Article: Earl Scheib Announces It Has Retained the Investment Banking Firm of Ryan Beck & Co. to Explore Strategic Alternatives.

Business Editors

SHERMAN OAKS, Calif.--(BUSINESS WIRE)--May 20, 2003

Earl Scheib, Inc. (AMEX:ESH) today announced that it has retained the New York investment banking firm of Ryan Beck & Co., Inc. ("Ryan Beck") to act as its exclusive financial advisor to assist management and the Board of Directors in the exploration of strategic alternatives available to the Company to enhance shareholder value.

Chris Bement, President and Chief Executive Officer, stated that, "We continue to be very focused on our mission to serve the best interests of our shareholders. By hiring Ryan Beck and its experienced bankers who specialize in middle market ...

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