Summary

The performance information presented herein represents the proprietary performance of Jeroen Linders, the trading principal of Lyons Trading Group ("LTG"). The performance results shown are derived using actual trading results of Mr. Linders trading proprietary money, adjusted on a pro forma basis for the advisory fees which would likely be charged to a client account. The performance shown has been adjusted for the following fees: a 2% management fee and a 20% incentive fee on net new profits accrued monthly and paid quarterly.