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Institutional Shareholders Abandon HLS

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Spark feeling some heat; Vanguard needs a little hotter reminder.......Once again HLS finds itself with few, if any, friends in the financialworld.HLS may think they are clever trading their stock under the ever sonicesounding tag of Life Sciences Research, but when these duped investorsfind outwho LSR actually door they invariably vote with their feet and drop thestock!HLS currently has only 2 institutions shareholders of any size, one ofwhich Spark have already sold two-thirds of their holding so one would thinkthey too have seen LSR for who they really are, the only other one VanguardGroup has 45,000 in various funds of theirs. Even this is a tiny fraction of thenumber of shares institutional investors would normally hold in companieswhere they are usually number in the millions, or tens of millions!The following are companies who in

the last few weeks have dumped LSR'sstock!Transamerica Investment, Frontier Capital, SAC Capital, AXA, Wachovia,Alternative Investment Partners & Rathbone Brothers. Contact info for Spark and Vanguard: Spark Management LP Peter Laventhol Principal/Owner150 E 58th St. New York, NY, 10155-3599 Phone: 1.212.826.1900e-mail: sparklpMark to attention of Peter Laventhol like this:Peter Laventhol <sparklp The Vanguard Group John J. Brennan Chairman and CEO100 Vanguard BoulevardMalvern, PA 19355USAPhone: 1-610-669-6324Fax: 1-610-669-6246e-mail: jack-brennan http://www.crueltyfree.com/ForTheAnimals

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