We have held several discussions with Rick over the last week since his return from Africa and I am delighted to report that we have reached an agreement in principle for Rick to become our new CEO.  Details of the contract are still being worked out but the major pieces - - including compensation - - have been agreed to.  Rick is extremely excited about the new challenge and sincerely appreciative of the Board’s strong support.  Once the contract is signed, we will let you know and Friends will make an official announcement.  It is our intent to get the contract drafted, signed and a public announcement made within the next week to ten days.  Prior to a public announcement, we will let Josette and her team at the WFP know of the decision as well as the staff at Friends.  We would appreciate you keeping this confidential until an official announcement is made.  We will send you the press release once it is ready to go.

Thanks,

Randy

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Russell | Barron, Inc.

1919 South Eads Street, Suite 103 |  Arlington, VA 22202

p: (703) 979-6900 |  f:  (703) 979-6906 | GR@lrbdc.com