The launch of Hedge Fund Replication & Alternative Beta Japan 2008! The hedge fund industry is slowly beginning to acknowledge that a large part of its returns comes not from alpha (outperforming the market or index). This insight is gradually spreading amongst the more sophisticated hedge fund investors, and is set to revolutionise the way that investors think about hedge funds. How funds can replicate the performance and returns of hedge funds, but without the high fees is the theory behind “Hedge Fund Replication” through Alternative Beta. Based on the success of the event in London, New York and Switzerland, Terrapinn is proud to announce the launch of Hedge Fund Replication & Alternative Beta Japan in 2008. The 1st Asian version will be held in Hong Kong in November 2007, and South Africa and Australia will also be running the same event. Share your ideas. Listen to experts. A sales and marketing solution that generates leads and new business Hedge Fund Replication & Alternative Beta Japan 2008 represents a great business opportunity in a time of exciting development in the marketplace.  Don’t miss out on the chance to take part in an event where key industry decision-makers will be looking to find new information about alternative beta Hedge Fund Replication & Alternative Beta Japan 2008 is an unrivalled and cost-effective sales and marketing solution that works throughout the year, providing you with new contacts and great exposure, culminating in an event which will bring you face-to-face with your key customers and prospects Sponsorship opportunities at this event Boost your brand recognition and profile through a cost effective 12 month marketing campaign Gain access to the world’s fourth largest pension market – build relationships, raise funds and been seen as a thought leader Put your CEO on a platform with your top prospects – become a market leader in the eyes of your clients Target your message to your precise audience through an extensive direct mail, email, fax and advertising campaign Target your market! Limited sponsorship opportunities exist for this event. For full details, contact: Gerri Sottile Tel: +65 6322 2759 gerri.sottile@terrapinn.com

Past speakers at our Hedge Fund Replication & Alternative Beta events include: Make your voice heard! Now is the time to get involved. For speaking opportunities, please contact: Gerri Sottile Conference Manager Tel: +65 6322 2759 gerri.sottile@terrapinn.com Hear what delegates at other Hedge Fund Replication & Alternative Beta events had to say! "Outstanding quality of content, ideas and presentations" Cedric Spahr, Head of Alternative Investment Research, Credit Suisse "An event not to be missed, shedding light on the true nature of the hedge fund world" Gianluca Oderda, Head of Multi Assets and Total Return, Pictet Asset Management SA