A Stock, Bond and Real Estate Medley That Pays $68,000 A Year...... Page 4

THE OXFORD CLUB EXECUTIVE COMMITTEE JAMES BOXLEY COOKE Honorary Chairman Baltimore, JULIA GUTH Executive Director GREAT PROFITS IN THE COMPANY OF GOOD FRIENDS Club News Edition MAY 15, 2006, VOLUME 19, NO. 9 ALEXANDER GREEN Investment Director MICHAEL WARD Editorial Director RUTH LYONS Member Recruitment Director There’s Still Time To BRIAN YORK Director of E-Commerce KRISTIN KEENEY & STEVEN KING Invest In Asia’s Most Co-Directors,World Financial Meetings & Seminars KATE MURPHY Member Services Manager THE OXFORD Profitable Oil Company INVESTMENT PANEL MARY ANNE ADEN PAMELA ADEN LOUIS BASS Dear Member, HORACIO MÁRQUEZ The stats about China’s torrid growth multiply by the day, but one in WEALTH PROTECTION particular stands out. After a decade of averaging more than 9% growth a ADVISORY PANEL ROBERT BAUMAN year, the People’s Republic hit a blistering 17% last year, blowing away all MICHAEL CHECKAN estimates. WAYNE LELAND

CANADIAN But just know this… While some media outlets would like you to INVESTMENT PANEL believe China simply can’t keep growing at such a rampant pace, according Louis Bass BRENT AMEY DAVID MELNIK to the World Bank, the stage is set for another year of 9% growth or more. ERIC ROSEMAN And with the Olympics in Beijing in 2008, as my colleague Mark Skousen points out, INVESTMENT U there’s no doubt “that 1.3 billion Chinese are focused on one big goal: keeping the DR. MARK SKOUSEN Chairman & Editor economy booming.” All told, we’re in store for at least another two years of expansion

ADVISORY PANELISTS according to Skousen. DR. STEVE SJUGGERUD DR.VAN K.THARP Of course, we have more than just third-party accounts of the growth in China to WAYNE ELLIS support this view. Last month, Investment Director Alex Green and Investment U Chairman Managing Director Mark Skousen led a fact-finding trip to the country. Their observations confirm what we MT. VERNON OPTIONS CLUB noted 10 months ago: KARIM RAHEMTULLA Chairman & Editor “Bumper-to-bumper traffic snakes around skyscrapers on the streets filled a decade ago ADVISORY PANELISTS with bicycles. City-dwellers blast office heating in the winter and air conditioners in the D.R. BARTON, JR. LEE LOWELL summer. Factories dot former rice fields.” STEVE MCDONALD JIM STANTON In short, China’s race for modernization is far from over. Right now, 1.3 billion people DEAN ALBRECHT are swapping bicycles for automobiles, fans for air conditioners, and washboards for ALSO IN THIS ISSUE... modern appliances. • Make Fast Gains On Penny Options ...... 5 All told, 6,800 new cars hit the streets in China every day, according to the Worldwatch • Top 37 Wealth Builders Institute. And the only thing holding back this economy is energy. for Grads...... 6 • Oxford Portfolios ...... 7 That’s why this one company could well be the most pivotal – and profitable – in the • Oxfordian Property coming months… Exchange...... 9 • Members’ Exchange ...... 11 Over, please... PROFIT PICKS

76% Gains With Room Left to Run Just look at the recent history to get an idea of the scale. From 2000 to 2004, as worldwide demand Perhaps the best, low-risk way to tap into for oil spiked, China accounted for roughly 50% of China’s unquenchable thirst for energy is buying up the increase. And as new construction explodes and shares of Asia’s most profitable oil company: the number of cars in mainland China increases by PetroChina (NYSE: PTR). the millions each year, it’s conservatively estimated Shares have surged 76% in the past 10 months, that China will be using more than 6 million barrels and many Oxford Club members are sitting tight on of oil a day, 365 days a year. these gains. Good news to be sure. At today’s price, that is a mind-boggling $150 Yet, we’re still convinced now is the time to capi- billion worth of oil a year just to keep the country talize on the torrid expansion of the world’s fastest- running. growing major economy. Of course, someone has to supply it. And So if you passed on the opportunity (or you’re increasingly, that someone is PetroChina. The new to The Oxford Club), don’t bemoan the big move company has almost 18,000 gasoline stations. It you already missed. The steep upward trajectory you controls roughly 30% of retail gasoline sales, and its see in the chart below is likely to continue strongly. pipelines span across more than 2,500 miles of the People’s Republic. Poised to Keep Trouncing the S&P

And as we all know, blow it once and you can The Oxford Club, LLC provides its members with unique chalk it up to oversight. Blow it twice and you’ll opportunities to build and protect wealth, globally, under all market conditions. The executive staff, research department never forgive yourself. Here’s the rundown on why and editors who contribute to the Club’s recommendations are proud of the reputation The Oxford Club has built since its PetroChina is headed higher… inception in 1984. We believe the advice presented to its members in our published resources and at our meetings and seminars is the best and most useful available to global investors today. The recommenda- tions and analysis presented to members is for the exclusive use of members. Copying or disseminating any of the information published by The Oxford Club, electronic or otherwise, is strictly prohibited. © 2006, The Oxford Club, LLC 105 W. Monument St., Baltimore, MD 21201 Publisher Julia Guth Research Associate Chris Matthai Investment Director Alexander Green Sr. Graphic Designer Kathy Osborne Editorial Director Michael Ward Graphic Designer Jennifer Hupfeld Managing Editor Alex Williams Advertising Director Wayne Ellis Copyeditor Jennifer Shayne Director of Brian York Member Services Mgr. Kate Murphy E-Commerce

Members should be aware that investment markets have inherent risks and there can be no guarantee of future profits. Likewise, past perform- ance does not secure future results. Recommendations are subject to change at any time, and so members are encouraged to check our website www.oxfordclub.com regularly and pay special attention to the “Oxford Portfolio Review” section of the Communiqué to get the most value from our investment analysis. The publishers, editors, employees or agents are China’s Hydrocarbon Addiction not responsible for errors and/or omissions. The Oxford Club expressly forbids its writers from having a financial interest PetroChina is the largest of the three publicly in any security recommended to its readers. And all Oxford Club employees and agents must wait 24 hours after an Internet publication prior to follow- traded Chinese oil companies. And it’s involved in ing an initial recommendation, and 72 hours after publication is mailed and almost every facet of the energy business, from is only in writing. The Oxford Club does not act as a personalized investment advisor. Investments recommended in this newsletter should be made only finding oil and gas to operating refineries, chemical after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. factories, and expanding China’s largest pipeline Basic dues for membership in The Oxford Club are $149 a year. Membership includes the network. Communiqué (USPS 008-575), which is published twice monthly on the first and third weeks of each month by The Oxford Club, LLC, 105 W. Monument Street, Baltimore, MD 21201. Non-U.S. dues are higher and vary from country to country. Periodicals’ Postage Paid Providing fuel to the world’s fastest-growing at Baltimore, MD and additional mailing offices. POSTMASTER: Send address changes to The Oxford Club Communiqué, 105 W. Monument Street, Baltimore, MD 21201. For ques- economy is a big business. In fact, China is now the tions regarding the status of your membership call Member Account Services at 410.223.2643 or fax to 410.223.2650. Our website is: www.oxfordclub.com Please send any world’s third-largest consumer of oil. And it’s only investment questions or suggestions in writing to The Oxford Club Research Department, getting bigger. 105 W. Monument Street, Baltimore, MD 21201, USA.

