How many times have you heard of a company that required time-sensitive materials to be distributed to its shareholders immediately, only to discover that beneficial owners did not receive the material in sufficient time to act? If you have heard of such an occurrence once, it is one time too many. With AST's ShareholdersDirect program you will never have that problem.

ShareholdersDirect puts an end to a complex broker distribution system, that can delay the delivery of your time-sensitive material to beneficial owners by as much as several weeks. Whether it is a quarterly earnings report, a rights offering or any other important announcement, you can be sure that all shareholders, whether registered or streetname, will receive the same material at the same time, in days rather than weeks, thereby ensuring a timely response.

With ShareholdersDirect, your interim reports, corporate announcements, dividend checks and any other printed material, will be in the mail within 24 hours after your approval of the final copy. Mailings can be customized with charts, spreadsheets, graphics, logos, photos and even signatures.

Let ShareholdersDirect help you realize these benefits:

• Improve timeliness of delivery to all shareholders
• Attractively packaged mailings that will impress your shareholders
• Cost-savings on the printing of materials
• Cost-savings on "household" mailings whereby we merge non-objecting beneficial owners with registered holders and mail only one piece of material to a household
• Elimination of broker distribution charges

Mailing Services
American Stock Transfer's 45,000 sq. ft mailroom enables us to mail all of your corporate communications quickly and efficiently.