-----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, Ihdf0+0LAeo1vZ38+U2Rs05aN7r0Q8cafiQhdMCljT1L83unsAaAC/5TC1C82Jeg xJoHhrMRbRJBUUKbkYy9/w== 0000075234-02-000034.txt : 20021209 0000075234-02-000034.hdr.sgml : 20021209 20021209151334 ACCESSION NUMBER: 0000075234-02-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021231 ITEM INFORMATION: Other events FILED AS OF DATE: 20021209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OWENS CORNING CENTRAL INDEX KEY: 0000075234 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] IRS NUMBER: 344323452 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03660 FILM NUMBER: 02852203 BUSINESS ADDRESS: STREET 1: OWENS CORNING WORLD HEADQUARTERS STREET 2: ONE OWENS CORNING PKWY CITY: TOLEDO STATE: OH ZIP: 43659 BUSINESS PHONE: 4192488000 MAIL ADDRESS: STREET 1: OWENS CORNING WORLD HEADQUARTERS STREET 2: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 FORMER COMPANY: FORMER CONFORMED NAME: OWENS CORNING FIBERGLAS CORP DATE OF NAME CHANGE: 19920703 8-K 1 f8k_4q02.txt 8-K WITH ATTACHED PRESS RELEASE EX. 99 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ------------------ Date of Report: December 9, 2002 (Date of earliest event reported) OWENS CORNING (Exact Name of Registrant as Specified in its Charter) Delaware 1-3660 34-4323452 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) One Owens Corning Parkway Toledo, Ohio 43659 (Address of Principal Executive Offices) (419) 248-8000 (Registrant's telephone number, including area code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Item 5. December 9, 2002 Press Release. On December 9, 2002, Owens Corning issued the press release attached hereto as Exhibit 99. Such press release is incorporated herein by this reference. Item 7. Financial Statements and Exhibits. (c) Exhibits. Exhibit Number Description - -------------- ----------- 99 Press Release of Owens Corning dated December 9, 2002 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OWENS CORNING Date: December 9, 2002 By: /s/ Michael H. Thaman ---------------------- Michael H. Thaman Chief Financial Officer EXHIBIT INDEX Exhibit Number Description - -------------- ----------- 99 Press Release of Owens Corning dated December 9, 2002. EX-99 3 f8kex99_4q02.txt PRESS RELEASE REGARDING DELISTING FROM NYSE Exhibit 99 ---------- Owens Corning World Headquarters One Owens Corning Parkway Toledo, OHIO 43659 419.248.8000 Contact: Steve Krull Vice President, Corp. Communications 419/248-8650 OWENS CORNING NOTIFIED BY NYSE THAT ITS STOCK COULD BE DELISTED TOLEDO, Ohio, Dec. 9, 2002 - Owens Corning (NYSE: OWC) announced today that it has been notified by the New York Stock Exchange (NYSE) that its listed common stock has fallen below the NYSE continued listing criteria requiring an average closing price of not less than $1 over a consecutive 30 trading-day period. The NYSE also noted that the company is close to falling below another criteria requiring an average market capitalization of not less than $50 million over a 30 trading-day period and stockholders' equity of not less than $50 million. While the NYSE has procedures allowing such deficiencies to be cured within prescribed time periods, the company has advised the NYSE that, due to the uncertainties associated with the ultimate schedule and outcome of the company's Chapter 11 proceedings, the company is unable at this time to propose a plan to cure the referenced existing and pending deficiencies within the time periods allowed by the NYSE's rules. As a result, the company's common stock ($.10 par value) is subject to the NYSE's suspension and delisting procedures. In the event that the company's common stock is delisted by the NYSE, the company believes that alternative trading venues, such as the over-the-counter market, may be available for its common stock. Owens Corning is a world leader in building materials systems and composite systems. Founded in 1938, the company had sales of $4.8 billion in 2001 and employs approximately 19,000 people worldwide. Additional information is available on Owens Corning's Web site at www.owenscorning.com or by calling the company's toll-free General Information line: 1-800-GETPINK. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in these statements. Further information on factors that could affect the company's financial and other results is included in the company's Forms 10-Q and 10-K, filed with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----