Dime Bancorp Inc (fka DIMEQ)

[MrchntDeth]

To answer the last question, that is Correct!

If you do NOT want shares in the new company, you do not have to make any election at this point in time.

If we win (i.e., are re-classified as Class 12), you have up to one year after the Effective Date to take the money and run.

Hope that helps.

Please let me know if you have any other questions, and I'll do my best to give you my very humble opinion on this Fluster-Cluck.

David

Ps: FWIW, I am not going to return my DIMEQ ballot for MY own DIMEQ shares, as I have a bunch that would get locked if I made an election to take stock. My wife, on the other hand, who has a much smaller DIMEQ position, may return hers just to get some shares in NEW Company (even though this means locking up her 2500 shares of DIMEQ).

But we want to make sure that at least one DIMEQ shareholder opts for new company stock so that Brian Poser doesn't say "See, we offered Class 12 the option to take shares, but nobody wanted to."

This is like a chess game where we are trying to think 10 steps ahead of the lawyer that is SUPPOSED to be on our side.