Exhibit 1 Condensed Operating and Stockholder Information, Robertson Tool Company (millions of dollars except per-share data)
	1998	1999	2000	2001	2002
Operations
Sales	$ 48.5	$ 49.1	$ 53.7	$ 54.8	$ 55.3
Cost of Goods	32.6	33.1	35.9	37.2	37.9
Selling, General and
Administrative Costs	10.7	11.1	11.5	11.9	12.3
Depreciation Expense	2.0	2.3	2.4	2.3	2.1
Interest Expense	.4	.7	.8	.8	.8
Income Before Taxes	2.8	1.9	3.1	2.6	2.2
Taxes	1.1	.8	1.2	1.0	.9
Net Income	$1.7	$1.1	$1.9	$1.6	$1.3
Percentage of Sales
Cost of Goods	67%	67%	67%	68%	69%
Sell, Gen'l, Admin.	22%	23%	21%	22%	22%
Operating Income	6.6%	5.3%	7.3%	6.2%	5.4%
Stockholder Information
Earnings Per Share	$ 2.91	$ 1.88	$ 3.25	$ 2.74	$ 2.23
Dividends Per Share	1.60	1.60	1.60	1.60	1.60
Book Value Per Share	49.40	49.68	51.33	52.47	53.10
Market Price	33-46	35-48	29-41	25-33	23-32
Price/Earnings Ratio	11-16	10-26	9-13	9-12	10-14
Shares Outstanding	584,000	584,000	584,000	584,000	584,000

Exhibit 2 Balance Sheet at December 31, 2002, Robertson Tool Company (millions of dollars)
Assets			Liabilities and Net Worth
Cash	$ 1		Accounts Payable	$ 2
Accounts Receivable	8		Other	2
Inventories	18		Current Liabilities	4
Other	1		Long-term Debt	12
Current Assets	28
Net Plant and Equipment	19		Net Worth	31
Total Assets	$ 47		Total	$ 47
Collection Period (days)	53		Debt as % Capital	28%
Days of Inventory (days)	173		Total Assets/Net Worth	1.52
Sales/Total Assets	1.18

Simulate a RTC buyout and recommend a price based upon capital structure consisting of 30% equity, 45% bank debt (@5% interest) and 25% subordinated debt (@ 8.5% interest).

Exhibit 3 Condensed Operating and Stockholder Information, NDP Corporation (millions of dollars except per-share data) 1998 1999 2000 2001 2002 Operations Sales $ 45 $ 97 $ 99 $ 98 $ 100 Net Income 1.97 3.20 3.20 1.13 2.98 Financial Position Current Assets $ 25 $ 46 $ 49 $ 41 $ 46 Current Liabilities 6 11 15 10 13 Net Working Capital 19 35 34 31 33 Long-term Debt 10 18 16 15 17 Shareholders' Equity 21 36 4O 41 41 Stockholders Information Earnings per Share $ .78 $ .61 $ .59 $ .21 $ .54 Dividends per Share 0 0 0 .20 0 Book Value per Share 8.31 6.86 7.37 7.38 7.45 Market Price 6-17 10-18 7-18 4-10 5-8 Price / Earnings Ratio 8-22 16-30 12-31 1948 9-15 Shares Outstanding 2,525,600 5,245,900 5,430,100 5,510,000 5,501,000 Exhibit 4 Pro-Formas for Robertson Tool; Prepared by Messrs. Vincent and Rudd (millions of dollars) Actual Forecasts 2002 2003 2004 2005 2006 2007 to Infinity Sales $ 55.3 $ 58.6 $ 62.1 $ 65.9 $ 69.8 $69.8 Cost of Goods 37.9 39.8 41.6 43.5 45.4 45.4 Gross Profit 17.4 18.8 20.5 22.4 24.4 24.4 Sell & Admin 12.3 12.3 12.4 12.5 13.3 13.3 Depreciation 2.1 2.3 2.5 2.7 2.9 2.9 EBIT 3.0 4.2 5.6 7.2 8.2 8.2 Tax @ 40% 1.2 1.7 2.2 2.9 3.3 3.3 EBIAT $ 1.8 $ 2.5 $ 3.4 $ 4.3 $ 4.9 $ 4.9 COGS % Sales 69% 68% 67% 66% 65% 65% Sell & Admin % Sales 22% 21% 20% 19% 19% 19% Net Plant & Equip @ Beginning of Year $ 19.0 $ 20.7 $21.7 $ 22.6 $ 23.5 Capital Expenditures (4.0) (3.5 3.6) 3.8) (2.9) Depreciation Expense 2.3 2.5 2.7 2.9 2.9 Net Plant & Equip @ End of Year $ 20.7 $ 21.7 $ 22.6 $ 23.5 $ 23.5 Exhibit 5 Five-Year Forecast of Monmouth, Inc., Earnings, Excluding Robertson Tool (millions of dollars except per-share data) 2003 2004 2005 2006 2007 Net Income $ 11.0 $ 11.9 $ 12.8 $ 13.8 $ 15.0 Shares Outstanding (mil) 4.21 4.21 4.21 4.21 4.21 Earnings per Share $ 2.61 $ 2.83 $ 3.04 $ 3.27 $ 3.56Exhibit 7 Information on United States Capital Markets I. Interest Rates in May 2003 30-Year U.S. U.S. Corporate Bonds Rated Treasury Bonds AA A BBB BB 4.10% 4.52% 5.07% 6.07% 7.96% II. Estimated Market Risk Premium = 6% over 30-Year U.S. Treasury Bonds III. Median Values of Key Ratios by Standard & Poors' Rating Category AAA AA A BBB BE B Times Interest Earned (X) 27.3 18.0 10.4 5.9 3.4 1.5 EBITDA / Interest (X) 31.0 21.4 12.8 7.6 4.6 2.3 Pre-tax Return on Capital (%) 25.2 25.4 19.7 15.1 12.5 8.8 Debt as % Capital (%) 12.6 36.1 38.4 43.7 51.9 74.9 Number of companies 6 15 118 213 297 345 IV. Debt and Times Interest Earned Ratios for Selected Industries AAA AA A BBB BB Food Processing Debt % Capital 44% 51% 54% 53% Times Interest Earned 7.9 6.7 4.3 2.9 Electrical Equipment Debt % Capital 36% 18% 72% Times Interest Earned 7.3 3.2 1.6 Electric Utilities Debt % Capital I 46% 54% 57% 73% Times Interest Earned 4.0 3.4 2.7 2.0