ATLANTA, GA and OMAHA, NE ¾  Albecca Inc. and Berkshire Hathaway Inc. (BRK.A; BRK.B) announced today that the purchase of 100% of the shares of Albecca by Berkshire Hathaway has been completed. The companies had previously announced, on December 17, 2001, the signing of a definitive agreement with respect to this transaction.

Albecca designs, manufactures, and distributes a complete line of high-quality, branded custom picture framing products.

Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities. The most important of these is the property and casualty insurance business conducted on both a direct and reinsurance basis through a number of subsidiaries.

Contact: Albecca at (770) 279-5210

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