Dorset Energy Fund Ltd.

Series A

Fund Investment Objectives

The Dorset Energy Fund Limited is a long/short equity fund focusing on energy. The investment process begins with analysis of macro conditions and the effect on the energy industry and its sub-sectors. Next is a research driven approach focused on energy that provides a potential hedge against rising energy prices and the impact on world financial markets. The Fund invests in and trades in primarily North American exploration and production companies. Security selection is based on fundamental analysis.