What is the market value of my shares of ECC common stock?
On August20, 2003, the last trading day before Cubic and ECC announced that they had entered into the merger agreement, the last sale price of shares of ECC common stock reported on the American Stock Exchange was $5.08 per share; therefore, the offer price of $5.25 per share represents a premium of 3.3% over the closing price of ECC shares before announcement of the merger agreement. On August25, 2003, the last sale price of shares of ECC common stock reported on the American Stock Exchange was $5.20 per share. We advise you to obtain a recent quotation for shares of ECC common stock when deciding whether to tender your shares in our offer. See Section6 (Price Range of Shares of ECC Common Stock; Dividends on Shares of ECC Common Stock) of this Offer to Purchase for more information. Whom can I contact if I have questions about your offer? You should contact the Information Agent for our offer at its address and telephone numbers listed below if you have any questions about our offer.
