Portfolio

Current Holding

After 14 equity presentations were made by our members to the analyst program, the SIA Stock Selection Committee voted to invest in two (2) companies:

• CB Richard Ellis Group Inc. (CBG)
• Stryker Corp. (SYK)

In addition, after the re-evaluation and further analysis by the analyst program team as well as the S.S.C. The committee voted to inject additional capital into Bank of America (BAC) to take advantage of the discounted price within the financial services industry.

The S.S.C. voted to sell the following companies:

• Altria Group Inc. (MO): reached fair valuation
• ConocoPhillips (COP): reached fair valuation
• Target Corporation (TGT): investment thesis presented was no longer held true

Details on current holdings include (As of May 2, 2008):

Value of Our Portfolio

The monetary value of the portfolio is $15,426.88. The committee has decided to inject $6,000 into the portfolio next semester which will value the portfolio at $21,000. The money is from two main areas. $5,000 will be from the SIA bank account and the remaining $1,000 is from the Student Senate College Capital Committee. The SIA anticipates having the value of the fund up to $25,000 by June 1, 2009