For Further Information, call:
Patrick Fowler, The Spaulding Group: +1-732-873-5700

THE SPAULDING GROUP COMPLETES IT'S FIRST CGIPS™ EXAM PREPARATION TRAINING SESSIONS


Somerset, NJ - January 31, 2006. The Spaulding Group (TSG) has completed its offering of the first CGIPS Principles Exam Preparation Classes, a class designed to prepare CGIPS Principles Exam candidates. This test is offered by The CFA Institute. Five classes were held over the past two weeks in New York, Boston, Chicago, Los Angeles and London.

"We are very pleased with the amount of interest there has been regarding the CGIPS Principles exam" said Patrick Fowler, Senior Vice President, Operations. "Our initial survey indicated a strong desire from the industry to have a certification and the response rate to date only reaffirms the surveys findings."

"While putting the class together, we were both surprised by some of the material being tested." said John D. Simpson, Vice President. "This is not going to be an exam that you can just walk into the test center, sit down and pass. We encourage all CGIPS candidates, to allocate the proper preparation time, otherwise the materials may surprise you."

The CFA Institute's CGIPS program is a two-exam process which will be offered for the first time in March 2006. It is designed to recognize those performance measurement professionals who have achieved a significant body of knowledge and expertise in the areas of rates of return, attribution, risk measurement, ethics, and, of course, the performance presentation standards.

The Spaulding Group's CGIPS Principles Exam Preparation Classes are taught by Spaulding Group founder and president, David Spaulding; and John Simpson, Vice President, West Coast Operations. The Spaulding Group has conducted training classes throughout the United States, as well as in Europe, Australia, South Africa, and the Middle East.

With offices in the New York City Metropolitan area and Los Angeles, The Spaulding Group, Inc. is the leader in investment performance measurement products and services. TSG publishes The Journal of Performance Measurement, a quarterly publication they launched in 1996, and hosts the Performance Measurement Forum. The firm hosts the annual Journal of Performance Measurement Performance Measurement, Attribution and Risk (PMAR™) Conference and the Fixed Income Attribution (FIA™) Symposium. Through the Institute of Performance Measurement, the firm offers performance measurement training, including an introductory course on performance measurement, a course on performance attribution, and a performance measurement class specifically designed for plan sponsors and consultants. The company was founded in 1990 by David Spaulding and provides services and products to financial institutions throughout the world. Other details about TSG's services may be obtained from its website: www.SpauldingGrp.com.

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