STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Karen Douma and Names of Respondents Piper Jaffray & Co. f/n/a U.S. Bancorp Piper Jaffray Inc., and Wayne Erwin Davis Case Number: 04-00988 Hearing Site: Omaha, Nebraska NATURE OF DISPUTE Customer v. Member Firm and Associated Person REPRESENTATION OF PARTIES Karen Douma ("Claimant") was represented by Thomas S. Reavely, Esq., W

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Daniel Buhalis and Respondents UBS Financial Services, Inc. f/k/a UBS PaineWebber, Inc. and Gregory R. Wright Case Number: 04-00987 Hearing Site: Southfield, Michigan NATURE OF DISPUTE Customer v. Member and Associated Person REPRESENTATION OF PARTIES Daniel Buhalis ("Claimant") was represented by Joseph A. Ahearne, Esq., Stark Reagan, P.C., T

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Marilyn Patryla as Trustee of the Julia D. Noel Trust, and as guardian at litem for Julia Noel, an individual, Claimants v. Salomon Smith Barney Inc. n/k/a Citigroup Global Markets, Inc., Gene Stone a/k/a Chip Stone, and Toni Beck, Respondents Case Number: 04-00981 Hearing Site: Los Angeles, California Nature of the Dispute: Customers v. Member and Associated Persons REPRESENTATION

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 04-00976 Kay A. Miller Names of the Respondents Hearing Site: Boca Raton, FL Merrill Lynch, Pierce, Fenner & Smith, Inc. Thomas Anthony Keiser Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Kay A. Miller ("Miller"), hereinafter referred to as "Claimant": Jan Douglas Atlas, Esq. and

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Case Number: 04-00974 Eugene and Jeanette Craig Name of the Respondent Hearing Site: Atlanta, Georgia A.G, Edwards & Sons, Inc. Nature of the Dispute: Customer vs. Member. REPRESENTATION OF PARTIES For Eugene and Jeanette Craig, hereinafter referred to as "Claimants": J. Michael Bishop, Esq., Gard Smiley Bishop & Dovin, LLP, Atlanta, Georgia. For A

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-00967 Catherine Copeland IRA, Claimant v. Legg Mason Wood Walker, Inc., George Ellis McDowell, Sr., Patrick J. Turner, Respondents. ATTORNEYS: Claimant, Catherine Copeland IRA, ("Claimant"), appeared pro se, Campobello, SC. Respondents, hereinafter collectively, "Respondents": For Respondent Legg Mason Wood Walker, Inc., ("Legg Mason"), appearedD. Larry Kristinik, Esq., of the firm Nelso

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Alan Frishman (Claimant) v. Moors & Cabot, Inc. (Respondent) Case Number: 04-00966 Hearing Site: New York, New York Nature of the Dispute: Customer v. Member. REPRESENTATION OF PARTIES Claimant Alan Frishman ("Frishman") hereinafter referred to as "Claimant" appeared pro se. Respondent Moors & Cabot, Inc. ("Moors & Cabot") hereinafter referred to as "Respondent": Sander A. R

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 04-00958 JoAnne McCuller-Davis Names of the Respondents Hearing Site: New Orleans, LA American Express Financial Advisors, Inc. Johnny R. Jones Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For JoAnne McCuller-Davis, hereinafter referred to as "Claimant": Milton Fried, Esq., Woska &

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Shirley Brumberger, individually, and as personal representative of the Estate of Joseph Brumberger Names of the Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. Ralph Byer Robert Sauer Yvonne Smith Case Number: 04-00957 Hearing Site: Boca Raton, Florida Nature of the Dispute: Customer vs. Member and Associated Person. R

Award NASD Dispute Resolution In the Matter of the Arbitration Between: William S. Calvert, Claimant v. Goldman, Sachs & Co., Respondent Case Number: 04-00952 Hearing Site: Los Angeles, California Nature of the Dispute: Associated Person v. Member REPRESENTATION OF PARTIES For Claimant: For Respondent: Rodney J. Heggy, Esq. Fedennan & Sherwood Oklahoma City, Oklahoma Nipole A. Barrett, Esq. Sullivan & Cromwell LLP New York, N