Established 1911
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Dear Prospective Member:

The national STA, in conjunction with our eight regional chapters, is inviting you to take advantage of an attractive opportunity to join the STA along with your initial membership in a regional chapter.

For a limited time, you can join the STA as a Full Member for $300 which represents a $200 discount off of our regular Full Membership fee of $500. Alternate Memberships are $120 which represents an $80 discount off of our regular Alternate Membership fee of $200. Also if you join during this special membership drive period, you will be eligible for an additional $100 discount off of 1996's annual conference registration fee. This year's annual conference will be held in Scottsdate, Arizona from October 23 through October 26.

All you have to do is fill out the enclosed application form, check the box representing the regional chapter in which you are joining and mail to the STA. We will send you an invoice reflecting the discounted fees for the membership type you have chosen.

Although our membership brochure lists the many benefits you will receive by being a member of the STA, I want to specifically mention the Medallion Insurance coverage that comes with your membership. Where else can you get $2 million of insurance for $300? Also with your membership, you have the option to purchase, at a substantial discount, the CCH Guide which provides you with up-to-date changes in federal and state regulations governing the transfer of securities. Lastly, I want to mention that the STA is also developing the STARR insurance program which will be available to members utilizing optical scanning to store canceled certificates.

These benefits and more are available to you by joining the STA. Couple reduced price and the many changes going on in our industry, and we trust you will agree that joining the STA now is very compelling. We would like you to join our association. Please fee free to call me personally at (212) 946-3221 if I can answer any questions or provide additional information on the STA.

Sincerely,



Thomas J. Maupin
Vice President


P.O. Box 5067 Hazlet, New Jersey 07730-5067 (908) 888-6040 FAX: (908) 888-2121

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VALUE ADDED

The Securities Transfer Association's dynamic focus on regulations and industry trends affecting stock, bond or fund transfer agents and custodians has resulted in numerous STA accomplishments including:

Plus many more!

Once you have reviewed
the benefits of membership,
we are sure you will agree that
the STA represents

The MOST
Valuable Membership


THE STA: A BRIEF HISTORY

The Securities Transfer Association (the "STA") was established in 1911 to provide an industry forum for problems common to the transfer industry. In its recent history, the STA has expanded its role, providing a dynamic industry organization that has proactively helped shape IRS and SEC regulations to the benefit of its membership.


MEDALLION INSURANCE

The STA Transfer Agent Medallion Excess Policy provides coverage to the STA Members when the member is unable to recover under the STAMP or SEMP Indemnity Agreement or Surety Bond in the event they become legally obligated to pay damages resulting from an act, omission or error related to the member's acting upon a medallion imprint, whether genuine or counterfeit. The policy provides an aggregate coverage of $20 million with an annual cap of $2 million for any one insured member.


PUBLICATIONS

Membership with the STA brings the latest STA Rule Book, the annual STAMP participant booklet and the Quarterly STA Newsletter. The CCH Guide, an invaluable reference manual for all stock, bond or mutual fund transfer agents or custodians, provides up-to-date information on the ever-changing federal and state regulations governing the transfer of securities. The CCH Guide, available to our members for an additional cost of $350, retails for over $700 for non-members.


EDITORIAL CREDITS

The STA's Information-packed meetings provide timely updates on industry topics and continuing educational credits for the ICB Certified Corporate Trust Specialist.


A NETWORK OF INFORMATION

The STA provides a valuable forum for helping its membership stay abreast of the fast paced changes in today's business climate. Through the STA newsletter, quarterly meetings, special news releases and information sessions or classes, and industry contacts the STA provides a valuable conduit of information to help keep you current.

In addition, the networks you establish and friends you meet will provide added resources to use in your profession.


BENEFITS OF MEMBERSHIP

Today's membership in The Securities Transfer Association brings more value to your organization than perhaps any other professional organization. From the added benefits of STAMP medallion insurance, to the CCH Guide and informative newsletter, the STA represents an unparalleled value for its membership.

The benefits of membership begin immediately, as soon as your application is received and approved by the Board of Directors.

If you should have any questions or require additional information, please call the STA at (908) 888-6040.


FULL MEMBERSHIP

With your full membership in the STA, you receive:

The cost of full membership is $500 annually. To also receive the CCH Guide add an additional $350 to your membership fee.


ALTERNATE MEMBERS

Alternate Members receive:

The cost of an Alternate Membership in the same Company as a Full Member is $200 annually.


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