Stipulated Award NASD .Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Volterra International Corp., Sergio Foschini Elizabeth Decastro Names of the Respondents Merrill Lynch, Pierce, Fenner and Smith, Inc. Soraya Batista-Garcia Case Number: 03-03482 Hearing Site: Boca Raton, Florida Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Volterra Interna

Award NASD Dispute Resolution In the Matter of the Arbitration Between: David Matthew Ferris (Claimant) v. Thomas Weisel Partners, LLC (Respondent) Case Number: 03-03476 Hearing Site: New York, New York Nature of the Dispute: Associated Person v. Member. REPRESENTATION OF PARTIES Claimant David Matthew Ferris ("Ferris") hereinafter referred to as "Claimant": John R. Climaco, Esq., Climaco, Lefkowitz, Peca, Wilcox & Garofoli, Co., LPA, Cleveland, OH.

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Irene Hanna and Names of Respondents Merrill Lynch Pierce, Fenner & Smith, Inc., Merrill Lynch, and Nicholas G. Vassilakis Case Number: 03-03474 Hearing Site: Southfield, Michigan NATURE OF DISPUTE Customer v. Member, Non-Member, and Associated Person REPRESENTATION OF PARTIES Irene Hanna ("Claimant") was represented by Anthony V. Trogan, Esq.

AWARD NASD Dispute Resolution la the Matter of the Arbitration Between Claimant RBC Dain Rauscher, Inc. v. 03-03473 Minneapolis, Minnesota Respondent James F. Rennie Nature of Dispute: Member v. Associated Person REPRESENTATION OF PARTIES RBC Dain Rauscher, Inc. ("Claimant") was represented by Courtney M. Rogers, Esq., of Lindquist & Vennum, PLLP, Minneapolis, Minnesota. James F. Rennie ("Respondent") did not appear. CASE INFORMA

V* * STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants and Yellow Ribbon, Inc. . v. 03-03468 Denver, Colorado Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. and Stephan D. Papasoff Nature of Dispute: Customers v. Member and Associated Person REPRESENTATION OF PARTIES Estate of Robert P. Kunkel, DeAnn T. Gaeth-Kunkle and Yellow Ribbon, Inc. ("Claimants") were ^^ represented by Jam

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Jackson Boeder and Case Number: 03-03466 Hearing Site: Omaha, Nebraska Names of Respondents Piper Jaffray & Co. f/k/a U.S. Bancorp Piper Jaffray, Inc; Wachovia Securities, Inc. f/k/a Principal Financial Securities, Inc., Everen Securities, Inc., and First Union Securities, Inc.; and Terrel L. Beckwith NATURE OF DISPUTE Customer v. Member Firms

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 03-03462 UBS PaineWebber, Inc. Name of the Respondent Hearing Site: Tampa, Florida John P. Kane Nature of the Dispute: Member vs. Associated Person. REPRESENTATION OF PARTIES For UBS PaineWebber, Inc., hereinafter referred to as "Claimant": Brent A. Burns, Esq., Davidson & Grannum, LLP, Northvale, New Jersey. John P. Kane, hereinafter re

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Jon Alan Siwik Claudia T. Siwik Jon Chad Siwik Todd Alan Siwik Names of the Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. David Wisehaupt Case Number: 03-03461 Hearing Site: Boca Raton, Florida Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Jon Alan Siwik ("J.A. S

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Dominick and Angelina Casamassina, JTWROS Names of the Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. Alan Gladstone Case Number: 03-03460 Hearing Site: Boca Raton, Florida Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Dominick and Angelina Casamassina, JTWROS, hereinafter refe

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Nathan Mark Shilberg, Claimant v. Salomon Smith Barney, Inc. n/k/a Citigroup Global Markets, Inc. and James H. Barnes, Respondents Salomon Smith Barney, Inc. n/k/a Citigroup Global Markets, Inc. and James H. Barnes, Third- Party Claimants v. Sidney and Pearl Shilberg, Third-Party Respondents Case Number: 03-03455 Hearing Site: San Diego, California Nature of the Disputes: Customer v