From: matthew.cavalli@und.nodak.edu
[mailto:matthew.cavalli@und.nodak.edu]
Sent: Monday, March 29, 2004 6:21 PM
Subject: S7-19-03

To Whom It May Concern,

As a small shareholder of several publicly traded companies, I am writing in support of this proposal to improve the accountability of corporate boards by opening the election process to shareholder nominees in certain cases. Though much remains to be done it this area, I feel that this proposal is an important and very necessary step in the right direction for corporate governance.

Thank you for your time.

Matt Cavalli