1st Quarter, 2014Volume 34, Issue 1

WHERE PEOPLE SHARE INFORMATION

Table of Contents

6 ASRC Annual Meeting June 21, 2014 at Point Hope

AEF Honor Roll5

2 ASRC Urging Alaskans to Vote No! On One.

7 Atqasuk Ilisaurri

3 High School State Basketball Photos

8 An Issue of Alignment

4 Ahyakak Wins Ultimate Survival Alaska

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14

AES Family Cultural Day

ASRC Federal Subsidiaries Win Space and Defense Contracts

Top of the World Hotel Wired for Business

Opportunities for Shareholder Students

ASRC Stock Assistance Portal

1 President's Message

1

Springtime on the North Slope is waking from its long Arctic slumber. We can witness it from the edge of the ice as the salt from the ocean mist travels with a light breeze; or through the warmth of the sun soothing our skin after a long winter as we travel to Chandler Lake to receive the bounty of the Arctic char; even so along the rivers as we wait for the chorus of the geese traveling north to help feed our families. Spring is upon us. This time of year also symbolizes the thread that binds our hunting traditions together, and that thread is unity.

At ASRC, unity is an important factor in our success as a company, and a feature we work hard to achieve with our employees, shareholders and in our region. While it is challenging to be unified on all issues all the time, there is a lot of value in working with our stakeholders to find issues of common interest to bring us together.

A prime example of unity can be found in the blossoming North Slope Leadership Roundtable, which includes our Native corporations and municipal and tribal governments. After two sets of extensive meetings, our region is coming together to determine a regional approach to resource development, subsistence, Arctic policy and the impacts of outside environmental organizations in our region. The results of the Roundtable include the adoption of guiding principles for off shore development: the delegates recognized the need for the future establishment of an Iñupiat Non-Governmental Organization (iNGO) to serve as an advocacy organization to guide policy, to speak with a unified voice for the Iñupiat and to provide a single source for research data. The Roundtable also revealed a desire to develop a port authority in response to the potential marine traffic and international focus on the Arctic. When we agree to set aside our differences for the benefit of our region, progress is made and meaningful initiatives are born for the benefit of our people.

Another success on which I am proud to report is the decision by the United States Supreme Court to deny the petition to hear the case Alaska v. Jewell, also known as the Katie John case. Real threats to Native subsistence rights caused the Native community to come together to stand with the Alaska Federation of Natives (AFN) in their fight to protect our subsistence hunting and fishing rights. What this means is the status quo of dual management of fish and game remains intact. AFN was fighting against further erosion of subsistence rights, so the petition denial is a victory for the Native community.

Finally, we all know that our region is dependent upon responsible oil and gas development. This type of development helps provide employment opportunities for our people and it funds our roads, playgrounds, schools, water and sewer systems, police and fire protection and other services provided in our villages. A threat to continued and responsible development on the North Slope is the upcoming Ballot Measure #1, which voters will see on the primary ballot on Aug. 19, 2014. Ballot Measure #1 aims to repeal the oil taxes passed by the Alaska Legislature in the previous legislative session. A repeal of those oil taxes would spiral Alaska back into an unstable tax regime that could potentially threaten new responsible development on the North Slope. We simply cannot afford to go backwards, and our region cannot afford further decline in development if we want to maintain our villages. In the spirit of unity, I ask that you stand with ASRC in opposition to Ballot Measure #1. Who would vote to negatively impact our region? The logical answer is No One. Let our region demonstrate leadership on this issue, stand united and vote No on One.

As you enjoy the lengthening hours of sunlight this month, remember that spring is a time of reflection, rejuvenation and preparation. As we reflect on how we can continue to unify our region, let this energy revitalize us into action as we prepare to receive the bounties of the land and sea. I wish our hunting and whaling families a safe and prosperous season filled with many blessings.

