From: Melissa Hill [hill_mk@hotmail.com]
Sent: Wednesday, August 13, 2003 3:04 AM
To: rule-comments@sec.gov
Subject: I support S7-14-03

To whom it may concern,
I support the SEC¡¦s proposed rule on disclosure of director nominations.

That the SEC is proposing to require corporations to disclose more 
information about how directors are nominated is a positive development.

The information about how board members are nominated should be included in 
company proxy statements. The statements should also be required to include 
information about how investors could convey their concerns to the board. 
Current rules merely require companies to disclose whether or not they have 
a nominating committee and whether shareholders can nominate directors.

The new rules are important, but it is also important to keep in mind that 
this is only a first step toward opening up the corporate director 
nomination process. Further reforms that would make it easier for minority 
shareholders to nominate directors are truly crucial steps for corporate 
democracy.

I hope to see S7-14-03 accepted and look forward to seeing what other 
reforms the SEC makes to empower shareholders in the future.

Thank you.

Sincerely,
Melissa Hill
concerned citizen

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