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Code of Business Conduct and Ethics - CTI Molecular Imaging Inc.

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                           CTI MOLECULAR IMAGING, INC.


                                TABLE OF CONTENTS

PURPOSE........................................................................... 1
REPORTING VIOLATIONS.............................................................. 4
OUR OBLIGATION TO YOU............................................................. 5
CODE ADMINISTRATOR AND COMPLIANCE COMMITTEE....................................... 6
INVESTIGATIONS AND ENFORCEMENT.................................................... 7
YOUR OBLIGATION TO THE COMPANY.................................................... 7
DISCLOSURE, AMENDMENTS AND WAIVERS................................................ 8
   Compliance with Laws, Rules and Regulations.................................... 9
   Conflicts of Interest..........................................................12
   Corporate Opportunities........................................................14
   Protection and Proper Use of Company Assets....................................15
   Work Environment...............................................................16
   Confidential and Proprietary Information.......................................16
   Fraudulent Activities..........................................................20
   Integrity of Records and Compliance with Accounting Principles.................20
   Disclosure Policies and Controls...............................................21
   Fair and Honest Dealing........................................................21
   Bribery, Kickbacks and Other Improper Payments; Customer and 
       Supplier Relations.........................................................21
   Ethics & Compliance in the International Community.............................24
   Supplemental Standards for Principal Executive Officer, Principal 
       Financial Officer and other Senior Financial Officers .....................25
       Reporting Any Illegal or Unethical Behavior................................26
       Compliance Reminders.......................................................26
       Certificate of Adoption of the Code........................................27


    This Code is not intended to create, nor does it create, any contractual
                         rights related to employment.




         Dear employees, officers and directors ("team members") of CTI
Molecular Imaging, Inc. (the "Company"):

         The Company encourages you to conduct yourself everyday in a way that
helps us maintain an outstanding reputation in the communities we serve. You
already are excellent stewards for the Company. This Code of Business Conduct
and Ethics (this "Code") puts into writing many of the behaviors that you
already display and the actions you are already taking. Nonetheless, a written
code is an important reference source for employees, officers and directors,
especially in situations where there is some question about how to determine
"the right thing to do." Additional guidance is provided in the Company's
standard operating procedures and guidelines accessible in our "Corporate
Information on Notes" workspace.

         If a law, local custom, business practice or policy that you encounter
conflicts with this Code, please contact the Code Administrator (as defined
below) prior to taking any action in order to obtain guidance on handling the
potential conflict.

         You should keep in mind these important considerations when reading
this Code:

         -        The Code should be applied both in letter and in spirit.

         -        This Code should be considered together with any applicable
                  laws and regulations, as well as any applicable company
                  policies and procedures.

         -        The Code applies to all of our employees, officers and
                  directors regardless of where they work or their positions in
                  the overall organization.

         -        It is the policy of the Company for anyone aware of any
                  possible violation of this Code or of any Company policy or
                  legal requirement to report the possible violation. We will
                  not tolerate retaliation against anyone for such reporting.

         -        Anyone who does not comply with this Code, as well as with
                  other corporate policies and procedures, may be disciplined,
                  up to and including termination. Violations of the standards
                  outlined in this Code also could result in criminal penalties,
                  civil liabilities, or both. If you are in a situation that you
                  believe may violate or lead to a potential violation of this
                  Code, follow the guidelines provided elsewhere in this Code or
                  contact the Code Administrator.

         Integrity and a high standard of ethics are fundamental to our beliefs.
The Company is committed to doing what is right and deterring wrongdoing. In
dealings with our customers, suppliers and fellow employees, these principles
require that we:



         -        conduct ourselves in a forthright and honest manner

         -        are fair and considerate in all dealings

         -        maintain professional behavior in all relationships

         -        make only commitments we believe we can keep - and keep them

         -        respect the rights and dignity of all individuals

         -        obey the law

         The Company will take steps to communicate the provisions of this Code
and other company policies and procedures to its team members through periodic
training programs and the dissemination of other information. Your commitment to
this Code is required. If you have questions about this Code or the proper
course of action to take in a particular situation, ask your immediate
supervisor or the Code Administrator for direction. We may modify the Code from
time to time, so please be alert to notices relating to changes.


         The Company exists to advance the quality of life of our customers,
team members and stockholders through technology, creativity and innovation.

         We place high value on market understanding, customer satisfaction, the
individual and the team, continuous improvement, creativity, technological
strength and depth, and high integrity.

         To ensure that our mission becomes part of our everyday existence, and
part of our culture, the Company's business, financial and human resources
strategies are designed to support it. We continually evaluate and modify these
strategies to ensure they support our mission. The various processes, practices
and programs within the Company are founded on these strategies.


         We expect our team members to adhere to a high standard of ethics and
to comply with all laws and regulations that govern our businesses. Our aim is
to promote an atmosphere in which ethical behavior is well recognized as a
priority and practiced and to treat fairly all persons regardless of such
factors as race, religion, gender, disability, age, or national origin.

         The guidelines and standards in this Code are grouped under section
headings that emphasize the fundamental and overriding principles that should
guide our behavior. We should act in a manner that will serve the best interests
of the Company and its stockholders; that will preserve confidential
information; and that will avoid conflicts of interest or the appearance of
conflicts of interest.

         This Code cannot provide rules to cover every circumstance. Answers to
questions involving ethical considerations are often neither easy nor clear-cut.
If you have a question about a particular situation, discuss it with your
manager or, if further



clarification is needed, the Code Administrator should be notified. Our General
Counsel is the Code Administrator. A process for resolving questions or issues
that may arise under the Code is provided in the sections below entitled
"Reporting Violations," and "Compliance Reminders."


         We seek to obtain and preserve the trust and confidence of our
customers, vendors, and team members. In order to do so, complete honesty and
fairness is required in conducting our internal and external business. This
requires that team members provide accurate and complete information in dealings
with vendors, customers and other company team members. In cases involving
sensitive and/or proprietary information, team members must not discuss the
information except on a "need to know" basis. (See "Standards of Conduct and
Ethics for Employees, Officers and Directors--Confidential and Proprietary
Information" below.) The products and services of the Company should be
presented accurately and fairly. Any practice, no matter how long-standing or
widespread, that involves conveying inaccurate or incomplete information in
dealings with others is not acceptable. A copy of this Code should be provided
to the Company's agents, representatives and consultants so they are aware of
the ethical and business standards that are expected of persons acting on behalf
of the Company.

         As a team member of the Company, you are expected:

         -        To be knowledgeable about the requirements of your position
                  including the Company's expectations and governmental rules
                  and regulations that apply to your position;

         -        To conduct all aspects of the Company's business in an ethical
                  and legal manner and in accordance with federal laws and
                  regulations and the laws and regulations of all localities and
                  states where the Company does business;

         -        To comply with the Company's guidelines, polices, and
                  procedures, including this Code; and

         -        To assist co-workers in their professional development and to
                  support them in following the Code.

