IMPORTANT INFORMATION AND DISCLOSURES

THE INFORMATION ON THIS WEB SITE IS INTENDED SOLELY FOR THE USE OF (A) BANKS, DEALERS AND OTHER ENTITIES THAT TRADE WITH FUNDS SPONSORED OR ADVISED BY III (THE “III FUNDS”) OR PROVIDE FINANCING, BROKERAGE, CUSTODY OR OTHER SERVICES TO THE III FUNDS, (B) CURRENT INVESTORS IN THE III FUNDS AND (C) PROSPECTIVE INVESTORS IN THE III FUNDS THAT HAVE RECEIVED AN OFFERING MEMORANDUM FOR THE RELEVANT III FUND.

THE INFORMATION ON THIS SITE AND THE PASSWORD FOR THIS SITE ARE CONFIDENTIAL AND BY ACCESSING THIS SITE YOU HEREBY AGREE TO KEEP SUCH INFORMATION CONFIDENTIAL AND PROVIDE ACCESS ONLY TO YOUR OFFICERS, EMPLOYEES AND PROFESSIONAL ADVISORS, EXCEPT AS REQUIRED BY LAW OR REGULATION OR REQUEST FROM A REGULATORY AUTHORITY.

THE INFORMATION ON THIS SITE IS CURRENT AS OF THE DATE INDICATED. WHILE III CAPITAL MANAGEMENT WILL PERIODICALLY UPDATE THIS SITE, NO REPRESENTATION IS MADE THAT THE INFORMATION IS CURRENT AFTER THE DATE SHOWN. IN PARTICULAR, THE POSITIONS OF THE III FUNDS MAY BE CHANGED AT ANY TIME BY III CAPITAL MANAGEMENT.

ALL FINANCIAL STATEMENTS AVAILABLE ON THIS SITE ARE PRESENTED FOR CONVENIENCE AND INFORMATION PURPOSES ONLY. WHILE REASONABLE EFFORTS HAVE BEEN MADE TO ENSURE THE INTEGRITY OF SUCH INFORMATION, THEY SHOULD NOT BE RELIED UPON. A COPY OF THE PRINTED FINANCIAL STATEMENTS WILL BE PROVIDED UPON REQUEST.

THE INFORMATION ON THIS WEB SITE IS PRESENTED IN OUTLINE FORM ONLY AND IS QUALIFIED IN ITS ENTIRETY BY THE INFORMATION INCLUDED IN THE CURRENT OFFERING MEMORANDUM OF THE RELEVANT III FUND. THIS WEB SITE IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY ANY INTEREST IN ANY III FUND. ANY OFFER CAN ONLY BE MADE BY THE RELEVANT OFFERING MEMORANDUM AND ONLY IN JURISDICTIONS IN WHICH SUCH AN OFFER WOULD BE LAWFUL. EACH OFFERING MEMORANDUM CONTAINS IMPORTANT INFORMATION CONCERNING RISK FACTORS AND OTHER MATERIAL ASPECTS OF THE RELEVANT III FUND AND MUST BE READ CAREFULLY BEFORE ANY DECISION WHETHER TO INVEST IS MADE. NO ONE MAY MAKE ANY INVESTMENT DECISION REGARDING ANY III FUND ON THE BASIS OF THE INFORMATION SET FORTH HEREIN.

THE III FUNDS ARE SPECULATIVE AND INVOLVE A HIGH DEGREE OF RISK. THE III FUNDS’ PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF THEIR FUTURE RESULTS.

INTERESTS IN THE III FUNDS HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE U.S. SECURITIES AND EXCHANGE COMMISSION, THE U.S. COMMODITY FUTURES TRADING COMMISSION OR ANY OTHER U.S. OR NON-U.S. REGULATORY AUTHORITY, NOR HAS ANY SUCH REGULATORY AUTHORITY PASSED UPON THE ACCURACY OR ADEQUACY OF THIS WEB SITE OR ANY OFFERING MEMORANDUM.

PURSUANT TO AN EXEMPTION FROM THE U.S. COMMODITY FUTURES TRADING COMMISSION IN CONNECTION WITH POOLS WHOSE PARTICIPANTS ARE LIMITED TO QUALIFIED ELIGIBLE PARTICIPANTS, AN OFFERING MEMORANDUM FOR THIS POOL IS NOT REQUIRED TO BE, AND HAS NOT BEEN, FILED WITH THE COMMISSION. THE COMMODITY FUTURES TRADING COMMISSION DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A POOL OR UPON THE ADEQUACY OR ACCURACY OF AN OFFERING MEMORANDUM. CONSEQUENTLY, THE COMMODITY FUTURES TRADING COMMISSION HAS NOT REVIEWED OR APPROVED THIS OFFERING OR ANY OFFERING MEMORANDUM FOR THIS POOL.