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<p align="center" style="margin-bottom:12pt;text-align:center"><b><span style="font-size:18pt;font-family:Verdana"><br>CAMPAIGN UPDATE – June 2013</span></b></p><p align="center" style="margin-bottom:12pt;text-align:center">
<b><i><span style="font-family:Verdana">Check out the IDC protest at CalPERS and our new campaign focusing on Caterpillar’s complicity in <u></u><u></u>Palestine<u></u><u></u> and abuse of workers: </span></i></b><b><i><span style="font-size:11pt;font-family:Verdana"><a href="http://www.israeldivestmentcampaign.org/" target="_blank" style="color:rgb(17,85,204)">www.israeldivestmentcampaign.org</a></span></i></b><br>
<b><span style="font-size:18pt;font-family:Verdana"><u></u><u></u></span></b></p></div><b><span><br clear="all"></span></b><p style="margin-bottom:12pt"><span style="font-family:Verdana">As you might already know, the “engagement process” that CalPERS initiated with both Veolia and Elbit as a result of our campaign was suddenly aborted in March 2013. IDC supporters protested this reversal at the May 2013 meeting of the Investment Committee. A</span> dozen of us spoke (and at least that many more were present in support) in protest of this sudden end to PERS’ engagement as well as its consistent refusal to hold Caterpillar accountable. You can watch, hear and read our remarks by scrolling down to "IDC Campaign Updates" on the home page, and selecting "Video clips and transcripts."</p>
<p style="margin-bottom:12pt"><span style="font-family:Verdana">While we are not letting CalPERS or CalSTRS off the hook, at the same time, we have initiated a new campaign, emphasizing both Caterpillar’s complicity in violations of Palestinian human rights and its direct violations of North American worker rights.<u></u><u></u></span></p>
<p style="margin-bottom:12pt"><span style="font-family:Verdana">We thank you for already signing the new appeal to the boards of various public employee pension funds. In this regard, please let us know if you are a member of one of the county or city public pension fund around the state and/or a member of a public employee union.<u></u><u></u></span></p>
<p style="margin-bottom:12pt"><span style="font-family:Verdana">Here are some of the ways that you can help make this new campaign successful:<u></u><u></u></span></p><ul type="square" style="margin-top:0in"><li style="margin-left:15px;margin-bottom:12pt">
<span style="font-family:Verdana">Visit our home page and download the fact sheet on Caterpillar’s abuses.<u></u><u></u></span></li><li style="margin-left:15px;margin-bottom:12pt"><span style="font-family:Verdana">Encourage everyone you know to sign the appeal to the boards of the various public employee pension funds: <a href="http://www.idc-calif.org/letter" target="_blank" style="color:rgb(17,85,204)">www.idc-calif.org/letter</a>.<u></u><u></u></span></li>
<li style="margin-left:15px;margin-bottom:12pt"><span style="font-family:Verdana">Invite us to do a short presentation to your social justice groups, especially your union.<u></u><u></u></span></li><li style="margin-left:15px;margin-bottom:12pt">
<span style="font-family:Verdana">Download the resolution calling for the public pension funds to divest from Caterpillar and introduce it to these groups if and when you think it would be productive to do so. Download at: <a href="http://www.idc-calif.org/resolution" target="_blank" style="color:rgb(17,85,204)">www.idc-calif.org/resolution</a> or <a href="http://www.idc-calif.org/union-resolution" target="_blank" style="color:rgb(17,85,204)">www.idc-calif.org/union-resolution</a>.</span><span style="font-family:Verdana">(Please feel free to discuss with IDC leadership.)</span></li>
</ul><p style="margin-bottom:12pt"><span style="font-family:Verdana">We thank you for your ongoing support of the Israel Divestment Campaign.<u></u><u></u></span></p><p align="center" style="margin-bottom:12pt;text-align:center">
<i><span style="font-family:Verdana">Bernie, David, Emily, Jane, Mary, Mikos, Sherna- IDC Coordinating Committee <a href="mailto:ca.divest.sc@gmail.com" target="_blank" style="color:rgb(17,85,204)"><br></a></span></i></p>
<p align="center" style="margin-bottom:12pt;text-align:center"><i><span style="font-family:Verdana"><a href="mailto:ca.divest.sc@gmail.com" target="_blank" style="color:rgb(17,85,204)">ca.divest.sc@gmail.com</a></span></i></p>
</b></div></div></div></div></div></div></div></div></div></div></div><p></p><p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 16px/normal Helvetica"><b><br></b></p><p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 16px/normal Helvetica">
<b><br></b></p><p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 16px/normal Helvetica"><b>CalPERS, CalSTRS, LACERA Investments in Caterpillar</b></p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 12px/normal Helvetica"><b>CalPERS CalSTRS LACERA</b></p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 12px/normal Helvetica"><b>$159 million (Equities) $168.4 million (Equities), $6.million+ (Fixed income) $2,173,466 (Equities), $7,001,243 (Fixed Income)</b></p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 14px/normal Helvetica"><b>It’s time to insist that our tax dollars not be used to violate human rights, including workers rights.</b></p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 14px/normal Helvetica"><b>It’s time to call on the public employee pension funds to divest from Caterpillar</b></p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 14px/normal Helvetica"><b>Let’s tell them — Invest in human rights, not their violation!</b></p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 12px/normal Arial">_____________________________________________________________________</p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 13px/normal Helvetica"><b>We Call on the Public Employee Pension Funds to Divest from Caterpillar</b></p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 12px/normal Arial"><span style="font:normal normal normal 12px/normal Helvetica"><b>WHEREAS, </b></span>Caterpillar is complicit in Israel’s human rights and international law violations in the occupied West Bank, including eastern Jerusalem, and Gaza by providing it with bulldozers used in the construction of the Apartheid Wall (“Separation Barrier”) and segregated roads; the demolition of tens of thousands of Palestinian homes; and the uprooting of olive orchards -- all serious violations of international law;</p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 12px/normal Arial"><span style="font:normal normal normal 12px/normal Helvetica"><b>WHEREAS, </b></span>Caterpillar has consistently violated the rights of North American unionized workers, most recently by locking Canadian workers out and closing down its Ontario plant, then paying drastically reduced wages to “replacement workers” at the newly opened U.S. plant; and has engaged in massive layoffs.</p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 12px/normal Arial"><span style="font:normal normal normal 12px/normal Helvetica"><b>THEREFORE, </b></span>we call on the public employee pension funds in which public employees have contributed during their employment (including but not limited to LACERA, CalPERS and CalSTRS) to begin the process of divesting their funds from Caterpillar.</p>
<p style="margin-top:0px;margin-right:0px;margin-bottom:0px;margin-left:0px;font:normal normal normal 12px/normal Arial">Passed by _______________________[Organization name] On: ________________________ Signed by: ________________________________/Position: _____________________</p>
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