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UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
APRIL 28, 2004
Date of Report
(Date of earliest event reported)
THE GLATFELTER 401(k) SAVINGS PLAN AND THE
GLATFELTER 401(k) SAVINGS PLAN FOR
HOURLY EMPLOYEES
(Exact name of registrant as specified in its charter)
PENNSYLVANIA
(State or other jurisdiction of incorporation or organization)
1-3560 23-0628360
(Commission file number) (IRS Employer Identification No.)
96 SOUTH GEORGE STREET, SUITE 500
YORK, PENNSYLVANIA 17401 (717) 225-4711
(Address of principal executive offices) (Registrant's telephone number,
including area code)
N/A
(Former name or former address, if changed since last report)
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ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT
On April 28, 2004, the Plan Administrator for the Glatfelter 401(k) Savings Plan
and the Glatfelter 401(k) Savings Plan for Hourly Employees (the "Benefit
Plans") dismissed Deloitte & Touche LLP ("Deloitte & Touche") as the independent
accountant for the Benefit Plans' financial statements. In addition, the Plan
Administrator appointed Beard Miller Company LLP ("Beard Miller") to audit the
financial statements of the Benefit Plans for the year ended December 31, 2003.
Deloitte audited the financial statements of the Benefit Plans as of and for the
years ended December 31, 2002 and 2001. The reports of independent auditors
issued by Deloitte & Touche on the financial statements of the Benefit Plans for
the plan years ended December 31, 2002 and 2001 did not contain any adverse
opinion or disclaimer of opinion, and were not qualified or modified as to
uncertainty, audit scope or accounting principles. Further, during the Benefit
Plans' two most recent plan years ended December 31, 2002, and during the
subsequent interim period through April 28, 2004, there were no disagreements
with Deloitte & Touche on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure in respect of the
Benefit Plans, which, if not resolved to Deloitte & Touche's satisfaction, would
have caused Deloitte & Touche to make reference to the subject matter of
disagreement in connection with its reports on the Benefit Plans' financial
statements.
In addition, none of the reportable events described in Item 304(a)(1)(v) of
Regulation S-K occurred with respect to the Benefit Plans during the two most
recent plan years ended December 31, 2002, or during the subsequent interim
period through April 28, 2004.
The Benefit Plans provided Deloitte & Touche with a copy of the foregoing
disclosures. Attached as Exhibit 16.1 is a copy of Deloitte & Touche's letter,
dated May 14, 2004, stating its agreement with such statements.
During the Benefit Plans' two most recent plan years ended December 31, 2003 and
during the interim period through April 28, 2004, neither the Plan
Administrator, who administers the Benefit Plans, nor anyone else on the Benefit
Plans' behalf, consulted with Beard Miller with respect to the application of
accounting principles to a specified transaction, either completed or proposed,
in respect of the Benefit Plans or regarding any of the other matters or events
set forth in Item 304(a)(2)(i) and (ii) of Regulation S-K as the may relate to
the Benefit Plans.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
The following exhibit is filed herewith.
Exhibit
Number Description
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16.1 Letter from Deloitte & Touche LLP regarding change in Benefit
Plans' independent auditor.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Benefit
Plans have duly caused this report to be signed on their behalf by the
undersigned thereunto duly authorized.
The Glatfelter 401(k) Savings
Plan and th Glatfelter 401(k)
Savings Plan for Hourly
Employees
Date: May 14, 2004 By: /s/ C. Matthew Smith
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C. Matthew Smith
Plan Administrator
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