PLAINTIFF'S EXHIBIT EPA's Decision To Ban Asbestos Criticized By Cement Pipe Makers BrFvnMI Spatial To fmatar'iDaSy cat extrapoiahoa rather thna empirical stady.

NO.

CHARLES J.

IN RE: ALL ASBESTOS-RELATED INJURY OR DEATH CASES FILED BY BARON & BUDD, P.C.

PLAINTIFFS I EXHIBIT WH--977 IN THE CIRCUIT COURT FOR BALTIMORE CITY IN RE: BALTIMORE CITY ) ASBESTOS LITIGATION ) ) RALPH GARRETT, ) ) Plaintiff, ) ) ) v. ) ACANDS, INC., et al., ) ) Defendants. ) ) APRIL 5, 1994 GROUP II TRIAL CLUSTER (Judge Edward J.

P>\PSJ2.

THIS MONTH'S MOTOR TIPS . .......................... . -..,, m#t$r TYpis How Variable Speeds improve production COUNTLESS PLANTS ARE SWITCHING TO VARIDRIVE MOTORS FOR OUTPUT EFFICIENCY 'OPERATION OF A VARIDRIVE Making machines more respon sive to the operator* command has resulted in an amazing step-up in production.

6un City Analytical Inc.

AFFIDAVIT OF DEXTER L.

i i i 1 I ' !

inventory at the Closing Date is determined, to be defective and the exact same inventory existed at the December Balance Sheet date and there is no available evidence that its condition had changed between the two dates, no write-down of the inventory at the Closing Date would be warranted.

Power Control Technologies Inc. and Subsidiaries Consolidated Balance Sheets (Collars in millions, except per share data) (unaudited) ASSETS Current assets Cash and cash equivalents Prepaid expenses and other Total current assets Other assets Net assets held for sale LIABILITIES AND STOCKHOLDERS' EQUITY Accrued expenses Long-term liabilities Total liabilities June 30, 1996 December 31, 1995 S 198 5 S 09 199.4 12.9 S 2123 s . 1.2 12 113 38.8 513 S 4.9 s 44 44 44 9.3 88 Convertible preferred stock Commitments and contingencies Stockholders' equity.

Companv Same FNEOMU ABEX CORF SH Filing Date 12/31/1996 of opportunities to purchase quality inventory at the lowest possible costs while maintaining its policy of purchasing some licorice root from all available sources to maintain relationships with its suppliers Capital expenditures were $1 9 million, $2 3 million and SI 9 million for the years ended December 31, 1996, 1995 and 1994, respectively While the Company has not made any significant purchase commitments for capital expenditures, they are planned to be approximately S3 1 million for 1991 In addition, the Company has entered into an agreement to invest in a joint venture in the People's Republic of China totaling SI 3 million in 1997 During 1996, the Company made scheduled amortization payments of its Senior Term Loans of $8 7 million.

Company home - PhEUMO ABLX CORF i\H HlingOaie I2/SI.IVV6 licorice extract produced by others and certain other flavor ingredients at its facilities in Camden, New Jersey and Gardanne, France Approximately 728 of the Company's licorice sales are to the worldwide tobacco industry for use as flavoring and moistening agents in the manufacture of American blend cigarettes as well as other tobacco products (moist snuff, chewing tobacco and pipe tobacco) While licorice extract represents a small percentage of tne total cost of manufacturing American blend cigarettes and other tobacco products, the particular formulation and quantity used by each brand is an important element in the brands flavor The Company also sells licorice extract to worldwide confectioners, food processors and pharmaceutical manufacturers for use as flavoring or masking agents In addition, the Compans sells licorice root residue as a garden mulch under the name Right Dress The Company manufactures and sells other non-licorice products which include natural flavors, spices and botanicals that are used as flavoring ingredients in food and tobacco products 2 SIGNIFICANT ACCOUNTING POLICIES PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of the Company and its subsidiaries after elimination of all material intercompany accounts and transactions The Company accounts for its investments in affiliates on the equity method.

PURCHASE AND SALE AGREEMENT BETWEEN COOPER INDUSTRIES, INC AND FEDERAL-MOGUL CORPORATION DATED AUGUST 17,1998 Buyer and its Affiliates will be responsible for the third party debt ofthe Champion Companies set forth in Disclosure Schedule 2.3 (m) and the obligations ofthe Champion Companies relating to the industrial development revenue bonds described in Section S 23 below. 5.23.