UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------------------------------------- SCHEDULE 13D (Amendment No.27) Under the Securities Exchange Act of 1934 WMS INDUSTRIES INC. (Name of Issuer) Common Stock (Title of Class of Securities) 969-901-107 (CUSIP Number) Sumner M. Redstone 200 Elm Street Dedham, Massachusetts 02026 Telephone: (781) 461-1600 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 6, 2002 (Date of Event which Requires Filing of this Statement) ---------------------------------------------------- If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box / /. Check the following box if a fee is being paid with this statement / /. CUSIP No. 969-901-107 Page 1 of 14 Pages Schedule 13D/A ------------------------------------------------------------ (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person SUMNER M. REDSTONE ------------------------------------------------------------ S.S. No. 026-24-2929 ------------------------------------------------------------ (2) Check the Appropriate Box if a Member of Group (See Instructions) / / (a) ------------------------------------------------------------ / / (b) ------------------------------------------------------------ (3) SEC Use Only ------------------------------------------------------------ (4) Sources of Funds (See Instructions) ------------------------------------------------------------ (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). ------------------------------------------------------------ (6) Citizenship or Place of Organization United States ------------------------------------------------------------ Number of (7) Sole Voting Power 0* Shares ------------------------------------ Beneficially (8) Shared Voting Power 0* Owned by ------------------------------------ Each (9) Sole Dispositive Power 3,422,900 Reporting ------------------------------------ Person With (10) Shared Dispositive Power 3,483,900** ------------------------------------------------------------ (11) Aggregate Amount Beneficially Owned by Each Reporting Person 6,906,800** ------------------------------------------------------------ (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ------------------------------------------------------------ (13) Percent of Class Represented by Amount in Row (11) 21.5% ------------------------------------------------------------ (14) Type of Reporting Person (See Instructions) IN ------------------------------------------------------------ *Voting power subject to Voting Proxy Agreement described in Item 6 of Amendment No. 19 to this Statement. **Includes shares owned by National Amusements, Inc. CUSIP No. 969-901-107 Page 2 of 14 Pages Schedule 13D/A ------------------------------------------------------------ (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person NATIONAL AMUSEMENTS, INC. ------------------------------------------------------------ I.R.S No. 04-2261332 ------------------------------------------------------------ (2) Check the Appropriate Box if a Member of Group (See Instructions) / / (a) ------------------------------------------------------------ / / (b) ------------------------------------------------------------ (3) SEC Use Only ------------------------------------------------------------ (4) Sources of Funds (See Instructions) N/A ------------------------------------------------------------ (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). ------------------------------------------------------------ (6) Citizenship or Place of Organization Maryland ------------------------------------------------------------ Number of (7) Sole Voting Power 0* Shares ------------------------------------ Beneficially (8) Shared Voting Power 0* Owned by ------------------------------------ Each (9) Sole Dispositive Power 0 Reporting ------------------------------------ Person With (10) Shared Dispositive Power 3,483,900 ------------------------------------------------------------ (11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,483,900 ------------------------------------------------------------ (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ------------------------------------------------------------ (13) Percent of Class Represented by Amount in Row (11) 10.9% ------------------------------------------------------------ (14) Type of Reporting Person (See Instructions) CO ------------------------------------------------------------ *Voting power subject to Voting Proxy Agreement described in Item 6 of Amendment No. 19 to this Statement. Page 3 of 14 Pages Item 1. Security and Issuer. --------------------- This Amendment No. 27 amends the Statement on Schedule 13D previously filed with the SEC by Mr. Sumner M. Redstone and National Amusements, Inc. ("NAI") with respect to the voting common stock, $.50 par value per share (the "Common Shares"), of WMS Industries Inc. (the "Issuer") as follows: Item 5. Interest in Securities of the Issuer. ------------------------------------- Item 5 is hereby amended as follows: (a) NAI is currently the beneficial owner, with shared dispositive and no voting power, of 3,483,900 Common Shares, or approximately 10.9%, of the issued and outstanding Common Shares of the Issuer (based on the number of Common Shares that were reported to be issued and outstanding as of May 09, 2002). (b) Mr. Sumner M. Redstone is currently the beneficial owner, with sole dispositive and no voting power, of 3,422,900 Common Shares, or approximately 10.6%, of the issued and outstanding Common Shares of the Issuer (based on the number of Common Shares that were reported by the Issuer to be issued and outstanding as of May 10, 2002). As a result of his stock ownership in NAI, Mr. Sumner M. Redstone is deemed the beneficial owner of an additional 3,483,900 Common Shares of the issued and outstanding Common Shares of the Issuer, for a total of 6,906,800 Common Shares, or approximately 21.5% of the issued and outstanding Common Shares of the Issuer (based on the number of Common Shares that were reported by the Issuer to be issued and outstanding as of May 10, 2002). The lack of voting power described in paragraphs (a) and (b) of this Item 5 is pursuant to the Voting Proxy Agreement described in Item 6 of the Amendment No. 19 of this Statement. (c) Transactions effected since the filing of the Statement on Schedule 13 D Amendment Number 26 filed with the SEC on July 31, 2002: All transactions were executed by Bear Stearns, New York, N.Y. DATE