UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)
PAXSON COMMUNICATIONS CORPORATION
---------------------------------
(NAME OF ISSUER)
CLASS A COMMON STOCK, PAR VALUE $0.001 PER SHARE
------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
70423110
--------
(CUSIP NUMBER)
LAWRENCE P. TU, EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL,
NATIONAL BROADCASTING COMPANY, INC.
30 ROCKEFELLER PLAZA, NEW YORK, NY 10012,
(212) 664-7024
------------------------------------------------------------
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO
RECEIVE NOTICES AND COMMUNICATIONS)
FEBRUARY 15, 2002
-----------------------------------------------------
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
IF THE FILING PERSON HAS PREVIOUSLY FILED A STATEMENT ON SCHEDULE 13G TO REPORT
THE ACQUISITION WHICH IS THE SUBJECT OF THIS SCHEDULE 13D, AND IS FILING THIS
SCHEDULE BECAUSE OF RULE 13D-1(B)(3) OR (4), CHECK THE FOLLOWING BOX / /.
NOTE: SCHEDULES FILED IN PAPER FORMAT SHALL INCLUDE A SIGNED ORIGINAL AND FIVE
COPIES OF THE SCHEDULE, INCLUDING ALL EXHIBITS. SEE RULE 13D-7(B) FOR OTHER
PARTIES TO WHOM COPIES ARE TO BE SENT.
(CONTINUED ON FOLLOWING PAGES)
CUSIP NO. 70423110
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NBC PALM BEACH INVESTMENT I, INC.
13-4078684
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) [x]
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3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 31,896,032
BENEFICIALLY OWNED BY
EACH ----------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH -0-
-------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
31,896,032
-------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,896,032
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.1%*
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
* Based on 56,568,827 shares of Class A Common Stock outstanding on
October 31, 2002 as reported by the Company in its Quarterly Report on
Form 10-Q filed on November 14, 2002.
CUSIP NO. 70423110
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NBC PALM BEACH INVESTMENT II, INC.
13-4078685
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP* (a)
(b) [x]
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3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 32,032,127
BENEFICIALLY OWNED BY
EACH ----------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH -0-
-------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
32,032,127
-------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,032,127
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[x]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.2%**
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
* Represents shares issuable upon exercise of warrants for 32,032,127 shares
of Class A Common Stock, exercise of which is subject to restrictions.
See Item 5(a) below.
** Based on 56,568,827 shares of Class A Common Stock outstanding on
October 31, 2002 as reported by the Company in its Quarterly Report on
Form 10-Q filed on November 14, 2002.
CUSIP NO. 70423110
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NATIONAL BROADCASTING COMPANY, INC.
14-1682529
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP (a)
(b) [x]
-------------------------------------------------------------------------------
SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES Disclaimed (See 11 Below)
BENEFICIALLY OWNED BY
EACH ----------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH -0-
-------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Disclaimed (See 11 Below)
-------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial Ownership of all Shares Disclaimed by National Broadcasting
Company, Inc.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Not Applicable (See 11 Above)
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14 TYPE OF REPORTING PERSON*
CO
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* NEITHER THE FILING OF THIS SCHEDULE 13D NOR ANY OF ITS CONTENTS SHALL BE
DEEMED TO CONSTITUTE AN ADMISSION THAT NATIONAL BROADCASTING COMPANY, INC.
IS THE BENEFICIAL OWNER OF ANY OF THE CLASS A COMMON STOCK REFERRED TO
HEREIN FOR THE PURPOSES OF SECTION 13(D) OF THE SECURITIES EXCHANGE ACT OF
1934, AS AMENDED, OR FOR ANY OTHER PURPOSE, AND SUCH BENEFICIAL OWNERSHIP
IS EXPRESSLY DISCLAIMED.
CUSIP NO. 70423110
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GENERAL ELECTRIC COMPANY
14-0689340
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) [x]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not Applicable
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
-------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES Disclaimed (See 11 Below)
BENEFICIALLY OWNED BY
EACH ----------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH -0-
-------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Disclaimed (See 11 Below)
-------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial Ownership of all Shares disclaimed by General
Electric Company
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Not Applicable (see 11 above)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 70423110
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NATIONAL BROADCASTING COMPANY HOLDING, INC.
