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NEW ENGLAND CONFECTIONERY COMPANY, INC.

The New England Confectionery Company, Inc. (NECCO) is the oldest multi-line Candy Company in the United States and celebrated its 150th Anniversary in 1997. The World Corporate Headquarters is located in Revere, Massachusetts. This manufacturing facility has a total employee base of approximately 650.

With the recent move to a new state-of-the-art candy facility in the spring 2003, the company is poised for new beginnings while maintaining its sweet traditions. The new Necco facility is located in Revere, MA just north of Boston and sits on a 52-acre lot. The facility consolidates what were once three facilities in MA into one 820,000 square foot worldwide headquarters and manufacturing facility.

Annual sales for the Company approach $100 million with a nationwide distribution among all classes of trade including mass merchandisers, chain drug, convenience stores, supermarkets, wholesalers, and distributors. The Company is the #1 supplier in the United States of Conversation Hearts, Thin Mints, and Peanut Butter Kisses. The Company's No. 1 selling item is NECCO Assorted Wafers, which rank in the Top 10 in the non-chocolate count good category.

Although NECCO is synonymous with Valentine Conversation Hearts, and produces approximately eight billion yearly, a number of other seasonal and year-round brands are produced at the two facilities. In addition to NECCO Wafers, our popular brand names are Mary Jane, Haviland, Stark, Candy Cupboard, Masterpieces, Canada, Sweethearts, Sweet Talk, Clark, Sky Bar, Candy House Buttons, Mighty Malts, Eagle Brand, Kettle Fresh, Stinky Feet, and Squirrel Nut Candies. They are categorized as chocolate, sugar lozenge, juju, gummy, caramel, taffy, and malted milk balls. These products are packaged in bulk, pegboard bags, laydown bags, gift boxes, tubs, and bars.