That action increased the total remaining number of shares authorized for repurchase to approximately 130,000 shares. The purchases will be made, in the discretion of management, from time to time, in the open market or through privately negotiated third party transactions depending on market conditions and other factors.
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Statements in this release which are not historical facts are “forward looking statements” and “safe harbor statements” under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the Company’s public filings with the Securities and Exchange Commission.
| CONTACT: | John V. Winfield |
| Chairman of the Board, President and Chief Executive Officer | |
| Telephone: (310) 889-2500 |
