Millennium is a global currency and alternatives investments company. Since its creation in 1994, it has focused on active currency management for institutional clients using a fundamental discretionary approach. In addition, Millennium has developed niche alternative products which offer attractive returns and exploit the specialist knowledge of its key investment personnel. We have also pioneered a unique multi-strategy fund of hedge funds product that integrates a Global Tactical Asset Allocation (GTAA) overlay.

Key facts:

• An independently-owned alternative investment management company established in 1994;

• As of 30 June 2008, AUM of c. USD 14.4 billion from a global institutional client base, including pension fund clients from the UK, Europe, North America and The Middle East;

• More than eighty experienced employees in eight locations: London, Guernsey, Geneva, New York, Miami, Singapore, Delhi and Tokyo. London focuses on trading, risk management and client services while Guernsey and Geneva are dedicated to operations, settlement and investor relations. Research support is provided from Miami, and Singapore and New Delhi focus on Asian investment opportunities.

Breaking News: Millennium Global High Yield Fund Ranked 13th in Barron's Top 50 Global Hedge Funds