2 PROFIT PICKS

Fundamentals Even Buffett Can Love Its status as an American Depository Receipt (ADR) obviously confers certain advantages (more Aside from being well-positioned to meet the liquidity, smaller spreads, lower commissions and country’s insatiable appetite for energy, PetroChina most importantly, greater transparency). boasts plenty of other respectable fundamentals. All noteworthy enough to attract the investment of And while others will assert that the 90% stake arguably the world’s greatest investor, Warren the state stills controls is a big risk, rest assured it’s Buffett. more a blessing than a curse.

And even after the company’s huge run-up, Not only did the Chinese government assign Buffett hasn’t cashed in his chips. A closer look at PetroChina the country’s choice oilfields, it also the company’s fundamentals reveals just why he’s assigned it the country’s best reserves. On top of hanging onto more than 2.3 billion shares, as that, trade barriers and other governmental regula- reported in Berkshire Hathaway’s 2005 Annual tions are allowing PetroChina to assert a dominance Report. that will be almost impossible to overcome – even if China allows foreign competition to enter the market Operating margins exceeded 30% for the past (a likely occurrence in the years ahead, as part of five years. reforms mandated by the World Trade Organization). The company carries minimal debt. Profits surged 28% last year to reach $16.6 billion. Revenues Still A Bargain By Any Measure and the average selling price per barrel are still rising China remains an unprecedented investment by double-digit margins. And perhaps most impor- opportunity. A nation of 1.3 billion people is getting tantly, PetroChina is replacing reserves by more than its first taste of capitalism. Hundreds of inefficient 100% each year. state-run enterprises are being privatized.

By focusing both on in-country exploration and Furthermore, China’s extraordinary growth has international acquisitions, PetroChina is taking the spread beyond the coast into the country’s interior. necessary steps to ensure long-term profitability and, The standard of living is rising sharply, as is dispos- more simply, that it won’t run out of oil anytime able income. And China is no longer dependent soon. merely on exports.

In fact, after recently expanding operations into According to The Economist, “its ratio of exports Canada and Indonesia, Chairman Chen Geng publicly to GDP stands at around 30%: high by the standards proclaimed plans for many more acquisitions of America and Japan, but nothing out of the overseas. Expect details to follow and the company ordinary compared with European or other East to keep boosting proven and probable reserves above Asian nations.” the already impressive 10-billion-barrel mark. All things considered, China’s domestic economy The fact the company pays out 45% of net has become a powerful engine of growth. And as income only adds the promise of an attractive global investors, we want to capitalize on it. With dividend yield to a lineup of top-notch fundamentals. shares trading for just 11 times future earnings, And if PetroChina is good enough for Buffett, it’s cer- PetroChina is still a bargain by any measure. tainly good enough for us. Action to Take: Buy PetroChina (NYSE: PTR) at market. And use a 25% trailing stop to protect your Buying China and Avoiding profit and your principal. OC Some Major Risks Investment Advisory Panelist Louis Bass is the editor of the Hot IPO For those pessimistic about buying shares in a Trader, as well as the TakeOver Trader (which recently closed out a Chinese company: rest easy. Unlike the majority of 130% winner). He spent years with one of the country’s leading China’s public companies that trade on the Shanghai investment and brokerage firms as a top analyst and trading expert, or Shenzhen exchanges, PetroChina can be pur- specializing in corporate takeovers and IPOs that lead to large profit chased on the familiar Stock Exchange. opportunities for investors.

3 LIVING RICH

A Stock, Bond and Real Estate Medley That Pays $68,000 A Year

by Michael Masterson, Special to The Oxford Club

A good friend of mine recently came into a tidy tion: It can be run from home on the kitchen table, inheritance of $1.4 million. He hadn’t expected the it can be developed on a part-time basis, and it can money, and didn’t know how to deal with it. be marketed through the Internet. If he learns direct and Internet marketing, he can “How much is $1.4 million?” he wanted to know. expect to see that business start to give him “I mean, is it enough to retire on? Do you think I can positive returns of $10,000 to $100,000 a year live off the interest?” after an initial development period of 12 to 24 “Could you live on $60,000 a year?” I asked him. months. That extra income – when it comes – will be extra income that he probably won’t need. “Could I ever,” he said, delighted. But since he enjoys the business anyway, he “Well then,” I said. “You’re all set.” might as well do it the right way and get paid for it once it becomes profitable. My friend had some specific goals in mind, and I promised to recommend an investment portfolio that 3. Of the million dollars that remains, he should could allow him to achieve each of them... invest $500,000 in quality government bonds, yielding a tax-free return of about 4.5%. That will • Buy his dream house in Florida for $450,000. give him an income of $22,500 – not much, but • Invest some money in his business. it’s tax-free. In pre-tax terms, it represents about • Earn at least $60,000 a year from the difference. $30,000 – or half of what he needs to enjoy a rich, financially independent life. When buying Here’s what I proposed he do to enjoy a worry- bonds, he should “ladder” them out by expiration free, rich life… date. That is, he should buy some bonds that will expire in 2010, some in 2011, some in 2012, etc. A Five-Point Plan For Living Rich The idea is to eventually have enough stretched On $1.4 Million out all the way ’til your 90th birthday. 1. First, I recommended he buy the house he wanted 4. He should invest $300,000 of the $500,000 that for $300,000 down, with a 30-year, fixed, 150,000 remains in a combination of conservative stocks. mortgage. Since I expect the market to take a In terms of planning his personal budget, he steep step down and then start a gradual turn should expect to earn only 6%, or $18,000 a year upward again, the long-term, fixed-rate mortgage (pre-tax), on his stock portfolio. Of course, that’s will allow him to ignore market fluctuations. a conservative expectation. But it will allow him Based on current rates, he should expect to pay to execute his budget. And any growth on top of about $11,376 a year in interest and principal, the 6% will simply pad his bottom line. plus another $7,000 or $8,000 a year in taxes. 5. Finally, he should invest the remaining $200,000 That should give his heart the peace it wants in undervalued real estate. Is there any of that left while his head can reasonably count on a long- in the world? Absolutely. I’d recommend investing term appreciation of at least 6%. either in Latin American retirement properties or 2. With his $1.4 million diminished now to about $1.1 in the Southwest. Based on current market rates, million, he should allocate $100,000 for his jewelry- he can expect to make at least 10% in these making business. His business has several of the areas. And that’s not counting rental increases attributes that I recommend for people in his situa- and appreciation. Continued on page 6...

