Sycomore Asset Management

Active Alpha Strategy

		ISIN	Date	NAV	D-1 Perf.	2012 Perf.
		FR0010111724	05.15.2012	226.14 €	-0.65%	4.44%
		FR0010117069	05.15.2012	114.98 €	-1.36%	-2.89%
		FR0011173954	05.15.2012	115.00 €	N.C.	N.C.
		FR0011166818	05.15.2012	105.11 €	N.C.	N.C.
		FR0010117085	05.15.2012	204.70 €	-0.38%	4.06%
		FR0010148015	05.15.2012	171.82 €	-1.29%	0.01%
		FR0010376343	05.15.2012	316.93 €	-0.92%	6.75%
		FR0010156802	05.11.2012	149.56 €	N/A	3.89%
		FR0010971705	05.15.2012	184.79 €	-0.44%	4.72%
		FR0010978338	05.15.2012	185.68 €	-0.45%	4.63%
		FR0011169341	05.15.2012	183.64 €	-0.44%	4.47%

• * (532039 shares)

Absolute Alpha Strategy

		ISIN	Date	NAV	D-1 Perf.	2012 Perf.
		FR0010473876	05.15.2012	102.19 €	-0.04%	1.82%
		FR0010473991	05.15.2012	262.72 €	-0.04%	8.92%
		FR0010601898	05.15.2012	1 136.59 €	-0.24%	5.52%
		FR0010354605	05.15.2012	2 181.67 €	-0.67%	5.12%

Active Alpha Strategy

					ISIN	Date	NAV	D-1 Perf.	2012 Perf.
					FR0010111724	05.15.2012	226.14 €	-0.65%	4.44%
					FR0007065743	05.15.2012	219.69 €	-0.65%	4.26%
					FR0010111732	05.15.2012	211.55 €	-0.65%	4.06%
					FR0011173954	05.15.2012	115.00 €	N.C.	N.C.
					FR0010117069	05.15.2012	114.98 €	-1.36%	-2.89%
					FR0007065735	05.15.2012	111.67 €	-1.36%	-3.06%
					FR0010117077	05.15.2012	107.33 €	-1.37%	-3.25%
					FR0010117085	05.15.2012	204.70 €	-0.38%	4.06%
					FR0007073119	05.15.2012	198.73 €	-0.39%	3.85%
					FR0010117093	05.15.2012	191.21 €	-0.38%	3.75%
					FR0010148015	05.15.2012	171.82 €	-1.29%	0.01%
					FR0010183335	05.15.2012	166.60 €	-1.29%	-0.13%
					FR0010183343	05.15.2012	160.97 €	-1.29%	-0.28%
					FR0010376343	05.15.2012	316.93 €	-0.92%	6.75%
					FR0010376368	05.15.2012	307.28 €	-0.92%	6.60%
					FR0010156802	05.11.2012	149.56 €	N/A	3.89%
					FR0010971705	05.15.2012	184.79 €	-0.44%	4.72%
					FR0011169341	05.15.2012	183.64 €	-0.44%	4.47%
					FR0010971721	05.15.2012	183.01 €	-0.44%	4.10%
					FR0010978338	05.15.2012	185.68 €	-0.45%	4.63%
					FR0011003391	05.04.2012	90.40 €	N/A	N/A
					FR0011166818	05.15.2012	105.11 €	N.C.	N.C.
					FR0011168939	05.15.2012	104.81 €	N.C.	N.C.

Absolute Alpha Strategy

					ISIN	Date	NAV	D-1 Perf.	2012 Perf.
					FR0010473876	05.15.2012	102.19 €	-0.04%	1.82%
					FR0010231175	05.15.2012	99.36 €	-0.04%	1.64%
					FR0010473991	05.15.2012	262.72 €	-0.04%	8.92%
					FR0010120931	05.15.2012	257.91 €	-0.06%	9.24%
					FR0010363366	05.15.2012	250.45 €	-0.06%	9.01%
					FR0010601898	05.15.2012	1 136.59 €	-0.24%	5.52%
					FR0010601906	05.15.2012	1 114.19 €	-0.24%	5.34%
					FR0010738120	05.15.2012	1 081.83 €	-0.25%	4.89%
					FR0010354605	05.15.2012	2 181.67 €	-0.67%	5.12%
					FR0010805143	05.15.2012	179.13 €	-0.60%	-3.98%
					FR0000009995	05.15.2012	1 922.04 €	-0.58%	3.64%