         You are expected to exercise good judgment and common sense in your
decision-making and your dealings with others. Commitments should be made only
if they can be met realistically. The services of others, such as suppliers,
attorneys, or consultants, should be chosen based on the quality of service and
competitiveness of price.

         If you become aware of actual or potential problems in any area of the
Company's services or operations or in its business relationships with vendors,
you should inform the Code Administrator. Also, when the applicability and
interpretation of laws, regulations or policy is unclear, seek advice from the
Code Administrator.




         This Code contains additional standards of conduct for the Company's
principal executive officer, principal financial officer, other Senior
Leadership Team members, controller and certain other senior financial, policy
making and accounting executives. These can be found under the section entitled
"Supplemental Standards for Principal Executive Officer, Principal Financial
Officer and Other Senior Financial Officers."

                              REPORTING VIOLATIONS

         It is the policy of the Company that anyone aware of a possible
violation of this Code, or any other Company policy or legal requirement, report
that possible violation to the Company. There are several options available to
you if you need to make a report:

         YOU CAN SPEAK WITH YOUR SUPERVISOR. We encourage you first to contact
your immediate supervisor, who is in turn responsible for informing the Code
Administrator of any concerns raised.

to discuss a concern with your own supervisor, you may instead contact the Code
Administrator directly at (865) 218-3830. You are also free to e-mail the Code
Administrator at

         YOU CAN CALL OUR COMPLIANCE LINE. You may also call the Company's
Compliance Line at 1-800-___ - ____. You can use the Compliance Line to report
possible violations or to check on the status of a previously filed report. You
can also report to the Compliance Line if you feel that a report previously made
to company management, your supervisor, other management personnel or the Code
Administrator has not been addressed.

         The Compliance Line is administered by an outside vendor. The telephone
operators for the Compliance Line have been trained to receive your call. The
Compliance Line is available 24 hours a day, seven days a week. All calls will
be answered by a live person. Calls are not recorded and are not able to be
traced. You have the option to remain anonymous. If you remain anonymous, you
will be given a numeric code so that you may call back and ask for follow up.
You will be guided through the call and prompted by appropriate questions from
the operator. You will be given a date on which you can call back and receive a
follow up report. Once the call is completed, a report will be generated and
sent to the Code Administrator. You are urged to call back for follow up,
because in the event more information is required, this will be an opportunity
for you to provide those details.



         If you report a possible violation, regardless of the method that you
use to make the report, it is important that you provide as much detail as
possible, including names, dates, times, locations and the specific conduct in
question. Only with sufficient specific information can the Company adequately
investigate the reported action.

         Your submission of information will be treated in a confidential manner
to the extent reasonably possible. Please note, however, that if an
investigation by the Company of the activities you have reported takes place, it
may be impossible for the Company to maintain the confidentiality of the fact of
the report or the information reported.

                              OUR OBLIGATION TO YOU

         The Company is committed to providing a workplace conducive to open
discussion of its business practices. It is the policy of the Company for anyone
aware of any possible violation of this Code or of any of our policies and
procedures or any legal requirement to report the possible violation. We will
not tolerate retaliation against anyone for such reporting. It is also our
policy to comply with all laws that protect employees against unlawful
discrimination or retaliation by anyone at the Company as a result of their
lawfully and truthfully reporting information regarding, or their participating
in, investigations involving allegations of corporate fraud or other violations
by the Company or its agents of federal or state law.

         Of course, reports based upon evidence that the employee knows to be
false and reports that the employee knows, or reasonably should know, to be
groundless are not appropriate and the Company reserves the right to take
appropriate disciplinary action with respect to such reports. In addition,
except to the extent required by law, this policy does not cover an employee who
violates the confidentiality of any applicable lawyer-client privilege to which
the Company or its agents may be entitled, or who violates his or her
confidentiality obligations with regard to the Company's trade secrets or other
confidential information. If you have any questions as to what information may
be confidential or as to what your obligations may be with respect to particular
information, you should contact the Code Administrator.

         If you believe that you have been subjected to any action that violates
this policy, you may file a complaint with your supervisor or the Code
Administrator. If it is determined that you have experienced any improper
employment action in violation of this policy, corrective action will be taken.




         As part of the Company's commitment to conducting its business
ethically, the Board of Directors has appointed a Code Administrator and created
a management committee to help administer and implement the Code (the
"Compliance Committee"). The Code Administrator serves as chair of the
Compliance Committee and will handle the Company's day-to-day compliance
matters. The Code Administrator and Compliance Committee have overall
responsibility to:

         -        Receive, collect, review, process, investigate and resolve
                  concerns and reports by employees and others on the matters
                  described in the Code;

         -        Work with legal counsel from time to time to review the Code
                  in connection with current federal, state and local laws;

         -        Recommend to the Audit Committee of the Board of Directors any
                  updates to the Code deemed necessary;

         -        Present to the Company's Disclosure Committee, on a periodic
                  basis, either a copy or summary of each report received
                  regarding the Company's accounting, auditing, and internal
                  auditing controls or disclosure practices;

         -        Present directly to the Audit Committee of the Board of
                  Directors on a quarterly basis, unless immediate attention by
                  the Audit Committee as warranted, a copy of each report
                  received regarding the Company's accounting, auditing, and
                  internal auditing controls or disclosure practices;

         -        Coordinate with Human Resources the establishment of programs
                  to educate all team members about the Code and compliance

         -        Provide guidance on the meaning and application of the Code;

         -        Communicate with independent contractors and agents about the
                  Code, as necessary;

         -        Monitor and audit compliance with the Code; and

         -        Report periodically to management and the Audit Committee of
                  the Board of Directors on implementation and effectiveness of
                  the Code and other compliance matters.




         Reports of possible violations of the Code will be collected, reviewed
and processed by the Code Administrator. The Code Administrator may refer
reports submitted, as he or she determines to be appropriate or as required
under the directives of the Board of Directors to the Board or an appropriate
committee of the Board. Any reports submitted that involve the Company's
accounting, auditing and internal auditing controls and disclosure practices
will be presented directly to the Audit Committee of the Board of Directors on a
periodic basis, unless immediate attention by the Audit Committee is warranted.

         Reports of possible violations of the Code will be investigated by the
Company and, if a violation of the Code is substantiated, disciplinary action
will be taken, where necessary, including appropriate sanctions for the
individual(s) involved, up to and including termination of employment. Any
executive officer or director believed to have participated in a possible
violation shall not be permitted to participate in any investigation or
recommendation for disciplinary action or sanctions.

