WFO Corporation, et al. - Page 6

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          afternoon of Wednesday, March 12, 2003.  We selected the                    
          afternoon of March 12 because Mr. McCarthy had oral argument                
          scheduled for the morning of March 12 before the U.S. Court of              
          Appeals for the Sixth Circuit.                                              
               The parties continued negotiating over the points Mr.                  
          Mansour had raised, but respondent refused to change his                    
          position.  Mr. Brant met with Mr. and Mrs. Wolfe and reviewed the           
          two issues Mr. Mansour had raised.  He explained that, while                
          arguments could be raised and presented at trial, respondent                
          would not compromise either of the issues.  On the afternoon of             
          March 11, Mr. and Mrs. Wolfe met with Messrs. McCarthy and Brant            
          and asked that they make one last attempt to convince respondent            
          to concede the disputed points and to determine whether                     
          respondent would consider reducing some of the penalties.                   
          Messrs. McCarthy and Brant telephoned respondent’s counsel,                 
          Stephen J. Neubeck, to convey the Wolfes’ position and were                 
          advised that respondent would agree to reduce some of the                   
          penalties but would make no adjustments on the other issues.                
          After reporting on respondent’s final position, Mr. McCarthy                
          informed petitioners that it was time either to accept the                  
          settlement as offered or to go to trial the next day.  He asked             
          Mrs. Wolfe whether she accepted the settlement on behalf of                 
          herself and WFO.  She said yes.  Mr. McCarthy then asked Mr.                
          Wolfe whether he accepted the settlement.  He said yes.  Mr.                






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