The 32nd Annual Meeting of CIRI shareholders was held on Saturday, June 4, 2005, in Anchorage. The CIRI Inspector of Election announced that the CIRI shareholders had elected the board-endorsed slate of candidates, which included incumbents B. Agnes Brown, Roy M. Huhndorf, Patrick M. Marrs, Robert W. Rude, and first-time director Penny L. Carty.

These Board members, who are all Alaska Native and voting shareholders of the corporation, will serve three-year terms ending in 2008.

The CIRI Board of Directors also elected the following officers at its meeting: William C. Prosser, chairman; Charles G. Anderson, vice chairman; Robert W. Rude, secretary; Robert Singyke, assistant secretary; Michael R. Boling, treasurer; and Clare Swan, assistant treasurer. Other directors who continue to serve their remaining terms are Gosta E. Dagg, William D. English, Thomas P. Huhndorf, Harold F. Rudolph and Dr. Terry L. Simpson.

"Election of members to the CIRI Board is vital to the governance of CIRI. We are pleased with this year's election and to have a board that is working together on behalf of our shareholders and the good of the company," said CIRI chairman William Prosser.

"The CIRI staff and I look forward to working together with the Board to carry out CIRI's strategic plan," said Margie Brown, CIRI president and chief executive officer.

More than 500 shareholders and guests attended this year's Annual Meeting, held at the Sullivan Arena. There were 589,570.729 shares of common stock of CIRI outstanding and entitled to be counted for quorum purposes for the meeting, and a total of 324,269.55 shares were present in person or represented by proxy at the meeting.

Five resolutions, introduced on the floor by shareholders at the Annual Meeting, failed to pass.

The Fireweed Dancers and Singers performed at the 2005 CIRI Annual Meeting of Shareholders. CIRI Board members and other attendees joined the group for a song and dance.