October 29, 1999

Mr. William McKee

Fayez Sarofim & Co.

2 Houston Center

Suite 2907

Houston, TX 77010

Dear Bill:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye

October 29, 1999

Mr. Gregory Alexander

Ruane, Cunniff & Co.

767 Fifth Avenue

Suite 4701

New York, NY 10153

Dear Gregory:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye

October 29, 1999

Mr. Robert Hanisee

Trust Company of the West

865 South Figueroa Street

Los Angeles, CA 90017

Dear Bob:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye

October 29, 1999

Mr. Roger Hertog

President

Sanford C. Bernstein & Co., Inc.

767 Fifth Avenue

New York, NY 10153-0185

Dear Roger:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye

October 29, 1999

Mr. Andy Stenovec

Capital Guardian Trust Company

1 Market, Steuart Tower

Suite 1800

San Francisco, CA 94105-1409

Dear Andy:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye

October 29, 1999

Mr. Thomas Harrison

Nicholas Applegate

600 West Broadway

30th Floor

San Diego, CA 92101-3311

Dear Tom:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye

October 29, 1999

Mr. Stephen Dean

Rosenberg Institutional Equity Management

4 Orinda Way

Suite 300E

Orinda, CA 94563

Dear Stephen:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye

October 29, 1999

Ms. Pamela Cloyd

BZW Barclay's

45 Fremont Street

San Francisco, CA 94105

Dear Ms. Cloyd:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye

October 29, 1999

Ms. Laura J. Rauman

Firstar Investment Research and Management Co.

P.O. Box 78289

Milwaukee, WI 53278-0289

Dear Laura:

The Bradley Foundation is completing a Year 2000 Compliance review to insure that the Foundation's services will not be disrupted and that data provided by your company will continue to be accurate when the year 2000 arrives.

As an investment manager for the Foundation, the accuracy of your investment and financial data has a direct impact on the operations of the Foundation. Accordingly, please advise in writing your organization's status and activities to achieve Year 2000 Compliance.

Thank you for your cooperation.

Very truly yours,

Robert N. Berkopec

RNB/ye