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Report of the Auditing Committee of the National Academy of Sciences June 8, 2011 Dr. Ralph J. Cicerone, President National Academy of Sciences Dear Dr. Cicerone: In accordance with paragraph 11 of section II of the Bylaws of the National Academy of Sciences, the firm of KPMG LLP was retained by the Auditing Committee on behalf of the Council to conduct an audit of the accounts of the Treasurer for the year ended December 31, 2010, and to report to the Auditing Committee. The independent accountants have completed their audit and submitted their report. In accordance with paragraph 13 of section II of the Bylaws, the Auditing Committee has reviewed the report and recommends to the Council that it be accepted and that the opinion of the independent accountants be published with the report of the Treasurer. Respectfully submitted, JERRY P. GOLLUB, Chair GEORGE GLOECKLER SUSAN GOTTESMAN RONALD L. GRAHAM ROBERT H. WURTZ Auditing Committee 2101 Constitution Avenue, NW Washington, DC 20418 40