4 Talk of the CLUB ... THREE EXPLOSIVE GAINS

OC Investment Director Alexander Green has done it returns last month... 60% in just four days. Takeover again, twice. Recently, subscribers to his Insider Alert Editor Louis Bass recommended shares of a banking secured gains of more than 128% in a titanium metals firm boasting record earnings and double-digit growth producer, in a matter of four weeks. in both deposits and loans. Its stellar financials have sweetened the company’s takeover appeal amid one of And last month, subscribers to his Momentum Alert the fastest-consolidating sectors of the market. closed out their positions on a global payments company, filling their coffers with a 40% gain. For more information on these elite trading services, contact VIP Services at 800.570.9830, or visit Takeover Trader subscribers also cranked out fast www.oxfordclub.com. OC

OC Member Spotlight Hot Option Trading Is Underway As the saying goes, there are three kinds of people: Those who Good news for option traders… make things happen, those who Not only is contract volume at watch things happen, and those record highs, the Penny Option who say, “What happened?” Oxford Profit System (POPS) is now Club Member Steve Andon definite- live and trading… ly makes things happen. Just last month, The Oxford Club’s Steve McDonald Steven Andon Steve’s a technology entrepreneur issued the first recommendation for the service. who brought three startup companies to profitability Subscribers just made 36.2% in a two-week trade, and in just 10 years. But his latest endeavor is worth note: 20.5% in one day. And subscribers are setting up for regular, substantial gains on short-term moves. To learn Two years ago, while listing some used computer more about Steve’s new service, contact VIP Services at and networking equipment for sale on eBay, the self- 800.570.9830. OC proclaimed “computer geek” recognized the incon- venience of packing and shipping for eBay sellers. Postal Service. “They should deliver the right shipping supplies in a ‘kit,’ as part of the selling process,” he thought. And in 2005, Dell asked Steve to create a program for collecting obsolete PCs for resale and recycling, eBay executives saw the concept’s merit, and agreed becoming OnePak’s largest customer to date. OnePak is to market the proposed “Shipping Supply Kits,” if Steve now planning a public listing for late 2006. would create the outsourced manufacturing and distri- bution operation. A lifelong resident of , Steve lives in After six months of market research, product design, Boston and Cape Cod with his wife Sheri and daughter technology development, and choosing suppliers, Eve, and is awaiting birth of a son in late August. OnePak was born. eBay launched the initial marketing, and OnePak fulfilled orders for shipping supplies. Steve can be reached at [email protected].

By early 2005, tiny OnePak had attracted business If you’d like to share your success story with the OC from giants such as Pitney Bowes, Nokia, and even the staff, please send it to us at [email protected] OC

5 The Top 37 Wealth-Builders For Grads

A recent Penn State study says quite a feat, but doable. Amazon is offering the book at a 67% of college degrees will FAIL to 40% discount for a short time. OC help graduates in today’s job market… that is, unless they possess the “secret weapon.” Canadian Summer Profits Luckily, Wall Street Journal bestselling author and We’ve had a great start to 2006…This Oxford Club friend and advisor Michael Masterson has year’s Agora Wealth Symposium will compiled a 240-page action plan for your graduate: jumpstart your profits in the second half Automatic Wealth for Grads… Or Anyone Else Starting Out. of this year. This life-changing guide gives graduates 37-plus “real You won’t want to miss this private event at the world” techniques for finding that perfect career, making luxurious Fairmont Vancouver in Canada, from July 25- successful investments, and using their #1 resource – 29. We’ve rounded up a long list of star-studded their youth – to conquer today’s changing marketplace. speakers to discuss “Investing in the Age of Empire.” For more information, please contact Agora Masterson even shows how an aggressive style can Travel at 800.926.6575 – and keep an eye out for help 20-somethings secure $1 million before age 30 – updates in the Communiqué. OC

A Stock, Bond and Real Estate Medley That Pays $68,000 A Year Continued from page 4...

This is a simple plan, but it should achieve all his And the final glicken is his business – something objectives. And his risk of seeing his nest egg deflate he intends to do for the fun of it. I have a good feeling would be very low because of the combination of that after a few years he’ll be enjoying a nice income bonds, conservative stocks and undervalued real from that, too. OC estate. Michael Masterson is an entrepreneur who’s launched successful As a bonus, he could look forward to seeing his $100 million-plus businesses. He also shares his wealth building and investment properties throw off increasingly large business advice in Early To Rise (ETR), a free, daily e-letter (go to returns, not to mention the appreciation, which could www.earlytorise.com) read by 400,000 individuals. He’s also the easily amount to an extra $12,000 to $50,000 a year, author of The Wall Street Journal bestseller, Automatic Wealth, and depending on how he leverages the properties. Automatic Wealth for Grads.

UNDERSTANDING OPTIONS: Your Best Chance at 633% or More

Sure, options can be risky. But they’re also your best oppor- mean that the more experienced options tunity to swat an investment home run. And they are your best traders should simply ignore this report. chance to recoup whatever you may have lost in the Nasdaq This report will put the odds of meltdown or to score lottery-sized returns without having to making money in options in your resort to wasting your money on numbered ping-pong balls. favor. To place an order, please And cashing in on options probably happens more often contact Member Services at than you think. In fact, it’s not uncommon for investors to 800.992.0205 or 410.223.2643. score profits as high as 633% in just days. Oxford Club members pay $19.95 plus $2.95 S&H and Lifetime Fellowship That’s why The OC Research Department created members pay $15.95 plus S&H. Chairman’s Understanding Options – an easy-to-understand guide to Circle members call to receive your copy for just $10. options, written with the novice in mind. But that doesn’t Ask for code P3UPG101.

