In March, 2008 ML Stern and Co., Inc was acquired by SWS Group, Inc. (NYSE: SWS) and has continued to operate as a Division of Southwest Securities. Now that the companies are one, we are proud to announce our new name, Southwest Securities, Inc and introduce our new website. In a few seconds you will be automatically redirected to the Southwest Securities website. If that does not occur please click on the following link:

http://pcg.swst.com/Pages/default.aspx.

Please do not hesitate to call your Southwest Securities representative if you have any questions about the name change or our new website.