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Irving B. Harris

January 1, 1987

President Standard Shares, Inc. Chairman of the Executive Committee Pittway Corporation (Deceased) – Chicago, Illinois

Irving B. Harris entered the business world following graduation from Yale University in 1931. During World War II he served in governmental posts with the Board of Economic Warfare and the Office of Price Administration. He served in executive capacities with several companies during the years 1944-1976. In addition to his 25-year association with Standard Shares, Inc. and Pittway Corporation, Mr. Harris has been Chairman of the Board of the Acorn Fund, Inc. since 1970 and Chairman of the Board of Harriscope Broadcasting Corporation since 1950. He is an active leader in numerous civic and charitable organizations. “Recognize that most of the mistakes you make in business, you can also provide the remedies.”