EX-99.9 10 exh999.htm EXHIBIT 99.9 exh999.htm
Exhibit 99.9
 

 
 
 
 
Worldwide Pipeline
Rehabilitation
 
 
17988 Edison Avenue
Chesterfield, MO  63005
www.insituform.com
David F. Morris
Senior Vice President, General Counsel
& Chief Administrative Officer
Phone:     636-530-8020
Fax:          636-530-8701
E-mail:  dmorris@insituform.com
 
 

March 27, 2008


VIA E-MAIL AND FACSIMILE

Mr. Matthew J. Diserio
President
Water Asset Management, LLC
425 Park Avenue, 27th Floor
New York, New York  10022

 
Dear Mr. Diserio:

I am writing to you regarding our telephone conversations over the past few days in which I suggested a meeting this week between members of Insituform’s Board of Directors and representatives of Water Asset Management.

Insituform’s Board of Directors is disappointed that you have declined to meet with us ahead of the Company’s upcoming annual meeting.  We viewed such a meeting as an opportunity to meet in person one or more of the other candidates proposed by TRF Master Fund (Cayman) LP for election to the Board and to follow up on matters discussed in our previous meetings.

While it remains our preference to engage in a constructive dialogue with you, the Company intends to oppose the election of your director candidates at the upcoming annual meeting.  The Board remains united in its view that neither the election of TRF’s nominees nor the amendment of our By-Laws as you have proposed are in the best interests of the Company or its shareholders.

As I indicated to you, we remain open to meeting with you.
 
      
   INSITUFORM TECHNOLOGIES, INC.
 

                                        
 
 
    By: 
        David F. Morris, Senior Vice President, General Counsel
        and Chief Administrative Officer
 
cc:  Board of Directors