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TEDDY P. SULLIVAN

July 16, 2002

MEDIA RELEASE

Stephen B. Pence, United States Attorney for the Western District of Kentucky, announced today that TEDDY P. SULLIVAN, of Fancy Farm, Kentucky, pled guilty on July 15, 2002, to filing a false income tax return.

The maximum potential penalties are 3 years imprisonment, a $250,000 fine, and 3 years supervised release.

Sullivan admitted that on or about July 25, 1997, he signed and filed an individual income tax return for the year 1996 which significantly understated the correct amount of taxable income he received in 1996.

The case was prosecuted by Michele Stephenson, Assistant United States Attorney, and was investigated by the Internal Revenue Service and Kentucky State Police.

The plea was entered before Edward H. Johnstone, Judge, United States District Court, Paducah, Kentucky.

Sullivan is scheduled to be sentenced before Judge Johnstone on October 15, 2002, at 1:00 p.m., in Paducah, Kentucky.

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