To Whom it May Concern:
Let it be known that David Watson transferred 30,300 shares of Rentrak
Corporation from his account to my account at Prudential Securities, account
3AFL 023681.
Let it be further known that I will transfer said 30,300 shares out of account
into David Watson's account wherever he chooses to do so upon demand by Mr.
Watson. Upon said demand I can either return said stocks or pay Mr. Watson the
equivalent cash value of the 30,300 shares at the time of the said request at a
10% interest rate for the time the shares of stock were held.
/s/ Paul A. Rosenbaum 8/31/99
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Paul A. Rosenbaum Date
/s/ David Watson 8/31/99
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David Watson Date
