The following summarizes some of the election procedures for the 2000 Annual Meeting of CIRI Shareholders. A complete copy of CIRI's Election Procedures and Rules of Conduct for Shareholder Meetings will be available at the June 3rd annual meeting or may be obtained prior to the meeting by contacting CIRI Shareholder Relations.

The following personal statements are being printed to help shareholders learn more about the candidates running for the CIRI Board of Directors. For further information about these candidates, refer to your proxy statement mailed in April.

The Claims Act directed us to incorporate, under the laws of Alaska, a Regional Corporation to conduct business for profit. We were to organize and function in accordance with the provisions of the Act. It further provided that we would be a restricted corporation. The shareholders have not chosen to change that. If we accept the mandate from the shareholders that we remain a restricted corporation, then we should view the asset base of the company as an irrevocable trust.

The job of the directors is to insure that CIRI continues on its profit-making path of growing the company, and paying an ever-increasing yearly dividend.

CIRI's success in the economic arena is unprecedented, and I believe it is a source of pride for most shareholders. The non-profit arms of CIRI serve a growing number of Native Americans in numerous ways. The benefits are much needed, flowing to young and old and provide health, educational, cultural, and employment opportunities.

On the horizon are proposed plans which will impact the lives of our shareholders in important and positive ways. I would like to be a part in shaping those plans. Therefore, I respectfully request another term as a member of the CIRI board of directors.

I am a long-time CIRI board member. I have helped and watched the company change and grow dramatically over the years. Many of the original members of the board have retired and

some of the corporate "memory" has gone with them. Although I am still young, I have a lot of corporate memory within me and that can be valuable. The success of CIRI has instilled pride in many of our shareholders, given a measure of power to our shareholders, paid a good dividend, and the company is a good neighbor to the communities in which we operate our various successful business ventures. I am committed to the continuing success of CIRI.



William C. Prosser

CIRI has had a remarkable history since 1971. The success is largely due to shareholder support for a stable, experienced, and honest board of directors. These boards, in turn, have hired and supported very high quality management -- the results speak for themselves. No matter what financial measurements are used, CIRI is clearly one of the most successful Alaskan-owned businesses in the state. However, times are changing and we are all growing older. In the past few years nearly a third of our board has retired. I have served the board since 1974. I wish to continue serving a few more years so that I may impart some small part of our corporate knowledge to new members while continuing our current success. We need to impart both what we've done right and what we've done wrong to the next generation of leaders. Only in this way can CIRI expect to avoid errors of the past and build upon our phenomenal successes.

I've been committed to Native affairs since returning home, June '73. It has been my honor and privilege to serve as a CIRI director since 1991. I am proud of CIRI's success and even more gratified by the pathways to opportunity this success has opened to our people. CIRI is a strong Alaska Native corporation!

I believe that in continuing to serve, I will help to enhance continuity and the stability of this corporation. By forging a strong, enduring Native community, we will perpetuate our heritage and culture.