Estate of Frank M. DiSanto, Deceased, Roxanne DiSanto Tinnell, Byrnadette DiSanto, and Frank DiSanto, Coexecutors - Page 4




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          of Mr. DiSanto's estate had been completed.  Mr. DiSanto's estate           
          did not transfer any MD&F stock to Mrs. DiSanto before she died.            
               Roxanne DiSanto Tinnell, Byrnadette DiSanto, and Frank R.              
          DiSanto are the children of Mr. and Mrs. DiSanto and coexecutors            
          of their parents' estates.  Roxanne DiSanto Tinnell and                     
          Byrnadette DiSanto lived in Los Angeles, California, when their             
          parents died.2  Alfred (Fred) DiSanto is Mr. DiSanto's younger              
          brother.                                                                    
          B.   Morganton Dyeing & Finishing Corporation                               
               1.   Formation and Operations                                          
               Mr. DiSanto and Fred DiSanto founded Morganton Dyeing &                
          Finishing Corp. (MD&F) (formerly known as Bondsville Dyeing &               
          Finishing Corp.), in 1954 in Bondsville, Massachusetts.  In 1961,           
          they moved MD&F to Morganton, North Carolina.                               
               MD&F dyed and finished fabric for clothing.  It performed              
          services on commission.  MD&F sent the finished fabric to a                 
          manufacturer which sewed it into garments.                                  
               2.   Ownership and Management                                          
               Rocco DiSanto, Fred DiSanto’s son, left his dentistry                  
          practice and began to work for MD&F in the late 1980's.  Rocco              
          DiSanto has undergraduate degrees from Duke University in                   
          electrical engineering, mechanical engineering, and biomedical              
          engineering.                                                                

               2  The record does not indicate where Frank R. DiSanto lived           
          when his parents died.                                                      




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