PRESS RELEASE: Fairchild Holders Get Extra Day For Ex-Div Dow Jones Newswires (BW)(VA-FAIRCHILD)(FA) The Fairchild Corporation Shareholders Will Have an Additional Day Before Its Stock Will Trade Ex-dividend Business/Aerospace Editors DULLES, Virginia--(BUSINESS WIRE)--April 17, 2000--The Fairchild Corporation (NYSE: FA) announced today that its shares will enjoy an additional day during which they could be sold with Due Bills evidencing a right to obtain 0.0475 shares of Global Sources Limited (NASDAQ: GSOL) for each share of The Fairchild Corporation. This extension, which is expected to apply only today, April 17, 2000, became necessary to accommodate the New York Stock Exchange rule that a Due Bill must be priced before the NYSE would permit a stock to trade "ex-dividend". A Due Bill is priced based on its closing price on the first day of trading. There was no trade in GSOL stock during its first day of trade. The Fairchild Corporation and Global Sources Limited had expected trading to open and the Due Bill pricing to occur on Friday, April 14, 2000, but extreme market volatility prevented its Market Makers from determining an appropriate Bid/Ask pricing and spread. The Fairchild Corporation is the leading worldwide manufacturer and supplier of precision fastening systems used in the construction and maintenance of commercial and military aircraft, and a distributor of aerospace parts. Fairchild Fasteners has manufacturing facilities as well as sales/design customer teams in the United States, Germany, France, Portugal, Hungary, Australia and the United Kingdom. Banner Aerospace, the company's aerospace distribution division, provides aircraft parts and services. Additional information is available on The Fairchild Corporation Website (www.fairchildcorp.com). This news release contains forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, as amended and Section 21-E of the Securities Exchange Act of 1934, as amended. The Company's actual results could differ materially from those set forth in the forward-looking statements as a result of the risks associated with the Company's business, changes in general economic conditions, and changes in the assumptions used in making such forward-looking statements. --30--kam/ny* CONTACT: Colin M. Cohen Tel: 703/478-5903, Email: email@example.com
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