EFTA01581823.pdf

Fund: liebbridge - Finaneial Trug Co. Date: 9302006 PORTFOLIO APPRAISAL Date: 10/6/2006 4:41:16P/1 Highbridge Capital blimagemerd Page: I oft a of 9/30/2006 User. atantos Loal Deal IP® Pnrehme Etel Market Unmllted Pa Dis/Int Volt Quantle S\,mhot Type r unn"Ameta Date NI:letet Valar Gainfloss C/I. Aernial Symbol DescrlWoo Con 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 2120,539.70 56.9396 2,180,78332 60,248.62 003 2439213 4,000 SVU 0_11/31 Supcmalu Inc 0% 11/02(2031 USD 1072 052445 33.8480 1,353,920.00 32.7400 1,309,600.00 -44,320.00 -0.03 0.00 500 UNS_4.5_3/35_144A Unisur(( Dom' Corp 4.5%' USD 4.26 012105 99.5000 497,500.00 103.9479 519,739.30 22,239.30 0.04 1,875.00 789 W1_1.0843_133 Vaianic Comin. 1.0843%522,20 USD 4.02 11/04/05 63.2531 499,06663 62-2500 491,152.39 -7,914.24 -0.02 3,065.58 lang Bond Total 194.93 21,257,710.63 23209,36835 2,551,657.87 0.11 124,448.83 I eme Future 28 FM UST 5 YEAR T-1,32TE FUF DE USD 0.09 09,0106 105.1094 2.943.062.50 105.5156 11.375.00 11375.00 0.00 0.00 l ewig Future Total 0.09 2.94346130 11375.08 11.375.10 1.08 0.00 I ono Prererred Stock 75000 GPNLN GM 615%7/15/2033 um 14.10 0120,05 20.5960 1,544,700.00 219703 1,722,75000 178.050.00 0.12 0.00 lerne Preterred Stock Total 1418 1444,700.00 1722.75401 178.050.00 0.18 0.00 Skort Future -56 Ft® UST 5 YEAR T-1.34TE OST DE usD -0.19 0541/06 105.1094 4,886125.01 105.5156 -72,750.00 -22,750.00 0.00 0.00 Wort Future Total -0.19 4,886,125.01 -22,750.00 12,750.00 1.00 0.00 Sport Stock -21,490 &Fox Arnerican linsneist Group Inc os() -8.26 11/17/05 37.2049 -799,533.43 469300 -1,008,525.70 -208,992.27 -0.26 000 -12,174 aya.0 Crack« Barrel USD -4.03 0115136 41.7108 -507,78739 40.4250 -492,133.95 15,653.44 003 0.00 -51.000 CELG.0 Celgene Com VW -18.06 09/12/05 26.9749 -1.373.720.24 43.2650 -2204515.00 430.794.76 -0.60 0.00 -59.867 CNIS.N Ona Emmy Corp LSD 4.08 0622/05 14.8551 489.333.07 14.44® -864.479.47 24.853.60 0.03 0.00 -169,249 CNY.% Centerpalm Emmy USD -1924 Genes 12.9327 -2,192,22449 14.3200 -2,423,645.67 -231,421.18 -0.11 0.00 -12,038 CSX.N Qui Corp LIED 4.61 07/1105 26.8079 458,870.99 318300 -1,051,807.54 -192,936.55 -0.22 000 -18.345 Erickyi EDOCORPORATIoN USD -3.44 11/1105 267333 490,42231 218800 -419,733.60 70.681171 014 0.00 -29,450 G1LN General telotori LIED 4.02 0520,05 319714 -971,00832 33.2600 -979,507.00 4,498.63 -0.01 000 -72,460 I1CC.N Hm Imurne Boldinp Inc USD -19.51 07,29/05 28.1037 -2,036,39332 328803 -2382,484.80 -346,091.43 -017 -7,246.00 -2.726 LNG.A Clientere Energy Inc USD -0.66 072105 32.2921 -88,028.20 247100 -80,989.46 7,038.74 eos eou -1,103 MAS14 Mau° Corp USD -0.25 09/1106 28.3548 -31.27537 27.4200 -30244.26 1.031.11 0.03 000 116,105 PPLN Pp & 1. RaCIIITCCIL Inc LIED -31.27 0120,05 28.9240 -3.358.225.96 319000 -3,819,85439 -461.628.53 -0.14 -31,928.88 -58,490 Riet& Rprn Inc&iio USD 4.09 07/2605 18.7060 -1,094,111.60 18.9900 -1,110,725.09 -16.613.49 -0.02 0.00 -10,215 UNS.N I 'nimmt Dorr Corp lud USD -179 0622/05 30.0942 -307,41234 33.3300 -340,465.95 -33,053.41 411 -2,145.15 Sport Stock Total -140.91 45,090,347.23 17.211.111.98 1110.764.75 0.13 -41.320.03 Entre Date: N'A VisualPortfolioManager - Sql Senner ITA10128 Fifozthe Date: 119. Copyrighr(c) 2002-1003 iniegratedBusiness Statensinc. Confidential Treatment Reguested by JPMorgan Chase JPM-SDNY-00061269 EFTA01581823