Ethics

Copyright (c) 2003, Dow Jones & Company Inc. Reproduced with permission of copyright owner. Further reproduction or distribution is prohibited without permission. Cott Corp. Chairman and Chief Executive Officer Frank Weise, who is credited with turning around the Canadian beverage maker, said he plans to donate all but $1 of his $425,000 base salary in 2004 to a scholarship fund for children of Cott employees. "I wanted to give something back to Cott employees," said Mr. Weise. "There was no better way than to help fund college scholarships." The scholarship program, which has yet to be designed by the board, will be awarded to students based on merit, Mr. Weise said. He said he still will be eligible to collect his performance-based cash bonus, deferred stock and stock options. In 2002, Mr. Weise's cash bonus was $850,000 and he also received deferred stock valued at $850,000, in addition to 200,000 stock options. Cott, Toronto, said yesterday it is on track to meet its previously announced 2003 earnings outlook of between $1.03 and $1.07 per diluted share and said it expects 2004 earnings to be between $1.18 and $1.22 per share.

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Sikeston, Missouri Plant Sets Safety Record Thanks partly to a vigorous awareness campaign, on September 26 this Cott U.S.A. plant marked its third straight year without a loss-time incident. The promotion team from the “Show Me” Missouri state rallied the 100 site employees around a direct message of “Safety First” using posters, presentations and awards.