SCHEDULE 13D
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CUSIP No. 637277104
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Page 1 of 13
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 18)
NATIONAL R.V. HOLDINGS, INC.
(Name of Issuer)
Common Stock par value $0.01
(Title of Class of Securities)
637277104
(CUSIP Number)
Peter DiIorio, Esq.
Heller Ehrman White & McAuliffe LLP
120 West 45th Street, New York, New York 10036, (212) 832-8300
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 28, 2001
(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 which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13-d-1(b)(3) or (4), check the following box [ ].
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purposes 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).
SCHEDULE 13D
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CUSIP No. 637277104 Page 12 of 13 Pages
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1. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gary N. Siegler
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
PF, OO
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5. CHECK BOX 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
United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7. SOLE VOTING POWER
584,571 (Includes 513,044 options)
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8. SHARED VOTING POWER
143,274
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9. SOLE DISPOSITIVE POWER
584,571 (Includes 513,044 options)
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10. SHARED DISPOSITIVE POWER
143,274
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
727,845 (Includes 513,044 options)
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
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14. TYPE OF REPORTING PERSON
IN
1.
NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter M. Collery
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCE OF FUNDS
PF, OO
--------------------------------------------------------------------------------
5. CHECK BOX 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
United States
--------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
113,996 (includes 113,750 underlying options)
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8. SHARED VOTING POWER
148,274
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9. SOLE DISPOSITIVE POWER
113,996 (includes 113,750 underlying options)
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10. SHARED DISPOSITIVE POWER
148,274
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
262,270 (includes 113,750 underlying options)
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.7%
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14. TYPE OF REPORTING PERSON
IN
15.
NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Siegler, Collery & Co.
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16. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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17. SEC USE ONLY
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18. SOURCE OF FUNDS
OO
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19. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(E) [ ]
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20. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
21. SOLE VOTING POWER
0
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22. SHARED VOTING POWER
118,793
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23. SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
24. SHARED DISPOSITIVE POWER
118,793
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25. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
118,793
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26. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
27. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2%
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28. TYPE OF REPORTING PERSON
CO
29.
NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
SC Fundamental, LLC Employees' Savings and Profit Sharing Plan
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30. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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31. SEC USE ONLY
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32. SOURCE OF FUNDS
OO
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33. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(E) [ ]
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34. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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35. SOLE VOTING POWER
0
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36. SHARED VOTING POWER
5,000
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37. SOLE DISPOSITIVE POWER
0
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38. SHARED DISPOSITIVE POWER
5,000
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39. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,000
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40. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
41. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.05%
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42. TYPE OF REPORTING PERSON
EP
43. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
The Gary N. Siegler Foundation
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44. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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45. SEC USE ONLY
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46. SOURCE OF FUNDS
OO
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47. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(E) [ ]
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48. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
49. SOLE VOTING POWER
0
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50. SHARED VOTING POWER
42,057
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51. SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
52. SHARED DISPOSITIVE POWER
42,057
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53. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
42,057
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54. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
55. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.4%
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56. TYPE OF REPORTING PERSON
OO
57. NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Arena Capital Corp.
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58. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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59. SEC USE ONLY
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60. SOURCE OF FUNDS
OO
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61. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(E) [ ]
--------------------------------------------------------------------------------
62. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
--------------------------------------------------------------------------------
63. SOLE VOTING POWER
0
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64. SHARED VOTING POWER
24,481
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65. SOLE DISPOSITIVE POWER
0
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66. SHARED DISPOSITIVE POWER
24,481
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67. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
68. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
69. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.25%
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70. TYPE OF REPORTING PERSON
CO
AMENDMENT NO. 18
TO THE
SCHEDULE 13D
This statement constitutes Amendment No. 18 to the Schedule 13D relating to
the Common Stock, par value $0.01 per share ("Common Stock"), of National R.V.
Holdings, Inc. (the "Issuer") filed by Gary N. Siegler ("Siegler"), Peter M.
Collery ("Collery"), Siegler, Collery & Co. ("SCC"), SC Fundamental LLC
Employees' Savings and Profit Sharing Plan ("Employee Plan"), The Gary N.
Siegler Foundation, ("Foundation") and Arena Capital Corp ("Capital")
(collectively, the "Reporting Persons"). On December 28, 2001, Arena-NRV
Investors, L.P. ("Arena") and Insight Investors, L.P. ("Insight") distributed
all of the shares of Common Stock of the Issuer beneficially owned by it to
their respective partners. Consequently, neither Insight nor Arena are Reporting
Persons any longer. In addition, RV Dolphin Partners, L.P. ("R.V. - Dolphin"),
Dolphin Partners II, L.P. ("Dolphin II") and Motorhome Partners, L.P.
("Motorhome") made liquidating distributions. Consequently, neither R.V. -
Dolphin, Dolphin II nor Motorhome are Reporting Persons any longer.
