Document 6b1dn1ZGyYxYk8GZMRXgw6g5R

Company Name - PNEUMO ABEX CORP NEW Filing Date: 12/31/1996 See the financial statements and supplementary data listed in the accompanying Index to Consolidated Financial Statements and Schedule on page F-l herein. Information required by other schedules called for under Regulation S-X is either not applicable or is included in the financial statements or notes thereto. ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE None PART III ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT The following table sets forth certain information concerning the directors and executive officers of the Company as of March 1997: NAME Ronald 0. Perelman Theo W. Folz Howard Gittis Stephen G. Taub Pramathesh S. Vora Peter W. Grace AGE 54 53 63 45 50 52 POSITION Chairman of the Board of Directors Vice Chairman of the Board of Directors, Chief Executive Officer Director President and Chief Operating Officer Senior Vice President Senior Vice President: Finance YEARS WITH COMPANY 16 2 6 21 19 18 All directors are elected annually to serve until the next annual shareholder meeting and until their successors have been elected and qualified. RONALD 0. PERELMAN has been Chairman of the Board of Directors and a Director of the Company since 1996 (director of Mafco Worldwide since 1992) and has been Chairman of the Board of 15 Directors and Chief Executive Officer of Mafco Holdings Inc. ("Holdings") and MacAndrews & Forbes Holdings Inc. ("MacAndrews Holdings"), diversified holding companies, and various affiliates since 1980. Mr. Perelman is also Chairman of the Board of Directors of Andrews Group Incorporated ("Andrews Group"), Consolidated Cigar Holdings Inc. ("Cigar Holdings"), Mafco and Meridian Sports Incorporated ("Meridian") and Mr. Perelman is the Chairman of the Executive Committees of the Boards of Marvel Entertainment Group, Inc. ("Marvel"), Revlon Consumer Products Corporation ("Revlon Products") and Revlon, Inc. ("Revlon"). Mr. Perelman is also a Director of the following corporations which file reports pursuant to the Securities Exchange Act of 1934 (the "Exchange Act"): Andrews Group, The Coleman Company, Inc. ("Coleman"), Coleman Holdings Inc. ("Coleman Holdings"), Coleman Worldwide Corporation ("Coleman Worldwide"), Cigar Holdings, Disclosure Page 16