THIS IS A LEGAL NOTICE AND IS NOT AN
ADVERTISEMENT

ATTENTION NEW JERSEY
HOMEOWNERS WITH FEDERAL PACIFIC ELECTRIC CIRCUIT BREAKERS

Superior Court of New Jersey,
Law Division: Middlesex
County

DOCKET NO.
L-2904-97

____________________________________________________________

Serag
Yacout, Satish Chaudhary and 432 Owners,
Inc., on behalf of themselves and
all others similarly situated,

v.

Federal Pacific Electric Company, Reliance
Electric Company,

Defendants
.

CLASS ACTION NOTICE

To:      ALL PERSONS OR ENTITIES IN THE STATE OF NEW
JERSEY WHO CURRENTLY OWN, UTILIZE OR POSSESS ANY CIRCUIT BREAKER SOLD OR
MANUFACTURED BY FEDERAL PACIFIC ELECTRIC CO. DURING THE PERIOD 1965 TO 1980,
WHICH BEARS LABELING INDICATING THE BREAKER IS “UL LISTED” OR
CONTAINS A SIMILAR CERTIFICATION THAT THE BREAKER COMPORTS WITH APPLICABLE UL
STANDARDS, AND ANY PERSONS OR ENTITIES WHO HAVE REPLACED SAID BREAKERS SINCE
1991.

1.   Why should I Read This Notice?

If you own Federal Pacific circuit breakers or have replaced
Federal Pacific circuit breakers, please read this notice.  It contains important information.  You may be entitled to monetary damage
and/or other relief. This Notice arises out of a class action lawsuit pending
in New Jersey.  The Court has directed that all
claimants and prospective claimants must identify themselves in response to
this notice on or before April 20, 2005.
If you do not respond, you will lose your rights.

2.   What
Is This Lawsuit About?

This Notice affects many persons who have Federal Pacific circuit
breakers.  The Court has already
determined that Federal Pacific violated the New Jersey Consumer Fraud
Act.  The violation occurred because
FPE cheated during its testing of circuit breakers in order to obtain
Underwriters Laboratories (UL) approval.   The Court has already certified
this action as a class action, but in order for your claim to be considered you
must act now.  If you qualify as
outlined below, you may be entitled to monetary damage and/or other
relief.  The relief may include
three times the cost of replacing your circuit breakers.

3.  Am I Eligible to Pursue a Claim?

Based
on the Court’s rulings, you may be eligible to pursue a claim if you meet
the following criteria:

·
You own a home or building in the State of New Jersey;

·
You must be the owner at the time that FPE Stab-lok circuit breakers
manufactured and sold between June 29, 1971 and July 1, 1980 were installed as
original equipment in your home or building; or you had renovations or
additions done which included circuit breakers made and sold in that period
while you were the owner;

·
The home or building contains original FPE Stab-Lok circuit breakers
(If you do, the circuit breaker panel box will have the name and logo of
Federal Pacific Electric Company and the words Stab-Lok on the breaker panel
box) or you replaced the breakers since 1991.  DO
NOT ATTEMPT TO REMOVE ANY OF THE CIRCUIT BREAKERS – you will be able to
determine whether you have Federal Pacific Electric Company circuit breakers by
looking at the outside of the panel box and/or the inside of the door to the
box.  Please note that if your
panel box or the circuit breakers within the panel box refer to "Federal
Pacific Equipment Inc." it is referring to a different company from
Federal Pacific Electric Company.
If you have Federal Pacific Equipment Inc. circuit breakers they are not
included in this claim;

·
You are not one of the defendants, any entity in which any of the
defendants have a controlling interest, any of the defendants’ past or
present parents, subsidiaries, affiliates, officers and directors; or a retail
or wholesale dealer who sold Federal Pacific circuit breakers and panel boxes.

4.  What Do I Need To Do To Continue To
Pursue a Potential Claim?

If you believe
you are eligible to recover and you wish to remain eligible, you must respond
to this Notice by completing the coupon form below and mailing it to the FPE
Administrator.  THE COMPLETED
COUPON MUST BE POSTMARKED NO LATER THAN APRIL 20, 2005 or you may go
directly to www.yacoutclassaction.com to respond to this Notice; if you do
so, you must do that by April 20, 2005.   If you fail to DO SO, YOUR CLAIM
WILL BE BARRED.

The FPE
Administrator will then mail you an FPE Stab-lok Circuit Breaker Information
Form or you can obtain the Information Form on the website.  The
completed Information Form and any documentation requested therein must be
mailed to the third party administrator AND must be postmarked BY A DATE
SPECIFIED THEREIN.  IF YOU FAIL TO submit a complete
Information Form BY THE DATE SPECIFIED IN THE MATERIALS TO BE FURNISHED, you
will be barred from further participating in this litigation.

Your claim may be subject to
verification and investigation, including an inspection of the circuit breaker
panel board and giving testimony with respect to your claim.

5.  Where Do I Get Additional Information?

This
Notice provides only a summary of matters regarding the litigation and is not
deemed an admission by any party.
You may seek the advice and guidance of your own private attorney, at
your own expense, if you wish.  For
more detailed information, you may review the pleadings, records, and other
papers on file in this litigation, which may be inspected during regular
business hours at the Clerk's Office, Superior Court of New Jersey, Law
Division, located at One JFK
Square, New Brunswick, New Jersey.

If you have any
questions regarding this Notice, you can contact class counsel:

Chase Kurshan
Herzfeld & Rubin, LLC

5N Regent Street, Suite 508

Livingston, New Jersey  07039-1617

Attn: Lisa
Santana

Tel: (973)
535-8840

Email:
[email-masked]

PLEASE DO NOT CONTACT THE COURT OR THE CLERK'S
OFFICE.

The Honorable
Bryan D. Garruto.

(CUT ALONG DOTTED LINE – PLEASE  PRINT)

REQUEST FOR INFORMATION FORM

I
would like to have an FPE Stab-lok Circuit Breaker Information Form mailed to:

Name:______________________________________________________

Address:____________________________________________________

City: ____________________________State
______ Zip Code________

Property Address(es) where FPE Stab-lok circuit breakers are
installed (if different from above address)

Address:____________________________________________________

City:
____________________________State ______ Zip Code________

CERTIFICATION: I HEREBY CERTIFY UNDER PENALTY OF PERJURY THAT (1)
I AM THE ORIGINAL OWNER OF A HOME OR PROPERTY WHERE FPE CIRCUIT BREAKERS ARE
INSTALLED, (2) I CONTINUE TO OWN THE PROPERTY AND (3) THE ABOVE INFORMATION IS
TRUE AND CORRECT.

Signature:_____________________________________ Date:___________

MAIL THIS REQUEST
TO:

Yacout Information
Administrator                                                                               P.O. Box 600727                                                                                                               Jacksonville, FL 32260

Or respond via email at

www.yacoutclassaction.com

www.yacoutclassaction.com

This REQUEST FOR INFORMATION FORM must be completed and sent to the FPE Administrator in
order to continue to remain a member of the class.

THIS FORM OR YOUR EMAIL RESPONSE MUST BE
POSTMARKED OR RECEIVED NO LATER THAN APRIL 20, 2005 in order to maintain any
rights you may have.