GODDARD VALVE, INC.

Leaders advises Goddard Valve in its sale to Rego Products
January 1, 2003

Leaders advises Goddard Valve in its sale to Rego Products

Goddard Industries, Inc., incorporated in 1960, is engaged primarily in the design, manufacture, sale and distribution of valves for industrial and commercial use. Products are designed, manufactured and sold by the Company's global network.  Under the terms of the deal, Goddard Industries retains its Mack Valve division in Melbourne Australia.  Through its acquisition of Goddard Valve, Rego Valve strengthens its industry-leading group of companies offering quality equipment for LP-Gas (Propane) and Anhydrous Ammonia (NH3) applications.  Leaders LLC provided merger and acquisition advisory services to Goddard Valve.