Notes:

This is both a going private transaction and an odd-lot tender offer!

Source of funds: "We anticipate that we will pay for the shares purchased in the Offer and the related fees and expenses from the Company’s deposit account with Greenville Federal. There are no plans for alternative funding."

Odd-lot preference: 'If more than 200,000 shares are tendered, we will purchase all shares tendered at or below the Purchase Price on a pro rata basis, except for “odd lots” (lots held by stockholders of less than 100 shares who tender all of their shares), and conditional tenders whose conditions were not met. We will purchase odd lots on a priority basis."

Final Results: 11/18/2009 - The Company has accepted for purchase 200,006 shares at a purchase price of $6.50 per share, for a total cost of approximately $1,300,000. A total of 303,532 shares were validly tendered and not withdrawn at the $6.50 purchase price. After the purchase of shares tendered by those persons holding fewer than 100 shares, a pro ration factor of 65.47% resulted for the remaining shares tendered at that price.