X0201 42003-11-17 0001029730 LADENBURG THALMANN FINANCIAL SERVICES INC LTS 0000898860 FROST PHILLIP MD ET AL 4400 BISCAYNE BOULEVARD MIAMI FL 33137 0010Common Stock, $.0001 par value per share2003-11-174P02500.43A1781466IHeld by Frost Gamma Investments TrustThese assets are held by Frost Gamma Investments Trust, of which the reporting person is the trustee and Frost Gamma Limited Partnership is the sole and exclusive beneficiary. The reporting person is the sole limited partner of Frost Gamma L.P. The general partner of Frost Gamma, L.P. is Frost Gamma, Inc. and the sole shareholder of Frost Gamma, Inc. is Frost-Nevada Corporation. The reporting person is also the sole shareholder of Frost-Nevada Corporation./s/ Phillip Frost, M.D. and Phillip Frost, M.D., Trustee of Frost Gamma Investments Trust (Joint Filer)2003-11-18