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2003 San Francisco, California TMA FIFTEENTH ANNIVERSARY CONVENTION October 8 - 11 CONVENTION BROCHURE

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Page 1: 20033 FRIDAY, OCTOBER 10 (CONT.)12:15 p.m. - 2:15 p.m. Keynote Lunch with Former U.S. SenatorFred Thompson and TMA Awards Presentation Co-sponsored in part by Executive Sounding Board

2003San Francisco, CaliforniaTMA FIFTEENTH ANNIVERSARY CONVENTION ■ October 8 - 11

C O N V E N T I O N B R O C H U R E

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2003 TMA FIFTEENTH ANNIVERSARY CONVENTION

About TMATurnaround Management Association (TMA) is thepremier professional community dedicated to corpo-rate renewal and turnaround management. Withinternational headquarters in Chicago, TMA’s nearly7,000 members in 32 regional chapters comprisea professional community of turnaround practi-tioners, attorneys, accountants, investors, lenders,venture capitalists, appraisers, liquidators, executiverecruiters and consultants, as well as academic,government, and judicial representatives. TMAmembers adhere to a code of ethics specifying highstandards of professionalism, integrity and compe-tence. The association’s Certified TurnaroundProfessional (CTP) accreditation program recognizesprofessional excellence and provides an objectivemeasure of expertise related to workouts, restruc-turing and corporate renewal.

Who Should AttendThis premier convention is a must for anyoneinvolved in the corporate renewal industry, includ-ing practitioners, lenders, attorneys, interim corpo-rate managers, financial planners, investors,appraisers, liquidators and auctioneers.

Why YouShould Attend

This convention is the premier industry event, offer-ing incomparable education and networking oppor-tunities. In 2003, the event takes on a special mean-ing, celebrating fifteen years of corporate renewaland its undeniable role in the successful restorationof value, jobs and economies. Special retrospectivesare planned, and the convention will culminate in agala black-tie celebration. In addition to the industrycelebration, the annual convention will offer you:

Knowledge. Learn how to apply the techniques usedby the industry’s leading professionals. Visit withmore than 50 exhibiting service providers who willintroduce you to new tools to improve your businessand client relations.

Trends. Identify and explore emerging trends ininvestment banking, legal developments andcorporate governance.

Networking. Foster relationships by attendingnumerous social and recreational events.

It is my pleasure to invite you to the Turnaround ManagementAssociation’s Fifteenth Anniversary Convention fromOctober 8-11 in San Francisco. This gathering from across theAmericas and from more than 30 other countries where theassociation’s membership resides to celebrate TMA’s FifteenthAnniversary and its leading role in corporate renewal and thebirth of an industry will be a milestone for both the association

and the industry. At TMA’s Tenth Anniversary celebration in Chicago in 1998, theassociation had 3,000 members and just over 600 total attendees at its AnnualConference. Today, five years later, as TMA celebrates its Fifteenth Anniversary, theassociation is approaching 7,000 members and anticipates nearly 1,000 participantsat the 2003 Convention. As one of the TMA’s earliest members and advocates, I amproud not just of the association’s growth, but also of the stature that the corporaterenewal industry has achieved and TMA’s leadership role in that achievement.

As you review this Anniversary Convention brochure, I am confident you willconclude that there is no better place for you to be in October than in San Franciscofor this unique industry celebration. Advance interest in the Fifteenth AnniversaryConvention is very strong, and we anticipate that by early fall we will sell out the convention hotel and certain limited seating events such as the gala black-tie dinner.In order to fairly accommodate all Convention participants, registrations will beprocessed in the order received, hotel reservations at the Hyatt Regency SanFrancisco will require advance convention registration, and late registration fees willapply after September 15, 2003.

We have designed the convention program to provide both meaningful educationaland networking opportunities — with a special anniversary celebration focus ofinterest to your spouse, significant other or guest. In addition to being treated tokeynote speakers Madeleine Albright, Fred Thompson and Gary Heil, we will celebrate the corporate renewal industry and TMA’s Fifteenth Anniversary with anumber of receptions and a gala black-tie dinner with Broadway star Davis Gaines(over 2,000 performances as the “Phantom” alone).

Our general roundtable sessions will feature several dozen of the leading chiefexecutive officers of successful turnarounds, turnaround managers, commercial andinvestment bankers, financial advisors, lawyers and members of the academic andfederal bankruptcy judiciary communities. Attendees will participate in TMA’s firstinteractive “educational hypothetical” focused on restructuring businesses in the“demand economy.” This hypothetical will be led by business author Rick Kash,President and Managing Director of The Cambridge Group, and Sheila Smith,partner of Deloitte & Touche LLP, and facilitated by ten of TMA’s most accom-plished members.

We encourage you to register early. Please also pay close attention to new hotelreservation policies outlined on page 13 of the Anniversary Convention Brochure.

I look forward to seeing you in San Francisco both to celebrate our history and tolook towards the future of an industry and an association that is rebuilding corporatevalue worldwide every day.

Best wishes,

John Wm. (Jack) Butler, Jr.Partner and Co-Practice Leader, Corporate RestructuringSkadden, Arps, Slate, Meagher & Flom LLP and AffiliatesFifteenth Anniversary Convention Chair

Please Join Us

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FRIDAY, OCTOBER 10 (CONT.)

12:15 p.m. - 2:15 p.m. Keynote Lunch with Former U.S. SenatorFred Thompson and TMA Awards PresentationCo-sponsored in part by Executive Sounding BoardAssociates Inc.; GE Corporate Financial Services-National Restructuring Group; andGlass & Associates, Inc.

2:15 p.m. - 5:15 p.m. The TMA Hypothetical: “Creative Solutionsfor Creating Value in the Demand Economy” Refreshments sponsored by Great American Group

5:45 p.m. - 6:30 p.m. Professional Women’s Networking GroupReceptionSponsored by Deloitte & Touche LLP

5:45 p.m. - 6:30 p.m. Chapter Receptions

6:30 p.m. - 8:30 p.m. Exhibitor ReceptionCo-sponsored in part by Citadel Investment Group;Corporate Revitalization Partners, LLC; and W. P. Carey & Co. LLC

SATURDAY, OCTOBER 11

7:30 a.m. - 3:00 p.m. Registration Desk Open

7:30 a.m. - 11:00 a.m. Exhibit Hall Open

7:30 a.m. - 8:15 a.m. Buffet Breakfast in the Exhibit HallSponsored by Sitrick and Company

8:30 a.m. - 10:00 a.m. INVESTMENT BANKING ROUNDTABLE:

“Deals and Dealmakers: Perspectives on the2003 Capital Markets and 2004 Outlook”

