STATE STREET GLOBAL MARKETS

State Street Corporation is one of the world's leading specialists in serving professional global investors, with more than $6.1 trillion in assets under custody and more than $727 billion under management. State Street Global Markets (SSGM), a division of State Street Corporation, offers proprietary trading and investment services to global investment managers through a comprehensive range of products across multiple asset classes. Our aggregated sell-side businesses deliver a rich array of products best suiting our clients' objectives. From proprietary research to electronic trade execution, to order management, SSGM partners with clients to insure their success. Our businesses include:

Foreign Exchange and Money Markets
Foreign Exchange offers professional investors pre-trade, trade, and post-trade products and services delivered by highly skilled and experienced salespeople. State Street is the fifth largest foreign exchange trading operation in the United States, thereby reflecting our ability to provide competitive prices, integrated tools for research and strategy, useful market information, and an efficient trade settlement processes to investment managers on behalf of our clients. Our global network of foreign exchange trading desks (located in Boston, Toronto, London, Luxembourg, Montreal, Munich, Hong Kong, Tokyo, and Sydney) allows customers to transact spot, forward, swap, and option contracts 24 hours a day, 7 days a week by telephone or electronically via FX Connect.

Money Markets provides overnight and short-term investment products and services focusing on efficiency and high-quality value added services. Benefits to investors include elimination of fails for in-house transactions, reduced settlement charges, straight-through-processing, automated transactional and settlement services, and customer focused customized solutions. Money Markets transacts over 3,100 transactions and $43 billion each day, translating to over $11 trillion in transaction volume annually.

Global Link
Global Link is a comprehensive online resource for market research, portfolio analytics, and trade order management. This network is used by the world's largest asset management companies, located in 23 countries, who collectively manage over half of the world's professionally managed cross-border assets. Global Link offers an integrated, comprehensive range of investment products that help maximize efficiency, reduce risk, and optimise returns. By integrating research, analytics, and order management across multiple asset-classes in multiple markets, through a single network, Global Link empowers the global investor.

State Street Associates
State Street Associates, LLC (SSA) is a unique partnership of industry and academia dedicated to delivering preeminent research in global asset allocation and currency management to investment managers. SSA's products and services are available as analytical tools on Global Link and through consulting relationships. By blending the experience and global assets of State Street with the intellectual capital of Windham Capital Management Boston, LLC and FDO Partners, LLC, SSA provides industry-leading investment tools for professional investors.

Securities Trading
Securities Trading provides professional investors with high quality, cost-effective brokerage services and sophisticated access to securities markets around the world. Securities Trading provides customers with a full range of services in the fixed income market in addition to managing the corporation's tax-exempt portfolio. The Securities Trading desk provides treasury, agency, and municipal securities for our customers. Products include institutional trading, transitional management services, commission recapture programs, self-directed brokerage accounts for defined contribution plans, and electronic trading.