Taikuu,

Rex A. Rock Sr. President, CEO

President’s Message

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On Aug. 19, 2014 Alaska voters will be heading to the polls to decide on a long laundry-list of candidates vying for their place in the November general election. While we won’t know the final list of challengers and matchups in various House and Senate races (as well as a hotly-contested gubernatorial contest) until early June, other battle lines have already been drawn – in the form of four ballot measures. On primary election day, voters will be making decisions on raising the state’s minimum wage, legalizing the possession of marijuana and whether to give lawmakers the sole authority to stop mining projects in Bristol Bay. Also on the ballot, a veto referendum that could affect the future of natural resource development in Alaska: a measure, that if approved, would curb the progress we’re making on stemming the decline in oil production on the North Slope.

Senate Bill 21 (SB21), also known as the More Alaska Production Act, was signed into law by Gov. Sean Parnell in late May of last year and went into effect Jan. 1. Aimed at creating a more investment-friendly environment for oil producers, the tax-reform package raises the base production tax rate from 25 to 35 percent, connects incentives to increased production and eliminates the sliding increase in tax rates as the price of oil goes up. What does this mean? With the oil industry tax base paying for more than 90 percent of state government, it means a more stable economic future for Alaska, especially at lower oil prices.

It is working. Although SB21 has only been in place since the start of the New Year, it’s hardly gone unnoticed. North Slope producers have already pledged $5 billion in new projects, adding 64,000 barrels of new oil production by 2018. ConocoPhillips is bringing two more rigs to the North Slope, part of an effort that doubles the company’s investment in Alaska. British Petroleum plans to invest more than $3 billion in the state. Closer to home, ASRC Energy Services Inc. has seen a major boost in activity at its fabrication shop in Anchorage. The new work promises to slow the decline in production to 4 percent this year, and 2 percent in 2015 and 2016. Simply put, oil tax reform is producing jobs, investment and opportunity for our future.

But now, efforts are underway to undermine SB21’s promise. Ballot Measure 1 would bring back Alaska’s Clear and Equitable Share, or ACES – a tax structure that oversaw an oil production decline on the Slope of 6.6 percent a year. This threatens the Trans Alaska Pipeline System, or TAPS, future investment and even state revenue.

That’s why Arctic Slope Regional Corporation is leading the charge to fight against this referendum, and is being joined by other Alaska Native Corporations in this No One On One effort. Throughout the election season, look for television, radio and online ads urging voters, like yourself, to defeat Ballot Measure 1 at the polls. Because who – at a time when jobs are returning to the Slope, new oil is being produced and the future looks bright – would turn back now? No One. Vote No! On One.

ASRC Urging Alaskans to Vote No! On One.

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Tikigaq coaches Ramona and Rex Rock Sr. huddle with the Harpoonerettes during a timeout.

Barrow High School Whaler fan Roy Nageak Sr. shows a sign of support at the games.

Angel Telfair of the Barrow High School Lady Whalers takes a running jump shot as coach Jerry Lowery looks on from the sideline. The Lady Whalers placed third at this year’s state tournament.

Congratulations to the Barrow Lady Whalers for their third-place finish at the state tournament. Good job to the Alak Huskies and Tikigaq Harpoonerettes for qualifying for the state tournament.

2014 High School State Basketball Photos

Arctic Slope Regional Corporation (ASRC) applauds the Parnell administration for providing responsible policy with respect to in-state petroleum refiners. On March 31, the governor’s office proposed a package aimed at preserving the in-state petroleum refining industry.

“As proposed, this incentive package goes a long way toward stabilizing the aftershocks of the Flint Hills Resources closure announcement,” said Rex A. Rock Sr., ASRC president and CEO. “Just as ASRC has been a leader in oil-tax reform, we have also recognized the need to maintain a viable petroleum refining industry in Alaska.”

Doug Chapados, Petro Star Inc. (PSI) president and CEO, agrees. “The economic climate in the refining industry has hamstrung in-state facilities for years. As a subsidiary of Alaska’s largest locally owned and operated for-profit company, we must continuously evaluate the long-term viability of our investments. Governor Parnell’s proposal is providing a clear path forward by creating an environment conducive to investment rather than further contraction. This is a step in the right direction to sustain an industry vital to Alaska.”

