Confidential Communication to Investors in Ritchie Multi-Strategy Global Ltd
Dear Investors
We are writing to notify you that, as a result of unforeseen circumstances, we have concluded that is impracticable to implement the restructuring (the "Restructuring") described in the Second Revised Restructuring Proposal and approved by investors in Ritchie Multi-Strategy Global Ltd (the "Offshore Fund") and Ritchie Multi-Strategy Global LLC, (collectively, the "Multi-Strategy Fund") on October 13, 2006. As a result, following consultation with the Investors Committee, we have decided to terminate the Restructuring and effect an orderly disposition of the assets in the general portfolio of the Multi-Strategy Fund.
