RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER $2,000/month retainer + A.G. Edwards & Sons, Inc. 10/14/1999 Yes Calvin Vismale 466.96 1992 20% of net fee or 1/16% Marketing public finance services No records No records No records DEBT of principal

Not ABN AMRO, Inc. 10/19/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

ACS Unclaimed Property Clearinghouse, Not 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable UCP Inc. applicable

10/14/99 & Not ADP, Inc. No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF 10/18/99 applicable

Not Advest, Inc. 10/9/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not AEW Capital Management, LP 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not AEW Partners III, L.P. 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not AEW Trust #221 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

AIG Capital Partners, Inc./AIG Global Emerging 1% of commitments, 10/21/1999 Yes MFI Securities, LP 500,000.00 1997 Identifying and advising regarding potential investors No Yes No PFM Markets Fund subject to reduction

AIG Capital Partners, Inc./AIG Global Emerging 1% of commitments, 10/21/1999 Yes Berman Enterprises 500,000.00 1997 Identifying and advising introducing potential investors No No No PFM Markets Fund subject to reduction

AIG Financial Products/AIG Matched Funding Services rendered in obtaining investment contract in 10/15/1999 Yes Eurobrokers, Inc. 263,000.00 1991 GIC brokerage fee Not disclosed Yes No DEBT Corp. connection with the 1991Clean Water Rev. Bonds

Services rendered in obtaining investment contracts for AIG Financial Products/AIG Matched Funding 10/15/1999 Yes Euro Brokers Maxcor, Inc. 139,677.00 1993 GIC brokerage fee 1993 Clean Water Bonds and Special Assessment Not disclosed Yes No DEBT Corp. Unemployment Rev. Bonds

AIG Financial Products/AIG Matched Funding Tobin, Carberry, O'Malley, Riley & Selinger, Fees for services from Legislative monitoring; relationship building, municipal 10/15/1999 Yes 19,380.00 1997 No No Yes DEBT Corp. P.C. 10/97 to 9/98 liaison, advice and counsel

AIG Financial Products/AIG Matched Funding Services rendered in obtaining investment contract in 10/15/1999 Yes Tradition (North America) Inc. 5,000.00 1999 GIC brokerage fee Not disclosed Yes No DEBT Corp. connection with the 1999 Clean Water Rev. Bonds

Not Alliance Capital Mangement 11/4/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

annual payments equal Ambac Assurance Corporation/Ambac 10/22/1999 Yes Chambers, Dunhill, Rubin & Co. 6,000.00 1997 to .05% of av. Invest'd Investment agreement broker's fee Unknown Unknown Unknown DEBT Capital funding, Inc. bal. of ag'mt annual payments equal Ambac Assurance Corporation/Ambac 10/22/1999 Yes Euro Brokers Maxcor Inc. 196,486.99 1993 to .05% of av. Invest'd Investment agreement broker's fee Yes Yes Unknown DEBT Capital funding, Inc. bal. of ag'mt annual payments equal Ambac Assurance Corporation/Ambac 10/22/1999 Yes Euro Brokers Maxcor Inc. 101,400.00 1993 to .05% of av. Invest'd Investment agreement broker's fee Yes Yes Unknown DEBT Capital funding, Inc. bal. of ag'mt 1 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

American Capital Mortgage IRA, LLC/Eaton, Gary Not 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT M., Esq. applicable

Not Apex Securities, Inc. 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Hourly rates plus Administrative and legislative services regarding real Apollo Real Estate Investment Fund III, L.P. 10/18/1999 Yes McCabe & Associates 5,724.00 1997 No No Yes PFM expenses estate investment and management

1/1-2/28/98, hrly rates + Administrative and legislative services regarding real Apollo Real Estate Investment Fund III, L.P. 10/18/1999 Yes McCabe & Associates 97,847.38 1998 exp; 3/1--12/31/98, No No Yes PFM estate investment and management $7000/mo. + exp.

$10,000/month + Administrative and legislative services regarding real Apollo Real Estate Investment Fund III, L.P. 10/18/1999 Yes McCabe & Associates 96,475.00 1999 No No Yes PFM expenses estate investment and management

Hourly rates, plus Apollo Real Estate Investment Fund III, L.P. 10/18/1999 Yes Rogers & Wells 57,177.18 1999 Services rendered respecting potential investors No No No PFM expenses

Hourly rates, plus Apollo Real Estate Investment Fund III, L.P. 10/18/1999 Yes Rogers & Wells 245,270.99 1998 expenses; quarterly Services rendered respecting potential investors No No No PFM payments of result fee

Apollo Real Estate Investment Fund III, L.P. 10/18/1999 Yes Rogers & Wells 144,850.00 1999 Balance of result fee Services rendered respecting potential investors No No No PFM

Not AXA Rosenberg Investment Management 10/7/1999 No No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

10/8/99 & Not Banc One Capital Markets No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH 10/13/99 applicable

Not Bank of America 11/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Bank of Montreal 11/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Bank of Tokyo 11/16/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not BankBoston, N.A. 10/25/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Bankers Trust Company (see response of Not 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT Deutchebank, its parent corporation) applicable

Not BARRA/Rogers Casey, Inc. 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