         Violations of the Code that may also constitute illegal conduct shall
be addressed, which may include making a report to civil or criminal authorities
for further action. In addition, the Company may, under certain circumstances,
be required to disclose violations of the Code to the stockholders of the

         The Company may also from time to time conduct reviews to assess
compliance with the Code.

                         YOUR OBLIGATION TO THE COMPANY

         The following information outlines standards of conduct and ethics of
the Company and its subsidiaries and affiliates. One person's misconduct can
damage the Company's hard-earned reputation and compromise the public's trust in
the Company. Every team member of the Company should become familiar with this

         If you have a question about a topic covered in this Code or a concern
regarding any conduct, please speak with your supervisor or with the Code



         As a team member of the Company, you have the following compliance
obligations under the Code:

         -        To read and comply with the Code. It is also your
                  responsibility to comply with the law and behave in an ethical

         -        To ensure that any required disclosures are made and approvals
                  and exceptions are obtained through the process outlined in
                  this section.

         -        To understand the Code and to get clarification if you are
                  unsure about its application in a specific situation. This
                  Code cannot anticipate every possible situation or cover every
                  topic in detail. From time to time, we may establish special
                  policies to address specific subjects. If you are unclear
                  about a situation, stop and ask for guidance from your
                  supervisor or the Code Administrator before taking action. If
                  you are uncomfortable speaking with any of these people or you
                  wish to remain anonymous, you may call the Compliance Line at
                  1-800-__--____ (your call is free and will be protected on the
                  basis of strict anonymity).

         -        To help ensure that our company complies with all applicable
                  laws and regulations. Failure to obey laws and regulations
                  violates this Code and may expose both you and the Company to
                  criminal or civil sanctions. Any violation of this Code or
                  other corporate policies may result in disciplinary action, up
                  to and including termination. The Company may also seek civil
                  remedies from you and even refer criminal misconduct to law
                  enforcement agencies.

         -        To report possible violations of this Code or any illegal or
                  unethical behavior to the Code Administrator.

         -        On the Company's request, to confirm in writing, using the
                  form attached hereto as Exhibit A, that you have received and
                  read a copy of the Code and that you are in compliance with
                  its provisions.



         To the extent required by law or applicable NASDAQ standards, the
Company shall publicly (e.g., in its Annual Report on Form 10-K or on its
website) disclose this Code and its application to all of the Company's
directors, executive officers, senior financial officers and other employees.




         This Code may only be amended by the Company's Board of Directors or a
duly authorized committee thereof. To the extent required by law, amendments to
the Code shall be disclosed publicly.


         Any waiver of the Code for any of the Company's senior financial
officers, executive officers or directors may be made only by the Board of
Directors or a duly authorized committee thereof. To the extent required by law
or applicable NASDAQ standards , any such waivers for senior financial officers,
executive officers or directors shall be disclosed publicly.

                             OFFICERS AND DIRECTORS


         The Company strives to ensure that all activity by or on behalf of the
Company is in compliance with applicable laws, rules and regulations. The
following standards are intended to provide guidance to team members to assist
them in their obligation to comply with applicable laws, rules and regulations.
These standards are neither exclusive nor complete. Additional corporate
policies and procedures are accessible in our "Corporate Information on Notes"
workspace, and others may be published to employees from time to time. Our team
members are required to comply with all applicable laws, rules and regulations,
whether or not specifically addressed in these policies. For additional
guidance, or if questions regarding the existence, interpretation or application
of any law, rule or regulation arise, please contact your supervisor or the Code


         All team members must comply with applicable antitrust and similar laws
that regulate competition in the countries in which we operate. Examples of
conduct prohibited by such laws include:

         -        agreements to fix prices, bid rigging, market allocation and
                  collusion (including price sharing) with competitors;



         -        boycotts, certain exclusive dealing arrangements and price
                  discrimination agreements; and

         -        unfair trade practices, including bribery, misappropriation of
                  trade secrets, deception, intimidation and similar unfair


         The Company expects its team members to refrain from conduct that may
violate federal and state laws governing patient referrals, health care
financial relationships and participation in federal and state health care
benefit programs. The federal anti-kickback law prohibits any person or entity
from offering, paying, soliciting or receiving anything of value, directly or
indirectly, for the referral of patients covered by Medicare, Medicaid and other
federal and state health care benefit programs or the leasing, purchasing,
ordering or arranging for or recommending the lease, purchase or order of any
item, good, facility or service covered by these programs. There are many
similar state laws. These anti-kickback laws are broad and may apply to some of
our activities or our relationships with our customers or business partners.


         It is our policy to comply with all applicable environmental laws,
rules and regulations. Our team members will strive to utilize resources
appropriately and efficiently and dispose of waste in accordance with applicable
laws, rules and regulations.


         The diversity of the Company's employees is a tremendous asset. We
believe the fair and equitable treatment of employees, customers and suppliers
and other persons is critical to fulfilling our visions and goals. It is
therefore our policy to conduct the Company's business, and to recruit, hire,
train, promote, assign, transfer, layoff, recall and terminate employees,
without regard to the race, color, religion, gender, ethnic origin, sexual
orientation, age or disability of such person, or any other classification
protected by applicable law. It is our policy to recruit, hire, train, promote,
assign, transfer, layoff, recall and terminate employees based on their own
ability, achievement, experience and conduct and other legitimate business

         The Company is proud of its work environment, and we will continually
take steps to maintain a pleasant work environment for all of our employees and
at all of our locations. It is our corporate policy that employees treat each
other with courtesy, consideration and professionalism. We will not tolerate
harassment of any employee by any other employee or supervisor for any reason.
In addition, harassment for any discriminatory reason, such as race, sex,
national origin, disability, sexual orientation, age or religion, is prohibited
by state and federal laws, which may subject the Company and/or the individual
harasser to liability for any such unlawful conduct. The Company prohibits not
only unlawful harassment, but also other unprofessional actions.


Accordingly, derogatory racial, ethnic, religious, age, sexual orientation,
sexual or other inappropriate remarks, slurs or jokes will not be tolerated.

         Employees should report allegations of harassment or discrimination
immediately upon their occurrence in accordance with the Company's Appropriate
Workplace Behavior Policy guidelines accessible in our "Corporate Information on
Notes" workspace. Reported allegations of harassment or discrimination will be
investigated in accordance with applicable laws and human resources policies.
Employees are expected to seek advice from the Code Administrator when
confronted with business decisions involving a risk of violation--or even the
potential appearance of violation--of these laws.


         The Company's policy is to protect the privacy and confidentiality of
those individuals whose health care information may be identifiable within the
services supplied by the Company to its customers in conformance with applicable
law, including HIPAA. The Company and its employees, officers and directors will
strive to comply with all applicable HIPAA provisions that regulate the privacy,
security and electronic transmission of health information. The Company expects
its employees to use and disclose (or refrain from disclosing) protected health
information as proscribed by the federal government under HIPAA and related
regulations. It is also our policy to adhere to the established uniform
standards relating to data reporting, formatting, and coding that HIPAA "covered
entities" must use in conducting certain health care transactions. Questions
regarding the use and disclosure of protected health information may be directed
to the Company's Legal Department.