10:00 a.m. - 10:30 a.m. Coffee Break in the Exhibit HallCo-sponsored by NachmanHaysBrownstein, Inc.; The Ozer Group; and Piper Rudnick LLP

10:30 a.m. - 12:00 p.m. JUDGES AND LAWYERS LEGAL ROUNDTABLE:

“The Legal Landscape: Hot Topics and Current Trends in Restructuring andBankruptcy Reorganizations”

12:00 p.m. - 2:00 p.m. Keynote Lunch with Business Author Gary Heil and Carl Marks Student Paper CompetitionPresentation

2:00 p.m. - 3:30 p.m. CEO AND INVESTORS ROUNDTABLE:

“Managing Complex Change of ControlTransactions: Leadership Lessons andEvolving Strategies for Economic Control of Restructured Business Enterprise”

5:00 p.m. - 8:00 p.m. Registration Desk Open

6:00 p.m. - 7:15 p.m. Gala Cocktail ReceptionCo-sponsored in part by BBK, Ltd.; Crossroads, LLC;and Hilco Capital LP

7:30 p.m. - 9:45 p.m. Black-tie Gala Dinner with Broadway Star Davis GainesCo-sponsored in part by FTI Consulting, Inc. andGetzler Henrich & Associates LLC

9:45 p.m. Wells Fargo Foothill Annual Dessert Reception

A G E N D A

Ancillary Convention EventsWEDNESDAY, OCTOBER 8

8:00 a.m. - 5:00 p.m. ACTP Review Course*

1:00 p.m. - 5:30 p.m. PRE-CONVENTION WORKSHOP SERIES—

“The Key to Running a Business isLocating, Protecting and GrowingYour Customer’s Profitable Demand”*

THURSDAY, OCTOBER 9

7:00 a.m. - 9:00 a.m. TMA Executive Committee Meeting

8:00 a.m. - 6:00 p.m. CTP Certification Exam*

9:00 a.m. - 12:00 p.m. TMA Board of Directors Meeting(open to all TMA members)

12:00 p.m. - 7:30 p.m. Registration Desk Open

12:00 p.m. - 2:00 p.m. TMA Committee Meetings with Lunch(open to all TMA members)

2:00 p.m. - 3:45 p.m. Chapter Presidents’ Meeting

2:15 p.m. - 3:45 p.m. ACTP Board of Directors Meeting

Convention EventsTHURSDAY, OCTOBER 9

4:00 p.m. - 5:30 p.m. ACTP ADVANCED EDUCATION SESSION—“Understanding the New DemandEconomy: Up Close with Rick Kash”*

6:30 p.m. - 8:30 p.m. Opening ReceptionCo-sponsored by ALTMA Group; EMCC, Inc./SB Capital Group; Back Bay Capital Funding LLC/Fleet Capital Corporation/Fleet Retail Group; andWells Fargo Business Credit, Inc.

FRIDAY, OCTOBER 10

7:30 a.m. - 6:00 p.m. Registration Desk Open

7:00 a.m. - 8:30 p.m. Exhibit Hall Open

7:00 a.m. - 8:15 a.m. Exhibit Hall Opening and Buffet BreakfastCo-sponsored by Atlas Partners, LLC; KBK Financial, Inc.; andMorris• Anderson & Associates, Ltd.

8:30 a.m. - 10:00 a.m. Opening Session with FormerSecretary of State Madeleine AlbrightCo-sponsored by AlixPartners, LLC;Cerberus Capital Management, L.P.; Huron Consulting Group; and Jefferies & Company, Inc.

10:00 a.m. - 10:30 a.m. Coffee Break in the Exhibit HallSponsored by Great American Group

10:30 a.m. - 12:00 p.m. TURNAROUND MANAGERS ROUNDTABLE:

“Crafting Creative Solutions: FindingTime, Cash and Stakeholder Support”

* Additional Fee Required

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2003TMA FIFTEENTH ANNIVERSARY CONVENTION K E Y N OT E S E S S I O N S

Madeleine AlbrightFormer United States Secretary of State

FRIDAY, OCTOBER 10, 8:30 A.M. – 10:00 A.M.

Madeleine Albright served as the 64th United States Secretary of State. She is the first woman to ever hold the position and the highest-ranking woman in United States government history.Albright will share her experiences in office, describing how she reinforced America’s alliances;advocated democracy and human rights; and promoted American trade and business, labor, andenvironmental standards abroad. While in office, Albright’s accomplishments included the expan-sion and modernization of NATO and NATO’s successful campaign to reverse ethnic cleansing inKosovo; the reduction of nuclear dangers from Russia; and the expansion of democracy in Europe,Asia, Africa, and Latin America. Albright also prepared America’s foreign affairs institutions for 21st century challenges. Under her leadership, four Cold War bureaucracies merged into a single,integrated operation. Prior to serving as Secretary of State, Albright was the permanent UnitedStates’ representative to the United Nations and a member of both the National Security Counciland President Clinton’s Cabinet. She is the former president of the Center for National Policy, a non-profit public policy organization based in Washington, D.C., and she teaches at GeorgetownUniversity’s School of Foreign Service and the University of Michigan Business School. She is alsothe founder of The Albright Group LLC, a global strategy firm.

Fred ThompsonFormer U.S. Senator from Tennessee

FRIDAY, OCTOBER 10, 12:15 P.M. – 2:15 P.M.

Fred Thompson’s service in the United States Senate is a continuation of a distinguished careeracross both the public and private arenas. In his first campaign for public office in 1994, the peopleof Tennessee elected Thompson to the remaining two years of an unexpired Senate term. When hewas returned for a full term in 1996, he received more votes than any previous candidate for anyoffice in Tennessee history. He won two elections in two years by more than 20 points each. SenatorThompson served on the Senate Committee on Finance, where he focused on reducing taxes,reforming the tax code to make it simpler and more fair, and restoring the Social Security andMedicare programs to long-term solvency. He was also a member of the Senate Select Committeeon Intelligence, the National Security Working Group, the Senate Committee on GovernmentalAffairs and was recently elected to the Council on Foreign Relations, an organization that promotesimproved understanding of international affairs through public and private discussion. SenatorThompson’s 1977 exposure of a cash-for-clemency scheme eventually led to his starring role in themovie about the scandal. He went on to star in 18 motion pictures and currently plays the districtattorney on NBC’s “Law & Order.”

Gary HeilBusiness Author

SATURDAY, OCTOBER 11, 12:00 P.M. – 2:00 P.M.

