Ellen L. Bernhardtson

UBS Ltd. (Broker) is the Great Britain-based brokerage division of UBS Ltd.,the wholly-owned subsidiary of Switzerland-based UBS AG (SWX: UBSN; NYSE: UBS). Established in 1975, the firm is located in London. UBS Ltd.'s business is organized in three departments: fixed-income, rates and currencies; equity and investment banking. UBS Ltd. (Broker) engages in equity trading, equity derivatives and equity-linked products. The equity research department covers a diverse range of sectors globally and also supplies macroeconomic analysis, quantitative and derivative research. The fixed-income, rates and currency business covers credit, rates, commodities including energy and metals, municipal bonds, Forex and cash and collateral trading globally. Their investment banking activities include analysis, structuring, transaction negotiation and communication.

Nektar Asset Management AB is a wholly-owned subsidiary of the Swedish financial group Brummer & Partners AB. Established in 1997, Nektar is located in Stockholm. The firm's clients are institutions and high-net worth individuals. They manage the Nektar hedge fund, which has an associated mirror fund in Bermuda. Fellow subsidiary B & P Fund Services AB provides administrative support for the fund.