NO. OF SHARES PRICE -------- ------------- ------ 8/8/2002 600 11.80 8/8/2002 400 11.81 8/8/2002 200 11.81 8/8/2002 1,500 11.89 8/8/2002 1,200 12.00 8/8/2002 1,000 12.20 8/8/2002 100 12.34 8/8/2002 400 12.34 8/8/2002 100 12.34 8/8/2002 1,200 12.60 8/8/2002 2,000 13.00 8/8/2002 300 13.00 8/8/2002 1,500 13.10 8/8/2002 100 13.00 8/8/2002 600 13.00 8/8/2002 500 13.24 8/8/2002 200 13.24 8/8/2002 1,600 13.25 8/8/2002 2,000 13.43 8/8/2002 2,000 13.50 8/8/2002 900 13.20 8/8/2002 2,100 13.25 Page 4 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 8/8/2002 700 13.26 8/8/2002 800 13.32 8/8/2002 1,200 13.84 8/8/2002 300 13.84 8/8/2002 1,200 13.84 8/8/2002 100 13.69 8/8/2002 100 13.69 8/8/2002 400 13.69 8/8/2002 1,100 13.88 8/8/2002 300 13.87 8/8/2002 100 13.87 8/8/2002 100 13.87 8/8/2002 100 13.87 8/8/2002 800 13.92 8/8/2002 600 14.04 8/8/2002 800 13.97 8/8/2002 500 13.84 8/8/2002 200 13.84 8/8/2002 100 13.76 8/8/2002 900 13.79 8/8/2002 600 13.68 8/8/2002 100 13.70 8/8/2002 1,800 13.73 8/8/2002 3,100 13.70 8/9/2002 5,000 13.72 8/9/2002 1,000 13.72 8/9/2002 1,200 13.73 8/9/2002 300 13.67 8/9/2002 600 13.67 8/9/2002 600 13.67 8/9/2002 700 13.70 8/9/2002 500 13.63 8/9/2002 700 13.63 8/9/2002 1,000 13.73 8/9/2002 200 13.72 8/9/2002 600 13.74 8/9/2002 1,200 13.87 8/9/2002 200 13.85 8/9/2002 900 13.87 8/9/2002 1,500 13.91 8/9/2002 1,000 13.95 8/9/2002 500 13.94 8/9/2002 100 13.95 8/9/2002 300 13.95 8/9/2002 800 13.96 8/9/2002 1,700 13.98 8/9/2002 300 14.00 8/9/2002 3,900 14.04 8/9/2002 1,000 13.90 8/9/2002 1,500 13.99 8/9/2002 1,500 13.99 8/9/2002 1,500 14.00 8/9/2002 1,000 14.05 8/9/2002 4,800 13.95 8/9/2002 900 13.95 8/9/2002 1,100 13.99 8/9/2002 300 14.00 8/9/2002 600 14.00 8/9/2002 1,400 14.00 8/12/2002 700 14.00 Page 5 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 8/12/2002 1,000 14.25 8/12/2002 300 14.29 8/12/2002 700 14.35 8/12/2002 700 14.41 8/12/2002 1,800 14.40 8/12/2002 700 14.40 8/12/2002 1,000 14.23 8/12/2002 1,500 14.23 8/12/2002 500 14.30 8/12/2002 1,100 14.30 8/13/2002 800 14.25 8/13/2002 4,200 14.25 8/13/2002 200 14.27 8/13/2002 1,000 14.30 8/13/2002 100 14.30 8/13/2002 600 14.32 8/13/2002 800 14.03 8/13/2002 100 14.02 8/14/2002 500 13.98 8/14/2002 600 13.76 8/14/2002 1,500 13.85 8/15/2002 700 14.60 8/15/2002 700 14.61 8/15/2002 700 14.90 8/15/2002 1,100 14.92 8/15/2002 500 14.99 8/15/2002 200 14.99 8/15/2002 400 15.07 8/15/2002 200 15.07 8/15/2002 200 14.81 8/15/2002 200 14.85 8/15/2002 100 14.85 8/15/2002 100 14.90 8/15/2002 700 15.08 8/15/2002 200 15.07 8/15/2002 400 14.90 8/15/2002 300 14.89 8/15/2002 100 14.90 8/16/2002 700 14.79 8/16/2002 1,000 14.92 8/16/2002 500 14.85 8/16/2002 900 14.71 8/16/2002 300 14.73 8/16/2002 3,000 15.20 8/16/2002 200 15.14 8/16/2002 800 15.00 8/16/2002 200 15.07 8/16/2002 200 15.07 8/16/2002 100 15.11 8/16/2002 100 15.11 8/16/2002 700 14.99 8/16/2002 1,100 14.85 8/16/2002 400 14.85 8/16/2002 600 14.84 8/16/2002 2,000 14.82 8/19/2002 500 15.10 8/19/2002 400 15.70 8/19/2002 500 15.70 Page 6 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 8/19/2002 100 15.70 8/19/2002 1,500 15.71 8/19/2002 400 15.35 8/19/2002 600 15.61 8/19/2002 700 15.62 8/19/2002 400 15.70 8/19/2002 900 15.78 8/19/2002 200 15.87 8/19/2002 200 15.96 8/19/2002 200 15.96 