Fund: liebbridge - Finaneial Trug Co. Date: 9302006 Quantle S\,mhot Symbol DescrlWoo PORTFOLIO APPRAISAL Highbridge Capital blimagemerd a of 9/30/2006 Deal IP® Pnrehme Type r unn"Ameta Date Loal Volt Con Etel NI:letet Market Valar Date: 10/6/2006 4:41:16P/1 Page: I oft User. atantos Unmllted Gainfloss Pa Dis/Int C/I. Aernial Ilighbrider Financial Treu Co. Credli.wine Find Boot® lang Bund 2000 AEG14136133 American Financial 1.4861%6 1)813 9.00 11/17/05 44.3340 836,680.00 54.9770 1,099,540.18 212,860.18 024 9,824.77 3,000 CBRLO 4,32 Crack« Barrel 0 %44/32 USD 1137 0526,05 48.6673 1,460,02000 48.7490 1,462,469.00 2,449.00 020 0.00 625 CP/61.75608 Colatee Corp 1.75464 /2008 USD 1833 09/12/05 227.2140 1,420,087.50 338.1924 2,238,70237 818,614.87 058 3,64513 700 CMS3.3757/23 Ons Kneipe Corp 1375%745 USD L14 062105 149.9976 1,049,983.40 1420546 994,381.89 -55,601.51 -005 4,987.50 2,250 C14'1 3.755.23 Cmgiroeint DB® 335%545 USD 2344 05.23.05 112.3623 2,528,150.75 128.3492 2,887,856.61 359,705.89 014 31,875.00 1,000 CSX 0_1021 Cu Corp 0% 10.3o 2021 USD 9.71 07/13/05 89.0970 890,97000 1184459 1,186,458.93 295,488.93 033 0.00 1,052 EM 4_11125 EDO CORPORATION 4% II/ USD 8.20 11/16,05 99.5955 1,047,744.50 95.1570 1,001,05144 46,692.86 -0.04 15,896.90 1,600 HCC 2 9.21 Hm Imtrance 2%4012021 USD 20-30 0729/05 131.4291 2,102.866.20 155.0000 2,480,000.00 377,133.80 0.18 2,666.67 125 LNG 2.25_842_144A Clicitierc Encer, Inc 2.25%&I USD 1.09 0722105 100.0000 125,000.00 1061176 132,646.98 7,616.98 0.06 468.75 4,000 AlAS_O 7/31 Nibi0 Corp 0%720'2031 USD 15.19 07/19/05 47.1705 1,886.820.00 463712 1,854,348.47 41,971.53 4.02 000 3000 PH- 2.625_5/23 Pp&I RCSOUltal 2425%115/2 USD 3150 osaotos 1119454 3,338,36100 1313377 3,970,132.44 581,770.44 0.17 29,750.00 3,830 RPM 1.389 5/33 RPNIImemational 1.389%1 um) 1725 07/22/05 55.3666 2120