American Power Conversion

132 Fairgrounds Road
West Kingston, RI 02892
401-789-5735; fax 401-788-2712
e-mail: investorrelations@apcc.com
Employees: 7,350

American Power Conversion, which designs, develops, manufactures and markets
power protection devices, is among those companies that see the current energy
crisis as good for business. In its annual report, the company suggests that
the “increased awareness of the costs and lost productivity associated with
poor power quality has increased demand for power protection products.” Meanwhile,
for the latest quarter the company’s revenues rose 16 percent to $359.7 million,
while net income fell 42 percent to $27.2 million.

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Stock Information
Exchange: Nasdaq
Symbol: APCC
Annual meeting: June 7, 2001
Shares of common stock outstanding as of May 29, 2001: 195,000,000
Stock price as of Tuesday, May 29, 2001: $17.49
Market value as of Tuesday, May 29, 2001: $3,410,550,000
12-month high stock price: $48.84
12-month low stock price: $9.50

Operating Results
(Dollars in thousands, except per share data)

Directors

Rodger B. Dowdell, Jr., 51, director since 1985, chairman of the board,
president and chief executive officer of the company. Shares: 18,046,385

Emanuel E. Landsman, 64, director since 1981, a vice president of the
company. Shares: 2,163,223

Neil E. Rasmussen, 46, director since 1981, a vice president of the
company. Shares: 9,754,094

Ervin F. Lyon, 65, director since 1981, retired from M.I.T.’s Lincoln
Laboratory in 1993. Has been a director since the company’s inception and from
its inception through August 1985 was its president and chairman of the Board
of Directors. Shares: 749,030

James D. Gerson, 57, director since 1988, vice president of Fahnestock
& Co. Shares: 593,226

Directors’ fees

Each non-employee director receives an annual retainer of $20,000 and fees
of $1,500 for each board meeting attended and $1,500 for each committee meeting
attended, as long as the meeting is not held on the same day as a board meeting..

Top institutional holders

Barclays Bank Plc, 5,340,111 shares;
Aim Management Group, Inc., 4,738,500 shares;
FMR Corp (Fidelity Management & Research Corp.), 3,552,080 shares;
State Street Corp., 3,397,627 shares.

Executive compensation

*Executive compensation includes salary, bonuses and other compensation, including
life insurance, cash profit sharing and other payments.

Exercised Stock Options

Source: Proxy statement, annual report, quarterly reports, and other PBN research