Oneida Ltd.'s pre-negotiated plan of reorganization was confirmed by the US Bankruptcy Court for the Southern District of New York on August 30, 2006. On September 15, Oneida announced that it had completed its $170 million exit financing and emerged from bankruptcy as a privately held company. Oneida was incorporated in 1880 and is one of the world's largest food service and consumer flatware companies. Oneida filed bankruptcy on March 19, 2006. Under the plan, Oneida's common and preferred stockholders will not receive any distributions and their equity was cancelled as of the plan's effective date. For more information, please visit the following site: http://www.primezone.com/newsroom/news.html?d=105323 Ray