SUPPLIERS’ NOTES DEER & CO.

Deer & Co. reports net income of $25.5 million(US) or 38 cents per share for the third quarter of its 1987 fiscal year vs. a restated quarterly net loss of $33.8 million or 50 cents per share last year. Worldwide net sales for the quarter increased 23% to $1.2 billion from $973 million last year. Total production tonnage was 26% higher for the quarter. The manufacturing and marketing operations incurred a net loss of $1 million in the third quarter this year compared with a net loss of $50 million in 1986.

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