Exhibit 16.1 PRICEWATERHOUSECOOPERS - -------------------------------------------------------------------------------- PRICEWATERHOUSECOOPERS LLP 500 West Main Street Suite 1800 Louisville, KY 40202 Telephone (502) 589 6100 Facsimile (502) 585 7775 May 22, 2006 Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549 Commissioners: We have read the statements made by North Atlantic Holding Company, Inc. (copy attached), which we understand will be filed with the Securities and Exchange Commission, pursuant to Item 4.01 of Form 8-K, as part of the Form 8-K of North Atlantic Holding Company, Inc. dated May 16, 2006. We agree with the statements concerning our Firm in such Form 8-K. However, we make no comment whatsoever regarding the current status of material weaknesses in internal control over financial reporting or regarding any remedial actions taken with respect to such material weaknesses. Very truly yours, /s/ PricewaterhouseCoopers LLP PricewaterhouseCoopers LLP