Village Palos Verdes

Homeowners Association

December 18, 2008

Dear VPV Homeowners:

Due to the litigation initiated by a few of our neighbors, we are unfortunately unable to release much information regarding the status of the Exterior Renovation Project, or the litigation, at this time.  We understand that you have significant concerns and many questions.  We too have questions and are working to get them resolved in the best interest of the entire community.  As soon as any information is available, we will communicate that information to all homeowners.  We appreciate your patience and understanding in this regard and want to assure you that we continue to strive to protect our community in its entirety.

Sincerely,

The Village Palos Verdes

Board of Directors