Sent: Sunday, September 15, 2002 1:15 PM Subject: Petition for Rulemaking (SEC File No. 4-461) I am submitting this email to express my support for support the Petition for Rulemaking (SEC File No. 4-461) submitted by the Committee and James McRitchie. I hold small numbers of shares in several companies and have held a large stake in Nortel Networks until recently. My experiences, particularily with Nortel Networks, have convinced me that substantial reform of the process for electing Board members is imperative. Please give all due consideration to the above petition. I look forward to the SEC's response to this problem. Clyde Wayne Smith 11206 Harbour Springs Circle Boca Raton, FL 33428