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                    <td background="" bgcolor="#ffffcc" width="276"><div align="center"><font size="2" face="Arial, Helvetica, sans-serif"><span style="vertical-align: middle; width: auto; color: rgb(0, 0, 0); font-weight: bold;" #invalid_attr_id="center"><br>
                      Introducing</span></font><span class="style55"><br>
                      </span><span style="vertical-align: middle; width: auto; color: rgb(0, 0, 0);" #invalid_attr_id="center"><font size="4" face="Arial, Helvetica, sans-serif"><strong>HedgeLender Nonrecourse<br>
  Stock Backed HedgeLoans </strong></font></span><font face="Arial, Helvetica, sans-serif" size="4"><br>
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  <span style="vertical-align: middle; width: auto; font-style: italic; font-weight: bold; color: rgb(204, 0, 0);" #invalid_attr_id="center"><font face="Arial, Helvetica, sans-serif" size="3"><strong><em>Fast </em></strong></font></span><em><strong><font size="3" face="Arial, Helvetica, sans-serif"><span class="style1">Stock Loan Cash<br>
   Maximum LTV Without a Sale</span></font></strong></em></div>
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                        <p class="style44"><strong><font size="3" face="Times New Roman, Times, serif">HedgeLoans - nonrecourse loans collateralized by bonds or stocks hedged through investment grade, private counterparties - are available for stocks in the United States and many foreign markets. </font></strong></p>
                        <p class="style76"><font face="Times New Roman, Times, serif" size="3"><span class="style47"><strong><font color="#330099">There's a HedgeLoan stock loan program for your stock portfolio</font></strong></span><font color="#330099"><strong>.</strong></font> <br>
    We have a range of programs tailored to most every type of stock, from pink sheets to blue chips. </font></p>
                        <p class="style76"><font face="Times New Roman, Times, serif" size="3"><span class="style50"><strong><font color="#330099">Customize your HedgeLoan stock loan!</font></strong> </span>Choose from among our full featured, nonrecourse programs with up to 90% loan-to-value and low interest rates. Interest may accrue or be paid quarterly. </font></p>
                        <p class="style52 style76"><font face="Times New Roman, Times, serif" size="3"><strong>Want to see what sort of HedgeLoan your stocks qualify for? </strong>Just fill out our no-obligation <a href='http://hedgelenders.com/080E1813101017005F13161F1B1C32021D0106171E5C1D00150E4B4A4544400E4B420E400E414345444B40430E08.aspx'>Online Quote Request Form </a>or simply <a href="mailto:support@hedgelender.com">drop us an e-mail </a>and let us know. (Questions always welcome at HedgeLender)... You can also give us a call 24 hours/day in Reston, VA at <strong><span class="style53"><font color="#FF0000">1.703.251.4818</font></span> or <span class="style53"><font color="#FF0000">1.800-244.7616 </font></span></strong><span class="style53"><font color="#000000">for fast, friendly service .</font></span></font></p>
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                                    <span class="style76"><font size="3"><span class="style53"><strong><font color="#330099" face="Times New Roman, Times, serif">Open to foreign stocks and stock owners.</font></strong></span><font face="Times New Roman, Times, serif"> Valid borrowers from outside the U.S. may receive their loan funds
in U.S. or local currency, provided that all actions and steps are in
compliance with the U.S. Patriot Act and local national law and
regulation. (Clients from countries under U.S. State Department embargo
or other economic or political sanction are not eligible for
HedgeLender financing. </font></font></span></p>
                            <p><span class="style76"><font size="3" face="Times New Roman, Times, serif"><span class="style47"> <font color="#000099"><strong>Avoid selling; </strong></font>Obtain cash against your stocks without having to part with them. Retain beneficial ownership at all times. </span></font></span></p>
                            <p><font size="3" face="Times New Roman, Times, serif"><strong><font color="#330099">Use of Proceeds.</font></strong> Use your loan proceeds for most any legal purpose other than the repurchase of marginable securities. </font></p>
                            <p><font face="Times New Roman, Times, serif" size="3"><span class="style76"><span class="style51"><strong><font color="#000099">Secure, proven, trusted</font></strong><font color="#000099">. </font></span>HedgeLender has earned a reputation for security, compliance, and service in the hedged portfolio equities industry. </span></font></p>
                            <p><font face="Times New Roman, Times, serif" size="3"><span class="style76"><font face="Times New Roman, Times, serif" size="3"><span class="style50"><strong><font color="#000099">Fast funding in a matter of days</font></strong></span><font color="#000099"><strong>...</strong></font> as few as three days cash wires in many cases. </font><br>
                                    <br>
                                    <strong><font color="#000099">Experienced.</font> </strong>HedgeLender is the oldest continuous provider or HedgeLoan stock loan financing in the United States. </span></font></p>
                            <p><font size="3" face="Times New Roman, Times, serif"><strong>Want to visit our website?</strong> Just go to <a href='http://hedgelenders.com/080E1813101017005F13161F1B1C32021D0106171E5C1D00150E4B4A4544400E4B420E400E414345444B46460E08.aspx'><font color="red"><b>MailScanner has detected a possible fraud attempt from "hedgelenders.com" claiming to be</b></font> http://www.hedgelender.com </a>and learn more about what HedgeLoan stock loan finance can do for you. </font></p>
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          <p class="style11" align="center"><span class="style22"><font face="Arial, Helvetica, sans-serif" size="2">Copyright 2005 &#169; HedgeLender Corporation, Inc. 1-800-244-7616. All rights reserved.</font></span><br> 
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                    <p><font face="Arial, Helvetica, sans-serif" size="1">HedgeLoan(sm)
is a proprietary mark of HedgeLender Corporation, Inc. a registered
Delaware corporation. HedgeLender Corporation is a provider of
securities liquidity service information services for individual and
institutional clients, and does not offer any form of investment (buy
or sell), tax counseling, estate planning, or any other securities,
equities, or other financial advice whatsoever. No information or
statement by any HedgeLender associate, representative, or staff shall
be construed as such advice. Resolution of any potential legal or tax
issues involving HedgeLoan financing should be carried out by the
licensed attorneys, accountants or other professional advisors of each
individual client. More information on current closed transactions by
HedgeLender Corporation available by request. To be removed from future
mailings please <a href="mailto:support@hedgelender.com">reply to this email</a> with the word "remove" in the subject line. We apologize for any inconvenience for misdirected emails. </font></p> 
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