SCHEDULE 14A
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No. )
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[ ] 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 Rule 14a-11(c) or Rule 14a-12
SLADE'S FERRY BANCORP.
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(Name of Registrant as Specified in Its Charter)
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[LOGO] SLADE'S FERRY BANK
Pleasantly different.
SLADE'S FERRY BANCORP.
100 Slade's Ferry Avenue
Somerset, Massachusetts 02726
IMPORTANT
Annual Meeting Adjourned to June 2, 2004
May 14, 2004
Dear Shareholder:
The Company's Annual Shareholder Meeting, held on May 10, 2004, was
adjourned until June 2, 2004 in order to allow for further solicitation of
proxy votes only on Proposal 1. As described in the Proxy Statement
previously sent to you, Proposal 1 concerns the amendment of articles of
organization and bylaws to permit the board of directors to amend the
bylaws under certain circumstances. The affirmative vote of two-thirds of
all outstanding shares is required to pass Proposal 1. Although over 85% of
the votes that have actually been cast are "FOR" Proposal 1, approximately
20% of the company's shareholders have not yet voted at all. As a result,
we have not yet reached the required two-thirds vote. Because so many of
the Company's shareholders have already indicated their support of Proposal
1, the meeting was adjourned to give the remaining shareholders a further
opportunity to vote on this matter.
For the reasons set forth in the Proxy Statement, your Board of Directors
has unanimously approved the amendments and unanimously recommends a vote
"FOR" Proposal 1.
Regardless of the number of shares you own, it is important that they are
represented and voted on Proposal 1 at this adjourned meeting. Since our
records indicate that you have not voted on Proposal 1, please take a
moment now to sign, date and mail the enclosed proxy form.
Management and its proxy solicitation firm, Georgeson Shareholder
Communications Inc., will be soliciting votes by telephone in the days
ahead, and your understanding is very much appreciated. If you have already
voted your shares on Proposal 1, please accept our apology for this re-
solicitation.
For your convenience, Mary Lynn D. Lenz, the President and Chief Executive
Officer of the Company, will be available during business hours to answer
your questions regarding Proposal 1 at (508) 675-2116, extension 1201.
Thank you for your cooperation and continued support.
Sincerely,
/s/ Kenneth R. Rezendes, Sr.
Kenneth R. Rezendes, Sr.
Chairman of the Board