         Certain other state and federal laws other than HIPAA govern the
collection, storage, dissemination, transfer, use, access to and confidentiality
of personal information and patient health information. Other countries also
have, or are developing, their own laws governing the collection, use, storage,
dissemination and transfer of personal information or patient data. These laws
can work to limit transfers of such data across borders and even among
affiliated entities in our group of companies. The Company and its team members
will comply with all provisions of these laws that relate to its business,
including the privacy, security and electronic transmission of health and other
personal information. The Company expects its team members to keep all such data
confidential and to protect, use and disclose information in the conduct of our
business only in compliance with these laws. The Company will consider and may
release personal information to third parties to comply with law or to protect
the rights, property or safety of the Company and its customers.


         The purchase or sale of the Company's securities while aware of
material nonpublic information about the Company, or the disclosure of material

                                     - 11 -

information to others who then trade in the Company's securities, is prohibited
by the Company and by the federal securities laws. Our Board of Directors has
adopted an insider trading policy that applies to all directors, officers and
other employees. All team members should review the insider trading policy
carefully and follow the policies and procedures described therein. The failure
of a team member to comply with the Company's insider trading policy may subject
him or her to Company imposed sanctions, up to and including termination for
cause, whether or not the failure to comply results in a violation of law.


         Refer to our Insider Trading Policy for all questions as to trading in
the Company's securities, insider trading, and related concerns. If you have
questions about the Company's insider trading policy, please contact the Code


         Employees, officers and directors shall comply with all laws, rules and
regulations governing campaign finance and lobbying activities and shall not
engage in any conduct that is intended to avoid the application of such laws to
activities undertaken on the Company's behalf. In addition, executive officers
shall monitor compliance with lobbyist registration and disclosure requirements
by all individuals who act on behalf of the Company.

                              CONFLICTS OF INTEREST

         A "conflict of interest" occurs when an individual's private interest
interferes in any way, or even appears to interfere, with the interests of the
Company as a whole. A conflict of interest situation can arise when an employee,
officer or director takes actions or has interests that may make it difficult to
perform his or her company work objectively and effectively. Conflicts of
interest also arise when an employee, officer or director, or a member of his or
her family, receives improper personal benefits as a result of his or her
position in the Company.

         Directors, officers and employees owe a duty of undivided and
unqualified loyalty to the Company and may not use their positions improperly to
profit personally or to assist others in profiting at the expense of the
Company. All team members are expected to regulate their activities so as to
avoid conflicts of interest. In addition, team members shall communicate to the
Code Administrator any material transaction or relationship that reasonably
could be expected to give rise to a conflict of interest.

         You are expected to devote your full time and attention to the
Company's interests during regular work hours and during any additional time
that is required.

                                     - 12 -

While we recognize that involvement in civic and political activities is
beneficial to your personal growth and influence within your community and
profession, as well as to the Company, participation in outside activities must
not adversely affect your performance of your duties for the Company. Outside
activities that compete with the Company's business or present a conflict or
potential conflict of interest are not permitted

         While not all-inclusive, the following will serve as a guide to the
types of activities that might cause conflicts of interest:


-        Ownership or other interest in or employment by any outside concern
         which does business with the Company. This does not apply to stock or
         other investments held in a publicly held company, provided that the
         stock and other investments do not, in the aggregate, exceed 5% of the
         outstanding ownership interests of such company. The Company may,
         following a review of the relevant facts, permit ownership interests
         which exceed these amounts if management or the Board of Directors, as
         appropriate, concludes such ownership interests will not adversely
         affect the Company's business interests or the judgment of the affected
         director, officer or employee.

-        Conducting business, not on behalf of the Company, with any the Company
         vendor, supplier, contractor, agency, or any of their directors,
         officers or employees.

-        Representation of the Company by a director, officer or employee in any
         transaction in which he or she, or a family member, has a substantial
         personal interest.

-        Disclosure or use of confidential, special or inside information of or
         about the Company, particularly for personal profit or advantage of the
         director, officer or employee, or a family member of such person.

-        Competition with the Company by a director, officer or employee,
         directly or indirectly, in the purchase, sale or ownership of property
         or services or business investment opportunities.


         Generally, it is aconflict of interest for a Company employee to work
simultaneously for a competitor, customer or supplier. Thus, no team member
shall perform work or render services for any competitor of the Company or for
any organization with which the Company does business or which seeks to do
business with the Company, outside of the normal course of his/her service or
employment with the Company, without the prior approval of the Code
Administrator (or the Audit Committee of the Board of Directors for our
executive officers, senior financial officers or directors).

                                     - 13 -

No team member shall be a director, officer, or consultant of such an
organization, nor permit his/her name to be used in any fashion that would tend
to indicate a business connection with such organization without this prior

         The best policy is to avoid any direct or indirect business connection
with our customers, suppliers or competitors, except on our behalf.


-        The Company encourages its employees to participate in religious,
         community, professional or charitable organizations and those within
         the industry that we serve. In order to avoid any conflict of interest,
         or appearance of a conflict, that could arise from service by an
         employee of the Company as a director or trustee of another
         organization, an employee must obtain prior approval from the Code
         Administrator before serving as a member of the board of directors or
         trustees of any business, industry or community organization. Approval,
         however, is not required to participate in a non-profit organization if
         the team member is not a director or trustee unless there is a
         potential conflict of interest between the organization and the
         Company. Participation shall not imply that the team member is serving
         at the direction or request of the Company.

-        The Company retains the right to prohibit membership by officers or
         employees on any board of directors or trustees where such membership
         might conflict with the best interests of the Company.

-        An officer or other employee must disclose all board of
         directors/trustees activities in his or her Conflict of Interest
         Disclosure Statement. A form Disclosure Statement is attached as
         Exhibit B to this Code of Conduct.

-        Participation shall not imply that the team member is serving at the
         direction or request of the Company.

-        Team members are encouraged to participate in political activities on
         their own time and in accordance with their individual desires and
         political preferences. However, it must be clear at all times that such
         participation is done as an individual and not as a representative of
         the Company. Before becoming a candidate or appointee to a public
         office, the team member must notify his/her manager or group leader and
         the Code Administrator.

                             CORPORATE OPPORTUNITIES

                                     - 14 -

         Our team members owe a duty to the Company to advance its legitimate
interests when the opportunity to do so arises. Team members shall not take for
personal use (or for use by a family member) any business opportunity learned of
during the course of serving the Company, using the Company's property or as a
result of such individual's position with the Company. To the extent that a team
member learns of a business opportunity that is within the Company's existing or
proposed lines of business, the employee, officer or director should inform his
or her supervisor or the Code Administrator or the Board of Directors, as
appropriate, of the business opportunity and refrain from personally pursuing
the matter until such time as the Company decides to forego the business
opportunity. At no time may any team member utilize any of the Company's
property, information or position to generate personal gain or engage or
participate in any business that directly competes with the Company.


