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THROUGH March 31.2004 ACCCUNT NUMBER TAXPAYER POWER On File LAST STATEMENT Fewest)/ 27.2004 SETTLE

Steams Securities Corp, obtains excess SIPC protection changed to Customer Asset Protection Company MAPCO", a New York licensed insurance company. CAPCO has an A-i- financial strength rating from Standard and Pools. End of Statement Bge BOR. Szea•ns SON944 GNP Ore Metsoiech Canto North Reckron.

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teams Securities Corp. obtains excess SIPC protection changed to Customer Asset Protection Company FCAPC0'). a New York licensed insurance company. CAPCO has an A. financial strength rating from Standard and Pools. Bee The Firm believes it Is ol the utmost importance that clients who purchase or ho

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Steams Securities Corp. obtains excess SIPC protection changed to Customer Asset Protector) Company CCAPCCX). a New York kCenSed insurance company. CAPCO has an A— financial strength rating from Standard and Pm's. End of Statement CLEARED Meath ITS ANCe.LY C.r.tb SuSSOORY Ser. Stern Secular Cry O

DENOD WE 29.2004 TWICUCIM lune 30.2004 ACCOUNT POWER TWNAVER NAMER On fie LAST STATIVAIDC May ze.

Steams Secwities Corp. obtains excess SIPC protection changed to Customer Asset Protection Company ("CARCO% a New York licensed instance company. CAPCO has an A+ financial strength rating from Standard and Poor's. End of Statement CUOMO 11010u0n ITS SOOLLo INME0 SUSSICUJIY W. Munn Stone. Cop. C

THROW* DOCArtEr 31. 2003 ACCEANT WARM TAXPAYER POWER On EAR LAST STATER/EAR November 28. 2003 , nn

hrough a commercial insurer. Effective February 16. 2004. the convnercial insurer for Excess SIPC will change to Customer AsSet Protection Company (CAPCO), a licensed New York insurance company. Account protection applies when a SIPC member firm fails financially and is unable to meet its obligations