Delisting Determination,The Nasdaq Stock Market, LLC,
October 10, 2007, Hines Horticulture, Inc. The Nasdaq Stock
Market, LLC (the Exchange) has determined to remove
from listing the common stock of Hines Horticulture,
Inc. (the Company), effective at the opening of
business on October 22, 2007. Based on a review of the
information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for
listing on the Exchange as it failed to comply with
the following Marketplace Rules: 4310(c)(14) and
4450(a)(03). The Company was notified of Staffs
determinations on April 18, 2007, May 17, 2007 and
July 13, 2007.  The Company requested a review of the
Staffs determination before the Listing Qualifications
Hearings Panel. Upon review of the information provided
by the Company,the Panel determined that the Company
did not qualify for inclusion on the Exchange based
on its failure to comply with the following
Marketplace Rule: 4310(c)(14) and 4450(a)(03). The
Company was notified of the Panels decision on
AUgust 6, 2007 and trading in the Companys securities
was suspended on August 8, 2007. The Company did not
request a review of the Panels decision by the Nasdaq
Listing and Hearing Review Council.  The Listing Council
did not call the matter for review. The Panels Determination
to delist the Company became final on September 20, 2007.