         All team members shall strive to preserve and protect the Company's
assets and resources and to promote their efficient use. The standards set forth
below are intended to guide employees, officers and directors by articulating
the Company's expectations as they relate to activities or behaviors that may
affect the Company's assets.


         Theft, carelessness and waste have a direct impact on the Company's
profitability. Team members must not convert assets of the Company to personal
use. Company property should be used for the Company's legitimate business
purposes and the business of the Company shall be conducted in a manner designed
to further the Company's interest rather than the personal interest of an
individual team member. Our employees, officers and directors are prohibited
from the unauthorized use or taking of the Company's equipment, supplies,
materials or services. Prior to engaging in any activity on company time which
will result in remuneration to the team member or the use of the Company's
equipment, supplies, materials or services for personal or non-work related
purposes, officers and other employees shall obtain the approval of the
supervisor of the appropriate business unit and directors shall obtain the
approval of the Board of Directors.


         Our employees use software programs for word processing, spreadsheets,
data management, and many other applications. Software products purchased by the
Company are covered by some form of licensing agreement that describes the
terms, conditions and allowed uses. It is the Company's policy to respect
copyright laws and observe the terms and conditions of any license agreements.
Copyright laws in the United States and other countries impose civil and
criminal penalties for illegal reproductions and use of licensed software. You
must be aware of the restrictions on the use of software and abide by those

                                     - 15 -


         Our computer resources, which include the electronic mail system,
belong to the Company and not to the employee. They are not intended to be used
for amusement, solicitation, or other non-business purposes. While it is
recognized that employees will occasionally use the system for personal
communications, it is expected that such uses will be kept to a minimum and that
employees will be responsible and professional in their use of E-mail. The use
of the computer systems to make or forward derogatory or offensive remarks about
other people or groups is prohibited. E-mail messages should be treated as any
other written business communication. The Company's policies regarding its
electronic systems and communications are more fully described in the Electronic
and Telephone Communications System Policy.

                                WORK ENVIRONMENT

         The Company strives to provide a safe and healthy work environment for
all employees. Each team member has responsibility for maintaining a safe and
healthy workplace for all employees by following safety and health rules and
practices and by reporting accidents, injuries and unsafe equipment, practices
or conditions. Our EHS Program covers various standards we expect our employees
to follow with respect to maintaining a safe, productive and healthy work

         Violence and abusive and threatening behavior are not permitted. Team
members should report to work in condition to perform their duties, free from
the influence of alcohol or of illegal drugs. The use of illegal drugs in the
workplace will not be tolerated. The bringing of weapons of any type onto the
Company's property will likewise not be tolerated.




          Confidential information includes all non-public information that
might be of use to competitors, or harmful to the Company or its customers, if
disclosed. It also includes information that suppliers and customers have
entrusted to us. All information (in any form, including electronic information)
that is created or used in support of corporate business activities is the
property of the Company. This information is a valuable asset and our team
members are expected to protect it from unauthorized disclosure. This includes
the Company's customer, supplier, business partner and employee data. Federal

                                     - 16 -

and state law may restrict the use of such information and impose penalties for
impermissible use or disclosure.

         Our team members must not discuss confidential information with other
team members, except on a "need to know" basis. The obligation to preserve
confidential information continues even after employment ends.

         Team members are bound, during and after employment, by the CTI (or CPS
or PETNet, as the case may be) Guidelines for Protection of Confidential and
Proprietary Information form which obligates them to hold all confidential
information in confidence, to refrain from disclosing such information to any
person outside the Company without the Company's prior consent, and to refrain
from using confidential information for any purpose other than the performance
of their duties to the Company. Team members are also obligated to comply with
any disclosure obligations imposed on the Company in its agreements with third

         Information pertaining to the Company's competitive position or
business strategies and information relating to negotiations with employees or
third parties, should be protected and shared only with employees having a need
to know such information in order to perform their job responsibilities.


         All team members have an obligation to conduct themselves in accordance
with the principle of maintaining the confidentiality of patient and member
information, to the extent they have contact with such information, in
accordance with all applicable laws and regulations. Employees, officers and
directors shall refrain from revealing any personal or confidential information
concerning patients or members unless supported by legitimate business or
patient care purposes. If questions arise regarding an obligation to maintain
the confidentiality of information or the appropriateness of releasing
information, employees should seek guidance from the Code Administrator or Legal


         Our team members must carefully maintain and manage the intellectual
property rights of the Company to preserve and protect their value. Information,
ideas and intellectual property assets of the Company are important to the
Company's success. The obligation of all team members to protect the Company's
assets includes proprietary information and intellectual property such as trade
secrets, patents, trademarks, and copyrights, as well as business, marketing and
service plans, engineering and manufacturing ideas, designs, databases, records,
salary information and any unpublished financial data and reports. Unauthorized
use or distribution of this information would violate Company policy. It could
also be illegal and result in civil or even criminal penalties.

                                     - 17 -

         Our name, logo, trademarks, inventions, processes and innovations are
intellectual property assets and their protection is vital to the success of the
Company's business. The Company's and any of its subsidiaries' names, logos and
other trademarks and service marks are to be used only for authorized company
business and never in connection with personal or other activities unless
appropriately approved and in accordance with company policy. In addition, our
employees, officers and directors must respect the intellectual property rights
of third parties. Violation of these rights can subject both you and the Company
to substantial liability, including criminal penalties.

     A basic definition of each of the common types of intellectual property
rights follows:

     A PATENT permits an investor to exclude others from making, using, offering
to sell, selling or importing products or services covered by the claims of the
patents. Report any unauthorized use of the Company's patents, and only use
products or services covered by the patent of a third party as authorized by the
terms of the license agreement that the Company has entered into with the third

     TRADEMARKS and SERVICE MARKS are words, names, logos, and designs that help
consumers recognize the source of a product or service and distinguish it from
the source of products and services of competitors. Our name and logo are among
the Company's most valuable assets. The use of the Company's trademarks or
service marks by a third party must be properly authorized or licensed.
Conversely, the Company should be properly licensed or authorized to use a third
party trademark or service mark. Do not use a third party's trademark or service
mark without written permission.

     COPYRIGHTS protect works of authorship such as articles, drawings,
photographs, video, music, audiotapes and software. The owner of a valid
copyright enjoys many exclusive rights, including without limitation, the
exclusive rights to copy, perform, make derivative works and distribute the
works. Do not use, copy, distribute or store works of authorship without first
determining that the Company has obtained permission from the copyright holder
or that other limited copying is legally permitted.

