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<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012>Dear Committee Members:</SPAN></FONT></DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012></SPAN></FONT> </DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012>Attached are the current drafts of the proposed ACTEC
comments in response to Notice 2011-101 and the proposed revenue ruling.
These have been reviewed by the Washington Affairs Committee and should be a
nearly final form. The Report's format has been changed substantially from
the prior Report, but its content is based almost entirely on the prior Report,
modified only to address additional matters raised by the Notice that were not
previously covered.</SPAN></FONT></DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012></SPAN></FONT> </DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012>As indicated in the Agenda, I would like to have a
discussion, and hopefully approval of these items at our upcoming Committee
meeting in Miami.</SPAN></FONT></DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012></SPAN></FONT> </DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012>Please share your comments with me as soon as you are
able.</SPAN></FONT></DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012></SPAN></FONT> </DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012>Best, Diana</SPAN></FONT></DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012></SPAN></FONT> </DIV>
<DIV align=left dir=ltr><FONT color=#0000ff face=Arial size=2><SPAN class=138092023-27022012>
<DIV align=left><FONT style="FONT-WEIGHT: 700; FONT-SIZE: 8pt; COLOR: #003359; FONT-FAMILY: 'Trebuchet MS'">Diana
S.C. Zeydel</FONT><FONT style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: 'Trebuchet MS'"><BR>Shareholder
| Chair, Trust & Estates Deparment</FONT><BR><FONT style="FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: 'Trebuchet MS'">Greenberg
Traurig, P.A. | 333 S.E. 2nd Avenue | Miami, FL 33131<BR>Tel 305.579.0575 | Fax
305.579.0717 <BR></DIV>
<DIV style="TEXT-TRANSFORM: lowercase"><A href="mailto:ZeydelD@gtlaw.com" style="COLOR: #003359">ZeydelD@gtlaw.com</A> | <A href="http://www.gtlaw.com/" style="COLOR: #003359">www.gtlaw.com</A></DIV>
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