RE: Pilgrim Tours Financial Position

To Whom It May Concern,

Because of the current world financial situation, we feel it is important for you to know that you can trust in Pilgrim Tours.  Please note the following Financial Position Statement:

• We are a privately held corporation that has no debt. 
• Our management team has decided to hold previous profits in reserve for the purpose of getting through any difficult financial period.
• Our customer payments are not used to pay for other needs.  They are held in reserve for the future tour programs.
• Our bank accounts involving client payments are split between a variety of institutions allowing for full recovery of funds backed by the FDIC.
• Our hometown bank is in a very good financial position.

We will be here during good times as well as difficult times.  We are determined to continue to provide professional services and products of excellent value for many years to come.

You can count on Pilgrim Tours.

Sincerely Yours,

David M. Nyce
President/Pilgrim Tours
800 322 0788 ext. 106
dnyce@pilgrimtours.com