Dear CAPA members:

The iPod Nano for the oil price prediction contest has been claimed!

We organized the “ Chance of winning an iPod Nano by updating your personal information on CAPA website and entering your prediction of oil price” ( http://www.capaus.org/news.php ) in December of last year; m ore than 30 CAPA members participated in the contest and thank you for your participation!

The closing business day price of light sweet crude on June 29 th , 2007 at the New York Mercantile Exchange was $70.68. Among all the contestants, Mr. Yuh-Hwang Tsao won the contest with his prediction of $71.03!

Congratulations! Mr. Tsao, and thank you for your continued support to CAPA (Mr. Tsao was CAPA 1992 President).

Dr. Wang, Ben
CAPA President