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r -. f *.r 'the above-identi Red Motions ace hereinafter referred lu collectively es the "Settlement Notions". The settlement Motions me tiled by Rcoryanixetl CFSI Steel Corporat loo on its own heha if anJ on behalf of the other Ue btors in this case as the other Dc btor6 arc olso bou ntl by the underlying settlement ogre emenT.s. The hr_ariny on the Settlement Motions is scheduletl for dune 26, 1995 at )0:30 a.m. before the Honorable Judith A Boulden, Ilnited States Bankruptcy Judge, in her Courtroom in Number ]41 in the Federa] Courthouse, 150 South Main Street, Salt Lake City, Btah 94101. Objections [o the Settlement Motions, or any one of them, must be Eiled with the Bankruptcy Court antl served on the and erslgned counsel in a manner that counsel will receive the objection by no[ later than 9:]D p.m. on June 19, 1995. In the a hs cote or ob7ecC)on, or if a timely filed objection is resolved prtor to the scheduled hearing, the Court may strike the hearing and grant the relief requested without heating. Notice is further given that the Settlement Motions have been filed under seal vi th the Bankruptcy Court in acce rdance wt[h an Older Granting Ex Porte Motion of Reorganized CFSI Steel Corporation Dated April 21, 1995 For Order Autho[)zi ng: (1) The Filing Under Seal Of This EK Porte Motion Mtd The Various Motions By Reo rganizetl CFSI Steel Corporation _7_ Datetl Aprl] 21, 1995 For Orders Approving Settlement Agreements Between Reorganized CFbi Steel Corporation And Various Riau ra nee Companies Involvetl In The Coverage Action, Together With Affidavits In Support The rcoC And (2) Norm And Procedure For llot ice and will remain sealed from public access, subject to further order of the Court, because each o[ the set [lement agreements contains confidentiality provisions. Although the terms of each individual settlement are conE identia 1, a copy of the Memorandum in Su pporC of Notions Filed Under Seal ey Reorganized CFSI Steel Corporation Dated April 21, 1995 For Orders App cooing Set [lement Agreements Between CFbi Steel Corporation and Various Insurance Companies (the "Settlement Memorandum") iz being served on creditors and parties in inte [e st contemporaneously with the service of this Notice. As set forth in Che Settlement Memorandum, the aggregate net amount of all settlements with all the defendant insurance companies, including the prior Court approved settlement vi Ch American Home Assurance Company, is $4,300,000'. T'he Settlement Memorandum should be read in its entirety for Curt her in[ormation concerning the sett lements. 'The aggregate gross settlement amou nC is 54,600,000, however, one of the insurance companies is entitled to dray on letCecs of credit provided by CFSI in [he amount of 5700,000, thereby reducing the net settlement to 54,700,000. _4_