CIRI - Raven's Circle Newsletter

CIRI

CIRI 8(a) subsidiary completes Washington bridge project

ANC Research & Development LLC constructs bridge on time

ANC Research & Development LLC (ANC R&D) and their primary subcontractor, Alaska Interstate Construction LLC (AIC), recently completed a contract to replace a Washington state bridge for the U.S. Department of Transportation. The project was completed on-time and in-budget.

CIRI nominating committee seeks applicants for 2009 Board election

Board-recommended slate application due Jan. 30

The CIRI nominating committee seeks CIRI shareholders interested in being considered for nomination for the 2009 CIRI Board of Directors' slate of candidates. To be considered for nomination, all Board slate applicants, including incumbents, must complete a Candidate Nominee Application and return it to CIRI by Jan. 30, 2009, 5 p.m. AST.

Hydro energy subsidiary gets permits for Kenai projects

Kenai Hydro LLC exploring four low-impact hydroelectric energy projects near Moose Pass

The Federal Energy Regulatory Commission (FERC) recently approved preliminary permits for Kenai Hydro LLC to explore the viability of low-impact hydroelectric energy projects on the Kenai Peninsula.

A word from the president

Commemorating statehood and dealing with change

By: Margie Brown, CIRI president and CEO

On January 3, 2009, Alaskans will celebrate the 50th anniversary of Alaska's statehood. We should take a moment as we commemorate this important milestone to reflect upon the extraordinary change our state and its residents have experienced during the past half century; from earthquakes, volcanoes and extreme weather to ANCSA, oil booms, oil spills, economic growth and the buzz of living in the spotlight of a national political campaign. Congratulations, Alaska.

Our Business

CIRI supports full-time ANSEP chair at UAA

CIRI and other Alaska companies have, together with the Rasmuson Foundation, endowed a new permanent full-time faculty chair for the Alaska Native Science & Engineering Program (ANSEP) at the University of Alaska Anchorage.

CIRI needs your help locating shareholder addresses

CIRI strives to ensure correspondence, reports, newsletters and dividends reach shareholders in a timely manner. It is important for shareholders to notify CIRI Shareholder Relations and the U.S. Postal Service of all address changes.

CIRI Shareholder News

Call 2-1-1 for community services information

2-1-1 is an easy-to-remember telephone number that connects inquirers to health and human service information in their community. Supported by United Way, federal, state and local government agencies, referral services and other community organizations, 2-1-1 is a useful tool for people who need help finding resources or assistance.

CIRI Shareholder News

Shareholders to receive 1099s for taxes

After Dec. 31, CIRI's Accounting and Finance Department will be able to determine the proper treatment of the various types of distributions CIRI made to shareholders in 2008 with respect to IRS Forms 1099 reporting requirements.

CIRI Shareholder News

Miller wins December stock will prize

Marie Christine Miller of Washington won the December 2008 stock will participation prize. To be eligible for the monthly $200 prize drawings, shareholders must have a will disposing of their CIRI shares on file in CIRI Shareholder Relations.

2009 dividend payments

CIRI's dividend policy states that the total CIRI dividend payment to shareholders in any given year is equal to 3.25 percent of the total shareholders' equity, calculated as of Dec. 31 of the prior year. 2009 dividend amounts will likely be calculated shortly before the date of record for the first quarter dividend distribution, which generally falls within the last two weeks of March.

CIRI Spotlight: Jack Kvasnikoff

CIRI shareholder promotes safety, environment at Peak

CIRI shareholder Jack Kvasnikoff has been a driving force in Peak Oilfield Service Co.'s efforts to be an industry leader in safety practices and environmental stewardship. Kvasnikoff, Peak's HSE (Health, Safety and Environment) Environmental Specialist, is especially committed to reducing waste and pollution.

Nonprofit News

Intertribal band Medicine Dream nominated for NAMMYs

Local intertribal band Medicine Dream followed up their 2007 NAMMY Award for Best Music Video for their song "In This World" with two additional Native American Music Award nominations: one for Best Rock Recording for "Learning to Fly" and another for Song/Single of the Year for "Way of the Warrior."

Nonprofit News

Heritage Center after-school program receives national award

The Alaska Native Heritage Center's (ANHC) after-school program was nationally recognized as one of 18 youth arts and humanities programs to receive the prestigious 2008 Coming Up Taller Award. The after-school program focuses on teaching young people about their cultural heritage.

Nonprofit News

SCF to hold Annual Gathering on Jan. 24

Southcentral Foundation's (SCF) 12th Annual Gathering will be held at the Dena'ina Civic and Convention Center on Saturday, Jan. 24, from 10:30 a.m. to 3:30 p.m.

Nonprofit News

CITC joins White House roundtable on Native youth

Positive youth development in American Indian and Alaska Native communities was the focus of a White House "Compassion in Action Roundtable" held on Nov. 13.

In Touch with shareholders

Washington college graduate

CIRI shareholder David Harrison graduated from Evergreen State College in Olympia, Wash. with a Bachelor of Liberal Arts in Native American Studies, Federal Indian Law and Sovereignty on June 10. David and his wife Dusty live in Albuquerque, N.M.

In Touch with shareholders

Baby Jordan

CIRI descendant Jordan Blake Frost-Carnes was born to proud parents Allison Frost and Dylan Carnes on Feb. 25, 2008, at 2:36 a.m. at Seton NW Hospital in Austin, Texas.

In Touch with shareholders

International relations graduate

CIRI descendant Timothy "Tim" Juliussen graduated from Troy University with a degree in international relations on May 11, 2007.

In Touch with shareholders

Baby Jillienne

CIRI shareholder Michael and Audra Kruse proudly announce the birth of their daughter, Jillienne Jo Kruse.

In Touch with shareholders

Colorado wedding

CIRI shareholder Brenda Adams (Oskolkoff) and Daniel Wangnild were united in marriage on Oct. 5 at the Black Canyon Inn in Estes Park, Colo.

Shareholder-owned business

Orbit Tech Satellite Inc.

Orbit Tech Satellite, owned by CIRI shareholder Kelle M. Carver, provides high-speed Internet and television services.

Condolences

View the obituaries of CIRI shareholders who have recently passed away

Eklutna Inc. elects Board of Directors

Village corporation distributes dividend of $2.50 per share

Eklutna Inc. elected the following members to its Board of Directors at its annual meeting of shareholders on Nov. 22.

CIRI mails 2009 calendars

Shareholders who do not receive calendars should contact CIRI

CIRI recently mailed its 2009 calendars to shareholders. Due to complications with one of CIRI's vendors, some shareholders could receive more than one calendar. We apologize for the inconvenience. If you are a shareholder and have not received your calendar, please contact CIRI's Corporate Communications Department at info@ciri.com or (907) 274-8638.