The GIC provider for the STO Bonds Series 94A&B and Bayerische Landesbank Girozentrale 11/12/1999 Yes R.S Lynch & Company 15,000.00 1997 Transaction Expenses 96B&C, the GIC provider paid certain of the expenses Unknown Unknown Unknown DEBT related to the transiaction The GIC provider for the STO Bonds Series 94A&B and Transaction Expenses Bayerische Landesbank Girozentrale 11/12/1999 Yes Lamont Financial Services Corporation 10,000.00 1997 96B&C, the GIC provider paid certain of the expenses Unknown Unknown Unknown DEBT related to FA services related to the transiaction 2 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER The GIC provider for the STO Bonds Series 94A&B and Bayerische Landesbank Girozentrale 11/12/1999 Yes LPL Financial Services 10,000.00 1997 Transaction Expenses 96B&C, the GIC provider paid certain of the expenses Unknown Unknown Unknown DEBT related to the transiaction

Not BB&T Capital Markets 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

25% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns Jay Lennon (previously disclosed to OTT in 10/14/1999 Yes 109,500.00 1991 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 11.67% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns David Epstein (previously disclosed to OTT in 10/14/1999 Yes 52,937.91 1991 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 25% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns Jay Lennon (previously disclosed to OTT in 10/14/1999 Yes 116,500.00 1992 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 11.67% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns David Epstein (previously disclosed to OTT in 10/14/1999 Yes 72,091.00 1992 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 25% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns Jay Lennon (previously disclosed to OTT in 10/14/1999 Yes 114,000.00 1993 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 11.67% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns David Epstein (previously disclosed to OTT in 10/14/1999 Yes 44,446.77 1993 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 25% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns Jay Lennon (previously disclosed to OTT in 10/14/1999 Yes 125,202.00 1994 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 11.67% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns David Epstein (previously disclosed to OTT in 10/14/1999 Yes 63,241.54 1994 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 25% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns Jay Lennon (previously disclosed to OTT in 10/14/1999 Yes 88,700.00 1995 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract 11.67% BSAM fees; Bear Stearns & Co., Inc. and Bear Stearns David Epstein (previously disclosed to OTT in 10/14/1999 Yes 33,514.75 1995 payment pursuant to a Introduced client Unknown Unknown Unknown DEBT 12/83) Asset Management Inc. 1983 contract

Not Belle Haven Investments, L.P. 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Beneficial Investigation Services, Inc. 10/5/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not BGI-Barclays 10/28/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Bingham Dana LLP 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not BlackRock Financial Management 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Blackstone Capital Partners III Merchant Banking Not 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM Fund, LP applicable 3 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00 DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not Booty, Jeremy D., Esq. 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Brandner & Ponzini Not 10/9/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF (NOTE: Failed to file proper form.) applicable

Not Brown & Wood LLP 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Y-1(20%), Y-2,3 (15%), Investment management marketing consulting services, Brown Capital Management 10/18/1999 Yes Ben F. Andrews, Jr. 1,448.10 1996 Y-4-8 (10%) of gross incld. Development of marketing plan, review and No No No PFM fees + add ons monitoring objectives and progress Y-1(20%), Y-2,3 (15%), Investment management marketing consulting services, Brown Capital Management 10/18/1999 Yes Ben F. Andrews, Jr. 377,774.44 1997 Y-4-8 (10%) of gross incld. Development of marketing plan, review and No No No PFM fees + add ons monitoring objectives and progress Y-1(20%), Y-2,3 (15%), Investment management marketing consulting services, Brown Capital Management 10/18/1999 Yes Ben F. Andrews, Jr. 294,825.73 1998 Y-4-8 (10%) of gross incld. Development of marketing plan, review and No No No PFM fees + add ons monitoring objectives and progress Y-1(20%), Y-2,3 (15%), Investment management marketing consulting services, Brown Capital Management 10/18/1999 Yes Ben F. Andrews, Jr. 25,747.45 1999 Y-4-8 (10%) of gross incld. Development of marketing plan, review and No No No PFM fees + add ons monitoring objectives and progress

Not Brown Rudnick Freed & Gesmer 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Brown, Paindiris & Scott 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not C.S. First Boston, Inc. 11/23/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Carlyle Asia Partners, L.P. 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Per 1995 agreement, Carlyle Group (General Partner) The partnership did not pay a fee. An engaged Berman Enterprises to consult in re: potential Carlyle European Partners 11/15/1999 Qualified No affiliate, Carlyle Group (General Partner) 1,000,000EU 1998 1% of contributed capital Unknown Unknown Unknown PFM investors in various Carlyle funds; services included compensated Berman Enterprises. advice in re: potential investors.

