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* Disclosure Statement

South Texas Money Management, Ltd.
Third Annual Energy Symposium

The Election and Energy: Power, Change and Opportunity

June 4, 2008
11:00 a.m. - 7:00 p.m.
The Argyle Club
934 Patterson Avenue
San Antonio, Texas 78209

11:00 am Registration
11:20 am-11:30 am Introduction: Ms. Jeanie Wyatt CFA, CEO & Chief Investment Officer, South Texas Money Management, Ltd.
11:30 am-12:30 pm A U.S. Political Perspective: Mr. Greg Valliere, Chief Strategist, Stanford Washington Research Group
12:30 pm Lunch
12:40 pm-1:30 pm A Texas Perspective: Commissioner Elizabeth Ames Jones, Texas Railroad Commission
1:30 pm-1:45 pm Break
1:45 pm-2:30 pm An Industry Perspective: Mr. I. Jon Brumley, Chairman of the Board, Encore Acquisition Company: Developing a Strategy Today's Global Energy Market
2:30 pm-3:30 pm Two Carbon Economy Perspectives:
  1. Dr. Michelle Michot Foss, Chief Energy Economist and Head, The University of Texas Center for Energy Economics: Creatures of Carbon

  2. Mr. Russell Martin, Executive Vice President, Blue Source: The Carbon Market: From a Carbon Capture and Storage Perspective
3:30 pm-4:30 pm A Global Perspective: Ms. Amy Myers Jaffe, Wallace S. Wilson Fellow in Energy Studies, James A. Baker III Institute for Public Policy, Rice University and Associate Director, Rice University Energy Program: The Global Energy Market: Geopolitical and Financial Risks
4:30 pm-5:15 pm A Trade Association Perspective: Mr. John Felmy, Chief Economist, American Petroleum Institute, Washington, D.C.: 2008 Energy Symposium Presentation
5:15 pm-5:25 pm Wrap-up: Ms. Nancy Sauer, Government Relations Consulting
5:25 pm-5:30 pm Close: J. Lance Lahourcade, South Texas Money Management, Ltd.
5:35 pm-7:00 pm Cocktail Reception

*Please note the agenda and schedule are subject to change
The information available, discussed or presented through the Energy Symposium is for general information only and is not intended to provide specific legal, tax, regulatory or investment advice nor is it an offer or solicitation to buy or sell securities. The opinions of the speakers as well as any services or information provided by the speakers are independent of South Texas Money Management, Ltd. ("STMM"). STMM makes no representations about the accuracy of the information available, discussed or presented during the Energy Symposium or its appropriateness for any given situation.