Chris-Craft Industries, Inc.

As of July 31, 2001, Chris-Craft Industries was acquired by Fox Entertainment Group Inc. Chris-Craft Industries, Inc. engages in television broadcasting, conducted through its majority owned subsidiary, BHC Communications, Inc. (BHC). BHC operates six very high frequency television stations and four ultra high frequency television stations, together constituting Chris-Craft's Television Division. Television stations derive their revenues primarily from selling advertising time. Chris-Craft Industrial Products, Inc., the wholly owned subsidiary of Chris-Craft is primarily engaged in manufacturing plastic flexible films and distributing containment systems to the healthcare industry. These products are marketed as roll and cut stock as well as proprietary and private-label end products. The end products include plastic flexible films and water-soluble hospital laundry bags.