13-3448662
-------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A
GROUP* (a)
(b) [x]
-------------------------------------------------------------------------------
3 SEC USE ONLY
-------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not Applicable
-------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
-------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES Disclaimed (See 11 Below)
BENEFICIALLY OWNED BY
EACH ----------------------------------------------------
REPORTING 8 SHARED VOTING POWER
PERSON
WITH -0-
-------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
Disclaimed (See 11 Below)
-------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial Ownership of all Shares disclaimed by National Broadcasting
Company Holding, Inc.
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Not Applicable (see 11 above)
-------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
-------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
This Schedule 13D/A amends the Schedule 13D filed on September 27,
1999 (the "Schedule 13D"), which relates to shares of Class A Common Stock,
par value $0.001 per share, of Paxson Communications Corporation, a Delaware
corporation. Capitalized terms used herein but not defined shall have the
meaning attributed to them in the Schedule 13D.
Item 2. Identity and Background.
Paragraph 5 of Item 2 is amended and restated in its entirety as
follows:
"As of the date hereof, the name, business address, principal
occupation or employment, and citizenship of each director and executive
officer of NBC Palm Beach Investment I, NBC Palm Beach Investment II, NBC and
GE, are set forth on Schedules A, B, C and D respectively, attached hereto."
ITEM 4. Purpose of Transaction.
Paragraph 6 of Item 4 is amended and restated in its entirety as
follows:
"Pursuant to the Investment Agreement between NBC and the Company,
NBC Palm Beach Investment II acquired a warrant to purchase up to 13,065,507
shares of Class A Common Stock ("Warrant A") and a warrant to purchase up to
18,966,620 shares of Class A Common Stock ("Warrant B", and together with
Warrant A, the "Warrants"). The Warrants may be exercised at the option of NBC
any time after September 15, 1999 through September 15, 2009, except as
otherwise provided in the Warrants and in the Investment Agreement. Warrant B
provides that, after February 1, 2002, it is not exercisable to the extent
that, after giving effect to such exercise, Mr. Paxson or any of his
affiliates (including members of his family) would not hold or have the right
to vote more than fifty percent (50%) of the total voting power of all
outstanding voting stock and voting capital stock equivalents of the Company,
unless Warrant B ix exercised for the full number of warrant shares issuable
thereunder and concurrently with such exercise NBC or its permitted assignee
has exercised its rights under the Call Agreement (described below) with
respect to all of the Call Shares (as defined in the Call Agreement). This
description of the Warrants is not complete and is subject to the terms of the
Warrants and the Investment Agreements which are attached as Exhibits 8, 9 and
2, respectively."
ITEM 5. Interest in Securities of the Issuer.
The last sentence of the first paragraph of Item 5(a) is amended
and restated in its entirety as follows:
"Upon conversion of the 8% Series B Convertible Exchangeable
Preferred Stock and exercise of the Warrants, in each case in their entirety,
NBC and its affiliates will have beneficial ownership of 54.5% of the
outstanding Class A Common Stock of the Company. The right to acquire such
shares of Class A Common Stock upon such conversion and exercise, although
currently exercisable, is subject to material conditions, including, without
limitation, those contained in the Investment Agreement, the Stockholders
Agreement, the Warrants and the Call Agreement, and in the Communications Act
and the rules and regulations of the FCC promulgated thereunder."
SIGNATURES
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
GENERAL ELECTRIC COMPANY
By: /s/ Eliza W. Fraser
Name: Eliza W. Fraser
Title: Attorney-in-Fact
NATIONAL BROADCASTING COMPANY HOLDING, INC.
By: /s/ Elizabeth A. Newell
Name: Elizabeth A. Newell
Title: Vice President
NATIONAL BROADCASTING COMPANY, INC.
By: /s/ Elizabeth A. Newell
Name: Elizabeth A. Newell
Title: Vice President
NBC PALM BEACH INVESTMENT I, INC.
By: /s/ Elizabeth A. Newell
Name: Elizabeth A. Newell
Title: Vice President
NBC PALM BEACH INVESTMENT II, INC.