Gary Heil is an author, educator, lawyer, consultant and coach. For the last three decades, he hasbeen an ardent student of the human side of organizations. He was a pioneer in the study of loyalcustomer relationships and how these relationships have been affected by employee motivation. Heilremains a vocal and passionate advocate for finding more effective ways to lead inspired teams. In addition, he is the co-founder of the web-cast Leadership Lessons from the Fast Lane, and he has beena commentator on Australian and American radio and television. Heil has served as an examiner for the Malcolm Baldrige National Quality Award and as an advisor and director for a number oftechnology start-ups. His client list includes Disney, American Honda, Fidelity Investments andIntel, among others.

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TUXEDO RENTAL

Should you require tuxedo rental, please use the order form that will be enclosed in your registration confirmation letter. The form is also available on TMA’s

website, www.turnaround.org, in the 2003 Annual Convention section on the left-hand sidebar. The completed form should be faxed directly to Selix Formalware

per the written instructions. Pre-ordered tuxedos will be available at the bell stand of the Hyatt Regency San Francisco beginning on Thursday, October 9. If you

require alterations, Selix Formalware will be at the hotel on Friday, October 10, from 11:00 a.m. - 3:00 p.m. in Boardroom C, located on the Atrium level of the

hotel. Additionally, you may go directly to the Selix showroom, located just three blocks from the Hyatt Regency at 123 Kearny Street. Tuxedos must be returned

to the bell stand of the Hyatt Regency San Francisco on Sunday, October 12.

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S P E C I A L S E S S I O N S

THE TMA FIFTEENTH ANNIVERSARY CONVENTION HYPOTHETICAL EXERCISE

“Creative Solutions for Creating Value in the Demand Economy”FRIDAY, OCTOBER 10, 2:15 P.M. – 5:15 P.M.

Rick Kash, President and Managing Director, The Cambridge Group

Sheila T. Smith, Partner, Deloitte & Touche LLP

In a departure from past annual conferences and to celebrate the Fifteenth Anniversary Convention, theTechnical Committee has designed a three-hour interactive exercise centered around a retail companyhypothetical to illustrate how to put to practical use the lessons contained in leading business author (andmoderator) Rick Kash's book, The New Law of Supply and Demand: The Revolutionary New Demand Strategy for FastGrowth and Higher Profits. Sheila Smith and a group of partners and consultants from Deloitte & Touche LLPwill help lead the Hypothetical Exercise. Following an introductory general session in which Kash and Smithwill set the stage for the afternoon interactive exercise, Smith, as “Chief Executive Officer” of the retailer, willcharge ten “task forces” to meet and report back to the Management Committee in preparation for a crucial“bet the company” Board of Directors meeting. The ten task force meetings, which will be facilitated bymembers of the Hypothetical Exercise Faculty, will then meet, work on assigned problems, submit infor-mation to Deloitte & Touche LLP representatives and rejoin a wrap-up general session to comparerecommendations from other task forces and obtain feedback from the CEO and outside advisors. Thehypothetical will emphasize skill sets required to solve “real-time” practical problems while applyingcommonly-used restructuring techniques as well as incorporating “demand side economy” initiatives.

Rick Kash

Sheila Smith

Davis Gaines

SATURDAY, OCTOBER 11, 7:30 P.M. - 9:45 P.M.

Gala Black-tie Dinner with Davis GainesThe fifteenth anniversary celebration will conclude with a gala black-tie dinner. Seating is limited for thisevent. Advance reservations will be accepted on a first-come, first-served basis. Please mark the appro-priate box(es) on the registration form to indicate your attendance at this gala event.

Details about seating at this gala dinner will be sent via blast e-mail 10-15 days prior to the conventionand will also be available in your on-site registration materials.

Broadway star Davis Gaines will be the featured entertainer during dinner. Gaines performed the title role inAndrew Lloyd Webber’s The Phantom of the Opera more than 2,000 times, for over five million people, duringhis run on Broadway and in Los Angeles and San Francisco, where he received the Bay Area Critics’ Awardfor Best Actor. Subsequently, Gaines was chosen by Lloyd Webber and Hal Prince to play the leading role in the world premiere of Whistle Down the Wind in Washington, D.C. His other Broadway and National Tourcredits include Raoul in The Phantom of the Opera, Cornelius Hackl in Hello, Dolly! with Carol Channing, and heperformed in Camelot with Richard Burton. Gaines has sung with virtually every major symphony orchestrain North America, including appearances with the New York Pops at Carnegie Hall. During private engage-ments, Gaines offers a diverse repertoire, including show tunes and jazz numbers.

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General SessionFaculty

(Firm Principals as of August 2003)

AlixPartners LLC

ALTMA Group LLC

Alvarez & Marsal

Aurora Management Partners, Inc.

BBK, Ltd.

The Blackstone Group

Buccino & Associates, Inc.

Cairncross & Hempelmann, P.S.

Carl Marks Consulting Group LLC

Cerberus Capital Management LP

Citigroup

Congress Financial Corporation

Crossroads, LLC

Fleet Retail Group Inc.

Fortress Investments

Fraser Milner Casgrain LLP

FTI Consulting, Inc.

GE Capital

Gerbsman Partners/Technology Recovery Group

Glass & Associates, Inc.

Gordon Brothers Group

Greenhill & Company

2003 TMA FIFTEENTH ANNIVERSARY CONVENTION

FRIDAY, OCTOBER 10, 10:30 A.M. FRIDAY, OCTOBER 10, 10:30 A.M. – 12:00 P.M.

THE FIFTEENTH ANNIVERSARY CONVENTION TURNAROUND MANAGERS ROUNDTABLE

“Crafting Creative Solutions: Finding Time, Cash and Stakeholder Support”

Should turnaround managers advise a management team or replace them as successor executives? Whatare the key skills required to obtain stakeholder support in a difficult turnaround? How have the account-ing scandals of the last several years impacted successfully restructuring businesses? Should companiesthat have committed fraud be able to escape their historical conduct, improve their competitive posture injudicial reorganizations to the detriment of other firms in their industry and be allowed to emerge as “new”companies? Are any vendors ever really “critical” to a company’s successful reorganization? Why shouldturnaround managers be indemnified for negligent conduct when other professionals generally are not?Have distressed claim traders permanently altered the restructuring landscape? Moderated by the CEOof a major lender, this roundtable brings together principals from seven of the best known turnaroundfirms in the business to share their experiences and discuss where the turnaround profession has evolvedfrom — and where it is likely headed in the next decade.

SATURDAY, OCTOBER 11, 8:30 A.M. – 10:00 A.M.

