Halter USX China Index

As part of our China strategy, HFG has actively moved into the asset management business with several key initiatives. In 2003, HFG launched the Halter USX China Index. The Index is listed under the symbol (NYSE Arca: HXC), and with certain data vendors "^HXC", and employs a modified market capitalization weighted methodology. The NYSE Arca is our exclusive partner for the calculation and distribution of the Halter USX China Index through the Network of the Consolidated Tape Association. The index is comprised of companies whose common stock is publicly traded in the United States and the majority of whose business is conducted within the People's Republic of China. The Halter USX China Index was created by the Halter Financial Group in response to the unique economic opportunities taking place in China, as well as the current dynamics in the United States capital markets. While there is strong demand for Chinese equity, U.S. investors still seek and prefer the transparency offered with a U.S. listing. So the goal of this product is to combine one of the best investment opportunities in the world with the relative safety of a U.S. listing. The listing of Chinese companies in the U.S. is a growing trend and this index is intended to provide a valuable tracking and information tool for the investment community. For a company to be included in the Halter USX China Index it must have an average market capitalization of more than $50 million for the preceding 40 days, trade on the NYSE, Nasdaq or NYSE Arca and must be approved by our Selection Committee.

For more information on the Halter USX China Index, go to www.USXChinaIndex.com