Re: Administrator's Expenses
                    We have performed the following procedures in respect of 
                      expenses incurred by the Garden City Group Canada, a division 
                      of Crawford/Garden City Group Canada Canada ("the Administrator") as administrator 
                      of the 1986 - 1990 Hepatitis C Fund and their June 6th, 
                      2000 budget in the amount of $4,551,347 (excluding Goods 
                      and Services Tax) for the one-year period ended March 31, 
                      2001:
                   
                  
                    The total amount of expenditures incurred by the Administrator 
                      for the one-year period ended March 31, 2001 was $4,267,150 
                      (excluding Goods and Services Tax) (Appendix).
                    As a result of applying the above procedures, we found 
                      no exceptions. However these procedures in themselves are 
                      not sufficient to constitute an audit of the Administrator's 
                      schedule of expenses and therefore we express no opinion 
                      thereon.
                    This report is solely for your use in connection with your 
                      assessment of expenses incurred by the Administrator for 
                      the one-year period ended March 31, 2001.
                    Deloitte & Touche LLP
                      Chartered Accounts
                      Ottawa, Canada
                      May 4, 2001
                    
                    Top