769874--5/3/2010--REMEC

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We cannot assure you of the exact amount or timing of any future distribution to our shareholders. Our common stock is continuing to trade even though we are in the process of liquidation and liquidating distributions, if any, may be below any trading price. We may not be able to settle all of our obligations to creditors and resolve all litigation in a favorable manner. We will continue to incur liabilities and expenses that will reduce the amount available for distribution out of the liquidation to shareholders. We may be subject to final examinations by taxing authorities across various jurisdictions which may impact the amount of taxes that we pay and the ultimate distributions to our shareholders. Distribution of cash out of the liquidation, if any, to our shareholders could be delayed. If we fail to create an adequate contingency reserve for payment of our expenses and liabilities, or if any liability exceeds our remaining assets, each shareholder could be held liable for payment to our creditors of his or her pro rata share of amounts owed to creditors in excess of the Company s remaining assets, up to the amount actually distributed to such shareholder. Our Board of Directors may determine to turn management of the liquidation of REMEC, Inc. over to a third party, and some or all of our directors may resign from our board at that time.

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769874--5/3/2010--REMEC_INC