MNTG » Topics » ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

This excerpt taken from the MNTG 10-Q filed May 12, 2008.

ITEM 3.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

        We are exposed to changes in interest rates primarily from our variable rate long-term debt arrangements. However, with the issuance of the fixed rate senior unsecured notes in March 2003 and senior subordinated notes in May 2006, our exposure to interest rate changes will be limited to amounts which may be outstanding under the $125 million Fifth Amended and Restated Credit Agreement (See Liquidity and Sources of Capital).

        Depending upon the amounts outstanding under the Fifth Amended and Restated Credit Agreement, a hypothetical 100 basis point (1%) change in interest rates would result in an annual interest expense change of up to approximately $1,250,000 (assuming an increase in the principal amount outstanding from $0 to $125 million).

These excerpts taken from the MNTG 10-K filed Apr 3, 2008.

ITEM 7A.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

        We are exposed to changes in interest rates primarily from our variable rate long-term debt arrangements. However, with the issuance of the fixed rate senior unsecured notes in March 2003 and senior subordinated notes in May 2006, our exposure to interest rate changes will be limited to amounts which may be outstanding under our $125 million Fifth Amended and Restated Credit Agreement, as amended. (See Liquidity and Sources of Capital).

        Depending upon the amounts outstanding under the Fifth Amended and Restated Credit Agreement as amended, a hypothetical 100 basis point (1%) change in interest rates would result in an annual interest expense change of up to approximately $1,250,000 (assuming an increase in the principal amount outstanding to $125 million)

        At December 31, 2007, the fair value of our credit facilities and other long-term debt approximates the carrying value, except for our senior unsecured notes and senior subordinated notes for which the fair value was determined based upon market quotes. The aggregate fair value of the senior unsecured notes and senior subordinated notes was $248.1 million at December 31, 2007.

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ITEM 7A.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.



        We are exposed to changes in interest rates primarily from our variable rate long-term debt arrangements. However, with the issuance of the fixed rate
senior unsecured notes in March 2003 and senior subordinated notes in May 2006, our exposure to interest rate changes will be limited to amounts which may be outstanding under our $125 million
Fifth Amended and Restated Credit Agreement, as amended. (See Liquidity and Sources of Capital).



        Depending
upon the amounts outstanding under the Fifth Amended and Restated Credit Agreement as amended, a hypothetical 100 basis point (1%) change in interest rates would result in an
annual interest expense change of up to approximately $1,250,000 (assuming an increase in the principal amount outstanding to $125 million)



        At
December 31, 2007, the fair value of our credit facilities and other long-term debt approximates the carrying value, except for our senior unsecured notes and
senior subordinated notes for which the fair value was determined based upon market quotes. The aggregate fair value of the senior unsecured notes and senior subordinated notes was
$248.1 million at December 31, 2007.



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This excerpt taken from the MNTG 10-Q filed Nov 9, 2007.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

        We are exposed to changes in interest rates primarily from our variable rate long-term debt arrangements. However, with the issuance of the fixed rate senior unsecured notes in March 2003 and senior subordinated notes in May 2006, our exposure to interest rate changes will be limited to amounts which may be outstanding under the $155 million Fifth Amended and Restated Credit Agreement (See Liquidity and Sources of Capital).

        Depending upon the amounts outstanding under the Fifth Amended and Restated Credit Agreement, a hypothetical 100 basis point (1%) change in interest rates would result in an annual interest expense change of up to approximately $1,550,000 (assuming an increase in the principal amount outstanding from $0 to $155 million).

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