-----------------------------
OMB APPROVAL
-----------------------------
OMB Number: 3235-0145
Expires: November 30, 1999
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-----------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 1)1
Spiros Development Corporation II, Inc.
(Name of Issuer)
Callable Common Stock, par value $0.001 per share
(Title of Class of Securities)
848936100
(CUSIP Number)
Mark C. Wehrly
Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
(415) 421-2132
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 20, 2000
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Note. Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See Rule
13d-7(b) for other parties to whom copies are to be sent.
(Continued on following pages)
Page 1 of 27 Pages
- -----------------
1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Partners, L.P.
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, is a beneficial
owner only of the securities reported by it on this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 259,200
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
259,200
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
259,200
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.1 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
PN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 0f 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners, L.P.
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, is a beneficial
owner only of the securities reported by it on this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 249,100
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
249,100
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
249,100
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.9 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
PN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners II, L.P.
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, is a beneficial
owner only of the securities reported by it on this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 127,200
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
127,200
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
127,200
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
PN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Institutional Partners III, L.P.
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, is a beneficial
owner only of the securities reported by it on this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 214,800
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
214,800
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
214,800
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.4 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
PN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tinicum Partners, L.P.
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, is a beneficial
owner only of the securities reported by it on this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 21,900
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
21,900
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,900
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
PN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Management, L.L.C.
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 502,200
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
502,200
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
502,200
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.9 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IA, OO
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Partners, L.L.C.
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 872,200
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
872,200
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
872,200
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.8 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
00
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Enrique H. Boilini
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Argentina
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David I. Cohen
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
South Africa
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph F. Downes
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 11 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Duhamel
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 12 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Fleur E. Fairman
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 872,200
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
872,200
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
872,200
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.8 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 13 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Jason M. Fish
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 14 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Andrew B. Fremder
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 15 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Richard B. Fried
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 16 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Mellin
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 17 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stephen L. Millham
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 18 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Meridee A. Moore
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 19 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas F. Steyer
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 20 of 27
<PAGE>
13D
===============================
CUSIP No. 848936100
===============================
- ---------=======================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mark C. Wehrly
- ---------=======================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ X ]**
** The reporting persons making this filing hold an aggregate of
1,374,400, which is 21.7% of the class of securities.
The reporting person on this cover page, however, may be
deemed a beneficial owner only of the securities reported by it on
this cover page.
- ---------=======================================================================
3 SEC USE ONLY
- ---------=======================================================================
4 SOURCE OF FUNDS*
N/A
- ---------=======================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) [ ]
- ---------=======================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
================------==========================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
------=========================================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,374,400
------=========================================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
------==========================================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,374,400
- ---------=======================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,374,400
- ---------=======================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- ---------=======================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.7 %
- ---------=======================================================================
14 TYPE OF REPORTING PERSON*
IN
- ---------=======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 21 of 27
<PAGE>
This Amendment No. 1 to Schedule 13D amends the Schedule 13D initially
filed on January 11, 2000 (collectively, with all amendments thereto, the
"Schedule 13D").
Item 4. Purpose Of The Transaction.
Item 4 of the Schedule 13D is supplemented and updated as follows:
Dura Pharmaceuticals, Inc. ("Dura"), Starfish Acquisition Corp.
("Starfish") and the Company entered into an Agreement and Plan of Merger dated
as of March 20, 2000 (the "Merger Agreement") providing for the merger of
Starfish with and into the Company on a date not earlier than June 18, 2000 (the
"Merger"), pursuant to the terms and conditions of the Merger Agreement. For a
copy of the Merger Agreement, see Exhibit 2.1 to the Form 8-K filed by the
Company on March 21, 2000.
In conjunction with the execution of the Merger Agreement, Dura, Starfish,
the Company and certain of the Reporting Persons entered into a Voting Agreement
dated as of March 20, 2000 (the "Voting Agreement") pursuant to which and
subject to the terms and conditions of the Voting Agreement the Reporting
Persons agreed, among other things, (i) to vote their Shares in favor of the
adoption of the Merger Agreement, (ii) not to undertake certain actions in
opposition to the Merger, and (iii) not to voluntarily transfer, sell, offer,
assign, pledge or otherwise dispose of or encumber any Shares. The Voting
Agreement and all of the parties' obligations contained in the Voting Agreement
terminate on the earlier of September 30, 2000 and the occurrence of certain
events specified in the Voting Agreement. This summary of the Voting Agreement
is qualified in its entirety by the text of the Voting Agreement. For a copy of
the Voting Agreement, see Exhibit 10.1 to the Form 8-K filed by the Company on
March 21, 2000, which exhibit is incorporated herein.
Page 22 of 27
<PAGE>
Item 5. Interest In Securities Of The Issuer.
Item 5 of the Schedule 13D is amended and restated in its entirety as
follows:
(a) The Partnerships
(a),(b) The information set forth in Rows 7 through 13 of the cover
page hereto for each Partnership is incorporated herein by
reference for each such Partnership. The percentage amount set
forth in Row 13 for all cover pages filed herewith as well as
Footnote Two hereto is calculated based upon the 6,325,000 Shares
outstanding as of November 1, 1999 as reported by the Company in
its Quarterly Report on Form 10-Q for the period ended September
30, 1999 filed with the Securities and Exchange Commission on
November 15, 1999.