About PSI

Petro Star Inc. has refineries in North Pole and

Valdez, and is the only Alaska-owned refining and

fuel marketing operation in the state. Through

its aviation, heating fuel, lubricants, marine,

refining and retail divisions, PSI is dedicated to

meeting the unique challenges of producing and

distributing fuel throughout the Last Frontier.

It is a wholly owned subsidiary of Arctic Slope

Regional Corporation, and serves residential,

military, marine, aviation and industrial customers.

ASRC Applauds Push for Stability In In-State Refining Industry

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Ahyakak Wins Ultimate Survival AlaskaShows Slice of Iñupiat Culture Along the Way

ASRC is congratulating one of its own board members for winning Season 2 of the reality show Ultimate Survival Alaska. Eddie Ahyakak spent more than 80 days in the Alaska backcountry as a member of "Team Endurance," being tested in a variety of outdoor challenges – from rock and ice climbing to whitewater kayaking. Other members on his team included Sean Burch, an extreme athlete from Virginia as well as fellow Alaskan and current Iditarod champion Dallas Seavey. Seavey also won the Iditarod in 2012.

“Keeping this a secret from my friends and family while the 10-week season aired was very difficult; there’s so much I’ve wanted to say,” said Ahyakak, who serves on the ASRC board of directors and is a refinery operator for Petro Star Inc., an ASRC subsidiary. “It was a huge honor to represent our people in a way that is consistent with our Iñupiaq values and to share some of our amazing culture with the world. I hope it inspires our young kids to work hard and to believe in themselves.”

The teams, which also included mountaineers, military and woodsmen went head to head, racing across the backcountry from Southeast Alaska to the Interior while living off the land. The show’s season finale had the remaining teams racing to the top of 4,100-foot Augustine Volcano in southwestern Cook Inlet. Season 2 of Ultimate Survival Alaska was shown in 60 countries around the world and was a ratings success. Plans are already in the works for Season 3. The season finale of the popular National Geographic Channel show aired in early March.

“It was a huge honor to represent our people in a way that is consistent with our Iñupiaq values and to share some of our amazing culture with the world. I hope it inspires our young kids to work hard and to believe in themselves.”

– Eddie Ahyakak

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Arctic Education Foundation would like to congratulate the following students on a job well done. The achievement of a 4.0 grade point average demonstrates a tremendous amount of hard work and dedication. Aarigaa! Our apologies if any names have been omitted.

Fall 2013 Perfect Term 4.0 grade point average students

Name School Major

Jerica Aamodt University of Alaska Fairbanks Bachelor of Arts - Alaska Native Studies

Stephanie Aguvluk Ilisagvik College Certificate - Accounting Technician II

Kelly Ahnangnatoguk Alaska Vocational Technical Center Certificate - Medical Admin. Assistant

Julie Albright University of Alaska Anchorage Bachelor of Science - Natural Science

Naa Amponsah Cleveland State University Pre-medical Post - Baccalaureate

TiaAnna Condon University of Alaska Fairbanks Bachelor of Arts - English

Deanna Crosby University of Alaska Anchorage Bachelor of Fine Arts

Shaylene Dublin University of Alaska Fairbanks Associate in Applied Science - Accounting

Tashina Duttle University of Alaska Fairbanks Bachelor of Science - Sustainable Resources

Erin Gingrich University of Alaska Fairbanks Bachelor of Fine Arts

Rebekah Gueco Alliant International University Doctorate of Clinical Psychology

Natale Hilaael-Badillo Cleveland State University Doctorate of Philosophy

David Kennedy University of Alaska Anchorage Associate of Arts - Occupational Safety

Robin Koogle Florida International University Master of Arts - School Counseling

Carol Murphrey University of Alaska Fairbanks Master of Arts - Rural Development

Noel O’Connor University of Alaska Anchorage Bachelor of Arts - Russian Language

Rex Okakok University of Alaska Anchorage Bachelor of Arts - Construction Management

