-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C6piMn0F9faFiCRzleKGEoKyWjK48QqKtNd/tXNEagxe1Dm5jVrH0aiJB19MaerS k+7HSLhJPjviUZz5HbhuSw== 0000909518-03-000080.txt : 20030214 0000909518-03-000080.hdr.sgml : 20030214 20030214181634 ACCESSION NUMBER: 0000909518-03-000080 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20030214 GROUP MEMBERS: GE CAPITAL CFE, INC. GROUP MEMBERS: GENERAL ELECTRIC CAPITAL SERVICES, INC. GROUP MEMBERS: GENERAL ELECTRIC COMPANY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STEEL DYNAMICS INC CENTRAL INDEX KEY: 0001022671 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 351929476 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49143 FILM NUMBER: 03569492 BUSINESS ADDRESS: STREET 1: 7030 POINTE INVERNESS WAY STREET 2: SUITE 310 CITY: FORT WAYNE STATE: IN ZIP: 46804 BUSINESS PHONE: 2194593553 MAIL ADDRESS: STREET 1: 7030 POINTE INVERNERSS WAY STREET 2: SUITE 310 CITY: FORT WAYNE STATE: IN ZIP: 46804 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ELECTRIC CAPITAL CORP CENTRAL INDEX KEY: 0000040554 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 131500700 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 260 LONG RIDGE RD CITY: STAMFORD STATE: CT ZIP: 06927 BUSINESS PHONE: 2033574000 MAIL ADDRESS: STREET 1: 260 LONG RIDGE ROAD CITY: STAMFORD STATE: CT ZIP: 06927 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL ELECTRIC CREDIT CORP DATE OF NAME CHANGE: 19871216 SC 13G/A 1 jd2-14_13g.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2)* STEEL DYNAMICS, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 858119100 --------- (CUSIP Number) December 31, 2002 ----------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Exchange 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). Page 1 of __ Pages
- --------------------------------------- ------------------------------------ CUSIP NO. 858119100 13G PAGE 2 OF __ PAGES - --------------------------------------- ------------------------------------ - ---------------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON General Electric Capital Corporation 13-1500700 - ---------------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ---------------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------- ------------- ------------------------------------------------------------------------------------ 5 SOLE VOTING POWER 471,500 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - -------------------------------- ------------- ------------------------------------------------------------------------------------ 6 SHARED VOTING POWER 436,150 (includes all shares beneficially owned by GE Capital CFE, Inc.) - -------------------------------- ------------- ------------------------------------------------------------------------------------ 7 SOLE DISPOSITIVE POWER 471,500 - -------------------------------- ------------- ------------------------------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 436,150 (includes all shares beneficially owned by GE Capital CFE, Inc.) - ---------------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 907,650 (includes all shares beneficially owned by GE Capital CFE, Inc.) - ---------------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------------- ------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.9% - ---------------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON CO - ---------------- ------------------------------------------------------------------------------------------------------------------ Page 2 of __ Pages - --------------------------------------- ------------------------------------ CUSIP NO. 858119100 13G PAGE 3 OF __ PAGES - --------------------------------------- ------------------------------------ - ---------------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON GE Capital CFE, Inc. 06-1471032 - ---------------- ------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ---------------- ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ---------------- ------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------- ------------- ------------------------------------------------------------------------------------ 5 SOLE VOTING POWER 0 NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - -------------------------------- ------------- ------------------------------------------------------------------------------------ 6 SHARED VOTING POWER 436,150 - -------------------------------- ------------- ------------------------------------------------------------------------------------ 7 SOLE DISPOSITIVE POWER 0 - -------------------------------- ------------- ------------------------------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 436,150 - ---------------- ------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 436,150 - ---------------- ------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------------- ------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.9% - ---------------- ------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON