Exhibit 99.3 FIFTH AMENDMENT TO CREDIT AGREEMENT AND AMENDMENT TO FORBEARANCE AGREEMENT This Fifth Amendment to Credit Agreement and Amendment to Forbearance Agreement, dated as of May 31, 2002 (this "Amendment"), is among ROHN INDUSTRIES, INC., a...Forbearance Agreement • June 7th, 2002 • Rohn Industries Inc • Miscellaneous fabricated metal products • Illinois
Exhibit 99.2 [LOGO - ROHN Industries, Inc.] WORLD HEADQUARTERS 6718 W. Plank Rd. Peoria, IL 61604 USA Ph: 309-697-4400 FAX: 309-697-5612 FOR FURTHER INFORMATION: Jeff Jablonski Treasurer (309) 633-5606 jeff.jablonski@rohnnet.com ROHN SIGNS AMENDMENT...Rohn Industries Inc • June 7th, 2002 • Miscellaneous fabricated metal products
June 4, 2002, Peoria, IL -- ROHN Industries, Inc. (Nasdaq: ROHN), a global provider of infrastructure equipment for the telecommunications industry, announced today that it has entered into an amendment to its existing forbearance agreement with the bank lenders under its credit agreement. Under the amendment, the bank lenders have agreed to forbear from enforcing any remedies they may have under the credit agreement until June 30, 2002 arising from ROHN's breach of a covenant related to minimum EBITDA (earnings before interest, taxes, depreciation and amortization). ROHN is in negotiations with its bank lenders regarding an amendment to the credit agreement that will revise the EBITDA covenant and other provisions of the credit agreement and under which the bank lenders will waive this default. If ROHN does not enter into an amendment to its credit agreement by June 30, 2002 and the forbearance agreement is not further extended, the bank lenders will be able to exercise any and all re
WORLD HEADQUARTERS 6718 W. Plank Rd. Peoria, IL 61604 USA Ph: 309-697-4400 FAX: 309-697-5612 [Rohn Logo] [GRAPHIC OMITTED] FOR FURTHER INFORMATION: Jeff Jablonski Treasurer (309) 633-5606 jeff.jablonski@rohnnet.com ROHN SIGNS AMENDMENT TO CREDIT...Credit Agreement • June 7th, 2002 • Rohn Industries Inc • Miscellaneous fabricated metal products
June 7, 2002, Peoria, IL -- ROHN Industries, Inc. (Nasdaq: ROHN), a global provider of infrastructure equipment for the telecommunications industry, announced today that it has entered into an amendment to its credit agreement with its bank lenders. The amendment decreases the maximum revolving loan commitment from $35 million to $25 million and provides for a collateral monitoring fee of $10,000 a month payable by ROHN. ROHN previously announced, on June 4, 2002, that it had entered into an amendment to its existing forbearance agreement with its bank lenders under which the bank lenders agreed to forbear from enforcing any remedies they may have under the credit agreement until June 30, 2002 arising from ROHN's breach of a covenant related to minimum EBITDA (earnings before interest, taxes, depreciation and amortization). ROHN is in negotiations with its bank lenders regarding a further amendment to the credit agreement that will revise the EBITDA covenant and other provisions of the
