Officer Reports

PAGES 2-7

Shareholder Awards

PAGES 8

Shareholder Comments

PAGES 9-10

Event PhotosPAGE 11

Calender Thank youPAGE 12

April 2011 | Volume 24

Published byNANA Regional Corporation

TheHUNTER

Annual Shareholder Meeting Special Edition

L to R: Devin Cleveland, Dylan Tickett, Sonny Gray and Collins Gray are all smiles as they enjoy the events before the annual meeting.

March 14, 2011, was a clear and beautiful day in Ambler, Alaska, as NANA shareholders from around the region and the country filed into the Ambler school gym for the

37th Annual Meeting of the Shareholders of NANA Regional Corporation. Hugs were exchanged, smiles lit up faces, and newborn shareholders were doted on. By the time the meeting started at 1 p.m., there was standing-room only available in the gym.

More than 450 shareholders attended this year event, and many more listened live or on the Web to KOTZ. However, NANA has more than 12,500 shareholders all over the world and we know that there are those who were not able to listen or attend this year’s meeting. We’ve compiled this special Annual Meeting edition of the Hunter to help connect all of our shareholders with our region and important corporate information. If you attended the meeting, this edition will serve as a reminder of a great day in the beautiful village of Ambler.

Baker and basketball updates throughout meeting

NANA Shareholders Elect 2011 Board

As the annual meeting was heading into the home stretch on March 14th, so was NANA shareholder John Baker, as he sped his way to the fastest Iditarod win in the history of the

race at eight days, 19 hours and 46 minutes. Applause rose up from the audience as NANA Chairman, Donald G. Sheldon, provided updates on Baker’s whereabouts on the trail. But John Baker wasn’t the only NANA shareholder looking for a championship that day. The Buckland boys, Kivalina boys and girls, and Kotzebue girls headed down to Anchorage for the March Madness 2011 basketball tournament at the Sullivan arena. Updates on Baker and basketball were mixed in with official NANA reports throughout the meeting.

D uring the meeting, votes were tallied and winners were declared for seven board seats. Board members Nellie

Sheldon, Tony Jones, Jr., Emerson Moto, Janice Westlake-Reich, Pearl Gomez and Dood Lincoln were reelected to their seats; while newly elected board member, Lowell Sage, Jr., will assume a Kivalina board seat.

UP LEFT: Junior guard, Dessirea Kenworthy of Kotzebue was defended by Barrow’s Jaleen Simmonds during the March 19, 2011, title game in the ASAA 3A girls basketball championships.

UP RIGHT: Chelsea Hadley of Kotzebue scored against Barrow defender, Lynette Hepa in the March 19, 2011, title game of the ASAA 3A girls basketball championships. RIGHT: John Baker at the finish line in Nome on March 15, 2011.

Pearl Gomez, one of NANA’s Kobuk board members, was reelected to her board seat during the meeting.

Photo by Roy Neese, Anchorage Convention & Visitors Bureau.

Mikunda Cottrell was the ballot tabulator and reported the results.

NANA 2011 Board Election Results

Village Seat Board Members

Ambler Nellie SheldonBuckland Tony Jones, Jr.Deering Emerson MotoKiana Janice Westlake-ReichKivalina Lowell Sage, Jr.Kobuk Pearl GomezKotzebue Dood Lincoln

2011

2 HUNTER

Welcome everyone! It is good to be in Ambler at the Ambler School.

It is an honor for NANA to be having our annual meeting here.

NANA: BUILDING FOR THE FUTURE

This is the 40th Anniversary of the Alaska Native Claims Settlement Act, or ANCSA. Just 40 years ago, our leaders were building the foundation of our corporation. It was a struggle entering into the corporate world of America. There were challenges in learning new ways and in deciding what was best for our future. But, we’ve succeeded thus far. Our leaders came together as Iñupiat, as we do today.

We continue to work to build our future. And today we have the same goal. We know we are building a company and a future for more than just ourselves. We are building a strong NANA for generations to come.

Building a strong future is what motivated our leaders before us, and that is still what motivates us.

I want to emphasize that planning for the future takes a lot of prayer and hard work. That is what our past leaders did, and that is what

we must continue to do.We are fortunate that our values

and mission have anchored us in a difficult global marketplace. We all see the images on the news and hear the talk on our radios. National economies, across the world, are facing extraordinary challenges and people all over the world are struggling for freedom, or to recover from tragic natural disasters.

These conditions create uncertainty for businesses. But, despite this turmoil, we stay focused on our goals, and we have found ways to adapt and to grow our corporation. After all, we are used to operating in harsh environments.

BOARD STRATEGIES AND GOALS

Our corporation remains strong because it stays rooted in our region and is guided by our shareholders. NANA’s board of directors, comprised of shareholders, sets the strategies and goals that move

us forward as a company. We continued to make

significant progress on these goals which include: creating economic

opportunities for our people; caring for our Elders;

preparing our youth for the jobs

of tomorrow; creating a stable regional

economy through village economic development;

and investing in businesses to diversify

our revenue base.

DIVIDEND

This year, we are looking back, as well

as looking forward to see how far we have come. In 1977, NANA paid its first dividend. It was 50 cents per share

distributed to 4,700 shareholders. In the thirty three years since that

first distribution, our shareholder base has grown by almost three times to more than 12,500 shareholders. We’ve had to grow our company to meet that expanding shareholder base, and we have been able to do that with some success.

In 2010, NANA’s board declared $14 per share dividend for a total distribution of $20.5 million. Since we were formed, NANA has paid $135 million in dividends.

ELDERS SETTLEMENT TRUST

We know we cannot build for tomorrow without learning from our past. Our Elders are our teachers and guides. One way we honor them is through contributions to the NANA Elders’ Settlement Trust. The Trustees approved a distribution of $2,000 per Elder which was sent out last month. 618 Elders received a dividend from the Trust, for a total distribution of approximately $1.2 million.

AQQALUK TRUST

Our Elders have taught us that we must work hard to prepare future generations of NANA shareholders for the modern workplace. It is essential that we help educate tomorrow’s leaders

– they will inherit our corporation. They must learn the skills they will need to protect our lands and way of life.

To help them gain those skills, NANA contributes annually to the Robert Aqqaluk Newlin, Sr., Memorial Trust. It is working to grow its education endowment fund with the long-term vision of being able to fully fund each shareholder’s education or training.

We are making progress toward this goal. This year, NANA contributed $4 million to the Aqqaluk Trust, of which $2 million went to the education endowment fund.

