August 24, 2007 Board of Directors American Equestrian Trade Association 591 North Avenue, Suite 3-2 Wakefield, MA 01880 Jim Herbert, Managing Partner GlobalStrat LLC 9 North Liberty Street PO Box 1866 Middleburg, VA 20118 This letter represents the equestrian industry members signatured below who support an effort of a unified industry trade show that resolves the differences of both parties. We request that you submit to a professionally arbitrated resolution by a neutral party with a short time line for completion of an agreement. A mediated resolution will avoid the burdensome effect on industry members of two shows. We believe that strides have been made toward a stronger, unified show and that a mediated resolution of your conflict is in our best interest looking toward the years ahead. This letter signifies our strong support for a mediated result and thereby an opportunity to offer unified backing to both the IEBA Expo and AETA association. Yours truly,