APS Financial Corporation Discontinues Coverage of Several Credits

    AUSTIN, Texas--April 1, 2003--APS Financial Corporation has dropped coverage of the following credits: -0-

Advanced Accessory Systems LLC.
Classic Cable Inc.
Doman Industries Ltd.
Jo-Ann Stores Inc.
Motor Coach Industries International Inc.
Pentacon Inc.
Seven Seas Petroleum Inc.
Tenneco Automotive Inc.

    APS Financial Corporation (APSF), a subsidiary of American Physicians Service Group, specializes in insurance company fixed income asset management, institutional and retail securities sales, and investment analysis. Established in 1981, APSF provides both institutions and high net worth individual investors with value-added, personalized investment advice and account services. Our staff includes experienced analysts, traders, and portfolio managers who are knowledgeable in all areas of the fixed income market. In addition to offering insurance asset management and reporting services, APSF is also extensively involved in the trading and analysis of high yield corporate bonds. We conduct our own proprietary research and have developed a large client base of high net worth individuals and institutional buyers.