OWENS CORNING WORLD HEADQUARTERS
ONE OWENS CORNING PARKWAY
TOLEDO, OHIO 43659

 

January 2, 2002

 

TO ALL PRESENT AND FORMER EMPLOYEES OF
OWENS CORNING AND ITS AFFILIATED
DEBTORS AND DEBTORS-IN-POSSESSION

    As you are aware, Owens Corning and its affiliated debtors and debtors-in-possession (the "Debtors") filed for chapter 11 protection on October 5, 2000.  Pursuant to an Order of the Bankruptcy Court, the Debtors were authorized to pay, and have paid, their employees' pre-petition wages and benefits as well as other employment-related obligations (including deferred compensation).

    However, if you believe you have an unpaid claim for wages or any other claims other than for deferred compensation that arose before October 5, 2000, you should call 1-866-773-8653 or visit Owens Corning's chapter 11 claim website at www.occlaims.com for information regarding the procedures for filing a proof of claim against the Debtors.

    The deadline for filing proofs of claim against the Debtors is April 15, 2002 at 4:00 p.m., prevailing Pacific time.  If you have a claim against the Debtors other than a claim for deferred compensation, but fail to file a proof of claim before the deadline, you will lose your right to assert such claim against the Debtors in the future and will not receive any distribution with respect to such claim.  Filing a claim does not necessarily entitle you to compensation.

    Thank you for your attention to this matter.