Letter To Shareholder Essay, Research Paper

March 5, 1998

Ms. Mary Ruiz

321 Orange Way

Green Valley, Ca 90272

Dear Shareholder:

This year has been an exciting and profitable one at Nomad. As a shareholder, let us tell you about our recent successes and the challenges we expect in the coming year and beyond. This letter summarizes the high points of the year and provides valuable details about our work in individual areas of the organization, including finance, communications, quality assurance, and travel. I am enclosing a complete copy of our Annual Report for the entire organization and detailed profiles for each division.

We are proud of our employees and encourage you to join us at the Nomad Annual Meeting held at the Plaza Center Inn next month. Enclosed is an reply card, which you can return to us if you plan to attend.

Sincerely,

Chris Peterson

VP

Nomad