We continue to work with our Development staff on the GUS problems that occurred yesterday and during last evening�s processing. (Please refer to the notice that was faxed by the Clearing House last evening). Additional problems that were reported are Out-trades that did not appear on the Trade Register which should be re-added today. Another reported problem this morning was that Reversals didn�t work. These should be done with Type "8" transfers today. We will waive the transfer fees if you notify Michele Ivanski for Steve Staszak of the number of transfers you had to do as a result of the Reversal problem.

Shortly, we will send you a notice that details each outstanding issue and a timetable for its resolution.

In the meantime, we have determined that it would be more prudent to not back out of this version of GUS and to maintain the new version due to the additional problems that might result.

Please keep your GUS staff apprised of any new information that we send you so that everyone is aware of our progress.

Please notify all of the appropriate staff at your firm of this request. We are also keeping FIRMLine updated with current information � (312) 454-8989.

We again want to sincerely apologize for any inconvenience these problems this situation continues to cause. Thank for your patience!