Stipulated Award NASD In the Matter of the Arbitration Between: Name of the Claimant Case Number: Seymour Newman 01 -03716 Names of the Respondents Hearing Site: Salomon Smith Barney, Inc. and Bruce I. Gould Boca Raton, FL REPRESENTATION OF PARTIES For Seymour Newman, hereinafter referred to as "Claimant": Darren C. Blum, Esq., Law Offices of Darren C. Blum, P.A., Plantation, FL. For Respondents Salomon Smith Barney, Inc. ("SSB") and Bruce I. Go

i NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Aaron Schecter v. Merrill Lynch, Pierce, Fenner & Smith, Inc., and Merrill Lynch & Co., Inc. Docket Number: 2004-015363 Attomeys: For Claimant(s): Kevin E. Love - Coral Gables, FL For Respondent(s): Bonnie L. Altro - New York, NY DateFiled: 4/29/2004 First Scheduled: 03/29/2005 Decided: 4/22/2005 Case Summary: Customer claimant alleges breach of con

••NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Carla Tate v. Salomon Smith Barney Docket Numben 2004-015288 Attomeys: For Claimant(s): Celeste Chiaramonte Kingwood, TX For Respondent(s): Robert N. Rapp - Cleveland, OH Date Filed: 4/14/2004 First Scheduled: 05/09/2005 Dedded: 6/27/2005 Case Summary: Customer, claimant, alleges that respondent breached its fiduciary duty and contract, failed to su

• NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Margaret Glennan vs. Salomon Smith Bamey, Inc. Docket Number: 2004-015237 Attomeys: For Claimant(s): James R. Tourtellotte, okl^hom^ City, OK For Respondent(s): Etta M. Gumbs - New York, NY Date Filed: 4/8/2004 First Scheduled: 03/09/2005 Decided: April 14, 2005 Case Summary: Customer v. Member Firm alleging violations of SRO rules and securities laws, negligence,

• NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Prudential Equity Group, LLC f/k/a Pmdential Securities, Inc. v. Steven Barsolona Docket Numben 2004-015200 Attorneys: For Claimant(s): Jennifer Woods-Burke - Cranford, NJ For Respondent(s): Steven Barsolona - Middletown, NJ Date Filed: 3/24/2004 First Scheduled: 06/28/2005 Dedded: 6/28/2005 Case Summary: Claimant member firm alleges respondent former employee,

• NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Deborah Duddey v. Merrill Lynch Pierce Fenner & Smith Docket Number: 2004-015194 Attomeys: For Claimant(s): Debra Brewer Hayes - Kingwood, TX For Respondent(s): Corey N. Cutter - Atlanta, GA Date Filed: 3/11/2004 First Scheduled: 4/15/05 Decided: 4/15/05 Case Summaiy: Customer Claimant alleges unsuitability, failure to diversify, failure to hedge,

( i NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Constance Vemtes v. Citicorp Investment Services, f k.a. Salomon Smith Bamey, Inc. Docket Number: 2004-015165 Attomeys: For Claimant(s): Debra Brewer Hayes - Kingwood, TX For Respondent(s): Jeiuiifer Sendor - Long Island City, NY Date Filed: 3/11/2004 First Scheduled: 4/30/05 Decided: . ,, ^ ,«, 4/14/05 Case Summary: Customer Claimant alle

I NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Lehman Brothers Inc. v. Dannon Blea Docket Number: 2004-015123 Attomeys: For Claimant(s): Elizabeth L. Morton - Denver, CO For Respondent(s): Dannon Blea - Las Vegas, NV Date Filed: 3/5/2004 First Scheduled: 04/26/2005 Dedded: 04/26/2005 Case Summaiy: Member Firm Claimant alleges breach of contract and non-payment of promissory note. Product: Promis

• NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Olice O. Lucas and Joyce Lucas vs. Salomon Smith Barney, Inc. Docket Numben 2004-015106 Attomeys: For Claimant(s): Celeste Chiaramonte For Respondent(s): Douglas R. Jennings Kingwood, TX Columbus, OH Date Filed- 2/3/2004 First Scheduled: 05/24/2005 Dedded: 06/09/2005 Case Summary: Customer claimants allege negligence, misrepresentations, unsuitabili

i NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Ayn Denise Morehead and Gary Wade Morehead v. Salomon Smith Bamey, Inc., and Robert A. Cunningham Docket Number: 2004-015045 Attomeys: For Claimant(s): Andrew J. Waldron - Oklahoma City, OK For Respondent(s): Michael C. Farkas - New York, NY Date Filed: 2/9/2004 First Scheduled: 04/12/2005 Decided: 04/26/2005 Case Summary: Customer Claimants allege