THE FIFTEENTH ANNIVERSARY CONVENTION INVESTMENT BANKING ROUNDTABLE

“Deals and Dealmakers: Perspectives on the 2003 Capital Markets and 2004 Outlook”

What happened to the capital markets over the last year? What deals are attracting capital and what dealsare courting failure from the starting gate? What do you say in the boardroom to directors charged withmaximizing shareholder value in the zone of insolvency, especially in the face of self-interested demandsfrom disparate groups of stakeholders? What is the financial impact of claims trading in the capital mar-kets and on restructuring businesses? How do you deal with the secondary market and vulture claimstraders who are motivated for immediate returns without regard for rehabilitation of the business? Whatare the most successful techniques for fixing capital structures of public companies and larger private com-panies? Do these techniques translate into the middle market? How do you raise capital for a troubledcompany that is burning cash and is shut out of the public commercial paper, junk bond and equity mar-kets? How does troubled company M&A work — what makes for a successful deal as opposed to a failedsale or merger? Are the stand-alone emergences from chapter 11 of companies like Kmart, US Airwaysand Warnaco an anomaly or a harbinger of things to come? What are the prospects for the capital mar-kets in 2004 and beyond? Moderated by a prominent restructuring lawyer, this roundtable brings togeth-er nine principals from Citigroup, Blackstone, Jefferies, Greenhill, Houlihan Lokey, Miller Buckfire,JPMorganChase, Rothschild and Lazard — the MVP’s in the troubled company dealmaking business —for a dynamic session on deals, dealmakers and the “state of the industry.”

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G E N E R A L S E S S I O N S

General SessionFaculty (cont.)

(Firm Principals as of August 2003)

Houlihan Lokey Howard & Zukin

Huron Consulting Group

Jefferies & Company, Inc.

Jones, Day, Reavis & Pogue

JPMorgan Chase & Co.

Kirkland & Ellis

KPMG LLP

Lazard Freres & Co. LLC

Loughlin Meghji + Company

McDermott Will & Emery

Miller Buckfire Lewis Ying

Morris • Anderson & Associates, Ltd.

NachmanHaysBrownstein, Inc.

Otterbourg, Steindler, Houston and Rosen, PC

Pachulski Stang Ziehl Young Jones & Weintraub

Pepper Hamilton LLP

Quarles & Brady LLC

Rothschild, Inc.

Sitrick & Co., Inc.

Skadden, Arps, Slate, Meagher & Flom (Illinois)

SATURDAY, OCTOBER 11, 10:30 A.M. – 12:00 P.M.

THE FIFTEENTH ANNIVERSARY CONVENTION JUDGES AND LAWYERS LEGAL ROUNDTABLE

“The Legal Landscape: Hot Topics and Current Trends in Restructuring andBankruptcy Reorganizations”

How has the legal system held up in the face of the largest restructuring blitz in the modern bankruptcysystem? Is the restructuring capacity that has been created necessary for the years ahead? In the faceof new case filings from Texas to Maryland to Nevada, is the venue debate involving Delaware and theSouthern District of New York dead? What is the state of critical vendor law and what do recent deci-sions portend for companies, customers, employees and vendors going forward? Given a new academicstudy concluding that inflation-adjusted professional fees, charges and disbursements awarded in publiccompany reorganizations have fallen by about 57 percent since the 1980s, what are the current issues inprofessional compensation and how effective have fee examiners and joint fee committees been in recentyears? How have recent accounting scandals affected bankruptcy reorganization cases and how havefraud-ridden cases avoided the appointment of bankruptcy trustees? What does “privileged” or “confi-dential” really mean inside chapter 11? Is Revised UCC Article 9 working for workouts and bankruptcyreorganization cases? What is the likelihood of new bankruptcy legislation in our lifetime and how willit affect business reorganizations? Moderated by a practice leader of one of the principal worldwideturnaround firms, this roundtable brings together four prominent sitting bankruptcy judges and four leading lawyers for an insightful session on the legal landscape in the Americas— with an inter-national “twist.”

SATURDAY, OCTOBER 11, 2:00 P.M. – 3:30 P.M.

THE FIFTEENTH ANNIVERSARY CONVENTION CEO AND INVESTOR ROUNDTABLE

“Managing Complex Change of Control Transactions: Leadership Lessons and Evolving Strategies for Economic Control of Restructured BusinessEnterprise”

How does a chief executive officer chart the course of a complex turnaround? How is bankruptcy bestavoided and shareholder value maximized? How do you navigate through the web of accountants,claims traders, consultants, directors, employees, financial advisors, investment bankers, investors,lawyers, lenders, liquidators, media reporters and analysts, rating agencies and stakeholders to vet andexecute a turnaround strategy? What strategies do old investors employ to maintain their stake in a trou-bled business? How do new investors gain not only a foothold but control of a company “in transition?”Are all troubled companies destined to eventually experience the vortex of a change-of-control transac-tion? What does that mean to current managers and stakeholders — and should it matter? Moderatedby the CEO of one of the best recognized crisis communications firms in the business, this roundtablebrings together chief executive officers, principals of firms investing in troubled companies and thosewho follow them in the national media to share real life leadership lessons and evolving strategies forturning around — and maintaining control of — restructured business enterprises.

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2003 TMA FIFTEENTH ANNIVERSARY CONVENTION

WEDNESDAY, OCTOBER 8, 8:00 A.M. - 5:00 P.M.

ACTP Review Course8:00 a.m. - 10:00 a.m. Management Review

10:00 a.m. - 12:30 p.m. Accounting Review12:30 p.m. - 1:30 p.m. Lunch1:30 p.m. - 5:00 p.m. Law Review

$495/entire review. $200/each session (management, accounting, law)

This review is offered to individuals interested in attaining the Certified TurnaroundProfessional (CTP) designation. The Association of Certified Turnaround Professionals(ACTP) has defined a comprehensive body of knowledge upon which the certification examis based. Please use the form on page 15 of this brochure to register. For more informationregarding certification, please contact Kyle Storjohann, Manager of ACTP Relations, at 1-312-242-6029 or [email protected].

WEDNESDAY, OCTOBER 8, 1:00 P.M. - 5:30 P.M.

PRE-CONVENTION WORKSHOP SERIES

“The Key to Running a Business is Locating, Protecting andGrowing Your Customer’s Profitable Demand”$195/person

Facilitators: Donald B. Bibeault, CTP, Bibeault & Associates Inc. and Carl M. Youngman, CTP,Youngman & Charm

Learn from this master class on how to really do it in the real world. Take home the proventechniques that result in success. What are the seven key factors that make a business viable?What tools and techniques work to identify these factors? How do you protect and differ-entiate them? Once the analysis is done, how do you execute on the solution? Drawing fromtheir 40 years of industry experience each, Don Bibeault, CTP and Carl Youngman, CTP, willanswer these questions as well as teach you the specific tactics, both internal and external, toeffect your success. Points will be illustrated through the use of case studies and lessonslearned in the past four decades of practice management. These lessons learned will work forany company, category, or product.

