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Renewed Request for Full Information About Control of Stock

(October 11, 2005)

Copied below is the text of an October 11, 2005 letter to the corporate secretary of Farmer Bros. Co., referring to a statement attributed to a company spokesman in an October 8, 2005 Daily Breeze (Torrance, California) article.

The letter notes that the spokesman's reported statement, if true, indicates that the company's March 14, 2005 SEC filings had not included all the relevant information requested by the Forum about who controls the family trusts which hold over a third of the company's stock.  Under these circumstances, the secretary is asked to provide the additional information now.  Alternatively, if the spokesman's statement is not true, management is asked to issue a corrective statement.

The letter is copied to the SEC Enforcement official who had been copied on the previous January 13, 2005 and March 11, 2005 letters addressing the same subject, and who had been responsible for reviewing matters raised in a January 8, 2004 request for investigation and a February 13, 2004 request to require information disclosures.

The company's corporate secretary responded in a letter dated October 12 and postmarked October 19, 2005, stating that he believed both the company and the "Farmer Family" were in "full compliance with their disclosure obligations," but also that the quoted statement by the company representative regarding the "Farmer Family Trusts" did not require correction.  The corporate secretary's letter did not state his relationship to the "Farmer Family" or to the "Farmer Family Trusts."  A scanned copy of the letter can be downloaded from the following link:


575 Madison Avenue
New York, New York 10022
Telephone (212) 605-0335
Facsimile (212) 605-0325


October 11, 2005




By telecopier: 310/320-2436


John M. Anglin, Esquire


Farmer Bros. Co.

20333 South Normandie Avenue

Torrance, California 90502



Dear Mr. Anglin:

            A statement attributed to a Farmer Bros. spokesman in a week-end news report indicated that the information available to public investors concerning the control of stock by family trusts is insufficient.[*]

            It had been assumed that the reports you filed with the SEC on March 14, 2005 had provided all of the relevant information we had requested about control of the stock.  If what the spokesman reportedly said is true, I encourage you to immediately provide whatever additional information is needed for public investors to fully understand who controls more than a third of the company’s stock.  Alternatively, if what the spokesman reportedly said is not true, I assume you will promptly issue a corrective statement.


Sincerely yours,





Gary Lutin



cc:        Andrew Petillon, Esquire


[*] See The Daily Breeze, October 8, 2005, "Investors in Farmer Bros. to mull sale”:

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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.

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