A Personal Message from Kenneth J. Gerbino
Dear Investor,

I'd like to personally thank you for your interest in Kenneth J. Gerbino & Company. Our firm is in its 37th year managing portfolios for individuals, pensions, trusts and corporations. We focus on three primary investment strategies: Special Preservation Account, Gold Mining Stock Account and the Gerbino Gold Group LLC.

In our view, responsibility for managing your wealth requires that we respond prudently to ever-changing political, economic and market environments. Portfolios cannot be managed in a "business as usual" manner. The world has changed dramatically in the last 20 years. Our goal is to focus on safety and capital preservation in the Special Preservation Account and a more aggressive posture in the mining sector but using value in the ground and growth of cash flow as two of the key guidelines to investing in this sector.

Although we make the investment decisions as your investment advisor, all of your funds are held by a leading outside financial institution, the Beverly Hills branch of UBS one of the largest investment institutions in the world.  Your account is a separate account in your name only.

With our commitment to superior client service and communication, we will regularly keep you informed of our investment strategy and promptly respond to your questions and any needs you may have.

We look forward to hearing from you .. and once again thank you for your interest.

Best wishes,

Kenneth J. Gerbino

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Kenneth J. Gerbinio & Company
Investment Management
9595 Wilshire Boulevard
Suite 303
Beverly Hills, California 90212

Telephone: 310.550.6304
Fax: 310.550.0814
Email: kjgco@att.net