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            All Inclusive Management Fee 
             
               The 
            annual fee for this account is based on its value. It will be debited 
            directly from your account in arrears on a semi-annual basis on 30 
            June and 31 December of each year and will be detailed on your statement. 
             
             
               Unlike 
            other discretionary portfolio management services there are no hidden 
            and/or additional charges in respect of sales, commissions, brokerage 
            charges, transaction fees, and foreign exchange commissions or for 
            custody services. The published fee is all you pay. 
             
            The all-inclusive management fee is 2.5% p.a. 
             
             
             
            Minimum Investment 
             
                
            An account can be opened with an initial 
            investment of US$ 50,000.00 
             
             
               Once 
            an account has been opened additional investment and withdrawals may 
            be made at any time in minimum denominations of US$ 10,000.00 provided 
            that a minimum balance of US$ 50,000.00 is maintained. 
             
             
             
            Opening an Account 
             
               If 
            you would to open an account, need more information or confidential 
            review of our service please contact: 
             
             Capital Investment Services SAL 
            P.O. Box 90 - 1109, Beirut, Lebanon 
            Telephone [961 1] 875 070 
            Fax [961 1] 875 073 
            
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