Investor Presentaiton

Native Corporations The Alaska Native Claims Settlement Act of 1971 (ANCSA) created both "regional" and "village" Native corporations. There is a regional Native corporation for each of twelve Alaska regions. Some of the regional Native corporations have become very large and profitable businesses with many subsidiaries in Alaska and other states. Some of the most financially successful Native corporations, such as Cook Inlet Regional Corporation (CIRI) and Arctic Slope Regional Corporation have paid large dividends to their shareholders. Others have not been as successful and have paid very small dividends. Even the most successful Native corporations have found it difficult to create jobs in rural Alaska. Cumulative Dividends Per Shareholder, Alaska Native Regional Corporations, 1971-2003* $40,431 $113,468 Arctic Slope $8,353 $8,319 $460 NANA Doyon Bering Straits Calista $49 $6,908 $9,895 Cook Inlet Ahtna $5,469 $10,682 Bristol Bay $11,564 Chugach Alaska Sealaska $1,249 Aleut Corporation Koniag CIRI Many of the regional corporations have large headquarters office buildings in Anchorage. corp 40 40

View entire presentation