| Addenda Capital Inc. |
| 800 Rene-Levesque Blvd. W., Suite 2750, Montreal, Quebec H3B 1X9 Canada; phone: 514-287-7373; fax: 514-287-7200; www.addenda-capital.com |
| Dollars are in U.S. millions. |
| Total assets managed worldwide | $22,492 |
| Total worldwide institutional | $22,217 |
| Total domestic/U.S. assets | $22,492 |
| Total tax-exempt assets | $21,041 |
| Total institutional tax-exempt | $21,041 |
| Internally managed | $21,041 |
| Asset mix: |
| Fixed income | 100% |
| Internal institutional tax-exempt assets in: |
| Domestic/U.S. bond, active | $20,812 |
| Domestic/U.S. bond, enhanced index | $229 |
| Domestic/U.S. fixed-income strategies: |
| Sector rotation | $3,156 |
| Market timing/active duration | $14,729 |
| Yield curve | $3,156 |
| No. of portfolio managers | 10 |
| Size of research staff | 6 |
| Carmand Normand is chief investment officer; Joe DiMassimo is client contact. |
