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LONG OR SHORT(S) EQUITIES 03 03 03 37,594 (S) ALLERGAN INC *CSFB RATING 100.00000 :NEUTRAL INDEPENDENT RATING:4 STAR - Accumulate PROVIDER:Standard & Poor's 17,250 (S) AMERICAN FINL GROUP INC *CSFB RATING 9,955 (S) AMGEN *CSFB RATING :NEUTRAL INDEPENDENT RATING:5 STAR - Buy PROVIDER:Standard & Poor
DEPENDENT RATING:Not Shown PROVIDER:Standard & Poor's 26.63000 :NEUTRAL INDEPENDENT RATING:2 STAR - Avoid PROVIDER:Standard & Poor's 26,100 (S) FRANKLIN RESOURCES INC 98,300 (S) GENERAL MOTORS *CSFB RATING :OUTPERFORM INDEPENDENT RATING:2 STAR - Avoid PROVIDER:Standard & Poor's 70,080 (S) HCC INSURANCE HOLDIN
NC *CSFB RATING 55,567 (S) CMS ENERGY CORP 8,670 (S) CSX CORPORATION *CSFB RATING 92.05000 :NEUTRAL INDEPENDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's 34.50000 36.16000 :NOT RATED INDEPENDENT RATING:3 STAR - Hold PROVIDER:Standard & Poor's 16.10000 43.93000 :NEUTRAL INDEPENDENT RATING:3 STA
unt *** ALL AMOUNTS IN US DOLLAR *** PORTFOLIO TYPE 03 03 03 03 03 03 03 03 03 03 03 03 03 01 01 01 LONG OR SHORT(S) 26,100 (S) FRANKLIN RESOURCES INC 98,300 (S) GENERAL MOTORS *CSFB RATING 80.44000 34.19000 :OUTPERFORM INDEPENDENT RATING:1 STAR - Sell PROVIDER:Standard & Poor's 66,560 (S) H
03 03 03 03 01 03 03 33,109 (S) ALLERGAN INC *CSFB RATING 6,070 (S) AMGEN *CSFB RATING :NEUTRAL INDEPENDENT RATING:5 STAR - Buy PROVIDER:Standard & Poor's 22,400 (S) AMYLIN PHARMACEUTICALS INC 253 (S) BARNES GROUP INC 12,523 (S) CBRL GROUP INC *CSFB RATING 58,167 (S) CMS ENERGY CORP 8,974 (S) CSX
dard & Poor's 70,651 (S) DUKE ENERGY CORP *CSFB RATING 26.48000 :Restricted INDEPENDENT RATING:Not Shown PROVIDER:Standard & Poor's 26,100 (S) FRANKLIN RESOURCES INC 98,300 (S) GENERAL MOTORS *CSFB RATING :OUTPERFORM INDEPENDENT RATING:1 STAR - Sell PROVIDER:Standard & Poor's 66,560 (S) HCC INSURANCE HOLDING
03 03 03 03 03 28,190 (S) ALLERGAN INC *CSFB RATING 9,740 (S) AMGEN *CSFB RATING :NEUTRAL INDEPENDENT RATING:4 STAR - Accumulate PROVIDER:Standard & Poor's 20,400 (S) AMYLIN PHARMACEUTICALS INC 253 (S) BARNES GROUP INC 14,570 (S) CBRL GROUP INC *CSFB RATING 58,167 (S) CMS ENERGY CORP 8,820 (S) CSX
T RATING:4 STAR - Accumulate PROVIDER:Standard & Poor's 29.17000 :Restricted INDEPENDENT RATING:Not Shown PROVIDER:Standard & Poor's 26,100 (S) FRANKLIN RESOURCES INC 98,300 (S) GENERAL MOTORS *CSFB RATING :OUTPERFORM INDEPENDENT RATING:1 STAR - Sell PROVIDER:Standard & Poor's 66,560 (S) HCC INSURANCE HOLDING
Entities connected to both Standard & Poor's and FRANKLIN RESOURCES INC

Deutsche Bank
ORGANIZATIONCMS ENERGY CORP
ORGANIZATIONthis Independent Research
ORGANIZATIONIndependent Third Party
ORGANIZATION
Julie K. Brown
PERSONFIRST BOSTON LLC
ORGANIZATIONCHENIERE ENERGY INC
ORGANIZATIONCBRL GROUP INC
ORGANIZATIONUNISOURCE ENERGY CORP CVT
ORGANIZATION
Nintendo
ORGANIZATION
NEW YORK NY
LOCATIONPPL ENERGY SUPPLY LLC
ORGANIZATIONVORNADO REALTY TR
ORGANIZATIONCELGENE CORP CVT
ORGANIZATIONS) UNISOURCE ENERGY CORP HLDG CO
ORGANIZATIONCSX CORP BOND CVT
ORGANIZATIONS) PPL CORP
ORGANIZATIONHCC INSURANCE HOLDINGS INC
ORGANIZATIONFRANKLIN RES INC SR LYON
ORGANIZATIONChristopher Steele
PERSON