Message from Commissioner Kreidler:

TO: All Bidders

FROM: James T. Odiorne, CPA, JD
Deputy Insurance Commissioner
Company Supervision Division

DATE: September 19, 2002

SUBJECT: CONSULTANT SERVICES REQUEST FOR PROPOSAL

All responses to the referenced request for proposal which was issued on August 2, 2002, were scored according to the criteria in the request for proposal. Based on that scoring, the following are the Apparent Successful Bidders in each of the areas identified in the Scope of Work section of the request for proposal:

• 3.2 Investment Banking
       The Blackstone Group
• 3.3 Actuarial Services
       PriceWaterhouseCoopers
• 3.4 Accounting and Tax Services
       PriceWaterhouseCoopers
• 3.5 Legal Services
       Cantilo & Bennett
• 3.6 Legal Services To Be Provided on Behalf of the Alaska Division of Insurance
       LeBoeuf, Lamb, Greene & MacRae
• 3.7 Actuarial Services To Be Provided on Behalf of the Alaska Division of Insurance
       PriceWaterhouseCoopers
• 3.8 Economic Consulting Services To Be Provided to the Alaska Division of Insurance
       Peterson Consulting

I will contact each Apparent Successful Bidder for negotiation of final contract language.

We appreciate the interest and effort of each bidder in this request for proposal process.