Loch Harris (Old)

[lmorovan]

The Honorable Patrick O. Keel
P.O. Box 1748
1000 Guadalupe
Suite 514
Austin, Texas 78767
Phone: [phone]
Fax: [phone]

June 24, 2003,

Your Honor,

It is my duty as shareholder of Loch Harris, to inform you of the fact that, once again, Loch Harris Inc. and its Directors have failed to comply and/or fulfill their fiduciary duties, by neglecting to incorporate in the 8-K form submitted to the Securities and Exchange Commission, a specific Date of Record. The absence of said Date of Record has caused and continues to cause uncertainty among shareholders of Loch Harris.

I understand that the Court has issued the following:

"118. After entry of this Final Judgment, to alleviate potential confusion in the
market, Loch Harris shall promptly file a Form 8-K with the S.E.C. to reflect the
following: This Court recommends that all persons stop trading in Loch Harris stock beginning on a date three weeks (i.e., 21 calendar days) after entry of this Final Judgment, at 5:00 p.m. Pacific Time; and that after that date and time, brokers may or may not possess or be able to acquire shares that traders seek to buy or sell. Thus, any attempts to trade after that date and time might not be consummated; and traders and their brokers who undertake to conduct such trades do so at their peril."

It is, however, the Company’s responsibility to set a specific Date of Record, to signal the last trading day that Loch Harris shares can be purchased and still be eligible for the exchange. This information must have been included in the last 8-K form. Not doing so is creating a state of chaos and misunderstanding among shareholders.

I respectfully request that the issue aforementioned be addressed and remedied at the earliest time possible.

Thank you very much for your attention,

Liviu Morovan


xc:

Ms. Amalia Rodriguez-Mendoza,
Via FAX: [phone]

Mr. Scott A. Kamber, Attorney,
Via FAX: [phone]

Mr. Cliffor A. Cantor, Attorney,
Via FAX: [phone]

Mr. John Courtade, Attorney,
Via FAX: [phone]

Mr. Frank Arnold, Attorney
Via FAX: [phone]

Mr. Donald R. Taylor, Attorney,
Mr. Miguel S. Rodriguez, Attorney,
Via FAX: [phone]