For your safety and convenience, our clearing firm is Pershing, a part of BNY Securities Group and a subsidiary of The Bank of New York which is a member of the New York Stock Exchange. In addition, securities and cash awaiting reinvestment held in custody by Pershing receive the highest level of account coverage in the marketplace today.

Contact Us

We are pleased to announce that we will be moving offices. Effective March 31, 2008, our new address is:

Spencer Clarke LLC
545 Fifth Avenue, 6th Floor
(At 45th Street)
New York, NY 10017

Our phone numbers and email addresses will remain unchanged.

Map & directions

Tel: 212-446-6100
Fax: 212-446-6191

info@spencerclarke.com

Affiliated Company

Spencer Clarke Ltd
1st Floor
21 Dartmouth Street
London
SW1H 9BP
United Kingdom

Tel: +44 (0)207 193 8623
Fax: +44 (0)207 855 0283

Authorised by the Financial Services Authority

Published Spencer Clarke LLC Research

To learn more about our research and what it can do for you please e-mail Michael Sheldon at: research@spencerclarke.com.

Employment Opportunities

For all employment inquiries contact us at: jobs@spencerclarke.com.





For your safety and convenience, our clearing firm is Pershing, a part of BNY Securities Group and a subsidiary of The Bank of New York which is a member of the New York Stock Exchange. In addition, securities and cash awaiting reinvestment held in custody by Pershing receive the highest level of account coverage in the marketplace today.	Contact Us We are pleased to announce that we will be moving offices. Effective March 31, 2008, our new address is: Spencer Clarke LLC 545 Fifth Avenue, 6th Floor (At 45th Street) New York, NY 10017 Our phone numbers and email addresses will remain unchanged. Map & directions Tel: 212-446-6100 Fax: 212-446-6191 info@spencerclarke.com Affiliated Company Spencer Clarke Ltd 1st Floor 21 Dartmouth Street London SW1H 9BP United Kingdom Tel: +44 (0)207 193 8623 Fax: +44 (0)207 855 0283 Authorised by the Financial Services Authority Published Spencer Clarke LLC Research To learn more about our research and what it can do for you please e-mail Michael Sheldon at: research@spencerclarke.com. Employment Opportunities For all employment inquiries contact us at: jobs@spencerclarke.com.