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rtner should not be subject to New York State personal income tax with respect to his share of income or gain realized directly by Millennium USA. Individual Limited Partners who are residents of New York State and New York City should be aware that the New York State and New York City personal income tax laws limit the
82 FOR EXISTING INVESTOR USE ONLY Millennium from an economic, financial or regulatory perspective or whether any such impact would be material. Misconduct of Employees and of Third-Party Service Providers Millennium's reputation is critical to maintaining and developing relationships with prospective investors, as
rtner should not be subject to New York State personal income tax with respect to his share of income or gain realized directly by Millennium USA. Individual Limited Partners who are residents of New York State and New York City should be aware that the New York State and New York City personal income tax laws limit the
ensive and varied. At the very least, the costs of compliance with legal restrictions affecting the Fund's trading will be significantly increased. Misconduct of Employees and of Third-Party Service Providers Millennium's reputation is critical to maintaining and developing relationships with prospective investors, as
rtner should not be subject to New York State personal income tax with respect to his share of income or gain realized directly by Millennium USA. Individual Limited Partners who are residents of New York State and New York City should be aware that the New York State and New York City personal income tax laws limit the
ensive and varied. At the very least, the costs of compliance with legal restrictions affecting the Fund's trading will be significantly increased. Misconduct of Employees and of Third-Party Service Providers Millennium's reputation is critical to maintaining and developing relationships with prospective investors, as
Entities connected to both Individual Limited Partners and Misconduct of Employees

the Cayman Islands
LOCATIONDeductibility of Interest
ORGANIZATION
U.S. Treasury
ORGANIZATION
New York
LOCATIONCayman
LOCATIONKeogh
ORGANIZATIONDistributions of Property
ORGANIZATIONMillennium International, Ltd.
ORGANIZATION
New York State
LOCATION
United Kingdom
LOCATIONOptions and Special Allocations
ORGANIZATION
the University of Michigan
ORGANIZATIONMunger, Tolles & Olson LLP
ORGANIZATION
Millennium
ORGANIZATION
Luxembourg
LOCATION
Occidental College
ORGANIZATIONErnst & Young LLP
ORGANIZATION
Wilbur Ross
PERSONthe Delaware
ORGANIZATIONthe U.S. Investment Company Act
ORGANIZATION