Shannon Pruitt Pierce College Associate of Arts - Registered Nursing

Myrna Sarren Ilisagvik College Associate of Applied Science - Health

Inuuteq Stotts California State University Master of Arts - Applied Anthropology

Joshua Strutz University of Alaska Anchorage Bachelor of Science - Nursing

Betty Swan University of Alaska Fairbanks Master of Education - Counseling

Shannon Wallner University of Alaska Anchorage Master of Business Administration

Shawna Wedde Washington State University Doctorate - Veterinary Medicine

Stacey Wells Charter College Certificate - Accounting

AEF Honor Roll

Ana i Leadership Award The Anagi Leadership Award was created to acknowledge the leadership of Arctic Slope Regional Corporation’s former president, Jacob Anagi Adams. The Anagi Leadership Award covers tuition, fees, books and room and board, and shall be used for college or training expenses. One scholarship is awarded each year. Criteria and application instructions can be found at www.arcticed.com. Application Deadline is April 15, 2014.

Opportunities to give Arctic Education Foundation is eligible to receive donations through a PayPal link on the www.arcticed.com website. All donations to the foundation are tax deductible and are used towards tuition, books, supplies and room and board of eligible applicants. Consider making your donation today!

A charitable contributions program rooted with the Alaska Permanent Fund Dividend; www.pickclickgive.org provides a safe, secure and easy way to make a donation to the Arctic Education Foundation. Please encourage your friends and neighbors to make a contribution through www.pickclickgive.org. Arctic Education Foundation is listed as an approved organization to donate to. Although the application process is over for the 2014 PFD, consider donating for 2015. Quyanaqpak!

Training and Scholarship Deadlines Scholarships for college and vocational training are available! Programs that are less than 30 days long are considered short term training and do not have a deadline; however, the application needs to be submitted prior to the class start date.

• Fall deadline – Aug. 1 • Winter deadline – Dec. 1 • Spring deadline – March 1 • Summer deadline – May 1

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Article I of the bylaws of Arctic Slope Regional Corporation

states: “[t]he annual meeting of the shareholders shall be held

between the first day of May and the last day of July each

year, unless the Board sets some other time, for the purpose

of electing directors.” Therefore, let it be known that the

annual shareholders’ meeting of the Arctic Slope Regional

Corporation shall be held on June 21, 2014 at Tikigaq

School at 1:30 p.m. at Point Hope, Alaska. The ASRC annual

meeting will not be broadcast on public radio (KBRW 680AM).

Because ASRC is a private, shareholder-owned corporation,

information discussed during the annual meeting is for ASRC

shareholders only, and is not available to the general public.

We appreciate your patience and understanding regarding

this decision. If you have any questions related to your annual

meeting proxy materials, you can contact the ASRC Stock

department at 1-800-770-2772 or by email, stock@asrc.com.

ASRC will webcast this year's annual meeting. Look for future

updates on www.iaminupiaq.com.

2014 Village Travel Schedule

May 29 Atqasuk & Anaktuvuk Pass

May 30 Wainwright & Nuiqsut

June 2 Point Lay & Kaktovik

June 3 Barrow

June 12 Fairbanks, Westmark Hotel

June 13 Anchorage, Captain Cook Hotel

June 21 Point Hope – Annual Meeting

June 21, 2014 at Point HopeASRC Annual Meeting

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At the time of this interview Della was employed at the North Slope Borough School District; she currently is employed as an assistant deputy to the Mayor at the North Slope Borough.

This was Della Shugluk’s first year as the Meade River School’s Iñupiaq language instructor. She is excited about the job and the challenges that it brings. “I’m happy that I get to share and learn more about our language with the children and the people here,” she says.

Della was raised at Barrow and Atqasuk and has been living near the Meade River since the seventh grade. She is proud of the tight-knit village and says, “It’s the quietness and the love that the community has for one another, and it’s just very beautiful here.” Some of this beauty includes the food that the land and river provides for its residents. Della says it’s normal for those in Atqasuk to trade caribou, fish and berries for whale and seal meat from friends and family who live on the Arctic sea coast.

Della is also involved with other activities that aim to strengthen her hometown. She is a member of the city council, is president of the Native Village of Atqasuk, and sits on the North Slope Borough School District’s School Advisory Committee; she is also a member of the Atqasuk Dance Group. “What motivates me are

the younger kids, I want them to become positive role models for our community.”