Space is limited for this unique learning experience. You must be a registered attendee of the 2003Annual Convention to attend this session. Please use the registration form on page 15 of this brochureto sign up for this pre-convention workshop session. TMA reserves the right to cancel the workshopand return all fees in full if a certain number of registrations is not achieved.

THURSDAY, OCTOBER 9, 8:00 A.M. - 6:00 P.M.

CTP Certification ExamThe CTP exam will be held at the Hyatt Regency San Francisco and may only be taken bythose whose applications have already been accepted and approved by the ACTP StandardsCommittee and whose application fee has been received. For more details about the exam, orto request an application and study guide, please contact Kyle Storjohann, Manager of ACTPRelations, at 1-312-242-6029 or [email protected] or visit www.actp.org.

THURSDAY, OCTOBER 9, 12:00 P.M. - 2:00 P.M.

TMA Committee Meetings with LunchCommittee involvement provides an opportunity to impact the benefits and services thatTMA offers to its members. Bring your ideas and suggestions to one of the committee meet-ings, including among others: Conference Planning (oversee education programming);Educational Services (deliver educational programs to members and all industry profession-als); Membership Administration/Services (identify, attract and maintain members);Member Benefits (research new affinity partners); Chapter Relations (local chapter presi-dents and committee chairs for public relations, membership, and administration hold month-ly teleconferences to exchange ideas and best practices); Public Affairs (increase awarenessof TMA and the corporate renewal profession through media, publication and Internet com-munications); International (recommend and develop international structure); Cornerstoneand Contributions (deliver programs offering benefits to sponsors).

Visit the Exhibit HallAnnual convention exhibitors providecritical services to corporate renewalprofessionals. Don’t miss this oppor-tunity to learn how more than fiftyservice providers, including asset-basedlenders, accounts receivable outsourcingprofessionals, appraisers, real-estateconsultants, liquidators and investmentbankers, among others, will benefit yourbusiness. For questions about exhibitingat the 2003 Annual Convention, pleasecontact Joe Karel at 1-312-242-6039 [email protected].

Exhibit Hall HoursFriday, October 10 7:00 a.m. - 8:30 p.m.

Saturday, October 11 7:30 a.m. - 11:00 a.m.

Exhibitor Grand Prize DrawingRegistered attendees (spouses andexhibitors not included) will receive anexhibitor grand prize drawing ticketwith their convention materials. To enterthe drawing, attendees must drop theirticket into the drawing bin located in the exhibit hall. The Exhibitor GrandPrize Drawing will be held on Friday,October 10, during the ExhibitorReception. The reception begins at 6:30 p.m. and the prize drawing will beheld at 8:00 p.m.

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S P E C I A L E V E N T S

THURSDAY, OCTOBER 9, 4:00 P.M. – 5:30 P.M.

ACTP ADVANCED EDUCATION SESSION

“Understanding the Demand Economy: Up Close with Rick Kash,President and Managing Director, the Cambridge Group”$79/person

Certified turnaround practitioners (and other interested Anniversary Convention registrants) are invitedto attend a special educational session devoted to understanding how to approach turnaround assign-ments from the “demand” side rather than the “supply” side of the economy. Leading business author Rick Kash, who will also moderate the TMA Fifteenth Anniversary Convention Hypothetical Exercise, will join ACTP members for an up close and personal session on his new book, The New Law of Supply andDemand: The Revolutionary New Demand Strategy for Fast Growth and Higher Profits, as well as a preview of theTMA Hypothetical Exercise. The session will also include ACTP’s annual business meeting and relatedpresentations.

You must be a registered attendee of the 2003 Annual Convention to attend this session. Please usethe registration form on page 15 of this brochure to sign up for this session.

FRIDAY, OCTOBER 10, 5:45 P.M. – 6:30 P.M.

Professional Women’s Networking Group ReceptionSponsored by Deloitte & Touche LLP

The Professional Women’s Networking Group was formed in 1998 by the Chicago/Midwest chapter of the Turnaround Management Association. In 1999, the group was introduced to the internationalassociation as a vehicle for increasing association membership by encouraging more women to join. Today,the group also serves as an educational and networking forum for professionals in the corporate renewalindustry. This networking cocktail reception is open to all registered attendees of the 2003 AnnualConvention.

For more information about the Professional Women’s Networking Group, contact Faye B. Feinstein at 1-312-715-5069 or [email protected].

ConfirmedExhibitors

AccuVal Associates, Incorporated

American Recovery Group

Asset Solutions Group

Association of Insolvency &Restructuring Advisors

Atlas Partners, LLC

The Atwell Companies

C&R Credit Services, Inc.

Cash Management Solutions

Commercial Credit Counseling Services

Commercial Finance Association

Congress Financial Corporation

DoveBid, Inc.

EMCC, Inc.

Emerald Technology Valuations LLC

GE Corporate Financial Services

GMAC Commercial Finance

The Gordon Company, Inc.

Great American Group

The Hilco Organization

Interfor, Inc.

Jay Cobb & Marley, Inc.

Jefferies & Company, Inc.

Keen Consultants, LLC

Koster Industries, Inc.

Libra Securities, LLC

LiquiTec Industries, Incorporated

Mesirow Financial

Michael Fox International, Inc.

Northern Healthcare Capital, LLC

The Ozer Group

The Nassi Group LLC

Portfolio Recovery Associates, Inc.

Prime Locations LLC

Rabin Worldwide LLC

Receivables OutsourceManagement

RenewalNET LLC

Retail Consulting Services Inc.

SB Capital Group

Textron Financial Asset Based Lending Group

Wells Fargo Business Credit, Inc.

Wells Fargo Foothill

Winternitz, Inc.

W. P. Carey & Co. LLC

Executive DirectorLinda M. Delgadillo, [email protected]

Convention Registration, Substitution, CancellationCatherine [email protected]

Overall Convention, Speakers, Awards Program, Student Paper CompetitionLaura [email protected]

Sponsorship, Exhibit HallJoe Karel

1-312-242-6039

[email protected]

Overall ACTP, ACTP Review and/or ExamKyle [email protected]

PressCecilia Green, APR, [email protected]

MembershipPeggy Grillot

1-312-242-6038

[email protected]

Mail or fax your completed registration form and payment to:Turnaround Management Association100 S. Wacker Drive, Ste. 850Chicago, IL 60606Fax: 1-312-578-8336

Questions?

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San Francisco is a city rich with history. It was first settled at least 15,000 years agoby the Ohlone Indians, who lived in the coastal area between San Francisco Bay andPoint Sur. The region thrived for centuries and was a small settlement before the

Gold Rush of 1849, when people streamed in from around the world. Following the rush,many of the prospectors stayed and by 1870, San Francisco had become the tenth largestcity in the United States. The 1906 earthquake and fire devastated the city, but it rebuiltitself grander than before. In 1933, construction began on the famous Golden Gate Bridge,one of the most ambitious engineering feats of the time. Four years later, the bridge openedto pedestrian traffic and today is still the most famous of the city’s many landmarks.

