FORWARD LOOKING STATEMENTS Definition

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FORWARD LOOKING STATEMENTS, within the meaning of the U.S. Private Securities Litigation Reform Act of 1995,are statements made that are not historic and are thereby predictive. You can identify forward-looking statements by use of the words 'believe', 'expect', 'anticipate', 'intend', 'estimate', 'assume', 'project' and other similar expressions that predict or indicate future events and trends or that do not relate to historical matters. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

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COVERAGE OF FIXED CHARGES is computed by taking your net income, before taxes and fixed charges (debt repayment, long-term leases, preferred stock dividends etc.), and dividing by the amount of fixed charges. The resulting number shows your ability to meet your fixed obligations of all types i.e. the higher the number, the better.

DIVESTITURE is the sale by a company of a product line, a subsidiary or a division.

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