Article: SIERRA CLUB FINANCIAL REPORT.

Pursuant to provisions of sections 6321 and 6322 of the California Corporations Code, the following information is furnished as an annual report:

The Club's financial statements for the fiscal years ended December 31, 1999, and December 31, 1998, together with the report of KPMG LLP, independent auditors, are available on request from Sierra Club headquarters at 85 Second Street, San Francisco, California 94105-3441.

The membership list of the Sierra Club is on file at the Club's headquarters at 85 Second Street, San Francisco, California 94105-3441.

There are no transactions to disclose that constitute a conflict of interest involving ...

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