Credit Suisse/Tremont Hedge Fund Index

SEPTEMBER 2008
INDEX OVERVIEW The Credit Suisse/Tremont Hedge Fund Index is broadly diversified, encompassing 490 funds (September 2008) across ten style-based sectors, and representative of the entire hedge fund industry. Index construction is fully transparent, with unbiased, rules-based selection criteria and published constituents. The Credit Suisse/Tremont Hedge Fund Index is the largest assetweighted hedge fund index. Unlike even-weighted indices, it does not underweight top performers and overweight decliners. Rigorous reporting standards are required of member funds, including monthly performance disclosure and audited financial statements.
RETURN STATISTICS
(January 1994 - September 2008)

Bloomberg: CTHI<GO>
PERFORMANCE
550 500 450 400 350 300 250 200 150 100 50 Dec-93 Dec-94 Dec-95 Dec-96 Dec-97 Dec-98 Dec-99 Dec-00 Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07
S&P 500 Index (TRI) Dow Jones STOXX 50 (TRI) Index (USD) TOPIX Index CS/Tremont Hedge Fund Index MSCI World

Annualised Annualised Sharpe Ratio Tot. Ret. (%) Volatility (%) (USD) Inception-to-date Statistics CS/Tremont Hedge Fund Index 9.69% 7.70% 0.75 Convertible Arbitrage 6.72% 5.95% 0.48 Dedicated Short Bias -1.49% 16.89% -0.32 Emerging Markets 8.01% 15.53% 0.27 Equity Market Neutral 9.55% 2.85% 1.99 Event Driven 10.50% 5.84% 1.13 Fixed Income Arbitrage 5.06% 4.47% 0.27 Global Macro 12.89% 10.53% 0.86 Long/Short Equity 10.47% 10.08% 0.65 Managed Futures 6.59% 11.93% 0.23 Multi Strategy 8.25% 4.92% 0.88 S&P 500 Index (TRI) 8.38% 14.26% 0.32 Dow Jones STOXX 50 (TRI) Index (USD) 8.66% 15.94% 0.30 TOPIX Index -1.88% 17.15% -0.34 CORRELATION STATISTICS (January 1994 - September 2008) CS/Tremont Hedge Fund Index S&P 500 Index (TRI) Dow Jones STOXX 50 (TRI) Index (USD) TOPIX Index PERFORMANCE STATISTICS (January 1994 - September 2008) 1 Month YTD 1 Year 3 Year Annualized Return 5 Year Annualized Return 10 Year Annualized Return Since Inception Annualized Return CS/Tremont Hedge Fund Index -6.55% -9.87% -7.71% 5.49% 7.33% 8.12% 9.69% CS/Tremont Hedge Fund Index 1.00 0.51 0.50 0.41

SECTOR ALLOCATION
Emerging Markets Convertible 8% Dedicated Short Arbitrage Bias 2% 1% Equity MarketNeutral Multi-strategy 6% 11% Managed Futures 4% Event Driven 24%

Long/Short Equity 25% Fixed Income Arbitrage 4%

Global Macro 15%

REQUIREMENTS OF A GOOD INDEX The Credit Suisse/Tremont Hedge Fund Index was designed around the following concepts:
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Faithful representation of the universe of funds: A good hedge fund index should provide an undistorted picture of hedge fund performance. To do this, it must accurately and faithfully represent the universe of hedge funds, taking into account both their performance and their relative significance (size) with regard to each other and the universe as a whole. Rules-based selection criteria: The body of hedge funds comprising the index should be specified by clear rules that are defined in advance, publicly available, and not subject to arbitrary interpretation. Transparency: The hedge funds comprising the index should be published, and any changes to the members of the index, the selection criteria for the index, or the calculation of the index should be announced in advance. Oversight and Objectivity: The index should be governed by an Index Committee that approves all changes to rules governing construction and calculation. This Index Committee should not have a material interest in the performance of the index

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Important Notice
This document is confidential and is for informational purposes only. This presentation is not an offering or solicitation of any investment product. The assumptions and parameters used are not the only ones that might reasonably have been selected and therefore no assurance is given as to the accuracy, completeness, or reasonableness of any such quotations, disclosure or analyses. The use of other methodologies might produce significantly different results. A description of the methodologies used is available upon request. No representation or warranty is made that any indicative performance or return indicated will be achieved in the future. The information contained herein is not and shall not constitute an offer to sell or a solicitation of an offer to buy the hedge index tracker products referred to herein. Any offer to sell such notes, limited partnership interests or other securities can be made by private placement memorandum only. Such offers may be made only to eligible investors in jurisdictions in which the offering is available for sale.