6 THE OXFORD INVESTMENT PORTFOLIO OXFORD TRADING PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP ABB Ltd. NYSE: ABB Jul-04 $5.41 $13.97 Buy $10.08 Alexander & Baldwin NASDAQ: ALEX Dec-02 $23.54 $49.23 Buy $41.55 AngloGold NYSE: AU Jan-05 $36.50 $52.75 Buy $39.77 Baker Hughes NYSE: BHI Feb-06 $74.43 $76.95 Buy $57.98 BHP Billiton NYSE: BHP Oct-02 $10.15 $45.77 Buy $35.33 Boston Properties NYSE: BXP Dec-00 $41.44 $88.99 Hold $72.65 Canon NYSE: CAJ Jan-06 $59.54 $74.49 Buy $51.42 CB Richard Ellis NYSE: CBG Aug-05 $42.61 $83.39 Buy $64.14 Celgene Corp. NASDAQ: CELG Dec-03 $11.40 $39.79 Buy $33.17 China Life Insurance NYSE: LFC May-06 $53.62 $55.75 Buy $40.21 Cummins, Inc. NYSE: CMI Oct-04 $72.45 $110.70 Buy $83.83 DaVita NYSE: DVA May-04 $33.74 $57.16 Buy $45.20 Dentsply NASDAQ: XRAY Jan-02 $33.53 $59.01 Hold $43.40 Diageo PLC NYSE: DEO Dec-05 $58.58 $65.92 Buy $49.06 HSBC Holdings NYSE: HBC Dec-02 $56.40 $85.55 Buy $65.87 Int’l Securities Exchange NYSE: ISE May-05 $22.00 $43.05 Hold $38.99 Kinder Morgan Energy Part. NYSE: KMP Apr-02 $33.10 $47.67 Hold $40.64 Korea Electric Power NYSE: KEP Oct-05 $17.22 $22.94 Buy $17.17 Lockheed Martin NYSE: LMT Jul-04 $51.97 $77.68 Buy $57.55 Millipore NYSE: MIL Sep-05 $62.78 $69.35 Buy $55.28 Motorola NYSE: MOT Nov-05 $20.94 $22.35 Buy $18.58 MSCI Japan Index Fund AMEX: EWJ July-03 $7.25 $14.68 Buy $11.10 Netflix NASDAQ: NFLX Feb-06 $27.82 $31.24 Buy $23.31 Newmont Mining NYSE: NEM Sept-02 $27.08 $56.67 Buy $40.27** Novartis NYSE: NVS Mar-04 $44.15 $57.33 Buy $42.53 PetroChina NYSE: PTR Jun-05 $64.11 $113.64 Buy $88.44 Psychiatric Solutions NASDAQ: PSYS Mar-05 $19.91 $32.14 Buy $25.51 Rayonier NYSE: RYN May-04 $26.86 $44.65 Buy $34.33 Raytheon NYSE: RTN Jun-04 $33.36 $45.99 Buy $34.94 Royal Bank of Canada NYSE: RY Aug-04 $22.61 $41.47 Hold $32.79 Skechers NYSE: SKX Apr-06 $22.41 $25.72 Buy $18.77 Tektronix NYSE: TEK Jul-05 $22.96 $35.97 Buy $27.53 3Com Corp. NASDAQ: COMS Jul-05 $3.64 $5.43 Buy $3.95 Teva Pharmaceuticals NASDAQ: TEVA Mar-06 $42.80 $39.76 Buy $32.56 Tidewater NYSE: TDW Sep-04 $28.43 $59.32 Buy $44.56 Wal-Mart de Mexico OTC: WMMVF Oct-01 $0.90 $2.87 Buy $1.94** YUM! Brands NYSE: YUM Sep-04 $40.29 $49.57 Buy $39.99

OXFORD INCOME PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP Aberdeen Asia-Pacific AMEX: FAX Sep-00 $4.12 $6.00 Buy None. CY+ 7.01% Debt Strategies Fund NYSE: DSU Jan-01 $6.32 $6.61 Buy None. CY 9.76% Inflation-Indexed Treas. abbreviated TIPS Apr-00 $100.00 $126.00 Hold None. CY 2.39% ING Clarion Global AMEX: IGR May-05 $14.67 $17.96 Buy None. CY 7.81% Real Estate Income Fund Vanguard High-Yield NASDAQ: VWEHX Jan-03 $5.96 $6.14 Hold None. CY 7.07%

+ = Current Yield | ** = 35% TS | Prices as of 4/24/06 | Note: For the absolute latest updates on all of the Club’s portfolios – including the Trading, Income, All- Star, Anti-Terror and Gone Fishin’ – visit our website at www.oxfordclub.com. THE OXFORD INVESTMENT PORTFOLIO

OXFORD ALL-STAR PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP Berkshire Hathaway B Shares NYSE: BRKB Jan-01 $2295.00 $2,877.00 Buy None Equity Office Properties NYSE: EOP Jun-01 $31.35 $32.50 Hold None Equity Residential Properties NYSE: EQR Jun-01 $28.05 $44.77 Buy None Managers Fremont Bond Fd. MBDFX Jun-02 $10.22 $10.17 Buy None Legg Mason Value Trust LMVTX Feb-05 $62.19 $68.36 Buy None Templeton Emerg. Mkts. Fd. NYSE: EMF Jan-02 $8.80 $21.47 Buy None Templeton Dragon Fund NYSE: TDF May-02 $9.20 $24.48 Buy None

OXFORD ANTI-TERROR PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP BHP Billiton NYSE: BHP Feb-03 $10.74 $45.77 Buy $35.33 Equity Residential Properties NYSE: EQR Feb-03 $23.38 $44.78 Buy $35.55 Inflation-Protected Treas. TIPS Feb-03 $131.50 $126.00 Hold None ING Global Real Estate Inc. Fd. AMEX: IGR May-05 $14.67 $18.00 Buy None L-3 Communications NYSE: LLL Feb-03 $38.85 $85.35 Buy $65.09 Nestle OTC: NSRGY.PK Feb-03 $50.00 $75.20 Buy $58.88 Newmont Mining NYSE: NEM Feb-03 $27.73 $56.67 Buy $40.27** Utilities Select SPDR Fund AMEX: XLU Feb-03 $17.45 $31.50 Buy $25.49

GONE FISHIN’ PORTFOLIO COMPANY SYMBOL REC. DATE REC. PRICE CURR. PRICE RATING TRAILING STOP Amer. Century Glob. Gold BGEIX Apr-03 $7.59 $20.61 Buy None Vanguard Emerg. Mkt. Index VEIEX Apr-03 $7.34 $22.76 Buy None Vanguard Europ. Stock Index VEURX Apr-03 $15.01 $31.97 Buy None Vanguard High Yield Corp. Fund VWEHX Apr-03 $6.01 $6.14 Buy None Vanguard Inflation-Protected VIPSX Apr-03 $12.02 $11.87 Buy None Securities Fund Vanguard Pacific Stock Index VPACX Apr-03 $5.66 $12.52 Buy None Vanguard REIT Index VGSIX Apr-03 $11.92 $21.94 Buy None Vanguard Short Term Corp. VFSTX Apr-03 $10.80 $10.45 Buy None Vanguard Small Cap Index NAESX Apr-03 $15.12 $32.26 Buy None Vanguard Total Stock Mkt. Index VTSMX Apr-03 $19.69 $31.89 Buy None

