Memo


To:        Trust Beneficiaries and Their Counsel

From:    Robert Al Falise
             Managing Trustee

Date:     January 1, 1999

Re:        Claims Resolution Mangement Corporation


            I am pleased to announce that effective January 1, 1999, claims against the Manville Personal Injury Settlement
Trust (the "Trust") will be processed by the Claims Resolution Management Corporation ("CRMC"), a facility wholly
owned by the Trust, and staffed by former employees of the Trust. The CRMC offices and staff will be at the same Virginia address as previously occupied by the Trust. Trust Beneficiaries should send their Proof of Claim forms, supporting evidence and all correspondence related to their Trust claims to:

Claims Resolution Management Corporation
P.O. Box 10415
Fairfax, VA 22031

            Telephone inquiries concerning individual claims should be directed to the staff of the CRMC, who can be reached
at (703) 204-9300.

            The CRMC will administer claims against the Trust in a manner that is consistent with the Trust Distribution Process ("TDP"), and all other governing documents, court orders and Trust policies. Trust Beneficiaries and constituents should see no difference in the manner in which their claims are processed and paid.

The Trust has its offices in New York, as follows:

Robert A. Falise, Esq.
Managing Trustee
Manville Personal Injury Settlement Trust
375 Pound Ridge Road
Bedford, NY 10506


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