UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Amendment No. 1
Under the Securities Exchange Act of 1934
Information to be included in statements filed
pursuant to Rule 13D-1(A) and Amendments
thereto filed pursuant to Rule 13D-2(A)
Global Signal Inc.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
37944Q 10 3
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(CUSIP Number)
Randal A. Nardone
Secretary
Fortress Registered Investment Trust
c/o Fortress Investment Group LLC
1251 Avenue of the Americas
New York, New York 10020
(212) 798-6100
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
COPY TO:
Joseph A. Coco
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036
(212) 735-3000
February 14, 2005
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(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 Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g),
check the following box. [ ]
*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).
Page 1 of 11
SCHEDULE 13D/A
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CUSIP No. 37944Q 10 3 Page 2 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FRIT PINN LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
WC/AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF
7 SOLE VOTING POWER
SHARES - 0 -
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BENEFICIALLY 8 SHARED VOTING POWER
- 19,162,248 -
OWNED BY ------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
- 0 -
REPORTING ------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
- 19,162,248 -
WITH ------------------------------------------------------------
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 19,162,248 -
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
36.7% (based on 52,142,205 shares of common stock outstanding
as of February 14, 2005)
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14 TYPE OF REPORTING PERSON (See Instructions)
OO
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Page 2 of 11
SCHEDULE 13D/A
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CUSIP No. 37944Q 10 3 Page 3 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Registered Investment Trust
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
WC/AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF - 0 -
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SHARES
8 SHARED VOTING POWER
BENEFICIALLY - 20,306,252* - (inclusive of 644,000 shares
issuable upon exercise of options beneficially
OWNED BY owned by the reporting person which are exercisable
as of or within 60 days of February 14, 2005)
EACH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING - 0 -
PERSON ------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH - 20,306,252* -
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 20,306,252 -
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
38.5% (based on 52,142,205 shares of common stock outstanding as of
February 14, 2005 and including 644,000 shares issuable upon exercise
of options beneficially owned by the reporting person which are
exercisable as of or within 60 days of February 14, 2005)
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14 TYPE OF REPORTING PERSON (See Instructions)
OO
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* 19,162,248 shares solely in its capacity as the sole member of FRIT PINN LLC.
Page 3 of 11
SCHEDULE 13D/A
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CUSIP No. 37944Q 10 3 Page 4 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FIG Advisors LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
Not Applicable
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
- 0 -
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
- 5,137,444 -
OWNED BY ------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
- 0 -
REPORTING ------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
- 5,137,444 -
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 5,137,444 -
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.9% (based on 52,142,205 shares of common stock outstanding
as of February 14, 2005)
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14 TYPE OF REPORTING PERSON (See Instructions)
IA
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* Solely in its capacity as the investment advisor of Fortress Pinnacle
Investment Fund LLC.
Page 4 of 11
SCHEDULE 13D/A
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CUSIP No. 37944Q 10 3 Page 5 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Investment Fund LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
Not Applicable
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF - 0 -
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SHARES
8 SHARED VOTING POWER
BENEFICIALLY - 20,306,252* - (inclusive of 644,000 shares
issuable upon exercise of options beneficially
OWNED BY owned by the reporting person which are exercisable
as of or within 60 days of February 14, 2005)
EACH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING - 0 -
------------------------------------------------------------
PERSON
10 SHARED DISPOSITIVE POWER
WITH - 20,306,252* -
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 20,306,252 -
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
38.5% (based on 52,142,205 shares of common stock outstanding as of
February 14, 2005 and including 644,000 shares issuable upon
exercise of options beneficially owned by the reporting person
which are exercisable as of or within 60 days of February 14, 2005)
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14 TYPE OF REPORTING PERSON (See Instructions)
OO
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* Solely in its capacity as the holder of all issued and outstanding shares of
beneficial interest of Fortress Registered Investment Trust.
Page 5 of 11
SCHEDULE 13D/A
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CUSIP No. 37944Q 10 3 Page 6 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Fund MM LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
Not Applicable
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
- 0 -
SHARES ------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY - 20,306,252* - (inclusive of 644,000 shares
issuable upon exercise of options beneficially
OWNED BY owned by the reporting person which are exercisable
as of or within 60 days of February 14, 2005)
EACH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING - 0 -
------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
- 20,306,252* -
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 20,306,252 -
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
38.5% (based on 52,142,205 shares of common stock outstanding as of
February 14, 2005 and including 644,000 shares issuable upon
exercise of options beneficially owned by the reporting person
which are exercisable as of or within 60 days of February 14, 2005)
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14 TYPE OF REPORTING PERSON (See Instructions)
OO
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* Solely in its capacity as the managing member of Fortress Investment Fund LLC.