+ = Current Yield | ** = 35% TS | Prices as of 4/24/06 | Note: For the absolute latest updates on all of the Club’s portfolios – including the Trading, Income, All-Star, Anti-Terror and Gone Fishin’ – visit our website at www.oxfordclub.com

8 THE OXFORDIAN PROPERTY EXCHANGE is a place where fellow members can place their upscale resort properties for rent around the world. And, when you stay at these private homes and villas, you are afforded special discounts and amenities befitting your status as a fellow Oxfordian. If you have a luxury property you’d like to include in our program, or questions, contact our Property Exchange Manager Melissa Ordanza at 800.992.0205 (fax 410.223.2650), or [email protected]

RANCHO SANTANA, [email protected] Owned by member distance of the shopping street of PACIFIC COAST, Philip B. of Naples, FL. Florida and the boutiques of the Recoleta. NICARAGUA WINDSWEPT, Just off the GUALALA, CA $320 per night, $1,600 per week, $4,730 per month. Pacific coast of Overlooking the [email protected] Nicaragua, 1,700- Pacific Ocean, our acre Rancho 3-bedroom (soon to RUE DE LA HUCHETTE, Santana is a be 4-bedroom) 2.5 PARIS, tropical paradise. bathroom ocean- The apartment in front home in Gualala, CA will acco- With its three distinct, soft sand Paris is located in modate up to eight adults and is just a beaches, Rancho Santana is home to the 5th arrondisse- 2.5 hour drive north of San Francisco The Oxford Clubhouse, with 4 ment, literally a (and 1.5 hours from Napa Valley). bedrooms, a stocked kitchen and dining block from Notre room, library, a pool with a glorious Amenities include a spectacular ocean Dame. The building in which the Pacific view and a large patio and bar view from every bedroom; two cozy apartment is located was built during area. Rancho Santana also has horse fireplaces with unlimited firewood; the Regency period (approx. 1720). stables, tennis courts, wireless Internet accessible beaches within 15 minutes; The apartment has a king-size bed, a and a cell phone tower. walk-to shopping, galleries and comfortable sleeper sofa and two eateries; gourmet kitchen; jacuzzi tub; futons. The recently renovated apart- To make a rental reservation or learn BBQ; nearby private airport and 18- ment, with large windows overlooking more about owning your own home hole golf course within a 5-minute the lively street below, has been fully here, call 877.6164 ~ country code 505. drive. Oxford Club members receive a sound-proofed to ensure a good night’s Several Chairman’s Circle Members 40% discount for a nightly rental of sleep. have built houses in this area. $250, plus $90 cleaning fee per $185 per night. Phone use not vacation stay. VILLA DAFFODIL, included. $40 cleaning fee. Contact: ST. MAARTEN, For more information, contact member [email protected] for availabili- DUTCH VIRGIN Peter J. Wolk, MD at 530.894.5757 or ty of this apartment or our other Considered by [email protected] apartment on Rue Mazarine. many to be St. CASA REMON Maarten’s finest CALLE ARROYO 999, villa, 3-5 bedroom BUENOS AIRES, CASCO VIEJO, Villa Daffodil is just ARGENTINA PANAMA CITY 10 minutes from the airport and avail- This penthouse This 2-bedroom able year-round. apartment in apartment is located in Casa Private and secure, the villa’s ameni- Buenos Aires is Remon, a French- ties include a pool, Jacuzzi, gourmet located at the edge style colonial kitchen, outdoor stocked honor bar, of Retiro (at the building dating from the early 1700s, big screen TV, Internet and cable. corner of 9th of July and Avenida situated just off the corner of the Separate quarters house a maid and Arroyo), one of the liveliest and most central Casco Viejo Plaza. From the caretaker. elegant districts in B.A. GO TO WWW.OXFORDCLUB.COM For more information, visit www.Best- There are 3 bedrooms and 2.5 baths, to accommodate six guests. FOR ADDITIONAL PICTURES CaribbeanVilla.com For guest testimo- AND INFORMATION. nials or a virtual tour, e-mail: The apartment is within walking