In addition to NANA’s contribution, many NANA partners, employees, and former shareholder recipients also contribute to this important non-profit organization. I want to thank them for their generosity.

This past year, we were honored by Dr. Robert Lathrop’s generous contribution to NANA students studying for a dental profession. Perhaps many of you remember Dr. Lathrop delivered services to our people for many, many years.

Through our contributions and the contributions of others, the Aqqaluk Trust awarded $803,920 in scholarships this year to more than 275 shareholders.

Our investment is paying off. Many young shareholders are getting their education and are working at NANA and elsewhere to help lead us into tomorrow.

VILLAGE ECONOMIC DEVELOPMENT

As we work to educate and create employment opportunities for our shareholders, we also look to build up our entire regional economy by strengthening our villages. NANA’s Village Economic Development Committee oversees these efforts and works with NANA’s Government Relations and Village Economic Development department to help create sustainable communities in our region.

BUILDING FOR THE FUTURE

We are thankful for the success we have achieved this past year, but, we must keep our eyes on tomorrow.

This year, we opened the Aqqaluk Deposit at the Red Dog Mine. It will give us about 20 more years of mine life. This may seem like a long time, but we must not forget that time passes quickly. We must look for new ways to responsibly develop our lands and build-up our companies so that the shareholders of tomorrow will enjoy a better economic base than we enjoy today.

Now, it is our job to make decisions that will benefit the people of tomorrow. As we move forward, we will continue to look for ways to successfully manage our subsistence resources, enrich our culture and preserve our language for future generations of NANA shareholders.

Before I close, I would like to thank you all for your thoughts and prayers over the past year. Please continue to pray for us.

We appreciate all your support. —Taikuu.

DON SHELDONNRC Chairman

NANA REGIONAL CORPORATION

CHAIRMAN’S REPORT

OFFICER REPORTSANNUAL MEETING

3HUNTER

Aarigaa taikuu paġlagipsi! Welcome. Let me take a moment to thank NANA

Management Services, one of our own NANA companies, for providing the food for our employees this week, and preparing the feast that we all will enjoy later today.

A GROWING NANA COMPANY

As many of you know, NANA Management Services was one of the first NANA subsidiary companies established. Back then it was NANA Commercial Catering and provided camp services to support the Trans Alaska Pipeline construction in the 1970s.

Today, they provide food services at the Maniilaq’s Health Center in Kotzebue, employing people in region and are reaching out for more contracts in the future.

The growth and expansion of NANA Management Services and all of NANA as a whole during the last 30 years is truly remarkable. Today, we are a company with global reach, but we have not forgotten where our home truly is, or who we serve. We are a company that is focused on our region and the NANA shareholders.

A CONNECTED PEOPLE

As I prepared for today’s meeting, I thought about our region’s rivers. They connect us. No matter the time of year, our family, friends and neighbors are just a boat or snowmachine ride away.

We are a people that are connected. Our past reaches out to our present the way our rivers stretch to touch all of our villages. Like a river, there is flow. There is continuity. There is a special sense of belonging and we are one as a people.

Like our rivers, we are not stagnant, but we change and move to something larger than ourselves. We understand that we are part of a whole, and that we are always working for the greater good. That is one of our greatest strengths. It is the reason we make decisions that will benefit future generations. It is why we can set aside our differences and work together to make a brighter and more hopeful future.

We are blessed to have been taught by our Elders that working together, cooperating to achieve our goals, we have a greater chance of survival. We do this instinctively on almost every issue. Our commitment

to cooperation is what makes our region stand out in the state, in the nation and even globally.

We may not always agree; we may not always see eye-to-eye; but, we will always work together because this is instilled in us. It is the way of our people. This is significant, and NANA is proud to be part of a team that is making real progress in achieving regional goals.

NWALT

The Northwest Arctic Leadership Team, or NWALT, is a regional advocacy organization comprised of Maniilaq Association, the Northwest Arctic Borough, the Northwest Arctic Borough School District and NANA Regional Corporation.

We partner with local organizations to support projects that benefit our shared communities. We concentrate on five critical focus areas. Each of these focus areas overlap and each affects the other. The challenges we face cannot be solved independently, and we must look

at holistic solutions. We also recognize that when we come together with one voice supporting projects for the region, we send strong and convincing messages to those we are educating about our people and the land. It is especially important in these challenging times. That is what we are doing with NWALT and this collaboration continues to be very effective.

COOPERATION IS AN INUIT VALUE

We not only foster cooperation in our region, we are fostering partnerships with other indigenous peoples throughout the world. We are not alone in the challenges we face as Iñupiat. Indigenous people around the globe have similar issues and concerns. But, by working together, by connecting our communities, we can share solutions and help each other overcome these obstacles. Our model of cooperation

has proven to be an effective tool which has sparked the interest of other regions and countries that are working to improve the quality of life for their people.

As Iñupiat and indigenous people, we have a unique connection to our land – this connection is important, not just for us, but for the global community as well. I am happy to say that this year; the United States endorsed the United Nations Declaration on the Rights of Indigenous Peoples.

The Inuit Circumpolar Council (ICC) delegation played a key role in the discussions and negotiations that led to the adoption of the declaration. Now, all four nations with Inuit populations are on record supporting and celebrating the UN declaration. That is a big step forward and it took almost 25 years to achieve.

From the 11th ICC General Assembly in Nuuk, Greenland, to the cultural and business exchange we held with our friends from Bolivia. From meetings with aboriginal peoples in

Australia, to discussing mining with our friends in the Yukon, NANA worked to strengthen our common ties as First Peoples in 2010 and we will continue to do so in the future.

THE BUILDING BLOCKS OF CHANGE

Partnerships and adequate financial resources, public and private, are essential to building viable and

sustainable communities. NANA is blessed to have the capital and the expertise to contribute to this process – to be a part of our regional solutions and help move forward objectives that benefit our people.

Along with the many NANA family of businesses, the Red Dog Mine, in many ways, provides the financial foundation from which we can address some of our most challenging regional issues.

In addition to providing for ourselves, NANA has made significant 7(i) payments to other Alaska Native Corporations (ANCs) and has strategically reinvested in our businesses and communities so we can create a sustainable financial future for our shareholders.

