Gordon Irlam
326 A St
Redwood City, CA 94063
Email: noreply@base.com
Phone / Fax: +1 (650) 364-6169

Sandra Leung
Corporate Secretary
Bristol-Myers Squibb
345 Park Avenue
New York, NY 10154

November 26, 2002

Re: Shareholder Proposals

Dear Ms. Leung,

This is to acknowledge your letter of November 25th, 2002, stating shareholders can only submit one shareholder proposal for a particular shareholder's meeting.

As a result, I hereby respectfully withdraw from participation in the Executive Compensation Review shareholder proposal being coordinated by Responsible Wealth. It is my understanding that the other co-filers of the Executive Compensation Review proposal continue to intend to present their proposal at the next annual meeting.

This letter has no effect on the Responding to the AIDS Pandemic shareholder proposal, which I continue to wish to present.


Gordon Irlam