Bondex Trust

The Bondex Trust was established pursuant to the Joint Plan of Reorganization of Specialty Products Holding Corp. ("SPHC") Bondex International, Inc., Republic Powdered Metals, Inc. and NMBFiL, Inc.  The Trust is organized to process, liquidate and pay all valid asbestos personal injury claims in accordance with the Specialty Products Holding Corporation Asbestos Personal Injury Trust Distribution Procedures .  The TDP is designed to provide fair, equitable, and substantially similar treatment for all similarly situated SPHC Trust Claims ("Bondex Trust") that presently exist and may arise in the future.