Page 6 of 11
SCHEDULE 13D/A
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CUSIP No. 37944Q 10 3 Page 7 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Investment Group LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
Not Applicable
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
- 0 -
SHARES -----------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY - 25,443,696* - (inclusive of 644,000 shares
issuable upon exercise of options beneficially
OWNED BY owned by the reporting person which are exercisable
as of or within 60 days of February 14, 2005)
EACH -----------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING - 0 -
-----------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
- 25,443,696* -
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 25,443,696 -
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
48.2% (based on 52,142,205 shares of common stock outstanding as of
February 14, 2005 and including 644,000 shares issuable upon
exercise of options beneficially owned by the reporting person
which are exercisable as of or within 60 days of February 14, 2005)
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14 TYPE OF REPORTING PERSON (See Instructions)
OO
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* Solely in its capacity as the managing member of Fortress Fund MM LLC and as
the holder of all issued and outstanding shares of beneficial interest of FIG
Advisors LLC.
Page 7 of 11
SCHEDULE 13D/A
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CUSIP No. 37944Q 10 3 Page 8 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Fortress Investment Holdings LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
Not Applicable
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
- 0 -
SHARES ------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY - 25,443,696* - (inclusive of 644,000 shares
issuable upon exercise of options beneficially
OWNED BY owned by the reporting person which are exercisable
as of or within 60 days of February 14, 2005)
EACH ------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING - 0 -
------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
- 25,443,696* -
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 25,443,696 -
-------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
48.2% (based on 52,142,205 shares of common stock outstanding as of
February 14, 2005 and including 644,000 shares issuable upon
exercise of options beneficially owned by the reporting person
which are exercisable as of or within 60 days of February 14, 2005)
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14 TYPE OF REPORTING PERSON (See Instructions)
OO
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* Solely in its capacity as the sole member of Fortress Investment Group LLC.
Page 8 of 11
The item numbers and responses thereto below are in accordance with
the requirements of Schedule 13D.
This Amendment No. 1 (the "Amendment") amends and supplements the
Schedule 13D filed on December 21, 2004 (the "Original Schedule 13D") with the
Securities and Exchange Commission by FRIT PINN LLC, Fortress Registered
Investment Trust, Fortress Pinnacle Investment Fund LLC, FIG Advisors LLC,
Robert H. Gidel, Fortress Investment Fund LLC, Fortress Fund MM LLC, Fortress
Investment Group LLC, and Fortress Investment Holdings LLC (the "Filers") with
respect to the shares of common stock, par value $0.01 per share (the "Common
Stock"), of Global Signal Inc., a Delaware corporation (the "Issuer"). All
capitalized terms used in this Amendment and not otherwise defined herein have
the meanings assigned to such terms in the Original Schedule 13D.
Item 4. Purpose of the Transaction.
(a) On February 14, 2005, the Issuer entered into a definitive
agreement (the "Sprint Agreement") to lease or operate approximately 6,628
wireless communication towers (the "Towers") and certain related assets for 32
years from Sprint Corporation and certain of its subsidiaries ("Sprint"), for
which the Issuer will pay $1.202 billion to Sprint at one economic closing
(the "Sprint Closing") as prepaid rent (the "Sprint Transaction").