Not Carmody & Torrance LLP 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

broker's commission not CDC Funding Corp. 10/14/1999 Yes Eurobrokers Maxcor Inc. 26,261.00 1997 in excess of ordinary fee GIC Not applicable Not applicable Not applicable DEBT paid broker's commission not CDC Funding Corp. 10/14/1999 Yes Tradition (North America) Inc. 45,403.00 1999 in excess of ordinary fee GIC Not applicable Not applicable Not applicable DEBT paid

Not Chapman Company (The) 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Chase Securities, Inc. 11/16/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not CIBC World Markets 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable 4 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not CIGNA Investment Management 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Citizens Bank 10/6/99 & 10/799 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Commerzbank 10/12/1999 No No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Compass Partners European Equity Fund .15% of total 10/18/1999 Yes David M. Kirby 225,000.00 1998 Financial Advisory Services No No No PFM REVISED DISCLOSURE commitment

Not Concentra 10/25/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Connecticut Future Fund 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Connecticut Green Ventures LP 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Conning & Company (on behalf of Conning Not 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM Insurance Capital Limited Partnership V, LP) applicable

Continuum National Services Group, d/b/a Not 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF CareSys applicable

Cooney, Scully & Dowling (NOTE: Not 10/10/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF Failed to file proper form.) applicable

Not Cowen Asset Management 11/9/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Credit Agricole Indosuez 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Crescendo Venture Management, LLC on behalf 20% of annual Investor introductions and advisory services to of Crescendo Ventures III, L.P. & Crescendo 11/22/1999 Yes Truro Associates, LLC $120,329 1997 management fee for No No No PFM Crescendo World Fund, LLC Crescendo World Fund

Crescendo Venture Management, LLC on behalf 20% of annual Investor introductions and advisory services to of Crescendo Ventures III, L.P. & Crescendo 11/22/1999 Yes Truro Associates, LLC $320,000 1998 management fee for No No No PFM Crescendo World Fund, LLC Crescendo World Fund

20% of annual Crescendo Venture Management, LLC on behalf management fee for Investor introductions and advisory services to of Crescendo Ventures III, L.P. & Crescendo 11/22/1999 Yes St. James Associates, LLC $83,934 1998 No No No PFM Crescendo III, LP Crescendo World Fund, LLC investments

Crescendo Venture Management, LLC on behalf 20% of annual Investor introductions and advisory services to of Crescendo Ventures III, L.P. & Crescendo 11/22/1999 Yes Truro Associates, LLC $240,000 1999 management fee on No No No PFM Crescendo World Fund, LLC Crescendo World Fund

5 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

20% of annual Crescendo Venture Management, LLC on behalf management fee for Investor introductions and advisory services to of Crescendo Ventures III, L.P. & Crescendo 11/22/1999 Yes St. James Associates, LLC $337,500 1999 No No No PFM Crescendo III, LP Crescendo World Fund, LLC investments

May 1999 488,250 + 20 Per terms of Settlement Agreememt lawsuit (CV-98- Crossroads Investment Company, LP/Crossroads 10/14/1999 Yes Finley Associates, Inc. & George C. Finley 580,337.50 1999 Qtrs. @ up to 92,087.50 0491226-S)/claim from Crossroads Mgmt Partners 1987 Unknown Unknown Unknown PFM Constitution, LP per Qtr agreement (20% of gross fees)

Not CW Resources 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Dain Rauscher/Artemis Capital Group, Inc. 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Dataprep, Inc. 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable UCP applicable

Not David Lerner Associates, Inc. 10/25/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Day, Berry & Howard LLP 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Deloitte & Touche, LLC 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Deutsche Bank 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

2% of aggregate Exclusive financial advisor and placement agent DLJ Merchant Banking Partners II, LP 10/18/1999 Yes DLJ Securities Corporation 300,000.00 1996 principal of securities Yes Yes No PFM services sold

Not Drake & Kaufman 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Dredsner RCM Capital Management 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not DSI International Management, Inc. 10/5/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Duhamel & Schoolcraft, LLC 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Edwards & Carstarphen 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Epstein, David J., Esq. 11/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable UCP applicable

Not EQUIFAX 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable UCP applicable 6 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not Euro Brokers, Inc. 11/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

10/7/99 & Not Fahnestock & Co., Inc. No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT 12/2/99 applicable

Fees paid to transaction counsel in connection with the FGIC 10/22/1999 Yes Brown & Wood, LLP $20,000 1993 Not applicable Not applicable Not applicable Not applicable DEBT generation of transaction documentation

10/8/99 & Not Fidelity Capital Markets No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT 10/14/99 applicable

Not Fifth Third Bank 11/10/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Financial Security Assurance Inc. 10/25/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

10/8/99 & Tracey Stangle/Tim Sullivan/Tom Hall (First First Albany Corporation Yes 10,429.27 1991 retail commissions securities brokerage services Yes Yes No DEBT 10/15/99 Albany employees)

10/8/99 & Tracey Stangle/Tim Sullivan/Tom Hall (First First Albany Corporation Yes 24,438.88 1992 retail commissions securities brokerage services Yes Yes No DEBT 10/15/99 Albany employees)

10/8/99 & Tracey Stangle/Tim Sullivan/Tom Hall (First First Albany Corporation Yes 16,259.07 1993 retail commissions securities brokerage services Yes Yes No DEBT 10/15/99 Albany employees)

10/8/99 & Tracey Stangle/Tim Sullivan/Tom Hall (First First Albany Corporation Yes 17,588.05 1994 retail commissions securities brokerage services Yes Yes No DEBT 10/15/99 Albany employees)

10/8/99 & Tracey Stangle/Tim Sullivan/Tom Hall (First First Albany Corporation Yes 1,406.27 1995 retail commissions securities brokerage services Yes Yes No DEBT 10/15/99 Albany employees)

