����������������������������������������������������������������������������������������������������������� January 2, 2007

To:����������������� Shareholders of the Lakeshore Company

From:������������� Bruce Chalfant,� Secretary

Subject:���������� Notice of Annual Meeting
Saturday, January 13, 2007 at 6:30 p.m. at the Clubhouse

This Annual Meeting is for the election of a Board of Directors and for all other business that may properly come before a stockholders� meeting.

Please Note:� Stockholders who cannot attend this meeting in person should complete the attached Proxy and Ballot and convey it to the Secretary or to your designated representative before the meeting.� This is important to enable us to conduct a meeting in your absence.

Agenda

6:30 p.m.	Sandwiches and soft drinks served
7:00 p.m.	Meeting called to order � Roll call
	Minutes of previous meeting
	Reports:
			Water Company Report Treasurer�s Report and 2005 Budget President�s Report
	Old Business
	New Business:
	Election of Directors:����
			The Selection Committee recommends the following slate of candidates for Lakeshore Directors for 2007: Rick Barrett, Bruce Chalfant, Bill Manser, Ray Negele, Newton White .
		Adjournment
9:00 p.m. (approx.)		Dessert served and Bar open

THE LAKESHORE COMPANY, INC.

PROXY

KNOW ALL PEOPLE BY THESE PRESENT, that I/we, the undersigned, being owner(s) of one share of the capital stock of The Lakeshore Company, a Corporation of New Jersey, do hereby constitute and appoint J. Bruce Chalfant, Secretary for the Directors or _________________________[fill in name], my/our true and lawful attorney in my/our name(s), place and stead, to vote upon the stock owned by me/us or standing in my/our name and my/our proxy at the meeting of the Shareholders of said Company, to be held at the Company�s place of business at the Mount Kemble Lake Clubhouse, Mount Kemble Lake, in the Township of Harding, New Jersey, on Saturday, January 13, 2007 at 07:00 p.m. and all adjournments thereof, hereby granting the said attorney full power to act for me/us in my/our name at said meeting, to the same extent and with the same force as I/we would be entitled to vote if then personally present, hereby revoking all former proxies given with respect to said stock.

IN WITNESS WHEREOF, I/we hereto set my/our hand and seal this __________ day of January, 2007.

Signature:__________________________ Print Name:_________________________

Signature:___________________________ Print Name:__________________________

���� -----------------------------------------May be separated---------------------------------------------------

BALLOT

1)� I / WE VOTE TO ELECT THE SLATE OF DIRECTORS AS PROPOSED BY THE SEARCH COMMITTEE:� Rick Barrett, Bruce Chalfant, Bill Manser, Ray Negele, and Newton White.

����������������������������������������������������������������������� �VOTE

YES______________

NO_______________

Please Note:� Stockholders who cannot attend this meeting in person should complete the Proxy and this Ballot, and convey them to the Secretary or to your designated representative before the meeting.� This is important to enable us to conduct a meeting in your absence.

BALLOT

1)� I / WE VOTE TO ELECT THE SLATE OF DIRECTORS AS PROPOSED BY THE SEARCH COMMITTEE:� Rick Barrett, Bruce Chalfant, Bill Manser, Ray Negele, and Newton White.

����������������������������������������������������������������������� �VOTE

YES______________

NO_______________

Please Note:� Stockholders who cannot attend this meeting in person should complete the Proxy and this Ballot, and convey them to the Secretary or to your designated representative before the meeting.� This is important to enable us to conduct a meeting in your absence.

BALLOT

1)� I / WE VOTE TO ELECT THE SLATE OF DIRECTORS AS PROPOSED BY THE SEARCH COMMITTEE:� Rick Barrett, Bruce Chalfant, Bill Manser, Ray Negele, and Newton White.

����������������������������������������������������������������������� �VOTE

YES______________

NO_______________

Please Note:� Stockholders who cannot attend this meeting in person should complete the Proxy and this Ballot, and convey them to the Secretary or to your designated representative before the meeting.� This is important to enable us to conduct a meeting in your absence.