UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): August 20, 2004 Friedman's Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 0-22356 58-20583 (State or Other Jurisdiction (Commission File (IRS Employer of Incorporation) Number) Identification No.) 171 Crossroads Parkway Savannah, Georgia 31422 (Address of Principal Executive Offices) (912) 233-9333 (Registrant's telephone number, including area code) Item 5. Other Events and Required FD Disclosure. On August 20, 2004, Friedman's Inc. (the "Company") issued a press release updating certain matters relating to the restructuring of its existing secured credit facility contemplated by a commitment letter entered into with Farallon Capital Management, L.L.C. The Company also commented on its investment in Crescent Jewelers in light of Crescent's announcement last week that Crescent has filed a Chapter 11 bankruptcy reorganization case. The Company also announced that Thaddeus S. Jaroszewicz has resigned as a member of the Board of Directors of the Company. The text of the press release, which is attached as Exhibit 99.1, is incorporated by reference into this Item. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. The following exhibits are filed as part of this report: Exhibit Number Description ------- ----------- 99.1 Press release dated August 20, 2004 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Friedman's Inc. (Registrant) Date: August 20, 2004 By: /s/ C. Steven Moore ---------------------------- C. Steven Moore Chief Administrative Officer and General Counsel EXHIBIT INDEX Exhibit Number Description -------- ----------- 99.1 Press release dated August 20, 2004