All,

Given the constant request for much needed communication (update), we were able to have a brief statement made by the company’s President. This statement – which can be found on the corporate blog ( http://hollundindustrial.com/blog class="text_exposed_show"> .html ) – is just a prelude to a broader and more in depth Statement of Progress the company anticipates releasing within the week.

We greatly appreciate the persistence of Messrs Morrison, Anderson and Keller, who while are just “common” shareholders (legally), have indeed taken the lead in holding this company responsible for its actions/inactions as it regards communications with the public and fellow shareholders. Hollund Industrial Marine will always be better for it.

As always, all of our actively concerned shareholders know how to contact us. Feel free to do so if there is anything you may need to discuss.

Thank you.

Sincerely,
Team Hollund.