Members of the Board, Officers, and Vice Directors: Attached are the minutes for the A&F Committee meeting held on January 15, 2009. We anticipate a challenging year but we know that management, staff and the A&F committee will act in a manner that will serve our members while maintaining the fiscal integrity of the ARRL. Please contact me if you have questions regarding this report or matters regarding A&F discussions in 2009. 73 Jim Fenstermaker K9JF Chairperson ARRL Administration and Finance Committee