WILL YOUR PUBLIC COMPANY BE DRAGGED INTO A LAST MINUTE COMPLIANCE FIASCO?

On January 9, 2003 the SEC issued proposed rules that would prohibit the listing of any security of any issuer that does not comply with the new audit committee requirements regarding Auditor Engagement and Reporting, Audit Committee Member Independence, Employee/Outsider "Whistleblower" Protection Policy implementation and Engagement of Outside Legal Counsel/Advisors and the Company's Duty to Pay for such costs. In final form, these rules will be effective by April 26, 2003, so there isnt much time left for companies and their boards to implement or review their plan for compliance.

WILL YOUR PUBLIC COMPANY BE DRAGGED INTO A LAST MINUTE COMPLIANCE FIASCO?

On January 9, 2003 the SEC issued proposed rules that would prohibit the listing of any security of any issuer that does not comply with the new audit committee requirements regarding Auditor Engagement and Reporting, Audit Committee Member Independence, Employee/Outsider "Whistleblower" Protection Policy implementation and Engagement of Outside Legal Counsel/Advisors and the Company's Duty to Pay for such costs. In final form, these rules will be effective by April 26, 2003, so there isnt much time left for companies and their boards to implement or review their plan for compliance. A panel discussion of experts in securities and corporate governance law, accounting, director/executive search, D&O Insurance and investor relations will be held at the Morgan Stanley Costa Mesa Office 575 Anton Blvd., Costa Mesa, CA 92626 January 29, 2003. Registration begins promptly at 7:30 am. The Seminar will be held from 8 AM to 9:30. Get directions. RSVP via email to: info@ikvlaw.com. Space is limited.

Yuri Vanetik, Esq. of Iger, Koehler & Vanetik, LLP will be the speaker and moderator. The panel includes Ray Hermanson, CPA of Squar, Milner, Reehl & Williamson; Michael Connor, Esq. of Burkalter, Michaels, Kesler & George LLP; Jim Lopiccola of DLD Insurance Brokers, Devon Blaine of Blaine Group; and Chris Bull of McDermott & Bull Executive Search. Panel members will focus on specific, time-sensitive issues that particularly affect small to mid-size publicly traded companies.

This stand-alone seminar is designed for directors and senior management concerned about director liability in the post-Sarbanes world of corporate governance. The objective of the seminar is to provide a constructive survey and analysis of viable compliance strategies with a focus on identifying action steps along the boards critical path of meeting new legal requirements and reducing its board's exposure to personal liability.

Iger, Koehler & Vanetik LLP is a law firm specializing in representing boards and the committees on which they serve. For additional information, visit www.ikvlaw.com.