ZAREBA SYSTEMS INC

listed = True...ters were submitted to a vote of Zareba’s shareholders during the fourth quarter of fiscal year 2008. 8 PART II Item 5. Market for Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Zareba’s common stock is traded on the NASDAQ Capital Market under the symbol ZRBA. Stock Price High Low FY2008 First Quarter $ 7.99 $ 5.33 Second Quarter $ 6.70 $ 4.23 Third Quarter $ 5.93 $ 3.76 Fourth Quarter $ 4.45 $ 2.20 FY2007 First Quarter $ 6.74 $ 1.75 Second Quarter $ 6.74 $ 4.33 Third Quarter $ 6.58 $ 4.01 Fourth Quarter $ 7.16 $ 4.06 Shareholders As of September 11, 2008 Zareba had approximately 430 s...

listed = True...ters were submitted to a vote of Zareba’s shareholders during the fourth quarter of fiscal year 2008. 8 PART II Item 5. Market for Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Zareba’s common stock is traded on the NASDAQ Capital Market under the symbol ZRBA. Stock Price High Low FY2008 First Quarter $ 7.99 $ 5.33 Second Quarter $ 6.70 $ 4.23 Third Quarter $ 5.93 $ 3.76 Fourth Quarter $ 4.45 $ 2.20 FY2007 First Quarter $ 6.74 $ 1.75 Second Quarter $ 6.74 $ 4.33 Third Quarter $ 6.58 $ 4.01 Fourth Quarter $ 7.16 $ 4.06 Shareholders As of September 11, 2008 Zareba had approximately 430 s...

threshold = 250...own at least one whole share of our common stock, whereby each one outstanding share of common stock will be divided into 250 whole shares. The Special Committee and the Board reviewed the proposed transaction and considered its fairness to unaffiliated shareholders who own fewer than 250 shares, as well as those shareholders owning 250 or more shares. The Special Committee received a fairness opinion from Greene Holcomb & Fisher LLC with regard to the per share cash amount to be paid to the shareholders that receive cash in lieu of fractional shares in the transaction. After careful consideration, the Special Committee and the...

threshold = 250...own at least one whole share of our common stock, whereby each one outstanding share of common stock will be divided into 250 whole shares. The Special Committee and the Board reviewed the proposed transaction and considered its fairness to unaffiliated shareholders who own fewer than 250 shares, as well as those shareholders owning 250 or more shares. The Special Committee received a fairness opinion from Greene Holcomb & Fisher LLC with regard to the per share cash amount to be paid to the shareholders that receive cash in lieu of fractional shares in the transaction. After careful consideration, the Special Committee and the...

threshold = 250...own at least one whole share of our common stock, whereby each one outstanding share of common stock will be divided into 250 whole shares. The Special Committee and the Board reviewed the proposed transaction and considered its fairness to unaffiliated shareholders who own fewer than 250 shares, as well as those shareholders owning 250 or more shares. The Special Committee received a fairness opinion from Greene Holcomb & Fisher LLC with regard to the per share cash amount to be paid to the shareholders that receive cash in lieu of fractional shares in the transaction. After careful consideration, the Special Committee and the...

txn_type = CONSOLIDATION...istration of our common stock under the federal securities laws. This will eliminate the significant expense and management and staff time required to comply with the reporting and related requirements under these laws. The transaction consists primarily of a reverse split of our common stock whereby each 250 shares of our common stock will be converted to one share of our common stock, with holders of less than one whole share after completion of the reverse split entitled to receive cash in lieu of fractional interests in an amount equal to $5.20 per share for each pre-split share that becomes a fraction...

txn_type = CONSOLIDATION...istration of our common stock under the federal securities laws. This will eliminate the significant expense and management and staff time required to comply with the reporting and related requirements under these laws. The transaction consists primarily of a reverse split of our common stock whereby each 250 shares of our common stock will be converted to one share of our common stock, with holders of less than one whole share after completion of the reverse split entitled to receive cash in lieu of fractional interests in an amount equal to $5.20 per share for each pre-split share that becomes a fraction...

txn_type = CONSOLIDATION...istration of our common stock under the federal securities laws. This will eliminate the significant expense and management and staff time required to comply with the reporting and related requirements under these laws. The transaction consists primarily of a reverse split of our common stock whereby each 250 shares of our common stock will be converted to one share of our common stock, with holders of less than one whole share after completion of the reverse split entitled to receive cash in lieu of fractional interests in an amount equal to $5.20 per share for each pre-split share that becomes a fraction...

untradeable = True...ers of fewer than 250 pre-Reverse Split shares of our common stock. Trading Market for the Company’s Stock. Following the completion of the Transaction, our common stock may be eligible for listing and trading in the Pink Sheets market; however, there will be no public trading market for our common stock. The Pink Sheets is a listing service that offers financial and other information about issuers of securities, and collects and publishes quotes of market makers for over-the-counter securities through its website at www.pinksheets.com. The Pink Sheets market is not a stock exchange and we do not have the ability to list on, or control w...