AFG INDUSTRIES INC.

ADDRESS: 18200 Von Karman Ave., Irvine. BUSINESS: The company is an integrated producer of flat glass, primarily for the residential construction, remodeling and non-residential construction markets. ASSETS: $519.7 million (at Dec. 31, 1986). NUMBER OF EMPLOYEES: 3,632. TOP EXECUTIVES

Name Position Compensation R.D. Hubbard Chairman, chief executive officer $948,340 Wayne G. Basler President 372,092 Raymond C. Cunningham Executive vice president 200,000 Gary G. Miller Treasurer 188,339

Source: AFG proxy report dated March 6. BOARD OF DIRECTORS Name: R.D. Hubbard Age: 51 Occupation: Chairman and chief executive of the company Shares owned: 3,025,049 % of total shares: 12.8 Name: Wayne G. Basler Age: 56 Occupation: President of the company Shares owned: 1,367,517 % of total shares: 5.0 Name: John H. McKay Age: 63 Occupation: Former head coach and president, Tampa Bay Buccaneers Shares owned: -- % of total shares: -- Name: Lawrence M. Jones Age: 55 Occupation: Chairman of the executive committee, Coleman Co. Shares owned: -- % of total shares: -- Name: Donald M. Koll Age: 53 Occupation: Chairman and chief executive, Koll Co. Shares owned: 10,500 % of total shares: -- Name: Fred L. Cason Age: 58 Occupation: Chairman and executive vice president, Executive Park National Bank Shares owned: -- % of total shares: -- Name: Fran D. Jabara Age: 62 Occupation: Professor, Wichita State University Shares owned: 111,621 % of total shares: 0.4 Source: AFG proxy report dated March 6. OTHER MAJOR SHAREHOLDERS

Shares % of total Name owned shares Fidelity International Ltd., Bermuda 1,224,612 4.6 FMR Corp., Boston 1,006,599 3.8

FINANCIAL RESULTS Year ends Dec. 31. Earnings and revenue in millions of dollars.

9 months 1987 1986 1985 1984 Sales $360.3 $405.9 $320.0 $281.9 Earnings 45.9 53.3 21.1 18.1 Per share 1.81 3.35 1.41 1.21

STOCK DATA Stock exchange, symbol New York, AFG Shares outstanding (Oct. 27) 25,970,529 52-week high $32.50 52-week low $19 Friday’s closing price per share $27, up 12.5 cents Market value of common stock $701.2 million