STAMP, SEMP & NYSE MEDALLION PROGRAMS -- NOTICE OF RECOMMENDED CUTOFF DATE & SECURITY INK CHANGE

[15336] November 7, 2002 TO: OPERATIONS COMMITTEE No. 18-02 TRANSFER AGENT ADVISORY COMMITTEE No. 96-02 BROKER/DEALER ADVISORY COMMITTEE No. 44-02 BANK AND TRUST ADVISORY COMMITTEE No. 12-02 SMALL FUNDS COMMITTEE No. 17-02 RE: STAMP, SEMP & NYSE MEDALLION PROGRAMS -- NOTICE OF RECOMMENDED CUTOFF DATE & SECURITY INK CHANGE Attached is an informational notice issued by the Securities Transfer Agents Medallion Program, Inc. (“STAMP”) regarding the STAMP2000 New Technology Medallions. STAMP recommends that effective March 1, 2003, transfer agents accept only New Technology Medallion imprints from STAMP, Stock Exchange Medallion Program (“SEMP”) and New York Stock Exchange Medallion Signature Program (“NYSE MSP”) guarantors. Until that time transfer agents should continue to accept both the old style and STAMP2000 New Technology Medallion imprints from guarantors. STAMP also reports that effective November 4, 2002 all guarantor orders for Medallion imprint equipment or replacement pads will be filled using new security ink. The new security ink is slightly darker than the current version used, and will produce a more visually prominent imprint while maintaining a high rate of readability by the authentication equipment used by transfer agents. Kathleen C. Joaquin Director - Transfer Agency & International Operations Attachment (in .pdf format)