By: /s/ Elizabeth A. Newell
Name: Elizabeth A. Newell
Title: Vice President
Dated: February 14, 2003
SCHEDULE A
NBC PALM BEACH INVESTMENT I, INC.
DIRECTORS
PRESENT
NAME BUSINESS ADDRESS PRINCIPAL OCCUPATION
---- ---------------- --------------------
Randel A. Falco National Broadcasting Company, Inc. Executive Vice President, National
30 Rockefeller Plaza Broadcasting Company, Inc.
New York, NY 10112
Jay W. Ireland III National Broadcasting Company, Inc. Executive Vice President, National
30 Rockefeller Plaza Broadcasting Company, Inc.
New York, NY 10112
Mark Vachon National Broadcasting Company, Inc. Treasurer, National Broadcasting
30 Rockefeller Plaza Company, Inc.
New York, NY 10112
Robert C. Wright National Broadcasting Company,Inc. Vice Chairman of the Board and Executive
30 Rockefeller Plaza Officer,
New York, NY 10112 General Electric Company;
Chairman & Chief Executive Officer,
National Broadcasting Company, Inc.
Citizenship:
------------
U.S.A.
NBC PALM BEACH INVESTMENT I, INC.
OFFICERS
Robert C. Wright National Broadcasting Company, Inc. President
30 Rockefeller Plaza
New York, NY 10112
Randel A. Falco National Broadcasting Company, Inc. Vice President
30 Rockefeller Plaza
New York, NY 10112
Jay A. Ireland National Broadcasting Company, Inc. Vice President
30 Rockefeller Plaza
New York, NY 10112
Mark Vachon National Broadcasting Company, Inc. Treasurer
30 Rockefeller Plaza
New York, NY 10112
Todd Davis National Broadcasting Company, Inc. Assistant Treasurer
30 Rockefeller Plaza
New York, NY 10112
Brian O'Leary National Broadcasting Company, Inc. Assistant Treasurer
30 Rockefeller Plaza
New York, NY 10112
Lawrence P. Tu National Broadcasting Company, Inc. Secretary
30 Rockefeller Plaza
New York, NY 10112
William LeBeau National Broadcasting Company, Inc. Assistant Secretary
30 Rockefeller Plaza
New York, NY 10112
Elizabeth Newell National Broadcasting Company, Inc. Assistant Secretary
30 Rockefeller Plaza
New York, NY 10112
SCHEDULE B
NBC PALM BEACH INVESTMENT II, INC.
DIRECTORS
PRESENT
NAME BUSINESS ADDRESS PRINCIPAL OCCUPATION
---- ---------------- --------------------
Randel A. Falco National Broadcasting Company, Inc. Executive Vice President, National
30 Rockefeller Plaza Broadcasting Company, Inc.
New York, NY 10112
Jay W. Ireland III National Broadcasting Company, Inc. Executive Vice President, National
30 Rockefeller Plaza Broadcasting Company, Inc.
New York, NY 10112
Mark Vachon National Broadcasting Company, Inc. Treasurer, National Broadcasting
30 Rockefeller Plaza Company, Inc.
New York, NY 10112
Robert C. Wright National Broadcasting Company,Inc. Vice Chairman of the Board and Executive
30 Rockefeller Plaza Officer,
New York, NY 10112 General Electric Company;
Chairman & Chief Executive Officer,
National Broadcasting Company, Inc.
Citizenship:
------------
U.S.A.
NBC PALM BEACH INVESTMENT II, INC.
OFFICERS
Robert C. Wright National Broadcasting Company, Inc. President
30 Rockefeller Plaza
New York, NY 10112
Randel A. Falco National Broadcasting Company, Inc. Vice President
30 Rockefeller Plaza
New York, NY 10112
Jay A. Ireland National Broadcasting Company, Inc. Vice President
30 Rockefeller Plaza
New York, NY 10112
Mark Vachon National Broadcasting Company, Inc. Treasurer
30 Rockefeller Plaza
New York, NY 10112
Todd Davis National Broadcasting Company, Inc. Assistant Treasurer
30 Rockefeller Plaza
New York, NY 10112
Brian O'Leary National Broadcasting Company, Inc. Assistant Treasurer
30 Rockefeller Plaza
New York, NY 10112
Lawrence P. Tu National Broadcasting Company, Inc. Secretary
30 Rockefeller Plaza
New York, NY 10112
William LeBeau National Broadcasting Company, Inc. Assistant Secretary
30 Rockefeller Plaza
New York, NY 10112
Elizabeth Newell National Broadcasting Company, Inc. Assistant Secretary
30 Rockefeller Plaza
New York, NY 10112
SCHEDULE C
NATIONAL BROADCASTING COMPANY, INC.
