Trevor Utting

Index credit margin widened by another 10 basis points over Libor in September

The LTP Trade Finance IndexÖ - the independent total return index covering the trade finance asset class - generated a strong result in August as credit margins tightened in Russia and Turkey.

LTP Trade Finance IndexÖ delivers a steady performance in July amidst the turmoil.

The LTP Trade Finance IndexÖ delivers steady performance during May / June 2002

The LTP Trade Finance IndexÖ delivers the best monthly performance since September.

The LTP Trade Finance IndexÖ performed poorly in March.

LTP Trade Finance IndexÖ continues its 2002 rally in February

The LTP Trade Finance IndexÖ delivered an improved performance in the opening month of 2002.

LTP Trade Finance IndexÖ prices show loss in December 2001.

The LTP Trade Finance IndexÖ reflects further credit problems in November.