At the annual meeting in Anchorage on June 23, 2007, Sealaska shareholders will have the opportunity to vote on three important resolutions:

• Should eligible descendants of original shareholders be issued 100 shares of life estate stock in Sealaska?

• If shareholder descendants are enrolled, should Sealaska issue 100 shares of nonvoting life estate stock to Elders (original shareholder as they reach the age of 65), in addition to shares they already own?

• If shareholder descendants are enrolled, should Leftouts (eligible Natives who missed previous enrollment periods) be issued 100 shares of life estate stock in Sealaska?

The Sealaska board of directors, management and staff is committed to providing balanced information about these important resolutions to help shareholders make informed decisions. Their website will allow you to access up-to-date information on each resolution. We encourage you to visit often from now until the vote in June 2007, as the site will continue to be updated with new material and answers to your questions.