DIRECTORS
PRESENT
NAME BUSINESS ADDRESS PRINCIPAL OCCUPATION
---- ---------------- --------------------
J.I. Cash, Jr. Harvard Business School Professor of Business
Morgan Hall Administration-Graduate
Soldiers Field Road School of Business
Boston, MA 02163 Administration, Harvard University
Dennis D. Dammerman General Electric Company Vice Chairman of the Board and
3135 Easton Turnpike Executive Officer, General Electric
Fairfield, CT 06431 Company;
Chairman, General Electric Capital
Services, Inc.
A.M. Fudge General Electric Company Former Executive Vice
3135 Easton Turnpike President, Kraft Foods, Inc.
Fairfield, CT 06431
Jeffrey R. Immelt General Electric Company Chairman of the Board and Chief
3135 Easton Turnpike Executive Officer, General Electric
Fairfield, CT 06431 Company
A. Jung Avon Products Chairman and Chief Executive Officer,
1345 Avenue of the Americas Avon Products, Inc.
New York, NY 10105
A.G. Lafley The Proctor & Gamble Company Chairman of the Board, President and
1 Proctor & Gamble Plaza Chief Executive Officer, The
Cincinnati, OH 45202-3315 Proctor & Gamble Company
K.G. Langone Invemed Associates, Inc. Chairman, President and
375 Park Avenue Chief Executive Officer,
New York, NY 10152 Invermed Associates, Inc.
R.S. Larsen Johnson & Johnson Former Chairman and Chief Executive
100 Albany Street Officer
Suite 200
New Brunswick, NJ 08901
R.B. Lazarus Ogilvy & Mather Worldwide Chairman and Chief
309 West 49th Street Executive Officer
New York, NY 10019-7316
S. Nunn King & Spalding Partner, King & Spalding
191 Peachtree Stsreet, N.E.
Atlanta, Georgia 30303
R.S. Penske Penske Corporation Chairman of the Board
2555 Telegraph Road and President,
Bloomfield Hills, MI Penski Corporation
48302-0954
G. L. Rogers General Electric Company Vice Chairman of the Board and
3135 Easton Turnpike Executive Officer, General Electric
Fairfield, CT 06431 Company
A.C. Sigler Champion International Retired Chairman of the
Corporation Board and CEO and
1 Champion Plaza Former Director,
Stamford, CT 06921 Champion International
Corporation
R.J. Swieringa S.C. Johnson Graduate School Anne and Elmer Lindseth Dean and
Cornell University Professor of Accounting
207 Sage Hall
Ithaca, NY 14853-6201
D.A. Warner III J.P. Morgan Chase & Co., Retired Chairman of the
The Chase Manhattan Bank and Board
Morgan Guaranty Trust Co. of New York
345 Park Avenue
New York, NY 10154
Robert C. Wright National Broadcasting Company,Inc. Vice Chairman of the Board and
30 Rockefeller Plaza Executive Officer, General Electric
New York, NY 10112 Company;
Chairman & Chief Executive Officer,
National Broadcasting Company, Inc.
Citizenship:
------------
A. Jung Canada
All Others U.S.A.
NATIONAL BROADCASTING COMPANY, INC
EXECUTIVE OFFICERS
NAME PRESENT BUSINESS ADDRESS PRINCIPAL OCCUPATION
---- ------------------------ --------------------
J.R. Immelt General Electric Company Chairman of the Board and
3135 Easton Turnpike Chief Executive Officer
Fairfield, CT 06431
R. C. Wright National Broadcasting Company, Inc. Vice Chairman of the Board
30 Rockefeller Plaza and Executive Officer,
New York, NY 10112 General Electric Company;
Chairman and Chief
Executive Officer, National
Broadcasting Company, Inc.
