Quarterly Maintenance Fee Plan proposed at the start of 2005 is delayed; Expiration date is extended for the current Special Free Trade Promotional Offer

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The implementation of HedgeStreet's proposed Quarterly Maintenance Fee Plan (the "Plan") has been delayed to a new effective date of July 1, 2005. As stated, the fee under the new Plan will be charged to all members on a quarterly basis only if the member has not executed at least three (3) trades during that particular quarter.

The current Special Free Trade Promotional Offer (the "Promotion") grants participating HedgeStreet Members free trades over a period of 30 calendar days (to commence upon the time that the member's funds have been deposited for the first time, settled into their account, and such funds are deemed available for use towards trade). Members are eligible for this Promotion as long as their respective HedgeStreet accounts are initially funded within the period commencing January 31, 2005 through the end of business on a new expiration date extended (from March 31, 2005) to June 30, 2005 ("Promotion Period"). All settlement fees will still apply and members with existing funded accounts (prior to the Promotion's commencement date) are not eligible to participate in this Promotion. Click here to view the terms of the Promotion.

Should you have any questions or require further information, please contact the Compliance Department.