January 14, 2002   Peter Urs Bender   108-150 Palmdale Drive   Toronto, Ontario   M1T 3M7   Dear Peter,   The first time you told me about your new book "Gutfeeling" I nearly fell of my   bike! Maybe I'm working out too hard at the Fitness Institute, I thought.   But after thinking about it, I have to agree with you. All good business decisions   have to be based on logic and reason. But there is another factor. Intuition ----   what you call "gut feeling".   At W.K. Buckley Limited, we are no different. Our Management Committee looks at     new opportunities, analyzes them, and reflects on them. Then we vote. Reflecting   on the analyses is one of the most important part of the process. It gives us time   to have sober second thoughts, and to listen to our inner feelings.   Browsing through your new book, I must say you have some good simple advice on     how to increase one's ability to listen to one's 'gut feelings'.   Peter, I wish you all the best with your new book and look forward to biking with   you soon again!   Sincerely,      Frank C. Buckley   Chairman, W.K. Buckley limited