CO - ---------------- ------------------------------------------------------------------------------------------------------------------ Page 3 of __ Pages - --------------------------------------- ------------------------------------ CUSIP NO. 858119100 13G PAGE 4 OF __ PAGES - --------------------------------------- ------------------------------------ - ----------------- ----------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON General Electric Capital Services, Inc. 06-1109503 - ----------------- ----------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ----------------- ----------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------- ----------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------------------------------- ------------- ---------------------------------------------------------------------------------- 5 SOLE VOTING POWER Disclaimed (see 9 below) NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ---------------------------------- ------------- ---------------------------------------------------------------------------------- 6 SHARED VOTING POWER Disclaimed (see 9 below) - ---------------------------------- ------------- ---------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER Disclaimed (see 9 below) - ---------------------------------- ------------- ---------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER Disclaimed (see 9 below) - ----------------- ----------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Beneficial ownership of all shares is disclaimed by General Electric Capital Services, Inc. - ----------------- ----------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ----------------- ----------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 Not applicable (see 9 above) - ----------------- ----------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - ----------------- ----------------------------------------------------------------------------------------------------------------- Page 4 of __ Pages - --------------------------------------- ------------------------------------ CUSIP NO. 858119100 13G PAGE 5 OF __ PAGES - --------------------------------------- ------------------------------------ - ---------------- ----------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON General Electric Company 14-0689340 - ---------------- ----------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - ---------------- ----------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------- ----------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------- ------------- ----------------------------------------------------------------------------------- 5 SOLE VOTING POWER Disclaimed (see 9 below) NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - -------------------------------- ------------- ----------------------------------------------------------------------------------- 6 SHARED VOTING POWER Disclaimed (see 9 below) - -------------------------------- ------------- ----------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER Disclaimed (see 9 below) - -------------------------------- ------------- ----------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER Disclaimed (see 9 below) - ---------------- ----------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Beneficial ownership of all shares is disclaimed by General Electric Company. - ---------------- ----------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ---------------- ----------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 Not applicable (see 9 above) - ---------------- ----------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - ---------------- -----------------------------------------------------------------------------------------------------------------
Page 5 of __ Pages This Amendment No. 2 amends and restates in its entirety the statement on Schedule 13G (the "Schedule 13G") filed on February 14, 1997, as amended, by and on behalf of General Electric Capital Corporation, a Delaware corporation ("GE Capital"), GE Capital CFE, Inc, a Delaware corporation ("CFE"), General Electric Capital Services, Inc., a Delaware corporation ("GECS"), and General Electric Company, a New York corporation ("GE"). ITEM 1(A). NAME OF ISSUER: Steel Dynamics, Inc., an Indiana corporation (the "Issuer") ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 6714 Pointe Inverness Way, Suite 200, Fort Wayne, IN 46804 ITEM 2(A). NAME OF PERSON FILING: This statement is being filed by each of: General Electric Capital Corporation; GE Capital CFE, Inc.; General Electric Capital Services, Inc.; and General Electric Company. CFE is a wholly-owned subsidiary of GE Capital. GE Capital is a subsidiary of GECS. GECS is a wholly-owned subsidiary of GE. GE Capital, CFE, GECS and GE are referred to herein collectively as the "Reporting Persons". An agreement among the Reporting Persons that this statement be filed on behalf of each of them is attached hereto as Exhibit A. ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The principal business offices of GE Capital, CFE and GECS are located at 260 Long Ridge Road, Stamford, Connecticut 06927. GE's principal business office is located at 3135 Easton Turnpike, Fairfield, Connecticut 06431. ITEM 2(C). CITIZENSHIP: Each of GE Capital, CFE and GECS is a Delaware corporation. GE is a New York corporation. ITEM 2(D). TITLE AND CLASS OF SECURITIES: Common Stock, $.01 par value per share, of the Issuer ("Common Stock") ITEM 2(E). CUSIP NUMBER: 85811910 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act Page 6 of __ Pages (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1) (ii)(E) (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G) (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J) If this statement is filed pursuant to Rule 13d-1(c), check this box. [ ] ITEM 4. OWNERSHIP. (a) The responses of the Reporting Persons to Row (9) of the cover pages of this Schedule 13G are incorporated herein by reference. (b) The responses of the Reporting Persons to Row (11) of the cover pages of this Schedule 13G are incorporated herein by reference. As of December 31, 2002, GE Capital and CFE beneficially owned in the aggregate 907,650 shares of Common Stock, representing approximately 1.9% of the shares of Common Stock issued and outstanding determined in accordance with Rule 13d-3(d)(1) (based on 47,556,779 shares of Common Stock reported as outstanding as of November 5, 2002 by the Issuer in its Quarterly Report on Form 10-Q filed November 14, 2002). (c) The responses of the Reporting Persons to Rows (5) through (8) of the cover pages of this Schedule 13G are incorporated herein by reference. Each of GECS and GE hereby expressly disclaims beneficial ownership of the shares of Common Stock owned by GE Capital and CFE. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of Common Stock, check the following [X]. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. N/A ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. N/A Page 7 of __ Pages ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. N/A ITEM 9. NOTICE OF DISSOLUTION OF GROUP. N/A ITEM 10. CERTIFICATION. (a) N/A (b) N/A Page 8 of __ Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2003 GENERAL ELECTRIC CAPITAL CORPORATION By: /s/ Richard B. Silva --------------------------------------------------- Name: Richard B. Silver Title: Vice President GE CAPITAL CFE, INC. By: /s/ Timothy G. Kelly --------------------------------------------------- Name: Timothy G. Kelly Title: Vice President GENERAL ELECTRIC CAPITAL SERVICES, INC. By: /s/ Amy Fisher --------------------------------------------------- Name: Amy Fisher Title: Attorney-in-fact GENERAL ELECTRIC COMPANY By: /s/ Amy Fisher --------------------------------------------------- Name: Amy Fisher Title: Attorney-in-fact Page 9 of __ Pages EXHIBIT INDEX EXHIBIT DESCRIPTION ------- ----------- A Joint Filing Agreement, dated February 14, 2003, among GE Capital, CFE, GECS and GE. B Power of Attorney, dated as of March 12, 2002, appointing Amy Fisher as attorney-in-fact for General Electric Company. C Power of Attorney, dated as of March 13, 2002, appointing Amy Fisher as attorney-in-fact for General Electric Capital Services, Inc. Page 10 of __ Pages EX-99 3 jd2-14_exa.txt A EXHIBIT A --------- JOINT FILING AGREEMENT ---------------------- This will confirm the agreement by and among all the undersigned that the Schedule 13G filed on or about this date with respect to the beneficial ownership of the undersigned of shares of the Common Stock, $.01 par value per share, of Steel Dynamics, Inc. is being filed on behalf of each of the undersigned. This agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Dated: February 14, 2003 GENERAL ELECTRIC CAPITAL CORPORATION By: /s/ Richard B. Silva ------------------------------------------------- Name: Richard B. Silva Title: Vice President GE CAPITAL CFE, INC. By: /s/ Timothy G. Kelly ------------------------------------------------- Name: Timothy G. Kelly Title: Vice President GENERAL ELECTRIC CAPITAL SERVICES, INC. By: /s/ Amy Fisher ------------------------------------------------- Name: Amy Fisher Title: Attorney-in-fact GENERAL ELECTRIC COMPANY By: /s/ Amy Fisher ------------------------------------------------- Name: Amy Fisher Title: Attorney-in-fact Page 11 of __ Pages EX-99 4 jd2-14_exb.txt B EXHIBIT B --------- POWER OF ATTORNEY The undersigned, General Electric Company, a New York corporation (hereinafter referred to as the "Corporation") does hereby make, constitute and appoint the persons listed below as the Corporation's true and lawful agent and attorney-in-fact (hereinafter referred to as the "Attorney") to act either together or alone in the name and on behalf of the Corporation for and with respect to the matters hereinafter described. Name of Attorney: Joan C. Amble Daniel Janki Nancy E. Barton Jonathan K. Sprole Kathryn A. Cassidy Barbara J. Gould Iain MacKay