Shareholders holding 329,656.195 shares of common stock of CIRI were present in person or by proxy at the 2000 annual meeting, held June 3 in Soldotna, Alaska. The following five shareholders were elected to the CIRI Board of Directors to serve three-year terms ending in 2003:

The 35 propositions introduced on the floor by shareholders at the annual meeting failed to pass. Complete copies of the propositions are available by contacting CIRI.

The following names were drawn to replace the outgoing members of the three Shareholder Participation Committees:

Bryon Lopez * Anchorage, AK

Geraldine G. Skipper * Anchorage, AK

Ronald C. Williamson * Wasilla, AK

Penny Carty * Kenai, AK

Richard G. Encelewski * Ninilchik, AK

Ruth A. Trefon * Nondalton, AK

Daniel L. Cleaveland * Parsons, KS

Noya J. Woodrich * Minneapolis, MN