EX-99.77Q1 OTHR EXHB 4 ex77q1f.txt -------------------------------------------------------------------------------- OAK VALUE FUND -------------------------------------------------------------------------------- June 29, 2007 Deloitte & Touche LLP 250 Fifth Street, Suite 1900 Cincinnati, Ohio 45202 Re: Oak Value Trust Ladies and Gentlemen: Enclosed please find a copy of Item 77K of Form N-SAR which we propose to file with the Securities and Exchange Commission in connection with the cessation of Deloitte & Touche LLP's role as independent auditor. Please furnish us with a letter addressed to the Commission stating whether you agree with the statements made therein and, if not, stating the respects in which you do not agree. We will file your letter as an exhibit to the enclosed report. Thank you for your assistance. Very truly yours, /s/ John F. Splain John F. Splain Secretary
P.O. Box 46707 Cincinnati, Ohio 45246-0707 Phone: 1-800-622-2474 Fax: 513-587-3438 www.oakvaluefund.com
DELOITTE DELOITTE & TOUCHE LLP Suite 1900 250 East Fifth Street Cincinnati, OH 45201-5340 USA Tel: + 1 513 784 7100 www.deloitte.com August 21, 2007 Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549-7561 Dear Sirs/Madams: We have read Sub-Item 77K of Oak Value Trust's Form N-SAR dated August 21, 2007, and have the following comments: 1. We agree with the statements made in the first, second, third, fourth and sixth paragraphs. 2. We have no basis on which to agree or disagree with the statements made in the fifth paragraph. Yours truly, /s/ DELOITTE & TOUCHE LLP Member of Deloitte Touche Tohmatsu