Item 5. Interest in Securities of the Issuer
(a) As of the close of business on December 28, 2001, the Reporting
Persons, by virtue of the language of Rule 13d-3(d)(1)(i), may be deemed to own
beneficially in the aggregate the number and percentage of the Issuer's Common
Stock set forth opposite their names below (based upon 9,716,593 Shares that
were reported to be outstanding by the Issuer on November 13, 2001 in its Form
10-Q for the year ended September 30, 2001).
Shares of
Name Common Stock Percentage
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Gary N. Siegler (1) 727,845 7.1%
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Peter M. Collery (2) 262,270 2.7%
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SC Fundamental, LLC 5,000 .05%
Employees Savings and Profit
Sharing Plan
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Siegler, Collery & Co. 118,713 1.2%
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The Gary N. Siegler Foundation 42,057 0.4%
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Arena Capital Corp. 24,481 .25%
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_______________________
(1) Includes 435,930 shares underlying options held
through a grantor retained annuity trust (the "GRAT") established by Mr. Siegler
for the benefit of his family members and 77,114 shares underlying options held
directly by Mr. Siegler.
(2) Includes 113,750 shares underlying options.
Siegler and Collery, by virtue of their status as controlling stockholders,
directors and executive officers of Capital, may be deemed to share with Capital
the power to vote or direct the vote and dispose or direct the disposition of
shares of Common Stock of which Capital to is the direct beneficial owner.
Siegler and Collery, by virtue of their status as controlling stockholders,
directors and executive officers of SCC may be deemed to share with SCC the
power to vote or direct the vote and to dispose or direct the disposition of
shares of Common Stock of which SCC is the direct beneficial owner.
Collery, by virtue of his status as a trustee of the Employee Plan, may be
deemed to share with Employee Plan the power to vote or direct the vote and to
dispose or direct the disposition of shares of Common Stock of which Employee
Plan is the direct beneficial owner.
Siegler, by virtue of his status as the sole director and officer of
Foundation, may be deemed to share with Foundation the power to vote or direct
the vote and to dispose or to direct the disposition of shares of Common Stock
of which Foundation is the direct beneficial owner.
Siegler, by virtue of his status of a co-trustee exercising sole power to
vote or direct the vote and to dispose or to direct the disposition of shares of
Common Stock of which the GRAT is the direct owner, is deemed the beneficial
owner of the shares held in the GRAT.
Siegler has the sole power to vote or direct the vote and to dispose or to
direct the disposition of 71,527 shares of Common Stock of which he is the
direct beneficial owner.
Collery has the sole power to vote or direct the vote and to dispose or to
direct the disposition of 246 shares of Common Stock of which he is the direct
beneficial owner.
The following table sets forth the transactions effected by each of the
Reporting Persons listed in Item 5(a) during the past 60 days. Unless otherwise
noted, each of the transactions set forth below reflects a sale effected on the
Nasdaq National Market.
Trade Price Per
Date Share ($) Siegler
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11/19/01 8.0183 29,000
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11/20/01 8.1643 24,500
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12/7/01 9.8291 5,800
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12/10/01 9.6878 3,700
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12/10/01 9.70 3,000
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12/11/01 9.80 300
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12/12/01 9.6361 13,200
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12/14/01 9.0981 2,600
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12/18/01 8.90 1,900
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12/18/01 8.90 1,800
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12/19/01 9.5517 4,200
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12/20/01 9.45 2,000
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In addition, on December 28, 2001, Insight and Arena distributed all of the
shares of Common Stock of the Issuer beneficially owned by them to their
respective partners. From these distributions, SCC, Capital, Siegler and Collery
received 91,357, 24,481, 492 and 246 shares of Common Stock, respectively.
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
Dated: January 4, 2002
SCHEDULE 13D
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CUSIP No. 637277104 Page 12 of 13 Pages
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SIEGLER, COLLERY & CO.
By: /s/ Gary N. Siegler .
Gary N. Siegler, as President
SC FUNDAMENTAL LLC
EMPLOYEES SAVINGS AND
PROFIT SHARING PLAN
By: /s/ Neil H. Koffler .
Neil H. Koffler as Attorney
in-Fact for Peter M.
Collery, Trustee (1)
THE GARY N. SIEGLER
FOUNDATION
By: /s/ Gary N. Siegler .
Gary N. Siegler, as President
ARENA CAPITAL CORP.
By: /s/ Gary N. Siegler .
Gary N. Siegler, as President
/s/ Gary N. Siegler .
Gary N. Siegler
/s/ Neil H. Koffler .
Peter M. Collery by Neil H. Koffler,
as Attorney-in-Fact (1)
SCHEDULE 13D
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CUSIP No. 637277104 Page 13 of 13 Pages
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(1) Executed by Neil H. Koffler as Attorney-In-Fact for Peter M. Collery.
The Powers of Attorney for Mr. Collery was filed as Exhibit A to Amendment No. 5
to Schedule 13D relating to US Facilities Corporation on August 4, 1995 and is
hereby incorporated herein by reference.