EX-1
from NSAR-B
1 page
November 20, 2003 Securities and Exchange Commission 40 Fifth Street, N.W. Washington, D.C. 20549 Ladies and Gentlemen: Northeast Investors Trust We Have Read the Disclosures Contained in Sub-Item 77-K of the Form N-Sar for Northeast Investors Trust for the Six Months Ended September 30, 2003, and We Are in Agreement With the Statements Concerning Our Firm Contained Therein. Yours Very Truly, Pricewaterhousecoopers Llp
12/34/56
EX-1
from NSAR-A
1 page
Report on Form N-Sar for Northeast Investors Trust for Period Ended March 31, 2003 Information Provided Pusuant to Item 77q3: Registrant's Chief Executive Officer and Chief Financial Officer Have Concluded, Based on an Evaluation Completed as of May 29, 2003, That the Registrant's Disclosure Controls and Procedures Have Been Effective to Provide for the Recording, Processing, Summarization and Reporting of the Information Required to Be Disclosed by the Registrant in the Reports That It Files or Submits Under the Securities Exchange Act of 1934 Within the Time Periods Specified by the Securities and Exchange Commission's Rules and Forms. in This Connection It Was Noted in Registrant's Report on Form N-Sar for the Period Ended September 30, 2002 That Registrant Had Not Had a Written Board Approved Pricing Policy, Although It Had Followed Procedures and Practices Described to the Board of Trustees on Pricing Matters. Effective December 17, 2002 Registrant Has Adopted Such a Pricing Policy, and to Date No Adjustments That Affected Net Asset Value Have Been Required
12/34/56
