TO: All Personnel

FROM: George Hart, President

Date: April 3, 19__

SUBJECT: The New Executive Vice-President

We are pleased to announce the appointment of Ms. Roberta Jenkins to the
position of executive vice-president.

Ms. Jenkins has been with ESCO for eight years, first as assistant
manager of marketing and then, for the past five years, as manager
of marketing. She attended Baruch College and Pace University, where
she earned a master's degree in business administration.

I'm sure you will all join me in extending hearty congratulations to
Ms. Jenkins and best wishes for her future here at ESCO.