The undersigned shareholder (the "Shareholder") of Rose & Kiernan, Inc. (the "Company"), hereby elects to reinvest dividends received on all of the shares of Company common stock, $2.50 par value per share, owned by the Shareholder (the "Shares"), pursuant to the Company's Dividend Reinvestment Plan dated August 27, 1996 (the "Plan"). The Shareholder represents that he or she has received a copy of the Plan, has read and understands it, acknowledges all of the statements and representations made in the Plan as though they are fully reproduced herein, and will abide by the terms of the Plan.

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Shareholder Signature

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Print or Type Shareholder Name

Dated: _________________________

Received by the Company on (date):

Joseph F. Vitale, Plan Administrator