (i) senior secured credit
      facilities provided by JP Morgan plc and BNP Paribas and (ii) cash equity
      financing provided by certain third party investors.

o     Financing specifically for the Merger (and refinancing of Bacou USA debt)
      will be in the form of two term bank loan facilities: (i) a US$160 million
      loan (5 years, amortizing); and (ii) a US$113 million loan (5 years,
      amortizing).

o     Financing for the acquisition of Bacou SA (and related debt refinancing)
      will be in the form of a FRF2,055.0 million (~US$268 million) term bank
      loan (5 years, amortizing) and approximately FRF42O million (~US$55
      million) of cash equity financing.

o     Additional bank financing will be provided by a 5 year, multicurrency
      revolving credit facility in the amount of FRF65O million (~US$85
      million) to be used for working capital purposes and debt refinancing.


[LOGO] UBS Warburg                            Section 1: Transaction Overview  2
<PAGE>

Relevant Parties to the Transaction
--------------------------------------------------------------------------------

BACOU S.A.

o     Bacou SA is a leading global manufacturer of a broad range of branded
      safety products renowned for their performance, reliability and high
      end-user acceptance. Founded in France in 1974 by Henri Bacou, the
      Company has grown globally through strategic acquisitions, product line
      expansion and internal growth

o     Bacou SA is comprised of two major geographic operations:

      --    Bacou France and its affiliates are primarily focused in Europe
      --    Bacou USA is primarily focused in the Americas. Bacou USA is 71.3%
            owned by Bacou SA and approximately 28.7% owned by public
            shareholders and insiders

BACOU USA, INC.

o     Bacou USA designs, manufactures and sells safety products that protect the
      sight, hearing, hands and respiratory systems of workers against
      occupational hazards, and related instruments such as gas monitors and
      test equipment for SCBA products. In 2000, Bacou USA generated
      approximately $320 million in sales, predominantly through industrial
      safety distributors

o     Since its inception, Bacou USA has had an aggressive growth strategy that
      has included successful acquisitions of 10 businesses to broaden the
      Company's product offerings and to build a one-stop provider of industrial
      safety products

o     The Company is based in Smithfield, Rhode Island and operates 12
      manufacturing plants and warehouses in eight states and Mexico and three
      regional sales offices in two states and the UK. As of December 31, 2000,
      Bacou USA employed 2,460 people on a full-time basis

CHRISTIAN DALLOZ S.A.

o     Christian Dalloz S.A. is a leading personal protective equipment company
      with sales in 75 countries and a global network of qualified distributors.
      Dalloz has expanded, in part, through a series of strategic acquisitions

o     Dalloz holds key market positions in hearing, eye, respiratory and fall
      protection products worldwide. Dalloz has strong name recognition with
      brands such as Wilson, Pulsafe, and Bilsum

o     For fiscal year 2000, sales were EUR 256.5 million ($236.7 million), an
      increase of 40.7% year over year (driven mostly by the Fall Protection and
      Sun Lenses segments), and net income of EUR 15.6 million ($14.4 million)


[LOGO] UBS Warburg                            Section 1: Transaction Overview  3
<PAGE>

Principal Terms & Conditions
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Form of Transaction:    o     Reverse triangular merger of Sub with and into the
                              company

Merger Consideration:   o     US$28.50 per share in cash

Tax Structure:          o     Fully taxable to selling shareholders

Accounting Treatment:   o     Purchase accounting under US GAAP

Governing Law:          o     State of Delaware

Significant Conditions  o     Oversight Committee will have: (i) approved the
and Other Terms:              Agreement and the Merger and recommended approval
                              of same by the Board of Directors of the Company;
                              and (ii) determined that the Agreement and Merger
                              are advisable and in the best interests of the
                              Company and each of the holders of the Company
                              Common Stock (other than the Principal Company
                              Stockholder)

                        o     Company's Board of Directors will have: (i)
                              approved the Agreement and the Merger and
                              recommended adoption of same by the Company's
                              shareholders (other than the Principal Company
                              Stockholder); (ii) determined that the Agreement
                              and the Merger are advisable and in the best
                              interests of the Company and each of the holders
                              of the Company Common Stock (other than the
                              Principal Company Stockholder), and (iii) adopted
                              resolutions terminating the Letter Agreement dated
                              July 13, 2000 between certain members of the Bacou
                              family and the Company

                        o     Affirmative vote by a majority of the votes by the
                              Company's shareholders in favor of the Merger
                              (Bacou SA ownership represents 71.3% of the vote)

                        o     Customary conditions relating to regulatory
                              approvals (e.g., HSR Act, among others) and no
                              material adverse change

                        o     Appraisal rights for holders of Company Common
                              Stock

                        o     No shop provision

                        o     Satisfaction of (or waiver of) all conditions
                              precedent to the consummation of the French
                              Transactions (as defined in the Master Agreement
                              relating to the combination of Dalloz and Bacou
                              SA), other than the Merger

Termination Conditions: o     Customary termination conditions and provisions
                              including:

                              --    Termination by mutual consent

                              --    Termination by either the Company or
                                    Dalloz, if (i) the Merger is not
                                    consummated by December 31, 2001, (ii)
                                    failure to receive the requisite vote in
                                    favor of the Merger; and (iii) the
                                    agreements forming or governing the French
                                    Transactions are terminated in accordance
                                    with their terms

                              --    no termination fee

--------------------------------------------------------------------------------


[LOGO] UBS Warburg                            Section 1: Transaction Overview  4
<PAGE>

Valuation Analysis at Proposed Transaction Price
--------------------------------------------------------------------------------

Transaction Value of Bacou USA at Proposed Transaction Price(1)

(US$mm, except per share)
-------------------------------------------------------------------------
Proposed Transaction Price Per Share (US$)                  28.50
Total Diluted Shares Outstanding (millions)                18.644
-------------------------------------------------------------------------
                                                            531.4
Less: Option Proceeds                                      (15.8)
=========================================================================
TRANSACTION EQUITY MARKET VALUE                             515.6
=========================================================================
Plus: Debt                                                  115.3
Less: Cash and Equivalents                                 (16.8)
=========================================================================
TRANSACTION ENTERPRISE VALUE                                614.0
=========================================================================

Implied Valuation Multiples at Proposed Transaction Price(2)

                                      Variable
                                      (USSMM)              US$28.50
-------------------------------------------------------------------------
TEV/LTM Pro Forma Revenue               322.5                 1.9x
TEV/LTM Pro Forma EBITDA                 78.5                 7.8
TEV/LTM Pro Forma EBIT                   58.6                10.5
EMV/LTM Pro Forma Net Income             32.0                16.1
-------------------------------------------------------------------------

SOURCE: Company reports and SEC filings

NOTES:

(1)   Based on the Company's balance sheet as of April 30, 2001
(2)   Implied multiples based on the Company's adjusted pro forma operating
      results for the latest twelve months ("LTM") ended April 30, 2001


[LOGO] UBS Warburg                            Section 1: Transaction Overview  5
<PAGE>

Summary of the DB Sale Process
--------------------------------------------------------------------------------
SECTION 2

[LOGO] UBS Warburg

<PAGE>

Summary of the DB Sale Process
--------------------------------------------------------------------------------

o     The following comments are based on conversations with and materials
      provided by Deutsche Bank ("DB")

      o     The Bacou SA solicitation process ("Project Sauvegarde") was
            conducted in two rounds: Round 1 (indication of interest) was
            conducted during August and September 2000 while Round 2 (management
            presentations, data rooms and detailed due diligence) was conducted
            during October and November 2000

      o     During Round 1, DB and Deloitte & Touche Corporate Finance contacted
            130 parties, both strategic and financial, with over 60% of the
            prospective purchasers located in the United States with the balance
            from Europe

      o     Prospective purchasers were instructed to submit indications for the
            acquisition of Bacou SA in its entirety with separate valuation
            indications for Bacou USA and Bacou SA (European operations only)

      o     Round 1 resulted in the submission of 27 non-binding written
            indications of interest for all or parts of Bacou SA with an
            allocated enterprise valuation range for Bacou USA of $585 to $775
            million which translated into a per share valuation range of $24.97
            to $35.00. Each indication was subject to material conditions,
            including availability of financing

            --    20 bids gave separate value indications for Bacou USA and
                  Bacou SA (European operations only)

            --    3 bids gave values for the entire Bacou SA (consolidated)
                  business (without specifying a separate value for Bacou USA)

            --    4 written indications for specific parts of Bacou SA or Bacou
                  USA; and

            --    4 oral indications which did not state any values

      o     Nine prospective purchasers were invited to Round 2, resulting in
            two conditional offers

            --    both Finalist 1 and Finalist 2 proposed $25.00 per share for
                  the Bacou USA minority interest

      o     An exclusivity agreement was executed in January 2001 between Bacou
            SA and Finalist 1; discussions with Finalist 1 were subsequently
            terminated in early February 2001

      o     In late February 2001, Rothschild & Cie ("Rothschild"), Dalloz'
            financial advisor, met with DB to discuss a potential transaction
            between the parties. Discussions continued for a month

      o     In late March 2001, an exclusivity agreement was executed between
            Dalloz and Bacou SA, concurrent with Dalloz' written proposal on the
            same date


[LOGO] UBS Warburg                   Section 2: Summary of the DB Sale Process 7
<PAGE>

Summary of the DB Sale Process (continued)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                         North America               Europe                    Total
--------------------------------------------------------------------------------------------------------------------------------

Round 1
--------------------------------------------------------------------------------------------------------------------------------
<S>                                                            <C>                     <C>                      <C>
Contacts
      Interested                                               55                      32                        87
      Not Interested                                           25                      18                        43
================================================================================================================================
TOTAL                                                          80                      50                       130
================================================================================================================================
Selling Memorandum
      Selling Memorandum-Interested                            14                      13                        27(1)
      Selling Memorandum-Not Interested                        41                      19                        60
================================================================================================================================
TOTAL                                                          55                      32                        87
================================================================================================================================

Round 2
--------------------------------------------------------------------------------------------------------------------------------
Initial Indications Received                                   14                      13                        27(1)
Management Presentations & Data Room                            5                       4                         9
================================================================================================================================
FINAL BIDS RECEIVED                                             2                       0                         2
================================================================================================================================
</TABLE>

SOURCE: Deutsche Bank

NOTE:

(1)   Excludes four (4) verbal indications of interest received


[LOGO] UBS Warburg                   Section 2: Summary of the DB Sale Process 8
<PAGE>

Company Overview
--------------------------------------------------------------------------------
SECTION 3

[LOGO] UBS Warburg

<PAGE>

Business Segment Overview
--------------------------------------------------------------------------------

o     Bacou USA is a leading manufacturer of personal safety products

      SAFETY SEGMENT:

      o     Consumable and technical products with highly recognized brand names
      o     Sold primarily to industrial and fire safety distributors
      o     Strength in hearing, eye and respiratory protection as well as in
            gas detection products
      o     Market leader in non-prescription eye protection

      GLOVE SEGMENT:

      o     Through acquisitions and internal growth, Bacou USA has achieved a
            leading market position
      o     Whiting+Davis is a premier brand in the niche metal glove market

      SAFETY OPTICAL FRAMES AND INSTRUMENT SEGMENT:

      o     Includes eyeglass frames and components, and vision screening
            equipment (for prescription)
      o     Sold primarily to optical laboratory customers

      Manufactured Products Operating Structure

      [Chart regarding Manufactured Products Operating Structure of Bacou USA.]

      SOURCE: Company Reports

      2000 Sales by Product Line--Bacou USA

      [Pie chart regarding Bacou USA 2000 sales by product line showing the
      Glove Segment having 15% of total sales, Optical Frames and Instruments
      Segment having 12% of total sales and the Safety Segment having 73% of
      total sales.]

