THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Storage Technology Corporation (Retired) (STK.X)

3/21/2005 Proxy Information

Alexander Parker, the son-in-law of one of our directors, Robert E. Lee, is employed by StorageTek as a staff project manager. During 2004, Mr. Parker earned an aggregate compensation of $67,653.

In May 2001, StorageTek provided two loans to Michael R. McLay, our Vice President, Global Accounts. The loans were provided to Mr. McLay to assist in his relocation to Colorado. One of the loans had a principal amount of $390,000 and the other a principal amount of $160,000. Interest was due annually and accrued on each loan at the rate of 4.63 percent per annum on the outstanding principal amounts. The principal on the loans was due on the earliest of: (a) May 10, 2004; (b) his termination as an employee of StorageTek; and (c) for the $390,000 loan, the sale of his home in Canada. Mr. McLay paid the principal and interest due on the loans on May 10, 2004. During fiscal year 2004, the largest aggregate outstanding principal amount on the loans was $550,000. The aggregate principal amount outstanding at fiscal year end was $0.

4/12/2004 Proxy Information

In May 2001, StorageTek provided two loans to Michael R. McLay, our Vice President, U.S./Canada Sales and Service, Global Channels and Strategic Alliances. The loans were provided to Mr. McLay to assist in his relocation to Colorado. One of the loans has a principal amount of $390,000 and the other a principal amount of $160,000. Interest is due annually and accrues on each loan at the rate of 4.63 percent per annum on the outstanding principal amounts. The principal on the loans is due on the earliest of: (a) May 10, 2004; (b) his termination as an employee of StorageTek; and (c) for the $390,000 loan, the sale of his home in Canada. During fiscal year 2003, the largest aggregate outstanding principal amount on the loans was $550,000, which was also the aggregate principal amount outstanding at fiscal year end.

4/16/2003 Proxy information

Gary Francis is our Corporate Vice President and General Manager, Automated Tape Solutions. His wife, Carol Francis, was employed by StorageTek as a systems engineer during all of the 2002 fiscal year and earned an aggregate compensation of $156,123. Jill Kenney is our Corporate Vice President, Worldwide Marketing and Strategy. Her husband, Ron Kenney, was retained as a sales management process consultant in 2002 and received an aggregate of $126,558 in fees and reimbursements.

In May 2001, StorageTek provided two loans to Michael McLay, our Vice President, U.S./Canada Sales and Service, Global Channels and Strategic Alliances. The loans were provided to Mr. McLay to assist in his relocation to Colorado. One of the loans had a principal amount of $390,000 and the other a principal amount of $160,000. Interest accrues on each loan at the rate of 4.63 percent per annum on the outstanding principal amounts. The principal and accrued interest on the loans are due on the earliest of: (a) May 10, 2004; (b) his termination as an employee of StorageTek; and (c) for the $390,000 loan, the sale of his home in Canada. During fiscal year 2002, the largest aggregate outstanding principal amount on the loans was $550,000, which was also the aggregate principal amount outstanding at fiscal year end.