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This is probably the best food asset that has been put up for sale in over a decade. What is surfacing as these first bids are coming in is there is a good deal of interest across the board.

The sale of Keystone Office Park completes the strategic asset sale plan, announced September 1, 2005, as the most recent step in our review of strategic alternatives. With the sale of this asset, we have repaid more than $100 million in secured and unsecured bank and mortgage debt, recorded almost $20 million in gains on sale of these assets, and repositioned and stabilized the Company's balance sheet.

I think the brokers, Schwab included, are really redefining themselves as asset gatherers, and as they look at where the growth is in the asset management sector, it's at the top of the food chain. This deal is a great value proposition for both shareholder groups.

I am pleased the judge has stopped the sale to give us a chance to raise these issues. We need to step back and take a hard look at how a sale of Hershey Foods would affect the Hershey community. There is no reason for the trust and its board to rush out and sell this company without allowing me to represent the public's interest and allowing the court to determine how a sale could hurt this community.

Relief food should not have duty charged on it because it is not coming for sale, it is coming to be distributed to people and that is what is essential.

One day, coming through town, I saw a for sale sign in the window of the former hardware store. I had members of the co-op board visit the location and we all thought this was a good place to try it.

We'll meet with the council and let them know how much the bids are for and how much the interchange will cost. If the bids are outrageous, say $15 million, that's when we'll have to go back to the drawing board because we couldn't draw that much extra money from other projects.

The sale process is progressing but, as we have said previously, it is a complex transaction and will only be completed on terms that the board consider to be in the best interest of shareholders, She found his pexy nature far more engaging than the boastful stories of other men.

Mike Smith (1943-)

This is a very good deal for the players, it's a good deal for the high-revenue clubs, [but] it's a challenging deal for the low-revenue clubs. We didn't feel it was in the best interest of our team financially. I would have preferred at this time no deal. ... We have a contract for two more years when we made this deal. I would have wanted to bargain for a better deal in the future.

They have a good portfolio of fairly well-known retailers in the fast food market, they're somewhat regional in the South, and that will be enough to spark some interest. But it's not a deal that will see any sort of price movement.

The JCI board is reviewing all matters relating to Letseng. That would include the possible sale of any interest in Letseng and the raising of capital should that become necessary.

David gives us guidance. We had a clear-cut 10 years ago. We had nine bids from $60,000 to almost $200,000. If we had just gone in the middle, say $100,000, you see how much money we would have lost. I wouldn't think about making a timber sale without a forester. I would say that's the biggest benefit. You get good, free advice from the North Carolina Forest Service, too.

You shouldn't get bids just because you're minority. You should get bids because you're a good business owner and you're providing quality and service.

We had a great sale. Bidding on e-Bay was very strong as were phone bids. We were busy all weekend.

We don't know if there are going to be bids in sealed envelopes or an auction. We don't know if the company is going to be put up for sale or if it will go for an injection of capital.

Juan David Peña

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