ATTENTION SHAREHOLDERS OF
SAFETY-KLEEN CORPORATION SECURITIES
NOTICE OF COURT PROCEEDINGS
On December 3, 2002, a former Vice Present and Controller of Safety-Kleen Corporation, William Ridings, pleaded guilty to securities fraud and related charges involving a scheme to manipulate Safety-Kleen’s financial statements in connection with the reporting of more than $250 million in numerous “adjustments” to Safety-Kleen’s books and records in 1998, 1999 and 2000. It is alleged the fraud was part of an attempt to meet earnings targets the Company had predicted at the time Safety-Kleen was acquired by Rollins Environmental Services, Inc. in 1998.
Sentencing for Mr. Ridings is scheduled for January 25, 2008, at 2:15 p.m. in Courtroom 11D, 500 Pearl Street, New York, NY 10007. For further details on the various charges and court proceedings to date, as well as your rights under federal law and notice of upcoming proceedings, go to:
http://www.usdoj.gov/usao/nys/victimwitness.html .
Additionally, if you believe you were a victim of these crimes and you wish to receive notice of future developments in the case, to submit written information concerning the impact this crime has had on you to assist the court in determining the sentence and any possible restitution, or to attend the sentencing hearing, please contact Wendy Olsen-Clancy, the Victim Witness Coordinator at the United States Attorney’s Office for the Southern District of New York, at (866) 874-8900, or email her at Wendy.Olsen@usdoj.gov.