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ess of a specified amount and would not be deductible in calculating alternative minimum tax liability. Pursuant to Temporary Regulations issued by the Treasury Department, these limitations on deductibility should not apply to a noncorporate Limited Partner's share of the expenses of the Master Partnership to the ext
e information and reporting that other investors may not receive, and such information may affect an investor's decisions regarding Millennium USA. Exculpation. The Partnership Agreement provides that none of Millennium Management or its affiliates will be liable to any Limited Partner or Millennium USA for
ich are not deductible by a noncorporate taxpayer in calculating its alternative minimum tax liability. Pursuant to Temporary Regulations issued by the Treasury Department, these limitations on deductibility should not apply to a noncorporate Limited Partner's share of the expenses of the Master Partnership to the ext
nformation and reporting that other shareholders may not receive, and such information may affect an investor's decisions regarding Millennium USA. Exculpation. The Partnership Agreement provides that none of Millennium Management or its affiliates will be liable to any Limited Partner or Millennium USA for
ich are not deductible by a noncorporate taxpayer in calculating its alternative minimum tax liability. Pursuant to Temporary Regulations issued by the Treasury Department, these limitations on deductibility should not apply to a noncorporate Limited Partner's share of the expenses of the Master Partnership to the ext
nformation and reporting that other shareholders may not receive, and such information may affect an investor's decisions regarding Millennium USA. Exculpation. The Partnership Agreement provides that none of Millennium Management or its affiliates will be liable to any Limited Partner or Millennium USA for
Entities connected to both U.S. Treasury and Exculpation

United States
LOCATION
George W. Bush
PERSON
Ghislaine Maxwell
PERSON
New York
LOCATION
United Kingdom
LOCATION
Wilbur Ross
PERSONCayman
LOCATION
the Internal Revenue Service
ORGANIZATION
Mohammed bin Salman
PERSON
Dallas
LOCATION
JPMorgan Chase
ORGANIZATION
Malaysia
LOCATION
New York State
LOCATIONKeogh
ORGANIZATIONMarkel
ORGANIZATION
Tokyo
LOCATIONthe State of New York
LOCATION
Luxembourg
LOCATIONErnst & Young LLP
ORGANIZATIONthe University of Pennsylvania
ORGANIZATION