Harvey Capital Management Inc

Item 5:      Fees and Compensation

                Investment Management Services Compensation

Harvey Capital Management charges each account an investment management fee
based upon the market value of the account at quarter end. The investment
management fees are billed quarterly and in arrears. Fees are calculated pro-rata in
the event the investment management agreement is executed at any time other than
the first day of the quarter.

By signing the investment management agreement, the Client authorizes the qualified
custodian to pay advisory fees directly to Harvey Capital Management, unless prior
arrangements are made in writing. The qualified custodian will facilitate the deduction
of the investment management fee from your account. The Firm will only accept checks
payable to Harvey Capital Management for payment of advisory fees.

On an annualized basis, our fees for investment management services are as follows:

                    Portfolio Size                     Annualized Fee
                    First $2,000,000                        1.00%
              Balances above $2,000,000                     0.50%
                           Minimum Annual Fee - $3,000

The Firm generally requires a minimum of $1 million to open and maintain an advisory
account. The account minimum and fee schedule may be negotiated at the discretion
of Harvey Capital Management depending on size of the account and services provided.

                                       Other Fees

In addition to our advisory fees, clients are responsible for the fees, expenses and
transaction cost charged separately by custodians and broker-dealers. We do not
directly or indirectly share or receive a portion of these fees.