9 apartment’s balconies, you have views and community-only tennis courts, Activities are nearly limitless: deep sea of the square and, in the opposite sauna, club and more. The premises fishing, scuba diving, snorkeling, golf, direction, the harbor and the Panama are fully furnished, ready for occupan- horseback riding, whitewater rafting, City skyline beyond. It’s recently been cy and feature an immaculate 270 sq. volcano tours, even a sunset cruise. completely renovated, with an eye to ft. living room with chimney and over- Rates: November-April- restoring and preserving the original sized terrace, bringing the total size of $179/person/day. May-October- architectural features and details. You the property to 1500 sq. ft. $159/person/day. Christmas and New can walk out your door any time of The summer rate is $145 USD/day, but Year’s weeks are $200/person/day. the day or night and go just a few Oxfordians pay just $130 USD/day. blocks to find good restaurants, enter- We occasionally list specials on our Contact José de la Maza. E-mail: tainment and shopping, and you’re website at www.costaricanrentals.com [email protected]. Phone: 56-32- but a quick cab ride from the heart of And we offer a 10% discount to 812914. Mobil: 56-9-2754511. Mailing: downtown Panama City. lifetime Oxford Club members. For P.O. Box 7084 Concon 2519100 Chile more information, contact member 1-Bedroom: $80 per night. 2-Bedroom: Geoff Sherwood or Heather Mahaffey $125 per night. 3-Bedroom: $180 WHISTLER, BRITISH at [email protected] or per night. Contact: nharris@ COLUMBIA 800.569.2688. Internationalliving.com This 4,400 sq. ft. Whistler, British KIAWAH , SC VILLA CONTADORA, Columbia mansion This lovely four- ISLA CONTADORA, has it all: 5 bedroom house is on bedrooms, 5 bath- REP.OF PANAMA beautiful Kiawah rooms and 4 fireplaces, all comfort- On Isla Contadora, Island, SC, which the most developed ably overlooking the Whistler Golf offers five world-class of the Islas Perlas Course. Located just four minutes by golf courses and world-class clay court archipelago, only a car from the Whistler ski lifts, this tennis facilities. The adjacent 10-mile 20-minute flight sports-package is a skier’s dream. stretch of beach is hard-packed enough from Panama City, we have a 2- Rental price depends on the season, that you can even ride a bike on it. bedroom villa overlooking the island’s but rates start at $1,500 per night in Additional features include walking best beach. Fish and snorkel... rent a the winter and $800 per night in the paths, bike trails (25 miles of them), and wave-runner... take a boat to explore summer. Oxford members get a 10% fishing (both deepwater-ocean fishing nearby islands... or relax on the beach discount off normal rates. Whistler and in local ponds for youngsters). with a book. The two resort hotels on has consistently been rated the #1 ski the island offer a golf course, restau- resort in . But it also Rates: May 1 through October 31, rants, and small open-air bars boasts three championship golf (Saturday to Saturday rentals): beneath thatched roofs. courses, some of the most beautiful in May 1 to June 18: Weekly – $4,000; Monthly – $12,000. The real world is far away indeed on the world. Feel free to contact me with June 18 to September 10, Weekly – this little-discovered tropical outpost of any questions or comments. Dale $5,500, Monthly – $16,000 sunshine and palm trees. $170 Per Geringer. E-mail: [email protected] September 10 – October 31, Weekly – night. [email protected] VILLA ALLAMANDA, $4,000, Monthly – $12,000 SANTA AUGUSTA, CHILE COSTA RICA 10% discount for Oxford Club “Santa Augusta” Villa Allamanda, Lifetime Members. sits on a small bay located in the Gua- on the Pacific, nacaste Province of For more information, please contact nestled between the Costa Rica, is a lux- Member Earl Carrara at 843.768.9604 Viña del Mar and urious 5-bedroom, 5- from November 1 to April 30, and at Valparaiso regions of Chile – affording bath private villa with an infinity pool 828.743.9720 from May 1 until quiet, spectacular sights. Your beauti- and amazing views overlooking the November 1. Otherwise, contact ful 4-bedroom, 3-bath getaway (plus Pacific Ocean and Bay of Papagayo. Debbie and Roger Glasbrenner by service accommodations) includes 2 The villa is all-inclusive: 3 meals a day, phone at 973.857.8917 or via e-mail parking spaces and direct access to a a full open bar and a staff consisting of at [email protected], or visit sand beach, an 18-hole golf course, a cook, maid and houseboy. our website at carraraproperties.com

10 PRIVACY, PROSPERITY & TRADITION Members’E xchange REAL ESTATE palm trees on the property. is located on Bridge Lake, 300 Located 30 miles due north miles north of Vancouver. of Merida. $465 K. Contact Visit the Rainbow Island Nicaragua. The Costa Rica Member Robert Moroney at Website for information and of this Decade? No longer a [email protected] images. www.luis-stauffer.com secret to Oxford Club or contact Member Alois members. The first profit Island of Hawaii. Rare Riethmann. E-mail: wave has passed, now it’s opportunity to build your [email protected] time to get ready for the dream home at Sea next wave, which could Mountain golfcourse, one easily be bigger. This may mile from Punalu’u Black INVESTMENT be the last chance to score Sand Beach. Fee Simple OPPORTUNITIES BIG profits in Nicaragua. 20,000 sqft lot on culdesac. Spectacular view lots, Villas, Subdivision has only 19 lots, Excellent Investment Condos, and raw land CC&Rs, underground utili- Opportunity. Great opportu- opportunities that could turn ties, including water. Best nity to become part of a the money you would spend price in subdivision, resource company specializ- on a luxury SUV into a $220,000 obo. Contact ing in gold, timber and com- million dollars or more. Take Chairman’s Circle Member munications. After 90 days your U.S. real estate profits David Ingersoll, 209.537.3143. receive guaranteed interest now, while you can, and rate of 3% per month or catch this market while it’s New Smyrna Beach, Florida. shareholders dividends still early in its upward Newly Remodeled Oceanfront whichever is higher. Contact trend. Celebrating our 5th Condominium. 1-BD/2-BA. Lifetime Member Alan year in San Juan del Sur. Sleeps 4 Adults. Heated Pool. Gilner at 386.424.1619. Contact Member Alex Tennis. Close to Daytona Wilson, 949.495.4142. Email Beach, Kennedy Space Triple Net (NNN) and TIC [email protected] Center, Canaveral National properties available nation- www.pacificcoastparadise.com Seashore. $875.00/week. wide. Single & multi-tenant Contact Member Martin with long term leases. Can be For Sale: Beach front Engelman at 877.216.6598. used for 1031 exchange or property W. self-generating trusts. All major franchises electric turbines. 211 feet Private Island, 63 Acres. including: Walgreen’s, TGI beach front by 715 feet to Canada for Friday’s, Advance Auto, etc. 2-lane paved highway. 40 sale. This jewel of true nature Build wealth securely.

EDITOR’S NOTE: All free listings are accepted on a first-come, first-served basis. The Oxford Club reserves the right to disqualify any listings it deems unsuitable, including MLMs. The Member must be mentioned as the primary contact in the listing. The Oxford Club does not endorse these organiza- tions or their respective products, services, and programs. In addition, The Oxford Club shall not be liable for any and all liability, including negligence, that may arise from a members’ use of the following advertise-ments. “Caveat Emptor” applies—let the buyer beware.

Important: Any listing to be placed in the “For Your Information,” “Funding Available,” “Business Opportunities” or “Investment Opportunities” sections must be sent to The Oxford Club accompanied by a detailed prospectus or brochure.

11 M EMBERS’ EXCHANGE

Contact Member Tim Gulla at 215.453. 8097 or Investing 1,2,3 – Become an [email protected] for consul- Expert by Mastering the tation to discuss needs analysis or list a property for sale. Basics and Beyond

