Convertibles Calendar

MARCH 22 WEEK

FREEPORT MCMORAN COPPER & GOLD INC. (Symbol: FCX): Rule 144A; $1 billion of perpetual convertible preferreds, with $100 million greenshoe; price talk of 5.0-5.5% dividend, 40-45% initial conversion premium; non-callable for five years, then with a 130% trigger for life; dividend protection for quarterly dividends over 20 cents per share; New Orleans mining concern to use proceeds to buyback 23.93 million of its Class B shares from a subsidiary of Rio Tinto plc; via joint bookrunners Morgan Stanley and Merrill Lynch; to price after the close Wednesday.

ON THE HORIZON

ADVANCED SEMICONDUCTOR ENGINEERING INC.: (Symbol: ASX): $135 million of five-year convertible notes, with a $15 million greenshoe; via lead manager Goldman Sachs International; the Taiwanese semiconductor testing firm also plans to sell 60 million American Depositary Shares, which will each represent five ordinary shares with a par value of NT$10 each; timing will be as soon as the registration statement at the Securities and Exchange Commission becomes effective.

http://www.sec.gov/Archives/edgar/data/1122411/000119312503094347/df3.htm

CONSECO INC. (Symbol: CNO): $350 million of mandatory convertibles and $800 million of common stock; proceeds to take out its $859.7 million of 10.5% step-up payable-in-kind convertible preferreds, repay debt under its senior credit facility, which matures in 2009 and currently has a weighted average interest rate of 7.8%, contribute capital to insurance subsidiaries and general corporate purposes; joint bookrunners of the mandatory offering are Goldman Sachs & Co. and Morgan Stanley with JPMorgan in the syndicate; joint bookrunners of the stock offering are Goldman Sachs & Co. and Morgan Stanley with Banc of America Securities in the syndicate.

http://www.sec.gov/Archives/edgar/data/1224608/000095013704000416/c82126sv1.txt

GENWORTH FINANCIAL INC. (Symbol: GNW proposed): $600 million mandatory convertible, or equity units, with $25 par; part of General Electric Co.'s spin-off of its insurance unit Genworth Financial Inc., which would divest 30% of GE's ownership with the remaining to be sold later; GE plans to use proceeds to invest in growth initiatives and reduce parent-supported debt at GE Capital Corp.; joint lead managers are Morgan Stanley and Goldman Sachs & Co.; offerings to be completed by the end of June.

RECENT SHELF FILINGS WITH THE SEC:

ABGENIX, INC. (Symbol: ABGX): $250 million shelf filed March 17 for debt securities, preferred stock, common stock or warrants; securities may be issued as convertibles; Fremont, Calif. biopharmaceutical company will use proceeds for research and development, capital expenditures, working capital and other general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1052837/000104746904008356/a2128749zs-3.htm

ALLEGHENY TECHNOLOGIES INC. (Symbol: ATI): $400 million shelf filed March 22 for common stock, preferred stock, warrants, depositary shares, purchase contracts, purchase units or debt securities; securities may be issued as convertibles; Pittsburgh specialty materials company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1018963/000095015204002154/j0649601sv3.txt

DURATEK, INC. (Symbol: DRTK): $125 million shelf filed March 18 for debt securities, warrants, preferred stock and common stock; securities may be issued as convertibles; Columbia, Md. provider of radioactive materials disposal and operator of nuclear facilities will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/785186/000104746904008374/a2131268zs-3.htm

EASTMAN CHEMICAL CO. (Symbol: EMN): $1 billion shelf filed March 17 for common stock, preferred stock, depositary shares, warrants, stock purchase contracts, stock purchase units, debt securities and units; securities may be issued as convertibles; Kingsport, Tenn. chemical company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/915389/000095014404002667/g87696sv3.htm

PLATINUM UNDERWRITERS HOLDINGS, LTD. (Symbol: PTP): $750 million shelf filed March 22 for common shares, preferred shares, depositary shares, debt securities, warrants, purchase contracts and purchase units; securities may be issued as convertibles; Pembroke, Bermuda property, casualty and finite reinsurer will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1171500/000095012304003610/y95234sv3.txt

PRIMEDIA INC. (Symbol: PRM): $1 billion shelf filed March 19 for debt securities, preferred stock, common stock, warrants, warrant units, stock purchase contracts, stock purchase units and stock purchase contracts; securities may be issued as convertibles; New York publishing company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/884382/000104746904008569/a2130130zs-3.htm

RYLAND GROUP, INC. (Symbol: RYL): $350 million shelf filed March 19 for debt securities, common stock, preferred stock, depositary shares, warrants, stock purchase contracts and stock purchase units; securities may be issued as convertibles; Calabasas Calif. homebuilder and mortgage finance company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/85974/000095013304001038/w95356sv3.htm

SI INTERNATIONAL, INC. (Symbol: SINT): $100 million shelf filed March 22 for common stock, preferred stock, depositary receipts, warrants and debt securities; securities may be issued as convertibles; Reston, Va. provider of information technology to federal government will use proceeds for repayment of debt, acquisitions and working capital and general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1143363/000104746904008877/a2131499zs-3.htm

SOUTHERN UNION CO. (Symbol: SUG): $1 billion shelf filed March 19 for debt securities, common stock, preferred stock, warrants, securities purchase contracts, securities purchase units and depositary shares; securities may be issued as convertibles; Wilkes-Barre, Pa. transporter and distributor of natural gas will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/203248/000020324804000167/s3filing31904.txt

STANDARD PACIFIC CORP. (Symbol: SPF): $800 million shelf filed March 18 for debt securities, warrants, preferred stock and common stock; securities may be issued as convertibles; includes some previously registered but unsold securities; Irvine, Calif. homebuilder will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/878560/000119312504044898/ds3.htm

TIVO INC. (Symbol: TIVO): $100 million shelf filed March 18 for debt securities, warrants, preferred stock and common stock; securities may be issued as convertibles; includes $25.6 million previously registered but unsold securities; Alviso, Calif. provider of digital video recorders will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1088825/000119312504044868/ds3.htm

UNITEDHEALTH GROUP INC. (Symbol: UNH): $2 billion shelf filed March 19 for debt securities, common stock, preferred stock, depositary shares, warrants, purchase contracts, purchase units and trust preferreds; securities may be issued as convertibles; includes $250 million previously registered but unsold; Minneapolis health care services company will add proceeds to its general funds.

http://www.sec.gov/Archives/edgar/data/731766/000095013404003797/c83285s3sv3.htm

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