Thirty years ago, our region was at a decision point. We could choose the road of responsible development, or we could choose to do nothing. We are very fortunate that the NANA region came together and, once again,

came to the

NANA REGIONAL CORPORATION

PRESIDENT/CEO’s REPORT

MARIE GREENENRC President/CEO

“We are a people that are connected. Our past reaches out to our present the way our rivers stretch to touch all of our villages. Like a river, there is flow. There is continuity. There is a special sense of belonging and we are one as a people.”

4 HUNTER

NANA REGIONAL CORPORATION

PRESIDENT/CEO’s REPORT

conclusion that development at Red Dog Mine had tremendous potential to benefit generations of NANA shareholders. The leaders at the time also knew that development could be done in a way that was in concert with our values and connection to the land.

Today, more than 58 percent of the mine’s employees are shareholders. But, we have benefitted from Red Dog in other ways, too. It has proven to be an economic tool that has allowed NANA to become an effective voice for our shareholders on social, political, educational and economic fronts while improving the quality of our lives.

NANA goes through a very diligent process when selecting potential partners. We select partners that are committed to our region and practice the same values. Teck is one such partner and we worked hard with our Teck counterparts in 2010 to open the Aqqaluk Deposit.

I would like to acknowledge both teams for their long and tireless efforts in this regard. Because of NANA and Teck employees, the support of our tribal and municipal governments and all the villages, more shareholders and Alaskans will know the benefits that flow from Red Dog.

The Aqqaluk Deposit was opened on May 20, 2010, and with its opening we can look forward to another 20 years of responsible resource development.

But, we cannot be content with 20 years alone. After all, what will happen when Red Dog Mine eventually closes down? I know that we want to leave our children and grandchildren with a regional economy that works, so they can stay in northwest Alaska, find good jobs and raise their families.

We all know that resource development projects can take16 years, or more, to go from exploration to development. That is why it is very important we get started and find

a responsible project that will take Red Dog’s place, so we’ll be ready when Red Dog Mine runs out of ore. NANA is always on the lookout for the next viable project, one of which is the Ambler Mining District.

THE AMBLER MINING DISTRICT

The Ambler Mining District contains deposits that are made of mostly copper, zinc and lead.

Throughout 2010, NANA’s Natural Resources and Land & Regional Affairs departments, worked to find responsible ways to potentially develop these deposits and to present that information to the villages. At the January 2011 board meeting in Kotzebue, NANA’s board of directors approved a resolution to partner with NovaGold Resources, on mineral exploration and development opportunities at Arctic Deposit and Bornite.

Plans are currently in development for summertime work at the Arctic Deposit and Bornite with a support camp at Dahl Creek and Bornite. These camps present potential employment opportunities for NANA shareholders and will broaden our knowledge about the subsurface mineralization of this area.

NANA’S RESPONSIBILITY

At no time will resource development projects take place without consulting our villages. The Upper Kobuk project, like all potential development projects, requires regional cooperation. We know that any project we enter into must be consistent with the perspective that subsistence is our highest priority and best use of our lands. NANA’s role is to help provide balance.

When we approach resource development, we are doing so from a

pro-active standpoint. We are looking to strike that delicate balance and to ensure that our people receive direct and meaningful benefits from development we allow on our lands. We provide critical oversight to ensure that our environment is protected so future shareholders can live off the land and waters as our ancestors have done and as we do today.

VILLAGE ECONOMIC DEVELOPMENT

As we continue to seek viable resource development projects, we also must continue our work to build sustainable village economies. As we have reported to you in many village meetings, the Hunter, at NANA.com and at our Informal Shareholder meetings, we’ve been working across all NANA departments to find ways to ease the energy burden in our region, and we have continued our commitment to finding alternative sources of energy to create reliable and affordable options for residents.

Whether we grant funds for new energy or development projects, or construct multi-purpose

community buildings in each village, we are working to create jobs that will help the local economy.

PREPARING FOR TOMORROW

We strive to achieve this goal every day within our corporation. But, it will take more than just our efforts to get us there. We need qualified people to take on these positions when they become available. While being a shareholder, in many respects, is a birthright, being an employee is a privilege that must be earned and maintained by hard work, commitment and dedication.

Today, we’re reporting to you about how we are preparing for the future. My question now, to the young NANA shareholders, is how are you preparing to meet it? Are you doing all you can to prepare yourself at school? Are you focused and unwavering in your determination to lead when it is your turn? Are you committed to taking

your place in the line of strong Iñupiat from which you come? Parents and caregivers, are you doing all you can to help the children in your life, in your village, build a foundation early in life to carry them into a hopeful future?

Please appreciate the time, commitment, dedication and sacrifices that have been made by so many before us and many more today, making sure that you will have this company as your legacy, that you will have opportunities to fulfill your aspirations and your dreams. But, you also have responsibilities to the generations that are making your path easier. Yes, we want you to have an easier life. We also need you to have the ability and the capacity to deal with the many challenges ahead, and to recognize opportunities when they present themselves.

You must educate yourself, not only in the ways of the Western world but in the ways of the Iñupiat. You must learn the Iñupiat Ilitqusiat and incorporate them into your life so you will be able to make decisions that are based on these values. You must ask yourself, “What have I done for my people? What have I done for those who will follow me?”

We know you are up to this task and we want you to know that we are all here to help you. If you have questions, need guidance or want to learn more about NANA, your culture or anything that interests you – ask – and we will do our best to guide you. Lord willing, I will live long enough to see you make the most of the opportunities you have been given.

You see, you are more than just our children and grandchildren. You are more than just students and athletes. You are the leaders of tomorrow, and you must never forget that the future we are working to build is yours. Please prepare yourselves to build on what you have today for the next generations to come. —Taikuu.

“We are not alone in the challenges we face as

Iñupiat. Indigenous people around the globe have similar issues and concerns. But, by

working together, by connecting our communities, we can share solutions and help each other overcome these obstacles.”

“Today, we’re reporting to you about how we are preparing for the future. My question now, to the young NANA shareholders, is how are you preparing to meet it?”

5HUNTER

NANA DEVELOPMENT CORPORATION

CHAIRMAN’S REPORTIt is good to see all of our friends and family once again. I am thankful that all of you

could make it here to Ambler, both for the yearly conference, and for our NANA Annual Meeting.

Before I get started I want to introduce the other NANA Development Corporation board members: Dood Lincoln from Kotzebue; Charlie Curtis from Kiana; Linda Lee from Shungnak; Allen Ticket from Selawik; Don Sheldon from Noorvik; Mary Sage from Kivalina; Henry Horner from Kobuk; and Joseph Luther from Noatak.

Remembering Lester Hadley, Sr.