The investment world is one that thrives on insider terms and OIL AND GAS INVEST- talk. Covered calls, derivatives, trailing stops, selling MENTS. Be a direct owner of short, closed funds, P/E ratios, basis points and LEAPS natural gas wells in the Big are just some of the terms bandied about. Sandy Gas Field. Develop- You’re not alone if you’d like to learn more about mental drilling; infill loca- basic investment styles and strategies. To help all tions. Multi-well programs. members become masters of Wall Street (and not the other way around!) the Club’s Research Team has just Develop an existing gas field. updated The Oxford Club Guide to Navigating Wall 100% one-to-one active write- Street. This comprehensive guide will take you from off against ordinary income. making basic trades to using complex and advanced Accredited investors need services. apply for future programs The guide is $29 plus $4.95 S&H ($19 plus $4.95 S&H for based on availability. This Lifetime Fellowship and $10 S&H for Chairman’s Circle). Call communication should not be Member Services at 800.992.0205 or 410.223.2643 – order today! Ask for code P3OWG101. considered an offer to sell or the solicitation of an offer to buy. Nor shall there be any Keeps Growing! Invest in an Rapid returns with very high sale of these securities in any established Teak Plantation in profits. Contact Member jurisdiction in which such Costa Rica, the Switzerland of Jessica Fergus at offer, solicitation or sale Central America. Secure Own- 800.995.0796, ext 2792. would be unlawful. Offers to ership through an American sell securities may be made by LLC. Eight years experience. Make tons saving people private memorandum only. Strong local management. money on gas! Contact Contact Member Ron Walblay, Head office in California. Member Jack Baugher at Owner, Blue Flame Energy Contact Oxford Club Member 509.966.0359. http:// Corporation, 14N679 Route Martin Engelman, 877.216.6598. gasnutrition.com/jackb/index.html 25, Suite C, East Dundee, IL 60118. Phone 800.728.8303. Hot new program. Make $500 or www.blueflameenergy.com BUSINESS per day possible and more! E-mail: energy@ OPPORTUNITIES Contact Member Jack Baugher blueflameenergy.com at 509.966.0359. Earn $10,000 monthly within http://3046.1stepsystem.com Get Paid To Go Vacation. 2 months. This is realistic and Investment Property In Costa easy to do. We show you how Rica. terrabalandcompany.com, with a fully automated mar- PROFESSIONAL E-mail: [email protected], keting system and with wealth SERVICES contact Member Tony Agius, building strategies. No selling, 561.697.5237. not MLM. Solid, stable OFFSHORE SERVICES by company marketing financial licensed Practitioner * For- Teak – The Commodity that and real estate education. mation & Administration of

12 M EMBERS’ EXCHANGE

IBCs * Establishment of Trust Reinhold at 760.434.3698. FUNDING & Trustee Services * Mail Forwarding Services * Overtaxed? 60% of small AVAILABLE BUYERS AGENT REAL businesses, self-employed, ESTATE * Formation of Local and high-income individuals Commercial venture and Corporation and BEST are. Free 2nd opinion tax factoring capital available. RETIREE INVESTOR review. No refund, no fee! $50,000 and up. Also buy PROGRAM. Contact Member Contact Lifetime Member Mike Mortgages. Contact Member Santiago Gomez: International Brescia at 800.931.6531 or Ray Oukrop at 512.349.9895 or Services Ltd., P. O. Box 2284, www.itaxback.com/mbresc. email: [email protected] 16 Albert Hoy Ave.,Belama Phase 1, Belize City, Belize * Increase fuel mileage to 10% Immediate/Unlimited Capital USA Tel: 1.954.323.8314 *UK to 35% or better with Bio Commercial, “offshore” Tel: 44.141.416.0954* Belize Performance. Contact private capital available for Tel: 011.501.223.2077* Email: Member Maurice Schufford. all legal, viable projects. [email protected] Web: Get smart! Go to http://www. $500K Minimum; NO www.belizeoffshoreinvestors.com mygasstationincome.mybpblz.com/ Maximum – worldwide. Brokers and other Deal-Makers HOW TO LEGALLY PROTECT I will purchase your trust are invited, with fees protect- YOUR ASSETS. Oxford Club deed or mortgage with cash! ed. Contact Member D.J. Wealth Advisory Panel Contact Member Richard Callender at 301.494.3800, Member, International Leonard at 757.653.6197 (PM) [email protected] or visit: Attorney, past Adjunct- or [email protected] www.immediatecapital.com Professor of Law, former judge, retired trial litigator, and author, David Tanzer. Book and Video shows how Oil & Gas to protect your assets using stateside and offshore Returns can be 50% and greater p.a planning techniques. www.DavidTanzer.com or Did you know if you invest in Oil or Gas drilling, the 800.220.6777 to order. payoff potential is huge and you can write off up to 100% of your investment against ordinary income? Disputes? Owed money? Been taken advantage on HOWEVER you could lose 100% investment or business of your investment deals? Take action, be com- pensated! No cost unless we Due Diligence reduces risk get results! Contact Member BENEFIT FROM OUR RESEARCH! Jack Baugher at 509.966.0359. Member – Chris Thompson Get out from mortgage Stonehenge Capital Research Inc. payments! We get mortgage [email protected] debts legally forgiven! Contact Toll Free 1.888.926.4942 Lifetime Fellow Member Rich

13 M EMBERS’ EXCHANGE

Immediate and unlimited. your copy by return, send Cancun, Puerto Vallarta, Capital available for all legal, $24.95 to Member Mark Acapulco, Rosarito Beach, viable, commercial projects on Hurley, PO Box 331, and Colorado. 2-BD, a global basis minimum US$2 Mohegan Lake, NY 10548. 2-BA, 1 week per year. Sell for million/no maximum! $15,000 or rent $500 per week. Lawyers, Accountants, Deal Contact Member Jack Reeves Makers invited and protected. HEALTH SERVICES at 317.842.9584. Must provide us with your Business Plan or other form of So unique it’s patented. Affordable Lodging. Very complete, written, documenta- Eliminates artery blocking nice, spacious, cac, furnished tion for consideration. Contact plaque nutritionally. Contact rooms available to fellow Member Paul Tomasi. USA Member Ira Marxe at Oxford Club and Agora Voice # 843.682.3570. 888.824.3745 or E-mail: [email protected] or members, visiting or on a www.aalex.biz business trip to Toronto, FOR SALE Canada. On a weekly basis. Immaculate baths. Only Protect your Wealth. Crystal- TRAVEL $200/week. Your home away ize gains – Optimize profits. OPPORTUNITIES from home. Contact Discover the secret indicator Chairman’s Circle Member: that precedes Stock Market For Sale/Rent. Timeshare in Waseem Jaffery 647.836.4512, Tops with precision. Order worlds best spots any week in [email protected]

Placing an Ad in The Members’ Exchange

Classified Ads — First Listing FREE! Members with a Premiere membership or higher are entitled to one free ad (printed & online) per membership up to 45 words including name and contact info.

