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April 19, 2007

Mr. Tom Austerman
President & CEO
Evansville Commerce Bank
20 NW 4th Street
Evansville, IN 47708

Dear Tom,

P&I Supply is fortunate to have had significant growth opportunities over the past several years. In order to capitalize on these opportunities we found we wanted to forge a stronger relationship with a financial institution. We initiated such a relationship three years ago with a large bank based out of town. Although relatively satisfied, we did feel like just another account.

As the opportunities continued, we decided to investigate other banking options, and were particularly interested in exploring what a relationship might be like with a local bank like Evansville Commerce Bank.

I am pleased to say that our decision to move our business to ECB has been a very positive experience. There is no question that the relationship is more personal, flexible, and cost effective. We find your staff to be highly qualified, genuinely interested, and willing to customize services to meet our unique requirements. Your organization appears to have all of the resources of a larger institution, and actually executes and applies them more effectively.

We are totally satisfied with our relationship. We appreciate your personal interest and involvement, and the excellent support from your staff. It may be old fashioned, but as a small business owner, I particularly value the level of trust and the feeling that a handshake between us is as mutually important as any document. I believe that we have laid the foundation for a very successful long-term partnership.

We look forward to working with your team as we pursue future opportunities.

Yours Truly,

Bruce Stalflngs
President & CEO


812-421-4141 x117
800-356-1137
Fax: 812-4214133
E-mail: bstallings@pisupply.com

P.O. Box 4129
2220 Hwy 41 N
Evansville, IN 47724