ABOUT OIF

In July 2003, HB 3613 was passed in the Oregon State Legislature and enacted a mandate for the Oregon Investment Council ("OIC") to design and implement a $100 mm program that encourages the growth of small businesses within the state of Oregon. To accomplish this mandate the OIC chose to develop a fund of funds, the Oregon Investment Fund ("OIF"). This fund, which is capitalized by funds from the OIC, has committed capital to private equity and venture capital funds that in turn invest in companies located primarily in the state of Oregon, as well as the Pacific Northwest region. In addition, a percentage of the assets of the OIF may be invested directly into operating companies alongside the OIF's private equity and venture capital managers. The OIC chose Credit Suisse's Customized Fund Investment Group to develop and manage this Fund on a discretionary basis.

All of the information contained herein is presented as of December 2006 unless otherwise specified.