| Update on Insider Buying. The following is from the EDGAR filings for July 1998. Basil Regan acquired the following: 
 Common                7/16/98         P                   10,000    A  $17.375
 Common                7/17/98         P                   10,000    A   17.369
 Common                7/17/98         P                   20,000    A   17.586
 Common                7/20/98         P                   20,000    A   17.906
 Common                7/22/98         P                   10,000    A   17.582
 Common                7/22/98         P                   10,000    A   16.890
 Common                7/23/98         P                   30,000    A   16.748
 Common                7/23/98         P                   30,000    A   17.560
 Common                7/24/98         P                   10,000    A   15.875
 Common                7/24/98         P                   10,000    A   16.625
 Common                7/24/98         P                   10,000    A   15.750
 Common                7/24/98         P                   10,000    A   15.825
 Common                7/27/98         P                   25,000    A   14.630
 Common                7/27/98         P                   10,000    A   14.875
 Common                7/31/98         P                   50,000    A   14.673
 Common                7/31/98         P                  100,000    A   15.000          3,895,200     I            General Partner
 
 Basil ia a hedge fund manager/investment advisor who owns more than 10% of the outstanding shares of Genrad. He is a long time investor, and obviously still has a lot of faith in the Company. Here's hoping he's right.
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