Article: Harbinger Capital Partners Offers Definitive Merger Agreement to Acquire Oglebay Norton for $31 Per Share in Cash.

Provides Immediate Cash Value to Shareholders; Offer Not Conditioned on Financing; Offers 30-Day Go Shop Provision

NEW YORK -- Despite the Oglebay Norton's press release on September 12, 2007 which claims that Harbinger Capital Partners were invited into the Company's "process," Harbinger Capital Partners wants to set the record straight: Harbinger Capital Partners were never invited into a "process," and in fact it is Harbinger Capital Partners' firm belief that they started the "process."

Notwithstanding the inaccuracies of the Company's release yesterday, Harbinger Capital Partners are committed to protecting and maximizing the value of Oglebay ...

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