Civic mindedness, a tolerant spirit and openness have continued to be the characteristicsof people of San Francisco. The heart of the 1960s movement in the Haight-Ashburybrought talents like the Grateful Dead, Jefferson Airplane, Santana and Janis Joplin. Thedot.com industry boomed and busted in the San Francisco area in the 1990s, bringing withit new wealth and diversity of population. Today, new waves of immigrants continue tomake San Francisco a melting pot of cultures, enriching the dining, shopping and site-see-ing experience for tourists.

San Francisco is home to more than 40 state-designated historical landmarks and count-less attractions. Some great starters are shown here in our photo gallery.

Contact the San Francisco Convention and Visitors Bureau at 1-415-227-2619 or www.sfvisitor.org for more information about the San Francisco area.

10

Alcatraz offers a close-up

look at the historic and

infamous federal prison

long off limits to the public.

For more information, visit

www.nps.gov/alcatraz

Fisherman’s Wharf is known for it’s historic water-

front, delicious seafood, spectacular sights and unique

shopping and is located within minutes of the

Maritime Museum, Alcatraz, and the world-famous

cable car lines. The wharf also offers incredible views

of the San Francisco Bay, the Golden Gate Bridge

and the cityscape. For more information, visit

www.fishermanswharf.org.

Golden Gate National Recreation Area is the largest urban national park in the world,containing 74,000 acres of land and water, offering hiking, fishing, horseback riding, dining, walking tours and numerous other options. For more information, visit www.nps.gov/goga

*

*

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Chinatown is one of San Francisco’s most popular destinations, offering authentic Chinese

dining, shopping and recreation. For more information, visit www.sfchinatown.com.

The California Academy of Sciences comprises the Steinhart

Aquarium, Natural History Museum and Morrison Planetarium.

For more information, visit www.calacademy.org.

The Palace of Fine Arts is not only

one of the bay area’s most

spectacular sites, but it also houses

the Exploratorium, a unique,

hands-on museum with more than

650 science, art and human

perception exhibits.

For more information, visit

www.nps.gov/prsf/places/palace.htm

.

Destination San Francisco

Pier 39 is the third most visited attraction in the United States, offering visitors restau-

rants, shopping, entertainment and activities. For more information, visit www.pier39.com.

The Asian Art Museum houses art from more than

40 countries with a strong emphasis on Chinese

ceramics. In March 2003, the museum re-opened in

its new, expanded location at San Francisco’s Civic

Center. For more information, visit www.asianart.org.

* Photos courtesy San Francisco Convention & Visitors Bureau

*

*

*

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2003 TMA FIFTEENTH ANNIVERSARY CONVENTION

Registration FeesUnless otherwise indicated, registration fees include educational sessions, meals and social functions.All registered attendees will receive a name badge at the convention that must be worn for admit-tance into these events. The member registration fee is for current, active TMA members. Please notethat TMA membership is on an individual basis. The nonmember registration fee includes TMAmembership through December 31, 2004. This rate applies to first-time members only. For thejudges/full-time academics/government employees rate, a full-time academic is defined as a studentenrolled for at least 12 credit hours per term at an accredited university or an instructor employedon a full-time basis by an accredited university. All registration fees are indicated on the form on page15. Individuals who register by September 15, 2003, but fail to provide payment, will be chargedthe late registration fee. On-site registration for members, nonmembers, judges, full-timeacademics and government employees only will be subject to an additional $100 fee.

Registration forms must be mailed or faxed to TMA. Phone registration is not accepted.Registrations are not considered complete until payment is received. To ensure inclusion in theregistration list distributed on-site, registration forms must be received at TMA’s international head-quarters office by 5:00 p.m. Central on Tuesday, September 23, 2003. TMA cannot guarantee thatindividuals who submit registration forms after this date will be included in the registration list.

Registered attendees will receive written confirmation of their registration by mail. Please carefullyreview this confirmation notice for accuracy. Changes must be submitted in writing by fax to 1-312-578-8336 or e-mail to Catherine Cram at [email protected].

Spouse/Guest RegistrationSpouse/guest registration fees are for family members, friends and/or non-industry related individuals.TMA members are not eligible for this rate. Spouse/guest registration includes entrance to allmeals, social functions, keynote presentations and the exhibit hall. Spouses/guests will receive a namebadge at the convention that must be worn for admittance into these events. Meals and socialfunctions are not available on a pro-rated basis.

Cancellation PolicyNotification of cancellation must be submitted in writing (e-mail is acceptable). Cancellationswill not be reviewed or processed until they are received in writing. Phone cancellations are notaccepted.

Cancellations received on or before Monday, September 15, 2003, will be refunded as follows:

• Entire Convention Cancellation: Attendee will receive a refund for the total cost of conventionregistration and individual events (if applicable) less a $250 processing fee. If the cancellation alsoincludes cancellation of a spouse/guest and events that s/he registered for, the refund will be for thetotal of all registrations less the $250 processing fee.

• Spouse/Guest Cancellation: Attendee will receive a refund for the total cost of spouse/guestregistration less a $250 processing fee.

• Individual Event(s) with Registration Fees more than $150: Attendee will receive a refund lessa $75 processing fee. If the attendee registered for more than one event meeting these price guide-lines or if the combined price of two or more cancelled events meets these price guidelines, the refund will be for the total amount of the events less a $75 processing fee.

• Individual Event(s) with Registration Fees of $150 or less: Attendee will receive a refund less a $25 processing fee. If the attendee is registered for more than one event meeting these priceguidelines and the total cost is less than $150, the refund will be for the total amount of the eventsless a $25 processing fee.

Cancellations received after Monday, September 15, 2003, will not be refunded. This includes theentire convention registration and/or individual events. Individual events will not be refundedregardless of whether or not the individual still plans to attend the convention. TMA does not issuecredits for future educational events.

ConventionMaterials Sponsors

Convention Materials Sponsorsprovide financial support for

TMA’s international meetings andconferences. In addition to thosesponsors listed in the agenda, thefollowing sponsors have also gener-ously provided support for theTMA 2003 Annual Convention.

• Buccino & Associates, Inc. (conference bags)

• Congress FinancialCorporation (lanyards)

• Trimingham Americas, Inc.(Program Book/CD-Rom)

• Wells Fargo Bank, N.A. (Audio Cassette Tapes)

Attire• Educational Sessions: Business

Casual

• Receptions: Business

• Saturday Dinner: Black-tie

Business Casual/Nice BusinessCasual: For men, includes cottonpants such as khakis, polo-type or button-down collared shirts,sweaters. For women, includes slacks orcotton pants, button-down shirtsor top.