      SOURCE: Bacou USA 10-K dated December 31, 2000


[LOGO] UBS Warburg                                Section 3: Company Overview 10
<PAGE>

Bacou USA Historical 5-Year Financial Summary (As Reported)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                            For the Fiscal Year Ended December 31,(1)               1996-2000
                             ---------------------------------------------------------------------     CAGR
(US$mm)                         1996             1997           1998            1999         2000      (%)     LTM 4/30/01(1)
-----------------------------------------------------------------------------------------------------------------------------
<S>                            <C>              <C>            <C>             <C>          <C>        <C>           <C>
Operating Data:
Revenue                        109.3            130.9          221.1           274.7        319.7      30.8          321.0
% Growth                          na             19.8           68.9            24.2         16.4
EBITDA                          39.1             33.3           52.9            68.2         77.7      18.7           76.2
% Margin                        35.8             25.4           23.9            24.8         24.3
EBIT                            31.6             24.6           38.7            50.9         58.3      16.5           56.5
% Margin                        28.9             18.8           17.5            18.5         18.2
Net Income                      19.4             14.4           21.0            27.2         30.9      12.4           30.0
% Margin                        17.7             11.0            9.5             9.9          9.7
Diluted EPS                     1.18             0.83           1.19            1.54         1.73      10.0           1.68
%Growth                           na           (29.7)           43.4            29.4         12.3
Diluted Shares Outstanding      16.4             17.4           17.7            17.7         17.8                     17.9

Balance Sheet Data:
Current Assets(2)               29.8             44.5           68.7            89.5        102.8                     92.7
Net PP&E                        27.1             35.9           54.0            74.4         78.4                     75.6
Intangible Assets               47.3             70.7          169.9           194.3        194.5                    191.1
Total Assets                   125.1            152.4          293.8           371.4        379.5                    379.2
Current Liabilities(3)          10.6             11.2           23.0            32.1         24.6                     26.5
Total Debt                       0.0(4)           0.0(4)       107.8           143.9        126.2                    115.3
Shareholders' Equity           112.4            122.9          144.5           181.5        213.1                    221.8

Cash Flow Data:
Depreciation & Amortization      7.5              8.6           14.2            17.3         19.4                     19.7
Capital Expenditures            10.7              6.8           14.4            18.9         13.4                      8.9
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>

SOURCE: Company SEC filings and internal reports

NOTES

(1)   As reported
(2)   Excludes cash
(3)   Excludes debt
(4)   As of December 31, 1996 and December 31, 1997 the Company maintained an
      unused line of credit of $11 million and $31 million, respectively


[LOGO] UBS Warburg                                Section 3: Company Overview 11
<PAGE>

Bacou USA Balance Sheets
--------------------------------------------------------------------------------

                                                    As of              As of
Assets (US$mm)                                    FYE 2000        April 30, 2001
--------------------------------------------------------------------------------
Current Assets:
   Cash and Cash Equivalents                          1.0             16.8
   Accounts Receivable, net                          53.3             46.3
   Inventories, net                                  45.5             41.0
   Other                                              4.0              5.4
--------------------------------------------------------------------------------
        Total Current Assets                        103.7            109.5
--------------------------------------------------------------------------------
   Property, Plant & Equipment, net                  78.4             75.6
   Intangibles                                      194.5            191.1
   Other Assets                                       2.9              2.9
================================================================================
TOTAL ASSETS                                        379.5            379.2
================================================================================

                                                    As of             As of
Liabilities & Shareholders' Equity (US$mm)         FYE 2000      April 30, 2001
--------------------------------------------------------------------------------
Current Liabilities:
   Current Maturities of Long-Term Debt              28.1             23.4
   Accounts Payable                                  11.2             11.3
   Other Accrued Liabilities                         13.3             15.2
--------------------------------------------------------------------------------
        Total Current Liabilities                    52.6             49.9
--------------------------------------------------------------------------------
Non-Current Liabilities:
   Long-Term Debt                                    98.2             92.0
   Other                                             15.6             15.6
--------------------------------------------------------------------------------
        Total Non-Current Liabilities               113.8            107.6
--------------------------------------------------------------------------------
        Total Shareholders' Equity                  213.1            221.8
================================================================================
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY            379.5            379.2
================================================================================

SOURCE: Company SEC filings, press releases and internal reports

[LOGO] UBS Warburg                                Section 3: Company Overview 11
<PAGE>

Bacou USA Pro Forma Earnings Schedule
--------------------------------------------------------------------------------

Analytical Adjustments to Earnings

<TABLE>
<CAPTION>
                                                                                                      LTM
(US$mm, except per share)                                           1999             2000          Apr. 2001
--------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>              <C>             <C>
EBITDA Adjustments:

Reported EBITDA                                                     68.2             77.7            76.2
"Above the line" Non- Recurring Items--Expense (Income)              0.6              1.3             1.7
Pro Forma Adjustments for Acquisitions                               4.9              1.5             0.6
--------------------------------------------------------------------------------------------------------------
Adjusted EBITDA                                                     73.7             80.5            78.5
--------------------------------------------------------------------------------------------------------------
EBITDA--Reported--Margin (%)                                        24.8             24.3            23.7
EBITDA--Adjusted--Margin (%)                                        25.0             24.9            24.3

EBIT Adjustments:

Reported EBIT                                                       50.9             58.3            56.5
"Above the line" Non- Recurring Items--Expense (Income)              0.6              1.3             1.7
Pro Forma Adustments for Acquisitions                                3.9              1.3             0.5
--------------------------------------------------------------------------------------------------------------
Adjusted EBIT                                                       55.5             60.9            58.6
--------------------------------------------------------------------------------------------------------------
EBIT--Reported--Margin (%)                                          18.5             18.2            17.6
EBIT--Adjusted--Margin (%)                                          18.8             18.8            18.2

Net Income Adjustment:

Reported Net Income                                                 27.2             30.9            30.0
After Tax Non- Recurring Items--Expense (Income)                     0.4              1.3             1.6
Pro Forma Adjustments for Acquisitions                               1.8              0.8             0.3
--------------------------------------------------------------------------------------------------------------
Adjusted Net Income                                                 29.4             32.9            32.0
--------------------------------------------------------------------------------------------------------------
Net Income--Reported--Margin(%)                                      9.9              9.7             9.4
Net Income--Adjusted--Margin (%)                                    10.0             10.2             9.9
Weighted Average Diluted Shares                                     17.7             17.8            17.9
EPS--Reported                                                       1.54             1.73            1.68
--------------------------------------------------------------------------------------------------------------
EPS--Adjusted                                                       1.66             1.85            1.79
--------------------------------------------------------------------------------------------------------------
</TABLE>

Detail of Non-Recurring Items

<TABLE>
<CAPTION>
                                                                                                      LTM
(US$mm, except per share)                                           1999             2000          Apr. 2001
--------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>              <C>             <C>
Reported Non-Recurring Expenses (Income)

Inventory Step-up from Acquisitions                                  0.6              0.2             0.2

Evaluation of Strategic Alternatives                                  --              1.1             1.5
--------------------------------------------------------------------------------------------------------------
TOTAL REPORTED NON-RECURRING EXPENSES (INCOME)                       0.6              1.3             1.7
--------------------------------------------------------------------------------------------------------------
Effective Tax Rate (%)                                              35.8             36.7            37.0
--------------------------------------------------------------------------------------------------------------
After Tax Non-Recurring Expenses (Income)                            0.4              1.3             1.6
==============================================================================================================
</TABLE>

Detail of Pro Forma Adjustments

<TABLE>
<CAPTION>
                                             Effective                                                LTM
(US$mm, except per share)                      Date                 1999             2000          Apr. 2001
--------------------------------------------------------------------------------------------------------------
<S>                                                                 <C>              <C>             <C>
EBITDA Adjustments
Whiting+Davis(1)                             6/30/00                 2.7              1.5             0.6

Perfect Fit Glove Co.(2)                     4/1/99                  1.4               --              --

SCHAS Industries Inc.(3)                     4/1/99                  0.8               --              --
--------------------------------------------------------------------------------------------------------------
Total EBITDA Adjustments for Acquisitions                            4.9              1.5             0.6
--------------------------------------------------------------------------------------------------------------
EBIT Adjustments

Whiting+Davis(1)                             6/30/00                 3.3              1.3             0.5

Perfect Fit Glove Co.(2)                     4/1/99                  0.3               --              --

SCHAS Industries Inc.(3)                     4/1/99                  0.3               --              --
--------------------------------------------------------------------------------------------------------------
Total EBIT Adjustments for Acquisitions                              3.9              1.3             0.5
--------------------------------------------------------------------------------------------------------------
Net Income Adjustments

Whiting+Davis(1)                             6/30/00                 1.4              0.8             0.3

Perfect Fit Glove Co.(2)                     4/1/99                  0.2               --              --

SCHAS Industries Inc.(3)                     4/1/99                  0.3               --              --
--------------------------------------------------------------------------------------------------------------
Total Net Income Adjustments for Acquisitions                        1.8              0.8             0.3
--------------------------------------------------------------------------------------------------------------
</TABLE>

SOURCE: Company SEC filings and internal reports

NOTES:

(1)   Includes amortization related to incremental goodwill of $9.5mm
(2)   Includes amortization related to incremental goodwill of $19.4mm and
      interest expense from borrowing related to acquisition financing
(3)   Includes amortization related to incremental goodwill of $14.4mm

[LOGO] UBS Warburg                                Section 3: Company Overview 13
<PAGE>

YTD April 2001 Variance Analysis: Budget & Historical
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                       YTD April 30, 2001                    YTD April 30, 2000
                            ------------------------------------------  ------------------------------
                                                           Variance                       Variance
(US$ mm)                      Actual          Budget          (%)        Pro Forma           (%)
------------------------------------------------------------------------------------------------------
<S>                            <C>            <C>            <C>            <C>             <C>
Revenue                        100.9          113.8          (11.3)         102.3           (1.3)
EBITDA(1)                       23.4           31.8          (26.4)          25.5           (8.1)
  EBITDA Margin (%)             23.2           27.9                          24.9
EBIT(1)                         16.5           24.5          (32.6)          18.8          (12.1)
  EBIT Margin (%)               16.4           21.4                          18.4
Net Income(1)                    9.0           13.9          (35.4)           9.9           (9.6)
  Net Income Margin (%)          8.9           12.2                           9.7
------------------------------------------------------------------------------------------------------
</TABLE>

NOTE:

(1)   Unaudited financial statements adjusted for non-recurring items

SOURCE: Company SEC filings and internal reports

[LOGO] UBS Warburg                                Section 3: Company Overview 14
<PAGE>

Bacou USA Stock Price History--Annotated--Latest 12 Months
--------------------------------------------------------------------------------

[Annotated Line Graph regarding Bacou USA's stock price history from
May 24, 2000 to May 24, 2001.]

SOURCE: FactSet

Annotations
--------------------------------------------------------------------------------
A       7/6/00    Completed acquisition of Whiting+Davis
B       7/10/00   Announced that the Company was seeking strategic alternatives
C       7/14/00   Announced engagement of DB
D       7/18/00   Reported all-time record sales and earnings (2Q 2000)
E       8/9/00    Completed Platinum Protective Products acquisition
F       10/17/00  Announced 6th consecutive quarter of record reporting results
G       12/15/00  Announced that the evaluation of strategic alternatives would
                  continue into 2001
H       12/20/00  Bloomberg reported rumor that Apax Partners would make a bid
                  of approx. $1 bn for Bacou SA
I       2/22/01   Thomas H. Lee & Co ended negotiations with Bacou SA
J       2/26/01   Released positive Q4 and full year 2000 results; reiterated
                  its evaluation of strategic alternatives
K       5/4/01    Reported Q1 2001 results
--------------------------------------------------------------------------------
SOURCE: Company press releases and Bloomberg News

Selected Statistics

Pre-Announcement(1), (2)

                                                                        (US$)
--------------------------------------------------------------------------------
Pre-announcement Price (7/7/00)                                         19.50
30 Day Average                                                          19.96
90 Day Average                                                          19.97
52 Week Average                                                         17.20
52 Week High (5/18/00)                                                  21.88
52 Week Low (2/25/00)                                                   14.56
--------------------------------------------------------------------------------

Latest Twelve Months(2),(3)

                                                                        (US$)
--------------------------------------------------------------------------------
Current Price (5/24/01)                                                 23.80
30 Day Average                                                          25.08
90 Day Average                                                          25.36
52 Week Average                                                         24.53
52 Week High (1/22/01)                                                  28.38
52 Week Low (6/28/00)                                                   18.00
--------------------------------------------------------------------------------
NOTES:
1     Statistics at or prior to July 7, 2000
2     Closing prices
3     Statistics at or prior to May 24, 2001


[LOGO] UBS Warburg                               Section 3: Company Overview  15
<PAGE>

Bacou USA Stock Price History--Since IPO in 1996
--------------------------------------------------------------------------------

[Annotated Line Graph regarding Bacou USA's stock price history from March 28,
1996 to May 24, 2001.]

