Ceramic Industry News

CoorsTek to Hold Stockholders' Meeting to Consider Keystone Merger

CoorsTek, Inc. recently announced that its board of directors has set a date of March 18, 2003, for its special meeting of stockholders to vote on CoorsTek's proposed merger with Keystone Acquisition Corp., a wholly owned subsidiary of Keystone Holdings LLC. Keystone Holdings is wholly owned by John K. Coors, CoorsTek's chairman, president and chief executive officer, as well as certain other Coors family members and trusts established for the benefit of various Coors family members. CoorsTek stockholders are being asked to vote on a merger in which Keystone Holdings would acquire the remaining 72.8% of CoorsTek common stock not currently owned by Keystone Holdings. If the merger is completed, CoorsTek stockholders, other than Keystone Holdings, will receive $26 for each share of CoorsTek common stock owned by them. Only stockholders of record -- those who owned shares at the close of business on February 7, 2003 -- will be eligible to vote at the meeting, which will begin at 10 a.m. (Mountain Time) on March 18, at The American Mountaineering Center, 710 Tenth St., Golden, Colo.

For more details, visit http://www.coorstek.com .

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