Exhibit 99.2 - Part II, Item 1 of Tremont's Quarterly Report on Form 10-Q for the Quarter ended June 30, 1994 (File No. 1-10126). PART II. OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS Reference is made to the 1993 Annual Report and the Company's Quarterly Report on Form 10-Q for the period ended March 31, 1994 for descriptions of certain legal proceedings. Tremont and consolidated subsidiaries Discovery is proceeding in the previously-reported matter of Alan Russell Kahn v. Tremont Corporation, et al.