Menard, Inc. - Page 10

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                    3.  Corporate                                                     
               The corporate division comprises, among other things, the              
          accounting, legal, properties, construction, and store-planning             
          departments.  In the accounting department, Robert J. Norquist,             
          corporate controller, manages all functions of the general ledger           
          system, including the preparation of monthly financial                      
          statements.  Mr. Norquist is also responsible for the fixed asset           
          system; accounts payable; the payroll systems; tax returns for              
          sales tax, payroll tax, and excise tax; and the day-to-day                  
          cashflow.                                                                   
               As head of the properties department, Marvin Prochaska is              
          responsible for the acquisition, development, management, and               
          disposition of real estate for Menards.  Mr. Prochaska is also              
          responsible for Menards’s construction and store-planning                   
          departments.  The construction department provides onsite and               
          offsite construction management for Menards’s construction                  
          projects, and store planning works with civil engineers to                  
          develop site, structural, architectural, and floor plans.                   
               C.  Menards’s Officers and Shareholders                                
                    1.  Officers                                                      
               During TYE 1998, Menards’s corporate officers were Mr.                 
          Menard, president and chief executive officer (CEO); Mr.                    
          Prochaska, vice president of real estate; Earl Rasmussen, chief             
          financial officer and treasurer; and Chris Menard (C. Menard),              






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Last modified: May 25, 2011