Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 03-05640 Angelina A. Paczkowski Names nf the Respondents Hearing Site: Philadelphia. PA Fahnestock & Co., Inc. Josephthal & Co., Inc. Craig R. Lawler M&T Securities, Inc. Lorna S. Gessner Royal Alliance Associates, Inc. William J. Feudale, Jr. Nature of the Dispute: Customer vs. Members and Associated Persons RFPRF.SFNTATTON

• f Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Patricia Griffey, Claimant, v. Citigroup Global Markets, Inc., Citigroup, Inc. and Michael E. Wilheim, Respondents. Case Number:- 03-05582 Hearing Site: St. Louis, Missouri NATURE OF THE DISPUTE Customer vs. Member Firm, Non-Member Firm and Associated Person REPRESENTATION OF PARTIES Claimant, Patricia Griffey ("Griffey"), hereinafter referred

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05453 John Polonchak, IRA, Claimant v. Morgan Stanley DW, Inc. f/k/a Dean Witter Reynolds, Inc., Respondent. ATTORNEYS: Claimant, John Polonchak, IRA, ("Claimant"), appeared pro se, San Jose, CA. Respondent, Morgan Stanley DW, Inc. f/k/a Dean Witter Reynolds, Inc., ("Respondent"), appeared through its in-house counsel, Judith M. Rosenberg, Esq., San Francisco, CA. NATURE OF DISPUTE: Cust

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05315 William and Judith Rebholz, Claimants v. A.G. Edwards & Sons, Inc. and Christine J. Stoverink, Respondent. ATTORNEYS: Claimants, William and Judith Rebholz, ("Claimants"), appeared pro se, Waterloo, IL. For Respondents, A.G. Edwards & Sons, Inc. and Christine J. Stoverink, ("Respondents"), appeared James C. Browning, Esq., Jr., St. Louis, MO. NATURE OF DISPUTE: Customers v. Member

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Arthur Michael Pagnotta and Raymond Morton, Claimants v. Mutual Securities, Inc., Respondent Case Number: 01-03094 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimants / Counter-Respondents: H. Thomas Fehn, Esq. Fields, Fehn & Sherwin Los Angeles, California For Respondent / Counter-Claimant: Carl J. Carlson, Esq. Carlson & Fabish, P.S. Seatt

I ,.•;* , NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05136 Prime Charter Ltd., Claimant v. Wayne S. Hemans, Respondent. ATTORNEYS: Claimant, Prime Charter Ltd., ("Claimant"), appeared through their in-house counsel, Evelyn Bukchin, Esq., New York, NY. Respondent, Wayne S. Hemans, ("Respondent"), did not respond to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: July 14, 2003 CASE

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05170 Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney Inc., Claimant v. Michael Mashack, Respondent. ATTORNEYS: For Claimant, Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney Inc. ("Claimant"), appeared Scott E. Hinsche, Esq., of the Firm Keesal, Young & Logan, Long Beach, CA. Respondent, Michael Mashack, ("Respondent"), appeared pro se, Palo Alto, CA. NATURE OF DISPUT

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 03-04972 Brandee Cotroneo, IRRA Names of the Respondents Hearing Site: Tampa, Florida Merrill Lynch Pierce Fenner & Smith, Inc. Keith Dunn Nature of the Dispute: Customer v. Member and Associated Person. REPRESENTATION OF PARTIES For Brandee Cotroneo, IRRA, hereinafter referred to as "Claimant": Philip J. Snyderburn, Esq., Snyderburn, Ri

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Nam^of Claimant UBS Financial Services, Inc. and Case Number: 03-03962 Hearing Site: Houston, Texas Name of Respondent Michael R. Paredes NATURE OF DISPUTE Member Firm v. Associated Person REPRESENTATION OF PARTIES UBS Financial Services, Inc. ("Claimant" or "UBS Financial") was represented by Laura Martin, Esq., of Davidson & Grannum, of Northvale, New Jersey.

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants Amer Saleh and Nawal Amin, Individually and as Conservators for Hassen Saleh and Case Number: 03-03960 Hearing Site: Detroit, Michigan Respondents Merrill Lynch Pierce Fenner & Smith, Inc., and Jauehwa Jan Huang NATURE OF DISPUTE Customers v. Member and Associated Person REPRESENTATION OF PARTIES Amer Saleh and Nawal Amin, Individually and