91.  Templeton stepped down last month as an independent director on the board of Templeton Growth Fund Limited of Canada.

92.  The acquisition, which had been expected, was formally announced Monday by three independent Smurfit directors.

93.  The brothers will resign from the board and independent directors will be appointed, the company said.

94.  The board also said it will continue its investigation and will form a restructuring committee with two new independent directors.

95.  The board consists of five Fleet Financial officers, the chief executive of Fleet Mortgage and two independent directors.

96.  The buyout is subject to the approval of a committee of independent directors at Mafco Consolidated.

97.  The Australian newspaper reported today that institutional shareholders are pressuring Coles independent director Nick Greiner to persuade Lew to stand down from the board.

98.  The chairman, it said, should be an independent director.

99.  The company also agreed to appoint two new independent directors, defined in the settlement as people who have no personal relationship with Tow.

100.  The company said it would propose two new independent directors at its annual meeting in June.