Talent Bank Application Contest

Congratulations to Elina Kelila, the winner of the $100 prize for the Talent Bank Application Contest!

Thank you for a successful Annual Meeting

TKC would like to thank Kalskag for the warm welcome and hospitality. Everyone put tremendous effort into making the annual meeting a huge success. TKC would like to give special thanks to the following for their part in the annual meeting:

Bonnie Persson, Rose Hurst and Steven Gregory with the Traditional Council; Dave & Julia Dorris with the City;

Loreen Steeves, the Cook; and Curtis Paul, Vincent Gregory, James Rogers, and Josephine Nook, the hard working volunteers.

Investments Update

TKC continues to maintain our valuable relationship with JL Properties. Jonathan Rubini and Leonard Hyde are known as some of Alaska's premier real estate developers. Our real estate investments continue to perform well. We currently have $5.8M invested in real estate which is 33% of our overall asset portfolio. Last year we received over $856,228 in revenue distributions from our real estate investments. In addition, we invested in two new investments with JL Properties.

Management Discussion

TKC has recently adopted a new Vision Statement that will help guide us into the future as we continue to grow the company. I am very excited about the new vision, because it provides a specific objective that both the board and shareholders can measure the company against. Keeping in mind that TKC's current shareholder equity is almost $15M, TKC's new vision is that TKC will be an internationally well known $100M (in shareholder equity) Alaska Village Corporation by the year 2015.