Tobacco Documents Online

i Gordon C. McKeague Manager. Corporate Development September 12, 1977 Standard Oil Company (Indiana) 200 East F1and'olph Drive Post Office Box 5910-A Chicago. Illinois 60680 312-856-2685 Telex: 25-3731. To Tendering Stockholders of Cetus Corporation: At the end of the offer period described in Standard's Offer to Purchase dated August 17, 1977, tenders totalling 313,363 Common Shares and 16,503 Preferred Shares had been received. Standard elected to purchase 42 0 of the Common Shares and 61% of the Preferred Shares of each tendering stockholder. Shares purchased were rounded to the nearest full share to avoid the purchase of fractional shares.. ..-.,. .:. . _ .. ...: . : :,. . . . . - _. . ~1'i'`.,~. Ol. ~ Enclosed herewith is (i) a check for the purchase price of~the Shares purchased from you and (ii) a'stock "certificate,(6r certificates) representing the balance of your tenclered. Shares. GCT ZZr~ Standard now owns approximatelp 50 3$ of the outstanding Preferred Shares of Cetus Corporation and 7% of the outstanding Common Shares. . GCM/jcl Enclosures I .r 1pMy..W..lb i`+4 .A...w . e3 , ~ ~ ° J ° n,• nr ~ ~ ~',o • O~ u

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