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NOTICE OF GUARANTEED DELIVERY
FOR
TENDER OF SHARES OF COMMON STOCK AND
ASSOCIATED COMMON STOCK PURCHASE RIGHTS
OF
TREADCO, INC.
(NOT TO BE USED FOR SIGNATURE GUARANTEES)
As set forth in "THE TENDER OFFER -- Procedure for Tendering Shares" of the
Offer to Purchase (as defined below), this form or one substantially equivalent
hereto must be used to accept the Offer (as defined below) if certificates
representing shares of common stock, par value $.01 per share (the "Common
Stock"), including the associated common stock purchase rights (the "Rights"
and, together with the Common Stock, the "Shares"), of Treadco, Inc., a Delaware
corporation (the "Company"), are not immediately available or if the procedures
for book-entry transfer cannot be completed on a timely basis or time will not
permit all required documents to reach the Depositary prior to the Expiration
Date (as defined in "THE TENDER OFFER -- Terms of the Offer" of the Offer to
Purchase). Such form may be delivered by hand or transmitted by telegram or
facsimile transmission or mailed to the Depositary and must include a guarantee
by an Eligible Institution (as defined in "THE TENDER OFFER -- Procedure for
Tendering Shares" of the Offer to Purchase). See "THE TENDER OFFER -- Procedure
for Tendering Shares" of the Offer to Purchase.
The Depositary for the Offer is:
HARRIS TRUST COMPANY OF NEW YORK
By Mail: By Hand/Overnight Delivery:
Wall Street Station Receive Window
P.O. Box 1023 Wall Street Plaza
New York, New York 10268-1023 88 Pine Street, 19th Floor
New York, New York 10005
By Facsimile:
(212) 701-7636
Confirm by Telephone:
(212) 701-7624
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS, OR TRANSMISSION OF INSTRUCTIONS
VIA A FACSIMILE NUMBER, OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A
VALID DELIVERY.
This form is not to be used to guarantee signatures. If a signature on a
Letter of Transmittal is required to be guaranteed by an Eligible Institution
under the instructions thereto, such signature guarantee must appear in the
applicable space provided in the signature box on the Letter of Transmittal.
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Ladies and Gentlemen:
The undersigned hereby tenders to Arkansas Best Corporation, a Delaware
corporation ("Parent") upon the terms and subject to the conditions set forth in
Parent's Offer to Purchase, dated March 23, 1999 (the "Offer to Purchase"), and
in the related Letter of Transmittal (which, together with any amendments or
supplements thereto, collectively constitute the "Offer"), receipt of which is
hereby acknowledged, Shares pursuant to the guaranteed delivery procedures set
forth in "THE TENDER OFFER -- Procedure for Tendering Shares" of the Offer to
Purchase.
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Number of Shares: Address(es):
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------------------------------------------------
Name(s) of Record Holder(s):
-------------------- ------------------------------------------------
------------------------------------------------ Zip Code
(Please Print)
Area Code and Tel. No.:
-------------------------
Certificate Nos. (if available):
------------------------------------------------ Account Number:
---------------------------------
------------------------------------------------ Signature(s):
----------------------------------
------------------------------------------------
Dated:
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GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a commercial bank or trust company or savings institution
having an office or correspondent in the United States or a member firm of a
registered national securities exchange or a member of the National Association
of Securities Dealers, Inc., hereby guarantees to deliver to the Depositary
either the certificates representing the Shares tendered hereby, in proper form
for transfer, or a Book-Entry Confirmation (as defined in "THE TENDER
OFFER -- Procedure for Tendering Shares" of the Offer to Purchase) of a transfer
of such Shares, in any such case together with a properly completed and duly
executed Letter of Transmittal, or a manually signed facsimile thereof, with any
required signature guarantees or an Agent's Message, and any other documents
required by the Letter of Transmittal within three New York Stock Exchange, Inc.
trading days after the date hereof.
Name of Firm:
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Address:
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- ------------------------------------------------------
Zip Code
Area Code and Tel. No.:
-------------------------------
- ------------------------------------------------------
(Authorized Signature)
Title:
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Dated:
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NOTE: DO NOT SEND CERTIFICATES FOR SHARES WITH THIS NOTICE. SHARE CERTIFICATES
SHOULD BE SENT WITH YOUR LETTER OF TRANSMITTAL.
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