Heather:

Please find attached the July Report indicting the amounts the various trading books will grant to the Middle Market Group under our profit sharing agreement.

Thanks

Chris


Middle Market 					July Orig	
Long Term Southwest (Matt Motley)	            $1,530,055 	
Long Term Northwest (Mike Swerzbin)		$3,466,842 	
Long Term California (Bob Badeer)                        $223,986 	
Long Term West Management (Tim Belden)           $381,929 	
Short Term Southwest (Fischer/Alonso)		   $31,815 	
Short Term Northwest (Crandall/Scholtes)             $136,194 	
Short Term California (Mallory/Platter)	             $450,824		
			
Total		                                                 $6,221,644