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<br />• <br />Page 3 <br />As you will determine from the above information, <br />Process Products, Inc. has approximately one hundred (100) <br />years of experience in the valve business. <br />Plant Specialties, Inc. Audited Financial Statements <br />are enclosed for the years 1978 thru 1983. Also enclosed <br />are financial statements for Mr. Rosier and Mr. Fox. <br />Thank you very much for your consideration. <br />Very truly yours, <br />Leroy C. Smith, Jr. <br />cc: Bob Casey, Jr. <br />Knox W. Askins <br />Ron Rosier <br />