     A TRADE SECRET is valuable non-public information, regardless of the form
of the information, that creates (i) a competitive advantage for the Company by
being kept secret and (ii) is the subject of efforts by Company reasonable under
the circumstances to maintain the secrecy of the information. Examples may
include information about customers, like their buying patterns and needs, and
financial, planning, marketing, and strategic information about the Company's
current and future business plans. Treat as trade secrets and keep confidential
all commercially sensitive and important business information of the Company and
all similar information of other companies and persons that the Company has
received under a confidentiality agreement. Follow all Company policies
regarding the treatment of sensitive information and follow all security
measures regarding the disclosure and distribution of sensitive information.

                                     - 18 -

     Intellectual property that you create while employed by the Company belongs
to the Company. You must share any innovations or inventions you create with
your supervisor so that the Company can take steps to protect these valuable


         The Company requires honest and accurate recording and reporting of
information in order to make responsible business decisions. For example, only
the true and actual number of hours worked should be reported.

         Many officers and employees regularly use business expense accounts,
which must be documented and recorded accurately. If you are unsure whether a
certain expense is legitimate, ask your supervisor or your controller. Rules and
guidelines are available from the Accounting Department. Please also refer to
the Company's Signature and Contract Approval Guidelines found in the Corporate
Information workspace under "Finance."

         All of the Company's books, records, accounts and financial statements
must be maintained in reasonable detail, must appropriately reflect the
Company's transactions and must conform both to applicable legal requirements
and to the Company's system of internal controls. Unrecorded or "off the books"
funds or assets should not be maintained unless permitted by applicable law or

         Business records and communications often become public, and we should
avoid exaggeration, derogatory remarks, guesswork, or inappropriate
characterizations of people and companies that can be misunderstood. This
applies equally to e-mail, internal memos and formal reports.

         Records should always be retained or destroyed according to the
Company's record retention policies. In accordance with those policies, in the
event of litigation or governmental investigation it is essential to follow the
advice of the Company's Law Department. Whenever litigation or an investigation
is pending or threatened, every potentially relevant document must be preserved
unless destruction has been approved by the Law Department.


         Salary, benefit, medical and other personal information relating to
employees shall be treated as confidential. Personnel files, payroll
information, disciplinary matters, and similar information are to be maintained
in a manner designed to protect confidentiality in accordance with applicable
laws. Employees, officers and directors shall exercise due care to prevent the
release or sharing of information beyond those persons who may need such
information to fulfill their job function. Notwithstanding the foregoing, all
personnel information belongs solely to the Company and may be reviewed or used
by the Company as needed to conduct its business.

                                     - 19 -

                              FRAUDULENT ACTIVITIES

         You must promptly report any activities that you believe may constitute
a violation of any law relating to securities fraud; mail fraud; bank, wire,
radio or television fraud; any rule or regulation of the Securities and Exchange
Commission; or any provision of law relating to fraud or deceptive practices
against stockholders. You must also promptly report any activities that you
believe constitute or will result in fraudulent reporting of the Company's
financial results.

                           WITH ACCOUNTING PRINCIPLES

         The preparation and maintenance of accurate and reliable business
records is required by law and is of critical importance to the Company's
decision-making processes and to the proper discharge of our financial, legal,
and reporting obligations. All financial and other business records, including
expense accounts, purchase orders, requisitions, bills, payroll, reports to
government agencies, and other reports, books and records of the Company must be
prepared with care and honesty. False or misleading entries in such records are
unlawful and are not permitted.

         All corporate funds and assets must be recorded in accordance with
generally accepted accounting principles, consistently applied ("GAAP") and
applicable corporate procedures. No undisclosed or unrecorded corporate funds
shall be established for any purpose nor should the Company's funds be placed in
any personal or non-corporate account. No director, officer or employee,
whatever his or her position, is authorized to depart from the Company's policy
or to condone a departure by anyone else.

         The Company maintains a system of internal controls and procedures that
it believes provides reasonable assurance that transactions are executed in
accordance with management's authorization and properly recorded and that
financial records and reports are accurate and reliable. This system includes
written policies and procedures and examination by professional auditors. All
directors, officers and employees are expected to adhere to these procedures.

         Compliance with accounting and internal controls and procedures and
auditing procedures is required at all times. The Company expects for both the
letter and the spirit of internal controls and procedures to be strictly adhered
to at all times.

         A Note on "Side Letters": Members of the Company's sales force shall
not enter into any so-called "side letters" with customers or potential
customers of the Company. "Side letters" are defined as letters, amendments or
arrangements that alter fundamental terms--particularly the financial terms--of
sales contracts but which are intentionally not reported or disclosed to the
Company's senior officers and financial officers. Such letters directly and
negatively affect the Company's revenue recognition under GAAP, and no

                                     - 20 -

side letter shall be entered into by any of the Company's employees with any
customer or potential customer of the Company. Any violation of this directive
will not be tolerated.


         The Company must disclose to the SEC and the NASDAQ Stock Market, its
stockholders and the investing public, information that is required to be
disclosed under the securities laws and also any information that may be
necessary to ensure the required disclosures are not misleading or inaccurate.
The Company requires you to participate in the disclosure process, which is
overseen by the Company's Disclosure Committee and the Company's chief executive
officer and chief financial officer.

         The disclosure process is designed to record, process, summarize and
report material information as required by all applicable laws, rules and
regulations. Participation in the disclosure process is a requirement of a
public company, and full cooperation and participation by all team members in
the disclosure process is a requirement of this Code.

                             FAIR AND HONEST DEALING

         We seek to outperform our competition fairly and honestly. We seek
competitive advantages through superior performance, never through unethical or
illegal business practices. Our team members shall deal fairly and honestly with
the Company's stockholders, customers, suppliers, competitors and employees.
Such individuals shall behave in an ethical manner and shall not take unfair
advantage of anyone through manipulation, concealment, abuse of privileged
information, misrepresentation of material facts, or any other unfair dealing or
practice. Stealing proprietary information, possessing trade secret information
that was obtained without the owner's consent, or inducing such disclosures by
past or present employees of other companies is prohibited.

                         CUSTOMER AND SUPPLIER RELATIONS


         The Company and its employees, officers and directors must maintain
high ethical and professional standards in dealing with government officials and
members of the private sector. The Company's funds, property or services must
not be given, either directly or indirectly, to anyone in an improper effort to
obtain or retain business for the Company or to obtain special or unusual
treatment in connection with a business transaction.

                                     - 21 -


         The Company competes vigorously, but fairly. Do not misrepresent or
exaggerate our products, services or capabilities, even if fair and honest
representation means potentially losing a sale. If silence about a fact could
mislead a customer, disclose the information. Communicate clearly and precisely
so that customers understand the terms of contracts, including schedules,
prices, and responsibilities. Customers rely on our employees and on our
commitment to them.


