CLEARWATER INVESTMENT TRUST
                               30 East 7th Street
                         St. Paul, Minnesota 55101-4930

                                  March 2, 2005

VIA ELECTRONIC TRANSMISSION

Securities and Exchange Commission
File Desk
450 Fifth Street, N.W.
Washington, D.C.  20549

         Re:      Clearwater Investment Trust, CIK No. 0000811161
                  Request for Withdrawal of Post-Effective Amendment No. 21 to
                  its to its Registration  Statement on a Form Type 485BPOS
                  File No. 33-12289
                  Accession No. 0000811161-05-000002

Ladies and Gentlemen:

     The  Registrant   filed  its   Post-Effective   Amendment  No.  21  to  its
Registration  Statement  on a Form Type  485BPOS  omitting a covering  letter on
March 1, 2005 (Assession No.0000811161-05-000002).

     The  Registrant  has refiled its  Post-Effective  Amendment No. 21 on Form
Type 485BPOS on March 1, 2005 (Assession No. 0000811161-05-000003).

     Accordingly,  the Registrant  requests  withdrawal of this mistakenly filed
Registration Statement pursuant to Rule 477(a) under the Securities Act of 1933.


                                                     Very truly yours,

                                                     /s/ Richard T. Holm

                                                     Richard T. Holm



cc:      Joseph P. Barri, Esq.
         T1mothy Silva, Esq.