10/8/99 & Neil Dempsey (First Albany registered Referral of negotiated underwirting of U Conn 1998 First Albany Corporation Yes 13,000.00 1998 finder's fee Yes Yes No DEBT 10/15/99 representative) Series A Bonds

10/8/99 & First Albany Corporation Yes Laurent Bouley, Jr. (First Albany employee) 16,622.80 1998 retail commissions securities brokerage services Yes Yes No DEBT 10/15/99

10/8/99 & First Albany Corporation Yes Laurent Bouley, Jr. (First Albany employee) 10,000.00 1999 retail commissions securities brokerage services Yes Yes No DEBT 10/15/99

Not First National Bank of Litchfield (The) 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not First Tennessee Capital Markets 11/5/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

With respect to state, county and municipal First Union Capital Markets, Inc. /First Union $16,628.04 credits Credit toward potential governmental entities, FUNB provides marketing 10/8/99, Securities, Inc. Yes James Carpenter applied - no bonus paid 1999 bonus for referral of services to FUSI regarding public finance projects for No No No CASH 11/15/99 REVISED DISCLOSURE as of 9/30 public finance business which FUSI seeks to serve as senior manager, co-senior manager or co-manager 7 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER With respect to state, county and municipal First Union Capital Markets, Inc. /First Union Credit toward potential governmental entities, FUNB provides marketing 10/8/99, Securities, Inc. Yes James Carpenter $5,338.95 1998 bonus for referral of services to FUSI regarding public finance projects for No No No CASH 11/15/99 REVISED DISCLOSURE public finance business which FUSI seeks to serve as senior manager, co-senior manager or co-manager

Not Fleet Bank Capital Markets 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Fleet National Bank 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

10/8/99 & Not Fleet Securities, Inc. No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT 10/13/99 applicable

Placement agent fee in 5 installments, >$2B = Consultation in connection with the formationo f the Forstmann Little & Co. Equity Fund VI REVISED 10/12/99, Robert Johnsont/Beacon Hill Financial Yes, but not in Yes 436,871.00 1998 $1.5M//<$2B = $1.5M + Funds (No contact with the Connecticut Office of the Yes No PFM DISCLOSURE 11/15/99 Corporation ("BHFC") Connecticut 20 bp of aggregate Treasurer) capital commitments

Placement agent fee in 5 installments, >$2B = Consultation in connection with the formationo f the Forstmann Little & Co. MBO VIII REVISED 10/12/99, Robert Johnsont/Beacon Hill Financial Yes, but not in Yes 436,871.00 1999 $1.5M//<$2B = $1.5M + Funds (No contact with the Connecticut Office of the Not applicable No PFM DISCLOSURE 11/15/99 Corporation ("BHFC") Connecticut 20 bp of aggregate Treasurer) capital commitments

Not GarMark Partners, L.P. 11/10/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Gates Capital Corporation 10/12/99 & Not No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT REVISED DISCLOSURE 11/18/99 applicable

Not GE Capital Corporation 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Gilbert Global Equity Partners, LP 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

10/18/99 Not Gilford Securities, Inc. No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH &11/16/99 applicable

Not GMAC 11/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not GMO 11/5/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not CASH, Goldman Sachs & Company 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable applicable DEBT

Not Goldman, Sachs Private Equity Fund 11/16/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

8 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not Grantham, Mayo, Van Otterloo & Co., Inc. 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Great Pacific Securities 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

2% of P'ship interest Green Equity Investors III, L.P. 10/12/1999 Yes DLJ Securities Corporation $500,000 1999 Private Placement Agent Yes Yes No PFM sold to new investor

Not Greenwich Capital Markets, Inc. 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Greenwich Partners, LLC 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Marketing Greenwich Street Capital Partners II, LP Arrangement not limited partnership interests (Note: SSB was paid by Greenwich Street Capital Partners II, L.P. 11/16/1999 Yes Salomon Smith Barney, Inc. $375,000 Retainer 1998 Yes Yes No PFM provided Greenwich Street Capital Parners, Inc., a subsidiary of Travelers Group, Inc.)

retainer of $750,000 + fee of 1.25% on 1st Served as co-agent to provide comprehensive Greenwich Street Capital Partners II, L.P. 11/16/1999 Yes Atlantic-Pacific Capital $375,000 1998 $250MM, 1.375% on assistance in the placement of limited partnership Yes Yes No PFM next $250MM and 1.5% interests of GSCP II thereafter retainer of $750,000 + fee of 1.25% on 1st Served as co-agent to provide comprehensive Greenwich Street Capital Partners II, L.P. 11/16/1999 Yes Atlantic-Pacific Capital $2,300,000 1999 $250MM, 1.375% on assistance in the placement of limited partnership Yes Yes No PFM next $250MM and 1.5% interests of GSCP II thereafter

Not Grotech Partners V, L.P. 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Guest & Savage 11/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Hardwick Law Firm, LLC 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Harris Capital Advisors, Inc 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Hassett, George & Siegel 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Hawkins, Delafield & Wood 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Herbert J. Sims & Co., Inc. 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Hicks, Muse, Tate & Furst, Equity Fund III, LP Donaldson Lufkin & Jenrette (DLJ) and Farrel range of .5%-2% based 10/18/1999 Yes 2,978,928.00 1997 Financial advisory services Not disclosed Not disclosed Not disclosed PFM REVISED DISCLOSURE Capital Corp. (FCC) upon service provided 9 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00 DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER 10/12/99; Not Hunton & Williams 10/13/99 & No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable 10/14/99

Not ING Barings (US) Capital Markets 11/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Intracorp 11/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Irwin Tepper Associates, Inc. 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not J.C. Bradford & Company 11/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not J.P. Morgan Investment Management, Inc. 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Legal Advice and consultation on state legislative, 10/14/99 & J.P. Morgan Securities, Inc. Yes Robinson & Cole 43,450.00 1999 $5,000 monthly retainer budgetary & municipal matters in the State of No No Yes DEBT 11/15/99 Connecticut and other jurisdictions.

