January 22, 1997

ALL ASSOCIATION MEMBERS

Circular Letter No. 97-1268

RE: 4-1-97 Assigned Risk Rates (correction)

An inadvertent error occurred in Circular 97-1267. We misrepresented Commerce Commissioner David Gruenes by identifying former Commerce Commissioner James Ulland as issuing the April 1, 1997 rate order.

Attached is a revised cover page correcting this error.

Sincerely,

CRAIG A. ANDERSON

Vice President

Actuarial Services

CAA/cac

Enc.