Bear Stearns’ 1Q Announcement For Monday Will Not Occur

Bear Stearns’ 1Q Announcement For Monday Will Not Occur

Last Update: 3/16/2008 9:14:46 PM

DOW JONES NEWSWIRES

Bear Stearns Cos. (BSC) late Sunday said it won’t announce its first-quarter
earnings on Monday following its agreement earlier to be acquired by JPMorgan
Chase & Co. (JPM).

Bear Stearns was scheduled to originally report Thursday before it pushed the
date up to Monday after news of its liquidity crisis hit financial markets.

The company reached a deal earlier Sunday to sell itself to JPMorgan for $2 a
share, or $236 million. .

(END) Dow Jones Newswires

March 16, 2008 21:14 ET (01:14 GMT)

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