(c) There have been no transactions in the Shares since the filing of
the prior Schedule 13D.
(d) The General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the
sale of the Shares. The Individual Reporting Persons are managing
members of the General Partner.
(e) Not applicable.
(b) The Management Company
(a),(b) The information set forth in Rows 7 through 13 of the cover
page hereto for the Management Company is incorporated herein by
reference.
(c) There have been no transactions in the Shares since the filing of
the prior Schedule 13D.
(d) The Management Company, as an investment adviser, has the power
to direct the disposition of the proceeds of the sale of the
Shares held by the Managed Accounts. The Individual Reporting
Persons other than Fairman are managing members of the Management
Company.
(e) Not applicable.
(c) The General Partner
(a),(b) The information set forth in Rows 7 through 13 of the cover
page hereto for the General Partner is incorporated herein by
reference.
(c) None.
Page 23 of 27
<PAGE>
(d) The General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the
sale of the Shares. The Individual Reporting Persons are managing
members of the General Partner.
(e) Not applicable.
(d) The Individual Reporting Persons
(a),(b) The information set forth in Rows 7 through 13 of the cover
page hereto for each Individual Reporting Person is incorporated
herein by reference for each such Individual Reporting Person.
(c) None.
(d) The General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the
sale of the Shares. The Management Company, as an investment
adviser, has the power to direct the disposition of the proceeds
of the sale of the Shares held by the Managed Accounts. The
Individual Reporting Persons are managing members of the General
Partner. The Individual Reporting Persons other than Fairman are
managing members of the Management Company.
(e) Not applicable.
The Shares reported hereby for the Partnerships are owned directly by the
Partnerships and those reported by the Management Company on behalf of the
Managed Accounts are owned directly by the Managed Accounts. The General
Partner, as general partner to the Partnerships, may be deemed to be the
beneficial owner of all such Shares owned by the Partnerships. The Management
Company, as investment adviser to the Managed Accounts, may be deemed to be the
beneficial owner of all such Shares owned by the Managed Accounts. The twelve
Individual Reporting Persons who are managing members of both the General
Partner and the Management Company may each be deemed to be the beneficial owner
of all such Shares held by the Partnerships and the Managed Accounts. Fairman,
as a managing member of only the General Partner, may be deemed to be the
beneficial owner of all such Shares held by the Partnerships. Each of the
Management Company, the General Partner and the Individual Reporting Persons
hereby disclaims any beneficial ownership of any such Shares.
Item 6. Contracts, Arrangements, Understandings Or
Relationships With Respect To Securities Of The Issuer.
Except as described above, including the Voting Agreement described in Item
4, there are no contracts, arrangements, understandings or relationships (legal
or otherwise) among the Reporting Persons or between such persons and any other
person with respect to any securities of
page 24 of 27
<PAGE>
the Company, including but not limited to transfer or voting of any securities
of the Company, finder's fees, joint ventures, loan or option arrangements, puts
or calls, guarantees of profits, divisions of profits or loss, or the giving or
withholding of proxies.
Item 7. Materials To Be Filed As Exhibits.
The Voting Agreement described in Item 4 is incorporated herein by
reference from Exhibit 10.1 to the Form 8-K filed by the Company on March 21,
2000.
Page 25 of 27
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: March 21, 2000
/s/ Thomas F. Steyer
----------------------------------------
FARALLON PARTNERS, L.L.C.,
on its own behalf and as General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P.,
FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P.,
And TINICUM PARTNERS, L.P.,
By Thomas F. Steyer,
Senior Managing Member
/s/ Thomas F. Steyer
----------------------------------------
FARALLON CAPITAL MANAGEMENT, L.L.C.,
By Thomas F. Steyer,
Senior Managing Member
/s/ Thomas F. Steyer
----------------------------------------
Thomas F. Steyer, individually and as attorney-in-fact
for each of Enrique H. Boilini, David I. Cohen, Joseph
F. Downes, William F. Duhamel, Fleur E. Fairman,
Jason M. Fish, Andrew B. Fremder, Richard B. Fried,
William F. Mellin, Stephen L. Millham, Meridee A. Moore
and Mark C. Wehrly.
The Powers of Attorney, each executed by Boilini, Cohen, Downes, Fairman,
Fish, Fremder, Mellin, Millham and Moore authorizing Steyer to sign and file
this Schedule 13D on each person's behalf, which were filed with Amendment No. 1
to the Schedule 13D filed with the Securities and Exchange Commission on
September 26, 1997, by such Reporting Persons with respect to the Common Stock
of Sphere Drake Holdings Limited, are hereby incorporated by reference. The
Powers of Attorney executed by Duhamel and Fried authorizing Steyer to sign and
file this Schedule 13D on each person's behalf, which were filed with Amendment
No. 1 to the Schedule 13G filed with the Securities and Exchange Commission on
January 13, 1999, by such Reporting Persons with respect to the Callable Class A
Common Shares of CliniChem Development Inc., are hereby incorporated by
reference. The Power of Attorney executed by Mark C. Wehrly authorizing Steyer
to sign and file this Schedule 13D on his behalf, which was filed with Amendment
No. 2 to the Schedule 13D filed with the Securities and Exchange
Page 26 of 27
<PAGE>
Commission on January 10, 2000, by such Reporting Person with respect to the
Common Shares of Axogen Limited, is hereby incorporated by reference.
Page 27 of 27
<PAGE>
