Fremont Cites Further Delay in 10-K Filing

Fremont General Corp., Brea, Calif., says it is unable to file its 10-K form in time to meet the 15-day extension of its deadline to do so. The added delay is due to a continuing review of Fremont's consolidated financial statements by the company and its auditors, Squar, Milner, Peterson Miranda & Williamson LLP. Because it cannot determine when it will be able to file the 10-K, Fremont said it is postponing its combined 2007 and 2008 annual meeting scheduled for April 16. The cancellation puts Fremont out of compliance with New York Stock Exchange requirements for the 2007 annual meeting, which needed to be held by April 30. Fremont said it will hold the meeting as soon as possible and will communicate further with the NYSE.

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