Rates: • Premiere Members: US$4.75/word • Director’s Circle: US$4.05/word • Chairman’s Circle: US$3.69/word • Shading or Border: US$20 • Boldface or ALL CAPITALS: 50¢/word • Hyperlinks: $50

Display Ads:

Membership Level 1/4 1/8 Premiere members $899 $469 Director’s Circle $849 $429 Chairman’s Circle $779 $400

The Members’ Exchange Melissa Ordanza 105 W. Monument St., Baltimore, MD 21201 Tel: 410.223.2643 or 800.992.0205 Fax: 410.223.2650; E-mail: [email protected]

14 CCalendaralendar ooff EEventsvents

MAY Former Investment Director of The Oxford Club, Dr. Steve Sjuggerud,would like to invite you to an important – and private – meeting. At this meeting, you’ll TRUE WEALTH GOLD discover why this particular investment is still one of the cheapest and most CONFERENCE undervalued around... and why it could bring you triple-digit profits by the end May 31, 2006 of this year. The fact is, most people simply don’t know the great investment Hyatt Regency, Long Beach, CA options available in this sector... including a few innovative new ways to invest (one of which will be presented for the first time anywhere at this private meeting). Special Guest Speakers will include expert Mt. Vernon Options Club editor Lee Lowell and The Oxford Club’s Horacio Márquez. Please note: Dr. Sjuggerud’s meeting is not open to the public. For more information, please call Event Manager Kristen Kossuth at [email protected] or 410.864.1717. Don’t forget to mention you are an Oxford Club member.

JULY Agora Financial has done something no other investment advisory organization can do... They spent the year sending their investment advisors out to scour the THE AGORA FINANCIAL world for 2006’s top wealth-generating strategies... Some come from the U.S., WEALTH SYMPOSIUM many come from across the globe. You’ll be amazed at what the experts you July 25-29, 2006 already trust have discovered. They will reveal all of their findings only at the Vancouver, BC 2006 Agora Financial Wealth Symposium scheduled for July 25-29 at one of Fairmont Hotel our favorite hotels in the world, the Fairmont in Vancouver. The lineup is already impressive, with investment minds like Mt. Vernon Options Club’s Karim Rahemtulla, Alexander Green, Steve Sjuggerud, Ph.D., Mark Skousen, Louis Bass, Horacio Márquez, Addison Wiggin, Kevin Kerr, Dan Denning, James Boric, Rick Rule, Robert Bauman and the notorious Bill Bonner. Special guest speakers include Doug Casey and the always entertaining Steve Forbes. Please call Event Director Barbara Perriello at 800.926.6575 or 561.243.6276 for more information.

NOVEMBER If you want a complete immersion in the art of smart investing (along with a great networking opportunity), I encourage you to check out the New Orleans THE NEW ORLEANS Investment Conference 2006, scheduled for November 15-19, 2006 at the INVESTMENT CONFERENCE Marriott Hotel in beautiful downtown New Orleans... only blocks from the November 15-19, 2006 French Quarter. The event’s going to feature an entire day of Oxford Club, Mt. New Orleans Marriott Vernon Options Club and Agora Financial speakers... including top speakers like Karim Rahemtulla, Alexander Green, Mark Skousen, Addison Wiggin, Louis Bass, Steve McDonald and Bill Bonner. Other fantastic headliners will also be on hand. For information, contact Kristin Keeney at 410.223.2658, or 800.992.0205 or e-mail her at kkeeney@oxford- club.com

TBD We are still in the planning stages for our Fall Agora Financial Options Conference, but we wanted to let you know that we are looking to out-do the THE AGORA FINANCIAL options seminars we’ve had in the past. Agora Financial is working closely with OPTIONS CONFERENCE Karim Rahemtulla and The Mt. Vernon Options Club to make this year’s Options Time and Place TBD Conference the best ever. For more information and to pre-reserve a spot, please call Colleen Monahan at 410.895.7977 or e-mail her at [email protected] MEET THE OXFORD CLUB TEAM IN A TOWN NEAR YOU Learn the Secrets of Wealth-Building from America’s Top Financial Experts Belonging to The Oxford Club has many advantages, but none so rewarding as being able to attend the Regional Chapter Meetings. If you haven’t been to one – it’s a must! You’ll hear expert speakers discussing the hottest trends in the investment world, and how they affect your future. And, you get to mingle with other investors who live in your community, forging profitable, lifelong relationships.

CHAPTER MEETING SAN FRANCISCO PORTLAND SCHEDULE CALIFORNIA OREGON ~2006~ “IPO Crash Course: “IPO Crash Course: Look below for upcoming 2006 5 Keys To Identify The Best 5 Keys To Identify The Best chapter meetings close to you, First Day Performers” First Day Performers” and don’t forget to register… WHEN WHEN IT’S FREE! June 27, 2006 June 29, 2006 WHO WHO JULY 31 CALGARY Louis Bass is an advisory panelist for Louis Bass is an advisory panelist for The Oxford Club, as well as the editor The Oxford Club, as well as the editor of the Hot IPO Trader and the of the Hot IPO Trader and the AUGUST 2 TORONTO Takeover Trader alert services. Takeover Trader alert services. WHERE WHERE The Westin Portland TBD SEPTEMBER 14 ANNAPOLIS 750 Southwest Alder Street RSVP by June 23, 2006 Portland, OR 97205

ADDITIONAL SPEAKERS: RSVP by June 23, 2006 Jeff Taylor, Joe Gandolfo, Don Hosmer, OCTOBER 19 DETROIT Steve McDonald and Barry Potekin ADDITIONAL SPEAKERS: Jeff Taylor, Don Hosmer, Steve McDonald and Barry Potekin NOVEMBER 9 NEW YORK

ADDITIONAL SPEAKER INFORMATION FREE REGIONAL CHAPTER MEETINGS DON HOSMER, CEO, President & Director | Royale Energy, Inc. 12:30PM – Registration 7676 Hazard Center Drive | Suite 1500 | San Diego, CA 92108 1:00-5:30PM – Presentations / Program 619.881.2800 | fax 619.881.2899 | [email protected] | www.royl.com *Cost: FREE BARRY POTEKIN, VP of Public Relations / The RMB Group, A Divison of Man Financial | 141 W. Jackson Blvd. | Suite 180C TO REGISTER Chicago, IL 60604 | 888.281.9570 | [email protected] Space on all days is limited. Reserve your place before JOE GANDOLFO, PH.D. | Joe Gandolfo, Ph.D. & Associates the R.S.V.P. date by phoning Member Services at P.O. Box 6989 | Lakeland, FL 33807-6989 | 800.553.1008 fax 863.646.4840 | [email protected] 800.992.0205 or 410.223.2643 *Professional attire is kindly requested for all OC events. DAVID MELNIK, Q.C., Wealth Protection Advisor, The Oxford Club, 350 Lonsdale Rd, Suite 311, Toronto, Ontario, Canada M5P 1R6 416.488.7918, fax 905.877.7751 | [email protected] For More Information, Please Visit Our JEFF TAYLOR, VIP Trading Specialist, The Oxford Club Website at www.OxfordClub.com 866.364.8582 | fax 410.783.8464 | [email protected]