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SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934
Filed by the Registrant X
Filed by a Party other than the Registrant
Check the appropriate box:
Preliminary Proxy Statement
Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
Definitive Proxy Statement
X Definitive Additional Materials
Soliciting Material Pursuant to Sec.240.14a-11(c) or Sec.240.14a-12
PGI INCORPORATED
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(Name of Registrant as Specified in its Charter)
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(Name of Person(s) Filing Proxy Statement if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
No fee required.
Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
N/A
2) Aggregate number of securities to which transaction applies:
N/A
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
the filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of transaction:
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5) Total fee paid:
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[letterhead of PGI Incorporated]
December 10, 1997
To The Shareholders of PGI, Incorporated
IT IS OF THE UTMOST URGENCY THAT YOU GIVE YOUR IMMEDIATE ATTENTION TO THE
ENCLOSED PROXY STATEMENT AND PROXY.
In order for the company to proceed with the important sale of a large tract
of its land, it is vital that you give the enclosed proxy statement your
immediate attention and that you sign and return the enclosed proxy with a
favorable vote for Propositions 2 and 3 immediately.
On Behalf of the Board
Very truly yours,
/s/ Andrew S. Love /s/ Laurence A. Schiffer
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Andrew S. Love, Jr. Laurence A. Schiffer
Chairman President
