The Meeting of Shareholders

We have with us Howard Buffett, Malcolm G Chase III and Walter Scott Jr. Along with us today are partners in the firm of Deloitte and Tush, our auditors Mr. Ron Burgess and Mr. Craig Christensen. proxy cards have been returned for last Friday representing 1,041,567 Berkshire shares to be voted by the proxy holders as indicated on the cards. That number of shares represents a quorum and we will therefore proceed, directly proceed with the meeting.