May 29, 2002

Mr. Kelly Ambrose

2968 South Wentworth Avenue

Milwaukee, WI 53207

Dear Kelly:

I would like to thank you for your services to The Lynde and Harry Bradley Foundation, Inc. We have a great team of individuals all contributing to the success of the Foundation.

The Foundation is committed to providing a fair compensation and benefit package to recognize your efforts. While the base salary is the most evident form of compensation, your benefit package includes an array of benefits paid by the Foundation to recognize your services.

Please note that the Foundation contributed $13,833.74 in 2001 to your Simplified Employee Pension (SEP) account. You should have received a Form 5498 from your investment advisor indicating what was contributed to your SEP account during 2001. Please verify that all Foundation contributions have been accounted for.

Enclosed is your annual benefits statement for the year ended December 31, 2001 listing the benefits provided you by the Foundation. We believe we have an above average compensation and benefit package to recognize our above average group of individuals.

Very truly yours,

Michael W. Grebe

MWG/ye

Enclosure