Not Jackson Securities Incorporated 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

10/6/99 & Not Janney Montgomery Scott Inc. No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT 10/12/99 applicable

10/6/99 & Not Jewett City Savings Bank No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH 10/7/99 applicable Total payment of Assisted in drafting private placement memo, identified Donaldson Lufkin & Jenrette Securities 8,304,247 (balance of Kelso Investment Associates, LP 10/13/1999 Yes 4,328,219 1999 potential investors, met w/ investors & responded to Yes Yes No PFM Corporation 3,976,028 payable in investor questionnaires 2000 Meetings and communications with OTT concerning Tobin, Carberry, O'Malley, Riley & Seliger, 1% of CT's capital Keystone Ventures V, L.P. 11/5/1999 Yes 99,375.00 1999 potential allocation to fund. Introduced Keystone to No No Yes PFM P.C. contribution Treasurer

Consulting services including: advice re capital raising NLEC Support Systems, LLC (owned by consulting fee, Keystone Ventures V, L.P. 11/5/1999 Yes 120,000.00 1999 activities, amount and structure of investments and No No No PFM Patrick McCarthy) $120,000, plus bonus operations and public relations

Meetings and communications with OTT concerning Tobin, Carberry, O'Malley, Riley & Seliger, 1% of CT's capital Keystone Ventures V, L.P. 11/5/1999 Yes 26,500.00 1998 potential allocation to fund. Introduced Keystone to No No Yes PFM P.C. contribution Treasurer

Consulting services including: advice re capital raising NLEC Support Systems, LLC (owned by consulting fee, Keystone Ventures V, L.P. 11/5/1999 Yes 140,953.00 1998 activities, amount and structure of investments and No No No PFM Patrick McCarthy) $120,000, plus bonus operations and public relations

Consulting services including: advice re capital raising National Strategic Public Relations (owned by Keystone Ventures V, L.P. 11/5/1999 Yes 68,750.00 1998 25 bp of CT commitment activities, amount and structure of investments and No No No PFM Patrick McCarthy) operations and public relations

Not Kohlberg Kravis & Robert 1996 Fund 11/1099 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable 10 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00 DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not Lamont Financial Services Corporation 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Rogers & Wells (Jerome L. Wilson, Partner) $335/hr + result fee of Advised on potential investors, introduced prospective Landmark Private Equity Fund VIII, L.P. Compensation paid 10/18/1999 engaged Ben Andrews as a marketing 625,000.00 1998 .75% of invest/.25% if investors (hourly fees paid promptly, result fees paid Not disclosed Not disclosed Not disclosed PFM (LPEF)/Landmark Partners, Inc. (LPI) by LPI consultant for a fee = 1% of investment) local counsel used 20% at closing, 20% 6 mo install.)

Not Lapera, Patrick J., Esq. 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Law Offices of Joseph C. Reid, P.A. 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not CASH, Lehman Brothers 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable applicable DEBT

10/5/99 & Not Levy & Droney, P.C. No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT 10/6/99 applicable

Not Lewis & Munday 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Lexington Partners, Inc./Lexington Capital Not 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM Partners II applicable

Not Litchfield Bancorp 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Loomis, Sayles & Co. 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Loop Capital Markets, LLC 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

M.R. Beal & Company 10/15/1999 Yes Ben F. Andrews, Jr. 6,250.00 1995 Retainer Marketing services in connection w/ 1995 STO Not disclosed Not disclosed Not disclosed DEBT

Not May Davis Group 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not MBIA Insurance 10/22/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not McDonald Investments, Inc 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not McGhee & Assoicates 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not McHugh Law Offices 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Mechanics Savings Bank 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable 11 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER No specific CASH, Merrill Lynch & Company 10/8/1999 Yes Brian Campbell (Merrill Lynch employee) 40,000.00 1995 arrangements with ML Liason btwn ML bankers and OTT Not disclosed Not disclosed Not disclosed DEBT employees No specific CASH, Merrill Lynch & Company 10/8/1999 Yes Brian Campbell (Merrill Lynch employee) 10,000.00 1996 arrangements with ML Liason btwn ML bankers and OTT Not disclosed Not disclosed Not disclosed DEBT employees

Not Milestone Capital Management 11/9/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Mintz, Levin, Cohn, Ferris, Glovsky 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Mitchell Hutchins See response for PaineWebber PFM

Not CASH, Morgan Stanley & Co., Inc. 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable applicable DEBT

Morgan Stanley Dean Witter Investment 10/5/99; 10/8/99; Not No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM Management, Inc. 10/13/99 applicable

