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EXHIBIT 99.2
THIRD PARAGRAPH UNDER THE CAPTION "LEGAL PROCEEDINGS" BEGINNING ON PAGE 17 OF
THE QUARTERLY REPORT ON FORM 10-Q OF SSBH FOR THE QUARTERLY PERIOD ENDED MARCH
31, 2000 (FILE NO.1-4346).
For information concerning the matter entitled MKP Master Fund, LDC et al. v.
Salomon Smith Barney Inc., see the description that appears in the seventh
paragraph under the caption "Legal Proceedings" beginning on page 11 of the
Annual Report on Form 10-K of SSBH for the year ended December 31, 1999 (File
No. 1-4346), which description is included as Exhibit 99.3 to this Form 10-Q and
incorporated by reference herein. In March 2000, plaintiffs' motion to dismiss
the Company's amended counterclaims was argued, and no decision has been
rendered.
