THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

CLARCOR Inc. (CLC)

3/9/2005 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.

2/18/2004 and 2/15/2005 Proxy Information

Effective June 7, 2004, Mr. Robert H. Jenkins replaced Paul Donovan as a member of the Audit Committee of CLARCOR. Mr. Donovan stepped down from the Audit Committee based on a determination, after further review, that he is not an independent director of CLARCOR under the recently revised New York Stock Exchange rules due to the employment of his son-in-law in a professional capacity with CLARCOR's principal external auditor. The revised NYSE director independence rules, which first became effective with respect to CLARCOR at the time of its annual meeting on March 22, 2004, preclude Mr. Donovan from serving on the Audit Committee notwithstanding that his son-in-law is not a member of the external audit team or involved in providing any audit or non-audit services to CLARCOR.