Enclosed is the Report of the Chief Financial Officer for the 2009 Annual meeting of the Board. (Document #10)

Please let me know if you have any questions I can answer prior to the meeting.

73,

Barry J. Shelley, N1VXY

Chief Financial Officer

ARRL, Inc—The National Association for Amateur Radio

225 Main St.

Newington, CT 06111

Phone: (860) 594-0212