Award NASD Dispute Resolution In the Matter of the Arbitration Between: Bryan J. Herta and Janette M. Herta, Claimants v. Donaldson, Luikin & Jenrette Securities Corporation n/k/a Pershing LLC, Respondent i i i Case Number: 03-05247 Hearing Site: Los Angeles, California Nature of the Dispute: Customers v. Member REPRESENTATION OF PARTIES For Claimants: Roger P. Sugarman, Esq. Kegler, Brown, Hill & Ritter Columbus, Ohio For Respon

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Jack R. and Diana Bonczynski, Stanley J. Cernoch, Harry G. and Rosemary R. Dinwiddie, jointly and for his IRA, Kenneth W. Frazier, Fred B. and Charlene Himburg, jointly and for his IRA, Kenneth T. and Linda M. Howell, jointly and for his IRA, Raymond Martin, James R. Poepsel, Bruce Simpson, Carolyn P. Simpson, Forrest G. Speer, Jess Maybin, and Eugene a

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant William M. Cooper Names of the Respondents Milestone Financial Services, Inc. Louis Ward Joseph C. Broyles John Bergen James Byrns Case Number: 03-05244 Hearing Site: New Orleans, LA Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For William M. Cooper, hereinafter referred to as "Claimant"

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Tom 1. McFerrin and Name of Respondent Merrill Lynch, Pierce, Fenner& Smith, Inc. Case Number: 03-05239 Hearing Site: Houston, Texas NATURE OF DISPUTE Customer v. Member Firm REPRESENTATION OF PARTIES Tom I. McFerrin ("Claimant") was represented by Russell C. Silverglate, Esq., Dickenson, Murphy, Rex and Sloan, Boca Raton, Florida.

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Jason E. Arndt and Julia M. Arndt, Claimants v. Prudential Securities Incorporated (n/k/a Prudential Equity Group, LLC), Wachovia Securities, LLC, and Wilton Wai Owyang, Respondents Case Number: 03-05238 Hearing Site: San Francisco, California Nature of the Dispute: Customers v. Members and Associated Person REPRESENTATION OF PARTIES For Claimants: Mitchell S. Ostwald

Stipulated Award NASD Dispute Resolution COPY In the Matter of the Arbitration Between: Hershel D. Harrod, Andrea L. Harrod and Betty A. Weiner, Claimants vs. Wells Fargo Investments, LLC, Wells Fargo Securities Inc., Daniel J. Grover and Julie Belton Fontani, Respondents Case Number: 03-05237 Hearing Site: San Francisco, California Nature of the Dispute: Customers vs. Members and Associated Persons REPRESENTATION OF PARTIES For Claimants: James

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05232 William M. Brown Living Trust, Claimant v. Ameritrade, Inc., Respondent. ATTORNEYS: Claimant, William M. Brown Living Trust, ("Claimant"), appeared pro se, Los Angeles, CA. Respondent, Ameritrade, Inc., ("Respondent"), appeared through their in-house representative, James J. Vihstadt, Bellevue, NE. NATURE OF DISPUTE: Customer v. Member ™ " DATE FILED: July 17, 2003 CASE SUMMARY

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Anthony and Andrea Apruzzese, Anthony Apruzzese IRA, Andrea Apruzzese IRA, Andrea V. Apruzzese c/f Laura Apruzzese, and Anthony Apruzzese c/f Laura Apruzzese (Claimants) v. A.G. Edwards & Sons, Inc., James J. Coughlin, and Randall G. Ferraro (Respondents) Case Number: 03-05228 Hearing Site: New York, New York Nature of the Dispute: Customers v. Member and Associated Persons.

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of Claimant Virgil Barber, on Behalf of His Individual Retirement Account vs. Names of Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. and Case Number: 03-05215 Joseph Churchill Wise Hearing Site: Houston, Texas NATURE OF CASE Customer vs. Member Firm and Associated Person REPRESENTATION OF PARTIES Virgil Barber, on Behalf of His Individua

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimants Wai-Fung Chang and Wen-En Chang Case Number: 03-05213 Name nf the Respondents Citigroup Global Markets, Inc. and David E. Lin. Hearing Site: Washington, DC Nature of the Dispute: Customers vs. Member and Associated Person. REPRESENTATION OF PARTTRS Claimants, Wai-Fung Chang and Wen-En Chang , hereinafter collectively referred to as "Clai