Securities Listed on New York Stock Exchange – 1st Quarter 2004
J.D. Seibert & Co., Inc.

Summary Statistics:

Non-directed orders as percentage of total customer orders   2075/2075
Market orders as percentage of total non-directed orders     1290/2075
Limit orders as percentage of total non-directed orders      749/2075
Other orders as percentage of total non-directed orders      36/2075

Venues receiving significant percentage of total non-directed orders:

NYSE                                                         5/2075
Knight Capital Market,LLC                                    2070/2075

Information Concerning significant Venues:

NYSE

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             3/749
Market orders as percentage of total market orders           2/1290


Knight Capital Market,LLC

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             746/749
Market orders as percentage of total market orders           1288/1290
Other orders as percentage of total other orders             36/36