SOURCE: FactSet

Selected Statistics

Since IPO (1)                                                           (US$)
--------------------------------------------------------------------------------
Latest (5/24/01)                                                        23.80
IPO Price (3/28/96)                                                     15.00
Average                                                                 18.69
Median                                                                  17.50
High (1/22/01)                                                          28.38
Low (3/23/99)                                                           12.38
--------------------------------------------------------------------------------
NOTE:
1   Closing prices except IPO price

Latest Twelve Months (1), (2)                                           (US$)
--------------------------------------------------------------------------------
Latest (5/24/01)                                                        23.80
30 Day Average                                                          25.08
52 Week Average                                                         24.53
52 Week High (1/22/01)                                                  28.38
52 Week Low (6/28/00)                                                   18.00
--------------------------------------------------------------------------------
NOTE:
1     Statistics at or prior to May 24, 2001
2     Closing prices


[LOGO] UBS Warburg                                Section 3 : Overview  16
<PAGE>

Bacou USA Stock Price Performance--Last Three Years
--------------------------------------------------------------------------------

Relative Share Price Performance

[Annotated Line Graph regarding Bacou USA's stock price performance from May 24,
1998 to May 24, 2001.]

SOURCE: FactSet

Pre-Announcement

Selected Statistics (1), (2)                                            (USS)
--------------------------------------------------------------------------------
Pre-announcement Price(7/7/00)                                          19.50
30 Day Average                                                          19.96
90 Day Average                                                          19.97
3 Year Average                                                          17.86
3 Year High (7/20/98)                                                   24.63
3 Year Low (3/23/99)                                                    12.38
--------------------------------------------------------------------------------

Current

Selected Statistics (2), (3)                                            (US$)
--------------------------------------------------------------------------------
Current Price (5/24/01)                                                 23.80
30 Day Average                                                          25.08
90 Day Average                                                          25.36
3 Year Average                                                          20.16
3 Year High (1/22/01)                                                   28.38
3 Year Low (3/23/99)                                                    12.38
--------------------------------------------------------------------------------
NOTES:
1     Statistics at or prior to July 7, 2000
2     Closing prices
3     Statistics at or prior to May 24, 2001


[LOGO] UBS Warburg                               Section 3: Company Overview  17
<PAGE>

Bacou USA--One Year Historical Price Performance
--------------------------------------------------------------------------------

Relative Share Price Performance

[Line Graph of Bacou USA's, Peer Group's, Sola International Inc.'s, Brady
Corp's, Federal Signal Corp.'s, Unifirst Corp.'s, Laundauer Inc.'s and Mine
Safety Appliances Co.'s stock price performance from May 24, 2000 to May 24,
2001.]

Source: FactSet


[LOGO] UBS Warburg                               Section 3: Company Overview  18
<PAGE>

Bacou USA--Three Year Historical Price Performance
--------------------------------------------------------------------------------

Relative Share Price Performance

[Line Graph of Bacou USA's, Peer Group's, Sola International Inc.'s, Federal
Signal Corp.'s, Unifirst Corp.'s, Laundauer Inc.'s and Mine Safety Appliances
Co.'s stock price performance from May 24, 1998 to May 24, 2001.]

Source: FactSet


[LOGO] UBS Warburg                               Section 3: Company Overview  19
<PAGE>

Shares Traded at Specific Prices
--------------------------------------------------------------------------------

[Bar Graph representing Bacou USA's stock trading volume from July 7, 1999 to
July 7, 2000 at specific price ranges: trading volume 90.6% of total trading
volume between $18.00 to $20.00 per share, 9.4% of total trading volume shares
between $20.01 and $22.00 per share and no trading volume $ prices higher than
$22.01 per share or higher.]

SOURCE: FactSet

[Bar Graph representing Bacou USA's stock trading volume from May 24, 2000 to
May 24, 2001 at specific price ranges: trading volume of 3.6% of total trading
volume shares between $18.00 and to $20.00 per share, 3.6% of total trading
volume between $20.01 and $22.00 per share, 17.0% of total trading volume
between $22.01 and $24.00 per share, 65.6% of total trading volume shares
between $24.01 and $26.00 per share, 8.8% of total trading volume between $26.01
and $28.00 per share and 1.4% between $28.01 and $30.00 per share.]

SOURCE    FactSet

o     Bacou USA shares did not close above $22.00 during the LTM period ended
      July 7, 2000

o     Approximately 90% of Bacou USA shares traded at prices less than US$26.00
      per share during the LTM period ended May 24, 2001


[LOGO] UBS Warburg                               Section 3: Company Overview  20
<PAGE>

Research Commentary
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                 12 Month
                                                               Price Target
Firm                             Recommendation       Date          ($)         Comments
------------------------------------------------------------------------------------------------------------------------------------
<S>                              <C>               <C>               <C>        <C>
Deutsche Bank Securities         Strong Buy          3/2/01          29         None

Lehman Brothers                  Strong Buy         2/26/01          26         "Bacou continued to see strength from its safety
                                                                                and hand protection business, which each shared
                                                                                strong internal growth. Bacou's gross margin was
                                                                                strong but higher SG&A spending than our own
                                                                                estimate and slightly higher shares outstanding led
                                                                                to the $0.01 shortfall. Bacou USA continues to
                                                                                consider its strategic alternatives."

UBS Warburg                      Buy               11/14/00          26         None

A.G. Edwards                     Buy                6/16/00          27         "We continue to rate the shares of Bacou USA Buy
                                                                                for aggressive investors. Our $27 price objective
                                                                                represents a P/E multiple of 15X our 2000 EPS
                                                                                estimate of $1.80 and 13.5x our 2001 EPS estimate
                                                                                of $2.00, comfortably within Bacou's historical
                                                                                average trading range of 11x to 16x. Bacou's
                                                                                management team has displayed the ability to
                                                                                deliver upon a well-communicated and clearly
                                                                                focused vision. Specifically, it has been the
                                                                                intention of management from the outset to grow
                                                                                Bacou from basically a one-product enterprise into
                                                                                a full provider of personal protection for all
                                                                                areas of the head and body, as well as other safety
                                                                                equipment not worn on the body-for example, gas
                                                                                monitors."
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

SOURCE: Research reports from Deutsche Bank Securities, Lehman Brothers, UBS
Warburg and A.G. Edwards


[LOGO] UBS Warburg                               Section 3: Company Overview  21
<PAGE>

Ownership Summary
--------------------------------------------------------------------------------

Ownership Summary

                                                    Shares Owned
Owner Name                                             (OOOs)        % Ownership
--------------------------------------------------------------------------------
Bacou SA                                              12,612.6          71.34
--------------------------------------------------------------------------------
Brinson Partners, Inc.(1)                                930.5           5.26
First Pacific Advisors, Inc.                             530.8           3.00
David L. Babson & Company, Inc                           459.4           2.60
Dimensional FD Advisors, Inc.                            211.2           1.19
Paradigm Capital Management                              178.2           1.01
Other Institutions/Funds                               1,042.7           5.90
--------------------------------------------------------------------------------
Total Institutions/Funds                               3,352.8          18.97
--------------------------------------------------------------------------------
Walter Stepan                                            422.9           2.39
Philip B. Barr                                             5.1           0.03
Karl F. Ericson                                            6.0           0.03
Howard S. Leight                                          15.0           0.08
Alfred J. Verrecchia                                       0.5           0.00
Alan H. Bennett                                           10.0           0.06
John F. Burt, Jr.                                        287.2           1.62
--------------------------------------------------------------------------------
Total Insiders                                           746.7           4.22
--------------------------------------------------------------------------------
Other Shareholders                                       966.6           5.47
================================================================================
TOTAL BASIC SHARES OUTSTANDING(2)                     17,678.7         100.00
================================================================================

SOURCE: CDA Spectrum Shareholder Profile dated April 30, 2001 and Company
reports

NOTES:
1     An affiliate of UBS Warburg LLC
2     As of May 24, 2001


Ownership Profile

[Pie Chart representing ownership profile of Bacou USA: Bacou S.A. owns 71.34%,
Total Institutions/Funds own 18.97%, Total Insiders own 4.22% and other
Shareholders own 5.47% of Bacou USA's common stock.]


[LOGO] UBS Warburg                               Section 3: Company Overview  22

<PAGE>

Valuation Analyses
--------------------------------------------------------------------------------
SECTION 4

[LOGO] UBS Warburg

<PAGE>

Valuation Analysis at Proposed Transaction Price
--------------------------------------------------------------------------------

Transaction Value of Bacou USA at Proposed Transaction Price(1)

(US$mm, except per share)
---------------------------------------------------------
Proposed Transaction Price Per Share (US$)    28.50
Total Diluted Shares Outstanding (millions)   18.644
---------------------------------------------------------
                                               531.4
Less Option Proceeds                          (15.8)
=========================================================
TRANSACTION EQUITY MARKET VALUE                515.6
=========================================================
Plus Debt                                      115.3
Less Cash and Equivalents                     (16.8)
=========================================================
TRANSACTION ENTERPRISE VALUE                   614.0
=========================================================

Implied Valuation Multiples at Proposed Transaction Price (2)

                                 Variable
                                  (US$mm)    US$28.50
---------------------------------------------------------
TEV/LTM Pro Forma Revenue          322.5       1.9x
TEV/LTM Pro Forma EBITDA            78.5       7.8
TEV/LTM Pro Forma EBIT              58.6      10.5
EMV/LTM Pro Forma Net Income        32.0      16.1
---------------------------------------------------------

SOURCE: Company reports and SEC filings

NOTES:

1     Based on the Company's balance sheet as of April 30, 2001
2     Implied multiples based on the Company's adiusted pro forma operating
      results for the LTM period ended April 30, 2001
3     Implied multiples based on pro forma adjusted Bacou SA and Bacou USA
      consolidated operating results for fiscal year ended December 31, 2000
4     Based on Bacou SA's and the Company's respective balance sheets as of
      December 31, 2000
5     Represents European operations of Bacou SA

Transaction Values Compared (3), (4)

                                                Bacou     Bacou
                                  Bacou SA    France(5)    USA
------------------------------------------------------------------
Enterprise Value (US$mm)            780.5      139.7      640.8
TEV/ Pro Forma 2000 EBITDA (x)        7.0        4.5        8.0
TEV/ Pro Forma 2000 EBIT (x)          9.2        5.8       10.5
------------------------------------------------------------------

