New York Stock Exchange In the Matter of Arbitration Between . / NYSE Case: Mary Lee Farrior vs. Smith Bamey, Inc. Attomeys: For Claimant(s): Guy M. Bums Esq. - Tampa, FL For Respondent(s): Sean J. Coughlin Esq. - New Yori(, NY Date Filed: 04/13/1998 First Scheduled: 09/14/1998 Decided: 12/09/1998 Case Summary: Customer vs. Member Firm alleging failure to have security releases signed by Claimant fbr transactions and withdrawals

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Olivier Lectety v. Smith Bamey Inc. and Christine M. Ferrari Attorneys: For Clabnant(s): Olivter Lectory • Miami, FL For Respondent(s): Brian D. Elias Esq. - Miami, FL William A. HohauserEsq. • New Yoric, NY Date Filed: 04A)8/1996 First Scheduled: 09/16/1998 Decided: 09/16/1996 Case Summary: Customer claimant alteges unsuitabte investments in real estate, equity

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant RoyZurkowski and Case Number: 01-04072 Hearing Site: Troy, Michigan Names of Respondents Merrill Lynch Pierce Fenner & Smith, Inc. Eugene L. Valentine, John M. Bush, and Ernest W. Moegelin REPRESENTATION OF PARTIES Roy Zurkowski ("Claimant") was represented by Walter L. Baumgardner, Esq., Musilli, Baumgardner Wagner & Parnell, PC, St. Clair Shores

New York Stock Exchange in the Matter of Arbitration Between NYSE Case: Gruntal & Co., L.L.C. v. Davkl ZeNkoff Attorneys: For Claimant(s): Joseph A. Vado Esq. - New York. NY For Respondent(s): Oavid Zefikoff - Boca Raton. FL Davkl Zeiikoff - Delray Beach. FL Date Filed: 04A)7/1996 First Scheduled: 09/17/1996 Decided: 12/16/1998 Case Summary: Member fimi claimant alteges t>reach of emptoyment agreementand loan agreement, nonpaymentof

/ New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Mtohael Battagb v. VtatefhouseSecurWes Inc. Attomeys: For Ctalmantfs): Rtohard E. Brodsky PA - Mtami. FL For RMpondentfs): BradS. Maislrow Eaq. - New Yoik. NY Date Ried: 04/i3/i996 First Scheduled: 08«sn998 DecMed: 10/14/1998 Case Summary: Customer dalmam aleges negligwnoe regarding executton of trade for 4,000 shares of TalecommuntoacoetBnelleirasSA Sponso

New York Stock Exchange In the Matter of Arbitration Between y^ NYSE Case: Betty L Cornelius, indivklually and as the Personal Representative of the Estate of Ftorence M. Kari vs. Everen Securities, Inc. Attomeys: For Claimant(c): Philip J. Snyderburn Esq. - Winter Parit, FL For Respondeiit(s): Bruce Lewitas Esq. - Chtoago, IL Date Filed: 03/26/1998 First Scheduled: 12/03/1998 Decided: 12/04/1998 Case Summary: Representative of Estat

New York Stock Exchange In the Matter of Arbitration Between NYSE Case; Frank A. Pidala. individually and as Tmstee of ttte Frank A Pidala Pension Plan vs. Oppenheimer& Co., Inc. and Mnhaei Richards Attorneys: For Ciahnanl(a): Darryl R. Richards Eisq. - Tampa, FL For RMpond«nl(«): Joseph J. Smnvan Esq. - New York, NY Date Filed: D3/23/I99B First Scheduled: os/is/i998 Decided: 10/02/1996 Case Summary: Customeis vs. Mennber Fimi and Regist

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Pmdential Securities Inc. and Wexford Clearing Services Corp. v Spear, Leeds & Kellogg and J AS. Securities Attorneys: For Clalmant(s): Laura R. Silvers Esq. - New Yorit, NY For Respondeiit(s): Thomas J. McCabe Esq. - New Yoric, NY Date Filed: 03a8Ai998 First Scheduled: 09^7/1998 Decided: 10/09/1998 Case Summary: Claimanis allege that Respondentsfeiled to retum share

") ^ New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Geoffrey Z. Kosciuk and Ursula Koscluk v. Pacific Brokerage Sereices, Inc. Attomeys: For Claimants): Geoffrey Z. Kosciuk - Saint Joseph, Ml For Respondent(s): Michael Demma - Beveriy Hills. CA Date Filed: 03/10/1998 First Scheduled: Decided: 08/20/1998 Case Summary: Claimants allege that respondentimproperiy handled their equity options expiring "in the

New York Stock Exchange In the Matter of Arbitration Between J/ 1/ NYSE Case: Joseph Blaine Griffith, Jr. v. Gnjnfel & Co., Inc. Attorneys: For Clalmant(s): Mary-Jo Rebelo Esq. - Pittsburgh, PA For Respondent(s): Donald N. Cohen Esq. - New Yorit, NY Date Filed: 03/10/1998 First Scheduled: 08/20/1998 Decided: 12/01/1998 Case Summary: Claimant alleges that respondentbreached his employmentagreement,wrongfully terminated him without