E Magnus Oppenheim & Co Inc

Item 5 - Fees and Compensation

Fees for personal investment management, financial consulting and investment research services are
reasonable and modest. Portfolio and investment management fees for stock accounts are computed as a
percentage of total assets (securities and cash) under management, payable quarterly, with a $250.00
minimum annual fee. Under certain circumstances, professional investment management fees may be
deductible for income-tax purposes. Clients may terminate the arrangement following agreed upon notice
and satisfaction of the fee arrangement.

Fees:

The market value of the account, including cash, shall be computed from the clearing brokers statement for
the quarter ending in March, June, September and December. Normally the quarter will end on the last
business day of the month. The Investment Advisory fee for all assets in the account for the quarter shall
be computed on the valuation as of the close of the quarter and shall be one quarter (0.25%) of one percent
(1.00%) of the market value of the Account calculated, but not less than $250.00 per quarter.

Item 7 - Types of Clients

EMO provides its services to individuals, pension and profit-sharing plans, charitable organizations,
corporations, and other business entities.

No Minimum Account Requirements

EMO does not impose minimum portfolio value for starting and maintaining an investment management
relationship. However, the Investment Advisory fee for all assets in the account shall not be less than
$250.00 per quarter.