Not Mosley & Sinclair 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Multi-Bank Securities, Inc. 11/10/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Murtha, Cullina, Richter & Pinney LLP 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not N/W Capital, Inc. 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

10% of fee received for National Abandoned Property Processing Services related to signing of abandoned property 11/16/1999 Yes Findley Associates $ 0 1991 return of abandoned Unknown Unknown Unknown UCP processing agreement Corp. property 10% of fee received for National Abandoned Property Processing Services related to signing of abandoned property 11/16/1999 Yes Findley Associates $ 0 1992 return of abandoned Unknown Unknown Unknown UCP processing agreement Corp. property 10% of fee received for National Abandoned Property Processing Services related to signing of abandoned property 11/16/1999 Yes Findley Associates $14,470 1993 return of abandoned Unknown Unknown Unknown UCP processing agreement Corp. property 10% of fee received for National Abandoned Property Processing Services related to signing of abandoned property 11/16/1999 Yes Findley Associates $7,781 1994 return of abandoned Unknown Unknown Unknown UCP processing agreement Corp. property 10% of fee received for National Abandoned Property Processing Services related to signing of abandoned property 11/16/1999 Yes Findley Associates $10,194 1995 return of abandoned Unknown Unknown Unknown UCP processing agreement Corp. property 10% of fee received for National Abandoned Property Processing Services related to signing of abandoned property 11/16/1999 Yes Findley Associates $10,198 1996 return of abandoned Unknown Unknown Unknown UCP processing agreement Corp. property

Not National Iron Bank of Salisbury 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable 12 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not NBC Capital Markets 11/10/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

2% of aggregate gross New Boston Real Esate Investment Fund, Engaged as a finder for the purpose of providing 10/15/1999 Yes Christine D. Powers 61,038.88 1998 proceeds of LP units Yes No No PFM introductions to accredited investors IV LP purchased 2% of aggregate gross New Boston Real Esate Investment Fund, Engaged as a finder for the purpose of providing 10/15/1999 Yes Christine D. Powers 233,961.12 1999 proceeds of LP units Yes No No PFM introductions to accredited investors IV LP purchased

Not New England Bank & Trust 10/19/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not New Milford Bank & Trust Company (The) 11/9/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Nixon Peabody LLP 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Oaktree Capital Management 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not O'Brien, Tanski & Young 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not O'Melveny & Myers LLP 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Ormes Capital Markets, Inc. 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Orrick, Herrington & Sutcliffe LLP 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

10/8/99 & Not P.G. Corbin & Company, Inc. No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT 10/13/99 applicable

Ben F. Andrews, Jr. (reporting entity is 5,000 retainer + 10% of Municipal investment banking consulting services unclear as to whether $6000 of the fees PaineWebber, Inc. 10/15/1999 Yes 9,475.16 1991 co-mngr fees & 15% of including monitoring legislation affecting muni Unknown Unknown Unknown DEBT disclosed are related to non-CT transactions. sen. mngr fees investment banking $750 paid in 1992)

Municipal investment banking consulting services 10% of co-mngr fees & PaineWebber, Inc. 10/15/1999 Yes Ben F. Andrews, Jr. 300.00 1992 including monitoring legislation affecting muni Unknown Unknown unknown DEBT 15% of sen. mngr fees investment banking

Municipal investment banking consulting services 10% of co-mngr fees & PaineWebber, Inc. 10/15/1999 Yes Ben F. Andrews, Jr. 300.00 1993 including monitoring legislation affecting muni Unknown Unknown Unknown DEBT 15% of sen. mngr fees investment banking

Legal services in connection with muni finance business, PaineWebber, Inc. 10/15/1999 Yes Rome, Case, Kennelly & Klebanoff 120,030.00 1991 - 1995 oral contract No No Unknown DEBT including RFP responses; some general consulting

M.P. Guinan Associates (disclosed to OTT in $5,000/mo retainer + advice in connection with the firm's muni finance PaineWebber, Inc. 10/15/1999 Yes 39,200.00 1999 No No No DEBT 4/99) sales taxes business in Connecticut

13 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00 DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not Palmer & Dodge LLP 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not People’s Bank 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Phoenix Investment Counsel, inc. 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Pictet International Management 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Pioneer's attorney refused to respond in the Pioneer Ventures Associates, LP Failed certificate form and qualified the "no" 30,000 (5,000/month + 10/15/1999 Qualified Yes Not provided 1998 Providing municipal services Not provided Not provided Not provided PFM to File Proper Form response reporting an engagement of tax from 4/98 -- 10/98) Sullivan & LeShane

Pioneer Ventures Associates, LP Failed 60,000 (5,000/month + 10/15/1999 Qualified Yes Sullivan & LeShane Not provided 1999 Providing municipal services Not provided Not provided Not provided PFM to File Proper Form tax from 1/99 -- 12/99)

Not Prebon Yamane 11/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Prospect Street CT Capital, Inc. 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

10/13/99 & Not Prudential Securities Incorporated No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT 10/14/99 applicable

10/12/99 & Not PSI Institutional Realty No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM 10/18/99 applicable

Not Public Financial Management 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Public Resources Advisory Group 10/20/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Pullman & Comley 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