B. W. Heineman, Jr. General Electric Company Senior Vice President -
3135 Easton Turnpike General Counsel and
Fairfield, CT 06431 Secretary General Electric
Company
M. Vachon National Broadcasting Company, Inc. Executive Vice President/
30 Rockefeller Plaza Chief Financial Officer/
New York, NY 10112 Treasurer
W. L. Bolster National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
R. B. Burgess National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
R. Cotton National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
D. Ebersol National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
J. W. Eck National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
R. A. Falco National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
J. W. Ireland III National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
S. Sassa National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
N. Shapiro National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
P. Thomas-Graham National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
L. Tu National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
E. Whelley National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
D. Zaslav National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
J. Zucker National Broadcasting Company, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
Citizenship: U.S.A
------------
SCHEDULE D
GENERAL ELECTRIC COMPANY
DIRECTORS
NAME PRESENT BUSINESS ADDRESS PRINCIPAL OCCUPATION
---- ------------------------ --------------------
J.I. Cash, Jr. Harvard Business School Professor of Business
Morgan Hall Administration-Graduate
Soldiers Field Road School of Business
Boston, MA 02163 Administration, Harvard University
Dennis D. Dammerman General Electric Company Vice Chairman of the Board and
3135 Easton Turnpike Executive Officer, General Electric
Fairfield, CT 06431 Company;
Chairman, General Electric Capital
Services, Inc.
A.M. Fudge General Electric Company Former Executive Vice
3135 Easton Turnpike President, Kraft Foods, Inc.
Fairfield, CT 06431
C.X. Gonzalez Kimberly-Clark de Mexico, Chairman of the Board and Chief
S.A. de C.V. Executive Officer, Kimberly-Clark de
Jose Luis Lagrange 103, Mexico, S.A. de C.V.
Tercero Piso
Colonia Los Morales
Mexico, D.F. 11501, Mexico
Jeffrey R. Immelt General Electric Company Chairman of the Board and Chief
3135 Easton Turnpike Executive Officer, General Electric
Fairfield, CT 06431 Company
A. Jung Avon Products Chairman and Chief Executive Officer,
1345 Avenue of the Americas Avon Products, Inc.
New York, NY 10105
A.G. Lafley The Proctor & Gamble Company Chairman of the Board, President and
1 Proctor & Gamble Plaza Chief Executive Officer, The
Cincinnati, OH 45202-3315 Proctor & Gamble Company
K.G. Langone Invemed Associates, Inc. Chairman, President and
375 Park Avenue Chief Executive Officer,
New York, NY 10152 Invermed Associates, Inc.
R.S. Larsen Johnson & Johnson Former Chairman and Chief Executive
100 Albany Street Officer
Suite 200
New Brunswick, NJ 08901
R.B. Lazarus Ogilvy & Mather Worldwide Chairman and Chief
309 West 49th Street Executive Officer
New York, NY 10019-7316
S. Nunn King & Spalding Partner, King & Spalding
191 Peachtree Stsreet, N.E.
Atlanta, Georgia 30303
R.S. Penske Penske Corporation Chairman of the Board
2555 Telegraph Road and President,
Bloomfield Hills, MI Penski Corporation
48302-0954
G. L. Rogers General Electric Company Vice Chairman of the Board and
3135 Easton Turnpike Executive Officer, General Electric
Fairfield, CT 06431 Company
A.C. Sigler Champion International Retired Chairman of the
Corporation Board and CEO and
1 Champion Plaza Former Director,
Stamford, CT 06921 Champion International
Corporation
R.J. Swieringa S.C. Johnson Graduate School Anne and Elmer Lindseth Dean and
Cornell University Professor of Accounting
207 Sage Hall
Ithaca, NY 14853-6201
D.A. Warner III J.P. Morgan Chase & Co., Retired Chairman of the
The Chase Manhattan Bank and Board
Morgan Guaranty Trust Co. of New York
345 Park Avenue
New York, NY 10154
Robert C. Wright National Broadcasting Company,Inc. Vice Chairman of the Board and
30 Rockefeller Plaza Executive Officer, General Electric
New York, NY 10112 Company;
Chairman & Chief Executive Officer,
National Broadcasting Company, Inc.