         Strive to build good working relationships with our suppliers. Choose
the services of others, such as suppliers or consultants, based on merit,
considering, among other things, competitiveness of price, the quality of
service, delivery capability, responsiveness and reputation for service and


         Gifts, meals and entertainment are common courtesies intended to build
goodwill and sound working relationships among business professionals, not to
gain unfair advantage with customers. You may accept or offer meals and
entertainment from and to other business professionals if they are voluntarily
offered, for a legitimate business purpose, are reasonable, and do not
compromise (or could appear to compromise) your or their business judgment or
your or their ability to make objective and fair business decisions.

         It is improper for you or your family members to knowingly request,
accept or offer anything else that could be construed as an attempt to influence
your performance of duties or to favor a customer, supplier, or competitor
contrary to the best interests of the Company, including gifts, payments,
travel, honoraria, or other valuable benefits from any existing or potential
customer, supplier, or competitor. Loans of any sort are strictly prohibited.

         Team members are not authorized to provide or accept gifts (including
cash gifts), entertainment, payment, favors or anything of significant value
(defined as approximately $100 in value) from a customer, supplier, consultant
or other party seeking to conduct, or currently conducting business with, the
Company. The following items are not subject to the $100 limit:

         -        Gifts clearly given to the Company rather than to an
                  individual team member (i.e. a painting, a commemorative
                  plaque or sculpture, etc.);

         -        Gifts based on obvious family or personal relationships when
                  it is clear that the relationship, and not the Company's
                  business, is the basis for the gift; and

                                     - 22 -

         -        Awards from civic, charitable, educational, or religious
                  organizations for recognition of service or accomplishment.

         No gift or entertainment should ever be offered, given, provided or
accepted by any team member or family member of an officer, employee or agent
unless it: (1) is not a cash gift; (2) is consistent with customary business
practices; (3) cannot be construed as a bribe or payoff; and (4) does not
violate any laws or regulations.

         In addition, gifts should not be given to government officials,
regardless of monetary value. See "Dealings with Government Agencies" below.

         NOTE: The gift-giving and acceptance guidelines noted above are based
on United States business practices and customs. For those conducting
international business transactions, all decisions should be made based on what
is in the best interest of the Company. As a rule, however, if a team member
receives a gift while conducting international business, the team member should
turn the gift over as soon as possible to the Company. Team members with any
doubt or questions on the propriety of a gift or its acceptance should contact
the Code Administrator.

         Sales-related commissions, rebates, discounts, credits and allowances
are often customary business inducements. Both givers and receivers of these
inducements must exercise strict care and caution to avoid illegal or unethical
payments and to maintain compliance with tax and anti-kickback or foreign
corrupt practices laws (see below), if applicable. Any such commissions or
credits given or received by the Company must be reasonable in value,
competitively justified, properly documented and made to the business entity
with which the original sales agreement was made or to which the original
invoice was issued. Such inducements should not be made to or received by
individual officers, employees or agents of the business entity, to an official
of any governmental entity (whether federal, state, local or municipal, and
whether domestic or international), or to another related business entity.
Although discouraged, some payments may be permitted but only if they are legal
and necessary, and if they follow established, well-recognized practice in the
area. Payments must be made only for administrative actions to which the Company
is clearly entitled and they should be approved in advance and recorded.


         Strict and special care must be taken when dealing with government
customers. Activities that might otherwise be appropriate when working with
private sector customers may be grossly improper and even illegal when dealing
with government employees, or when providing goods and services to another
customer who, in turn, will deliver the Company's product to a government end

         Do not directly or indirectly give, promise, offer or make payment in
money or anything of value to anyone, including a government official, agent or
employee of a government, political party, labor organization or business entity
or a candidate of a

                                     - 23 -

political party, or their families, with the intent to induce favorable business
treatment or to improperly affect business or government decisions. This policy
prohibits actions intended either to influence a specific decision or merely to
enhance future relationships. It is also inappropriate in certain circumstances
to discuss employment possibilities with government employees while doing
business with the government.

         In short, special care must be taken when dealing with government
customers. Contact the Code Administrator if you have questions concerning
compliance with these obligations.


         The Company is committed to maintaining high standards of business
conduct at home and abroad. The Company and its team members must comply with
all local laws of the countries in which the Company conducts business,
applicable international and intergovernmental regulations and U.S. laws that
apply to international activities and other applicable laws.

         If you conduct business for the Company outside of the U.S., in
addition to being familiar with the local laws of the other countries involved,
be sure you are familiar with the following U.S. laws and regulations.
Violations of these laws can result in substantial fines, imprisonment and
severe restrictions on the Company's ability to do business.


The Foreign Corrupt Practices Act (the "FCPA") has a variety of provisions that
regulate business in other countries and with foreign citizens. In essence, the
FCPA makes it a crime-- with sanctions of fines (potentially against both the
corporation involved and individual members of the corporation, be they
officers, directors, employees or agents involved) and imprisonment--to promise
or give anything of value to a foreign official or political party in order to
obtain or keep business or obtain any improper advantage. It is also illegal to
make payments or "gifts" to agents, sales representatives or other third parties
if you have reason to believe your transaction may or will be used illegally.
Seek advice from the Code Administrator for interpretation of the FCPA if you
are involved in any business dealings that involve foreign countries.


         It is against the law to cooperate in any boycotts between foreign
countries not sanctioned by U.S. law. All requests for boycott support or
boycott-related information must be reported. Seek advice from the Code
Administrator for any questions concerning such boycotts and current countries

                                     - 24 -


         The U.S. Treasury Department's Office of Foreign Assets Control,
together with the U.S. State Department and the U.S. Commerce Department's
Bureau of Export Affairs, prohibits U.S. companies and their foreign
subsidiaries from doing business with certain countries and
organizations/agencies and certain individuals. The regulations vary depending
on the country and the type of transaction, and these rules often change as U.S.
foreign policy changes.

         If you are aware of any sensitive political issues with a country in
which the Company is doing or considering doing business, seek advice from the
Legal Department before engaging in a potential transaction. The potential civil
and criminal consequences range from fines and corporate debarment from federal
contracting to imprisonment.


         To prevent sensitive goods, technology and software from falling into
the wrong hands, exports of these products and technical information to certain
countries or individuals are restricted by the U.S State Department and the U.S.
Commerce Department's Bureau of Export Affairs. These restrictions may also
apply to transfers between the Company and its foreign subsidiaries.

         An "export" is broadly defined as any method of conveying data to
foreign individuals or companies, including sales, training and consulting,
product promotion and casual conversation, even if these activities occur in the
U.S. Because these control restrictions are designed to further U.S. foreign
policy and national security goals, they are subject to change. Obtain guidance
from the Code Administrator or the Legal Department to identify the applicable
rules before exporting such goods or technology. In addition to these specific
laws, be aware that U.S. antitrust laws and certain employment laws apply to our
international operations.

