National Trust – 10

March 12, 2010

On February 25, 2010, National Trust issued the Notice of Surplus Withdrawal Application to Koskie Minsky LLP, who accepted service of this document on behalf of all Sharing Group Members who have voted in favour of the Surplus Sharing Agreement. A copy of this document is accessible through our “Documents” link below.

The purpose of this document is to advise Plan members of the upcoming surplus withdrawal application, which is scheduled to be filed with the pension regulator by the end of March.

The only individuals who will be directly mailed this document are those Plan members who have not retained Koskie Minsky LLP.

This is good news, as the process of seeking regulatory approval to the Surplus Sharing Agreement is advancing.

Further updates regarding this process will be posted on our website as they occur.

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