KNEIP Launches the Fund Processing Passport (FPP)

Embargoed until April 14, 2008.

KNEIP adds Fund Processing Passports to its list of services. This
short, single, fully harmonised web-based solution contains all key
"operational" information that fund promoters should provide on their
investment funds, at class level, in order to facilitate their
trading.

Just as border formalities are usually less cumbersome for
passengers holding a passport, an investment fund holding an FPP will
be allowed to take the fast lane when presenting itself at the gates
of outside distributors.

Benefits for the fund distributors: KNEIP´s FPP tool will help
minimize waste in the distribution of funds. It provides all the
information that is needed to avoid unnecessary steps, generates fewer
errors, requires less rework and ultimately reduces costs.

Benefits for fund managers: The FPP portal, located at
www.fundpassport.com, will allow fund managers to deliver higher
quality service, speed up the treatment of fund orders and push down
processing costs.

Finally, the availability of all the key operational information
of an investment fund via www.fundpassport.com will open the way to
electronic communications of the FPP´s and thereby, to other
opportunities of cost savings.

"Our FPP platform has become a reality in 2008, and the industry
needs early adopters to commit themselves to produce FPP´s for their
funds which will significantly help simplify fund order processing

increase customer satisfaction and eliminate non-value added work. We
are looking forward to launching the FPP to help improve the
efficiency of the operational and processing aspects of fund
transactions to all parties that need it," says Bob Kneip, CEO of
KNEIP.

As the partner of choice for providing services to the fund
industry, KNEIP acts as an agent for administrators, promoters and
asset management companies, ensuring the timely, efficient and
accurate transmission of their dynamic and static fund data. In
launching the FPP, KNEIP personally helps its clientele in
facilitating an easier and more transparent trading of funds

benefiting fund promoters, fund managers and fund distributors alike.

KNEIP launches the Fund Processing Passport Monday, April 14th.
Please visit www.fundpassport.com or www.kneip.com/fpp for more
information regarding the FPP.