MBF Alpha Commodities Index

Date:	07/03/08
Contact:	Richard Rosenberg Phn: (502) 327-1405 Fax: (502) 327-1407 richard.rosenberg@us.icapenergy.com

CL	Close 7/2	1day?	2day?	3day?	4day?	5day?	Close 7/1	Close 6/30	Close 6/27	Close 6/26	Close 6/25		Crude Oil (Par = 100)
Q8	143.57	2.60	3.57	3.36	3.93	9.02	140.97	140.00	140.21	139.64	134.55				6-month strip
U8	144.14	2.56	3.56	3.39	3.98	9.06	141.58	140.58	140.75	140.16	135.08		CRD Rolled on 1st Bus. Day of Month
V8	144.50	2.52	3.55	3.44	4.09	9.17	141.98	140.95	141.06	140.41	135.33
X8	144.77	2.49	3.53	3.53	4.20	9.25	142.28	141.24	141.24	140.57	135.52			CRD	?CRD Calculation		Adj CRD Val
Z8	144.97	2.50	3.52	3.65	4.35	9.35	142.47	141.45	141.32	140.62	135.62		1-Jul	101.39	(Q8-G9)/6	0.02	101.11
F9	145.12	2.53	3.56	3.79	4.53	9.50	142.59	141.56	141.33	140.59	135.62
G9	145.21	2.56	3.60	3.94	4.68	9.67	142.65	141.61	141.27	140.53	135.54
Q8-F9								140.96	140.99	140.33	135.29
U8-G9	144.79	2.53	3.55	3.62	4.31	9.33	142.26	141.23	141.16	140.48	135.45
Strip Total	144.79						142.26	140.96	140.99	140.33	135.29
CRD	101.11						101.11	101.39	101.39	101.39	101.39
Index Value	245.90	2.53	3.54	3.52	4.17	9.22	243.37	242.35	242.38	241.72	236.68
HO	Close 7/2	1day?	2day?	3day?	4day?	5day?	Close 7/1	Close 6/30	Close 6/27	Close 6/26	Close 6/25		Heating Oil (Par = 1)
Q8	4.0715	0.1280	0.1615	0.1384	0.1620	0.2969	3.9435	3.9100	3.9331	3.9095	3.7746				6-month strip
U8	4.1075	0.1255	0.1595	0.1384	0.1620	0.2969	3.9820	3.9480	3.9691	3.9455	3.8106		CRD Rolled on 1st Bus. Day of Month
V8	4.1450	0.1225	0.1600	0.1429	0.1670	0.3024	4.0225	3.9850	4.0021	3.9780	3.8426
X8	4.1775	0.1215	0.1625	0.1479	0.1735	0.3074	4.0560	4.0150	4.0296	4.0040	3.8701			CRD	?CRD Calculation		Adj CRD Val
Z8	4.2090	0.1210	0.1645	0.1529	0.1790	0.3114	4.0880	4.0445	4.0561	4.0300	3.8976		1-Jul	0.9764	(Q8-G9)/6	-0.0200	0.9462
F9	4.2330	0.1205	0.1660	0.1564	0.1830	0.3134	4.1125	4.0670	4.0766	4.0500	3.9196
G9	4.2450	0.1200	0.1665	0.1579	0.1850	0.3134	4.1250	4.0785	4.0871	4.0600	3.9316
Q8-F9								3.9949	4.0111	3.9862	3.8525
U8-G9	4.1862	0.1218	0.1632	0.1494	0.1749	0.3075	4.0643	4.0230	4.0368	4.0113	3.8787
Strip Value	4.1862						4.0643	3.9949	4.0111	3.9862	3.8525
CRD	0.9462						0.9462	0.9764	0.9764	0.9764	0.9764
Index Value	5.1323	0.1218	0.1610	0.1448	0.1698	0.3034	5.0105	4.9713	4.9875	4.9626	4.8289