Citizenship:
------------
C.X. Gonzalez Mexico
A. Jung Canada
All Others U.S.A.
GENERAL ELECTRIC COMPANY
EXECUTIVE OFFICERS
NAME PRESENT BUSINESS ADDRESS PRINCIPAL OCCUPATION
---- ------------------------ --------------------
J.R. Immelt General Electric Company Chairman of the Board and Chief
3135 Easton Turnpike Executive Officer
Fairfield, CT 06431
P.D. Ameen General Electric Company Vice President and Controller
3135 Easton Turnpike
Fairfield, CT 06431
C.T. Begley General Electric Company Vice President - GE Transportation
2901 East Lake Road Systems
Erie, PA 16531
D.C. Calhoun General Electric Company Senior Vice President
1 Neumann Way GE Aircraft Engines
Cincinnati, OH 05215
J.P. Campbell General Electric Company Senior Vice President
Appliance Park GE Consumer Products
Louisville, KY 40225
W.J. Conaty General Electric Company Senior Vice President
3135 Easton Turnpike Human Resources
Fairfield, CT 06431
D.D. Dammerman General Electric Company Vice Chairman of the Board and
3135 Easton Turnpike Executive Officer.
Fairfield, CT 06431 General Electric Company;
Chairman, General Electric Capital
Services, Inc.
S.C. Donnelly General Electric Company Senior Vice President
One Research Circle Corporate Research and
Niskayuna 12309 Development
M.D. Fraizer General Electric Company Senior Vice President
6620 W. Broad Street GE Insurance
Richmond, VA 23230
Y. Fujimori General Electric Company Senior Vice President
21 Mita 1-chome GE Asia
Meguro-ku 3rd Floor Alto
Tokyo, Japan 153-0062
A.H. Harper General Electric Company Senior Vice President
260 Long Ridge Road GE Equipment Management
Stamford, CT 06927
B.W. Heinemann, Jr. General Electric Company Senior Vice President
3135 Easton Turnpike General Counsel and
Fairfield, CT 06431 Secretary
J.M. Hogan General Electric Company Senior Vice President
P.O. Box 414 GE Medical Systems
Milwauke, WI 53201
R.A. Jeffe General Electric Company Senior Vice President
3135 Easton Turnpike Corporate Business
Fairfield, CT 06431 Development
J. Krenicki, Jr. General Electric Company Senior Vice President
1 Plastics Avenue GE Plastics
Pittsfield, MA 01201
M.A. Neal General Electric Company Senior Vice President
260 Long Ridge Road GE Commercial Finance
Stamford, CT 06927
D.R. Nissen General Electric Company Senior Vice President
201 High Ridge Road GE Consumer Finance
Stamford, CT 06905-3417
J.A. Park General Electric Company Senior Vice President
260 Long Ridge Road General Electric Company, Vice
Stamford, CT 06927 Chairman, GE Capital Corporation
R.R. Pressman General Electric Company Senior Vice President
5200 Metcalf Avenue Employers Reinsurance Corporation
Overland Park, KS 66201
G.M. Reiner General Electric Company Senior Vice President
3135 Easton Turnpike Chief Information Officer
Fairfield, CT 06431
J.G. Rice General Electric Company Senior Vice President
4200 Wildwood Parkway GE Power Systems
Atlanta, GA 30339
G. L. Rogers General Electric Company Vice Chairman of the Board and
3135 Easton Turnpike Executive Officer
Fairfield, CT 06431
K.S. Sherin General Electric Company Senior Vice President
3135 Easton Turnpike Finance and Chief Financial Officer
Fairfield, CT 06431
L.G. Trotter General Electric Company Senior Vice President
41 Woodford Avenue GE Industrial Systems
Plainville, CT 06062
W. A. Woodburn General Electric Company Senior Vice President
187 Danbury Road GE Speciality Materials
Wilton, CT 06897
Robert C. Wright National Broadcasting Company,Inc. Vice Chairman of the Board and
30 Rockefeller Plaza Executive Officer,
New York, NY 10112 General Electric Company;
Chairman & Chief Executive Officer,
National Broadcasting Company, Inc.
Citizenship:
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Yoshiaki Fujimori Japan
All Others U.S.A.