A few years back, her uncle, Mike Shugluk, urged Della to become more involved with her community’s well-being, and for that she is thankful. She is also thankful to longtime Atqasuk resident and former ASRC board member Elizabeth Hollingsworth, who has mentored her along the way. Della realizes the priceless treasure of knowledge that the elders carry and also says, “Without them we wouldn’t know where we stand today.” It is with this understanding that Della firmly believes it is good for the young people to take responsibility and care of their elders and says, “I hope I can encourage the younger generation to follow my footsteps; it’s hard but with prayers and love you can do anything that you want to do.”

“Since I’ve started [working at the school] I’ve had kids call me Aana (great-aunt), Aaka I isaurri (grandmother teacher) and I am just like, overwhelmed [and flattered] from that.” Della should not be surprised by the students’ affection for her because it is easy to see the love that she has for her job and for the people of Atqasuk. “It opens up my heart, I have a lot of love for the kids and I try to keep in mind that every day that I go to work I am going to learn something new; and I hope that what we are teaching them will be with them forever.”

Della is the daughter of Nora Panigeo Rubio and the late Turbic Shugluk. Her grandparents are the late Peter and Daisy Shugluk, and the late May (Kingosak) and Wyman Panigeo Sr. She has been in a long relationship with Stanley Segevan and together they raised her father’s four children and also adopted two children whom they dearly love.

Atqasuk Ilisaurri Atqasuk resident Della Shugluk with Natasha Nayakik at the ASRC annual meeting in Wainwright last year.

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For generations, the Iñupiat community has proven itself to be resilient; we are people who have learned to adapt to the harsh, unforgiving conditions of the Arctic while maintaining the time-honored traditions and values of our heritage. We are as proud of our past as we are fiercely protective of our future. That’s why it is so troubling to find the deep divisions within our community being played out in such a public arena; we can appreciate and even welcome a lively debate and fully understand the pointed reactions that our differences can generate – but it is a conversation that must be based, must be centered on fact, not on a series of biased assumptions and heated emotion.

A recent letter to tribal members of the Arctic Slope, written by Richard Glenn, Arctic Slope Regional Corporation (ASRC) board member and executive vice president of Lands and Natural Resources, seems to have touched a nerve with those who have forgotten, or are at least choosing to ignore,

the vital significance of a robust oil and gas industry in Alaska. It is an industry that provides a tax base for the North Slope Borough (and consequently, a mechanism for life-saving services and the infrastructure it requires), delivers jobs for thousands across our region and creates economic stability for future generations. Without natural resource development, we are slamming the door on our own opportunity - opportunities we have been fighting for the last 44 years for our children.

Make no mistake – having a hand in hindering responsible development projects in the Arctic is no victory. Rather than protect the interests of our North Slope communities, it does exactly the opposite. A lawsuit, filed by a coalition of e-NGOs (environmental non-governmental organizations) as well the Native Village of Point Hope and Iñupiat Community of the Arctic Slope, or ICAS, to invalidate offshore oil and gas leases in the Chukchi Sea, is by no means the only example. Unfortunately, it is just the latest,

resulting in continual delays that push employment and other opportunities further into the future.

It is time to rally under one tent to discuss the role that future development in the Arctic can play in supporting and maintaining a healthy North Slope economy. When it comes to offshore (whether in the Beaufort or Chukchi), the simple truth is that this exploration, and eventually development, is happening with or without our involvement. Isn’t it better to address concerns with industry, to be part of the conversation rather than be used by those who want to lock up the Arctic at any cost? Recently, guiding principles were established when it comes to transporting oil and gas from undersea production wells. These guidelines were adopted unanimously by the leadership of the North Slope; this includes local tribal councils, city municipalities, ANCSA village corporations as well as the regional entities of ASRC, the North Slope Borough and ICAS.

of AlignmentAn Issue

Jacob Adams Sr. and Oliver Leavitt

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This is an example of how to come together as a region and Iñupiat to work through issues that are important to us today and in the future. Even Wainwright residents, after careful consideration and with their eyes wide open, voted overwhelmingly in support of offshore development. Why then are the voices of the e-NGOs and their supporters (to include ICAS) the loudest in the room? They are entitled to their opinions, but do not speak for the entire Iñupiat community and need to be reminded their actions are hurting the very region they allege to represent.

