vs. SMK
ZIMMER
CERTIFICATED: I
BOOK ENTRY: 0
TOTAL: 1
YOU MAY EITHER SELL 1 SHARE OR PURCHASE 99 SHARES
TO PURCHASE SHARES, SEND IN THIS CARD WITH A PURCHASE
DEPOSIT CHECK FOR $4,554.00 PAYABLE TO CONTINENTAL
STOCK TRANSFER & TRUST COMPANY.
ACCT# CHURCHOLIN----0000
Zimmer OFFER
3.
What will I be paid or will I pay for Zimmer shares?
You
will receive or pay a market-based price per share whichwill be uniformly
applied to all shareholders participating inthe program from January
31,2003 through February 28,2003 (the Program Period). Shares submitted
for sale willbe matched too shares requested for purchase. The balanceof
shares not matched will be traded in the open market throughout the
program and a few days afterward. A weighted average price will be
determined form these Trades. Weighted averaging means the per share price
Obtained by dividing the aggregate proceeds of all sales (or purchases) of
shares for participants during the Program Period by the total number of
shares sold (or Purchased) on behalf of such participants during the
Program Period. To defray the cost of the program, a processing fee of
$2.00 per share sold or purchased (up to a maximum of $30.00 per account)
will be deducted from your proceeds. Once you
indicate that you wist to sell or purchase shares your decision
is irrevocable
Purchase or Sell Odd-Lots Through Zimmer
| No. Shares | Processing Fee | Round-up Deposit | TOTAL | Payment Date |
| 15 | $30.00 | $4,554.00 | $4,584.00 | ? |
Purchase or Sell Odd-Lots Through SMK Information
| No. Shares | Processing Fee | Round-up Deposit | TOTAL | Payment Date |
| 15 | $22.50 | $0.00 | $22.50 | See Note: |
Note: SMK will settle for shares tendered on the Tuesday after the shares are received (weekly accumulation/weekly payment). The stock price will be determined by the opening price on that day less the processing fee. Round-ups: the price charged to you (your client’s) will be the closing price on the date of transfer or the price paid on date of order (whichever is greater) plus the processing fee. There is NO ADVANCE DEPOSIT REQUIRED. We will invoice you once the shares have been transferred, and you may make payment via check or wire transfer, whichever you prefer.