8/19/2002 100 15.96 8/19/2002 100 15.96 8/19/2002 800 15.97 8/19/2002 200 15.80 8/19/2002 400 15.85 8/20/2002 1,000 16.02 8/20/2002 500 16.19 8/20/2002 200 15.66 8/20/2002 900 15.64 8/20/2002 700 15.64 8/20/2002 1,000 15.56 8/20/2002 800 15.63 8/20/2002 200 15.58 8/20/2002 400 15.59 8/20/2002 200 15.64 8/20/2002 1,300 15.64 8/20/2002 400 15.65 8/20/2002 200 15.64 8/20/2002 200 15.64 8/20/2002 200 15.68 8/20/2002 100 15.69 8/20/2002 500 15.70 8/20/2002 400 15.70 8/20/2002 700 15.78 8/20/2002 100 15.77 8/20/2002 100 15.63 8/20/2002 100 15.68 8/20/2002 1,800 15.70 8/20/2002 500 15.70 8/20/2002 100 15.26 8/20/2002 200 15.32 8/20/2002 400 15.40 8/20/2002 700 15.40 8/20/2002 500 15.40 8/20/2002 200 15.38 8/20/2002 400 15.38 8/21/2001 100 15.49 8/21/2001 1,900 15.50 8/21/2001 1,000 15.60 8/21/2001 500 15.10 8/21/2001 200 15.13 8/21/2001 500 15.24 8/21/2001 500 15.24 8/21/2001 1,000 15.30 Page 7 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 8/21/2001 100 15.22 8/21/2001 900 15.24 8/21/2001 1,000 15.20 8/21/2001 300 15.14 8/21/2001 500 15.15 8/21/2001 3,000 15.08 8/21/2001 1,500 15.18 8/21/2001 400 15.04 8/21/2001 1,000 15.06 8/21/2001 200 15.06 8/21/2001 300 15.06 8/21/2001 600 15.17 8/21/2001 800 15.12 8/21/2001 700 15.07 8/21/2001 100 15.14 8/21/2001 900 15.14 8/21/2001 1,000 15.15 8/21/2001 700 15.10 8/21/2001 100 15.09 8/21/2001 300 15.09 8/21/2001 100 15.10 8/21/2001 1,000 15.09 8/22/2002 800 15.20 8/22/2002 100 15.20 8/22/2002 100 15.20 8/22/2002 200 15.23 8/22/2002 700 15.30 8/22/2002 600 15.35 8/22/2002 500 15.40 8/22/2002 300 15.43 8/22/2002 1,100 15.44 8/22/2002 200 15.48 8/22/2002 600 15.48 8/22/2002 200 15.49 8/22/2002 400 15.59 8/22/2002 300 15.59 8/22/2002 500 15.60 8/22/2002 400 15.60 8/22/2002 200 15.73 8/22/2002 200 15.73 8/22/2002 700 15.89 8/22/2002 500 15.97 8/22/2002 400 15.95 8/22/2002 400 15.95 8/22/2002 500 15.78 8/22/2002 300 15.79 8/22/2002 200 15.74 8/22/2002 100 15.74 8/22/2002 1,000 15.79 8/22/2002 1,000 15.80 8/22/2002 200 15.79 8/22/2002 600 15.79 8/22/2002 500 15.75 8/22/2002 1,000 15.79 Page 8 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 8/22/2002 500 15.80 8/22/2002 800 15.87 8/22/2002 500 15.89 8/22/2002 500 15.81 8/22/2002 1,000 15.90 8/22/2002 1,000 15.91 8/22/2002 500 15.80 8/22/2002 300 15.78 8/22/2002 600 15.87 8/23/2002 300 15.75 8/23/2002 1,000 15.93 8/23/2002 500 15.91 8/23/2002 500 15.90 8/23/2002 700 15.93 8/23/2002 800 15.84 8/23/2002 100 15.83 8/23/2002 100 15.83 8/23/2002 200 15.74 8/23/2002 500 15.75 8/23/2002 400 15.88 8/23/2002 100 15.89 8/23/2002 2,500 15.90 8/23/2002 1,100 15.90 8/23/2002 200 15.90 8/23/2002 300 15.89 8/23/2002 500 15.88 8/23/2002 600 15.92 8/23/2002 400 15.92 8/26/2002 300 15.99 8/26/2002 200 15.99 8/26/2002 100 16.00 8/26/2002 300 16.00 8/27/2002 500 16.10 8/27/2002 100 16.05 8/27/2002 100 16.05 8/27/2002 200 16.00 8/27/2002 200 16.00 8/27/2002 400 16.08 8/27/2002 400 16.15 8/27/2002 300 15.66 8/27/2002 500 15.76 8/28/2002 400 15.68 8/28/2002 700 15.77 8/28/2002 100 15.77 8/28/2002 600 15.78 8/28/2002 100 15.84 8/28/2002 600 15.89 8/28/2002 400 15.94 8/28/2002 400 15.80 8/28/2002 400 15.84 8/28/2002 600 15.92 8/28/2002 500 16.08 Page 9 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 8/28/2002 400 16.15 8/28/2002 