New York, November 15, 2006 The Credit Suisse/Tremont Hedge Fund Index is up 1.77% in October and up 1.77% for the third quarter, according to Oliver Schupp, President of the Credit Suisse Tremont, LLC.

“As the employment rate and fuel prices fell and the Dow Jones Industrial Average reached record highs, the economy was strengthened from last quarter’s lackluster returns. Trends in continued spending and slowing inflation suggest the Federal Open Market Committee may keep interest rates steady as their forecast of a “moderate” expansion unfolds. With these upbeat market trends, the majority of hedge fund sectors ended the month on a positive note,” said Oliver Schupp. “Event Driven and Long/Short Equity managers enjoyed a positive performance of 2.23% and 2.19% respectively given the global equity market rallies and healthy levels of corporate activity.”

“With the worlds largest IPO of the Industrial and Commercial Bank of China, the Emerging Markets sector benefited from an increased wealth accumulation and confidence by local companies. A decrease in oil prices also contributed to a favorable market environment and Emerging Markets managers ended the month up, 2.86%” said Robert I. Schulman, Chief Executive Officer of Tremont Group Holdings, Inc. “Conversely, Dedicated Short Bias managers were inversely affected by positive global equity trends and ended the month down, 4.25% for the month of October.”

Performance for the Credit Suisse/Tremont Hedge Fund Index and its ten sub strategies is calculated monthly. October, September and year-to-date 2006 returns for all categories are listed below and at www.hedgeindex.com.

*Total Return Indices

The Credit Suisse/Tremont Hedge Fund Index value is 370.79 returning 270.79% for the 154-month period since inception (January 1, 1994 through October 31, 2006).

For additional current and historical data including more comparisons with other widely followed global indices, visit the Credit Suisse/Tremont Hedge Fund Index web site at www.hedgeindex.com.

The Credit Suisse/Tremont Hedge Fund Index is comprised of 437 funds as of October 31, 2006. The following funds no longer report to the Credit Suisse/Tremont Hedge Fund Index: Consulta Emerging Markets Debt Fund and Artis Technology Fund. The following funds were added to the Credit Suisse/Tremont Hedge Fund Index: CQS Convertible & Quantitative Strategies Master Fund, Thames River Nevsky Fund Ltd, Dexia Money + Double Alpha, Anak European Fund, Dexia Money + Credit Spread, Blackrock Galaxite and AlphaGen Octanis Fund Ltd. The following fund was reclassified: Bear Stearns High-Grade Structured Credit Strategies Master Fund Ltd from Event Driven-Multi-Strategy to Fixed Income Arbitrage.

The Index is constructed using the Credit Suisse/Tremont database of more than 4,500 hedge funds. It includes both open and closed funds located in the U.S. and offshore, but does not include fund of funds. In order to qualify for inclusion in the index selection universe, a fund must have a minimum of US $50 million under management, a 12-month track record, and audited financial statements. Index funds are selected using a formula based on assets under management. That ensures the Index represents at least 85% of total assets in each of ten strategy-based sectors in the selection universe. In order to minimize survivorship bias funds are not excluded until they liquidate or fail to meet the reporting requirements. The Index is calculated as a total return index on a monthly basis, adjusted for asset in- and outflow, including a reselection according to the procedure outlined above on a quarterly basis.

Return for the Credit Suisse/Tremont Investable Hedge Fund Index

The Credit Suisse/Tremont Investable Hedge Fund Index is up an estimated 0.93% net for the month of October 2006. The confirmed performance for September is down 0.12%.

Performance for the Credit Suisse/Tremont Investable Hedge Fund Index is calculated monthly. Returns for the months of October, September, and year-to-date 2006 are listed below and at www.hedgeindex.com. The return shown is net of a 0.07% calculation fee.

The Credit Suisse/Tremont Investable Hedge Fund Index was launched with 60 funds and was set at a value of 100 on August 1, 2003. The funds currently included in the index are available on the website at www.hedgeindex.com.

The Credit Suisse/Tremont Investable Hedge Fund Index is designed to give investors broad exposure to hedge funds as an asset class. It fulfills investor demand for index-linked products created to reduce dependency on fund manager selection and fund concentration risk.

The Credit Suisse/Tremont Investable Hedge Fund Index is based on the broad Credit Suisse/Tremont Hedge Fund Index, which is the largest hedge fund index with $460 billion in assets managed by 437 funds as of October 31, 2006.

The funds in the Credit Suisse/Tremont Investable Index or the Credit Suisse/Tremont Sector Invest Indices are selected from the funds included in the Credit Suisse/Tremont Hedge Fund Index. The Credit Suisse/Tremont Investable Hedge Fund Index and the Credit Suisse/Tremont Sector Invest Index comprise the largest funds that are open to investment and meet certain liquidity conditions in each of the 10 style-based sectors. The fund selection rules can be found on www.hedgeindex.com and include the following criteria:

• The funds are selected from the Credit Suisse/Tremont Hedge Fund Index by an asset-based formula

• The funds generally represent the largest eligible “open” funds in each of the ten sectors

• The funds are determined by application of the construction rules

• Member funds must provide timely performance reporting, audited financials and offering memorandum review for inclusion

Additional features of the Credit Suisse/Tremont Index series include:

• Transparency via www.hedgeindex.com and pages on Bloomberg and Reuters, Wall Street Journal Asia and Europe.

• A broad suite of index-linked investment products through Credit Suisse

Credit Suisse Tremont Index, LLC is the joint venture company of Credit Suisse Index Co., Inc., a subsidiary of Credit Suisse Co., Inc., and Tremont Group Holdings, Inc. Credit Suisse Tremont Index LLC is headquartered at 11 Madison Avenue, New York, NY 10010-3629.

Information

Oliver Schupp, Credit Suisse, telephone 212 538 8179, oliver.schupp@credit-suisse.com

Robert I. Schulman, Tremont, telephone 914 925 1140

Meg Bode, Bode Associates, telephone 516 869 6610, meg@bodeassociates.com

John Gallagher, Credit Suisse, telephone 212 325 0932, john.t.gallagher@credit-suisse.com

Tremont Group Holdings, Inc

Tremont Group Holdings, Inc. is a leading hedge fund asset management firm, which provides and manages investment products and customized portfolios, and offers related services, on a worldwide basis. Currently managing approximately $8 billion in assets, Tremont maintains offices in Rye, New York; London; Toronto and Hong Kong.

Credit Suisse

As one of the world’s leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 62,500 people. Credit Suisse’s parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group’s registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income and multiple-asset class products, to alternative investments such as real estate, hedge funds, private equity and volatility management. Credit Suisse’s asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 18 countries, Credit Suisse’s asset management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.

The asset management business of Credit Suisse is comprised of a number of legal entities around the world that are subject to distinct regulatory requirements; certain asset management products and services may not be available in all jurisdictions or to all client types.