CB Capital Advisors LLC

Item 5     Fees and Compensation
INVESTMENT SUPERVISORY SERVICES ("ISS")
INDIVIDUAL PORTFOLIO MANAGEMENT FEES

CBAM currently employs two types of fee structures for Individual Portfolio Management.

1) A fixed percentage fee based upon assets under management plus the performance fees
as defined below

OR

2) A fixed percentage fee based upon assets under management fees only.

The annualized fixed percentage fee based upon assets under management for Investment
Supervisory Services are charged according to the following schedule:

          Assets Under Management                         Annual Fee

          Portflio Value:

          First $15,000,000                                1.00%

          Next $35,000,000                                  0.75%

          Greater than $50,000,000                           Negotiable

Item 7      Types of Clients
CBAM provides advisory services to the following types of clients:

•   Individuals (other than high net worth individuals)

•   High net worth individuals
•   Charitable organizations

•   Corporations or other businesses not listed above

•   Institutions (sub advisory relationships)