SECTOR INVESTMENT MANAGERS LIMITED

31 March 2008

Prime Brokerage Agreement

Sector Investment Managers are delighted to announce that as of 31 March 2008 the Junior Energy Fund has a new brokerage relationship with Newedge Group. The Newedge Group is the newly merged and more powerful entity combining Calyon Financial and Fimat. Newedge is a major new force in , resulting from the merger of the two brokerage firms – Calyon Financial and Fimat – on January 2nd, 2008. With 3,000 employees in 25 of the world’s top financial centers, Newedge is a global organization and has access to more than 70 global and exchanges. Within Newedge, the Prime Brokerage Group is a global, multi-disciplinary, solution-providing team dedicated to delivering superior services to alternative investment industry participants including hedge funds, commodity trading advisors (CTAs), fund of hedge funds, family offices, and institutional investors (insurance companies, banks and pension funds). The Newedge Prime Brokerage team offers a global set of brokerage services covering a wide range of asset classes including equities, bonds, currencies, commodities, and their related listed and OTC derivative products. Newedge Prime Brokerage group also offer an innovative portfolio-based cross-margining solution, dedicated account management desk services, hedge fund start up services, quantitative information on the hedge fund industry, capital introductions services, and recently specialist prime brokerage services dedicated to constraint based asset management products such as Sharia compliant hedge funds.

Angelos Damaskos, Sector Investment Manager's Chief Executive Officer said: "We believe that the Junior Energy Fund will greatly benefit from the support offered by the Newedge Group, both in terms of trading effectiveness and introduction to a wider investor audience." ENDS