Spencer Stuart/Directors & Boards Directors Roster

Directors & Boards, Summer, 2002

PRINCETON REVIEW INC.

2315 Broadway, New York, NY 10024

has added to its board:

Frederick S. Humphries

President and CEO

NATIONAL ASSOCIATION FOR EQUAL OPPORTUNITY IN HIGHER EDUCATION

8701 Georgia Avenue, Suite 200, Silver Spring, MD 20910

Bio Notes: In present position since January 2002. Previously served as president of Florida Agricultural and Mechanical University from 1985-2001, and from 1974-1985 was president of Tennessee State University. Also is a director of Brinkers International Inc.

Princeton Review provides educational test preparation courses and services. Revenues are $75 million. National Association for Equal Opportunity is an association of historically black colleges and universities.

QUIKSILVER INC.

15202 Graham Street, Huntington Beach, CA 92649

has added to its board:

Franck Riboud

Chairman and CEO

GROUPE DANONE

Paris, France

Bio Notes: Has 20 years of management experience in the foodservice industry. In 1981 joined food company BSN, where he became head of its Evian unit in 1990. Was named CEO of Groupe Danone in 1996. Also is a director of L'Oreal. Age 46.

Quiksilver manufactures young men's and women's apparel. Revenues are $640 million. Groupe Danone is a food products company. Revenues are $13 billion.

R.J. REYNOLDS TOBACCO HOLDINGS INC.

401 N. Main Street, Winston-Salem, NC 27102

has added to its board:

E.V. Rick Goings

Chairman and CEO

TUPPERWARE CORP.

14901 S. Orange Blossom Trail, Orlando, FL 32802

Bio Notes: In present position since 1997. In 1996 became president and COO of Tupperware after it was spun off from Premark International Inc., which he joined in 1992. Formerly was an SVP at Sara Lee Corp., and spent six years in senior executive positions at Avon Products Inc., where he managed its businesses in Germany and the Pacific Rim. He was also founder and COO of Dynamics Inc., a direct-selling firm that marketed home security systems. Age 56.

R.J. Reynolds is a tobacco company. Revenues are $9 billion. Tupperware manufactures food storage products. Revenues are $1 billion.

RACING CHAMPIONS ERTL CORP.

800 Roosevelt Road, Building C, Suite 320, Glen Ellyn, IL 60137

has added to its board:

Paul E. Purcell

President and CEO

ROBERT W. BAIRD & Co.

777 E. Wisconsin Avenue, Milwaukee, WI 53202

Bio Notes: Has extensive experience in mergers and acquisitions and corporate finance. In present position since 2000. Joined Baird in 1994. Formerly spent 22 years at Kidder, Peabody & Co., where he was managing director and head of the firm's Midwest investment banking group.

Racing Champions manufactures collectible race car replicas and souvenirs. Revenues are $207 million. Baird, a subsidiary of Northwestern Mutual Life Insurance Co., is an investment banking firm.

RAYOVAC CORP.

601 Rayovac Drive, Madison, WI 53711

has added to its board:

Barbara S. Thomas

Bio Notes: Until 2000 was president of the consumer healthcare division of Warner Lambert Co. From 1993-1997 served as president and CEO of Pillsbury's Canadian operations. Formerly served as SVP of marketing at Nabisco. Also is a director of Dial Corp. and Ocean Spray.