Able Telcom Holding Corp.

No. Date Reports
30 December 2, 1999 Able Telcom discloses SEC investigation of its accounting fraud.

29 March 17, 1999 Able reduces preferred price to $3.50. Continues to report false earnings.

28 March 1, 1999 Able faces possible delisting. Arthur Anderson opinion flagrantly fraudulent.

27 February 26, 1999 Able pays Kaufman Bros., L.P.

26 February 26, 1999 Able’s accounting fraud fully exposed.

25 February 24, 1999 Able discloses rapid financial deterioration and insolvency.

24 February 22, 1999 Able recap fraud exposed.

23 February 4, 1999 NJ legislator requests E-Z Pass investigation.

22 February 4, 1999 Able’s Virginia bid has not been approved or awarded.

21 February 2, 1999 Able admits receiving redemption notice.

20 February 1, 1999 Able Telcom fails to file 10-K.

19 January 27, 1999 Able’s Young and his Interfiducia.

18 January 27, 1999 Hancock confirms Able Telcom’s insolvency.

17 January 25, 1999 Analysis of NJTA’s letter agreement with Able’s MFS NT.

16 January 25, 1999 Able’s scheduled restructuring.

15 January 20, 1999 Able’s failure exposes New Jersey official.

14 January 20, 1999 Able Telcom’s EZ Pass leader resigns.

13 January 14, 1999 Able Telcom restates NYSTA deal.

12 January 12, 1999 Able’s Deal Short and Misrepresented.

11 January 11, 1999 Able Telcom’s stock rises after analyst issues false report.

10 January 8, 1999 Able Telcom defaults on stock registration obligation and fails to repay notes.

9 January 8, 1999 Able Telcom declared in default of New Jersey E-ZPass project contract.

8 September 15, 1998 Able fails to file Form 10Q and its auditors resign.

7 September 1, 1998 Able Telcom fails to pay secured debt obligation.

6 August 21, 1998 Able Telcom director charged with fraud.

5 August 20, 1998 Able’s new hires fail to replace lost MFS officers.

4 August 14, 1998 Able Telcom obligated to prepay Senior Subordinated Notes.

3 July 17, 1998 Able attempts to blame stock drop on preferred.

2 July 17, 1998 Yesterday’s Able filings reveal undisclosed damaging information.

1 July 16, 1998 Able’s dire financial condition begins to unfold.