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SATURDAY, SEPTEMBER 29, 2012

E D M O N T O N J O U R N A L edmontonjournal.com

Daryl A. Katz Chairman

September 29, 2012

To the People of Edmonton, Northern Alberta and Oilers Fans Everywhere, I owe you an explana%on. I was upset when certain conden%al informa%on was leaked and by comments that I thought were unfair and called my integrity into ques%on. I reacted by trying to send a message to City leaders that they should not take my support for a new arena for granted. In doing so, I took for granted your support and your love of the Oilers. That was wrong, and I apologize. The best I can say is that I did it because Im gh%ng for a deal that will enable the team to stay in Edmonton and not because I want them to be anywhere else. Thats why I bought the Oilers in the rst place. Because I want the NHL to be sustainable in Edmonton for the long-term, and because I saw the citys need for a new arena as an opportunity to transform our city for the be'er. In hindsight, I have underes%mated the degree to which it would be up to us to make the case for public funding. As I think you all know by now, public communica%ons is not in my nature. Chalk that up as a personal shortcoming. The simple fact is that the Oilers need Edmonton, and Edmonton needs the Oilers. Each is an integral part of the fabric and iden%ty of the other. We are con%nuing to work with City Administra%on to forge a win-win partnership that will benet our city and that we can all be proud of. I hope we can count on your support. Sincerely,

Daryl Katz

1702 Bell Tower, 10104 - 103 Avenue, Edmonton, AB Canada T5J 0H8 Tel: (780) 990-0505 Fax: (780) 425-6160

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