growth sectors such as biotech, food processing, and pharmaceuticals. We believe that the benefits of this transaction for EMCOR stockholders will be both immediate and long term, and will help to ensure that EMCOR remains the kind of company that created our past success:  Dynamic, Diverse, and  Enduring. We thank our stockholders, directors, and employees who make it all possible.  Frank T. MacInnis Chairman & Chief Executive Officer Frank T. MacInnis, Chairman & CEO, and Jeffrey M. Levy, President & COO, pictured at EMCOR’s corporate headquarters in Norwalk, Connecticut 3 EMCOR ANNUAL REPORT 2001 