Dear Port Graham Corporation Shareholder:

We are sending you this letter to let you know that the Annual Meeting of the Port Graham Corporation that was originally scheduled for Saturday, October 9th, 2010, and rescheduled for Saturday, December 4th, 2010, in Port Graham, Alaska has again been postponed due to the death of a shareholder early this week in Port Graham.  To show respect to the immediate family members, the Board of Directors has decided to reschedule the annual meeting again.

At this time the Board of Directors has not set a date for the rescheduled meeting.  It is anticipated that the meeting will now be held sometime after the holidays, perhaps in late January or early February.

The proxy sent with the original meeting notice will still be valid and we will use this proxy if you returned it to vote your shares at the previously scheduled meeting(s).  If you did not return your proxy yet, you may still do so and we encourage you to please submit your proxy if you cannot attend the meeting in person.

If you cannot locate your original proxy and will not be able to attend the meeting in person, please contact the Corporation office at (907) 272-7432 or e-mail info@portgrahamcorp.comand we will send you a new copy.  You may also download a blank proxy from the Corporation’s website at www.portgrahamcorp.com. 

Please do not hesitate to call with any questions you may have.  If you have already voted by proxy we thank you for your participation. 

We thank you for your understanding and patience and will provide appropriate notice as to the time and place of the rescheduled meeting.
 

Sincerely,
 

Lloyd H. Stiassny

President/CEO