Vote NO on the Takeover Attempt by the Rosenberg Family (or Rosemore)

VASTLY IMPROVED MARKET CONDITIONS have raised the possibility that Crown could return to profitability. This means that the $9.50 price for your Crown shares may be too low. Hundreds of Crown employees who may still own Crown stock, either outright or through 401(k) plans, are encouraged to cast a vote against the Rosenberg family and this inside deal. Crown stock could appreciate in the next several months, and non-insider shareholders will be left out in the cold if the Rosemore takeover proceeds.

The rise in Crown stock will not be due to the management of the Rosenbergs but may occur largely due to rapidly increasing refinery margins. Oil companies are making vast amounts of money, and Crown may be no exception.

Why should you sell your stock to the Rosenbergs for $9.50 per share, when it could be worth much more? A vote for the takeover may be a vote to further enrich the Rosenbergs. Countless current and former Crown employees purchased Crown stock at a much higher price than the $9.50 price offered by the Rosenbergs.

Crown attracted few competitive bids, because it was trying to sell its house in filthy condition. Crown could have settled the labor dispute and cleaned up its environmental problems to attract buyers, but it did the opposite.

Was this by design?

If you are a Crown employee and own stock through your 401(k) plan, please contact T. Rowe Price and inform them that you want to vote NO for the Rosemore takeover. If you own Crown shares outright, please be sure to send in your proxy with a NO vote.

We CAN stop this unfair buyout and at the same time send Crown a message that its problems cannot be solved without cleaning up its house. Vote NO!

The situation is very fluid right now. Please check on the Crownboycott website for the latest information. We will keep you posted.

PACE International Union