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Rhode Island Secretary of State Increases Fees for Certain Corporation Filings     Posted:7/17/03

Effective July 16, 2003, filing fees for the following domestic and foreign corporation filings will be increased by the Rhode Island Secretary of the State:

Domestic Business Corporations

Articles of Incorporation (for up to but not including 75,000,000 shares): $230.00 Amendments to Articles of Incorporation (that increase shares up to but not including 75,000,000 shares): $210.00

Foreign Business Corporations

Certificate of Authority (for up to but not including 75,000,000 shares): $310.00 Amendments to Certificate of Authority (that increase shares up to but not including 75,000,000 shares): $235.00

The above fees are being increased as a result of the passing of the Rhode Island budget bill, House Bill No. 6174Aaa, which was originally vetoed by the Governor. The Governor's veto was overridden by the House of Representatives on July 15, 2003. All other Secretary of State filing fees remain unaffected by the bill. To review the complete bill text once it becomes available, go to http://www.rilin.state.ri.us/BillText/BillText03/BillText03.html and search for the bill by bill number.