Subject: File No. S7-32-04
From: Daisy Lee
Affiliation: Vineyard National Bancorp

September 23, 2004

I support the proposal of postponing the final phase-in period for acceleration of periodic report deadlines for one more year.

Thank you for understanding that it is a large burden on companies to implement SOX section 404 for the first time and also to have tighter deadline to file its periodic reports. It is very generous of the SEC to allow companies to have more resources to be dedicated to SOX section 404. With good internal controls in place, the likelihood that a company will file periodic reports on time will increase.