Business (After Five Attire):For men, includes collared, button-down shirts, suit and tie. For women, includes, pants orskirt suits or dresses.

Black Tie: For men, tuxedos. For women, formal gowns.

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G E N E R A L I N F O R M AT I O N

Substitution PolicySubstitutions are permitted at any time. Substitutions must be sub-mitted in writing (e-mail is acceptable). Substitutions will not bereviewed or processed until they are received in writing. If the personsubstituting has a different address, phone number, fax number and/ore-mail address than the original registrant, please provide that informa-tion in the substitution notice. Phone substitutions are not accepted.

Substitution must be of the same membership status. Substitutions foran individual of different membership status will be invoiced for theregistration fee difference. Substitution of an entire convention regis-tration also includes any individual events included on the originalregistration. If the person substituting does not wish to attend one ormore of these events, refunds will be issued in accordance with theTMA cancellation policies.

Registrants who fail to attend the convention and do notnotify TMA in accordance with these policies and dead-lines are responsible for full payment.

Hotel InformationThe Hyatt Regency is located on the San Francisco Bay in the FinancialDistrict and across the street from the Ferry Building. The hotel is partof the dynamic 8-block Embarcadero Center, with numerous shops andrestaurants. The hotel is also convenient to Fisherman’s Wharf,Chinatown, Ghirardelli Square, North Beach and Union Square. Formore information about the Hyatt Regency San Francisco, visitwww.sanfranciscoregency.hyatt.com.

Reserve your room at the Hyatt Regency San Francisco by calling 1-415-788-1234 or 1-800-233-1234. Mention TMA to receive speciallynegotiated room rates of $209 per night single occupancy and $220 pernight double occupancy. These rates are only guaranteed throughSunday, September 7, 2003. TMA cannot guarantee that the roomblock or hotel will not sell out before then. Please make yourreservations soon. The Hyatt Regency San Francisco is located at 5 Embarcadero Center, San Francisco, Calif., 94111.

Due to strong interest in this convention, TMA requires that aconvention registration form (which includes payment) bereceived within ten business days of making a hotel reservation.TMA reserves the right to terminate the hotel reservation of anyindividual who does not comply with this policy.

Drink TicketsEach registered attendee (including guests) of the 2003 AnnualConvention will receive six complimentary drink tickets in their regis-tration materials. These tickets may be used at the cocktail receptionson Thursday, Friday and/or Saturday nights. The tickets are for alcoholonly (includes beer, wine and liquor). Soft drinks and water areavailable at no charge. Please note that these tickets DO NOT includeuse at the Wells Fargo Foothill Dessert Reception, which will have anopen bar.

The bars at the receptions on Thursday, Friday and Saturday nightswill not take cash. Additional drink tickets may be purchased at theTMA registration desk. Tickets will be sold at the TMA registrationdesk in books of six for $40 per book.

Continuing Education Credit• CPAs* and CTPs—up to 10 hours of CPE credit for the convention

program only (additional hours are available for attendance at theACTP Advanced Educational Session, Pre-Convention WorkshopSeries, and/or ACTP Review Course)

• Attorneys—CLE applications are pending

*The Turnaround Management Association is registered with theNational Association of State Boards of Accountancy as a sponsorof continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority

on the acceptance of individual courses for CPE Credit. Complaints regardingsponsors may be addressed to The National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Telephone: 1-615-880-4200. Website: www.nasba.org. There is no prerequisite oradvanced study necessary to attend the 2003 Annual Convention or to qualify forcontinuing education credit.

Ground TransportationThe Hyatt Regency San Francisco is located approximately 14 milesfrom San Francisco International Airport.

Taxicab ServiceTaxicab pick-up is located on the baggage claim level of San FranciscoInternational Airport. Taxicab service is approximately $35-40 eachway (prices will vary depending on time of day and traffic).

Shuttle ServiceLorrie’s Shuttle is available one level up from baggage claim at the SanFrancisco International Airport. The shuttles are easily identifiable bytheir red color and yellow stripes. The cost is $14/person one-way.Advance reservations are not taken TO the Hyatt (from the airport);rather it is first-come, first-served availability. However, for yourreturn trip, you can reserve a shuttle TO the airport at the conciergedesk of the Hyatt Regency San Francisco. For more information,contact Lorrie’s Shuttle at 1-415-334-9000.

Driving from San Francisco International Airport

to the Hyatt Regency San Francisco

Follow signs at the airport to Highway 101 North (to San Francisco).Take Highway 101 North towards the Bay Bridge, but DO NOT geton the Bay Bridge. Exit Highway 101 at 7th Street. Turn left on 7thStreet and follow it to Market Street. Turn right on Market Street.Continue on Market Street for one mile to Drumm Street. Turn left onDrumm Street. The hotel is on the corner of Market and DrummStreets.

ParkingValet parking only is available for $38 each day with unlimited in/outservice.

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S P O N S O R S

Event Sponsors(As of August 2003)

ALTMA Group

AlixPartners, LLC

Atlas Partners, LLC

Back Bay Capital Funding LLC

BBK, Ltd.

Buccino & Associates, Inc.

Carl Marks Capital Advisors LLC

Carl Marks Consulting Group LLC

Cerberus Capital Management, L.P.

Citadel Investment Group

Congress Financial Corporation

Corporate Revitalization Partners, LLC

Crossroads, LLC

Deloitte & Touche LLP

EMCC, Inc.

Executive Sounding Board Associates Inc.

Fleet Capital Corporation

Fleet Retail Group

FTI Consulting, Inc.

GE Corporate Financial ServicesNational Restructuring Group

Getzler Henrich & Associates LLC

Glass & Associates, Inc.

Great American Group

Hilco Capital LP

Huron Consulting Group

Jefferies & Company, Inc.

KBK Financial, Inc.

Morris • Anderson & Associates, Ltd.

NachmanHaysBrownstein, Inc.

The Ozer Group

Piper Rudnick LLP

SB Capital Group

Sitrick and Company

Skadden, Arps, Slate, Meagher & Flom LLP

Trimingham Americas, Inc.

Wells Fargo Bank, N.A.

Wells Fargo Business Credit, Inc.

Wells Fargo Foothill

W. P. Carey & Co. LLC

Cornerstone Capital SponsorGordon Brothers Group

Cornerstone SponsorCIT

Leadership SponsorRealization Services, Inc.Skadden, Arps, Slate, Meagher, & Flom LLP

Sustaining SponsorAndersenBank of America Commercial FinanceBBK, Ltd.DoveBid Valuation ServicesFleet Capital CorporationFleet Retail GroupGlass & Associates, Inc.Morris • Anderson & Associates, Ltd.NachmanHaysBrownstein, Inc.Wells Fargo Business Credit, Inc.

