<html xmlns="http://www.w3.org/1999/xhtml">
<head>
<meta content="text/html; charset=utf-8" http-equiv="Content-Type" />
<title>Untitled 1</title>
<script src="http://ajax.googleapis.com/ajax/libs/jquery/1.3.2/jquery.min.js" type="text/javascript"></script>
<script type="text/javascript">
$(function() {
var firstLi = $('li:first');
var anchor = '<a href="javascript:void(0)" onclick="myclick(\'' + firstLi.text() + '\')"></a>';
firstLi.wrap(anchor);
});
function myclick(test) {
alert(test);
}
</script>
</head>
<body>
<ul id="myUL">
<li>Dav Letterman</li>
</ul>
</body>
</html>