We should add – pointing out that ASRC has a corporate agenda is not an insult. As leaders who have served on the company’s board and in executive positions since incorporation, we can proudly say the corporation’s strategic vision has always been carefully developed through the eyes of its shareholders. Using Iñupiat values as a guide,

ASRC will continue to align itself with individuals, companies and industries that share and can partner in not only our financial goals, but also those surrounding shareholder and employee growth as well as village and community economic development. ASRC does not and should not support those who take an active role in diminishing the company’s operational opportunities, who choose to align themselves with the opposition.

We may have a difference of opinion, but believe there is much to agree on. Let’s not forget, we have come together in the past to fight issues that negatively affect our communities - such as battling the polar bear critical habitat. We fought against the same e-NGOs that are now fighting to pull us apart.

Like those before us, we want what is best for our children, their children and their children’s children – a future with the promise of economic opportunities and freedoms. We look forward to respectful dialogue

while preparing for this future together, and encourage those in the leadership now to work for the best interest of our future generations, not leave a legacy of failing infrastructure, both culturally and physically.

Jacob Adams Sr. served as ASRC’s president and CEO from 1983 to 2006, and is a current member of the ASRC board of directors. He also served as North Slope Borough mayor, and was the prior chairman of the Alaska Eskimo Whaling Commission. Adams is a current member of the Barrow Whaling Captains Association.

Oliver Leavitt served as chairman of the ASRC board of directors and was the prior vice-president of government affairs for the corporation. He also served as vice president of lands and was on the board of the Alaska Federation of Natives. Leavitt is also a member of the Barrow Whaling Captains Association.

It is time to rally under one tent to discuss the role that

future development in the Arctic can play in supporting

and maintaining a healthy North Slope economy.

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AES Voter Registration Booth

ASRC Energy Services partnered with The

Alliance to bring voter registration services

to employees at AES worksites. Services

included first-time voter registration, and the

opportunity to update voter information.

The voter registration booth also provided

educational resources regarding the current

state of oil taxes in Alaska and information

about the referendum to repeal oil tax

legislation SB21, the Oil and Gas Production

Tax that was passed in 2013. Voters will

decide on the referendum, which will appear

on the Aug. 19 primary ballot, an issue of vital

importance for the state.

Voter registration services and oil tax

legislation education will continue to be

provided to employees throughout the year.

ASRC Energy Services Inc. (AES) sponsored a Family Cultural Day at Anchorage’s Alaska Native Heritage Center in January. This event was a day-long celebration of Iñupiat culture, values, language and traditions. At the Family Cultural Day there was an arts and crafts corner where youth made snow goggles, and had the chance to meet Native artists. The festivities also included traditional Iñupiat dancing and attendees got a chance to participate in discussions about cultural activities.

2011 Iditarod champion John Baker spoke about his experiences on the trail and the wisdom gained from elders about the land that he uses when he mushes, and language expert Dr. Edna MacLean from Barrow presented on the importance of continuing to learn and practice the Iñupiaq language. Artist Wendell Brower from Barrow spoke about how Iñupiat culture has inspired his paintings, which are reflections of traditional subsistence practices. Guests had the opportunity to take guided tours of the Iñupiat sod house at the museum. Films about the history of North Slope villages also played in the Center’s theater.

Ernie Frankson shared the history of Point Hope through song and dance, and Iñupiat singing was continued by Martha Frankson, also of Point Hope, and Ada Negovanna from Wainwright. The Family Cultural Day concluded with an Iñupiat fashion show where AES interns donned parkas, atigis, mukluks and other regalia in celebration of Iñupiat culture. Aarigaa!

Cultural DayAES Family

AES interns at the recent Family Cultural Day that was held at the Alaska Native Heritage Museum in Anchorage.

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ASRC Federal subsidiaries have won a variety of new work to support federal agencies.

