Cypress Capital Management US Limited

Item 7: Types of Clients

                                                                                   CCMUS provides advisory services to high net-worth private clients, family
                                                                                   companies and trusts.

                                                                                   We generally require clients to have a minimum account size of $500K to
                                                                                   receive discretionary investment management services, though we may from
                                                                                   time to time waive the minimum based on client specific circumstances. The
                                                                                   ability to waive or modify our minimums will give rise to situations where
Item 5: Our Fees and Compensation                                                  clients with similar investment mandates are offered different minimums to
                                                                                   establish the account.
In general, our fees are based on a percentage of the value of assets under
management, as determined in good faith by CCMUS. We retain discretion