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December 22, 2003

Jonathan G. Katz
U.S. Securities and Exchange Commission
450 Fifth Street NW
Washington, DC 20549-0609

Re: File No. S7-19-03

Dear Mr. Katz:

I appreciate the opportunity to comment on the Commission's proposals to give stockholder nominated director candidates access to company proxy statements in certain circumstances.

I am a member of the Business Roundtable, and I agree with its letter commenting on the pending proposals. I urge the SEC to defer adoption of the proposals, particularly in light of other reforms that are directed to similar objectives.

Very truly yours,

Michael L. Eskew