Don mentioned that we lost our dear friend and colleague, Lester Hadley, Sr., this past June. This was hard for us all, especially for those of us on the business side of NANA. Lester had served on the business board for many years, and for the past several years was our NDC Vice Chairman. He was the one who taught us that word, “colleague.” Now, that is what we always call each other.

His leadership has already been spoken of by Don, but the part I want to bring out is the effect he had on the people that he worked with for many years, all across the business side of NANA. It did not matter if he showed up dressed in his tie and atikluk, or if he stood under a massive cargo jet with his trunks on, he always had an impact on those around him.

He put people at ease. It didn’t matter if they were Presidents, or the person cleaning the floors. He made sure they all knew they were equally important and were all part of the family of NANA.

We miss him, but, we remember what he always told us—we have got to keep going, and that is the message this afternoon for all of you that are involved in the business of NANA. The message you need to hear is that we need to keep going.

When we lost Lester, the board heard from a number of shareholders that NANA better take care of him like he took care of us. Many of you may not realize it, but to be a NDC Board member is a full time job. Lester and the other Board members, and their families sacrifice, so NANA can do well. We thank the board

members and their families for that.I want to thank the board members.

Many times when it is the season to go out to hunt and gather, they always have to leave to go to a board meeting. I am always happy for their commitment.

NANA Growth in 2010

In 2010, it was another busy year for NANA businesses. Our goal as a company is to keep growing so we can provide for our shareholders, both today, and long into the future. We have set goals for our company and are making good progress, increasing both revenues and business income.

These past two years, our country and Alaska have faced a serious economic recession. But fortunately, our strategy of investing in companies that serve many different business sectors has helped us during these difficult times. Our government contracting companies continue to grow and we become stronger and better with every contract.

As we look to the future, we know we also have to identify new businesses in new locations for NANA companies to work. In 2010 and in the beginning of 2011, this has been a major focus of ours.

In some cases, we are being asked by our customers to move into new markets. Marie mentioned that there are business opportunities for NANA to work with other indigenous people. The aborigines in Australia have asked us to work with them in serving the oil and mining industry that is booming in their country. We don’t yet know if there are firm contracts there, but we are exploring this. Moving into Australia could help us while the U.S. economy continues to be slow. The Australian people are just like us—when there are resources to be developed on their lands, they want to be involved, and they have asked us to do business with them.

New Opportunity

In other cases, we ourselves see new opportunities. We have been working hard to position NANA to deliver services in the Gulf of Mexico, working out of Louisiana and Texas. For more than 35 years, NANA companies have served the oil and mining industry in Alaska. But in the U.S., the big oil and gas market is in the Gulf states. We

know we can’t just pack-up and move there. So, we are working with industry experts to identify the best way forward.

We had hoped that by this meeting we would be able to announce our clear path into that market, but we are not quite there yet. Even so, we fully expect that in 2011 NANA will be firmly positioned in the Gulf.

Our goal is to continue to deliver excellent services here in Alaska, while also delivering those same services and others to the much larger lower 48 market. We are building off of the strengths of our past, bringing on new expertise, and are looking forward to new income and employment opportunities as NANA continues to expand our businesses and where we do business.

We are now part of the new, exciting film industry that is developing in Alaska. We are partners in Evergreen Films, a new company that produces 3D movies. Evergreen is working on a huge film project that should be done in 2012 about dinosaurs. We know it will be a big hit!

We have also started a new company called, “Piksik”. This company will look for ways to bring other NANA businesses in to support the film industry as it continues to grow. The more NANA is involved, the more opportunities there are, both to make money, and to employ our people.

When we consider these investments, we look at numbers to see what our financial returns will be. We expect large earnings from these new companies.

Last year, during the annual meeting, I made a statement that NANA

would become a $2 billion to $3 billion corporation in 2 or 3 years. It has only been one year since I made that statement, and I want to tell you that we are on the verge of becoming a $2 billion company.

Each year as we get ready for the annual meeting we ask ourselves, “What are the important things we should be telling our people about their company”?

This year, I want to tell you, our future as a business is exciting! We are working hard, and we are growing. We are continuing to do good work here in Alaska, and all over the world. As a business board we are not afraid to push our limits. This is what our ancestors did to provide for their families; they went out beyond their boundaries to hunt and fish, and sometimes had to go farther away from home if that is where there was game.

It is the same way in business. We are going out into the world, looking for new opportunities, investing in new lines of work, all for one reason—to make NANA a stronger company so it will be here both for today and for tomorrow.

We appreciate the encouraging words we hear from you all.

We thank you for your prayers as our people travel. We are thankful for the commitment of our board members and staff. It continues

to be an honor and privilege to serve our shareholders.

—Taikuu.

LUKE SAMPSONNDC Chairman

6 HUNTER

NANA DEVELOPMENT CORPORATION

PRESIDENT’S REPORT

It is good to be back in Ambler this year. I am going to give you a report on how

our company has done financially this year, and share some of our business highlights for 2010.

Review

As Don and Luke both mentioned earlier, despite the worldwide recession, NANA’s revenues and income continued to grow in 2010. We increased revenues by $338 million and we ended the year with just under $1.6 billion in revenues.

Our profits also grew in 2010. Our net income was $41.2 million, up quite a bit from last year’s $17.1 million. A large part of our increase was because of better zinc prices which gave us higher royalties from Red Dog. But, our business income also grew in 2010 and it was the combination of business income and royalties that delivered the higher profits.

Once again we need to look at our three main sources of income:

earnings from resources; earnings from our

investments in the stock market; and earnings from our businesses.

Resource Income

Our total resource income this year, after 7(i) payments to other regions were made, was $77.3 million. Resource income includes royalties paid from Red Dog, gravel sales, and 7(i) received from other ANCs. This is up from $24.7 million last year. The average price of zinc in 2010 was 97 cents per pound, compared to an average price of 63 cents last year. The higher zinc prices really helped us.

7(i) payments from other regions went down this year. This year we received $4.5 million in 7(i) payments from other regions, compared to the $8 million we received last year.

Once again we were able to make a large 7(j) payment to KIC, Kotzebue’s Village Corporation. This year KIC received $1.3 million in 7(j) payments.

