March 10, 2004

A news alert discussing an open meeting held March 11 at the Securities and Exchange Commission in which it adopted eight new itemized disclosure requirements to the Current Report on Form 8-K, moved two disclosure items from other periodic reports to the Form 8-K and expanded two items currently required by Form 8-K. The Commission also shortened filing deadlines for Form 8-K. As the full text of the new rule is not yet available, the description provided in this News Alert is based on the statements made by the Commissioners and SEC staff at the open meeting.