March 3, 2003

Dear Family Member;

This memo is to update you on the status of the Huscroft Educational Trust. In February of this year, five Fall 2003 awards were made to first time recipients as follows:

Kristen Campbell, CAD$2000, for studies at the University of Alberta in Physical Education

Kristi Renz, CAD$2000, for studies at Olds College in Equine Science

Nicole Huscroft, CAD$1500, for studies at University of Calgary in Education

Jeff Huscroft, CAD$1500, for studies at the College of the Rockies in Welding

Shauna Edis, CAD$3000, for studies at Okanagan College in Nursing

In addition, eight Fall 2003 awards were made to previous recipients to support their ongoing studies as follows:

Melissa Chareti, CAD$1500, for studies at the Centro Universitário do Norte Paulista in Languages

Danna Duce, CAD$3000, for studies at the University of Alberta in Psychology

Marin Cocke, CAD$1000, for studies at the University of Victoria in Geography

Cory Duce, CAD$3000, for studies at the University of Alberta in Electrical Engineering

Dustin Litchfield, CAD$3000, for studies at the University of Alberta in Computer Engineering

Lara Litchfield, CAD$3000, for studies at the University of Alberta in Engineering

Pedro Facuri Neto, CAD$3000, for studies at the Centro Universitário de Rio Preto in Law

Prescila Martins, CAD$6000, for studies at Centro Universitário de Rio Preto in Dentistry

These awards will be paid in two installments, the first in September 2003 and the second in March 2004, except for Melissa’s, which is for a single term.

In addition to these new awards, previously committed awards will be paid in March 2003 to Melissa Chareti, Marin Cocke, Sabrina Grondin, Alexandre Chareti, Cory Duce, Cristina Grondin, Danna Duce, Dustin Litchfield, Lara Litchfield, Traven Huscroft, Carla Siqueira, Priscila Martins and Pedro Facuri Neto. Total payments by the Huscroft Educational Trust in March 2003 are $25,500. Payments are made upon timely receipt of transcripts as outlined in the award letters. By the end of March, the Huscroft Educational Trust will have paid approximately $76,000 to students.

The next awards will be for Spring 2004. It is anticipated that $50,000 (Canadian) per year will be awarded through distributions of small ($1,000) to large ($5,000) annual awards. Awards may be given for multiple years, but must be applied for each year. Applications for Spring 2004 must be received by July 15^th to be considered. Applications should be sent to the chair at the address, fax or email given below. The application forms are available on line at http://www.huscroft.ca/ or at http://www.huscroft.org/

The responsibility of making award decisions is the role of the Advisory Board. The decisions will result in part from reviewing the applicant's eligibility, economic potential, financial need, and academic achievement, with priority given to youth. Current Advisory Board members are Pedro Facuri Junior, John Huscroft, Patricia Huscroft, Dot Rathgeber, and Dawn Sommerfeld. If you have any questions, please contact one of the Advisory Board members. Over the coming months I will look forward to receiving applications for Spring 2004 awards.

Sincerely,

Patricia Huscroft, Chair

Huscroft Educational Trust

808 Alderside Road, Port Moody, B.C., Canada V3H 3A5

Tel: (604) 469 6300 Cel: (604) 219 8100

Fax: (604) 469 8918 patricia(at)huscroft.ca