The Missile Defense Agency (MDA) recently awarded ASRC Federal Analytical Services Inc. (ASI) the Missile Defense Data Center contract to provide comprehensive test product data management services across MDA in support of the Ballistic Missile Defense System. The contract has a maximum value of approximately $450 million with a five-year base plus five one-year options. The ASRC Federal ASI team will provide a wide range of data management services to MDA, including data center operations; support of test design, planning and products; and analysis infrastructure operations for the Ballistic Missile Defense System.

NASA recently awarded ASRC Federal Space and Defense a two-year extension to the Multidiscipline Engineering and Technology Services II (METS II) contract. The two-year bridge contract with an extension option has a maximum value of $110 million. Under the METS II Bridge contract, ASRC Federal Space and Defense will continue to provide systems engineering support and guidance, navigation and control services for various projects at NASA Goddard Space Flight Center in Greenbelt, Md., including the James Webb Space Telescope, the Mars Atmosphere and Volatile Evolution mission, the Magnetosphere Multiscale mission and other critical NASA Goddard missions.

A team led by ASRC Federal Space and Defense was recently awarded a $50 million indefinite-delivery/indefinite-quantity contract from Lockheed Martin for civil space support. ASRC Federal Space and Defense will provide engineering and technical support to Lockheed Martin on a variety of work for government agencies, including NASA and the U.S. Air Force.

The Naval Research Laboratory has awarded the Blossom Point Tracking Facility Spacecraft Operations and Facilities Services contract to ASRC Federal Space and Defense. The five-year contract is valued at approximately $40 million.

Space and Defense ContractsASRC Federal Subsidiaries Win

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ASRC Federal Holding Company (AFHC), in coordination with the U.S. Space Camp, is sponsoring ASRC shareholder students to attend a one-week camp at the U.S. Space and Rocket Center in Huntsville, Ala. Space Camp is one adventurous week where students train to live and work in space and even get to take command of their own simulated space mission!

The winners of the 2014 ASRC Federal James Madewell Space Camp Scholarships are:

Corey Tuzroyluke Florence Ningeok Bethany Miller Darlene Kignak Walter Kowunna Melvin James Kagak Kenneth Brendal Damon Gordon Leslie Cook

For more information about this and other shareholder opportunities at AFHC contact Sydney Cain at (301) 837-9097 or by email at Sydney.Cain@asrcfederal.com.

ASRC Federal is excited to continue to offer educational and professional development opportunities to the next generation of shareholders. Additional opportunities are available to shareholder students in high school and college.

ASRC Federal is committed to providing opportunities for young shareholders to explore science, technology, engineering and math fields. If you know of students that might be interested in participating in one of the programs mentioned above, please have them contact ASRC Federal’s Shareholder Programs Office today. Check www.iaminupiaq.com for updates.

• ASRC Federal is offering scholarships for ASRC shareholder students in high school to attend the Young Scholars Program at the University of Maryland. The Young Scholars Program invites high school students to attend a three-week college readiness program July 13 - Aug. 1 at the University of Maryland in College Park, Md., just minutes away from ASRC Federal headquarters. For three weeks, students will attend class and participate in seminars, workshops and social activities where they meet, live and study with other talented high school students from around the U.S. and the world. ASRC Federal employees will be on hand to help students explore the Washington, D.C., area. If you or your student is interested in applying for a scholarship to attend this program, please contact Sydney Cain at Sydney.Cain@asrcfederal.com. Scholarships are awarded on a first-come, first-serve basis to the first eight students that meet the application criteria.

• The ASRC Federal Internship Program is getting ready for its seventh summer. The ASRC Federal Internship Program offers students an opportunity to apply what they are learning in school to the corporate business

environment. Internships are a great way to test-drive a career, network with professionals, make new friends and gain valuable work experience. If you are a college student and looking for a summer filled with new and exciting experiences, contact ASRC Federal Holding Company today.

• ASRC Federal Externship Program enables students to gain work experience related to their field of study while school is in session. The externship is a unique model that enables students to work at partner organizations under their direct supervision. In the past, ASRC Federal has partnered with the Cold Climate Housing Research Center in Fairbanks, Ilisagvik College in Barrow and Habitat for Humanity in Spokane, Washington. The externship program is open to all ASRC shareholders currently enrolled in an accredited college or university and able to work at least 20 hours per week. If you are interested in learning more about the ASRC Federal Externship Program, contact Meda Snyder at Meda.Snyder@asrcfederal.com or 907-339-6809.

