Hamon Investment Group (“Hamon”) is an independent asset management firm specializing in Asian investment. Hamon believes in Asia’s potential to provide investors with superior long-term capital growth.

The senior executives of Hamon are the majority shareholders of the group. However, Hamon maintains an important strategic relationship with Mellon Bank, which became a minority shareholder in February 1998. Mellon Financial Corporation currently has in excess of $580 billion under management and ranks among the fifth largest investment management firm in the United States.

Hamon has a solid, experienced management team that has consistently demonstrated the ability to identify, evaluate and act on, emerging trends in the rapidly evolving Asian markets.

Hamon’s investment funds have won awards and received high ratings.

Hamon Investment Group will manage approximately ninety percent of the Excel China Fund and Toron Capital Markets Inc. will manage approximately ten percent of the Excel China Fund.

Visit the official Hamon Web site: www.hamon.com.hk

Toron Capital Markets Inc. manages the Excel China Fund. The firm combines a bottom-up approach to security selection in world equity markets with a broader focus on international economic, fiscal, monetary and political conditions for identifying opportunities in global currency markets.

Visit the official Toron Web site: www.toron.com