Investments

Because the U.S. economy continued to struggle, the financial markets remained unstable. We actually had a slight loss from our investments in the Stock and Bond markets. In 2009, our Investment Portfolio earned $2.3 million, but in 2010, our portfolio lost

$400,000. We had expected a tough year in the stock market, and in

fact, that is what we experienced. As we have moved into

2011 there has been some improvement, but we still are not expecting very much in portfolio earnings this year. The recent problems in Libya cause investors to be nervous. This impacts the investment markets

and impacts our Investment Portfolio performance.

Some of our businesses continued to struggle this year

with the down economy, but overall we once again saw growth

in business income. We reached a new high with business income

at $44 million in 2010, up from $42.9 million in 2009.

• Here (Figure 1) is our chart that shows our major sources of income,

dating back to 2001. You can see the big difference in royalties we had this year compared to last year, with higher zinc prices. The blue band, our resource income, is much bigger this year.

• You can also see that the green part is much smaller this year. That is the 7(i) payments from other regions, and, there is no orange on the chart for 2010. Orange represents our Investment Portfolio income—remember, we had a loss in our stock market investments this year.

• But once again, the yellow band, which shows our business income, grew—and this is what we are working hard to do every year.

• Although we had a good year in our businesses, we also faced challenges and expect more challenges in the future. This chart shows the profitability in each of our 4 major business groups.

Contract Services

Luke mentioned that our contract services companies, the ones that contract with the federal government, continued to grow. That is true, and together, our 26 companies in this group contributed most of our total business income in 2010. We started investing in these companies in 1996 and over time they have really helped us grow our company and our income. But, we are facing rough days ahead.

In the last few years there are many in Congress who have been working to change the contracting rules. We do not expect to be able to maintain the same level of growth that we have had these past few years in these companies, but, because we have been in this business for so long now, we know these companies will continue to be successful.

We have grown to a size where we

can operate more efficiently, reducing our costs. We are focusing on this and expect to earn even larger profits from this business segment in the future, even while the program is changing. We know we have incredible management teams in these companies and their expertise will bring us continued success in the future.

Professional Management Services

There was a slowdown in work for many of our companies based in Alaska this year. Our professional and management services group of companies really had a tough time. The companies in this group include our engineering companies and NANA Management Services.

This business sector is the one that has been hit the hardest during the economic crisis our country has faced. While some companies in this group were profitable, others were not. Together, as a group, this business sector lost $1.9 million this year. As we look forward, we see brighter days ahead, but still there will be challenges. The economy is beginning to improve, but slowly, mostly in the lower 48. This will help us.

Our oilfield and mining support companies were profitable, but, they did not make as much as they did last year. The companies in this group mostly include those that serve Red Dog and those that do work up on the North Slope. These are outstanding companies, with great people working for them, but our business is being impacted by less spending, lower prices being paid for the services we offer, and great uncertainty in Alaska caused by the State of Alaska’s current tax laws.

The State of Alaska’s taxes and the federal government’s regulatory oversight of Alaska’s resource industries are not good for business investment. Many of our companies serve the oil industry. Until the state changes its tax structure, the oil industry will not spend the kind of money it has in the past to further develop Alaska’s oil fields. The industry will look to other places in the world to spend its money. So, our companies that serve the oil industry will continue to face tough times.

We are communicating with the state legislature that NANA believes the state needs to change its tax structure to encourage companies to invest

HELVI SANDVIKNDC President

Figure 1

7HUNTER

in our State. If the companies we serve are discouraged from investing in Alaska that means less work for our businesses and our people.

Hotels

Our hotels did ok this past year—not as well as last year, but, still they contributed to our overall profits. Of course for our region, the big project is the construction of the new Nullaġvik Hotel. This is a huge investment for our company; more than $40 million in cash. But, as we all know, this new hotel is badly needed to serve our Region. It will have 78 rooms, a full-service restaurant and meeting room. The project is doing well, and we are still targeting this fall for our grand opening.

Each year, we also keep track of the costs of running our company. As we grow, it costs more to run our company.

This chart (Figure 2) shows what it costs to run both NANA

Regional Corporation and NANA Development Corporation. We also keep track of value of support services delivered by NDC administrative units to NRC and our businesses.

Administration

Our total administrative costs have increased from last year because our business has grown and the services delivered to our shareholders have also grown. We still are operating very efficiently with our costs being 2.6 percent of revenue, which is a little lower than it was last year. Still, we continue to focus on running our company more efficiently, while also keeping the proper oversight of our growing number of businesses and employees.

Shareholder Hire

On the employment side, the number of shareholders working for our company increased this year from 1,115 to 1,315. This is good growth. We had 200 more shareholders who received a paycheck working for our company in 2010, compared to 2009.

Wages paid to our shareholders also increased to a little over $47 million in 2010. This is up from the $44 million in wages that was paid last year.

Earlier, Marie delivered an important message. We need our young people to get ready for not only the leadership roles of the future, but also for the work that is being delivered by our companies. We have tremendous opportunities and NANA for many years has been working to help our shareholders get their education through scholarship contributions, training programs, and our creative and exciting shareholder development programs. This past year, we had 29 shareholders serving as interns working all across our company.

2011 and Beyond

Our fiscal year ends at the end of September, so we are already well into 2011. Through the end of our first quarter, we are off to a good start in each of our business groups. We have set aggressive goals, but we do know that it will be a tough year still for some of our companies, because the economy has not turned around yet. We aren’t discouraged though—we have to keep pushing forward!

As a board and management team, our strategies of the past remain the same:

• We are driving our companies to continue to increase profits earned by each business.

• We are performing health checks across our company to identify areas where we need to focus to run more efficiently.

• We will continue to consolidate operations to reduce costs, and to adjust our businesses to the economy and changing rules.

• We will sell or close companies that are not performing as they should be.

• We will continue to focus on creating new employment

NANA DEVELOPMENT CORPORATION

PRESIDENT’S REPORTopportunities for our people and to look for creative ways to attract our shareholders to the jobs in our companies that are located outside of Alaska.

• The past few years we have been able to send groups of shareholders down to Louisiana and Wyoming to work with Turner Industries on some short term refinery turn around projects.

• We are working on another project like this, and expect that we once again will be able to send 70 people down to work on a short project next October, giving them a chance to make some money, and to gain further work experience.

• At Red Dog, our companies are delivering important services to support the mine. We have restructured our drilling focus and formed a new company, Tuuq Drilling. Right now we are recruiting in the Region and elsewhere for shareholders to meet our drilling workforce needs.

