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<table width="700">
	<tr><td valign="top"><img src="http://www.amcf.org/2006/emails/images/july10_logo.gif" alt="AMCF" width="163" height="142" /></td>
	<td align="right"><img src="http://www.amcf.org/2006/emails/images/july10.gif" width="462" height="197" /></td>
	</tr>
	<tr><td height="120" colspan="2" align="center"><span class="style1"><span class="style2">Please take advantage of the ability to download an electronic<br /> 
	  copy of this year's survey at the following link:
          </span><br />
          <a href="http://www.amcfsurvey.com" target="_blank">www.amcfsurvey.com</a></span></td>
	</tr>
	<tr><td colspan="2"><p class="style5"><span class="style6"><u>Free custom report for participants only!</u></span><br />
	      <span class="style8">By participating in the 2006 Operating Ratio Report you will receive
	        a free comparison of your firm's performance to the aggregated total.
	        Your firm will benefit from the variety of perspective of 19 years
	        of research. It provides a critical tool for examining, comparing
	        and managing your business for maximum success. </span><br />
  <br />
  <span class="style9"><u>Free Complete survey for AMCF member Operating Ratios participants.</u></span><u><br />
  </u> <br />
  <span class="style8"><strong><u>How to get a survey if you need one:</u></strong><u><br />
  </u>Contact AMCF at 212.551.7887 to receive your firm's survey form TODAY!<br />
	  E-mail us your request: <a href="mailto:info@amcf.org">info@amcf.org</a> &nbsp; </span><br />
	  <span class="style11">Or you can also now download an electronic copy of this year's survey
	  at the following link: <a href="http://www.amcfsurvey.com" target="_blank">www.amcfsurvey.com</a>. </span><br />
  <br />
  <br />
  <span class="style8"><strong><u>Your participation is needed!</u></strong>&nbsp; In
  order to provide you with the most meaningful data that you need for this
  essential management instrument we need to have your firm participate.
  Many of you have used our reports as a valuable tool to determine industry
  norms of fee arrangements, financial operating results, employee recruiting,
  compensation and benefits, billing procedures and a variety of other key
  management solutions.</span></p>
	    <p align="center" class="style12"><u>Don&rsquo;t delay!</u></p>
	    <p align="center" class="style12"><br />
          <br />
      </p></td>
	</tr>
	<tr>
	  <td colspan="2" align="center"><p align="center"><span class="style15"><strong>380 Lexington Avenue, Suite
	        1700</strong> <strong>New York, NY</strong> <strong>10168</strong> <strong>USA<br />
	        Tel: 212-551-7887 Fax: 212-551-7934 Email:</strong> <a href="mailto:info@amcf.org">info@amcf.org</a> <strong>Web:</strong>&nbsp; <a href="http://www.amcf.org/" target="_blank">www.amcf.org</a> </span></p>
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