bal 1.14% BLACK DIAMOND RELATIVE VALUE LTD -C-Shs 31 Jul 99 Q $808M 347.48 30 Apr (0.56%) 2.48% 8.31% 9.48% -3.25% 8.81% 5.37% (8.09%) Clint Carlson Nov 13 14 Mar 11 - Sep 11 MARSHALL WAGE MW MARKET NEUTRAL TOPS A 31 Oct 07 M $507M 140.18 06 May 0.24% 1.08% 18.78% 15.02% 3.18% 5.32%

to accomplish this objective through hedging and other investment strategies, that are generally intended not to be market-sensitive. Key Employees: Clint Carlson, R. Harold Schroeder, Roy Trice, Jr. AIP: Ivory Flagship Fund LP MBZ 1996 Trust MBZ Crut Global Equity Long/Short- Ivory Investment Management, L