Luke told you that we see opportunities for NANA companies in Australia—in fact, we already are doing work there with Evergreen. Our company, WHPacific is supporting the Evergreen Dinosaur film project with their special survey technology. WHPacific and Evergreen staff were in Australia this winter working with a specialty firm that is based there. We expect a greater NANA presence in Australia in the coming year as we bring our very experienced companies to that market.

For the past several years we have moved steadily into the lower 48 with our government contracting companies, our engineering companies, and NMS. But, as Luke said, we have been working on other opportunities to make us stronger for the future. We look forward to the exciting times ahead of us.

We remain focused on growing our company to be a $10 billion revenue company. During last year’s annual meeting I told you that our goal for 2010 was to earn $40 million in net income. You can see that we passed that goal. For next year, we have set the goal one notch higher.

Our goal for 2011 is to earn $50 million in net income. By working

together, keeping our focus, and being committed to our success, we will reach our goals.

-Thank you.

NANA shareholders and employees, Eva Sheldon and Ted Mala, Jr., shared a laugh as they helped serve shareholders food at the feast.

Everyone enjoyed delicious food from NMS after the meeting.

Ginger Douglas, Thomas Jackson, and Tami Kru-koff served food to shareholders at the feast.

Tommy Woods of Shungnak was one of three mushers who raced before the meeting.

Figure 2

8 HUNTER

AWARDS

EFFIE HADLEY won the 2011 NANA Elder of

the Year. The Elder of the Year is a respected Elder who models and practices the Iñupiat Ilitqusiat, stays active in teaching the Iñupiaq language and culture and demonstrates leadership among NANA shareholders. The winner is chosen by the Regional Elders Council. Effie’s Iñupiaq name is Ayauniq. Since 1972, Ayauniq worked in the NANA region serving as a bilingual teacher, sharing the Iñupiaq language with her students. She retired in 2007, but she still teaches the Iñupiaq Ilitqusiat and shares her love of language with her children and others in her village.

ERIC FOX won the 2011 NANA Shareholder of the Year. The award is given to a

shareholder who shows leadership within the community and the NANA region, and helps preserve Iñupiaq culture and heritage, all while taking care of family.

Eric’s Iñupiaq name is Ivalu. He started working for NANA as an intern, becoming a full-time employee in 2004. He currently works for NMS and is vice president of Operations, Camp Services Division, providing strategic direction and oversight of all remote camp operations for the oil, gas, and mining industries. Ivalu has proven that with hard work, dedication, a willingness to learn, and diligence, a shareholder can reach the height of success on the corporate ladder. He wholeheartedly supports shareholder hire and training and was instrumental in securing a charter from Kotzebue to the North Slope for shareholders who work there. He sets a good example for young shareholders who want to excel in business, and he supports the promotion of shareholder employees. He also helps educate his colleagues on our Iñupiat culture and heritage.

ELDER OF THE YEAR SHAREHOLDER OF THE YEAR

AWARDSSHAREHOLDER

JIM KULAS won the 2011 Richard A. Baenen Award. The award is

presented to a non-shareholder who shows an untiring commitment to the Iñupiat of northwest Alaska.

Jim began working at Red Dog Mine in 1988 as a geologist and is retiring this year. In his role as Environmental Superintendent, he worked tirelessly to ensure that the environment at, and around, the mine-site remained protected. Jim also worked diligently with the NANA Subsistence Committee to protect our food sources. He cares about the Iñupiat and our region and has demonstrated that caring on countless occasions. He was instrumental in the permitting and opening of the Aqqaluk Deposit in 2010, ensuring that the mine, and the benefits the mine brings to the NANA region and Alaska, will continue for another 20 years.

ABRAHAM FARRAG grandson of Ralph and Emma

Ramoth, won the 2011 Youth of the Year Award. Abraham’s Iñupaiq name is Ayyataŋaq. He was born in Anchorage and currently attends Chantilly High in Chantilly, Virginia. He is half Iñupiaq and Egyptian-American and is fluent in English, semi-fluent in Arabic, and is currently studying French and Iñupiaq.

Ayyataŋaq was selected because he represents his relatives and the people of northwest Alaska well. He symbolizes the modern-day Hunter in that he not only survives, but succeeds, in a challenging environment; displaying the qualities of courage, confidence, humility, respect, integrity, and sharing which embody our Iñupiat Ilitqusiat values. He lives a healthy lifestyle, is an athlete, succeeds academically and was selected to participate in a college partnership program for minorities.

Ayyataŋaq’s volunteer activities include collecting food for a homeless shelter and doing neighborhood clean-up. He has taken lessons in swimming, skiing, and Taekwondo, and was a medalist in the USAT Junior Olympics, and placed second in the Alexandria World Taekwondo Championship, in Alexandria, Egypt.

RICHARD A. BAENEN AWARD YOUTH OF THE YEAR AWARD

9HUNTER

COMMENTS

Chuck Schaeffer – Kotzebue: Chuck spoke representing dog mushers and the Kobuk 440 Racing Association. He thanked the NANA board of directors for donating $25,000 toward the 2011 Kobuk 440 race and expressed his hope that the donation will be an annual one. He also acknowledged Teck for donating $5,000 and NovaGold for their “Lead Dog” sponsorship. Chuck stated that dog mushing is an important part of Iñupiat heritage and he would like to teach it to the young people.

Gary Hadley – Buckland: Gary stated that NANA has a hotel and it would be good if the company also owned a store to compete with AC.

Willie Goodwin, Jr.– Kotzebue: Willie began by speaking in Iñupiaq. He thanked everyone for their prayers, for his wife Ruth, and asked that people continue to pray for her. She will be returning to work.

Loretta Mendenhall Ticket-Ambler: Loretta stated that it took a long time to get help for a problem with her ears. She said she was given medication from the Alaska Native Medical Center and called the pharmacy to ask how to use it. They said they did not know. She also stated she spent the past year trying to get an appointment for her heart and wrote two or three letters, but, was turned down. She said the nurse director at Maniilaq diagnosed her over the phone. She was told that she should receive medical monies from the IRA, but she said the IRA only helps for dental. She asked if NANA could have a joint board of directors meeting to help with Maniilaq.

Chairman Don Sheldon assured her NANA would continue to partner with Maniilaq on our region’s health issues.

Eunice Hadley – Buckland: Eunice spoke on behalf of her two sons and the school in Montana that they are attending. She said they called the NANA office to invite board members to tour their facility and to see how they can help them. There are shareholders attending school there and there has been no action from NANA.

Calvin Moto – Deering: Calvin thanked the people of Ambler for hosting his stay in the village, for the meeting, and for all the food they prepared.

