tion of the Fund and Offshore Fund portfolios. As of May 31, 2009, the Original Manager ceased to be the investment manager and as of June 1, 2009, Fortress VRF Advisors I LLC (the "Investment Manager"), an affiliate of Fortress Investment Group LLC, was engaged by the Fund as the new investment manager pursuant to

herein. Past performance should not be relied upon as an indicator of 0rture results. This information is being provided on a confidential basis by Fortress VRF Advisors I LLC solely for the information of those persons to whom it is transmitted. EFTA00605498

herein. Past performance should not be relied upon as an indicator of 0tture results. This information is being provided on a confidential basis by Fortress VRF Advisors I LLC solely for the information of those persons to whom it is transmitted. EFTA00612017