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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (9900)	11/28/2003 10:59:52 AM
From: Kerm Yerman	Read Replies (1) of 24921

Kerms Korner / Tier II Portfolio Material Changes Portfolio Cash Component Prior to the following transactions $50,667.34 The Tier II Portolio held 200 shares of Peyto Exploration which were exchanged for 200 units of Peyto Energy Trust in July as a result Peyto's reorganization into an energy trust. Sold at the close of 11/27/03 200 Units Peyto Energy Trust $24.35/share Total Amount $4,780.00 I also increased the portfolio's holdings in Midnight Oil & Gas. Purchased at the close of 11/27/03 500 shares Midnight Oil & Gas $6.75/share Total Amount $3,375.00 Portfolio Cash Component following transactions $52,162.34

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