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EMAIL DISCLOSURE



This communication is for informational purposes only and nothing herein should
be construed as a solicitation, recommendation or an offer to buy or sell any
securities or product. The information contained herein has been obtained from
sources believed to be reliable, but Oppenheimer & Co. Inc. (“Oppenheimer”) does
not guarantee accuracy or completeness. Oppenheimer and its affiliated
companies, their officers, directors and employees may have a position in or
make a market in any securities mentioned above, and may act as an investment
banker or adviser to such companies.

Investments in financial instruments carry significant risks, including the
possible loss of the principal amount invested. Financial instruments
denominated in a foreign currency are subject to exchange rate fluctuations,
which may have an adverse effect on the price or value of an investment in such
product. Past performance is not a guarantee or indication of future results.

Client account information or transaction details do not supersede mailed
confirmations or account statements, which are the only official records
containing this information. As a matter of policy, orders are not accepted via
e-mail or voicemail and no responsibility shall accrue relating to any orders
placed in this manner.

This communication may contain privileged and confidential information, or may
otherwise be protected from disclosure, and is intended solely for use of the
intended recipient(s). If you are not the intended recipient of this
communication, please notify the sender that you have received this
communication in error and delete and destroy all copies in your possession.

E-mail messages are not guaranteed to be secure. They may contain computer
viruses or other defects, may not be accurately replicated on other systems, or
may be intercepted, deleted or interfered with without the knowledge of the
sender or intended recipient.

Oppenheimer does not provide tax, accounting or legal advice. This e-mail and
any attachments are not intended or written to be used, and cannot be used or
relied upon, by any taxpayer for the purpose of (i) avoiding U.S. tax related
penalties or (ii) promoting, marketing or recommending to another party any
transaction or matter addressed herein.



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