About Speer Financial

Financial Advisor Rankings:
Illinois Competitive Tax-Exempt Long-Term New Issues: 2003

	Financial Advisors	# of Issues	Rank Activity	Principal Amount (000,000)	Average Principal Amount (000,000)
1	Speer Financial, Inc.	104	1	$697.0	$6.71
2	R.V. Norene & Associates, Inc.	32	2	121.30	3.79
3	Ehlers & Associates	22	3	194.40	8.84
4	Ponder & Co.	21	4	794.30	37.82
5	Kane, McKenna Capital Inc.	16	5	45.40	2.84
6	A.C. Advisory, Inc.	10	6	1,713.80	171.38
7	Public Finance Resources, Ltd.	10	6	44.40	4.44
8	Kirkpatrick Pettis	8	7	1,940.60	242.58
9	Robert W Baird & Co. Incorporated	7	8	59.40	8.49
10	John S. Vincent & Company (IL)	6	9	193.60	32.27
11	Kaufmann Hall & Associates, Inc.	4	10	181.50	45.38
12	Pandolfi, Topolski, Weiss and Company	4	10	257.90	64.48
13	William Blair & Company	4	10	199.70	49.93
14	Northern Trust Company	3	11	27.20	9.07
15	Austin Meade Financial Ltd.	2	12	119.60	59.80
16	Banc One Capital Markets Inc.	2	12	119.60	59.80
17	First Albany Capital Inc.	2	12	326.20	163.10
18	FPT&W, Ltd.	2	12	259.70	129.85
19	Gardner Underwood & Bacon	2	12	209.90	104.95
20	Legg Mason Wood Walker Inc.	2	12	8.20	4.10
21	Public Financial Management	2	12	250.00	125.00
22	Public Sector Group, Inc.	2	12	428.80	214.40
23	Starshak Weknhofer & Co	2	12	24.30	12.15
24	Piper Jaffray & Co	1	13	2.70	2.70
25	Public Finance Consultants, Inc.	1	13	3.30	3.30
26	Ring McAfee & Co	1	13	24.70	24.70
27	Scott Balice Strategies	1	13	963.00	963.00
28	The Knight Group	1	13	74.80	74.80
29	Warren Associates	1	13	0.80	0.80
	Totals	275		$9,286.50	$33.77
	Speer Financial, Inc.'s Percent of Total Volume	37.82%
	Source: Thomson Financial Securities Data Company Note: Full Credit to each Financial Advisor