Corporate reform.

Corporate Reform

The Sarbanes-Oxley Act is costing more than headaches for
public companies:

                                              2003           2004

* Audit fees                              $2.6 million   $4.2 million

* Executives who think the reforms are        33%            54%
  a significant expense

* Executives who think the reforms            55%            67%
  are too strict

* Considering going private as a result       13%            21%

Source: Foley & Lardner LLP survey