R.W. Presspritch 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH

Not Ramirez & Co., Inc. 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

10% of mgmt fee and Mario Marsano (CT broker with Raymond Raymond James & Associates, Inc. 10/15/1999 Yes 3,680.98 1995 inst. sales credits paid to Assisted in the procurement and sale of bonds Yes Yes No DEBT James & Associates, Inc.) R. James 6% of mgmt fee and inst. Mario Marsano (CT broker with Raymond Raymond James & Associates, Inc. 10/15/1999 Yes 1,319.19 1997 sales credits paid to R. Assisted in the procurement and sale of bonds Yes Yes No DEBT James & Associates, Inc.) James 6% of mgmt fee and inst. Mario Marsano (CT broker with Raymond Raymond James & Associates, Inc. 10/15/1999 Yes 1,284.23 1998 sales credits paid to R. Assisted in the procurement and sale of bonds Yes Yes No DEBT James & Associates, Inc.) James 14 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00 DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not Raymond S. Nichols, FCAS 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Redwood Securities 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Reich & Tang 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Republic National Bank of New York 11/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Legal advice and counsel concerning potential $75,000/year for 1998 -- RFE Investment Partners VI, L.P. 10/15/1999 Yes Law Offices of Jay F. Malcynsky, P.C. 66,250.00 1998 investments in CT ventures and private or public sector Unknown Unknown No PFM 2001 invesments in RFE's funds Legal advice and counsel concerning potential $75,000/year for 1998 -- RFE Investment Partners VI, L.P. 10/15/1999 Yes Law Offices of Jay F. Malcynsky, P.C. 46,250.00 1999 investments in CT ventures and private or public sector Unknown Unknown No PFM 2001 invesments in RFE's funds

Not Ridgefield Bank 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Robinson & Cole 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Fees payable in 20% increments over a two year period. Rogers & Wells LLP 11/12/1999 Yes Benjamin Andrews $100,000 1998 1% of commitment 20% at closing, 20% in 6 mo., 20% 12 mo., 20% 18 mo., Unknown Unknown Unknown DEBT 20% 24 mo. Fees payable in 20% increments over a two year period. Rogers & Wells LLP 11/12/1999 Yes Benjamin Andrews $150,000 1999 20% at closing, 20% in 6 mo., 20% 12 mo., 20% 18 mo., Unknown Unknown Unknown DEBT 20% 24 mo.

When warranted, 50% of Rogers & Wells LLP 11/12/1999 Yes KCATS LLC $150,000 1999 fees earned under B. 50% of fees earned under B. Andrews arrangement Unknown Unknown Unknown DEBT Andrews agreement

Not Rome McGuigan Sabanosh, P.C. 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Roosevelt & Cross, Inc. 10/21/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not RREEF America, LLC/RREEF Funds (The) 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Salomon Smith Barney 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Salomon Smith Barney on behalf of Smith Barney Not 11/1/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM Capital Management applicable

Not Sandler Goldstein & Mara, P.C. 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not SBK-Brooks Investment Corp. 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable 15 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

Not Scotia Capital Markets (USA, Inc.) 11/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

1.5% of amts raised; pay Exclusive domestic financial advisor, arranger and SCP Private Equity Partners, LP 10/18/1999 Yes Potomac Investment Services L.P. 1,125,000.00 1997 1/2 closing & 1/2 over 6 Yes Yes No PFM placement agent to institutional investors quarters

Not Sentinel Real Estate Corporation 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Shawmut Capital Partners LLC 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Shipman & Goodwin LLP 10/7/99 &10/8/99 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Siebert Brandford Shank & Company 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

CASH, Societe Generale 10/18/1999 Yes Eurobrokers 266,349.50 1996 None GIC/advisory fee Unknown Unknown Unknown DEBT

CASH, Societe Generale 10/18/1999 Yes Eurobrokers 35,689.00 1997 None GIC/advisory fee Unknown Unknown Unknown DEBT

Not South Trust Securities, Inc. 10/28/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Squire, Sanders & Dempsey LLP 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not State Street Capital Markets 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

CASH, State Street Corporation/State Street Bank Not 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT, applicable & Trust Company PFM, UCP

Not Sumitomo Bank Capital Markets 11/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not SW Pelham Fund, L.P. 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

$2M (of which -0- was Thayer Equity Investors IV, L.P. 10/19/1999 Yes Merrill Lynch & Company 1998 .60% of commitment Placement Agent Unknown Unknown Unknown PFM paid in 1998)

$374,500 (of which Thayer Equity Investors IV, L.P. 10/19/1999 Yes North Cove Ventures (William DiBella) $25,000 was paid in 1998 .70% of net commitment Documentation, negotiation & investor relations Unknown Unknown Unknown PFM 1998) $1M paid of total fee of $2M earned in 1998) Thayer Equity Investors IV, L.P. 10/19/1999 Yes Merrill Lynch & Company plus $55K in interest & 1999 .60% of commitment Placement Agent Unknown Unknown Unknown PFM $44,058.12 in expenses 16 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00 DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER

$349,500 of total fee of Thayer Equity Investors IV, L.P. 10/19/1999 Yes North Cove Ventures (William DiBella) $374,500 earned in 1999 .70% of net commitment Documentation, negotiation & investor relations Unknown Unknown Unknown PFM 1998)