The information contained herein is not and shall not constitute an offer to sell or a solicitation of an offer to buy the hedge index tracker products referred to herein. Funds drawn from the approximately 5.SECTOR DESCRIPTIONS Ten sub-strategies track every major style of hedge fund manager: ! ! Index represents at least 85% of assets under management in selection universe for each sector—total composite Index membership of 490 funds (September 2008). Equity Market-Neutral: Take both long and short positions in stocks while minimizing exposure to the systematic risk of the market (i. disclosure or analyses.com CTHI <GO> CSFBHEDGE +1 212 538 5738 +1 212 538 8616 +44 20 7883 0296 +44 20 7883 0346 +85 2 2101 6909 +81 3 4550 9232 +61 2 8205 4159 ! ! ! ! ! ! ! ! ! CREDIT SUISSE/TREMONT HEDGE FUND INDEX SPECIFICATIONS The industry’s first asset-weighted hedge fund index. one of the world's leading financial services groups. FOR ADDITIONAL INFORMATION Americas EMEA Non-Japan Asia Japan Australia Email Index Website Bloomberg Reuters Philippe Schenk Christian Hoffmann Michelle Dunne Reyer Kooy Yvonne Ng Akira Takahashi Kate Wilkie hfindices. Credit Suisse is part of the Credit Suisse Group AG. Long-Short Equity: Invest on both long and short sides of equity markets. a Delaware joint venture company created by Credit Suisse and Tremont Group Holdings. and has $9 billion under advisement. globally. .ir@credit-suisse. Credit Suisse is the majority owner of the joint venture. Provides investors with the first suite of indices designed from the ground up to provide meaningful performance measurement—not built around an investable product.. The assumptions and parameters used are not the only ones that might reasonably have been selected and therefore no assurance is given as to the accuracy.com www. Any offer to sell such notes. COMPANY STRUCTURE Index Manager: Credit Suisse/Tremont Index LLC. Tremont Group Holdings. Inc. This presentation is not an offering or solicitation of any investment product. Exclusion of funds-of-funds but inclusion of closed funds for most representative universe. Managed Futures: Focus on investing in listed bond. Such offers may be made only to eligible investors in jurisdictions in which the offering is available for sale. interest rate and commodity markets. The Credit Suisse/Tremont databases are regarded as the largest and most authoritative compendiums of hedge fund information available.hedgeindex. a subsidiary of Oppenheimer Funds. commodity futures and currency markets. equity. No representation or warranty is made that any indicative performance or return indicated will be achieved in the future. Emerging Markets: Invest in currencies. Global Macro: Focus on identifying extreme price valuations and leverage is often applied on the anticipated price movements in equity. A description of the methodologies used is available upon request. Event-Driven: Invest in various asset classes and seek to profit from potential mispricing of securities related to a specific corporate or market event. Dedicated Short Bias: Take more short positions than long positions and earn returns by maintaining net short exposure in long and short equities.000 funds. Fixed-Income Arbitrage: Attempt to generate profits by exploiting inefficiencies and price anomalies between related fixed income securities. debt instruments. is a pioneer in the alternative investment advisory business. Completely rules-based Index selection criteria. Composite Index comprised of ten style-based sector indices. equities and other instruments of countries with ‘emerging” or developing markets (typically measured by GDP per capita). generally focusing on diversifying or hedging across particular sectors.e. including $24 billion invested in hedge funds.. or reasonableness of any such quotations. a beta of zero is desired). Convertible Arbitrage: Aim to profit from the purchase of convertible securities and the subsequent shorting of the corresponding stock when there is a pricing error made in the conversion factor of the security. limited partnership interests or other securities can be made by private placement memorandum only. currency. Inc. Multi Strategy: Characterized by their ability to allocate capital based on perceived opportunities among several hedge fund strategies. The use of other methodologies might produce significantly different results. completeness.000 employees and offices worldwide providing a broad array of financial services. Credit Suisse/Tremont database of Selection universe consists of funds meeting Credit Suisse/Tremont minimum criteria: ! ! ! ! Timely and accurate NAV reporting—every month Audited financial statements At least $50 million under management One-year track record (discretionary exceptions for funds with more than $500 million under management) Important Notice This document is confidential and is for informational purposes only. Credit Suisse is a major international investment bank with more than 45.. regions or market capitalizations.