SOURCE: Bacou SA and Company reports; Company SEC filings

[LOGO] UBS Warburg


                                               Section 4: Valuation Analyses  24

<PAGE>
Comparable Public Companies Analysis

<TABLE>
<CAPTION>

($mm, except per share values)                     Total         Equity         LTM          LTM
                                    Stock Price  Enterprise       Market      EBITDA         EBIT
                                      5/24/01      Value          Value        Margin       Margin
Company Name                            ($)        ($mm)          ($mm)         (%)          (%)
-----------------------------------------------------------------------------------------------------
<S>                                    <C>        <C>          <C>            <C>          <C>
Brady Corporation (1)                  33.50        732.7        776.0         15.7         12.3
Federal Signal Corporation (2)         23.85      1,560.3      1,091.6         13.2         10.5
Landauer Inc. (3)                      28.40        247.0        249.5         49.3         41.1
Mine Safety Appliances Company (4)     29.70        471.1        404.3         12.9          8.0
Sola International Inc. (5)            13.25        550.5        317.1         16.2         11.0
UniFirst Corporation                   19.50        487.4        375.5         14.7          8.0
=====================================================================================================
Mean                                                674.8        535.7         20.3         15.2
Median                                              519.0        389.9         15.2         10.8
Harmonic Mean                                          na           na         16.3         11.1
High                                              1,560.3      1,091.6         49.3         41.1
Low                                                 247.0        249.5         12.9          8.0
=====================================================================================================
Bacou USA, Inc. (6) (9)                19.50        446.1        347.7         24.6         18.5
Bacou USA, Inc. (7) (9)                23.80        526.9        428.4         24.6         18.5
-----------------------------------------------------------------------------------------------------
Bacou USA, Inc. (8) (10)               28.50        614.0        515.6         24.3         18.2
-----------------------------------------------------------------------------------------------------
<CAPTION>
                                      Total Enterprise Value Multiples      P/E Multiples(11)
                                    -------------------------------------  -------------------
                                        LTM        LTM          LTM                                5-Year EPS
                                       Revenue    EBITDA        EBIT        LTM         2001E    GrowthRate (11)
Company Name                            (x)        (x)          (x)         (x)          (x)          (%)
----------------------------------------------------------------------------------------------------------------
<S>                                     <C>        <C>          <C>          <C>          <C>          <C>
Brady Corporation (1)                   1.32        8.4         10.7         18.2         16.8         15.0
Federal Signal Corporation (2)          1.41       10.7         13.5         18.8         16.2         11.0
Landauer Inc. (3)                       4.90        9.9         11.9         18.2         16.8          9.0
Mine Safety Appliances Company (4)      0.93        7.2         11.7         16.8           na           na
Sola International Inc. (5)             1.01        6.2          9.1         12.3         11.2         14.0
UniFirst Corporation                    0.90        6.1         11.1         17.2         15.7         10.0
================================================================================================================
Mean                                    1.74        8.1         11.4         16.9         15.4         11.8
Median                                  1.16        7.8         11.4         17.7         16.2         11.0
Harmonic Mean                           1.24        7.7         11.2         16.6         15.0         11.4
High                                    4.90       10.7         13.5         18.8         16.8         15.0
Low                                     0.90        6.1          9.1         12.3         11.2          9.0
================================================================================================================
Bacou USA, Inc. (6) (9)                 1.38        5.6          7.5         10.7          9.6         16.0
Bacou USA, Inc. (7) (9)                 1.63        6.6          8.8         13.2         11.7         16.0
----------------------------------------------------------------------------------------------------------------
Bacou USA, Inc. (8) (10)                1.90        7.8         10.5         16.1         14.0         16.0
----------------------------------------------------------------------------------------------------------------
</TABLE>

NOTES:

1     LTM financial statements adjusted for non-recurring charge of $4.3 million
      related to acquisition of the Critchely Group; not adjusted for the
      recurring expense related to process improvements and e-business
      initiatives of $7 million
2     Excluding restructuring charge of $3.8 million
3     Excluding inventory charge of $0.225 million and cost system replacement
      of $0.17 million
4     Excluding other income of $1.78 million and restructuring charge of $2.43
      million
5     Shares outstanding as of February 2, 2001; option schedule as of March 31,
      2000; excludes transition charges of $17.5 million, special charge of
      $87.8 million and inventory write-down of $32.0 million
6     Closing stock price taken one day before the July 10, 2000 announcement of
      the Company's intent to explore strategic alternatives
7     Based on closing price on May 24, 2001
8     Implied transaction value and multiples based on proposed transaction
      price
9     Bacou USA operating results are pro forma adjusted LTM as of March 31,
      2001 for the trading multiples
10    Bacou USA operating results are proforma adjusted LTM as of April 30, 2001
      for the transaction multiples
11    Median First Call earnings and growth estimates as of April 30, 2001

[LOGO] UBS Warburg


                                               Section 4: Valuation Analyses  25
<PAGE>
Comparable Transactions Analysis
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                             One day      One week    One month     Total       Equity
                                              Prior        Prior        Prior     Enterprise     Market        LTM   LTM EBITDA
                                  Annc.      Premium      Premium      Premium      Value        Value       Revenue   Margin
Acquirer/Target                   Date         (%)          (%)          (%)        ($mm)        ($mm)        ($mm)     (%)
-------------------------------------------------------------------------------------------------------------------------------
<S>                               <C>          <C>           <C>          <C>        <C>          <C>          <C>       <C>
Tyco International Ltd.
  Scott Technologies Inc.(1)       2/5/01      (1.6)         3.2          2.5        418.5        401.7        267.5     20.1
Bacou USA, Inc.
  Howard S. Leight Associates (2) 2/27/98        na           na           na        122.2        120.0         46.5     24.1
Bacou USA, Inc.
  Comasec Holdings, Inc. (3)       5/3/97        na           na           na         27.0         27.4         30 3     12.5
Aearo Corporation
  Peltor AB                       5/30/96        na           na           na         81.2         86.0         40.5     31.7
Vestar Capital Partners
  Cabot Safety Corp (Aearo) (4)   6/14/95        na           na           na        203.5        200.2        194.3     16.1
Federal Signal Corp.
  Justrite Manufacturing Company   5/9/94        na           na           na         43.7         45.0         33.0     22.0
===============================================================================================================================
Mean                                           (1.6)         3.2          2.5        149.4        146.7        102.0     21.1
Median                                         (1.6)         3.2          2.5        101.7        103.0         43.5     21.0
Harmonic Mean                                    na           na           na           na           na           na     19.3
High                                           (1.6)         3.2          2.5        418.5        401.7        267.5     31.7
Low                                            (1.6)         3.2          2.5         27.0         27.4         30.3     12.5
===============================================================================================================================
Bacou USA (5) @ $28.50                                                               614.0        515.6        322.5     24.3
-------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
                                                                 Total Enterprise Value               Equity Market
                                                                         Multiples                  Value Multiples
                                                LTM Net   ------------------------------------   -----------------------
                                 LTM EBIT       Income        LTM          LTM          LTM          Net          Book
                                  Margin        Margin      Revenue       EBITD        EBIT         Income       Value
Acquirer/Target                     (%)           (%)         (x)          (x)          (x)          (x)          (x)
------------------------------------------------------------------------------------------------------------------------
<S>                                 <C>          <C>          <C>          <C>         <C>           <C>          <C>
Tyco International Ltd.
  Scott Technologies Inc. (1)       17.3          9.7         1.56          7.8         9.1          15.6         3.75
Bacou USA, Inc.
  Howard S. Leight Associates (2)   22.4         21.5         2.63         10.9        11.7          12.0         9.21
Bacou USA, Inc.
  Comasec Holdings, Inc. (3)         9.7          4.9         0.89          7.1         9.2          18.6         2.52
Aearo Corporation
  Peltor AB                         23.8         17.4         2.00          6.4         8.4          12.2         5.31
Vestar Capital Partners
  Cabot Safety Corp (Aearo) (4)     10.1          4.0         1.05          6.5        10.4          25.9         4.99
Federal Signal Corp.
  Justrite Manufacturing Company    20.1         20.9         1.32          6.0         6.6           6.5         5.70
========================================================================================================================
Mean                                17.2         13.1         1.58          7.4         9.2          15.1         5.25
Median                              18.7         13.5         1.44          6.8         9.1          13.9         5.15
Harmonic Mean                       15.1          8.4         1.38          7.2         8.9          12.6         4.49
High                                23.8         21.5         2.63         10.9        11.7          25.9         9.21
Low                                  9.7          4.0         0.89          6.0         6.6           6.5         2.52
========================================================================================================================
Bacou USA (5) @ $28.50              18.2          9.9         1.90          7.8        10.5          16.1         2.32
------------------------------------------------------------------------------------------------------------------------
</TABLE>

NOTES:

1     Excludes a charge of $0.6 million, after tax, relating to the separation
      arrangements with former CEO and a charge of $0.6 million, after tax,
      relating to the review of strategic alternatives
2     Excludes an earnout provision which was not publicly disclosed
3     Income statement data as of December 31, 1996, balance sheet data as of
      March 31, 1997
4     LTM information based on 284 days of disclosed information and 81 days of
      pro-rata annual 1994 information due to limited disclosure
5     Based on LTM ended April 30, 2001 pro forma adjusted operating results

[LOGO] UBS Warburg


                                                Section 4: Valuaton Analyses  26

<PAGE>

Premiums Paid Analyses--Two Year Historical
--------------------------------------------------------------------------------

* The following analysis shows the premiums paid in selected precedent
  transactions(1)

<TABLE>
<CAPTION>

                                                                       Premium to Stock Price
                                                                                 (%)
                                                        --------------------------------------------------------
                                                           One Day             One Week            One Month
Summary of Premiums Paid          Number of Deals        Prior to Annc.      Prior to Annc.      Prior to Annc.
----------------------------------------------------------------------------------------------------------------
<S>                               <C>                   <C>                  <C>                 <C>
Deals Announced in LTM 2001
Control                                  24
   Mean/Median                                            38.8/42.3             50.2/56.6             49.9/53.8
   High/Low                                                74.7/2.1             97.2/11.8            111.1/(0.3)

 Minority Close-out                      13
   Mean/Median                                            41.9/46.3             48.4/42.7             49.1/43.1
   High/Low                                               85.5/(2.2)            108.2/2.3            134.4/10.0
Deals Announced in 2000
Control                                  31
   Mean/Median                                            36.3/34.5             48.1/55.3             52.7/55.3
   High/Low                                                81.7/0.9             104.0/9.6            130.3/(0.3)

Minority Close-out                       25
   Mean/Median                                            27.3/20.9             36.0/35.0             40.1/41.1
   High/Low                                               85.5/(6.5)           108.2/(5.1)             98.8/1.2

Deals Announced in 1999
Control                                  40
   Mean/Median                                            27.1/22.3             33.5/31.3             40.9/36.4
   High/Low                                               95.9/(3.6)           101.0/(6.3)            108.7/4.2

 Minority Close-out                      17
   Mean/Median                                            34.8/38.5             38.9/43.8             51.5/50.8
   High/Low                                                75.0/5.5             63.3/(1.5)           107.4/19.2
----------------------------------------------------------------------------------------------------------------
Implied Premium of Offer @ US$28.50 2                          46.2                  41.6                  34.9
----------------------------------------------------------------------------------------------------------------

</TABLE>

SOURCE: SDC

NOTES:
1     Premiums based on selected US public market acquisitions from 1/1/99 to
      5/24/01 for which premium information is available; US$25Omm--US$1,OOOmm
      deal size range (no range limitations for minority close-out
      transactions); 100% cash consideration; excludes transactions involving
      financial institutions and certain outlier transactions
2     Premiums calculated based on Bacou USA's closing stock prices one day, one
      week and one month (US$19.50, 20.13 and 21.13, respectively) prior to the
      Company's announcement on July 10, 2000 regarding the exploration of
      strategic alternatives

[LOGO] UBS Warburg


                                               Section 4: Valuation Analyses  27

<PAGE>

Comparable Public Companies Analysis --
Company Descriptions
--------------------------------------------------------------------------------
APPENDIX A

<PAGE>

Company Descriptions
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

Brady Corporation       Brady Corporation develops, makes and sells stock and
                        customized products, including identification, labeling
                        and marking systems for electrical wires, pipes and
                        other objects; safety and instructional signs; and
                        specialized tapes used in audio, video and computer
                        applications. The company produces identification,
                        safety and graphics products that help customers create
                        safer work environments for their employees.

--------------------------------------------------------------------------------

Federal Signal
Corporation             Federal Signal Corporation is a manufacturer and
                        worldwide supplier of safety, signaling and
                        communications equipment, fire rescue products, street
                        sweeping and vacuum loader vehicles, parking control
                        equipment, custom on-premise signage, carbide cutting
                        tools, precision punches and related die components. The
                        company is comprised of four major operating groups:
                        Safety Products, Tool, Sign and Vehicle.

--------------------------------------------------------------------------------

Landauer Inc.           Landauer Inc. offers a service for measuring, primarily
                        through optically stimulated luminescent badges worn by
                        client personnel, the dosages of x-ray, gamma radiation
                        and other penetrating ionizing radiations to which the
                        wearer has been exposed. This technology is marketed
                        under the tradename, Luxel(R). While most of the
                        company's revenues are domestic, these services are also
                        marketed in the United Kingdom and Canada.

