[Tai_Chung]

Senior Management—NCCI Holdings, Inc.
D.W. (Bill) Schrempf President and Chief Executive Officer Robert G. Blanco Actuarial and Economic Services Michael E. Bullard Corporate Communications James J. DeCesari Data Resources Terrence D. Delehanty Legal	Alfredo T. Guerra Finance Phyllis Lodico Risk Services Michael Shawn O'Rourke Information Technology Therese M. Swanberg Human Resources Helen J. Westervelt Regulatory Services

[HENRYADAMS]

Thanks for your knowledge, time and effort. I think it helps. Corporations are faceless and nameless. Their officers are not. It is the officer who is responsible. Do not ever let them hide behind the corporate form.

[SSN558]

"Chief Executive Officer Bill Schrempf"

Dear Bill:

Please remember the reaction of Americans that pulled millions of dollars out of their Morgan Stanley accounts when the management there paid the Anti American Bill clinton $100,000 for a speaking engagment.