Company Giant Group, Ltd.

Giant Group, Ltd. reviews various courses of action, including but not limited to, an extraordinary corporate transaction, such as a merger, reorganization or liquidation. Technically, Giant falls within the definition of an Investment Company under the Investment Company Act of 1940. However, the Company is not engaged in the business of investing, re-investing or trading of securities and has, therefore, filed for an exemption from the Securities and Exchange Commission so as not to fall under the Investment Act. Giant owns 8% of the total outstanding common shares of Checkers Drive-In Restaurants, Inc. Checkers is a chain of double drive-thru restaurants in the United States. The company is a combination of two similar quick-service restaurant chains, Checkers and Rally's Hamburgers (Rally's), which were merged in August 1999.