ValueAct raises stake to 6.4%  1.16.08

13D-G filings

• EDGAR

• Woodbridge   13D.A1 71.0%  5.13.08
• ValueAct       13D.A4  4.7%  3.18.08
• UBS AG         13G       6.36%  2.13.08
• Credit Suisse  13D.A2  9.7%  1.30.08
• Credit Suisse  13D.A1  7.1%  12.20.07
• ValueAct       13D.A3  6.2%  11.07.07

Shamrock nominees added to board

• Press release  4.17.08

13D-G filings

• EDGAR

• Shamrock  13D.A13  <5%  4.18.08
• Shamrock  13D.A12 16.69%  3.07.08
• Thornburg  13G.A3  10.90%  2.29.08
• Shamrock  13D.A11 15.57%  2.25.08
• Shamrock  13D.A10 14.38%  2.15.08
• Ameriprise  13G        5.55%  2.13.08
• Shamrock  13D.A9   13.23%  2.12.08
• Noonday   13D.A2   11.2%  2.11.08
• JPMorgan  13G         5.6%  2.05.08
• Shamrock  13D.A8   12.12%  2.05.08
• Shamrock  13D.A7    8.33%  1.17.08
• Wachovia   13G.A2   4.56%  1.11.08
• Shamrock   13D.A6   7.02%  10.12.07
• Noonday    13D.A1   9.9%  9.11.07
• Thornburg  13G.A1   7.65%  4.19.07

News

13D-G filings

• EDGAR

• Capital Research  13G.A1    5.5%  5.09.08
• Eminence           13G.A1    6.9%  2.14.08
• AIM                   13G.A3  11.72%  2.13.08
• Putnam              13G        3.1%  2.01.08
• Capital Research  13G.A5    0.0%  1.11.08
• Capital Research  13G       10.7%  1.10.08
• Capital Research  13G.A4    0.0%  1.10.08
• Fidelity               13G       10.216%  1.10.08
• Invesco              13G.A2   10.14%  11.09.07
• Eminence            13G         5.5%  8.06.07

News

Steel Partners withdraws it's nominations in lieu of unit sale

• Settlement agreement  3.30.08

Steel Partners seeks three board seats

• Press release  1.08.08

• Believes company is significantly undervalued
• Surprised by recent bylaw amendment that advanced deadline for director nominations
• Nomination notice
• Joint filing
• Nominee agreement

• Rowan response  1.08.08

Developments

• Company adopts change in control agreements  12.21.07

• Form 8-K    Agreement   Agreement

• Company amends advance notice requirements  12.03.07

• Therefore, for the Companys 2008 Annual Meeting of Stockholders, under the amended Bylaws, the nomination and proposal deadline is 1.09.08
• Form 8-K    Amended by-laws

13D-G filings

• EDGAR

• State Street         13G       5.78%  5.05.08
• Neuberger Berman  13G.A1 10.403%  4.10.08
• Steel Partners II    13D.A6  9.4%  4.01.08
• Neuberger Berman  13G      8.876%  2.12.08
• Steel Partners II    13D.A5  9.1%  1.09.08
• Steel Partners II    13D.A4  9.1%  1.02.08
• Steel Partners II    13D.A3  8.9%  12.11.07

News

13D-G filings

• EDGAR

• Atlantic              13D      5.0%  2.25.08
• Lord Abbett        13G.A2  5.08%  2.14.08
• Capital Research  13G.A3  0.0%  2.13.08
• Atlantic              13D.A2  4.9%  4.20.07

News

Accipiter seeks three board seats  10.03.07

• Nomination notice
• Solicitation agreement
• Indemnification agreement
• Indemnification agreement
• Indemnification agreement

Accipiter seeks two board seats  8.30.07

• Letter to board
• Nomination notice
• Solicitation agreement
• Indemnification agreement

Proxy statements

• Activist preliminary  12.21.07

13D-G filings

• EDGAR

• Stadium      13G      11.4%  4.02.08 
• Coliseum     13D        6.8%  4.01.08
• Fidelity       13G.A3  14.933%  2.14.08
• Epoch         13G.A2   0.0%  2.14.08
• Accipiter     13D.A8  14.96%  1.28.08
• Coliseum     13G.A1   6.8%  1.23.08
• Coliseum     13G        6.1%  12.07.07
• Accipiter   13D.A7  14.99%  10.04.07
• Stadium      13D       11.4%  9.24.07
• Accipiter     13D.A6  14.99%  8.31.07
• Fidelity       13G.A2  14.97%  2.14.07

News  June 30 FYE

Activist Shareholders