CHESTER BANCORP INC

expiry = 2003-05-12...OF ALL SHARES OF ITS COMMON STOCK HELD BY HOLDERS OF 500 OR FEWER SHARES AND UP TO 500 SHARES BY HOLDERS OF GREATER THAN 500 SHARES FOR A PURCHASE PRICE OF $22.00 NET PER SHARE The offer to purchase expires at 5:00 p.m., Eastern daylight time, on May 12, 2003, unless the offer is extended. Chester Bancorp, Inc. is offering to purchase all shares of its common stock that are held by shareholders who own 500 or fewer shares and up to 500 shares held by shareholders who own greater than 500 shares...

expiry = 2003-05-12...OF ALL SHARES OF ITS COMMON STOCK HELD BY HOLDERS OF 500 OR FEWER SHARES AND UP TO 500 SHARES BY HOLDERS OF GREATER THAN 500 SHARES FOR A PURCHASE PRICE OF $22.00 NET PER SHARE The offer to purchase expires at 5:00 p.m., Eastern daylight time, on May 12, 2003, unless the offer is extended. Chester Bancorp, Inc. is offering to purchase all shares of its common stock that are held by shareholders who own 500 or fewer shares and up to 500 shares held by shareholders who own greater than 500 shares...

expiry = 2003-05-12...OF ALL SHARES OF ITS COMMON STOCK HELD BY HOLDERS OF 500 OR FEWER SHARES AND UP TO 500 SHARES BY HOLDERS OF GREATER THAN 500 SHARES FOR A PURCHASE PRICE OF $22.00 NET PER SHARE The offer to purchase expires at 5:00 p.m., Eastern daylight time, on May 12, 2003, unless the offer is extended. Chester Bancorp, Inc. is offering to purchase all shares of its common stock that are held by shareholders who own 500 or fewer shares and up to 500 shares held by shareholders who own greater than 500 shares...

expiry = 2003-05-12...OF ALL SHARES OF ITS COMMON STOCK HELD BY HOLDERS OF 500 OR FEWER SHARES AND UP TO 500 SHARES BY HOLDERS OF GREATER THAN 500 SHARES FOR A PURCHASE PRICE OF $22.00 NET PER SHARE The offer to purchase expires at 5:00 p.m., Eastern daylight time, on May 12, 2003, unless the offer is extended. Chester Bancorp, Inc. is offering to purchase all shares of its common stock that are held by shareholders who own 500 or fewer shares and up to 500 shares held by shareholders who own greater than 500 shares...

expiry = 2003-05-16...FER TO PURCHASE AMENDED AND RESTATED OFFER TO PURCHASE FOR CASH By CHESTER BANCORP, INC. OF UP TO 100,000 SHARES OF ITS COMMON STOCK FOR A PURCHASE PRICE OF $22.00 NET PER SHARE The offer to purchase expires at 5:00 p.m., Eastern daylight time, on May 16, 2003, unless the offer is extended. This Amended and Restated Offer to Purchase amends and restates the Offer to Purchase dated April 11, 2003 previously furnished to shareholders. Chester Bancorp, Inc. is offering to purchase up to 100,000 sha...

listed = True...more than 300 shareholders of record after this tender offer, we may take further action to reduce the number of shareholders to allow us to become a private company. See "SPECIAL FACTORS--Possibility of Second Step Transaction." - Our common stock currently is listed on the NASDAQ SmallCap Market. However, we have been informed that our common stock will no longer be traded on such market due to our failure to meet liquidity requirements. If we become a private company, it is likely that there will be less of a market for our common stock, and this may affect the 1 price at which remaining shareholders may be able to sell their s...

listed = True...more than 300 shareholders of record after this tender offer, we may take further action to reduce the number of shareholders to allow us to become a private company. See "SPECIAL FACTORS--Possibility of Second Step Transaction." - Our common stock currently is listed on the NASDAQ SmallCap Market. However, we have been informed that our common stock will no longer be traded on such market due to our failure to meet liquidity requirements. If we become a private company, it is likely that there will be less of a market for our common stock, and this may affect the price at which remaining shareholders may be able to sell their sha...

listed = True...more than 300 shareholders of record after this tender offer, we may take further action to reduce the number of shareholders to allow us to become a private company. See "SPECIAL FACTORS--Possibility of Second Step Transaction." - Our common stock currently is listed on the NASDAQ SmallCap Market. However, we have been informed that our common stock will no longer be traded on such market due to our failure to meet liquidity requirements. If we become a private company, it is likely that there will be less of a market for our common stock, and this may affect the price at which remaining shareholders may be able to sell their sha...

listed = True...more than 300 shareholders of record after this tender offer, we may take further action to reduce the number of shareholders to allow us to become a private company. See "SPECIAL FACTORS--Possibility of Second Step Transaction." o Our common stock currently is listed on the NASDAQ SmallCap Market. However, we have been informed that our common stock will no longer be traded on such market due to our failure to meet liquidity requirements. If we become a private company, it is likely that there will be less of a market for our common stock, and this may affect the price at which remaining shareholders may be able to sell their sha...

