U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING OF
FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1999
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PART I - REGISTRANT INFORMATION
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Michael Baker Corporation
Airport Office Park, Building 3
420 Rouser Road
Coraopolis, PA 15108
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PART II - RULES 12B-25(B) AND (C)
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The reasons described in reasonable detail in Part III of this form could not be
eliminated without unreasonable effort or expense. The Registrant expects to
file the subject Quarterly Report on Form 10-Q on or before the extended filing
deadline of November 22, 1999.
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PART III - NARRATIVE
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On March 5, 1999, a subsidiary of the Registrant, Baker Mellon Stuart
Construction, Inc., was terminated from its largest active construction project,
which was over 90% completed. The project was being performed for Universal City
Development Partners, and included the construction of the new CityWalk entrance
to Universal Studios' theme park in Orlando, FL. Both parties subsequently filed
lawsuits in this matter.
Certain developments regarding this matter occurred during the third quarter of
1999, and will result in additional financial charges which will have a material
adverse effect on the Registrant's results of operations for the quarterly
period ended September 30, 1999. These charges have now been quantified, and
management is currently working diligently to prepare its third quarter
financial statements and its related Quarterly Report on Form 10-Q. Management
expects that the Registrant will be able to file the subject Quarterly Report on
Form 10-Q on or before November 22, 1999.
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification:
J. Robert White
Michael Baker Corporation
Executive Vice President and Chief Financial Officer
(412) 269-6453
(2) Have all other periodic reports required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed?
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof?
[X] Yes [ ] No
See related Narrative under Part III above.
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SIGNATURE
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Michael Baker Corporation has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
Dated: November 15, 1999 By /s/ J. ROBERT WHITE
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J. Robert White
Michael Baker Corporation
Executive Vice President and
Chief Financial Officer
