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## A M P H E N O L C O R P O R A T I O N 2 0 0 4 A N N U A L R E P O R T 

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As of January 31, 2005, there were 50 holders of record of the Company's common stock. A significant number of outstanding shares of common stock are registered in the name of only one holder, which is a nominee of The Depository Trust Company, a securities depository for banks and brokerage firms. The Company believes that there are a significant number of beneficial owners of its common stock. 

Since its initial public offering in 1991, the Company has not paid any dividends; however, on January 19, 2005, the Company announced that it will commence payment of a quarterly dividend on its common stock of $.03 per share. The Company expects the first dividend payment to be made on or about April 6, 2005 to shareholders of record as of March 15, 2005. The Company intends to retain the remainder of its earnings to provide funds for the operation and expansion of the Company's business, repurchase shares of its common stock and to repay outstanding indebtedness. 

At December 31, 2003, Kohlberg Kravis Roberts & Co. L.P. ("KKR") owned 27.2% of the Company’s Class A Common Stock. During the third quarter of 2004, partnerships affiliated with KKR sold all their Class A Common Stock and, as such, owned none of the Company's Class A Common Stock as of December 31, 2004. In 2004, 2003 and 2002, the Company paid KKR fees of $0.5 million, $0.9 million, and $1.0 million, respectively for management and consulting services. 

The following table summarizes our equity compensation plan information as of December 31, 2004: 

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