Forms and Instructions - Recent Status - Chapter 11 Trustee Reports - Creditor's Comm. Updates - Contact Information

Recent Status December 1, 2008 Frequently Asked Questions June 1, 2008 Frequently Asked Questions April 21, 2008 Press Release February 12, 2008 Status of Third Distribution December 18, 2007 Status of Third Distribution December 1, 2007 Frequently Asked Questions October 5, 2007 Status of Litigation June 1, 2007 Frequently Asked Questions April 2, 2007 Press Release April 2, 2007 Press Release December 1, 2006 Frequently Asked Questions June 1, 2006 Frequently Asked Questions March 23, 2006 Press Release December 1, 2005 Frequently Asked Questions October 3, 2005 Press Release August 25, President's Report Correction July 27, 2005 Press Release March 17, 2005 Press Release January 24, 2005 Notice to Claim Holders November 10, 2004 Frequently Asked Questions October 04, 2004 Press Release January 24, 2003 Press Release September 30, 2002 Notice to Creditors' Committee August 9, 2002 Press Release July 26, 2002 Press Release July 9, 2002 Press Release May 10, 2002 Press Release October 30, 2001 Press Release August 21, 2001 Press Release August 6, 2001 Press Release June 11, 2001 Committee Meeting May 7, 2001 Press Release May 4, 2001 Committee Meeting June 11, 2001 Committee Meeting On June 11, 2001, at 3:00 P.M., Eastern Daylight Time, the Official Committee of Unsecured Creditors (the "Committee") for the chapter 11 bankruptcy case of Evergreen Security, Ltd. ("Evergreen") had its most recent meeting. The following is a summary of the matters discussed at that meeting: 1. Update of recent developments in the Evergreen case including the following: 1. 2004 Examination in Newark, N.J. of James Conroy, Esq. ("Conroy"). After being compelled to testify at an emergency hearing before Judge Briskman, Conroy appeared for a 2004 examination. He was responsive to questions and invoked neither the attorney-client nor the Fifth Amendment privilege against self incrimination. Unfortunately, half way through the examination Conroy was arrested based on a New York criminal indictment handed down by a grand jury earlier that day. 2. A New York grand jury indictment was issued on June 8, 2001 against William J. Zylka ("Zylka"), Conroy, and Martin W. Boelens ("Boelens"). 1. Zylka was arrested at his house on June 8, 2001 and was held in jail over the weekend without bail. 2. As noted above, Conroy led off in hand cuffs while providing testimony at the 2004 examination being conducted by the Creditors Committee's counsel. 3. Boelens surrendered to authorities voluntarily and was released on his own recognizance after pleading "not guilty" in New York State Supreme Court. 3. The Chapter 11 Trustee and his accountants have now identified the sources and the initial uses (although not present location of final transferees) of the majority of funds flowing through Evergreen in recent years. Approximately $30 million remains unaccounted for, however, although it appears likely that these funds will also be traced in the near future. 4. Zylka's personal financial statements have still not delivered as promised in March, 2001. 5. Further progress on forensic accounting report. 1. Liabilities (1) $214 million estimate has proved accurate for all liabilities from all related funds. 2. Assets (1) $600,000 received and now deposited following brief dispute with Colonial Bank. (2) Debtor's counsel's retainer of $250,000 recovered, less approximately $40,000 allowed in fees. (3) Minimum value of Bear Stearns asset set at $1.8 million; additional bids being solicited; auction in bankruptcy court likely. 3. These figures have been verified with all 4 of Evergreen's accountants. 6. Seizure of Zylka assets is continuing in New Jersey. 7. Application to employ foreign consultant to advise the Creditors Committee on matters pertaining to foreign litigation and asset recovery has been filed with the bankruptcy court and set for hearing. 2. The Committee then evaluated progress on various pieces of litigation and refined its litigation strategy. At this point, that information cannot be shared with creditors or other third parties as it might compromise ongoing or anticipated litigation.

Official Committee of Unsecured Creditors for Evergreen Security, Ltd.