January 2, 2004

 ATTN: ALL IEC MEMBERS

 The Interbranch Employee Club (IEC) Privacy Statement

The IEC hereby confirms that it respects the privacy of its members.  The Society further confirms that personal information such as its member’s name, account number will be used only for the purpose of providing IEC products or services to its members, to collect membership fees when due and to maintain a record of an active membership list.

As a member of the IEC, we require the above information to allow us to process your requests for products available through the IEC and to confirm your active membership so that we can accurately deliver the product requested or accurately collect your membership dues.

If you enter a contest or draw or participate in a promotion, the IEC will only advise that information which may be required by a third party in order that they can assist the IEC in undertaking and administering the contest or promotion.  However, should any member wish to not have such information provided to a third party and written restriction has been provided to the IEC Administration Office, the information will not be provided.  Under no circumstances will the member bank account information ever be provided to a third party.

The IEC will honor any request you may make to have access to or review your personal information that it has obtained as referred to above.

If you have any questions or concerns about the IEC’s privacy practices or you do not wish to allow us to use your personal information in any manner discussed above, you may contact us in writing at the above address.

Sincerely,

Jonathan Woelber

Privacy Officer &

President – Interbranch Employee Club