10/24/2005

Fed Nomination

Hello:

As of this writing, the market is reacting favorably to the announcement that President Bush nominated
Ben Bernanke to replace Fed Chairman Alan Greenspan in January, subject to Senate approval. Mr. Bernanke has an impressive resume, and appears to have a similar philosophy to Mr. Greenspan, other than Mr. Bernanke tends to favor targets for inflation.

We thank you for your patience last week, while Terri was in Wharton studying and testing for her CIMA certification. We believe that this training will bring our service to our investors to the next level of excellence.

Terri G. Millson, CIMC President

Ray Dicius, CSA, GEPC LPL Branch Manager