March 5, 2010

LETTER TO ALL SHAREHOLDERS,

Yesterday afternoon John Smith and Denis Tusar of PDHS, Don Gordon of the Canadian National Stock exchange and Ms. Sengsavang, the team securities lawyer, attended a meeting with senior management at the BC Securities Commission. The meeting was requested by me to discuss the ongoing series of delays and attempt to identify a reasonable time frame for finalization of the process.

The positive aspect is that there now exists a very detailed and thoroughly reviewed information document. There remains some minor clarifications which will be submitted next week and the completion of an updated audit of PDHS, which will be completed in 2 weeks.

The BCSC have assured us that there are no apparent impediments for their final approval and that they will apply their best efforts to quickly review the final submissions mentioned above. I will monitor this process closely and report progress to all with the expectation to provide reliable dates before the end of the month.

My apologies for the frustrating delays, but we are still on course.

Best regards,
Denis Tusar
President & CEO
Premier Diagnostic Health Services Inc.