Thursday, October 23, 2008

Draft: Letter to request for Open Forum

Date

Name of CEO
Financial institution

Collective Letter to request for an Open forum

Dear Sir,

We are the valued customers who have placed our explicit trust in your organisation. On the recommendation of your Relationship Managers, we have put in our hard earned money in the credit linked securities and have made substantial losses.

We wish to request you Senior Management as follows:

1) Obtain from the trustees a detailed statement of account for each series of the credit linked securities sold to us, from the inception until the latest available date, together with a valuation of each series of the securities at the latest available date.

2) To hold a meeting of the investors to give an explanation on the performance of each series of the securities and to allow us ask questions and seek clarification. We wish to have the well-regarded person (Mr. XXXXXXXXXXX) to be present at the meeting.

We would like you to accede to this request within 2 weeks of this letter. Kindly provide a reply to this letter.


Yours Sincerely,



(signatories)