G & W EQUITY SALES, INC.
Business Continuity Plan (BCP)
Disclosue Statement
Effective September 10, 2004
Revised Effective Date: February 1, 2007

The National Association of Securities Dealers (NASD) has adopted rules requiring member firms such as G & W Equity Sales, Inc. to implement plans for the continuation of business in the event of a significant business disruption (SBD). A SBD refers to local or regional events such as natural disasters, fires, and power outages, acts of malice or terrorism, and technical infrastructure disruptions.

In accordance with the NASD’s rules, G & W Equity Sales, Inc. has developed and implemented a Business Continuity Plan (BCP). Among other steps, we have created secondary business locations as back-ups to our normal business location and have arranged for back-up electronic storage of certain firm records. We have also arranged for alternative communication resources for both our internal associates and our external customers and vendor partners.

The purpose of our firm’s BCP is to ensure that we are able to continue our business activities and continue serving our customers with the least possible impact in the event of any of the disruptive events described above or other unforeseen circumstances.

Upon request, we will provide additional information about G & W Equity Sales, Inc.’s BCP. Please contact us at 1-800-347-5737 if you have any questions. A copy of our BCP is posted on our sister company’s Web site www.gardnerwhite.com.