Hadoh High

Tech Fund Ltd.

Fund Investment Objectives

The fund will invest in securities issued by Japanese companies and trade on Japanese stock markets, index futures and in Asia securities. Our investments focus on Japanese high-tech sectors and Asian (Taiwan, China, Korea) electronics/precision device companies, and also cover related materials and IT sectors.The Investment Manager will seek to achieve the investment objective by identifying and acquiring undervalued Japanese equities or their derivative instruments and by selling short Japanese equities identified as overvalued and unattractive. The Investment Manager may also short sell futures and buy put options on equity indices such as the Nikkei 225 and Topix. The long and the short positions held by the Company may be totally unrelated and uncorrelated because the investment selection process is not intended to follow an arbitraging strategy.