2002 Annual Report

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Schedule N1 - PRICEWATERHOUSECOOPERS PCW

September 24, 2002

Dear Ms. Evans:

Compensation for Hepatitis C Infected Persons

Your Matter: 1024
Our File Number: 20-73-26335-05-001

Further to our recent telephone conversations, and to our letter of April 2, 2002 to Ms. Sharon Matthews of Camp Church & Associates, we outline below the current status of our account with regard to services provided to the 86-90 Hepatitis C Claims Centre.

From January 1, 2002 to August 31, 2002, we incurred 106.9 hours of professional time, which, if billed at the (discounted) hourly rate of $210 per hour, would result in fees to date of $22,449. We have also incurred disbursements (including two flights to Ottawa) totalling $1,295. Therefore the total fees and disbursements incurred to August 31,2002 total $23,744.

Based on the orders recently approved, pennitting us to render interim billings from January to August, 2002, we have rendered interim billings totalling $20,525 (being $12,500 from January to May plus $8,025 from June to August). Therefore, there is currently an unbilled balance of$ 3,219 (being the difference between $23,744 and $20,525).

Based on the fees and disbursements actually incurred to date of $23,744, the monthly charges average $2,968. Based on the foregoing, we would be content to be pennitted to bill at the rate of $3,000 per month in order to cover expected fees and disbursements during the balance of the budget period. We draw to your attention that this is significantly less than the time incurred during 2001.

Notwithstanding the above, based on the current shortfall of $3,219, we would appreciate the opportunity to bill this shortfall over the balance of the budget period. If this shortfall were to be billed over the period September 2002 to March 2003 (7 months), the average monthly billing would increase by $460 to $3,460.

Based on the above, we ask to be permitted to bill $3,460 per month from September 2002 to March 2003, and $3,000 per month for April and May 2003, with the understanding that the budget for the 2003/ 2004 period would be set with reference to the $3,000 per month billing level.

Please note that all of the above amounts are subject to GST.

We trust this will be helpful to you and we thank you for your assistance in improving the current status of our account.

Should you have any questions or concerns regarding the above, please do not hesitate to contact us. We look forward to hearing from you.

Yours very truly,

Daniel M. Edwards
Financial Advisory Services

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