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t the end of the presentation. The 2008 return includes a OAAP reserve of up to -2.61% relating to a write-off of the total exposure relating to the Lehman bankruptcy The 2009 return includes a gain of up to 0.67% relating to accrued recoveries in the Lehman bankruptcy that are attributable only to certa
Lorne graduated cum laude with an A.B. from Occidental College and received his J.D., magna cum laude, from the University of Michigan Law School. David Nolan Vice Chairman - Chief Risk Offker Joined in 2001 Mr. Nolan is Millennium's Co•President and Chief Risk Officer. Mr. Nolan is responsible for Mille
received his J.D., magna cum laude, from the University of Michigan Law School. David Nolan Vice Chairman - Chief Risk Offker Joined in 2001 Mr. Nolan is Millennium's Co•President and Chief Risk Officer. Mr. Nolan is responsible for Millennium's risk management function which monitors Millennium's
ss EE-II, FF-II, MM-II, NN-II, EE-III, FF-III, MM-III and NN-III interests, except that they will be affected by any gains or losses attributable to Lehman Exposure (as defined, and further discussed, below in this Appendix in "Treatment of Millennium USA's Exposure to Lehman Brothers Holdings Inc. and
Valuation Committee of the General Partner. • David Nolan, 63 (joined in 2001), is the General Partner's Co-President and Chief Risk Officer. Mr. Nolan is responsible for the Master Partnership's risk management function, which monitors the Master Partnership's overall portfolio and risk exposure.
(the Chairman and Chief Executive Officer of the General Partner), Terry Feeney (Co-President and Chief Operating Officer of the General Partner), David Nolan (Co-President and Chief Risk Officer of the General Partner), Michael Gelband (Senior Managing Director and the Global Head of Fixed Income of the
clients (specifically referencing three particular investors), who were not made aware of the risks of these products and failed to inform dients of Lehman's financial condition prior to Lehman's bankruptcy. It was also alleged that the firm's recommendations to a small number of New Hampshire residents
Feeder Fund investors are used to support the foundation. U.K. and Asia Structures - Inter-Compaq)) Loans MCP UK is currently indirectly owned by David Nolan, Co-President of the General Partner. The capital to establish, capitalize and maintain MCP UK was loaned to Mr. Nolan by the Master Partnership, a
ly indirectly owned by David Nolan, Co-President of the General Partner. The capital to establish, capitalize and maintain MCP UK was loaned to Mr. Nolan by the Master Partnership, and that receivable remains outstanding to the Master Partnership. The loan is secured by Mr. Nolan's interest in MCP UK
ss EE-II, FF-II, MM-II, NN-II, EE-III, FF-III, MM-III and NN-III interests, except that they will be affected by any gains or losses attributable to Lehman Exposure (as defined, and further discussed, below in this Appendix in "Treatment of Millennium USA's Exposure to Lehman Brothers Holdings Inc. and
(the Chairman and Chief Executive Officer of the General Partner), Terry Feeney (Co-President and Chief Operating Officer of the General Partner), David Nolan (Co-President and Chief Risk Officer of the General Partner), Michael Gelband (Senior Managing Director and the Global Head of Fixed Income of the
Valuation Committee of the General Partner. • David Nolan, 63 (joined in 2001), is the General Partner's Co-President and Chief Risk Officer. Mr. Nolan is responsible for the Master Partnership's risk management function, which monitors the Master Partnership's overall portfolio and risk exposure.
clients (specifically referencing three particular investors), who were not made aware of the risks of these products and failed to inform dients of Lehman financial condition prior to Lehman's bankruptcy. It was also alleged that the firm's recommendations to a small number of New Hampshire residents t
Feeder Fund investors are used to support the foundation. U.K. and Asia Structures - Inter-Compaq)) Loans MCP UK is currently indirectly owned by David Nolan, Co-President of the General Partner. The capital to establish, capitalize and maintain MCP UK was loaned to Mr. Nolan by the Master Partnership, a
ly indirectly owned by David Nolan, Co-President of the General Partner. The capital to establish, capitalize and maintain MCP UK was loaned to Mr. Nolan by the Master Partnership, and that receivable remains outstanding to the Master Partnership. The loan is secured by Mr. Nolan's interest in MCP UK
Entities connected to both Lehman and David Nolan

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United States
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Marc Rich
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Samantha Power
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Bloomberg L.P.
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