March 8, 2006

Dear Susan,

Congratulations on your William Ravies 2005 sales performance and achieving the Chairman’s Club status in our company.

The Chairman’s Club designation represents the top 10% of agents in the company and the top 1% in the United States.  It is quite an honor and we are proud of your accomplishment.

Again, congratulations on your 2005 performance and your inclusion in the 2006 Chairman’s Club.  This designation may be added to your business cards, your William Ravies credit card, your website, and will be included in your press release.

Sincerely, William M. Raveis, Jr. Chairman and CEO

Sincerely, Carolyn Deal         President