D&L Industries, Inc. appointed Mr. Dean A. Lao, Jr, Mr. Lester A. Lao and Mr. Vincent D. Lao as Managing Directors. The appointment were subsequently made known and accepted by the individuals. By virtue of their appointments Mr. Dean A. Lao, Jr, Mr. Lester A. Lao and Mr. Vincent D. Lao are considered by the Corporation as part of senior management.