Subject: File No. 265-24
From: Jim Ingraham
Affiliation: Partner, PricewaterhouseCoopers

June 4, 2008

I am in complete agreement with the Committee's agenda, and in general agreement with the Committee's findings. I believe that the matters discussed in sections 3.1 through 3.5 are particularly important, and that the Committee's findings and recommendations are very thoughtful and appropriate.