Shareholder StudentsOpportunities for

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This spring ASRC will celebrate the grand opening of the Top of the World Hotel in Barrow, Alaska. Many vendors and craftsmen worked together to complete this project, including some "behind the scenes" work by ASRC’s Information Technology (IT) department.

ASRC’s SKW/Eskimos Inc. acted as the general contractor for hotel construction. They contacted the ASRC IT department to ensure that the technology systems at the hotel would properly interface with other systems within ASRC and would be reliable and secure. Builders Choice of Anchorage was chosen to build the modules and ICE Services was contracted to do the majority of the wiring and general technical work.

During construction, ICE Services completed the installation and configuration of the networking, phone system and other computer hardware involved in the hotel. Testing of all networks and support systems that includes wireless Internet for guests and TV service will be performed before the hotel’s grand opening. ASRC IT project manager Yvonne Charles played a key role in coordination of the vendors for all new systems including a new Property Management System to manage check in, check out, reservations, key cards and more. All of the supporting systems were electronically tied back to the data center at ASRC’s Barrow headquarters to interface with ASRC IT Systems there and in Anchorage. “Proper coordination between the five vendors requires a lot of patience,” Yvonne said. “We all needed to meet in the middle for appropriate execution.”

There will be a soft opening of Top of the World Hotel on April 18; this will allow hotel staff and IT time to review and test the new computer network and to ensure that it is functioning correctly. The hotel’s grand opening is planned for April 22.

Shareholder artist and sculptor Vernon Aqak Rexford completed a carving on a petrified mammoth tusk for ASRC. The project began over a year ago and was completed in mid-March 2014. The carving will be on display at the grand opening of the Top of the World Hotel at Barrow this spring.

Wired for BusinessTop of the World Hotel

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Alaskan Joins White House Staff Raina Thiele is an associate director in the White House Office

of Intergovernmental Affairs, where she works with tribal leaders.

Prior to her current position, Raina served as a program examiner

at the White House Office of Management and Budget (OMB)

working on a wide variety of issues. She previously worked as

a legislative analyst at OMB and worked on tribal outreach for

President Obama's reelection campaign. Raina received her

undergraduate degree from Yale University and her master's in

Public Policy degree from Harvard University. Born and raised

in Alaska, her family’s roots are spread from Pedro Bay on Lake

Iliamna to Alexander Creek near Mount Susitna. Growing up

in rural Alaska, Raina spent her summers learning traditional

subsistence activities and she also commercial fished with her

father and mother in Bristol Bay. Raina is Dena'ina Athabascan

and Yup'ik and is very proud of her Alaska heritage.

Raina Thiele

ASRC Stock Assistance PortalASRC recently unveiled the new ASRC Stock Assistance Portal (ASAP) to provide secure online services for shareholders and their stock-related business. This new service will allow shareholders 24/7 access to their (and their ward's or minor's) shares, address and payment information. The ASAP website will also allow stockholders to maintain their contact information, download payment reports, obtain various stock forms, request legal name changes and authorize or revoke direct deposits, among other things.

The release of the ASAP website will benefit both shareholders and ASRC overall. It will allow the ASRC Stock department more time to research requested information, refine shareholder outreach, and improve the accuracy of record keeping for the Corporation.

At any time of the day, even during non-business hours, shareholders can update their profile by providing current addresses, bank accounts and contact information. Shareholders will also be able to view commonly requested information pertaining to their ASRC shares and payments. Payments in the forms of dividends, distributions and prizes can be viewed, and details regarding withholding will also be available. The ASAP system will be available from any computer with Internet access.

All shareholders who wish to use this new online stock service will need to register on the ASAP website at asap.iaminupiaq.com.

For questions regarding the new ASRC Stock Assistance Portal, you can contact the ASRC Stock department at 1-800-770-2772 or (907) 852-8633.

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P.O. Box 129 Barrow, AK 99723