Not The Paris Group 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Thomas H. Lee Equity Fund IV, LP 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not TIMCO 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Tishman Hotel Corporation 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Tradition (North America) Inc. 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

agent in connection with the private placement of limited Triumph Capital Group, Inc 10/18/1999 Yes Merrill Lynch, Pierce Fenner & Smith 725,000.00 1997 advisory fee Yes BD & IA Unknown PFM partnership interests

Not Triumph Partners III 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Triumph-Connecticut II, LP 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Triumph-Connecticut, LP 10/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Tucker Anthony Incorporated 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT, UCP applicable

Not Tyler Cooper & Alcorn, LLP 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not U. S. Trust Company of CT 11/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

10/6/99 & Not Union Bank of California – Treasury Division No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH 10/7/99 applicable

Not Updike, Kelly & Spellacy, P.C. 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Utendahl Capital Partners, L.P. 11/18/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not ValueQuest/TA LLC 10/8/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

base $375,000 + General advice and assistance in development of Veritas Capital Fund 10/15/1999 Yes KCATS LLC/Christopher Stack 281,250.00 1997 $75,000 - $100,000 Not disclosed Not disclosed Not disclosed PFM funding; exclusive marketer in FL and MA annually + FL and MA 17 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00 DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER base $375,000 + General advice and assistance in development of Veritas Capital Fund 10/15/1999 Yes KCATS LLC/Christopher Stack 206,250.00 1998 $75,000 - $100,000 Not disclosed Not disclosed Not disclosed PFM funding; exclusive marketer in FL and MA annually + FL and MA base $375,000 + General advice and assistance in development of Veritas Capital Fund 10/15/1999 Yes KCATS LLC/Christopher Stack 187,500.00 1999 $75,000 - $100,000 Not disclosed Not disclosed Not disclosed PFM funding; exclusive marketer in FL and MA annually + FL and MA

Not Vining Sparks 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not W. R. Huff Asset Management 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Wachovia Bank 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Wachovia Bank of Georgia, N.A. 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Walton Street Real Estate Fund II, L.P. 10/14/1999 Yes Christopher Stack/KCATS, LLC 265,781.00 1998 .75% of commitment Marketing and consulting services Unknown Unknown Unknown PFM

Walton Street Real Estate Fund II, L.P. 10/14/1999 Yes Christopher Stack/KCATS, LLC 228,281.00 1999 .75% of commitment Marketing and consulting services Unknown Unknown Unknown PFM

Not Warburg Dillion Read, LLC ( 11/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Weber and Carrier (f/k/a Weber & Marshall) 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable SIF applicable

Not Webster Bank 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Wellington Management Company, LLP 10/15/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

1.5% commited capital Wellspring Capital Partners II, LP 10/14/1999 Yes Potomac Investment Services L.P. 312,500.00 1998 raised by PI less fees Raise equity commitments with Potomac Investors Yes Yes Unknown PFM paid to NYCP

.75% of committed Identify potential purchasers of limited partnership Wellspring Capital Partners II, LP 10/14/1999 Yes New York Capital Partners, F.L. Inc. 437,500.00 1998 capital raised by NYCP + Unknown Unknown Unknown PFM interests $62,500

Not Welsh Carson Anderson & Stowe III, L.P. 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Welsh Carson Anderson & Stowe VIII, L.P. 10/6/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

Not Western Asset Management 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable PFM applicable

1.75% of commitment Westport Senior Living Investment Fund, L.P. c/o Andrew Moses, New York Capital Partners, 10/18/1999 Yes 437,500.00 1998 payable in 8 quarterly Assisted in raising capital No No No PFM Westport Realty Advisors F.L., Inc. installments 18 RESPONSES TO REQUESTS FOR DISCLOSURE Revised 4/13/00

DATE INVESTMENT YEAR COMPENSATION SECURITIES STATE COMPANY DISCLOSURE COMPENSATION NAME OF PAYEE TOTAL PAID SERVICES PROVIDED ADVISOR/BROKER DIVISION PAID ARRANGEMENT LICENSE ETHICS RECEIVED DEALER 1.75% of commitment Westport Senior Living Investment Fund, L.P. c/o Andrew Moses, New York Capital Partners, 10/18/1999 Yes 656,250.00 1999 payable in 8 quarterly Assisted in raising capital No No No PFM Westport Realty Advisors F.L., Inc. installments

Westport Senior Living Investment Fund, L.P. c/o Government relations services; managing relationship 10/18/1999 Yes Mary Phil Guinan/MP Guinan Associates 16,960.00 1999 24 month agreement No No Unknown PFM Westport Realty Advisors with the State

Not White & Watson, L.C. 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Whitman Breed Abbott & Morgan, LLP 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Wiggin & Dana 10/7/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Wilder & Gregory 10/12/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable DEBT applicable

Not Williams Capital Group, LP 10/14/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

Not Winter Associates 10/13/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable UCP applicable

Not Zions Bank 10/21/1999 No Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable CASH applicable

ZZZ Color Code/1 LAVENDAR denotes that firm disclosed that NO FEES WERE PAID

ZZZ Color Code/2 LIGHT GREEN denotes FEES PAID to employees, GIC brokers, financial advisors or transaction counsel legal fees

ZZZ Color Code/3 YELLOW denotes FEES PAID

ZZZ Color Code/4 LIGHT BLUE denotes QUALIFIED ANSWER

19