The Windsor Corporation
6160 South Syracuse Way
Greenwood Village, CO 80111
June 2, 1999
Re: Windsor Park Properties 4--Consent Solicitation Statement Supplement
Dear Unitholder:
Enclosed please find a Consent Solicitation Statement Supplement dated June 2,
1999 (the "Supplement") which contains information that supplements the
information contained in the Consent Solicitation Statement of Windsor Park
Properties 4 (the "Partnership") dated May 7, 1999 sent to you last month
relating to the proposed sale of all of the Partnership's assets to N' Tandem
Trust (the "Sales"), an affiliate of the Partnership, and a related plan of
liquidation (the "Plan of Liquidation") following such Sales. The Supplement
updates the Consent Solicitation Statement to reflect the financial performance
of the Partnership for the quarter ended March 31, 1999, and also discusses a
class action and derivative complaint that has been commenced against the
General Partners of the Partnership, certain executive officers and directors of
the Managing General Partner, and the Partnership.
If you have already sent in your consent card and do not wish to change the
consent card, no further action is necessary. If you have not sent in your
consent card, we encourage you to send it in today. If you have already sent in
your consent card and wish to change your vote, you may do so by sending in a
later dated consent card. For your convenience, an additional consent card and
pre-addressed and stamped return envelope are enclosed herewith.
Should you have any questions about the enclosed materials, or the Sales and
Plan of Liquidation, please do not hesitate to call Arlen Capital, our
solicitation agent in connection with the Sales and Plan of Liquidation, at
1-800-553-4039.
Very truly yours,
Steven G. Waite
President
Enclosures
