April 7, 2005

Securities and Exchange Commission

Dear Securities and Exchange Commission,

I am writing to urge the Securities and Exchange Commission to act on its proposed rules on executive compensation disclosure.

As I understand them, the newly proposed rules will make it easier for shareholders and the public to learn exactly how much top executives are earning and why.

Sincerely,

Thomas Owens
2107 W. 230th Place
Torrance, California 90501