Charlie Nazuruk – Noorvik: Charlie thanked NANA and Teck for the job they gave him. He prays the corporation will grow. He said he has 13 children and 35 grandchildren and they all receive a NANA dividend. He stated that John Schaeffer and Robert Newlin said to wait and that someday the NANA dividend will get bigger, and it has.

Cana Crosby: Cana thanked NANA for the support given to her parents, Caleb and Gladys Pungowiyi. She thanked Jim Kulas for giving her husband Ben his first job as a geologist and said Ben is now a professor of geology at Idaho State University. She also thanked the Aqqaluk Trust and Noorvik IRA for funding her eduction. She graduated in 2006, and while in school she was taking care of two children and her husband in graduate school. She thanked the board, NANA staff and the Elders for being an example for young people.

Chairman Don Sheldon thanked Cana and said that everyone’s thoughts and prayers are with Caleb.

Rodney Ticket – Ambler: Rodney asked if NANA provided medical insurance. He said when he needed a medical visit he had to go to three entities: Medicare, Medicaid, and private insurance. He stated he would give up NANA shares to have insurance.

Russell Dimmick – Buckland: Russell read scripture from the bible and prayed.

Rosa Lee Custer – Shungnak: Rosa said

she went to Red Dog in 2006 for career awareness through the Northwest Arctic Borough. This past July, she was able to see the water filtration system at the mine. She asked if there was a way to work with the school board for job shadowing to learn about the water filtration system and plant.

Ted Smith – Kiana: Ted stated that he is interested in copyrights regarding Iñupiaq materials. He thinks NANA should look into copyrighting certain words because outsiders use Iñupiaq words for their own benefit. He said he is an inventor, a teacher and he makes gas can locks for snowmachines. He sent a company $450 but they wanted more money to try to patent this lock. He felt he ran into a road block and someone took advantage of him. He said there are many Iñupiat with wonderful ideas and NANA should look into patenting.

Laura “LoLo” Johnson-Ambler: Laura is originally from Kotzebue. She requested an

update on the gravel issue in Ambler. She said she and her family live in a two bedroom house and currently have 12 visitors staying with them. She said they need to build a new house but can’t because of the asbestos issue.

Walter Sampson: Walter is the vice president of Lands & Regional Affairs for NANA. He stated that there is naturally occurring asbestos at Dahl Creek and that NANA has been looking for a clean gravel source for many years. He said that NANA looked at 11 sites within a 10-mile area, and all have traces of natural asbestos. He said NANA and the State of Alaska are looking at a site seven miles north of Ambler and hope to bring a drill rig to that area this spring. NANA is working with Representative Reggie Joule and Senator Donnie Olson to see if they can get legislation to allow for a materials source from the existing pit with some percentage of natural asbestos. He said NANA is not giving up; that the company will continue to look for a gravel source.

Minnie Foster – Buckland: Minnie said she is proud to be a Native and proud of Native leaders. She thanked the NANA board for sacrificing their time. She is proud to be sober, free of alcohol, drugs and cigarettes and to to be a 200-share NANA shareholder. She told the board they are good role models and good decision makers. She

said that the board is being directed by God. She said that she saw

a picture of herself and her son in the annual meeting presentation and she is so proud of that. Minnie encouraged the women to go out and and show children how to hunt.

COMMENTSSHAREHOLDER

Charlie Nazuruk spoke during the shareholder comments

10 HUNTER

COMMENTS

Wilbur Esenituk – Ambler:

Wilber wanted to report a concern he had regarding

in-region camps with Paa River Construction. He said workers at the camp come from outside of the region even though shareholders were promised jobs. He also said that education scholarships are limited to a couple thousand dollars. He stated his daughter is getting $2,000 and tried to ask for more. Wilber said in December, he started raising his grandchild and they are having a hard time with the adoption papers and medical because they don’t have insurance. He said next time NANA is working with contractors and they say they will hire shareholders, NANA should look into it.

Chairman Don Sheldon introduced an Aqqaluk Trust coordinator who was on-hand to answer education questions for Wilbur.

Isaac Douglas – Ambler: Isaac said he cannot speak English well so he spoke in Iñupiaq. Isaac spoke of the proposed road from Ambler to Anchorage and said he is in favor of the road. People were concerned of alcohol trafficking to the villages and drinking and driving is a concern. He said roads have stop signs, speed limits and patrols to watch the drivers. He reminded people that transportation and freight from Ambler to Anchorage are expensive. He said a road would help and asked the NANA board to thoroughly look at a road system that will benefit the region. He said we have to work together; that if we work together the company will run better. He said shareholders need to be informed of what is going on.

Hans Schaeffer – Kotzebue: Hans stated that he is the grandson of Tony and Mae Bernhardt and Leo and Helen Schaeffer. He personally wanted to thank the NANA Board, Aqqaluk Trust and Aqqaluk Board of Trustees for playing an important role in creating the Rosetta Stone Iñupiaq Language CDs. He also acknowledged and thanked the work of Ruthie Sampson, Linda Lee, Leland Barger and all those who worked hard to create the

Rosetta Stone program and make it happen. He said one of the Iñupiaq values is Knowledge of Language. He reminded shareholders that the Aqqaluk Trust has both the Coastal and Kobuk dialects language CDs and stated that they have distributed 811 CD ROMs to shareholders thus far.

Joanne Harris – Kotzebue: Joanne thanked everyone on behalf of Vera Sheldon for the search for Derek Sheldon. She thanked everyone in the NANA region for all their support and prayers.

Elmer Armstrong, Sr. – Kotzebue: Elmer thanked the NANA Board of Directors and staff. He said he received a $2,000 check from the Elders’ Settlement Trust. He said he used the dividend for grandchildren and children who don’t have income. He encouraged everyone to pray for NANA and our young people. He said the Lord will bless each and every one for helping Elders in the NANA Region.

Walter Scott: Walter is the son of Lydia and Mike Scott. He thanked NANA for hiring him as a shareholder to help with the annual meeting. He said he is a shareholder with a degree and studied Communications in college. Walter said it was very important to him to work for NANA and he thanked Shelly Wozniak, Rhoda Fox, Maija Lukin, and Dean Westlake for the opportunity to start his career. He said it is a pleasure and honor to reconnect with his roots and to be able to help.

Eugene Monroe – Noatak: Eugene said his Iñupiaq name is Killiqmaq, Napaaqtuġmi. He said he feels at home here living among the trees in Ambler the last few days. He thanked the people of Ambler for the good food and hospitality. He said if he had known he was staying at the mayor’s house, he would have cut meat, shoveled or chopped word for his wife.