Peter J. Munis Leon E. Roday Robert L. Lewis Ward Bobitz Wendy E. Ormond Patricia Merrill Amy Fisher Michael A. Gaudino Mark F. Mylon Robert O. O'Reilly, Sr. Nelson Gonzalez Preston Abbott Ricardo Silva Barbara Lane Michael E. Pralle Murry K. Stegelmann Joseph E. Parsons James Ungari Mark D. Kaplow J. Gordon Smith Stewart Koenigsberg John L. Flannery Kevin Korsh Each Attorney shall have the power and authority to do the following: To execute and deliver any Schedule 13D, Schedule 13G or Forms 3, 4 and 5 or any amendments thereto required to be filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934 on behalf of the Corporation with regard to any securities owned by General Electric Capital Services, Inc., General Electric Capital Corporation or any of their subsidiaries; And, in connection with the foregoing, to execute and deliver all documents, acknowledgments, consents and other agreements and to take such further action as may be necessary or convenient for the Corporation in order to more effectively carry out the intent and purpose of the foregoing. Agreements, commitments, documents, instruments, and other writings executed by the Attorney in accordance with the terms hereof shall be binding upon the Corporation without attestation and without affixation of the seal of the Corporation. The Power of Attorney conferred hereby shall not be delegable by any Attorney. The Attorney shall serve without compensation for acting in the capacity of agent and attorney-in-fact hereunder. Unless sooner revoked by the Corporation, this Power of Attorney shall be governed under the laws of the State of New York and the authority of the Attorney hereunder shall terminate on March 31, 2004. IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be executed, attested and its corporate seal to be affixed pursuant to authority granted by the Corporation's board of directors, as of the 12th day of March, 2002. General Electric Company (Corporate Seal) By: /s/ Phillip D. Ameen ---------------- ------------------------------- Philip D. Ameen, Vice President Attest: /s/ Robert E. Healing - --------------------------------- Robert E. Healing, Attesting Secretary Page 12 of __ Pages EX-99 5 jd2-14_exc.txt C EXHIBIT C --------- POWER OF ATTORNEY The undersigned, General Electric Capital Services, Inc., a Delaware corporation (hereinafter referred to as the "Corporation") does hereby make, constitute and appoint the persons listed below as the Corporation's true and lawful agent and attorney-in-fact (hereinafter referred to as the "Attorney") to act either together or alone in the name and on behalf of the Corporation for and with respect to the matters hereinafter described. Name of Attorney: Iain MacKay Barbara J. Gould Michael A. Gaudino Peter J. Munis Robert O. O'Reilly, Sr. Robert L. Lewis Murry K. Stegelmann Wendy E. Ormond J. Gordon Smith Amy Fisher James Ungari Mark F. Mylon Preston Abbott Nelson Gonzalez Barbara Lane Ricardo Silva Leon E. Roday Michael E. Pralle Ward Bobits Joseph E. Parsons Patricia Merrill Mark D. Kaplow John L. Flannery Stewart Koenigsberg Daniel Janki Kevin Korsh Jonathan K. Sprole Each Attorney shall have the power and authority to do the following: To execute and deliver any Schedule 13D, Schedule 13G or Forms 3, 4 and 5 or any amendments thereto required to be filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934 on behalf of the Corporation with regard to any securities owned by the Corporation, General Electric Capital Corporation or any of their subsidiaries; And, in connection with the foregoing, to execute and deliver all documents, acknowledgments, consents and other agreements and to take such further action as may be necessary or convenient for the Corporation in order to more effectively carry out the intent and purpose of the foregoing. Agreements, commitments, documents, instruments, and other writings executed by the Attorney in accordance with the terms hereof shall be binding upon the Corporation without attestation and without affixation of the seal of the Corporation. The Power of Attorney conferred hereby shall not be delegable by any Attorney. The Attorney shall serve without compensation for acting in the capacity of agent and attorney-in-fact hereunder. Unless revoked by the Corporation, this Power of Attorney shall be governed under the laws of the State of New York and the authority of the Attorney hereunder shall terminate on March 31, 2004. IN WITNESS WHEREOF, the Corporation has caused this Power of Attorney to be executed, attested and its corporate seal to be affixed pursuant to authority granted by the Corporation's board of directors, as of the 13th day of March 2002. General Electric Capital Services, Inc. (Corporate Seal) By: /s/ Nancy E. Barton -------------------------------------- Nancy E. Barton, Senior Vice President Attest: /s/ Brian T. McAnaney - -------------------------------------- Brian T. McAnaney, Assistant Secretary Page 13 of __ Pages -----END PRIVACY-ENHANCED MESSAGE-----