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Investor Letter

Related Documents

Master Funding Agreement

February 2009 Updated Chart of Sinomatic Payments (unofficial)

Report on the Election Results

FAQs

Updated FAQs

Completed Master Funding Agreement
Approval Process

If you are an investor in one or more of these policies, you will receive a letter from us because the identified policy(ies) will soon lapse and terminate without additional funding required to keep them in-force. Despite its obligation to do so, Vespers has refused all of our requests that Vespers provide such required additional funding.

Since September 1, 2007, Sinomatic Investment Holdings Ltd. (the “Funder”) voluntarily and temporarily has been paying the premiums for your policy(ies) while we solicited your instructions on how you would like to arrange for the payment of future premiums for your policy(ies). If the Funder had not taken this action, your policy(ies) would have already lapsed. While your policy(ies) currently remains in-force, you must take immediate action if you wish to take advantage of the opportunity to preserve those policy(ies) and your original investment.

Our letter describes three options available to you. We are not taking a position or providing you with any advice or recommendation on which of these options you should select. Under the operative documents, we neither have, nor have we ever had, any responsibility for funding the premium payments for your policy(ies). The Funder similarly has no such obligation, but is in a position to provide the funding as described in Option 1. You should note that neither VESPERS nor any of its affiliates will receive any proceeds from a matured policy under the Funder’s agreement.

We are asking you to select one option which will apply to all of the life insurance policies that VESPERS acquired for you. This website provides you with a description of the options, answers to frequently asked questions, and updates on the selection process and the Funder’s arrangement generally.

To select an option, you must respond to our letter following the instructions found in the letter no later than July 31, 2008. You should carefully review our letter and its enclosures in consultation with your own attorney and advisors with specific reference to your own situation, including the application of your own country, state and local laws.

If you or your advisors have any questions, please write to us at PO. Box 33253, Washington, DC, 20033-0253 or email us at questions@privatesectorfix.info.

If you believe that you are an investor in one of the identified policies and you don’t receive our letter by May 29, 2008, please fill out an online investor form.

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