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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) August 27, 2001.
USG Corporation
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(Exact name of registrant as specified in its charter)
Commission File Number: 1-8864
Delaware 36-3329400
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
125 South Franklin Street, Chicago, Illinois 60606-4678
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312) 606-4000
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Item 5 OTHER EVENTS AND REGULATION FD DISCLOSURE
As previously disclosed, on June 25, 2001, USG Corporation (the
"Corporation") and its principal domestic subsidiaries (collectively, the
"Debtors") filed a voluntary petition for relief under Chapter 11 of the United
States Bankruptcy Code (the "Bankruptcy Code") in the United State Bankruptcy
Court for the District of Delaware (the "Bankruptcy Court"). The cases have been
consolidated for purposes of joint administration as In re: USG Corporation et
al. (case no. 01-2094).
The Corporation reports its operating results and financial statements on a
consolidated basis. These public reports are available through the U.S.
Securities and Exchange Commission and other sources, and are also provided free
of charge to investors who contact the Corporation. However, under applicable
bankruptcy law, the Corporation is now required to file periodically with the
Bankruptcy Court various documents, including certain financial information on
an unconsolidated basis. This information includes statements, schedules, and
monthly operating reports in forms prescribed by the Bankruptcy Code.
The Corporation cautions that such materials are prepared according to
requirements under the Bankruptcy Code. While these documents accurately provide
then-current information required under Bankruptcy law, they are nonetheless
unconsolidated, unaudited, and are prepared in a format different from that used
in the Corporation's consolidated financial statements filed under the
securities laws. Accordingly, the Corporation believes the substance and format
do not allow meaningful comparison with the Corporation's regular publicly
disclosed consolidated financial statements. The materials filed with the
Bankruptcy Court are not prepared for the purpose of providing a basis for an
investment decision relating to the stock or the debt securities of the
Corporation, or for comparison with the Corporation's other financial
information filed with the SEC.
Notwithstanding, most of the Debtors' filings with the Bankruptcy Court are
available to the public at the office of the Clerk of the Bankruptcy Court.
Those filings may also be obtained through private document retrieval services.
The Corporation undertakes no obligation to make any further public announcement
with respect to the documents filed with the Bankruptcy Court or any matters
referred to in them.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
USG CORPORATION
Registrant
Date: August 27, 2001 By: /s/ Richard H. Fleming
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Richard H. Fleming
Its: Executive Vice President
and Chief Financial Officer