Prior to the execution of the Sprint Agreement, the Issuer submitted
several bids to Sprint in an auction process conducted by Sprint with respect
to the Towers. On August 23, 2004, the Issuer submitted its first bid relating
to the Towers. After the first round of bidding, Sprint required that any
bidder also provide commitments for the financing necessary to consummate such
bidder's proposed transaction with respect to the Towers. On September 10,
2004, the board of directors of the Issuer established a special committee
(the "Special Committee") to evaluate and negotiate the equity financing for
the Issuer's proposed transaction with respect to the Towers. On September 27,
2004, an affiliate of Fortress Investment Group LLC ("FIG"), in connection
with the Issuer's bid for the Towers, submitted a commitment letter addressed
to the Issuer to provide up to 50% of the anticipated equity financing for the
proposed transaction with respect to the Towers. On November 19, 2004, in
connection with the Issuer's submission of a revised bid to Sprint, FIG, on
behalf of itself and its affiliates, submitted to the Issuer a commitment
letter to provide up to $400 million of equity financing to the Issuer, with
the expectation that one or more large institutional investors would also
participate. On January 31, 2005, the Issuer submitted a revised bid to
Sprint. On February 1, 2005, the Issuer and Sprint entered into an exclusivity
agreement in connection with the Sprint Transaction. On February 4, 2005, FIG
submitted another commitment letter to the Issuer, as required by the Sprint
bidding procedures, pursuant to which certain of its affiliates agreed to
provide up to $450 million in equity financing to the Issuer in connection
with the Issuer's revised bid for the proposed transaction with Sprint. In
connection with the Issuer's successful bid for the Towers and FIG's
commitment for equity financing for the Sprint Transaction, the Investors (as
defined below) entered into the Investment Agreement (as defined below). In
entering into the Investment Agreement, the Investors and the Issuer assumed
that the Sprint Transaction will cost approximately $1.25 billion, including
all cost and expenses associated to consummate the Sprint Transaction and that
the Issuer would raise $850 million in debt and require $400 million of equity
to finance. Morgan Stanley Asset Funding Inc. and certain of its affiliates
provided financial advice and assistance to the Issuer in connection with the
Sprint Transaction.
On February 3, 2005 the Special Committee engaged Bear, Stearns & Co.
Inc. ("Bear Stearns") to assist it in analyzing and evaluating the financing
proposal from the Investors and to render an opinion as to the fairness, from
a financial point of view, to the Issuer of the terms
Page 9 of 11
and price to be paid for the common stock to be issued to the Investors in the
financing. On February 7, 2005, Bear Stearns delivered an oral opinion to the
Special Committee, confirmed in writing on February 9, 2005, that as of the
date of the opinion and based upon and subject to the assumptions made,
matters considered, qualifications and limitations set forth in the opinion,
the terms and price to be paid to the Issuer for the Issuer's common stock
issued to the Investors in connection with the Sprint Transaction were fair
from a financial point of view to the Issuer. The foregoing summary of Bear
Stearns' opinion is qualified in its entirety by reference to the full text of
the opinion. On February 7, 2005, the Special Committee determined that it was
advisable, desirable and in the best interests of the Issuer and all of its
stockholders that the Issuer's board of directors approve and authorize the
Investment Agreement and the other transactions contemplated thereby. The
Issuer's board of directors subsequently approved the Investment Agreement and
determined that consummation of the transactions contemplated by the
Investment Agreement were advisable and in the best interests of the Issuer
and all of its stockholders.
On February 14, 2005, in connection with the execution of the Sprint
Agreement, the Issuer entered into an Investment Agreement (the "Investment
Agreement") with (i) Fortress Investment Fund II LLC ("FIF II"), (ii) Abrams
Capital Partners II, L.P., a Delaware limited partnership, Abrams Capital
Partners I, L.P., a Delaware limited partnership, Whitecrest Partners, L.P., a
Delaware limited partnership, Abrams Capital International, LTD, a Cayman
Island limited liability company and Riva Capital Partners, L.P., a Delaware
limited partnership (collectively, "Abrams"), and (iii) Greenhill Capital
Partners, L.P., a Delaware limited partnership, Greenhill Capital Partners
(Executive), L.P., a Delaware limited partnership, Greenhill Capital, L.P., a
Delaware limited partnership, Greenhill Capital Partners (Cayman), L.P., a
Cayman Islands limited partnership, Greenhill Capital Partners (Employees) II,
L.P., a Delaware limited partnership ("Greenhill" and together with FIF II and
Abrams, collectively, the "Investors").
Pursuant to the Investment Agreement, the Investors committed to
purchase, at the Sprint Closing, up to $500 million of the Issuer's common
stock, par value $0.01 per share ("Common Stock"), at a price of $25.50 per
share. Prior to the Sprint Closing, the $500 million aggregate commitment from
the Investors will automatically be reduced by (i) the amount of net proceeds
received by the Issuer from any offering of its equity securities prior to
such date, and (ii) the amount equal to any borrowings in excess of $750
million outstanding under any credit facility or similar agreements provided
to the Issuer in connection with the Sprint Transaction. However, the
Investors' aggregate commitment cannot be reduced below $250 million. Pursuant
to the terms of the Investment Agreement, each of FIF II, Abrams and Greenhill
shall purchase such number of shares of Common Stock equal to 48%, 32% and
20%, respectively, of the total number of shares of Common Stock to be
purchased under the Investment Agreement. The purchase of the shares by the
Investors is conditioned upon the Sprint Closing and will close simultaneously
with the Sprint Closing. In the event an Investor fails to purchase the shares
of Common Stock it is obligated to purchase, the other Investors have the
right, but not the obligation, to purchase such shares. This issuance of these
securities will be made pursuant to an exemption from registration provided by
Section 4(2) of the Securities Act of 1933, as amended.
