Nov 13 14 Jun08 Nbv 08 PHARO TRADING FUND 30 Nov 00 M $345M 5.431.25 17 Apr 2.19% 14.48% 19.65% 0.69% -2.68% 13.47% 10.43% (13.16%) Guillaume Fonkenell Mar 14 14 Feb 08 Oa 08 SPINNAKER GLOB OPP FUND. LTD COMPOSITE 31 Jan 01 O $804M 510.31 15 Apr 0.10% 2.82% 0.97% 14.12% -11.82% 13.13%

managers in the Fund. The multi-PM approach, combined with a strong risk discipline, is designed to provide the Fund with diversification benefits. Guillaume Fonkenell, Michael Skarbinski AIP: Seligman Tech Spectrum Fund MBZ 1996 Trust, MBZ Crut Equity Long/Short - The Seligman Tech Spectrum Fund is an Equity Lon