Earl Scheib Withdraws from AMEX Listing, Terminates SEC Reporting

Earl Scheib has been granted permission by the Securities and Exchange Commission (SEC) to withdraw its capital stock from trading on the American Stock Exchange (AMEX). The company filed a certification and notice on Form 15 with the SEC in order to terminate registration of its capital stock and suspend the filing of current and periodic reports. April 6 was the last day on which the Capital Stock traded on the AMEX.

SHERMAN OAKS, CA — Earl Scheib has been granted permission by the Securities and Exchange Commission (SEC) to withdraw its capital stock from trading on the American Stock Exchange (AMEX). The company filed a certification and notice on Form 15 with the SEC in order to terminate registration of its capital stock and suspend the filing of current and periodic reports. April 6 was the last day on which the Capital Stock traded on the AMEX.

Upon the filing of the Form 15, Earl Scheib, Inc.’s obligation to file certain reports and forms with the SEC, including Forms 10-K, 10-Q and 8-K will cease immediately. The company intends, however, to continue to provide annual and quarterly reports to its stockholders.

The company expects its deregistration to become effective within ninety days of the filing of Form 15 with the SEC. The company has not applied for listing of the Capital Stock on any other exchange.

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