100 15.69 8/28/2002 400 15.11 8/28/2002 400 15.29 8/28/2002 200 15.29 8/28/2002 200 15.10 8/28/2002 200 15.15 8/28/2002 200 15.20 8/28/2002 200 15.25 8/28/2002 100 15.23 8/28/2002 100 15.24 8/28/2002 400 15.24 8/28/2002 300 15.25 8/28/2002 400 15.30 8/28/2002 200 15.30 8/28/2002 200 15.35 8/28/2002 200 15.35 8/28/2002 200 15.40 8/28/2002 200 15.40 8/28/2002 100 15.21 8/28/2002 200 15.19 8/28/2002 200 15.19 8/28/2002 5,000 15.19 8/28/2002 100 15.20 8/28/2002 200 15.20 8/28/2002 400 15.19 8/28/2002 200 15.19 8/28/2002 200 15.19 8/28/2002 200 15.21 8/29/2002 700 15.25 8/29/2002 200 15.25 8/29/2002 200 15.25 8/29/2002 400 15.24 8/29/2002 100 15.23 8/29/2002 400 15.03 8/29/2002 200 15.14 8/29/2002 100 15.01 8/29/2002 800 15.03 8/29/2002 300 15.03 8/29/2002 400 15.09 8/29/2002 200 15.00 8/29/2002 200 14.96 8/29/2002 200 14.96 8/29/2002 400 14.94 8/29/2002 400 15.25 8/29/2002 200 15.25 8/29/2002 100 15.25 8/29/2002 100 15.29 8/29/2002 300 15.30 8/29/2002 200 15.26 8/29/2002 100 15.26 Page 10 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 8/29/2002 200 15.18 8/29/2002 200 15.15 8/29/2002 200 15.25 8/29/2002 200 15.26 8/29/2002 300 15.26 8/29/2002 200 14.98 8/29/2002 200 15.30 8/29/2002 200 15.25 8/29/2002 200 15.30 8/29/2002 200 15.30 8/29/2002 100 15.24 8/29/2002 200 15.24 8/29/2002 500 15.17 8/29/2002 500 15.04 8/30/2002 200 15.28 8/30/2002 1,000 15.29 8/30/2002 200 15.19 8/30/2002 100 15.57 8/30/2002 100 15.57 8/30/2002 200 15.57 8/30/2002 200 15.58 8/30/2002 400 15.60 8/30/2002 400 15.60 8/30/2002 200 15.60 8/30/2002 200 15.60 8/30/2002 300 15.60 8/30/2002 100 15.65 8/30/2002 200 15.65 8/30/2002 2,100 15.70 8/30/2002 1,000 15.70 8/30/2002 300 15.75 8/30/2002 200 14.75 8/30/2002 300 14.79 9/3/2002 200 14.45 9/3/2002 100 14.37 9/3/2002 100 14.78 9/3/2002 100 14.76 9/3/2002 300 14.87 9/3/2002 100 14.90 9/3/2002 400 14.97 9/3/2002 200 14.83 9/3/2002 100 14.69 9/3/2002 100 14.69 9/3/2002 200 14.64 9/3/2002 100 14.75 9/3/2002 100 14.74 9/3/2002 200 14.75 9/3/2002 100 14.58 9/3/2002 200 14.59 9/3/2002 200 14.65 9/3/2002 200 14.79 Page 11 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 9/3/2002 200 14.60 9/4/2002 200 14.80 9/4/2002 200 14.89 9/4/2002 600 15.09 9/4/2002 300 15.09 9/4/2002 400 15.05 9/4/2002 300 14.97 9/4/2002 200 14.92 9/4/2002 100 14.78 9/4/2002 100 14.78 9/4/2002 100 14.78 9/4/2002 400 14.79 9/4/2002 1,000 14.98 9/4/2002 700 14.99 9/4/2002 1,800 14.99 9/4/2002 200 14.90 9/4/2002 600 14.90 9/4/2002 100 14.89 9/4/2002 2,000 14.90 9/4/2002 200 14.90 9/4/2002 300 14.89 9/4/2002 300 14.89 9/4/2002 800 15.00 9/4/2002 2,000 15.10 9/4/2002 700 15.10 9/4/2002 100 14.92 9/4/2002 700 15.05 9/4/2002 700 15.05 9/4/2002 500 15.05 9/4/2002 200 15.21 9/4/2002 300 15.26 9/4/2002 300 15.26 9/4/2002 700 15.35 9/4/2002 500 15.47 9/4/2002 500 15.47 9/4/2002 500 15.44 9/4/2002 200 15.46 9/4/2002 700 15.47 9/4/2002 600 15.45 9/4/2002 2,000 15.47 9/4/2002 2,000 15.48 9/4/2002 1,100 15.45 9/4/2002 8,000 15.43 9/4/2002 1,000 15.43 9/4/2002 8,200 15.36 9/4/2002 500 15.37 9/4/2002 600 15.37 9/4/2002 4,300 15.43 9/4/2002 800 15.43 9/5/2002 300 15.18 9/5/2002 500 15.35 Page 12 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 9/5/2002 500 15.32 9/5/2002 100 15.32 9/5/2002 300 15.35 9/5/2002 100 