REGISTERED WITH THE MONETARY AUTHORITY OF SINGAPORE
REGISTERED WITH THE FINANCIAL SERVICES AUTHORITY OF JAPAN

ISIN NUMBER: VGG8993Y1007E — A British Virgin Islands Company

Tranen Capital Ltd.

Tortola BVI: (284) 494-9082
Boston:        (857) 241 3816

Singapore:    65 6248 4661

info@tranencapital.com

www.tranencapital.com

Tranen Capital Gains 16.3% in 2008