Subject: ATTN: Jonathan Katz, Secretary: copy of letter to Chairman L Date: 11/25/97 5:46 PM Jonathan Katz, Secretary Securities and exchange Commission 450 5th St. NW Washington DC 20549 Dear Sir, Enclosed is a copy of my letter to Chairman Levitt, concerning my opinions on the proposed change in SEC rules. Arthur Levitt, Chairman Securities and Exchange Commission 450 5th St. NW Washington DC 20549 November 24, 1997 Dear Chairman Levitt, I am writing to voice my strenuous objection to the SEC"s new proposed rules (S7-25-97). If adopted, these rules will all but destroy the rights of American shareholders. Please use all your power to stop these proposed rules from going forward. Either let the existing rules stand or develop new rules that better protect shareholders. American shareholders are counting on you to safeguard our rights. Don't let these proposed rules be another set of regulations from Washington that favor big business. Today 's shareholder process is a responsible, reasonable approach. It starts a process of dialogue between concerned shareholders and corporate management to find real solutions to real problems. The process as it stands today is an important tool for protecting my financial interests as a stock owner. It is also an important marketplace mechanism for promoting corporate accountability and corporate responsibility. Shareholders have enormous financial interest in addressing the diverse issues raised through the shareholder process. When companies fail to address their governance, environmental or social impact problems, shareholders suffer. Corporate mismanagement of these issues can seriously effect a company's reputation and bottom line. I applaud the SEC for reversing its Cracker Barrel Decision - but the new SEC rules have retained and strengthened the anti-shareholder policy of the original decision. Reverse Cracker Barrel, but don't let the rest of the proposed rules go forward. Mr. Levitt, don't take away shareholder rights. Please leave a legacy of upholding the rights of American shareholders. Avoid a firestorm over this issue. Stop the SEC's proposed rules from going forward. Sincerely, Christy A. Bartlett