X0201 4 2003-12-05 0 0000101821 CANAL CAPITAL CORP COWP 0000915696 EDELMAN ASHER B 717 FIFTH AVENUE NEW YORK NY 10022 0 0 0 1 Member of 10% Group Common Stock 2003-12-05 4 J 0 413750 0 D 0 I by Edelman Value Fund Ltd. Common Stock 31300 D Common Stock 1017220 I A.B. Edelman Limited Partnership Common Stock 590186 I Edelman Family Partnership, L.P. Common Stock 43830 I Edelman Value Partners, L.P. Common Stock 26620 I Canal Capital Corporation Retirement Plan Common Stock 8400 I Aile Blanche, Inc. Common Stock 3399 I Felicitas Partners, L.P. Such shares were owned by Edelman Value Fund, Ltd. (the "Fund"), a British Virgin Islands domiciled corporation for which Mr. Edelman serves as investment manager. Mr. Edelman expressly disclaims beneficial ownership of the shares formerly owned by the Fund for purposes of Section 16 of the Exchange Act of 1934, as amended, or otherwise. The shares were distributed as a dividend to the shareholders of the Fund as of December 5, 2003. /s/ Asher B. Edelman 2003-12-09