PRIVACY POLICY

This Privacy Policy sets forth our policies with respect to nonpublic personal information in connection with activities conducted on this Etolian Capital Group, L.P. ("Etolian Capital") web site, www.etolian.com (the "Site"). Personal information refers to information such as your name, address, email address, social security number, assets, investments, income information, and passwords. This Privacy Policy applies only to personal information collected on the Site and only to individuals. We may change this statement at any time by giving you notice.

1. Collection. At the Site, we only collect personal information when voluntarily and knowingly submitted by a visitor. You can have general access to the Site and browse pages without providing any personal information. You may provide us with personal information online if you decide to contact us via email through the Site. If you do this, we will use the information only to respond to your request. We may also use this information to provide you updates on information you have requested or to contact you about other services which we believe may interest you. We also may record when you log-on to the Site.

2. Disclosure/Use. We do not disclose any personal information relating to your activities on the Site, except as permitted by law. Companies that are not related to us that perform services on our behalf, such as a third party that hosts the Site, may have access to your information relating to your conduct on the Site. When this occurs, we require the companies to treat your private information with confidentiality.

3. Cookies. The Site uses "cookies" which may automatically collect certain non-personal information and data. "Cookies" are small pieces of data sent to your computer browser from our web server and stored on your computer's hard drive. The data identifies you as a unique user and facilitates your ongoing access to and use of the Site. Cookies also help us diagnose problems with our server.

4. Confidentiality and Security. We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard you nonpublic personal information.

5. Contact Us. If you have any questions or comments about our Privacy Statement, please feel free to contact us at info@etolian.com .

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Copyright © 2002 - 2005, Etolian Capital Group, LP.  All Rights Reserved.
Address: 14 Wall St., 11th Floor, New York, NY 10005. Tel: +1 646 862 3350. Fax: +1 313 557 1326. Email: info _at_ etolian.com.