Treasury

Direct West International Treasury Assets,

DWIN update of Treasury as of December 06, 2008:
Accounts: USD
Canada – TD Bank International Banking, $568,781,818,304.82,
International Deposits and Contributions, 2,685,763,136,927.77
Auxiliary Account for Direct West China, $595,603,596,433,170.75,
Auxiliary Account for Direct West Russia, $389,999,285,096,451.31,
DWIN Public Penson Account, $270,828,584,477,703.65,
Transfer Account for Direct West China, $858,038,253,099,088.44,
Transfer Account for Direct West Euro, $723,202,588,768,535.00,
Transfer Account for Direct West Japan, $276,888,042,599,910.19,
Transfer Account for Direct West Mexico, $181,521,192,264,437.16,
Transfer Account for Direct West Russia, $858,377,181,260,278.56,
Transfer Account for Direct West United Kingdom, $832,695,196,483,627.25.Total Direct West International Treasury:
$4,659,370,212,339,346.46 USD, Derived from DWIN.mny, local balances.

Investees in the Direct West International portfolio are as follows:
Japan:
$N225, AMEX JAPAN INDEX, BANK OF JAPAN, DAIMLERCHRYSLER AG NA O.N, ELDORADO GOLD CORP, NIKKATO CORPORATION, Sun Frontier Fudousan Co., Ltd, TSX Group Inc., Weyerhaeuser Company.

European Union:
BCE INC, Bookham Inc., BP plc, Canfor Corporation, CANWEST GLOBAL COMMUNICATIONS CORP NV, comdirect bank AG, FTSE Eurotop 100, FTSE EUROTOP 100 INDEX, GEMP, GENERAL MOTORS, InfoVista S.A., Lockheed Martin Corporation, London Stock Exchange, National Bank of Belgium, Petroleo Brasileiro S.A., S&P/TSXVenture Composite Index ( Interim), TSX Group Inc.

United Kingdom:
3i Infrastructure Limited, BoiSyntech, Inc., Bookham Inc., BP plc, British Airways plc, comdirect bank AG, GENERAL MOTORS, ISHARE MSCI UK INDEX, London Stock Exchange plc, NASDAQ Composite Index, Prudential Public Limited Company, Syngenta AG, Telnor ASA, The Boeing Company, TSX Group Inc., West African Diamonds plc, West Pioneer Properties Limited, WESTBURY INC SHS 10P.

China:
$N225, Aluminum Corp. of China Limited, BCE INC., BP plc, Canfor Corporation, CANWEST GLOBAL COMMUNICATIONS CORP NV., CanWest Global Communications Corp.,Chevron Corporation, China Direct Inc., China Life Insurance Company Ltd., China Mobile Ltd., China Petroleum & Chemical Corp., China Telecom Corporation Ltd., China Unicom Limited, Chinese Yuan to US Dollar, FORD MOTORS, Gazprom Rep 4 Ord Shs, GCH, Hang Seng, HONG KONG OPTIONS INDEX, HSBC Holdings pc, ISHARE MSCI HONGKONG, ISHARES TR FTSE INDX, MORGAN STANLEY CHINA A SHARE FUND INC., PetroChina Company Ltd., POWERSHARES ETF, TSX Group Inc., West Fraser Timber Co Ltd., DOW JONES CBN CHINA 600 INDEX, OIL CO LUKOIL.

Mexico:
Grupo Aeroportuario del Sureste, ISHARES MCSI MEXICO INDEX FD, MEXICO EQ AND INC FD, MEXICO INDEX, PETROLEUM CORP, TSX Group Inc.

Russia:
ALCAN, AO MOSENEGRO SPONS ADR, Apple Inc., CANWEST GLOBAL COMMUNICATIONS CORP NV, Chevron Corporation, ELDORADO GOLD CORP, Gazprom Rep 4 Ord Shs, Mettaline Mining Company, Mobile TeleSystems OJSC, OIL CO LUKOIL, Rolstelekom OAO, TNT N.V., Unified Energy Systems Of Russia, Vimpel-Communications.