M.S. Capital Management

The Trading Advisor MS is a New Zealand company incorporated in 1995 and registered with the CFTC as a commodity trading advisor, effective 19 January 2005. It is a member NFA in the same capacity, effective 28 February 2005. Additionally it is authorised as a futures dealer by the New Zealand Securities Commission Principal Mark Sleeman, born in 1962, is the sole director of MS. He opened his first commodity interest account in 1989 and has been developing trading systems, both systematic and discretionary, since then. Mr. Sleeman is a graduate of Auckland University in New Zealand where he earned a Bachelor of Mechanical Engineering (Hons) in 1985. Mr. Sleeman is registered as an associated person of MS, effective 28 February 2005. He is listed as the principal of the firm, effective 14 January 2005.