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Bullwinkle

12/23/06 12:03 AM

#17678 RE: Bullwinkle #17537

Program Trade 35.7% NYSE Volume for Dec 11-15
http://www.nyse.com/Frameset.html?displayPage=%2Fmarketinfo%2FProgramTrading.html

View the Top 15 Most Active
http://www.nyse.com/pdfs/PT121106.pdf

Top 3 Active Firms
Lehman Brothers, Inc.
Goldman, Sachs & Co.
Morgan Stanley & Co. Inc.

**NOTE: 2x presented data equals original method**
                      NEW       ORIG

December 11-15 35.7% or 71.4%
December 4-8 28.5% or 57.0%
November 27-1 30.8% or 61.6%
November 20-24 27.7% or 55.4%
-------------------------------------
4-Wks Rolling Avg 30.7% or 61.4%