Stock Splits

Universal Health Services, Inc. (NYSE: UHS) announced today that its Board of Directors has declared a two for one stock split in the form of a 100% stock dividend payable on December 15, 2009 to shareholders of record as of December 1, 2009. All classes of common stock will participate on a pro rata basis. The Board's decision should improve liquidity and trading volume in the Company's stock.

The company also announced that the Board of Directors voted to pay a cash dividend of $0.05 per share (post-split) on December 15, 2009 to shareholders of record as of December 1, 2009.

Neogen Corporation (Nasdaq: NEOG) today announced that its Board of Directors has approved a 3-for-2 stock split. With the split, shareholders of record on Nov. 30, 2009, will receive one additional share of stock for each two shares held.

The stock split will be effected in the form of a stock dividend that will be paid in newly issued common stock on Dec. 15, 2009. As of today, Neogen has approximately 15,000,000 shares of common stock outstanding. After the stock split, the company will have approximately 22,500,000 shares of common stock outstanding. This is the third stock dividend declared by the company. The most recent was a 3-for-2 split in September 2007.

Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) today announced that its Board of Directors approved a 50-for-1 split of its Class B Common Stock. The stock split is subject to the approval of Berkshire's shareholders, who must approve an amendment to Berkshire's certificate of incorporation to increase Berkshire's total number of authorized shares of common stock, as well as the total number of authorized shares of Class B Common Stock, in order to permit the consummation of this split. Berkshire's Class A Common Stock is not being split. Berkshire has not yet set the date for the special meeting of its shareholders to vote on the amendment to its certificate of incorporation, or the record date for the stock split.

The great majority of the stock issued by Berkshire in the BNSF acquisition announced today will be "A" shares. "B" shares, however, will also be needed to accommodate holders of smaller amounts of BNSF shares who opt for a share exchange rather than a cash payment.

By splitting Berkshire "B" shares 50-for-1, we can accommodate even the smallest holdings of BNSF shares that elect a tax-free exchange.

Berkshire (NYSE: BRK.A) (NYSE: BRK.B) approves 50-for-1 split of class B shares

Sonic Foundry, Inc. (Nasdaq: SOFO) has authorized a one-for-ten reverse stock split of its common stock. The reverse split will be effective at 6:01 p.m. ET on November 16, 2009. The reverse stock split affects all issued shares of the Company's common stock outstanding immediately prior to the effectiveness of the reverse stock split. The number of shares reserved for issuance under Sonic Foundry's equity compensation plans will also be reduced proportionately.

Sonic Foundry's common stock will start trading on a split-adjusted basis on the NASDAQ Capital Market at market open on November 17, 2009. Letters of transmittal are expected to be sent to stockholders shortly thereafter.

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