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• • P R 0 X Y C;AF Corporation 1361 Alps Road, Wayne, NJ 07470 This proxy is solicited on behalf of the Board of Directors for the Annual Meeting on Aprit 27, 1987 r oe • • t SF€ SIAtr 1795M 10 wise to P 0 Box 7780, Church Street Statlon, New York, NY h "Comments' box on the reverse slde o thls card.) Your vote is important! Please sign and date on the reverse and return promptly in the enclosed postage-paid envelope or 242 7780 e Id includes shares, If any, he m * and, if registrations are identical, shares held in PAYSOP. (it you nave wrltten In the above space, ~lease mark the Class I Nominees are: William P. Lyons. Scott A. Rogers. Jr., and Carl R. Eckardt. The number of shares reported on the reverse side of this card dividend reinvestment olan ' th 1 The undersigned hereby appoints Irving Kagan and Raymond J. Lacroix, and each of them, proxtes, with full power of substitution, to vote all shares of Common Stock of the undersigned at the Annual Meeting of ~ Shareholders to be held April 27, 1987, and at any adjournment thereof, upon ail subjects that may proper!y come before the meeting including the matters described in the proxy statement furnished herewith, subject to any directions indicated on the reverse side of this card. If no directions are given, the proxies will vote for ~ I sted ooni the reverse of this ca dsand at he accordance disc elt onhonDanytotherematterehatatmay p opeeriy come before the meeting. .~ Your vote for the election of Directors may be indicated on the reverse. Comments (change of address. etc.) X The Board of Directors recommends t F Pleas mark your votbs as in this sacampl.. This proxy, when properly exec t d u e , will be voted in the manner directed herein. if no direction Is made, this proxy will be voted FOR election of directors, FOR proposals 2 and 3, and AGAINST proposal 4 t. Election of Directors. (see reverse) FOR e - vo OR proposala 1, 2 and 3. WITHHELD FOH A INST AsSTAIN Foc exoept vote withheld from the following nommeetsl 2 Adophon of amendment to CertifiCate of Incorporauon to limit Oirectors' habtlity, 7 FOR L 1839 AGAINST A13TAlN 3 Approvai ~t ndependent accountants 1 AoproVai Of snarennider proposal to ao,end tne Cen,hcate o1 incorporatton to ~ec!ass,ty me 9oard of O,rectors Li Please s:gn axacny as nam,e aopears nereon 'omt owners snomd eacn sign Nhen signing as attorney executor aom,nistrator trustee or guardian J,ease gve ruu rt;e as sucn T'~e s~gner lereby revokes all prcx,es hererofore given by the signer to vote at said meet,ng :r any aolournment tnereoi • SIG4diLRE$i Comments on Reverse Side WE 2048181248 r .