Oak Tree Capital Management L P.

This memorandum expresses the views of the author as of the date indicated, and such views are subject to change without notice. It should not be assumed that past investment performance is an indication of future results. Oak tree believes that the sources from which such information has been obtained are reliable but it cannot guarantee the accuracy of such information. The information contained herein does not constitute a offering of advise services or an offer to sell any securities in any jurisdiction. This memorandum is being made available for educational purposes only,. Should not be used for any other purpose.