First Analysis’s Business Continuity Plan

First Analysis Securities Corporation and its affiliated investment advisers (together “we” or “First Analysis”) have developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us – If after a significant business disruption you cannot contact us as you usually do at 312-258-1400, you should go to our website at www.firstanalysis.com.

Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternate communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter- party impact; and regulatory reporting.

Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm’s office, the city where we are located or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In the event of a significant business disruption, we have plans to place to move to remote locations as necessary. In either situation, we plan to continue in business and notify you through our website, www.firstanalysis.com, how to contact us.

First Analysis plans to continue corporate finance and investment advisory businesses during this scenario. First Analysis plans to make alternative corporate finance and investment advisory personnel contact instructions available to its clients within 24 hours of the SBD start if normal means of contact cease to function. First Analysis plans to post these instructions at its backup Web site (reached at the normal URL) within 24 hours of the SBD start. Available corporate finance and investment advisory personnel with access to working wireless or wireline phone service will respond to and initiate client contact on a remote-access basis as appropriate.

For more information – If you have questions about our business continuity planning, you can contact David Leshuk at 312-258-7131.