Paul Newsome

PAUL NEWSOME, Vice President, joined A.G. Edwards & Sons, Inc., on
January 15, 2003. His coverage responsibilities are in the property-
casualty insurance area. Mr. Newsome previously worked for Lehman
Brothers where he was Vice President/Senior Equity Analyst responsible
for all equity property-casualty insurance company coverage. Prior to
Lehman, he had worked in the insurance area at CIBC and Dain Bosworth.
He has a BA in Mathematics and Economics and an MS in Economics. Mr.
Newsome is a well-established analyst and was ranked as number one ‘best
up-and-comer’ and number ten ‘overall’ in the 2002 Institutional
Investor magazine survey (property-casualty insurance sector).