September 1, 2003

Dear Family Member;

This memo is to update you on the status of the Huscroft Educational Trust. In August of this year, two Spring 2004 awards were made to first time recipients as follows:

Marden Litchfield, CAD$4000, for studies at the University of Alberta in Education

Patricia Facuri, CAD$1500, for studies at the Centro Universitário do Norte Paulista in Psycology

In addition, three Spring 2004 awards were made to previous recipients to support their ongoing studies as follows:

Carla Siqueira, CAD$3000, for studies at the Centro Universitário do Norte Paulista in Physiotherapy

Traven Huscroft, CAD$3000, for studies at the University of Lethbridge in Political Science

Alexandre Chareti, CAD$5000, for studies at the Universidade de São Paulo in Social Science

These awards will be paid in two installments, the first in March 2004 and the second in September 2004.

In addition to these new awards, previously committed awards will be paid in September 2003 to Melissa Chareti, Danna Duce, Marin Cocke, Cory Duce, Alexandre Chareti, Dustin Litchfield, Lara Litchfield, Pedro Facuri Neto, Traven Huscroft, Carla Siqueira, Priscila Martins, Nicole Huscroft and Shauna Edis. Total payments by the Huscroft Educational Trust in September 2003 are $24,250. Payments are made upon timely receipt of transcripts as outlined in the award letters. By the end of September, the Huscroft Educational Trust will have paid approximately $100,000 to students.

The next awards will be for Fall 2004. It is anticipated that $50,000 (Canadian) per year will be awarded through distributions of small ($1,000) to large ($10,000) annual awards. Awards may be given for multiple years, but must be renewed each year. Applications for Fall 2004 must be received by January 15^th, 2004 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/

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 Melissa Chareti, 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 Fall 2004 awards.

Sincerely,

Patricia Huscroft, Chair

Huscroft Educational Trust

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

Tel: (604) 469 6300

Fax: (604) 469 8918

Cel: (604) 219 8100

patricia(at)huscroft.ca