listed = True...more than 300 shareholders of record after this tender offer, we may take further action to reduce the number of shareholders to allow us to become a private company. See "SPECIAL FACTORS--Possibility of Second Step Transaction." o Our common stock currently is listed on the NASDAQ SmallCap Market. However, we have been informed that our common stock will no longer be traded on such market due to our failure to meet liquidity requirements. If we become a private company, it is likely that there will be less of a market for our common stock, and this may affect the price at which remaining shareholders may be able to sell their sha...

threshold = 500...lders of record of our 2 common stock. Since many shares are held in street name by brokers, dealers, banks, trust companies and other nominees, the number of beneficial owners of our common stock exceeds the number of holders of record. The majority of these holders own fewer than 500 shares, with many owning 100 or fewer shares. Because so much of our common stock is owned by a few large shareholders who have held their shares as long-term investments, there is a very limited trading market for our common stock. The limited trading market for our common stock is evidenced by an average daily trading volume as reported on th...

threshold = 500...holders of record of our common stock. Since many shares are held in street name by brokers, dealers, banks, trust companies and other nominees, the number of beneficial owners of our common stock exceeds the number of holders of record. The majority of these holders own fewer than 500 shares, with many owning 100 or 2 fewer shares. Because so much of our common stock is owned by a few large shareholders who have held their shares as long-term investments, there is a very limited trading market for our common stock. The limited trading market for our common stock is evidenced by an average daily trading volume as reported on...

threshold = 500...holders of record of our common stock. Since many shares are held in street name by brokers, dealers, banks, trust companies and other nominees, the number of beneficial owners of our common stock exceeds the number of holders of record. The majority of these holders own fewer than 500 shares, with many owning 100 or 2 fewer shares. Because so much of our common stock is owned by a few large shareholders who have held their shares as long-term investments, there is a very limited trading market for our common stock. The limited trading market for our common stock is evidenced by an average daily trading volume as reported on...

threshold = 500...holders of record of our common stock. Since many shares are held in street name by brokers, dealers, banks, trust companies and other nominees, the number of beneficial owners of our common stock exceeds the number of holders of record. The majority of these holders own fewer than 500 shares, with many owning 100 or 2 fewer shares. Because so much of our common stock is owned by a few large shareholders who have held their shares as long-term investments, there is a very limited trading market for our common stock. The limited trading market for our common stock is evidenced by an average daily trading volume as reported on...

threshold = 100...y tendered by Odd Lot Holders, we will purchase all other shares tendered on a pro rata basis. Therefore, all of the shares that a shareholder tenders in the offer may not be purchased. ODD LOTS The term "Odd Lots" means all shares tendered by any person (an "Odd Lot Holder") who owned beneficially or of record a total of fewer than 100 shares. Odd Lots will be accepted for payment before any proration of the purchase of other tendered shares. This preference is not available to partial tenders or to beneficial or record holders of an aggregate of 100 or more shares, even if these holders have separate accounts or certificates representing fewer than 100 shares. PRORATION If p...

txn_type = CONSOLIDATION...tender offer. This would make the general tender offer a less efficient method of reducing the total number of remaining shareholders and, therefore, is inconsistent with our purpose of becoming a private company. Another alternative that was considered was a reverse stock split. In a reverse stock split, each outstanding share would be converted into less than one whole share. For example, in a 1-for-100 share reverse split, each 100 shares would be converted into 1 share and a shareholder owning only 90 shares before the reverse split would receive 0.90 of a share, which would be paid out in cash in lieu of su...

txn_type = CONSOLIDATION...tender offer. This would make the general tender offer a less efficient method of reducing the total number of remaining shareholders and, therefore, is inconsistent with our purpose of becoming a private company. Another alternative that was considered was a reverse stock split. In a reverse stock split, each outstanding share would be converted into less than one whole share. For example, in a 1-for-100 share reverse split, each 100 shares would be converted into 1 share and a shareholder owning only 90 shares before the reverse split would receive 0.90 of a share, which would be paid out in cash in lieu of su...

txn_type = CONSOLIDATION...tender offer. This would make the general tender offer a less efficient method of reducing the total number of remaining shareholders and, therefore, is inconsistent with our purpose of becoming a private company. Another alternative that was considered was a reverse stock split. In a reverse stock split, each outstanding share would be converted into less than one whole share. For example, in a 1-for-100 share reverse split, each 100 shares would be converted into 1 share and a shareholder owning only 90 shares before the reverse split would receive 0.90 of a share, which would be paid out in cash in lieu of su...

txn_type = CONSOLIDATION...tender offer. This would make the general tender offer a less efficient method of reducing the total number of remaining shareholders and, therefore, is inconsistent with our purpose of becoming a private company. Another alternative that was considered was a reverse stock split. In a reverse stock split, each outstanding share would be converted into less than one whole share. For example, in a 1-for-100 share reverse split, each 100 shares would be converted into 1 share and a shareholder owning only 90 shares before the reverse split would receive 0.90 of a share, which would be paid out in cash in lieu of su...

txn_type = CONSOLIDATION...he cost of a complete buy-out of all shares at $22.00 per share could be as much as $20,000,000. Therefore, the general tender offer was not viewed as being consistent with our purpose of reducing operating costs. Another alternative that was considered was a reverse stock split. In a reverse stock split, each outstanding share would be converted into less than one whole share. For example, in a 1-for-100 10 share reverse split, each 100 shares would be converted into 1 share and a shareholder owning only 90 shares before the reverse split would receive 0.90 of a share, which would be paid out in cash in lieu of...