TRACK RECORD OF FTSE MARKET ALERTS Fourth Quarter 2000 updated Jan 2, 2001 Buy Index Sell Index Points % Gain Points % Gain Cumulat. Date Value Date Value Gained for Gained for Gain % for Buying for Selling Buying Selling Bf last quarter : 5951 89.00 89.00 Sept 28 6263 -72 89.00 -1.15 87.85 Oct 4 6335 Oct 6 6400 65 1.03 282 88.88 4.41 93.28 Oct 11 6118 Oct 12 6150 32 0.52 0 93.81 0.00 93.81 Oct 13 6150 Oct 16 6286 136 2.21 87 96.02 1.38 97.40 Oct 19 6199 Oct 24 6413 214 3.45 35 100.85 0.55 101.40 Oct 27 6378 Nov 2 6471 93 1.46 50 102.86 0.77 103.63 Nov 7 6421 Nov 8 6477 56 0.87 137 104.50 2.12 106.62 Nov 14 6340 Nov 16 6469 129 2.03 220 108.65 3.40 112.05 Nov 24 6249 Nov 29 6313 64 1.02 136 113.08 2.15 115.23 Dec 1 6177 Dec 6 6296 119 1.93 19 117.16 0.30 117.46 Dec 7 6277 Dec 14 6349 72 1.15 99 118.61 1.56 120.17 Dec 18 6250 Dec 20 6177 -73 -1.17 33 119.00 0.53 119.53 Dec 22 6144 Dec 29 6191 47 0.76 120.30 Totals 6905 104.27 1026 16.02 120.30 Total Index Points Gained This Quarter : 1980 Points Total % Gained This Quarter : 31 % Cumulative Index Points Gained This Year 7931 Points Total % Gained This Year : 120 % Year : 118 % Performance of last transaction when marked to market: Total Index Points Gained : 73 Points Total % Gained : 1 %