Asset Management One Co Ltd

FEES AND COMPENSATION
Asset Management One Co., Ltd.’s (the "Firm") fee arrangements are generally based on a
percentage of the market value of assets under management or advisement, although the
firm may also charge performance-based fees, flat fees or apply other alternative fee
structures. The specific fee arrangements with respect to any given account are negotiable
on a client-by-client basis. When determining appropriate fees, the firm may take into
account, among other things, the account’s investment strategy and the level of servicing
required by the account. The allocation of these expenses will be made in accordance with
the agreement in place between Asset Management One Co., Ltd. and the separate
account client.

Asset Management One Co., Ltd. does not select account custodians on behalf of separate
account clients or serve as the custodian of separate account client account assets. Clients
will be responsible for charges imposed by custodians, such as custodial fees.

Depending on the actual content of discretionary investment contracts with investors, Asset
Management One Co., Ltd. may sometimes purchase investment trust products or conduct
derivative transactions based on discretionary investment considerations. In such cases,
there may be variable additional costs incurred, including investment trust management fees
and derivative transaction execution fees. In such cases, total investment management
costs may also vary.

Other expenses such as brokerage fees and custodial fees for foreign currency
denominated securities may also be incurred. Audit costs and trust-related expenses may
also be incurred as a result of investment trust purchases based on discretionary investment
considerations. Amounts may vary according to investment management status, and cannot
be stated in advance.

Asset Management One Co., Ltd. generally bills clients quarterly in arrears.

                                    Asset Management One Co., Ltd.

TYPES OF CLIENTS
Asset Management One Co., Ltd. offers discretionary and non-discretionary investment
advisory services to pension funds, public funds, financial institutions, institutional clients,
and corporate clients, for whom we provide strategic products tailored to suit their respective
investment goals and investment time spans. We also provide investment advisory services
to pooled investment vehicles including Japanese investment trusts.

The minimum account size will be determined by the Firm on a case-by-case basis, relying
on a number of factors including (but not limited to) the types of investments to be made for
the account.

                                      Asset Management One Co., Ltd.