Dividend Reinvestment Plan Update

Purchases under the NU Dividend Reinvestment Plan (the Plan) were suspended after the February 2, 2001 purchase.

Inquires about share balances in the Plan or the sale of Plan shares should be addressed to Bank of New York (BNY) at (800) 999-7269 or on the web at www.stockbny.com.

In 2001, Bank of New York began offering NU shareholders the opportunity to reinvest NU dividends through BNY's BuyDIRECT plan. BuyDIRECT registration forms and plan information details can be obtained by calling the phone number above or though the BNY web site noted above.