Benefactor SponsorAEG Partners, LLCAlixPartners, LLCAnderson Bauman Tourtellot Vos & Co.Atlas Partners, LLCBack Bay Capital Funding LLCCongress Financial CorporationCorporate Renewal Services, Inc.Deloitte & Touche LLPPrime Locations, LLCThe Scotland Group, Inc.Trimingham Americas, Inc.Wells Fargo Foothill

Patron SponsorAltheimer & GrayAtwell, Curtis & Brooks, Ltd./

University Management Associates & Consultants Corp.

Aurora Management PartnersBear Stearns & Co.The Belet Group, Inc./Belet Acquisitions, Inc.Blank Rome LLPCarl Marks Consulting Group LLC/

Carl Marks Capital Advisors LLCConway MacKenzie & DunleavyExecutive Sounding Board Associates Inc.FINOVA Capital CorporationFTI Consulting, Inc.Horizon Management Inc.JPMorgan Chase & Co.KPMG LLPKronish Lieb Weiner & Hellman LLPThe Nassi Group, LLCPhilip + Company, Inc.Ravin Greenberg PCSchulte Roth & Zabel LLPSSG Capital Advisors, L.P.Wells Fargo Bank, N.A.Wells Fargo Retail Finance

Supporter SponsorAllomet Partners, Ltd.American Express Tax & Business ServicesBeane Associates, Inc.Buccino & Associates, Inc.Cairncross & Hempelmann, P.S.Caledonia Group Inc.Capital Restoration, LLCCitadel Investment GroupThe Daley-Hodkin GroupDickinson Wright PLLCEMCC, Inc.Emerald Technology Valuations LLCErnst & Young Corporate Finance LLCThe Finley GroupFort Dearborn Partners, Inc.Gibson, Dunn & Crutcher LLPGray Cary Ware & FreidenrichGreat American GroupHilco Capital LPHilco Merchant Resources LLCHill & Gertner Capital CorporationJoe Foster Real Estate AdvisorsKBK Financial, Inc.Lain Faulkner & Co.McShane GroupMehmco Financial Services Inc.Miles & Stockbridge P.C.Modesitt Associates, Inc.The Nauset Group, Inc.Northern Healthcare Capital, LLCOzer Valuation ServicesThe Parkland Group, Inc.Phoenix Advisors & Collections, Inc.Phoenix Management Services, Inc.Piper Rudnick LLPProject Executive Group, Inc.ProtivitiRenaissance Partners, L.C.RJ Reuter Business ConsultingRKG Osnos Partners LLCSeth R. Freeman/E M Management, Inc.Sherman, Lavallee & Associates, LLCState Securities PLC (United Kingdom)Sterling Supply Co.Stout Risius Ross, Inc.Strategic Management Partners, Inc.Stutman, Treister & GlattTeamWork Technologies, Inc.Tono-Bungay Consulting, Inc.White Oak GroupWinternitz, Inc.Wiss & Company LLP

Cornerstone Program Sponsors

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2003 TMA ANNUAL CONVENTION ■ October 8 -11Hyatt Regency San Francisco

REGISTRATION FORM

Full Name_________________________________________________________ Goes by (for badge)__________________________

Company _____________________________________________________________________________________________________

Address ______________________________________________________________________________________________________

City, State, Zip ________________________________________________________________________________________________

Phone _________________________________________________ Fax __________________________________________________

E-mail _______________________________________________________________________________________________________

REGISTRATION FEESOn or Before September 15 ■■ $1,095 Member■■ $1,295 Nonmember (includes membership through 12/31/04)■■ $695 Judges/Full-time Academics/Government EmployeesAfter September 15■■ $1,295 Member■■ $1,495 Nonmember (includes membership through 12/31/04)■■ $895 Judges/Full-time Academics/Government Employees

SPOUSE/GUEST REGISTRATION FEES■■ $495 Spouse/Guest

Name, City, State (for name badge)

________________________________________________________________________________________

Limited seating is available for the Gala Black-tie Dinner. Advance reservations will be taken on a first-come,first-served basis. Please mark the appropriate box(es) below. TMA will maintain a waiting list for this event.

■■ I will attend the Black-tie Dinner ■■ I will not attend the Black-tie Dinner

■■ My registered guest(s) will attend the black-tie dinner

Total Number Attending: __________

PAYMENT

■■ Check Enclosed (Payable in U.S. fnds to Turnaround Management Association)

■■ Credit Card ■■ Visa ■■ MasterCard ■■ American Express

Credit Card Number: ______________________________________________________ Exp. Date: ____________

Signature: ________________________________________________________________ TOTAL $ ____________

Registration Fees: Unless otherwise indicated, registration fees include educational sessions, meals and social functions. Sessions requiring additional fees are listed above.The member registration fee is for current, active TMA members. TMA membership is on an individual basis. The nonmember registration fee includes TMA membershipthrough December 31, 2004. This rate applies to first-time members only. On-site registration will be subject to an additional $100 fee. See page 12 for details.Spouse/Guest Registration Fees: Spouse/guest registration fees are for family members, friends and/or non-industry related individuals. TMA members are not eligiblefor this rate. Spouse/guest registration includes entrance to all meals, social functions, keynote presentations and the exhibit hall. Meals and social functions are notavailable on a pro-rated basis.Processing Registrations: Registration forms must be mailed or faxed to TMA. Phone registration is not accepted. Registrations are not considered complete untilpayment is received. Individuals who register by September 15, 2003, but fail to provide payment, will be charged the late registration fee.

Cancellation/Substitution Policy: Please carefully review the Cancellation and Substitution Policies on page 12 and 13 of this brochure.

MAIL/FAX YOUR COMPLETED FORM TO: TMA, 100 S. Wacker Drive, Ste. 850, Chicago, IL 60606, Fax: 1-312-578-8336

YOU MAY ALSO REGISTER ON-LINE AT WWW.TURNAROUND.ORG.

ADDITIONAL EDUCATIONAL SESSIONS■■ $495 Entire ACTP Review Course■■ $200 ACTP Law Review Course Only■■ $200 ACTP Management Review Course Only■■ $200 ACTP Accounting Review Course Only■■ $195 Pre-Convention Workshop—“The Key to

Running a Business is Locating, Protecting andGrowing Your Customer’s Profitable Demand”

■■ $79 ACTP Advanced Education Session

2004 TMA MEMBERSHIP RENEWAL*■■ $275 Regular Member■■ $115 Academic/Government■■ $65 Student* Membership through December 31, 2004

Gala Black-tieDinner

Saturday, October 11

■■ First Time Attendee

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