REPORTS May - West Virginia Legislature

DISCI.AIMERtu of March 31,2009Summit Strategies Group {Summit)has prepared this report for the exclusive use by the client forwhrch I was prepared The information herein was obtained from varioussources, such as the client's cus todian{s} accounting statements, commer€ially avarlable databases, and oth€r econom ic and financialmark€t data sources While Summitbelieves thes€ sourcesto be reliable, Summit does not guarantee norshallbe liablefor the marketvalues, returns or oth€r informabon contained in this report The mark€tcommentary, portfolio holdings and characteristics are as ofthe date shown and aresubject to change Past performance is not an indication offuture performance No8raph, chart, orformula can, in and ofitself, be used to deterhine which securitres or investm€nts to buy orsell Any forward'looking projection contained herein is based onassumptions thatSummit be|eves may be reasonable, but are subjectto a wide range of risks, uncertainties and the possibility of loss Accordingly, there is no assurancethatanyestimatedperformancefigUreswi||occUrintheamoUntsanddUringthepeliod5indjcated,orata||Actua|resu|t5andperforrnancewi|diff€rfomtho5eepressedorimplied by such forward-looking projections Any informatron contain€d in this report is for information purposes only and should not be construed to be an offer to buy ors€ll anysecurities, investm€nt consuhing or investment management seruices.Summit Stttagies AnupI I I I I I I r I I I II I I rIII r