UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 15)
Under the Securities Exchange Act of 1934
AutoZone, Inc.
----------------
(Name of Issuer)
Common Stock, par value $.01 per share
--------------------------------------
(Title of Class of Securities)
053332-10-2
--------------
(CUSIP Number)
Janice V. Sharry, Esq.
Haynes and Boone, LLP
901 Main Street, Suite 3100
Dallas, Texas 75202
(214) 651-5562
---------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
February 26, 2001
-------------------------------------------------------
(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 Sections 240.13d-1(e), (f) or (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 Section 240.13d-7(b) for
other parties to whom copies are to be sent.
*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 ("Act") 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).
SCHEDULE 13D
--------------------------
CUSIP No. 053332-10-2
--------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Partners, L.P.
22-2875193
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) 9
N/A [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
12,338,984
NUMBER OF ----------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ----------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 12,338,984
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,531,189
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
N/A
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.91%(1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(1) Based on 106,782,726 shares of common stock issued and outstanding as of
December 14, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended November 17, 2001, filed with the SEC on December
18, 2001.
--------------------------
CUSIP No. 053332-10-2
--------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Limited, a Bermuda corporation
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) 9
N/A [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
2,985,290
NUMBER OF ----------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ----------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 2,985,290
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,531,189
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
N/A
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.91%(1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
(1) Based on 106,782,726 shares of common stock issued and outstanding as of
December 14, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended November 17, 2001, filed with the SEC on December
18, 2001.
--------------------------
CUSIP No. 053332-10-2
--------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Institutional Partners, L.P., a Delaware limited
partnership 06-1456821
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) 9
N/A [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
443,272
NUMBER OF ----------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ----------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 443,272
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,531,189
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
N/A
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.91%(1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(1) Based on 106,782,726 shares of common stock issued and outstanding as of
December 14, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended November 17, 2001, filed with the SEC on December
18, 2001.
--------------------------
CUSIP No. 053332-10-2
--------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Investors, L.L.C., a Delaware limited liability
company 13-4095958
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) 9
N/A [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,521,365
NUMBER OF ----------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ----------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 1,521,365
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,531,189
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
N/A
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.91%(1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
(1) Based on 106,782,726 shares of common stock issued and outstanding as of
December 14, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended November 17, 2001, filed with the SEC on December
18, 2001.
--------------------------
CUSIP No. 053332-10-2
--------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Acres Partners, L.P., a Delaware limited partnership
06-1458694
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) 9
N/A [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
7,526,599
NUMBER OF ----------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ----------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 7,526,599
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,531,189
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
N/A
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.91%(1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(1) Based on 106,782,726 shares of common stock issued and outstanding as of
December 14, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended November 17, 2001, filed with the SEC on December
18, 2001.
--------------------------
CUSIP No. 053332-10-2
--------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marion Partners, L.P., a Delaware limited partnership
06-1527654
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) 9
N/A [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
224,840
NUMBER OF ----------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ----------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 224,840
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,531,189
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
N/A
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.91%(1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(1) Based on 106,782,726 shares of common stock issued and outstanding as of
December 14, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended November 17, 2001, filed with the SEC on December
18, 2001.
--------------------------
CUSIP No. 053332-10-2
--------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Blue Macaw Partners, L.P., a Delaware limited
partnership 06-1573985
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) 9
N/A [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
488,350
NUMBER OF ----------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ----------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 488,350
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,531,189
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
N/A
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.91%(1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
(1) Based on 106,782,726 shares of common stock issued and outstanding as of
December 14, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended November 17, 2001, filed with the SEC on December
18, 2001.
--------------------------
CUSIP No. 053332-10-2
--------------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Edward S. Lampert
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) 9
N/A [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
2,489
NUMBER OF ----------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ----------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 2,489
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,531,189
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
N/A
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.91%(1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
(1) Based on 106,782,726 shares of common stock issued and outstanding as of
December 14, 2001, as disclosed in the Issuer's Quarterly Report on Form 10-Q
for the quarterly period ended November 17, 2001, filed with the SEC on December
18, 2001.
This Amendment No. 15 to Schedule 13D (this "Amendment") amends and
supplements the Schedule 13D (as previously amended) filed by ESL Partners,
L.P., a Delaware limited partnership ("ESL"), ESL Limited, a Bermuda corporation
("Limited"), ESL Institutional Partners, L.P., a Delaware limited partnership
("Institutional"), ESL Investors, LLC, a Delaware limited liability company
("Investors"), Acres Partners, L.P., a Delaware limited partnership ("Acres"),
Marion Partners, L.P., a Delaware limited partnership ("Marion"), Blue Macaw
Partners, L.P., a Delaware limited partnership ("Blue Macaw") and Edward S.
Lampert, a U.S. citizen ("Mr. Lampert"), by furnishing the information set forth
below. ESL, Limited, Institutional, Investors, Acres, Marion, Blue Macaw and Mr.
Lampert are collectively defined in this Amendment as the "Filing Persons."
