EX-23.2 6 exhibit23-2.txt Exhibit 23.2 INFORMATION REGARDING CONSENT OF ARTHUR ANDERSEN LLP Section 11(a) of the Securities Act of 1933, as amended (the "Securities Act"), provides that if part of a registration statement at the time it becomes effective contains an untrue statement of a material fact, or omits a material fact required to be stated therein or necessary to make the statements therein not misleading, any person acquiring a security pursuant to such registration statement (unless it is proved that at the time of such acquisition such person knew of such untruth or omission) may assert a claim against, among others, an accountant who has consented to be named as having certified any part of the registration statement or as having prepared any report for use in connection with the registration statement. In June of 2002, Arthur Andersen LLP ("Andersen") was convicted of obstructing justice, which is a felony offense. The SEC prohibits firms convicted of a felony from auditing public companies. Andersen is thus unable to consent to the incorporation by reference of the Company's previously filed Registration Statements on Form S-8 (Registration No. 333-20603), and on Form S-3 (Registration No. 333-20645), and Andersen's audit report with respect to Sussex Bancorp's consolidated financial statements as of December 31, 2001. Under these circumstances, Rule 437a under the Securities Act permits Sussex Bancorp to file this Annual Report on Form 10-KSB, which is incorporated by reference into the Registration Statements, without a written consent from Andersen. As a result, with respect to transactions in Sussex securities pursuant to the Registration Statements that occur subsequent to the date this Annual Report on Form 10-KSB is filed with the Securities and Exchange Commission, Andersen will not have any liability under Section 11(a) of the Securities Act for any untrue statements of a material fact contained in the financial statements audited by Andersen or any omissions of a material fact required to be stated therein. Accordingly, you would be unable to assert a claim against Andersen under Section 11(a) of the Securities Act.