We are extremely delighted to welcome the American Kennel Club to our growing client family here at Hill, Chesson & Woody. Founded in 1884, the AKC operates the world’s largest registry of purebred dogs and is the nation’s leading not-for-profit organization devoted to the study, breeding, exhibiting and advancement of purebred dogs. While sanctioning and regulating over 20,000 competitive dog events annually around the world, the AKC advocates canine good health and responsible ownership, and is a leader in the international canine community. The AKC also provides financial and administrative support to the American Kennel Club Canine Health Foundation, which underwrites scientific research to safeguard and advance the health of purebred dogs, and the American Kennel Club Companion Animal Recovery Corporation, which is dedicated to reuniting owners and lost pets.

Together with its affiliates, the AKC has nearly 450 active employees and over 300 retirees, representing a unique opportunity for the staff at Hill, Chesson & Woody to help an organization of this stature with all of its benefit challenges. We are excited about the role we will play in helping to recruit and retain the employees vital to the Club’s continued success, and we look forward to fostering our business partnership in the years to come.

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Important Notice: Hill, Chesson & Woody does not engage in the practice of law, accounting, or medicine. Therefore, the contents of this communication should not be regarded as a substitute for legal, tax, or medical advice.

September 21, 2007