On November 6, 2008, PGP Capital Advisors gave a presentation concerning the global financial markets and current state of private equity investing to the International Services Group of Moss Adams LLP and certain of its international affiliates. The presentation was given by Stewart Kim, Managing Partner, and Paul Hughes, Partner, to an audience that included audit and tax partners and managers from Moss Adams and its affiliates that specialize in international clients and transactions. The presentation provided information on the financial markets from the perspective of international strategic and financial investors, and PGP’s opinions on the likely near term trends for cross-border investing. Moss Adams LLP is the 11th largest independent certified public accounting firm in the United States, headquartered in Seattle, Washington, and is a member of Praxity, an international alliance of over 100 independent accounting firms in 73 countries.