Argus Ranks Second in Performance Measurement

According to statistics compiled by Investars during the 12-month period ending July 24, 2006, Argus Research placed second out of 12 research firms. The list of 12, which is set out below, includes companies that were part of the SEC Global Research Analyst Settlement, as well as selected independent research firms. Investars tracks the performance of 43 research firms that cover more than 500 stocks. The highest rating in the current survey is $10.22. The lowest rating is -$10.97.

Investars is an independent research analysis company that provides investors with the tools to gauge the value of research. The Investars methodology involves grouping a research company's BUY ratings and SELL ratings into separate $10,000 portfolios, and then calculates the average daily gain or loss in those portfolios. (See www.investars.com for more information on this methodology.)

ARGUS RESEARCH PERFORMANCE COMPARISON

Research Group	Investars Daily Return ($)
CSFB	$3.07
Argus Research	$1.80
Merrill Lynch	$1.58
Smith Barney	$1.57
Standard & Poor's	$1.13
Goldman Sachs	$1.07
UBS	$0.96
Deutsche Bank	$0.21
Morgan Stanley	-$0.43
Lehman Bros	-$0.83
Bear Stearns	-$2.75
JPMorgan	-$2.88
Bernstein	-$4.19
Thomas Weisel	-$7.64

Source: Investars (www.investars.com)
Data as of July 24, 2006
Note: Daily Return is calculated over a one-year period, using $10,000 portfolios.

This rating may be not be representative of any one client's experience. This rating is not indicative of future performance.