ight Funds 1.54 1.81 3.97% $172,104 Berkshire Hathaway 109,000 119,202 1.56% $65,183 S&P Insurance Index 431 211.44 -16.01% ($509,420) UK Investors 05/24/07 Price 06/30/11 Price Rate of Return Gain on $1 mil Invested Greenlight Capital Re —Hold 19 26.29 8.28% $383,684 Greenlight Cap