The products and services contained within this website are only intended for residents or entities of the United States where our firm is registered. Information contained herein is not meant or intended for persons or entities in any jurisdiction where such distribution or use would be contrary to the laws or regulations of that jurisdiction; or which would subject Bishop, Rosen & Co., Inc. to any registration requirements. Information or opinions contained herein does not constitute a solicitation or offer to buy or sell any security or financial instrument or provide investment advice.

1. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.
2. Supporting documentation for any claim (including any claims made on behalf of this options program or the technical expertise of the equity risk management employees) comparisons, recommendations, statistics or other technical data will be supplied upon request.
3. PLEASE REVIEW THE CURRENT OPTIONS DISCLOSURE THAT MAY BE OBTAINED FROM JASON WEISSMAN AT BISHOP, ROSEN & CO., INC., 100 BROADWAY, NEW YORK. NY 10005 OR DIRECTLY FROM OUR WEBSITE www.bishoprosen.com OR http://www.cboe.com/LearnCenter/Workbench/pdfs/CharacteristicsandRisksof StandardizedOptions.pdf

Before entering into, terminating, or taking any action with respect to any aforementioned strategy or transaction described in this presentation, brochure and website, each customer must make his or her own independent evaluation of any such transaction (including its suitability for the customer) and the risks involved. The customer must rely only upon advice from his or her own financial, legal, tax, accounting or other advisors. Neither Bishop Rosen nor the Equity Risk Management Division shall be liable for any loss resulting from reliance on any statement, view, recommendation or opinion provided by either of them or any other representatives or advisors in connection with any such proposed transaction.

Terms, prices and structures described in this presentation, brochure or website are subject to changing market conditions, are for illustrative purposes only, and do not constitute an offer or commitment. All prices are subject to market conditions. Historical data, past trends and past performance do not reflect or guarantee future trends or performance.

© 2006 JTWIDB Enterprises. All rights reserved.