Change of Spread on Forex since March 5, 2007. Spread on EURUSD is only 2 pips now!

Dear Clients!

We are glad to inform you that due to the dynamic development of our company, in particular, increased number of our counterparties and improvement of their status in the Foreign exchange market, we can improve our trading terms. Our services become even more attractive to meet all your investment expectations.

As the first step the Administration of Alpari Ltd. revised the spreads for some of the instruments. That is, beginning with March 5, 2007 spreads for the following sixteen currency pairs will be changed:

Administration of Alpari Ltd. wishes you lucky trading and hopes that such a change of spreads will help increase your profit, which in its turn will have a positive impact on Alpari's financial well-being.

Administration of Alpari Ltd.

Note 1.

In accordance with point 4.3. of the Customer Agreement, namely:

“4.3. The Company specifies spread for each instrument in the contract specifications. The Company is entitled to change spread without prior written notice to the Customer subject to the Terms of Business. Otherwise, the Company shall notify the Customer not less than 14 business days prior to any changes in spread.”

this news is a formal notification of Alpari Ltd. Clients about change of spreads for the pairs specified above.

Note 2.

Unfortunately, currently IB Alpari can not ensure liquidity on USDZAR and EURNZD on the current spreads because of the spread policy of our contracting parties. Once their policy becomes more dovish, spreads for these pairs will be decreased.