Reorganization Details:

Effective March 26, 2010, the Priority Equity shares of Commerce Split Corp. were reorganized. Holders who elected not to participate in the reorganization continue to hold their Priority Equity shares under the new name Original Commerce Split Fund (Priority Equity Shares). Holders who elected to participate in the reorganization received in exchange for their Commerce Split Corp. priority equity shares, one Class I preferred share, one Class II preferred share, one-half of a 2011 warrant and one full 2012 warrant in the New Commerce Split Fund. This was not a taxable event, however, holders should consult their accountants with respect to the allocation of their adjusted cost base to the various securities received in exchange. For dispositions after March 26, 2010, perform the calculation under the new name. For dispositions before March 26, 2010 do the calculation in Commerce Split Corp. (Priority Equity Shares).