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st/wit secure (ncludng drect Partririaten Ornarn and real estate nveatmert trust securities) and structured mock.r.ls we genisaly highly illiquid Celan structured prod-cis have not been registered with the Seanties and Ex(h e ar ge Commission or under any state securitiesraws We provide estmated ra
edam' amounts. - An estinate of armaked home (divided ands interest) divided by the tureen made vanlarerage balance is based on 0e last dnidend a Merest payment made by the issuer and assures ti sercuentiesideponts will be held fer one year from the statement dale or trite mainly Accuracy and onion
nd curried yield aid the actual ncorne and yield might be lamer ce hither than the estinamd amounts. An estinate of rewarmed income (dividend ado Merest) dialed by the urea market rake:lawne balance is based on the last dnidend a intenesl payment made by the MUd rid assumes the sometime deposits wi
date or trot maturity This <strait is only a qui:kart accuracy ad continued ',cane are rut gurareeed — Est: Toted anal income and anent yield for Celan types of sautes could rade a relvn of Foncesal or capital gains it PIM case the est imam Card current yek9 would be overstated. — Estimated trail
Money Fund may be liquidated, a-d the proceeds retuned to you a your secures arrant. Father rioimaron about available ramp options, inckdag cement Merest rates and yields, it available at ..AVA/7$ corrisweepyilck horn your Francial Advisor or by eating 800-7624000. UPS Financial Senior amount protec
nom rummer* "Nunes (et ladrg drat panicipathn program aid real estate investment hat seosilis) and structured prolocts are generalb highly tided. Celan addend pred_cts have not been registered with the Steatites and Exdurge Commoskin or under any state secuntieTaws. Wit Provide egmated Value, for p
98. 10425. etc) when prepawg your lax return. The Finn required by law to rum to the IRS all tamable &eidetic% report/kb non-ruble &Mena and tsxtk Merest end an smarts held nyous atcant, nee pane on see travadens, ad cost basin:nal-lain covered skulks Czeanalaellans with the Flan • Please reicordi
ate minima, sear non (ex Isir* (*red participati:n program and real *gate investment hist *otitis) and structred proixts are gmeral& highly Mkpid. Celan stnstesed racists have not been regotered with the Seeuribe, and Etch Commeseas ce under wry slate seeuritia:r eva. We Provide estmated values for
of a Money Fund may be liquidated, ad the proceeds aimed to you a your seamen accant. Finhef deaden about available wimp options, incleSng anent Merest rates and Mktg, 6 available at wwvyabs from your Financial Advisor or by calli-g UPS Iffnamial Senior wag pretectien The Fa it a member of to St
oyale rroolmert war las (ex bin) (*red panicipati:n program and real estate investment IASI swishes) and structred proirts are weak, highly druid. Celan anstised racists have not been regetered with the Securitees and Exch Commissar, ce under ry slate secure:tn. We amide gamete(' values foe private
0425. etc >Mien prepamg your lax return. The tam 5 required by law to reran to the IRS all taxable addends, reportable rantaabk clatittsna and uxtk Merest end an steadies held n yea axant nee proceeds on see tramadiss, rd cod basian attain covered mantis Ceeetintsticiaticins with the Pima • Pleases
s. More saiestmort wardies (ialdig dyed pankipatith program and real estate investment vuo washes) and amassed proiths are gencralg highly fined. Celan goateed proixts have not been regetered with the Securities and ExchlTa Commesian ce under wry state sesuntie ivs. Wt ;forth estmated yak*, for pi
of a Money Fund may be liquidated, ad the proceeds returned to you or you seaman acocult. Fan Holman about available swam *pions, inckding anent Merest rates and Weld 6 available at gratin corrisweemmIck from your Francial Advisor or by eating 800-762-1000. UPS Randal Service' account protection
ivate investment smarties (ix Isding dress patsipalM prayers and real estate investment trust securities) and structeed vadat, are generaly thowid Celan steamed peones hive not been revered with the Securities and Exchange Commission a under any gate securities laws. We ;sondees:noted vetoes for pe
ncalk less than the riTISreed value shown • Eat. Datinzum0 income, current yid* and retro. An +limit* of armal imam is based on curers dader4 and Merest rates, assuming the secatnes will be held for one year from statement date or teal maturity This estname is only a guideline. accuracy and ,ermine
ivate metro* secure in (nclair9 drat pankipatisn program ad realestate investment hist seositis) and struclued procbcts are general& highly 14tid. Celan sans-tired pads% have not been regotered with the Securities and Each Commission ce undo. ay slate secure:Taws. We crarde thilmated Ulm for privat
a Money Fund may be liquidated, ad the goods returned to you a your seorein account. hater ilem's:an about available swop *pions, inckedng anent Merest rates and deter; i available at wynembs wise frorn your Fruncial Advisor or by eating LES Financial Sender semen potation The Firer 6 a member o
tate noestmere atar nos (robing erect participation program and realestate investment mist sautes) and structred tins are gm-walk, highly ificuid. Celan strutted prolits have not been regotered with the Returnees and E.derge Commission ex under wry state sereuntiews. We amide estmated am for privat
ley Find maymaybe liquidated, ad the proceeds retuned to you a your seam* aco:ert. hasher iriormatOn about available sweep *pions, inckding cement Merest rates and yield , i available at wwweinoorrinveemielt, from your Fruncial Advisor or by callng 800-762-1000. ISI Itantial Service' wan potation T
tie supplemental prambon both do not Sento • (wardnanal **IS controlled MOM ended nmur account vibe) but hell away from util$Finalizial lemon (.9 Celan (kat ZUBS Bark (i)ca;h PUSS AG Stamford brands. (a) mutate pantt rickwg noble null ad On shins of mutual Ian More sun maws re ng breed *WY n the
ley Find maymaybe liquidated, ad the proceeds retuned to you a your seam* aco:ert. hasher iriormatOn about available sweep *pions, inckding cement Merest rates and yield , i available at wwweinoorrinveemielt, from your Fruncial Advisor or by callng 800-762-1000. ISI Itantial Service' wan potation T
Entities connected to both Celan and Merest

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Vicky Ward
PERSONRussell 3000
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George W. Bush
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Condoleezza Rice
PERSONDoug Band
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UBS AG
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Joi Ito
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Stanford University
LOCATIONUPS AG
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Mao Zedong
PERSONWeehawken
LOCATIONCayman
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LOCATIONLOS AG
ORGANIZATIONBank USA
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ORGANIZATIONSCOTT STACK
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