Leland “George” Barger – Kotzebue: When he first went to grade school, Leland said the teacher asked the children their middle names. He said he didn’t have a middle name. He was waiting his turn and he started to panic. He looked around and saw a picture of George Washington. When the teacher

asked him his middle name, he said, “Leland George Barger,” and today it’s the name on his social security card. He said he had the privilege of praying for the NANA president and staff as they travelled to the meeting. Leland stated through the love of God, all things can be done; through the love of God, we can move forward and accomplish those things that seem impossible. He asked those present to pray for the NANA board and staff.

Dolly Smith – Kiana: Dolly acknowledged the Community Health Aides (CHP’s) and asked that they stand up. She asked the retired CHP’s to stand as well and thanked God for them.

Skeeter Jepson – Anchorage: Skeeter said she was born in Deering, lived in Kotzebue, and now resides in Anchorage. She read a poem entitled “Cousins” about the late Lester Hadley, Sr., and requested everyone read from Psalm 23 and Corinthians 1:13. Hannah Wood translated Skeeter’s poem. Skeeter acknowledged NANA and everyone associated with NANA for the assistance the company provided at Lester’s funeral, she then read a poem to NANA called “Nana’t-kut”.

Christopher Coffin and Sandra Griest showed her son where NANA company locations on a map during the Career Fair.

Aqqaluk Trust President, Charlie Curtis, presented Linda Lee with an award honoring her work on the Rosetta Stone Iñupiaq Language CDs.

More than 450 shareholders attended this year’s annual meeting

A happy Nita Johnson won a $600 door prize at the annual meeting.

A Willow Ptarmigan rested on a branch in Ambler, Alaska.

Ambler students: Anita Griepentrog; Collins Gray; Richard Sheldon, Jr.; Katherine Jones; Diana E. Cleveland; Kelsey Sheldon; Jessica Johnson; Olive Cleveland; John Ramoth, Jr.; Brennen Johnson.

Jack Johnson from Kiana rang the bell outside of the Friends Church in Ambler.

Cora Brown and her grandson.

Rose Horner and granddaughter.

Alex Sheldon, Sr. reported on the Regional Elders’ Council.

Mary Foster held the songbook for her husband, Tony, as he sang a welcome song.

11HUNTER

PHOTOS

Joe Cleveland showed a wolf skin to visitors.

Isaac Douglas, Jr., lis-tened to shareholder comments.

Wally Scott and Cana Crosby helped film the meeting.

Mayor Morgan Johnson of Ambler addressed the audience in Ambler.NANA employees Joanne Harris, Maureen Reich and Lydia Scott prepared traditional foods for the feast.

NMS, a NANA subsidiary, catered the annual meet-ing feast for the first time this year.

(l to r) Melvin Lee, Richard Sheldon, Sr. and Jonas Cleveland, Sr. participated in the footraces organized by Ivisaappaaġmiut Tribal Council.

Three dog teams participated in the sled dog races organized by IvisaappaaġmiutTribal Council.

Jadye Sheldon held her twins, Tommy and Scott, as their great-grandmother, Clara Lee, looks on.

Sam Jones, Jr. and Diana Melanie Cleveland took a break to play in the snow.

Skeeter Jepson of Anchorage shared two of her poems during the shareholder comments.

Morning Lights from Kivalina provided entertain-ment. (l to r) Galen Swan; Jack Koenig; Austin Swan,Sr.; Jerry Norton, Sr.; Andrew Koenig.

Ruth Cleveland and Nellie Griest shared a laugh during the break.

Ambler board members Nellie Sheldon and Gladys Jones helped begin the meeting.

PHOTOSEVENT

12 HUNTER

TAIKUU

NANA Regional Corporation, Inc. and its shareholders thank the following organizations, individuals and groups for making this year’s annual meeting in Ambler a success:

The Native Village of Ambler;The Ambler City Council;NANA Ambler board members, Gladys Jones and Nellie Sheldon;NANA Management Services (NMS);Eugene, Charlotte and Price Brower of Barrow;Teck Resources;The Northwest Arctic Borough School District;Ambler lead teacher, John Hersrud, staff and students;KOTZ Radio;OTZ Telephone;The Northwest Iñupiat Housing Authority (NIHA);SKW Construction, Inc.; The Lion’s Club;The Northwest Arctic Borough;The Northwest Arctic Borough School District;Sulianiich;Crowley;Wells Fargo;Bering Air;The Nullaġvik Hotel;NANA staff and companies.

Taikuu people of Ambler for your wonderful hospitality.

Aarigaa, Taikuu!

Door Prize WinnersDoor Prizes Present Proxy

$500 Johnson Black Paul Brown, Jr

$500 Edna Penn Josie Coppock

$500 Elizabeth Greist Minnie Agwiak-Booth

$500 Aaron Hensley, Jr. Hendy Ballot

$600 Nita Johnson Rena Brown

$800 Ella Williams Abram Hensley

$1000 Lucy Nelson Velma Foxglove

$1200 Elaine Tickett Josie Brower

$1400 Evelyn Woods Louis Eklund

$1600 Helena Jones Elsa Carrolle

$1800 Molly Brown Shauna Griffin

$2000 Laura Johnson Tricia Hallett

$2200 Maggie Mitchell John Henry Sr.

$2400 Irene Stalker Martha Ceja

2 Tickets Bering Air Carolyn Tickett Herbert Jones

2 Tickets Bering Air Emma Ramoth Jack Henry

2 Tickets Alaska Air Clara Ticket Dolly Arnold

2 Tickets Alaska Air Elsie Thomas Alan Conwell, Jr.Edited By:NANA Regional Corporation’s Communications Department

Calendar of EventsDate & Time Event Location

4/18/11 - 4/22/11 Shareholder Employment & Development All Villages4/21/11 @ 9 a.m. – 5 p.m. NRC Board Meeting Kotzebue, AK4/25/11-4/29/11 NMS Recruiting Trip All Villages4/28/11 – 4/29/11 2011 Business of Clean Energy Conference Dena’ina Convention Center, Anchorage, AK4/29/11 –5/1/11 NYO Dena’ina Convention Center, Anchorage, AK.

PRSRT STDU

.S. Postage

PAID

Anchorage, A

KPerm

it No. 444

P.O. Box 49

Kotzebue, Alaska 99752