Unless set forth below, all previous Items are unchanged. Capitalized terms used
herein which are not defined herein have the meanings given to them in the
Schedule 13D previously filed with the Securities and Exchange Commission.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 is hereby amended and restated in its entirety as follows:
On February 26, 2002, the Audit Committee of the Board of Directors of
the Issuer (following the request of the Filing Persons and delegation from the
Board of Directors of the Issuer) authorized the Issuer to register 15 million
Shares owned by the Filing Persons. A shelf registration statement on Form S-3
was filed with the Commission by the Issuer on February 26, 2002 pursuant to
which, upon effectiveness thereof, the Filing Persons may sell the Shares
registered from time to time in open market transactions or otherwise, as
detailed in the filing. At February 26, 2002, the Filing Persons owned
25,531,189 Shares, which represented 23.91% of the Shares outstanding as of
December 14, 2001. The Filing Persons initially purchased Shares in 1997. Mr.
Lampert, one of the Filing Persons, continues to serve as a Director of the
Issuer.
Upon effectiveness of the registration statement, the Filing Persons
may sell the Shares registered from time to time in the future as a means of
diversifying a portion of their holdings. In connection with the filing, the
Issuer issued a press release in which the Filing Persons indicated their
continuing faith in Steve Odland and the management of the Issuer and their
belief that the Issuer has just begun to tap into the potential for the Issuer's
franchise. The Filing Persons also stated their intention of remaining as
significant shareholders of the Issuer for some time to come. Even if all Shares
are sold that have been registered for resale, the Filing Persons will continue
to own 10,531,189 Shares (assuming no additional purchases), constituting 9.86%
of the Shares outstanding as of December 14, 2001, and having an aggregate
market value of approximately $736 million based on the closing sales price on
February 25, 2002.
Investments, on behalf of itself and its affiliates (including the
Filing Persons) entered into a letter agreement, dated October 10, 2000, with
the Issuer in connection with the Board of Directors' decision to terminate a
rights plan which was adopted earlier that year. This letter agreement provides
that to the extent the Filing Persons acquire additional Shares of the
Company after October 20, 2000 (the date the rights plan expired) and before
April 1, 2004, the Filing Persons have agreed to not vote (or issue written
consents with respect to) such Shares prior to April 1, 2004, unless the Board
of Directors otherwise permits. The Filing Persons are currently entitled to
vote 17,164,683 Shares, or 16.07% of the Shares outstanding as of December 14,
2001.
The Filing Persons intend to review on a continuing basis their
investment in the Issuer. Depending upon the factors discussed below, the Filing
Persons (subject to applicable law) may acquire additional Shares; may sell all
or part of their Shares, pursuant to the registration statement, Rule 144, in
privately negotiated transactions, or in sales otherwise registered or exempt
from registration under the 1933 Act; may distribute Shares to various of its
partners; or may engage in any combination of the foregoing. Further, the Filing
Persons may enter into derivative transactions or alternative structures with
respect to the Shares. Any open market or privately negotiated purchases, sales,
distributions or other transactions may be made at any time without additional
prior notice.
Any alternative that the Filing Persons may pursue will depend upon a
variety of factors, including without limitation, current and anticipated future
trading prices of the Shares, the financial condition, results of operations and
prospects of the Issuer and general economic, financial market and industry
conditions, other investment and business opportunities available to the Filing
Persons, general stock market and economic conditions, tax considerations and
other factors.
Although the foregoing reflects activities presently contemplated by
the Filing Persons with respect to the Issuer, the foregoing is subject to
change at any time, and there can be no assurance that any of the Filing Persons
will take any of the actions set forth above. Except as set forth above, the
Filing Persons have no plans or proposals with respect to any of the matters set
forth in paragraphs (a) through (j) of Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5(c) is hereby amended in its entirety as follows:
(c) Since the most recent filing on Schedule 13D, there have been no
transactions in the Shares by any of the Filing Persons.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Amendment is true, complete and
correct.
Date: February 26, 2002
ESL PARTNERS, L.P.
By: RBS Partners, L.P., its general
partner
By: ESL Investments, Inc., its
general partner
By: /s/ EDWARD S. LAMPERT
----------------------------
Edward S. Lampert
Chairman
ESL LIMITED
By: ESL Investment Management, LLC,
its investment manager
By: /s/ EDWARD S. LAMPERT
----------------------------
Edward S. Lampert
Managing Member
ESL INSTITUTIONAL PARTNERS, L.P.
By: RBS Investment Management, LLC,
its general partner
By: /s/ EDWARD S. LAMPERT
----------------------------
Edward S. Lampert
Managing Member
ESL INVESTORS, L.L.C.
By: RBS Partners, L.P., its manager
By: ESL Investments, Inc., its
general partner
By: /s/ EDWARD S. LAMPERT
----------------------------
Edward S. Lampert
Chairman
ACRES PARTNERS, L.P.
By: ESL Investments, Inc., its
general partner
By: /s/ EDWARD S. LAMPERT
----------------------------
Edward S. Lampert
Chairman
MARION PARTNERS, L.P.
By: ESL Investments, Inc., its
general partner
By: /s/ EDWARD S. LAMPERT
----------------------------
Edward S. Lampert
Chairman
BLUE MACAW PARTNERS, L.P.
By: ESL Investments, Inc., its
general partner
By: /s/ EDWARD S. LAMPERT
----------------------------
Edward S. Lampert
Chairman
/s/ EDWARD S. LAMPERT
--------------------------------------
EDWARD S. LAMPERT