15.35 9/5/2002 100 15.09 9/5/2002 200 15.08 9/5/2002 100 15.12 9/5/2002 500 15.21 9/5/2002 300 15.19 9/5/2002 200 15.29 9/5/2002 100 15.22 9/5/2002 200 15.24 9/5/2002 2,100 15.23 9/5/2002 500 15.47 9/5/2002 100 15.08 9/5/2002 700 14.85 9/5/2002 700 14.81 9/5/2002 500 14.93 9/5/2002 400 14.93 9/5/2002 200 14.94 9/5/2002 700 14.86 9/5/2002 500 14.95 9/6/2002 700 15.31 9/6/2002 400 15.35 9/6/2002 1,000 15.36 9/6/2002 100 15.36 9/6/2002 1,000 15.46 9/6/2002 100 15.46 9/6/2002 1,000 15.40 9/6/2002 500 15.46 9/6/2002 1,000 15.47 9/6/2002 500 15.50 9/6/2002 200 15.49 9/6/2002 500 15.50 9/6/2002 500 15.51 9/6/2002 200 15.50 9/6/2002 200 15.44 9/6/2002 500 15.15 9/6/2002 100 15.09 9/6/2002 500 15.18 9/6/2002 500 15.18 9/6/2002 300 15.17 9/6/2002 200 15.23 9/6/2002 200 15.03 9/6/2002 200 15.03 9/6/2002 100 15.04 9/6/2002 100 15.07 9/6/2002 3,700 15.11 9/6/2002 500 15.11 9/6/2002 1,000 15.12 9/6/2002 500 15.12 Page 13 of 14 Pages DATE NO. OF SHARES PRICE -------- ------------- ------ 9/6/2002 400 15.20 9/6/2002 500 15.24 9/6/2002 1,000 15.24 9/6/2002 1,000 15.24 9/6/2002 600 15.25 9/6/2002 500 15.31 9/6/2002 500 15.31 9/6/2002 1,000 15.32 9/6/2002 500 15.39 9/6/2002 1,000 15.50 9/6/2002 500 15.60 9/6/2002 200 15.38 9/6/2002 500 15.41 9/6/2002 400 15.42 9/6/2002 300 15.43 9/6/2002 1,000 15.60 9/6/2002 1,000 15.62 9/6/2002 400 15.62 9/6/2002 600 15.65 9/6/2002 1,000 15.67 9/6/2002 1,000 15.77 9/6/2002 1,000 15.77 9/6/2002 1,000 15.77 9/6/2002 200 15.68 9/6/2002 1,000 15.67 9/6/2002 1,000 15.61 9/6/2002 1,100 15.68 9/6/2002 1,100 15.68 9/6/2002 100 15.68 9/6/2002 400 15.70 9/6/2002 900 15.71 9/6/2002 900 15.73 9/6/2002 400 15.74 9/6/2002 600 15.71 9/6/2002 200 15.70 9/6/2002 1,500 15.70 9/6/2002 1,700 15.70 9/6/2002 2,400 15.71 9/6/2002 100 15.42 Item 7. Material to Be Filed as Exhibits -------------------------------- A joint filing agreement between Mr. Sumner M. Redstone and National Amusements, Inc. is attached hereto as Exhibit 1. Page 14 of 14 Pages Signatures ---------- After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Pursuant to Rule 13d-1(k)(1), each of the undersigned agrees that this statement is filed on behalf of each of us. September 10, 2002 /s/ Sumner M. Redstone ---------------------- Sumner M. Redstone, Individually National Amusements, Inc. By: /s/ Sumner M. Redstone ---------------------- Name: Sumner M. Redstone, Title: Chairman and Chief Executive Officer Exhibit 1 JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on Schedule 13D, dated November 21, 1985 (the "Schedule 13D"), with respect to the common stock, $.50 par value per share (the "Common Shares"), of WMS Industries Inc. (the "Issuer") is, and any amendments executed by us shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and that this Agreement shall be included as an exhibit to the Schedule 13D and each such amendment. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning itself contained therein. This agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 30th day of July, 2002. NATIONAL AMUSEMENTS, INC. By: /s/ Sumner M. Redstone ------------------------------ Sumner M. Redstone Chairman and Chief Executive Officer By: /s/ Sumner M. Redstone ------------------------------- Sumner M. Redstone Individually