Change of Auditors

HERCULES RETAINS E&Y

Houston-based shallow-water drilling contractor and liftboat services provider Hercules Offshore has engaged Big Four firm Ernst & Young as its new independent accountant, succeeding Grant Thornton, which was dismissed.

A filing did not provide a reason for the change in auditors.

During the company's two most recent fiscal years and through Aug. 3, 2007, there were no disagreements between Hercules and Grant Thornton on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

ROCKY BRANDS DISMISSES DELOITTE

Rocky Brands Inc., an Ohio-based footwear and apparel concern, dismissed Big Four firm Deloitte as its auditor and hired Schneider Downs & Co. as its successor.

A filing with the Securities and Exchange Commission didn't state a reason for the dismissal. Rocky Brands said that it had no disagreements with its former independent accountant on any matter of accounting principles or practices, financial statements or disclosures, or auditing scope or procedures over its past two fiscal years and up to the audit firm's dismissal.

FIRST INDIANA CORP. REHIRES KPMG

Just two months after dismissing its auditor, KPMG, First Indiana Corp. has rehired the Big Four firm as its independent accountant.

In June, the Indianapolis-based holding company for First Indiana Bank dismissed KPMG and announced plans to hire the firm of BKD as its new auditor.

However, after the company revealed that it would be acquired by diversified financial services concern Marshall & Ilsley Corp., BKD declined the engagement.

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