Most shareholders of the former Kaiser Ventures, Inc. converted their shares of common stock. However, there are still some shareholders who have failed to complete and submit the required paper work. For those Kaiser shreholders, below are instructions, a set of frequently asked questions and the transmittal documents you will need to complete in order to obtain the merger consideration of $10.00 cash and one Class A Unit in Kaiser Ventures LLC for each share of Kaiser Ventures Inc. common stock that you own. The merger was effective as of 11:59 p.m. on Friday, November 30, 2001.