Effective July 16, 1996, the Company issued a revolving note payable to a bank in the face amount of $6,000,000. Interest on the outstanding principal balance was payable monthly, with the balance of unpaid principal and interest due at maturity, April 30, 1997. Effective April 30, 1997, the Company converted the revolving note payable to a term note payable. The converted term note is payable in monthly installments of principal and interest beginning on July 1, 1997, with the balance due at maturity, June 30, 2003. The note bears interest at a floating rate of LIBOR plus 1.50% per annum. The weighted average interest rate in fiscal years 2001, 2000 and 1999 was 8.13%, 7.21% and 6.35%, respectively. Interest expense under this note was $437,300, $402,800 and $404,000 for fiscal years 2001, 2000 and 1999, respectively. As of April 1, 2001 and March 26, 2000, principal outstanding under this note was $5,273,600 and $5,489,000, respectively. The note is secured by the real property of the Company. The note contains certain restrictive covenants that, among other things, require the maintenance of certain financial ratios.

Effective July 16, 1996, the Company issued a note payable to Baltimore County, Maryland, in the face amount of $200,000. The note is payable in equal monthly installments of principal and interest of $1,600, with the balance due at maturity, June 16, 2006. The note bears interest at 4.75% per annum. Interest expense under this note was $8,800, $8,100 and $8,600 for fiscal years 2001, 2000 and 1999, respectively. As of April 1, 2001 and March 26, 2000, principal outstanding under this note was $153,100 and $164,300, respectively. The note is secured by the real property of the Company.

Effective October 10, 1996, the Company issued a note payable to the Maryland Economic Development Corporation in the face amount of $1,800,000. The note is payable in equal quarterly installments of principal and interest of $37,400 beginning on January 10,1997, with the balance due at maturity, October 10, 2011. The note bears interest at 3.00% per annum. Interest expense under this note was $43,300, $45,400 and $48,500 for fiscal years 2001, 2000 and 1999, respectively. As of April 1, 2001 and March 26, 2000, principal outstanding under this note was $1,369,000 and $1,475,400, respectively. The note is secured by the real property of the Company.

As of April 1, 2001, scheduled annual maturities of long-term debt are as follows:

FISCAL YEAR:
2002	$   354,500
2003	377,800
2004	4,916,800
2005	133,300
2006	137,600
Thereafter	875,700
	$6,795,700