CLEARWATER INVESTMENT TRUST
                              332 Minnesota Street
                         St. Paul, Minnesota 55101-1394

                               June 26, 2002

VIA ELECTRONIC TRANSMISSION

Securities and Exchange Commission
File Desk
450 Fifth Street, N.W.
Washington, D.C.  20549

         Re:      Clearwater Investment Trust, CIK No. 0000811161
                  Request for Withdrawal of Registration Statement on Form N-1A;
                  File No. 33-12289
                  Accession No. 0000811161-02-500006

Ladies and Gentlemen:

     The Registrant intended to file its Post-Effective  Amendment No. 18 to its
Registration  Statement  as  a  Form  Type  485BPOS.   Instead,  the  Registrant
mistakenly  made this filing as Form Type N-1A. This mistaken filing was made on
or about April 30, 2002.  This letter is being filed to withdraw the filing made
in error.

     The Registrant is refiling its Post-Effective Amendment No. 18 as Form Type
485BPOS.

     Accordingly,  the Registrant  requests  withdrawal of the mistakenly  filed
Registration Statement pursuant to Rule 477(a) under the Securities Act of 1933.


                                                     Very truly yours,

                                                     /s/ Richard T. Holm

                                                     Richard T. Holm



cc:      Joseph P. Barri, Esq.
         Michelle Rhee, Esq.