--------------------------------------------------------------------------------

Mine Safety Appliances
Company                 Mine Safety Appliances Company makes and sells safety
                        and health equipment, including respiratory protective
                        equipment, head, eye and face protection equipment,
                        hearing protectors, safety clothing, industrial
                        emergency care products, mining safety equipment, and
                        monitoring instruments. Principal products include
                        respiratory protective equipment that is air-purifying,
                        air-supplied and self-contained in design. The company
                        also produces instruments that monitor and analyze
                        workplace environments and control industrial processes.
                        Personal protective products include head, eye and face,
                        body and hearing protectors.

--------------------------------------------------------------------------------

      Appendix A: Comparable Public Companies Analysis--Company Descriptions  29

[LOGO] UBS Warburg

<PAGE>

Company Descriptions (continued)
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Sola International Inc.         Sola International Inc. designs, makes and
                                distributes a broad range of eyeglass lenses,
                                including single vision lenses, multifocal
                                lenses and plano lenses. It also produces a
                                variety of lens coatings, which mainly provide
                                scratch resistance and anti-reflection
                                properties. The company produces a variety of
                                lenses which address specific vision problems.

--------------------------------------------------------------------------------

UniFirst Corporation            In operation for almost 70 years, UniFirst
                                Corporation is one of the largest providers of
                                workplace uniforms and protective clothing in
                                the United States. The company rents, makes and
                                sells uniforms and protective clothing,
                                including shirts, pants, jackets, coveralls,
                                jumpsuits, lab coats, smocks and aprons, and
                                also rents industrial wiping products, floormats
                                and other non-garment items, to a variety of
                                manufacturers, retailers and service companies.
                                The company services well over 100,000 customer
                                locations in 45 states, Canada and Europe from
                                136 manufacturing, distribution and customer
                                service facilities.

--------------------------------------------------------------------------------

[LOGO] UBS Warburg


      Appendix A: Comparable Pubic Companies Analysis--Company Descriptions   30

<PAGE>

Comparable Transactions Analysis--
Target Descriptions
--------------------------------------------------------------------------------
APPENDIX B

[LOGO] UBS Warburg

<PAGE>

Target Company Descriptions
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

Scott Technologies Inc.         Scott Technologies Inc. makes and sells
                                protective breathing and oxygen equipment and
                                instruments and sophisticated electronic
                                systems. The company is comprised of two
                                reporting segments: Scott Aviation and
                                Interstate Electronics Corp. (IEC). Scott
                                Aviation is a leading manufacturer of life
                                support respiratory products in two business
                                units: health and safety; and aviation and
                                government. IEC provides a variety of
                                high-technology equipment.

                                Through its Scott Aviation division, the company
                                makes the Scott Air Pak and other life support
                                products for fire fighting and personal
                                protection against industrial contaminants. The
                                air-purifying products provide protection
                                against environmental and safety hazards.
                                Products include protective breathing equipment,
                                pilot and crew oxygen masks plus emergency
                                oxygen for passengers on commercial, government
                                and private aircraft. Scott Aviation also makes
                                instruments to detect the presence of
                                combustible or toxic gases and the low oxygen
                                levels.

--------------------------------------------------------------------------------

Howard S. Leight Associates     Howard S. Leight Associates sells a full range
                                of hearing protection products including
                                disposable and reusable ear plugs banded hearing
                                protectors and ear muffs, which reduce the risk
                                of long-term hearing loss from exposure to
                                excessive noise levels. As a complement to the
                                hearing protection devices, the company has
                                expanded the product line to include radio/cell
                                phone compatible devices.

                                The company's Max(R), Max-Lite(R) and
                                Multi-Max(TM) foam ear plugs combine high noise
                                reduction ratings along with hygiene and
                                comfort. Airsoft(TM) and Quiet(TM) reusable ear
                                plugs insure hygiene and comfort while providing
                                cost-savings for employers. Howard S. Leight
                                Associates pioneered banded hearing protectors,
                                and its Opti-Muff(TM) products combine safety
                                eyewear and hearing protection in a single
                                product.

--------------------------------------------------------------------------------

Comasec Holdings, Inc
(Survivair, Inc.)               Survivair, Inc. manufactures and sells (i)
                                self-contained breathing apparatus for
                                industrial and fire protection applications, as
                                well as air line respirators that provide an
                                independent source of breathable air for workers
                                in atmospheres immediately dangerous to their
                                lives or health; (ii) other supplied air
                                respirators, including air line work units to
                                connect workers to a remote air supply and
                                escape units for emergency deployment in
                                confined spaces, and (iii) full face and half
                                mask air purifying respirators as well as hazard
                                specific cartridges and filters. Survivair
                                markets its products under the Survivair(R) and
                                Pro-Tech(R) brand names.

--------------------------------------------------------------------------------

[LOGO] UBS Warburg


           Appendix B: Comparable Transactions Analysis--Target Descriptions  32


<PAGE>

Target Company Descriptions (continued)
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

Peltor AB                       Peltor AB manufactures, assembles and sells a
                                broad line of ear muffs, hard caps/visors, noise
                                attenuation headsets and wireless and hardware
                                communication headsets. Peltor's products serve
                                a variety of end user markets: construction,
                                heavy machinery, airport, forestry, textile and
                                mining. Peltor is based in Varnamo, Sweden and
                                has manufacturing facilities in Sweden, Rhode
                                Island and Germany.

--------------------------------------------------------------------------------


Cabot Safety Corporation
(Aearo)                         Cabot Safety Corporation manufactures and sells
                                personal safety equipment, as well as energy
                                absorbing, vibration damping, and impact
                                absorbing products for industrial noise control
                                and environmental enhancement. Included in
                                personal safety equipment are hearing
                                protection, safety eyewear, and respiratory
                                equipment sold to industrial, consumer and
                                healthcare markets. The company is headquartered
                                in Southbridge, Massachusetts. Sales are made
                                worldwide through sales representatives and
                                distributors and directly by company employees.

--------------------------------------------------------------------------------

Justrite Manufacturing Company  Justrite Manufacturing Company's products are
                                specifically designed to help workers store,
                                transfer, use, and dispose of hazardous
                                materials. The company's corporate office
                                operates out of Des Plaines, IL with its
                                manufacturing location in Mattoon, IL. The
                                company offers a full range of safety devices
                                which can be categorized into two major areas:
                                fire prevention safety products and
                                environmental protection hazmat products.
                                Products meet applicable OSHA regulations and/or
                                EPA regulations.

[LOGO] UBS Warburg


            Appendix B: Comparable Transactons Analysis--Target Descriptions  33

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(C)(3)
<SEQUENCE>3
<FILENAME>a2054873zex-99_c3.txt
<DESCRIPTION>EXHIBIT 99(C)(3)
<TEXT>

<PAGE>

                                                                EXHIBIT 99(c)(3)

               COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

<TABLE>
<CAPTION>

                                                     1999         2000        03/31/01
                                                   --------     --------      --------
<S>                                                <C>          <C>           <C>
Earnings
      Pre-tax income                               $ 42,355     $ 48,813      $ 10,636
      Fixed charges                                $  8,880     $ 10,118      $  2,164
      Amortization of capitalized interest         $     --     $      1      $      1
      Interest capitalized                         $     --     $   (102)     $     --

      Total Earnings                               $ 51,235     $ 58,830      $ 12,801
                                                   ========     ========      ========

Fixed Charges
      Interest expense                             $  8,496     $  9,632      $  2,068
      Interest capitalized                         $     --     $    102      $     --
      Estimated interest within rental expense     $    384     $    384      $     96

      Total Fixed Charges                          $  8,880     $ 10,118      $  2,164
                                                   ========     ========      ========

 Ratio of Earnings to Fixed Charges                    5.77         5.81          5.92
                                                   ========     ========      ========
</TABLE>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(C)(4)
<SEQUENCE>4
<FILENAME>a2054873zex-99_c4.txt
<DESCRIPTION>EXHIBIT 99(C)(4)
<TEXT>

<PAGE>

                                                                EXHIBIT 99(c)(4)

                       Preliminary Outline of Dalloz Deal


                                 March 27, 2001

1.   Price

      o     Equity value of Bacou USA and Bacou SA totals approximately $602
            million at current exchange rates (7.3516 FRF per US$1.0), broken
            down as follows assuming $27 per share for Bacou USA:

            o     $150.2 million to US minority and optionholders

            o     $340.5 million to Bacou SA shareholders in respect of Bacou
                  USA shares held by Bacou SA

            o     $111.1 million to Bacou SA shareholders in respect of Bacou SA
                  shares excluding value of Bacou USA

      o     Bacou USA minority shareholders to receive "price determined in good
            faith between the parties and with a view to obtaining Bacou USA
            special committee recommendation of such price."

      o     Any amount in excess of $25 per share will reduce the amount payable
            to the shareholders of Bacou SA.

      o     Price payable to minority shareholders expected to be more than $25,
            not more than $28. At $27, total cash payable to minority
            shareholders would be approximately $150.2 million.

<PAGE>

Preliminary Outline of Dalloz Deal
March 27, 2001


      o     Total enterprise value of Bacou SA and Bacou USA at today's FRF/US$
            exchange rate is approximately US$806 million, versus US$788 million
            in Norcross deal and US$774 million in KKR deal.

2.    Form of Consideration

      o     Total cash in deal (all debt) for purchase of Bacou USA minority
            ownership interests is $150.2 million assuming a purchase price of
            $27 per share.

      o     Total cash in deal (debt and equity) for purchase of Bacou SA
            ownership interests is FRF 2070 million, or approximately $281.6
            million at today's exchange rate.

            o     Vandeputtes to receive cash (approximately $115.6 million)

            o     Bacou family and other Bacou SA shareholders to receive
                  remaining cash (approximately $166.0 million)

      o     The balance of the purchase price is to be paid to Bacou SA
            shareholders in Dalloz shares valued at E78.6 (current market price
            approximately E84), subject to a proposed three year lockup except
            possible secondary offering of up to FRF 500 million (approximately
            $68.0 million) in September '01, subject to pro rata cutback with
            simultaneous FRF 1.0 billion primary offering.

            o     Before any secondary or primary offerings by Dalloz, the
                  payment in Dalloz shares would result in ownership by the
                  current Bacou SA shareholders of approximately 38% of the
                  value of the outstanding Dalloz shares with a voting influence
                  of 30%, making them the largest shareholding group in
                  Christian Dalloz SA. If the primary and secondary offerings
                  were successfully consummated, the percentages would reduce to
                  18% and 15%, respectively.


                                      -2-
<PAGE>

Preliminary Outline of Dalloz Deal
March 27, 2001


            o     Before the primary and secondary offerings, the holdings of
                  Essilor and Mrs. Dalloz constitute economic value of 14% and
                  15%, respectively, and hold voting interests of 21% and 23%,
                  respectively.

      o     Philippe Bacou and Mrs. Dalloz would Co-Chair the Board of Directors
            of the new entity, to be named Bacou Dalloz SA. Philippe also would
            be the Chairman of the Strategic Committee of the Board, its most
            powerful committee.

3.    Deal Structure and Timing

      o     US minority to be taken out with self-tender or merger, financed by
            bank debt, with timing of this part of the transaction depending on
            bank financing conditions.

            o     If financing can be arranged, self-tender will not be
                  contingent on closing of overall deal. Self-tender would be
                  launched at announcement of deal, likely to be mid-May, with
                  closing of self-tender mid-June.

            o     If financing requires both deals to close simultaneously, then
                  self-tender or merger would be dependent on closing of overall
                  deal. Again, announcement at time of deal announcement but
                  closing probably would not occur until mid-June at the
                  earliest, more likely end of June or even mid-July.

      o     Cash for Vandeputtes and Bacou SA shareholders at closing to be
            provided by bank debt and equity from private placement, Dalloz
            shareholders and Christian Dalloz SA.

4.    Additional Considerations

      o     Due to the fact that this is a merger rather than a sale, it is
            likely that the letter agreement between the Bacou family and Bacou
            USA will need to be amended. Dalloz has indicated that it is not
            willing to register its shares (or ADRs) in the US,


                                      -3-
<PAGE>

Preliminary Outline of Dalloz Deal
March 27, 2001


            and therefore the form of consideration payable to the US minority
            shareholders must be cash only, rather than stock and cash.




                                      -4-
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(C)(5)
<SEQUENCE>5
<FILENAME>a2054873zex-99_c5.txt
<DESCRIPTION>EXHIBIT 99(C)(5)
<TEXT>

<PAGE>

                                                                Exhibit 99(c)(5)

Strictly private & confidential
--------------------------------------------------------------------------------

Project Sauvegarde

Discussion materials

May 29, 2001

Deutsche Banc Alex. Brown represents the Investment Banking activities of
Deutsche Banc Alex. Brown Inc. (US) and Deutsche Bank Securities Ltd. (Canada).
Deutsche Banc Alex. Brown Inc. and Deutsche Bank Securities Ltd. are
subsidiaries of Deutsche Bank AG.


Deutsche Banc Alex. Brown
                          Deutsche Bank [LOGO]
<PAGE>

Strictly private & confidential
--------------------------------------------------------------------------------

The accompanying material was compiled on a confidential basis for use solely by
the Board of Directors of Bacou USA, Inc. (or the "Company") in evaluating the
transaction referred to herein and not with a view to public disclosure or
filing thereof under the Securities Act of 1933 or the Securities Exchange Act
of 1934 (together the "Federal Securities Laws"). This material was prepared
specifically for use by the Board of Directors of the Company and was not
prepared to conform with the disclosure standards under the Federal Securities
Laws. Neither the Company nor Deutsche Banc Alex. Brown Inc. ("Deutsche Bank")
nor any of its respective officers, directors, employees, affiliates, advisors,
agents or representatives warrants the accuracy or completeness of any of the
materials set forth herein. Nothing contained in the accompanying materials is,
or shall be relied upon as, a promise or representation as to the past or the
future.

It should be understood that any valuations and/or estimates or projections
contained in the accompanying materials were prepared or derived from
information supplied by the Company or derived from other public sources,
without any independent verification by Deutsche Bank, and involve numerous and
significant subjective determinations by the Company, which may or may not be
correct. Accordingly, no representation or warranty can be made or is made by
Deutsche Bank as to the accuracy or achievability of any such valuations and/or
estimates or projections.


Deutsche Banc Alex. Brown
                          Deutsche Bank [LOGO]
<PAGE>

--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
Contents

Section
<S>                                                                           <C>
    1 Transaction summary                                                      1

    2 Overview of the offer for Groupe Bacou                                   6

    3 Process overview                                                        10

    4 Overview of Christian Dalloz SA                                         14
</TABLE>


Deutsche Banc Alex. Brown
                          Deutsche Bank [LOGO]
<PAGE>

Transaction summary                                                    Section 1
--------------------------------------------------------------------------------

Section 1

Transaction summary


Deutsche Banc Alex. Brown                                                      1
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<PAGE>

Transaction summary                                                    Section 1
--------------------------------------------------------------------------------

Transaction summary

Transaction:      o     Pursuant to various Share Purchase Agreements, all of
                        the shares of Bacou S.A. and Engineering Henry Bacou
                        ("EHB") shall be purchased, resulting in the ownership
                        of the entire equity interest of both companies by
                        Christian Dalloz ("Dalloz") ("the Transaction")

                  o     Upon consummation of such share purchases by Dalloz, the
                        company shall be renamed Bacou-Dalloz

                  o     In connection with the Transaction, the common shares
                        and options of Bacou USA, Inc. not held by Bacou S.A.
                        will receive cash consideration on the basis of $28.50
                        per share

Consideration:    o     The Bacou S.A. and EHB share interests will be sold for
                        cash, stock, or a combination thereof, depending on the
                        seller of such share interest, such that in the
                        aggregate, the consideration received on sale will be
                        approximately $441 million, consisting of $270 million
                        cash, and $171 million Dalloz shares, representing
                        approximately 38% of the share interest in Dalloz on a
                        pro-forma basis


Deutsche Banc Alex. Brown                                                      2
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<PAGE>

Transaction summary                                                    Section 1
--------------------------------------------------------------------------------

Transaction summary (continued)

Key Conditions:          o    Regulatory approval including U.S. and European
                              anti-trust authorities

                         o    Actions with respect to the merger between Bacou
                              U.S.A., Inc. and a wholly-owned subsidiary of
                              Dalloz, Inc. to be taken

                         o    Covenants to conduct business in the ordinary
                              course

                         o    Receipt of waiver from Conseil des Marches
                              Financiers

                         o    Funding pursuant to financing commitments

Shareholder Agreements:  o    Agreements by and among members of the Bacou
                              family, Ms. Dalloz, Essilor, and Sauvegarde LLC,
                              including agreements on the restriction on sale of
                              Dalloz shares


Deutsche Banc Alex. Brown                                                      3
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<PAGE>

Transaction summary                                                    Section 1
--------------------------------------------------------------------------------

Transaction summary (continued)

Other Agreements:       o     Shareholder support agreements to vote in favor of
                              Transaction

                        o     Support agreement causing Financiere Christian
                              Dalloz to vote in favor of Transaction in
                              shareholder meeting at Dalloz, subject to receipt
                              of favorable report of auditors with regard to
                              exchange ratio and valuations

Timing:                 o     Announcement scheduled for May 30, 2001; targeted
                              closing, late July

Termination Date:       o     December 31, 2001, unless extended


Deutsche Banc Alex. Brown                                                      4
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<PAGE>

Transaction summary                                                    Section 1
--------------------------------------------------------------------------------

Transaction consideration

o     The negotiated value of the Groupe Bacou total equity was agreed at a
      three to one parity with Dalloz equity market capitalization based on a
      Dalloz nominal share price of Euro 77, resulting in an equity value for
      the Groupe Bacou of $596.9 million

o     The enterprise value of each of Bacou USA and the other Bacou businesses
      can be split as follows, based on negotiated price of $28.50 per share for
      the public minority shares of Bacou USA

                        Enterprise value of Bacou USA(1)
--------------------------------------------------------------------------------
(US $ in millions, except per share data)
Outstanding shares                                                        18.6m
Share price (in $)                                                      $ 28.50
Bacou USA equity value(2)                                               $515.6

Bacou USA net debt (as of March 31, 2001)                               $106.3

Bacou USA enterprise value                                              $621.9

                     Enterprise value of Bacou Europe(1)(3)
--------------------------------------------------------------------------------

Total equity value                                                      $ 596.9
Bacou USA equity value                                                   (515.6)
Bacou Europe equity value                                               $  81.3

Bacou Europe net debt (as of Dec. 31, 2000)                             $  65.4

Bacou Europe enterprise value                                           $ 146.8

<TABLE>
<CAPTION>
                                          Total enterprise value of Bacou
------------------------------------------------------------------------------------------------------
Bacou USA enterprise value     Bacou Europe enterprise value     Assumed expenses    Transaction value
--------------------------     -----------------------------     ----------------    -----------------
<S>                     <C>     <C>                       <C>        <C>                   <C>
 $621.9                 +       $146.8                    +          $ 25.7                $794.4
</TABLE>

(1)   Excludes any assumed expenses.
(2)   Including $15.8m proceeds of stock options exercise.
(3)   Using currency conversion rates of 7.3 FRF / USD (1.113 EUR/USD) to
      convert Bacou USA values where applicable


Deutsche Banc Alex. Brown                                                      5
                          Deutsche Bank [LOGO]
<PAGE>

Overview of the offer for Groupe Bacou                                 Section 2
--------------------------------------------------------------------------------

Section 2

Overview of the offer for Groupe Bacou


Deutsche Banc Alex. Brown                                                      6
                          Deutsche Bank [LOGO]
<PAGE>

Overview of the offer for Groupe Bacou                                 Section 2
--------------------------------------------------------------------------------

Overview of ownership structure - Groupe Bacou and Christian Dalloz

                          Bacou group current structure
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
<S>                         <C>         <C>             <C>                 <C>
------------------------    40%
     Sauvegarde LLC      ---------|
------------------------          |
                                  |
------------------------    40%   |    ----------       --------------      -------------
          HOBAR          ---------|---- Holdings         Bacou Family ----->     EHB
------------------------          |    ----------       -------------- 100% -------------
                                  |         | 41%            3%               56% |
------------------------    20%   |         |                 |                   |
Protection Participation ---------|         --------------------------------------
------------------------                                      |
                                                              v
                                                        --------------      -------------
                                                           Bacou SA          Public (US)
                                                        --------------      -------------
                                                              | 71%               | 29%
                                                              |                   |
                                                              --------------------|
                                                                                  v
                                                                            -------------
                                                                              Bacou USA
                                                                            -------------
</TABLE>

                    Christian Dalloz group current structure
--------------------------------------------------------------------------------

     ----------------                   ---------
      Ginette Dalloz                     Essilor
     ----------------                   ---------
            |                               |
            | 61%                 39%       |
            --------------------------------|
                           |                |
                           |                |
                           v                |
                   -------------------      |            --------
                    Financiere Dalloz       |             Public
                   -------------------      |            --------
                           |                |                |
                           | 50%            | 11%        39% |
                           -----------------|----------------
                                            |
                                            v
                                  ---------------------
                                   Christian Dalloz SA
                                  ---------------------


Deutsche Banc Alex. Brown                                                      7
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<PAGE>

Overview of the offer for Groupe Bacou                                 Section 2
--------------------------------------------------------------------------------

Bacou-Dalloz' shareholders post-transaction

                     Shares    Economic interest      Votes      Voting interest
                   ---------   -----------------    ---------    ---------------
Bacou family       2,329,224         37.6%          2,329,224         29.1%
Essilor            1,152,664         18.6%          2,046,342         25.6%
Public             1,130,548         18.3%          1,144,445         14.3%
Ginette Dalloz       998,555         16.1%          1,910,456         23.9%
Private investors    435,569          7.0%            435,569          5.4%
Sauvegarde LLC       141,600          2.3%            141,600          1.8%
Total              6,188,160        100.0%          8,007,636        100.0%


Deutsche Banc Alex. Brown                                                      8
                          Deutsche Bank [LOGO]
<PAGE>

Overview of the offer for Groupe Bacou                                 Section 2
--------------------------------------------------------------------------------

Sources and uses of funds

                                Sources of funds
--------------------------------------------------------------------------------

  ($ in millions)
  Cash:
    Revolving credit facility                                             $ 33.4
    Term loan 1 - A                                                        212.3
    Term loan 1 - B                                                         32.1
    Term loan 2                                                            160.5
    Term loan 3                                                            109.6
      Total debt                                                          $547.9

    Cash on hand                                                          $ 21.3

  Equity financing
    Share purchase by Mrs. Dalloz/Financiere Dalloz                       $  9.6
    Share purchase by Essilor                                               17.8
    Share purchase by 3rd party investors - private placement               30.1
      Sub-total                                                           $ 57.5
                                                                          ------
    Total cash sources                                                    $626.7

Equity issuance:
  Shares of Dalloz issued to sellers in exchange                          $171.0
    for SA and EHB shares

                                                                          ------
Total sources                                                             $797.7
                                                                          ------

                                  Uses of funds
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
($ in millions)
Cash:                                                  Debt     Equity     Other     Total
                                                      ------    ------    ------    ------
<S>                                                   <C>       <C>       <C>       <C>
  Bacou USA
    Purchase of minority interest                               $144.4              $144.4
    Purchase of options, net of exercise price                    11.7                11.7
    Signing bonus obligation                                                 4.4       4.4
    Refinance existing indebtedness                    109.6                         109.6

  Bacou SA, EHB
    Purchase of SA shares                                        182.4               182.4
    Purchase of EHB shares                                        33.7                33.7
    Purchase of Dalloz shares received in exchange                53.8                53.8
      for SA, EHB interests
    Refinance Bacou SA, EHB indebtedness                65.4                          65.4

Other transaction expenses                                                  21.3      21.3

                                                      ------    ------    ------    ------
     Total cash applications                          $175.0    $426.0    $ 25.7    $626.7

Equity issuance:
  Shares of Dalloz issued in exchange                           $171.0              $171.0
    for SA and EHB shares

                                                      ------    ------    ------    ------
Total uses                                            $175.0    $596.9    $ 25.7    $797.7
                                                      ------    ------    ------    ------
</TABLE>


Deutsche Banc Alex. Brown                                                      9
                          Deutsche Bank [LOGO]
<PAGE>

Process overview                                                       Section 3
--------------------------------------------------------------------------------

Section 3

Process overview


Deutsche Banc Alex. Brown                                                     10
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<PAGE>

Process overview                                                       Section 3
--------------------------------------------------------------------------------

Process summary

Parties contacted                                                            130
Information memoranda sent                                                    87
Indications of interest received                                              28
Management presentations / detailed diligence reviews                         10


Deutsche Banc Alex. Brown                                                     11
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<PAGE>

Process overview                                                       Section 3
--------------------------------------------------------------------------------

Key events to date

<TABLE>
<CAPTION>
                                           Date                               Key events
                                     ------------------      -------------------------------------------
<S>                                  <C>                     <C>
                                     July 14, 2000           Announcement of engagement of Deutsche Bank
                                                             to evaluate strategic alternatives

                                     August 5, 2000          Information memoranda sent

                                     September 11, 2000      First round bids received

                                     September 25, 2000      Begin US management presentations

                                     September 27, 2000      Begin data room and site visits

                                     October 9, 2000         Begin France management presentations

                              ^      November 21, 2000       Second round offer from Finalist 1
                              |                              Second round offer from Finalist 2
                              |
                              |      December 15, 2000       Finalist 1 revised offer
                              |
                              |      December 21, 2000       Finalist 1 revised offer
Discussions with              |
Finalist 1 & Finalist 2       |      January 7, 2001         Finalist 2 revised offer
                              |
                              |      January 12, 2001        Finalist 1 revised offer
                              |
                              |      January 15, 2001        Finalist 2 revised offer
                              |
                              v      January 17, 2001        Finalist 1 exclusivity agreement executed
</TABLE>


Deutsche Banc Alex. Brown                                                     12
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<PAGE>

Process overview                                                       Section 3
--------------------------------------------------------------------------------

Key events to date (continued)

<TABLE>
<CAPTION>
                                           Date                               Key events
                                     -----------------------------------------------------------------------
<S>                                  <C>                     <C>
                                     February 9, 2001        Termination of Finalist 1 exclusivity agreement

                              ^      February 21, 2001       First discussions and offer from Finalist 3
                              |
                              |      March 23, 2001          Revised offer from Finalist 3
Discussions with Finalist 3   |
                              |      March 26, 2001          Exclusivity agreement signed with Finalist 3
                              |
                              v      May 2, 2001             Exclusivity period with Finalist 3 extended
</TABLE>


Deutsche Banc Alex. Brown                                                     13
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<PAGE>

Overview of Christian Dalloz SA                                        Section 4
--------------------------------------------------------------------------------

Section 4

Overview of Christian Dalloz SA


Deutsche Banc Alex. Brown                                                     14
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<PAGE>

Overview of Christian Dalloz SA                                        Section 4
--------------------------------------------------------------------------------

Dalloz overview

                              Business description
--------------------------------------------------------------------------------

o     A specialist in shielding working people from danger on the job, the group
      comprises three strategic lines of business:
      -     protection of the head (respiratory, hearing and eye)
      -     protection against falls
      -     polycarbonate sunlenses
o     The Group is mainly present in the North American and European markets and
      also does business in South America, and the Asia-Pacific region through a
      network of distributors
o     The group's development strategy has three components:
      -     concentrate on technological innovation so that the company's
            product lines are renewed more rapidly
      -     lower its break-even point by adapting their manufacturing
            facilities
      -     making acquisitions to strengthen its presence in world markets

                              Business segmentation
--------------------------------------------------------------------------------

    [The following table was depicted as a pie chart in the original text.]

Sun lenses         4%
Manufacturing     96%

Source: Company's estimates

                         Breakdown of sales by products
--------------------------------------------------------------------------------

    [The following table was depicted as a pie chart in the original text.]

Hearing           13%
Respiratory       17%
Eye / Face        19%
Fall              51%

Source: Company's estimates

                     Breakdown of sales by geographic area
--------------------------------------------------------------------------------

    [The following table was depicted as a pie chart in the original text.]

France             7%
ROW                7%
West Europe       32%
USA / Canada      54%

Source: Company's estimates


Deutsche Banc Alex. Brown                                                     15
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<PAGE>

Overview of Christian Dalloz SA                                        Section 4
--------------------------------------------------------------------------------

Dalloz overview (continued)

                             Main milestones
--------------------------------------------------------------------------------

o     1957: Dalloz is founded by M. Christian Dalloz. The company is initially a
      supplier of injection-molded plastic industrial parts
o     1980s: the Company becomes the leading producer of injection-molded
      eyewear, notably sun-glasses
      1986: - flotation on the Second Marche of the French Stock Exchange
            - introduction of a protective eyewear line
      1989: - protective eyewear line accounts for 60% of consolidated sales
            - acquisition of Wilson Safety Corp, their US distributor
o     May 1991 : accidental death of Christian Dalloz
o     1991-2001: annual sales triple through organic business growth and thanks
      to seven acquisitions including WGM Safety (US), Bilson (Sweden), Pulsafe
      Safety Products (GB eye protection market leader), Komet (France) and Soll
      (Germany)

                              Key financial figures
--------------------------------------------------------------------------------

(Euros in millions)                               1998A       1999A       2000A
                                                 -------------------------------
Sales                                             182.7       182.3       256.5

EBITDA                                             34.9        30.0        47.8
EBIT                                               29.3        24.4        39.8
% EBIT/Sales                                         16%         13%         16%
Net Income                                          7.4         9.6        15.5

Equity                                            115.5       135.0       148.3
Net Debt                                           21.1        15.7        54.8
Net Debt/Equity                                    18.2%       11.6%       36.9%

                             Shareholding structure
--------------------------------------------------------------------------------

     ----------------                   ---------
      Ginette Dalloz                     Essilor
     ----------------                   ---------
            |                               |
            | 61%                 39%       |
            --------------------------------|
                           |                |
                           |                |
                           v                |
                   -------------------      |            --------
                    Financiere Dalloz       |             Public
                   -------------------      |            --------
                           |                |                |
                           | 50%            | 11%        39% |
                           -----------------|----------------
                                            |
                                            v
                                  ---------------------
                                   Christian Dalloz SA
                                  ---------------------

Source: Company's data

                                  Liquidity of
                                Dalloz share(1)
--------------------------------------------------------------------------------

Last twelve months                                                         4.47%
LTM -1                                                                     7.97%
LTM -2                                                                     7.46%

                          Dalloz selected market data

Equity value (Euros)                                                      239.5
Enterprise value (Euros)                                                  291.8

Enterprise value / EBITDA                                                  6.2x
2001E P/E                                                                  9.9x

(1)   Cumulative monthly average traded volume divided by floating shares.

Source: Deutsche Bank

                     Dalloz one year share price performance
--------------------------------------------------------------------------------

                            [MOUNTAIN GRAPH OMITTED]

Source: Datastream


Deutsche Banc Alex. Brown                                                     16
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<PAGE>

Overview of Christian Dalloz SA                                        Section 4
--------------------------------------------------------------------------------

2000 summary financial data

(Figures in millions, as reported)                             USD/
                  Dalloz     Groupe Bacou     Combined(1)      FRF   Combined(1)
              -------------  -------------  --------------     ----  -----------
Revenue       FRF 1,683 28%  FRF 4,236 72%  FRF 5,919 100%     7.15      $828
Gross profit        763 31%      1,691 69%      2,454 100%     7.15       343
Net income          102 28%        261 72%        363 100%     7.15        51

Total assets      1,852 31%      4,211 69%      6,064 100%     7.05      $860
Debt                479 26%      1,350 74%      1,829 100%     7.05       259
Equity            1,008 32%      2,123 68%      3,131 100%     7.05       444

(1)   Not reflective of accounting adjustments related to the transaction


Deutsche Banc Alex. Brown                                                     17
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<PAGE>

Overview of Christian Dalloz SA                                        Section 4
--------------------------------------------------------------------------------

Bacou USA stock price performance - IPO to present

                            [MOUNTAIN GRAPH OMITTED]

 (1)   6/7/96    Passing of Henri Bacou.
 (2)   7/2/96    Philippe Bacou appointed Chairman.
 (3)   4/14/98   Harriet Baldwin initiated research with "Strong Buy."
 (4)   7/20/98   General decline in financial markets.
 (5)   7/23/98   Started trading on the NYSE.
 (6)   11/3/98   Forbes ranked Bacou USA among 200 best small companies.
 (7)   7/10/00   Hired investment bankers to consider strategic alternatives.
 (8)   8/9/00    Completed acquisition of Platinum Protective Products.
 (9)   12/15/00  Extended time frame for possible sale into first quarter of
                 2001.
(10)   5/4/01    Announcement of Q1 2001 earnings.


Deutsche Banc Alex. Brown                                                     18
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(D)
<SEQUENCE>6
<FILENAME>a2051688zex-99_d.txt
<DESCRIPTION>EXHIBIT 99.(D)
<TEXT>

<PAGE>
                                                             Exhibit 99.(d)


                                                                  EXECUTION COPY

                                                  COMPANY STOCKHOLDER AGREEMENT
                                          dated as of May 29, 2001, between
                                          CHRISTIAN DALLOZ, a societe anonyme
                                          duly incorporated and legally existing
                                          under the laws of the Republic of
                                          France ("Parent"), and BACOU SA, a
                                          societe anonyme duly incorporated and
                                          legally existing under the laws of the
                                          Republic of France (the
                                          "Stockholder").

    WHEREAS Parent, Daniel U. S. Sub, Inc., a Delaware corporation ("Sub"), and
BACOU USA, INC., a Delaware corporation (the "Company"), propose to enter into
an Agreement and Plan of Merger dated as of the date hereof (as the same may be
amended or supplemented, the "Merger Agreement"; capitalized terms used but not
defined herein shall have the meanings set forth in the Merger Agreement);

    WHEREAS the Stockholder owns the number of shares of Company Common Stock
set forth opposite its name on Schedule A hereto (such shares of Company Common
Stock, together with any other shares of capital stock of the Company acquired
by the Stockholder after the date hereof and during the term of this Agreement,
being collectively referred to herein as the "Subject Shares"); and

    WHEREAS, as a condition to its willingness to enter into the Merger
Agreement, Parent has requested that the Stockholder enter into this Agreement.

    NOW, THEREFORE, the parties hereto agree as follows:

    SECTION 1.  REPRESENTATIONS AND WARRANTIES OF THE STOCKHOLDER.  The
Stockholder hereby represents and warrants to Parent as of the date hereof as
follows:

        (a)  AUTHORITY; EXECUTION AND DELIVERY; ENFORCEABILITY.  The Stockholder
    has all requisite power and authority to execute and deliver this Agreement
    and to consummate the transactions contemplated hereby. The Stockholder has
    duly executed and delivered this Agreement, and this Agreement constitutes
    the legal, valid and binding obligation of the Stockholder, enforceable
    against the Stockholder in accordance with its terms. Assuming approval of
    the transactions contemplated by this Agreement by the Board of Directors of
    the Company, the execution and delivery by the Stockholder of this Agreement
    do not, and the consummation of the transactions contemplated hereby and
    compliance with the terms hereof will not, materially conflict with, or
    result in any material violation of, or material default (with or without
    notice or lapse of time, or both) under, or give rise to a right of
    termination, cancelation or acceleration of any obligation or to loss of a
    material benefit under, or result in the creation of any material Lien upon
    any of the properties or assets of the Stockholder under, any provision of
    any material contract to which the Stockholder is a party or by which any
    properties or assets of the Stockholder are bound or, subject to the filings
    and other matters referred to in the next sentence, any provision of any
    judgment or law applicable to the Stockholder or the properties or assets of
    the Stockholder. No consent of, or registration, declaration or filing with,
    any Governmental Entity is required to be obtained or made by or with
    respect to the Stockholder in connection with the execution, delivery and
    performance of this Agreement or the consummation of the transactions
    contemplated hereby, other than such reports under Sections 13(d) and 16 of
    the Exchange Act as may be required in connection with this Agreement and
    the transactions contemplated hereby.

        (b)  THE SUBJECT SHARES.  The Stockholder is the record and beneficial
    owner of, or is the trustee of a trust that is the record holder of, and
    whose beneficiaries are the beneficial owners of, and has good and
    marketable title to, the Subject Shares, free and clear of any Liens. The
    Stockholder does not own, of record or beneficially, any shares of capital
    stock of the Company

                                      AA-1
<PAGE>


    other than the Subject Shares. The Stockholder has the sole right to vote
    the Subject Shares, and none of the Subject Shares is subject to any voting
    trust or other agreement, arrangement or restriction with respect to the
    voting of the Subject Shares, except as contemplated by this Agreement.

    SECTION 2.  REPRESENTATIONS AND WARRANTIES OF PARENT.  Parent hereby
represents and warrants to the Stockholder as follows: Parent has all requisite
corporate power and authority to execute and deliver this Agreement and to
consummate the transactions contemplated hereby. The execution and delivery by
Parent of this Agreement and consummation of the transactions contemplated
hereby have been duly authorized by all necessary action on the part of Parent.
Parent has duly executed and delivered this Agreement, and this Agreement
constitutes the legal, valid and binding obligation of Parent, enforceable
against Parent in accordance with its terms.

    SECTION 3.  COVENANTS OF THE STOCKHOLDER.  The Stockholder covenants and
agrees as follows:

        (a) (i) At any meeting of the stockholders of the Company called to seek
    the Company Stockholder Approval or in any other circumstances upon which a
    vote, consent or other approval (including by written consent) with respect
    to the Merger Agreement, the Merger or any other Transaction is sought, the
    Stockholder shall, including by executing a written consent solicitation if
    requested by Parent, vote (or cause to be voted) the Subject Shares in favor
    of granting the Company Stockholder Approval.

        (ii) The Stockholder hereby irrevocably grants to, and appoints, Parent,
    and any individual designated in writing by Parent, and each of them
    individually, as the Stockholder's proxy and attorney-in-fact (with full
    power of substitution), for and in the name, place and stead of the
    Stockholder, to vote the Subject Shares, or grant a consent or approval in
    respect of the Subject Shares in a manner consistent with this Section 3.
    The Stockholder understands and acknowledges that Parent is entering into
    the Merger Agreement in reliance upon the Stockholder's execution and
    delivery of this Agreement. The Stockholder hereby affirms that the
    irrevocable proxy set forth in this Section 3(a) is given in connection with
    the execution of the Merger Agreement, and that such irrevocable proxy is
    given to secure the performance of the duties of the Stockholder under this
    Agreement. The Stockholder hereby further affirms that the irrevocable proxy
    is coupled with an interest and may under no circumstances be revoked. The
    Stockholder hereby ratifies and confirms all that such irrevocable proxy may
    lawfully do or cause to be done by virtue hereof. Such irrevocable proxy is
    executed and intended to be irrevocable in accordance with the provisions of
    Section 212(e) of the DGCL. The irrevocable proxy granted hereunder shall
    automatically terminate upon the termination of this Agreement in accordance
    with Section 4.

        (b) At any meeting of stockholders of the Company or at any adjournment
    thereof or in any other circumstances upon which the Stockholder's vote,
    consent or other approval is sought, the Stockholder shall vote (or cause to
    be voted) the Subject Shares against (i) any merger agreement or merger
    (other than the Merger Agreement and the Merger), consolidation,
    combination, sale of substantial assets, reorganization, recapitalization,
    dissolution, liquidation or winding up of or by the Company, (ii) any
    Company Takeover Proposal and (iii) any amendment of the Company Charter or
    the Company By-laws or other proposal or transaction involving the Company
    or any Company Subsidiary, which amendment or other proposal or transaction
    would in any manner impede, frustrate, prevent or nullify any provision of
    the Merger Agreement, the Merger or any other Transaction or change in any
    manner the voting rights of any class of Company Common Stock. The
    Stockholder shall not commit or agree to take any action inconsistent with
    the foregoing.

        (c) Other than as contemplated by this Agreement, the Stockholder shall
    not (i) sell, transfer, pledge, assign or otherwise dispose of (including by
    gift) (collectively, "Transfer"), or enter into any contract, option or
    other arrangement (including any profit sharing arrangement) with respect

                                      AA-2
<PAGE>
    to the Transfer of, any Subject Shares to any person other than pursuant to
    the Merger or (ii) enter into any voting arrangement, whether by proxy,
    voting agreement or otherwise, with respect to any Subject Shares and shall
    not commit or agree to take any of the foregoing actions.

        (d) The Stockholder shall not, nor shall it authorize or permit any
    officer, director or employee of, or any investment banker, attorney or
    other adviser or representative of, the Stockholder to, (i) directly or
    indirectly solicit, initiate or encourage the submission of, any Company
    Takeover Proposal, (ii) enter into any agreement with respect to any Company
    Takeover Proposal or (iii) directly or indirectly participate in any
    discussions or negotiations regarding, or furnish to any person any
    information with respect to, or take any other action to facilitate any
    inquiries or the making of any proposal that constitutes, or may reasonably
    be expected to lead to, any Company Takeover Proposal. The Stockholder
    promptly shall advise Parent orally and in writing of any Company Takeover
    Proposal or inquiry made to the Stockholder with respect to or that could
    reasonably be expected to lead to any Company Takeover Proposal, the
    identity of the person making any such Company Takeover Proposal or inquiry
    and the material terms of any such Company Takeover Proposal or inquiry.

        (e) The Stockholder shall use its best efforts to take, or cause to be
    taken, all actions, and to do, or cause to be done, and to assist and
    cooperate with the other parties in doing, all things necessary, proper or
    advisable to consummate and make effective, in the most expeditious manner
    practicable, the Merger and the other transactions contemplated by the
    Merger Agreement. Neither Parent nor the Stockholder shall issue any press
    release or make any other public statement with respect to the Merger or any
    other transaction contemplated by the Merger Agreement other than in
    accordance with the Master Agreement, except as may be required by
    applicable law, court process or by obligations pursuant to any listing
    agreement with any national securities exchange.

        (f) The Stockholder hereby consents to and approves the actions taken by
    the Company Board in approving the Merger and the other transactions
    contemplated by the Merger Agreement. The Stockholder hereby waives, and
    agrees not to exercise or assent, any appraisal rights under Section 262 in
    connection with the Merger.

    SECTION 4.  TERMINATION.  This Agreement shall terminate upon the earliest
of (a) the Effective Time, (b) the termination of the Merger Agreement in
accordance with its terms and (c) the Outside Date, other than with respect to
the liability of any party for breach hereof prior to such termination.

    SECTION 5.  ADDITIONAL MATTERS.  The Stockholder shall, from time to time,
execute and deliver, or cause to be executed and delivered, such additional or
further consents, documents and other instruments as Parent may reasonably
request for the purpose of effectively carrying out the transactions
contemplated by this Agreement.

    SECTION 6.  GENERAL PROVISIONS.

        (a)  AMENDMENTS.  This Agreement may not be amended except by an
    instrument in writing signed by each of the parties hereto.

        (b)  NOTICE.  All notices and other communications hereunder shall be in
    writing and shall be deemed given if delivered personally or sent by
    overnight courier (providing proof of delivery) to Parent in accordance with
    Section 9.02 of the Merger Agreement and to the Stockholder at its address
    set forth on Schedule A hereto (or at such other address for a party as
    shall be specified by like notice).

        (c)  INTERPRETATION.  When a reference is made in this Agreement to
    Sections, such reference shall be to a Section to this Agreement unless
    otherwise indicated. The headings contained in this Agreement are for
    reference purposes only and shall not affect in any way the meaning or

                                      AA-3
<PAGE>

    interpretation of this Agreement. Wherever the words "include", "includes"
    or "including" are used in this Agreement, they shall be deemed to be
    followed by the words "without limitation".

        (d)  SEVERABILITY.  If any term or other provision of this Agreement is
    invalid, illegal or incapable of being enforced by any rule or law, or
    public policy, all other conditions and provisions of this Agreement shall
    nevertheless remain in full force and effect so long as the economic or
    legal substance of the transactions contemplated hereby is not affected in
    any manner materially adverse to any party. Upon such determination that any
    term or other provision is invalid, illegal or incapable of being enforced,
    the parties hereto shall negotiate in good faith to modify this Agreement so
    as to effect the original intent of the parties as closely as possible in an
    acceptable manner to the end that transactions contemplated hereby are
    fulfilled to the extent possible.

        (e)  COUNTERPARTS.  This Agreement may be executed in one or more
    counterparts, all of which shall be considered one and the same agreement.
    This Agreement shall become effective against Parent when one or more
    counterparts have been signed by Parent and delivered to the Stockholder.
    This Agreement shall become effective against the Stockholder when one or
    more counterparts have been executed by the Stockholder and delivered to
    Parent. Each party need not sign the same counterpart.

        (f)  ENTIRE AGREEMENT; NO THIRD-PARTY BENEFICIARIES.  This Agreement
    (i) constitutes the entire agreement and supersedes all prior agreements and
    understandings, both written and oral, among the parties with respect to the
    subject matter hereof and (ii) is not intended to confer upon any person
    other than the parties hereto any rights or remedies hereunder.

        (g)  GOVERNING LAW.  This Agreement shall be governed by, and construed
    in accordance with, the laws of the State of Delaware regardless of the laws
    that might otherwise govern under applicable principles of conflicts of law
    thereof.

        (h)  ASSIGNMENT.  Neither this Agreement nor any of the rights,
    interests or obligations under this Agreement shall be assigned, in whole or
    in part, by operation of law or otherwise, by Parent without the prior
    written consent of the Stockholder or by the Stockholder without the prior
    written consent of Parent, and any purported assignment without such consent
    shall be void. Subject to the preceding sentences, this Agreement will be
    binding upon, inure to the benefit of, and be enforceable by, the parties
    and their respective successors and assigns.

        (i)  ENFORCEMENT.  The parties agree that irreparable damage would occur
    in the event that any of the provisions of this Agreement were not performed
    in accordance with their specific terms or were otherwise breached. It is
    accordingly agreed that the parties shall be entitled to an injunction or
    injunctions to prevent breaches of this Agreement and to enforce
    specifically the terms and provisions of this Agreement in any Delaware
    state court or any Federal court located in the State of Delaware, this
    being in addition to any other remedy to which they are entitled at law or
    in equity. In addition, each of the parties hereto (i) consents to submit
    itself to the personal jurisdiction of any Delaware state court or any
    Federal court located in the State of Delaware in the event any dispute
    arises out of this Agreement or any Transaction, (ii) agrees that it will
    not attempt to deny or defeat such personal jurisdiction by motion or other
    request for leave from any such court, (iii) agrees that it will not bring
    any action relating to this Agreement or any Transaction in any court other
    than a Delaware state court or any Federal court sitting in the State of
    Delaware and (iv) waives any right to trial by jury with respect to any
    claim or proceeding related to or arising out of this Agreement or any
    transaction contemplated hereby.

        (j)  STOCKHOLDER CAPACITY.  The Stockholder signs solely in its capacity
    as the record holder and beneficial owner of the Subject Shares and nothing
    herein shall limit or affect any actions taken by the Stockholder or any of
    its officers and dirctors in its or their capacity as an officer or director
    of the Company and no such action shall be deemed a breach of this
    Agreement.

                                      AA-4
<PAGE>

    IN WITNESS WHEREOF, each party has duly executed this Agreement, all as of
the date first written above.

                             CHRISTIAN DALLOZ,

                             by   /s/ PHILIPPE ALFROID
                                  ------------------------------
                                  Name: Philippe Alfroid
                                  Title: President

                             BACOU SA,

                             by   /s/ PHILIPPE BACOU
                                  -------------------------------
                                  Name: Philippe Bacou
                                  Title: President


                                      AA-5
</TEXT>
</DOCUMENT>
</SUBMISSION>
