To thank you for participating in the investment seminar held by White Pacific Securities, Inc. and to celebrate the Christmas season, we are here to provide you a special offer. If you open any new account with White Pacific by December 31, 2008, we will refund the seminar fee of $49 as well as the commissions of your first 5 trades back to your new account. Details of this special offer are as follows:

1.	Amount of Rebate:After you open a new account with White Pacific, we will return the seminar fee of $49 and the commissions of your first 5 trades made within the first 30 days of your new account. The maximum rebate amount of the commission is $100. If there are less than 5 trades made within the first 30 days after you open a new account, the actual commissions are calculated to a maximum rebate of $100.
2.	Charges for Rebate:All transaction commissions are qualified for rebate. Non-commission charges such as mailing fee, data monthly fee, or margin interest will not be offset.
3.	Procedure:Mail a copy of the monthly statement of your new White Pacific account to us. Please specify "New Account Special Offer" on the statement. If the first 5 trades of your account appear in 2 different monthly statements, please mail copies of both statements.
4.	Expiration Date: Your rebate application must be received by April 30, 2009. Applications received afterwards will not be accepted.

Please mail your rebate application to:

Marketing Department White Pacific Securities, Inc. 100 Pine Street, Suite 500 San Francisco, CA 94111