If the Issuer does not complete an offering of its equity securities
prior to the Sprint Closing, the Investors will issue to the Issuer, at the
closing of the Investment Agreement, a one-time option to purchase from the
Investors such number of shares of Common Stock having a value equal to the
difference between the total consideration paid by the Investors for the
Common Stock at the Sprint Closing and $250 million. This option will be
issued by the Investors pursuant to an Option Agreement among the Investors
and the Issuer. Pursuant to the
Page 10 of 11
Option Agreement, the Issuer will purchase the shares at a price per
share of $26.50. The option is immediately vested upon issuance at the closing
and will expire six months and one day after the Sprint Closing date. If the
Issuer exercises the option, it will purchase shares from each Investor in
proportion to such Investor's participation in the Investment Agreement set
forth above. In the event that the Issuer completes an offering of its equity
securities prior to the Sprint Closing, the Issuer will not be entitled to
this option and no option will be issued by the Investors. The option is
non-transferable.
The Investment Agreement is filed hereto as Exhibit 1.1, the Option
Agreement is filed hereto as Exhibit 1.2 and each is incorporated herein by
reference, and any description thereof is qualified in its entirety by
reference thereto.
Item 6. Contracts, Arrangements, Understandings, or Relationships
With Respect to Securities of the Issuer.
See Item 4 above.
Item 7. Material to be Filed as Exhibits.
Exhibit Description
1.1 Investment Agreement, dated as of February 14, 2005, by and
among Global Signal Inc., Fortress Investment Fund II LLC,
Abrams Capital Partners II, L.P., Abrams Capital Partners I,
L.P., Whitecrest Partners, L.P., Abrams Capital International,
LTD, Riva Capital Partners, L.P., Greenhill Capital Partners,
L.P., Greenhill Capital Partners (Cayman), L.P., Greenhill
Capital Partners (Executives), L.P., Greenhill Capital, L.P.,
and Greenhill Capital Partners (Employees) II, L.P.
1.2 Form of Option Agreement by and among Global Signal Inc.,
Fortress Investment Fund II LLC, Abrams Capital Partners II,
L.P., Abrams Capital Partners I, L.P., Whitecrest Partners,
L.P., Abrams Capital International, LTD, Riva Capital
Partners, L.P., Greenhill Capital Partners, L.P., Greenhill
Capital Partners (Cayman), L.P., Greenhill Capital Partners
(Executives), L.P., Greenhill Capital, L.P., and Greenhill
Capital Partners (Employees) II, L.P.
Page 11 of 11
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 16, 2005
FIG ADVISORS LLC
By: /s/ Randal A. Nardone
----------------------------------
Randal A. Nardone
as Chief Operating Officer of
Fortress Investment Group LLC,
managing member of FIG Advisors LLC
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 16, 2005
FRIT PINN LLC
By: /s/ Randal A. Nardone
----------------------------------
Randal A. Nardone
as Vice President and Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 16, 2005
FORTRESS REGISTERED INVESTMENT TRUST
By: /s/ Randal A. Nardone
----------------------------------
Randal A. Nardone
as Chief Operating Officer
and Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 16, 2005
FORTRESS INVESTMENT FUND LLC
By: /s/ Randal A. Nardone
----------------------------------
Randal A. Nardone
as Chief Operating Officer
and Secretary of Fortress
Fund MM LLC, managing member of
Fortress Investment Fund LLC
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 16, 2005
FORTRESS FUND MM LLC
By: /s/ Randal A. Nardone
----------------------------------
Randal A. Nardone
as Chief Operating Officer
and Secretary
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 16, 2005
FORTRESS INVESTMENT GROUP LLC
By: /s/ Randal A. Nardone
----------------------------------
Randal A. Nardone
as Chief Operating Officer
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 16, 2005
FORTRESS INVESTMENT HOLDINGS LLC
By: /s/ Randal A. Nardone
----------------------------------
Randal A. Nardone
As Manager