Item 2.01 Completion of Acquisition or Disposition of Assets.

As disclosed on July 24, 2012, Material Sciences Corporation ("MSC") began leasing a portion of its facility located at 2200 East Pratt Boulevard, Elk Grove Village, Illinois (the "Facility") to Main Steel Polishing Company, Inc. The lease includes approximately 240,000 square feet of the 280,000 square foot Facility. MSC entered into this lease to enhance the attractiveness of the Facility to potential buyers.

On August 31, 2012, MSC sold the Facility to Torburn Partners, Inc. ("Torburn") for cash. The net proceeds from the sale were approximately $9.0 million, which amount reflects certain selling costs and the executory costs related to the lease discussed above.

MSC entered into a lease with Torburn under which MSC continues to occupy approximately 35,000 square feet of office space in the Facility to house its corporate and domestic operations.

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