Happy New Year!

Looking back over the past year offers a chance for us all to relish the widespread success we have had inside and outside of the gym. It truly has been a fabulous year for USA Gymnastics.

It is with deep gratitude and appreciation that I extend our sincere appreciation to all of you who supported and attended the 2004 T.J. Maxx Tour of Gymnastics Champions.

It is extraordinary to note that with the support of the gymnastics community nationwide, the T.J. Maxx Tour sold more than 236,000 tickets. The partnership with our USA Gymnastics Member Clubs continues to pay dividends in both directions.

We would like to take this opportunity to thank all of our members – athletes, professionals, instructors, Team USA Gymnastics, industry and member clubs - for joining us in the 42-city celebration of our Olympic success. We look forward to future Tours and working directly with you to maximize your enjoyment of the sport of gymnastics.

We now look forward to the next quandrennium and the excitement of the 2008 Olympiad in Beijing, China. USA Gymnastics is poised to continue our medal success and growth over the next few years. In doing so, we will activate our partnerships with our Member Clubs at an even higher level. By working together, we can capitalize on our strong brand image and propel gymnastics into the spotlight for years to come.

In this next quadrennium, USA Gymnastics will work hard to promote our new programs, including the USA Gymnastics Fitness Program. This program offers a unique way for people of all ages to help in the fight against childhood obesity. It is one example of our goal to increase the level of cooperation with our Member Clubs and a platform by which we believe we can continue to bring national recognition to USA Gymnastics’ grass roots efforts. I encourage you to go on-line to the USA Gymnastics website and learn more about USA Gymnastics Fitness.

As we head into the New Year, please keep your eyes, ears and minds open about ways in which USA Gymnastics can continue to serve you better. We look forward to working with you and appreciate your continued input and support.

Sincerely,

Steve Penny

Sr. Vice President