EX-1
from SC 13D/A
1 page
Exhibit 1 via Facsimile & U.S. Mail August 8, 2002 Mr. A. James Dearlove President & C.E.O. Penn Virginia Corporation One Radnor Corp Center, Suite 200 100 Matsonford Road Radnor, Pa 19087-4515 Dear Mr. Dearlove: I Am Writing to Inform You That We Have Recently Acquired Additional Penn Virginia (The "Company") Shares Bringing Our Holdings to 707,600 Shares or 7.9 % of the Outstanding Shares. as You Know, We Have Had Ongoing Discussions With One or More Parties That Could Be Interested in Acquiring the Company at a Significant Premium to Its Current Level. We Would Like to Meet With You to Discuss the Possibility of Selling the Company to Such a Strategic Buyer. We Would Be Pleased to Come to Your Offices Accompanied by Such a Strategic Buyer to Discuss a Potential Friendly Acquisition of the Company or Other Means to Maximize Shareholder Value. I Believe That Such an Acquisition Could Be Effected at a Substantial Premium to the Market, Negotiated on a Friendly Basis and Is in the Best Interest of the Company's Shareholders, Employees and Communities That It Serves. I Look Forward to Speaking With You to Arrange a Time to Meet to Discuss This Matter. Sincerely, /S/ Daniel S. Loeb Daniel S. Loeb
12/34/56
EX-1
from SC 13D
1 page
Exhibit 1 Joint Filing Agreement Pursuant to Rule 13d-1(k)(1) the Undersigned Acknowledge and Agree That the Foregoing Statement on Schedule 13d Is Filed on Behalf of Each of the Undersigned and That All Subsequent Amendments to This Statement on Schedule 13d Shall Be Filed on Behalf of Each of the Undersigned Without the Necessity of Filing Additional Joint Filing Agreements. the Undersigned Acknowledge That Each Shall Be Responsible for the Timely Filing of Such Amendments, and for the Completeness and Accuracy of the Information Concerning It Contained Therein, but Shall Not Be Responsible for the Completeness and Accuracy of the Information Concerning the Others, Except to the Extent That It Knows or Has Reason to Believe That Such Information Is Inaccurate. This Agreement May Be Executed in Any Number of Counterparts and All of Such Counterparts Taken Together Shall Constitute One and the Same Instrument. Dated: February 28, 2002 Third Point Management Company L.L.C. By: /S/ Daniel S. Loeb Name: Daniel S. Loeb Title: Managing Member Dated: February 28, 2002 /S/ Daniel S. Loeb Daniel S. Loeb
12/34/56