NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05648 Joan P. Smith and Louis R. Smith, Jr., Claimants v. Merrill Lynch, Pierce, Fenncr & Smith, Inc. Kenneth Frankman, and .lames Gaughran, Respondents ATTORNEYS: Claimants Joan P. Smith and Louis R. Smith, Jr. (collectively "Claimants") appeared pro se, Coram, NY. For Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc., Kenneth Frankman, and James Gaughran (collectively "Respondent

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05646 First Avantus Securities, Inc., Claimant v. David Hayes, Respondent. ATTORNEYS: For Claimant, First Avantus Securities, Inc., ("Claimant"), appeared John Courtade, Esq., of the Law Offices of John Courtade, Austin, TX. Respondent, David Hayes, ("Respondent"), appeared pro se, Austin, TX. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: August 1, 2003 — " CASE SUMMARY

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between: Names of Claimants Gloria J. Field and William C. Field v. Names of Respondents Citigroup Global Markets, Inc. and Wayne Ballinger Case Number: 03-05645 Hearing Location: Chicago, Illinois NATURE OF DISPUTE Customers v. Member Firm and Associated Person REPRESENTATION OF PARTIES Gloria J. Field and William C. Field ("Claimants") were represented by

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants John E. and Susan Foddrill and Names of Respondents Citigroup Global Markets, Inc., and John Frakes Case Number: 03-05644 Hearing Site: Houston, Texas NATURE OF DISPUTE Customers v. Member Firm and Associated Person REPRESENTATION OF PARTIES John E. and Susan Foddrill ("Claimants") were represented by Randall A. Pulman, Esq., and Luke Be

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05638 Ryan Beck & Co., LLC, Claimant v. Mark Raymond Noble, Respondent. ATTORNEYS: For Claimant, Ryan Beck & Co., LLC, ("Claimant"), appeared Michael S. Colombo, of StreetWide Asset Recovery Group, Inc., Lyndhurst, NJ. Respondent, Mark Raymond Noble, ("Respondent"), appeared pro se, Dover, MA. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: July 31, 2003 CASE SUMMARY: Clai

Stipulated Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Gene Sypniewski IRA, Marion and Gene Sypniewski, and Brian Sypniewski IRA (Claimants) v. Merrill Lynch, Pierce, Fenner & Smith, Incorporated, Stanley Raubas, and Thomas Isaacs (Respondents) Case Number: 03-05635 Hearing Site: New York, New York Nature of Dispute: Customers v. Member and Associated Persons. REPRESENTATION OF PARTIES Claimants Gene Sypniewski IRA

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Lawrence E. Merenstein, Barbara E. Harmeyer, Barbara E. Harmeyer IRA, Lawrence E. Merenstein ERA, Lawrence E. Merenstein and Barbara E. Harmeyer JTWROS, and Lawrence E. Merenstein cust. for Louis Merenstein (Claimants) v. CIBC World Markets Corp. and John Sturges (Respondents) Case Number: 03-05633 Hearing Site: New York, New York Nature of the Dispute: Customers v. Member and Assoc

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: John J. O'Brien (Claimant) v. Morgan Stanley DW, Inc. and Edward MacNeil (Respondents) Case Number: 03-05625 Hearing Site: Boston, Massachusetts Nature of the Dispute: Customer v. Member and Associated Person. REPRESENTATION OF PARTIES Claimant John J. O'Brien ("O'Brien") hereinafter referred to as "Claimant": Arnold Rosenblatt, Esq., Cook, Little, Rosenblatt & Manson, PL

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Eugene L. Mueller Jr. and Ruth E. Mueller as Trustees for the Eugene & Ruth Mueller Family Trust of 1981 DTD 6/8/81, Claimants v. Goldman, Sachs & Co., Respondent Case Number: 03-05618 Hearing Site: San Diego, California Nature of the Dispute: Customers v. Member 1 REPRESENTATION OF PARTIES For Claimants: G. Mark Brewer, Esq. Brewer & Carlson, LLP La Jolla, California

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Brad Schiller, (Claimant) vs. Voss & Co., Inc., (Respondent) Case Number- 01-01597 Hearing Site: Washington, D.C. PFPRFSFNTATION OF Claimant, Brad Schiller, hereinafter referred to as "Claimant", represented himself Respondent, Voss & Co., Inc., hereinafter referred to as "Respondent": Ida Wurczinger Draim, Esq., Dickstein Shapiro Morin & Oshinsky LLP, Washington, D.C. Sta