John Raymond Ahern

COMPASS SECURITIES CORPORATION, BRAINTREE, MASSACHUSETTS IS WHERE I AM EMPLOYED AS A PRINCIPAL AND HAVE BEEN AFFILIATED SINCE 1989. I SPEND APPROX. 90% OF TIME ON CSC BUSINESS. I AM INSURANCE LICENSED: EVERY ONCE IN A WHILE, I SELL FIXED ANNUITIES. OCCASIONAL SALES ACTIVITY IN THE FORM OF ROLLOVERS. HAVE NO PERSONAL INVESTMENT IN THIS ACTIVITY. NEGLIGIBLE TIME SPENT ON THIS ACTIVITY; NEED TO BE INVOLVED IN THIS HAS BEEN EVERY SEVERAL YEARS. NAME OF BUSINESS: LOPER ASSOCIATES, INC. ADDRESS: 23 MEDFORD LANE SCARSDALE, NY 10583 I AM PRESIDENT AND 50% OWNER OF THE ABOVE BUSINESS. IT IS A REAL ESTATE MANAGEMENT CO. THAT OWNS THE LEASEHOLD FOR ONE 14,000 SQUARE FOOT BUILDING IN YONKERS, NY, THAT RENTS SPACE TO COMMERCIAL TENANTS. THE BUSINESS PASSED FROM MY FATHER'S ESTATE IN 1971 TO MY SISTER AND MYSELF. MY SISTER MANAGES THE DAY-TO-DAY REAL ESTATE MATTERS WHILE I MANAGE THE FINANCIAL OVERVIEW AND TENANT LEASE-UP DOCUMENTS. THERE ARE VERY FEW OCCASIONS THAT DEMANDS MY ATTENTION DURING THE NORMAL BUSINESS DAY. THE BUSINESS IS IN NO WAY RELATED TO MY INVESTMENT BUSINESS. I SPEND LESS THAN 10 HOURS/MO IN MATTERS RELATING TO THE BUSINESS, ALTHOUGH THE WORK PATTERN IS VERY IRREGULAR.