                               FINANCIAL OFFICERS

          The Board of Directors of the Company has established certain
supplemental ethical standards for the Company's principal executive officer,
principal financial officer, other Senior Leadership Team members, Controller,
and certain other senior officers with financial, policy-making and accounting
functions (the "Financial Officers"). The Financial Officers must comply with
these standards in addition to all of the other standards contained in this
Code. These standards are attached as Exhibit D to this Code.

                                     - 25 -


         Employees are encouraged to talk to supervisors, managers or other
appropriate personnel about observed illegal or unethical behavior and when in
doubt about the best course of action in a particular situation. It is the
policy of the Company not to allow retaliation for reports of misconduct by
others made in good faith by employees. Employees are expected to cooperate in
internal investigations of misconduct.

                              COMPLIANCE REMINDERS

         The provisions of this Code apply to all team members of the Company
and its affiliated companies regardless of whether the team member is classified
as a full-time, part-time, or temporary.

         Violation of the Code is extremely serious misconduct for which the
Company reserves the right to impose discipline, up to and including

         We must all work to ensure prompt and consistent action against
violations of this Code. However, in some situations it is difficult to know
right from wrong. Since we cannot anticipate every situation that will arise, it
is important that we have a way to approach a new question or problem. These are
the steps to keep in mind:

         -        Make sure you have all the facts. In order to reach the right
                  solutions, we must be as fully informed as practicable, and as
                  soon as reasonably possible.

         -        Ask yourself: What specifically am I being asked to do? Does
                  it seem unethical or improper? This will enable you to focus
                  on the specific question you are faced with, and the
                  alternatives you have. Use your judgment and common sense; if
                  something seems unethical or improper, it probably is.

         -        Clarify your responsibility and role. In most situations,
                  there is shared responsibility. Are your colleagues informed?
                  It may help to get others involved and discuss the problem.

         -        Discuss the problem with your supervisor. This is the basic
                  guidance for all situations. In many cases, your supervisor
                  will be more knowledgeable

                                     - 26 -

                  about the question and will appreciate being brought into the
                  decision-making process. Remember that it is your supervisor's
                  responsibility to help solve problems.

         -        Seek help from Company resources. In the rare case where it
                  may not be appropriate to discuss an issue with your
                  supervisor or where you do not feel comfortable approaching
                  your supervisor with your question, discuss it with a Human
                  Resources representative or the Code Administrator. If that
                  also is not appropriate, call (800) ____-______, the Company's
                  toll-free Ethics Hotline. If you prefer to write, address your
                  concerns to the Code Administrator.

         -        You may report ethical violations in confidence and without
                  fear of retaliation. If your situation requires that your
                  identity be kept secret, your anonymity will be protected. The
                  Company does not permit retaliation of any kind against
                  employees for good faith reports of ethical violations.

         -        Always "ask first, act later": If you are unsure of what to do
                  in any situation, seek guidance first, before you act.


         This Code of Business Conduct and Ethics was duly APPROVED AND ADOPTED
by the Board of Directors of the Company on the 9th day of December, 2003.

                                                      /s/ Jack H. McCall
                                                     Jack H. McCall, Jr.

                                     - 27 -

                                    EXHIBIT A
                              ACKNOWLEDGEMENT FORM

         I acknowledge receipt of a copy of the Company's Code of Business
Conduct and Ethics (the "Code"). I understand that this Code is not a contract,
is not intended to create, nor does it create, any contractual rights related to
employment on the Company. I further acknowledge that I have read the Code and
understand my responsibilities as a team member of the Company related to the
Code, and agree to abide by to the Code.

         I acknowledge and understand, as a team member of the Company, failure
to comply with the Code could result in disciplinary action up to and including
termination. In addition, I agree to report any misconduct/violations of the
Code to the Code Administrator.

         I understand and agree that if I have any future questions regarding
the Code, I should contact my manager or a Human Resources Representative. If
further clarification is needed, I understand and agree that I should contact
the Code Administrator.

Date:                                   Signed:
     ___________________                       _________________________________
                                                Team Member's Signature

                                                Print Name

                                                Company Representative Signature

                                     - 28 -

                                    EXHIBIT B

         I, __________________________, disclose to the Board of Directors of
the Company that I serve either as an officer or as a member of the board of
trustees/board of directors of the following entities and receive as
remuneration for my services the amounts set forth below:

  Entity                             Title                          Compensation

____________________________            __________________________________
Date of Disclosure Statement            Print Name


         I further disclose that I, or a member of my family, holds a direct or
indirect ownership interest in assets or stock of the following entities that
sell products or services or have contracts with the Company:

                                                            Contact or Nature of
                                                           Relationship With the
Family Member        Entity     Nature and % Ownership            Company

___________________________             ____________________________________
Date of Disclosure Statement            Print Name



                                    EXHIBIT C
                           CONTACTS AND PHONE NUMBERS

Code Administrator (General Counsel's Office)...........         (865) 218-3830

Compliance Line.........................................         1-800-___-____

HR Director.............................................         (865) 218-2211

    This Code is not intended to create, nor does it create, any contractual
                          rights related to employment.


                                    EXHIBIT D

     The Board of Directors of (the "Company') has established the following
supplemental ethical standards for the Company's Chief Executive Officer,
THE CONTROLLER OF CPS], all of whom have significant financial, policy-making or
accounting functions (the "Financial Officers"). The Financial Officers must
comply with these standards in addition to all of the other standards contained
in the Company's Code of Business Conduct and Ethics.


     The Financial Officers shall take all reasonable steps to provide full,
fair, accurate, timely and understandable disclosures in the reports and
documents that the Company files with or submits to the Securities and Exchange
Commission and in other public communications made by the Company. In the event
that a Financial Officer learns that any such report, document or communication
does not meet this standard and the deviation is material, then such officer
shall review and investigate such deviation, advise the Board of Directors or
the appropriate committee of the Board of Directors regarding the deviation and,
where necessary, revise the relevant report, document or communication.


     Although a particular accounting treatment for one or more of the Company's
operations may be permitted under applicable accounting standards, the Financial
Officers shall not authorize or permit the use of such an accounting treatment
if the effect is to distort or conceal the Company's true financial condition.
The accounting standards and treatments utilized by the Company shall, in all
instances, be determined on an objective and uniform basis and without reference
to a single transaction or series of transactions and their impact on the
Company's financial results for a particular time period. Any new or novel
accounting treatment or standard that is to be utilized in the preparation of
the Company's financial statements shall be first discussed with the Audit
Committee of the Board of Directors, and the Company's independent auditors.

    This Code is not intended to create, nor does it create, any contractual
                          rights related to employment