We Seek Superior Performance through

    our Proprietary Methodology

    while considering both Financial as well

         as Corporate Sustainability issues

The Advisor believes that a corporate sustainability policy (where products, services and methods of operation consider opportunities and risks associated with economic, social and environmental issues) will benefit organizations and therefore shareholder value.

Carl M. Birkelbach is founder, chairman and chief executive officer of Birkelbach Management Corp., a Chicago-based money manager since 1974 and a registered investment advisor, and Birkelbach Investment Securities, Inc. (BIS) which has provided a full range of brokerage services to investors since 1978. BIS is a securities broker-dealer registered with the U.S. Securities and Exchange Commission and a member of the National Association of Securities Dealers Inc. (NASD). BIS provides safekeeping and execution services through its relationship with Pershing LLC, the world's leader in correspondent brokerage services.

Birkelbach Management Corp

208 SOUTH LASALLE STREET, SUITE 1442

CHICAGO, ILLINOIS 60604-1103
800.458.2358 (x 105); 312.853.2820 (Illinois); Email: CarlBIS@my-broker.com

Public Relations Consultant

E. William Hammons
(847) 577-1932
ewhammons@compuserve.com

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