Workshop for Plan Valuations

Forum for Shareholders of Farmer Bros. Co.

2007 Conclusion

Forum activities relating to Farmer Bros. Co. were suspended in 2007, following the second year of new management.

Workshop for Plan Valuations

The Workshop for Plan Valuations is intended for Farmer Brothers shareholders and investment professionals concerned with defining and evaluating strategic alternatives which may be considered by the company's management.

The objective of the Workshop is to develop from 3 to 5 clearly presented plan alternatives which can be used by both shareholders and management in discussions of practical strategy choices. Initially, participants are encouraged to submit brief statements of alternatives, to be posted without naming the source unless the author requests identification.

Participants are also encouraged to coordinate and share research through the Workshop. Information may be distributed to participants or posted on this site, and inquiries may be made through the Workshop (without identifying individual sources). To the extent that relevant information is not published by the company or otherwise made available by management, the Workshop may also facilitate a representative shareholder's inspections of corporate records as permitted by California law.

The Forum is open to all Farmer Bros. shareholders, whether institutional or individual, and to professionals concerned with their investment decisions. Its purpose is to provide shareholders with access to information and a free exchange of views on issues relating to their evaluations of alternatives. As stated in the Forum's Conditions of Participation, participants are expected to make independent use of information obtained through the Forum, subject to the privacy rights of other participants. It is a Forum rule that participants will not be identified or quoted without their explicit permission.

There is no charge for participation. Franklin Mutual Advisers, LLC, the manager of funds owning approximately 12.6% of Farmer Bros. shares, provided initial sponsorship for the Forum and arranged for it to be chaired by Gary Lutin. Continuing support and guidance of the Forum is provided by an Advisory Panel of actively interested shareholders.

For additional information or to be included in an email distribution list, send an inquiry to farm@shareholderforum.com.