ADVISORY/$41 Million Settlement to Homeowners for Defective Pipes.

Metro/Assignment Editors

ADVISORY...for Friday (June 29)

--(BUSINESS WIRE)

WHAT:    Nearly 5,000 Santa Clarita Valley homeowners will benefit
         from a $41 million settlement that a state court approved
         today. Their homes were built with defective foreign-made
         galvanized steel pipes. After only a short time in their
         newly built homes, owners began detecting problems such as
         pin hole leaks, brown rusty water, premature pipe corrosion
         and deterioration, stains to plumbing fixtures, restricted
         water flow, and loss of use.

         Quisenberry & Kabateck attorneys brought this case to a
         successful resolution.

WHO:     --Spokespersons are available for comment--
         Brian Kabateck, Quisenberry & Kabateck LLP
         Ron Hartmann, Quisenberry & Kabateck LLP
         John Kelley, homeowner with extensive damage

WHEN:    Friday, June 29

         Please call Samantha Culbert at 323/202-1062 to schedule an
         interview

VISUALS: Geographic outlays of developments
         Water samples and defective pipes

BACKGROUND:

After residents in a community development started sharing similar complaints, it became apparent that there was a problem. This brought forth the class action involving nearly 5,000 households for settlement of $41 million.

Quisenberry & Kabateck LLP is one of the largest law firms in California dedicated exclusively to representing plaintiffs and consumers. Founded in 1988, Q&K has established a national reputation for successfully and tenaciously representing plaintiffs in insurance, bad faith, insurance coverage, products liability, construction defect, catastrophic personal injury, intellectual property, toxic torts, class actions, business torts, employment, entertainment and other consumer cases throughout California. The firm is based in Los Angeles, California. For more information, contact the firm's Web site at www.qklaw.com.