Citizens Board of Governors Meeting 9/15/06

Jan 14, 2007

Attached please find our memorandum summarizing the September 14, 2006, meeting of the Board of Governors of Citizens Property Insurance Corporation. Also attached are copies of select presentations referenced at the meeting; the remaining presentations are available via Citizens’ web site (http://www.citizensfla.com/bnc_meet/m_details.asp?event=141&when=Future).

Should you have any questions or comments, please do not hesitate to contact us.

Regards,

Fred E. Karlinsky