EX-99 3 exhibit9932001.txt CONFIRMATION OF AUDITOR'S REPRESENTATIONS Exhibit 99.3 American National Bankshares Inc. March 29, 2002 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Confirmation of Arthur Andersen LLP's Representations Ladies and Gentlemen: American National Bankshares Inc. (the "Corporation") is filing its Annual Report on Form 10-K today with consolidated financial statements audited by Arthur Andersen LLP ("Andersen"). In accordance with Temporary Note 3T to Article 3 of Regulation S-X, this letter confirms that the Corporation has received certain required representations from Andersen in a letter dated March 28, 2002. Andersen has represented to the Corporation that the audit was subject to Andersen's quality control system for the U.S. accounting and auditing practice to provide reasonable assurance that the engagement was conducted in compliance with professional standards. Andersen further represented that there was appropriate continuity of Andersen personnel working on the audit and availability of national office consultation. Andersen represented that the availability of personnel at foreign affiliates of Andersen was not relevant to this audit. Very truly yours, /s/ Brad E. Schwartz ------------------------------ Brad E. Schwartz Senior Vice President and Chief Financial Officer