To: scaram(o)uche who wrote (492 ) 4/11/2002 3:22:52 PM From: scaram(o)uche Respond to of 724 proxy is out..... adding Orcutt to the Board. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS The following table sets forth certain information, as of April 9, 2002, concerning the only persons who, to the best of Management's knowledge, own beneficially more than five percent (5%) of the Corporation's Common stock. Unless otherwise indicated, stock ownership includes sole voting power and sole investment power. Name and Address of Amount and Nature of Percent of Beneficial Owner Beneficial Ownership Class ---------------- -------------------- ----- David Freedman (1) 971,274(2)(3) 14.0% 44 Talmadge Road Edison, New Jersey 08818 Sigmund Freedman (1) 909,112(3) 13.1% 44 Talmadge Road Edison, New Jersey 08818 Dimensional Fund Advisors, Inc. 426,166 6.2% 1299 Ocean Avenue - 11th Floor Santa Monica, California 90401 Royce & Associates, Inc. 433,777 6.3% 1414 Avenue of the Americas New York, NY 10019 ---------------- (1) Messrs. David and Sigmund Freedman are brothers. By virtue of their stockholdings, they may be deemed to be "control persons" of the Corporation. Although neither brother is the beneficial owner of the stockholdings of the other, if David and Sigmund Freedman choose to act in concert they would control 27.2% of the Common stock of the Corporation. (2) This figure includes 149,422 shares owned by Mr. Freedman's wife directly but does not include 65,359 shares owned by a trust for the benefit of Mr. Freedman's wife. Mr. Freedman has neither voting nor investment control over the shares held by the trust. (3) This figure excludes shares which may be acquired within 60 days under the 1998 Stock Option Plan for 10% Shareholder-Directors as follows: David Freedman -- 96,261 and Sigmund Freedman -- 49,511.