March 11, 2005

To Supporters of Joyce Meyer Ministries, Inc.

In 2004, the compensation approved by the Board of Directors and provided to Joyce Meyer as President of Joyce Meyer Ministries, Inc. included salary and fringe benefits of $250,000, the benefit of living in a ministry-provided parsonage and contributions to retirement plans. During 2004, the Ministry’s gross profits from Joyce’s books and the honorariums received by the ministry from Joyce’s speaking engagements exceeded her total compensation stated above.

The ministry is voluntarily releasing this information to our partners to provide transparency regarding the Ministry’s operations.

Sincerely,

Delanie Trusty, CPA Chief Financial Officer