SMH Capital Investment Banking Group - Patriot Act Disclosure

Sanders Morris Harris - Full Service Investment Banking for the Middle Market

Saturday, October 11, 2008

Patriot Act Disclosure

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT OR ESTABLISHING A NEW CUSTOMER RELATIONSHIP

To help the U.S. government fight the funding of terrorism and money laundering activities, Federal law requires all U.S. financial institutions to obtain, verify, and record information that identifies each individual or institution that opens an account or establishes a customer relationship with SMH Capital Inc.

What this means: If you enter into a new customer relationship with SMH Capital Inc., we will ask for your name, address, date of birth (as applicable), and other identification information. This information will be used to verify your identity. As appropriate, we may, in our discretion, ask for additional documentation or information. If all required documentation or information is not provided, SMH Capital Inc. may be unable to open an account or establish a relationship with you.

The services described on this web site are intended for persons in the U.S. only and may not be available in all jurisdictions or to all persons. For further detail, please see our Terms of Use. ©2007 SMH Capital Inc. Member FINRA/SIPC, a subsidiary of Sanders Morris Harris Group Inc. (NASDAQ: SMHG). All rights reserved