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Benchmark Performance Summary Index Value Return
  Jul 08 Jun 08 Jul 08 Jun 08 YTD
Credit Suisse/Tremont Hedge Fund Index 424.68 436.05 -2.61% 0.00% -2.11%
Convertible Arbitrage 299.40 305.96 -2.14% -0.36% -7.59%
Dedicated Short Bias 89.26 86.68 2.98% 9.02% 15.28%
Emerging Markets 356.17 366.58 -2.84% -1.59% -6.29%
Equity Market Neutral 391.87 392.10 -0.06% 0.55% 3.73%
Event Driven 463.36 475.40 -2.53% -0.15% -3.63%
Distressed 546.34 560.88 -2.59% -0.51% -3.92%
E.D. Multi-Strategy 427.38 438.47 -2.53% 0.09% -3.53%
Risk Arbitrage 295.57 296.74 -0.39% -0.12% 2.98%
Fixed Income Arbitrage 223.86 224.70 -0.37% -0.47% -4.46%
Global Macro 649.67 667.27 -2.64% 2.00% 6.34%
Long/Short Equity 481.48 498.59 -3.43% -1.33% -3.89%
Managed Futures 264.25 275.84 -4.20% 4.79% 10.03%
Multi-Strategy 344.89 353.61 -2.47% 0.05% -4.49%

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© 1999 - 2007 Credit Suisse Tremont Index LLC. All rights reserved.
This communication is for informational purposes only. It is not intended as investment advice, or an offer or solicitation for the purchase or sale of any financial instrument. No market data or other information is warranted by Credit Suisse Tremont Index LLC or its subsidiaries and affiliates as to completeness or accuracy, express or implied, and is subject to change without notice. Any comments or statements made herein do not necessarily reflect those of Credit Suisse, Tremont Capital Management, Inc., or their respective subsidiaries, affiliates, officers or employees. Credit Suisse, Tremont Capital Management, Inc., and their respective subsidiaries, affiliates, officers, and employees may have issued other communications that are inconsistent with, and reach different conclusions from, the information presented herein. Those communications reflect the assumptions, views, and analytical methods of the persons that prepared them. (continued...)






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