Chairmans Welcome Day 1 8:45 – 9:00

Press the number button that corresponds with your selected answer (there is no enter key required) You can see your response in the display screen at the top of the keypad If you change your mind or make a mistake simply re-submit your new answer within the countdown Using your Keypad

Using the keypad to text… Use your keypad to text (like writing a text message on a mobile phone) Enter up to 127 characters If you make a mistake, use the c key to backspace/delete letters and press 0 for space When you have finished, press the large button to submit There is no predictive texting

Microphone Speak clearly, hold the keypad like using a mobile phone Microphone key Press & hold down when speaking to engage microphone

The Americans, Reeling, Prostrated Tax All Rich People Treasurer Afflicting Remarkable Pain Toodle-oo, Annual Robust Profits What does TARP stand for?

North America Europe/Russia Asia/South Asia Latin America Where are you from? Middle East/North Africa Africa

Limited partner General Partner Investment Advisor Professional Service Provider You are a:

A year that made my market seem LESS risky relative to the West A year that made my market seem MORE risky relative to the West No change to relative risk/reward assumptions For your chosen emerging market(s), the year 2009 will be remembered best as:

Strong Decent/Average Weak As a vintage year for my emerging market(s), 2009 will be:

Make LPs more hesitant to look beyond China and India Make LPs more eager to look beyond China and India In your estimation, will the credit crisis: