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Alliance Capital Management (Pty) Ltd

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Tel: 011 516 8800
Fax: 011 516 8830
Address:
Block C
St. Andrews Office Park
Meadow Brook Lane
Epson Downs
Bryanston
Johannesburg
2074
South Africa
Postbox:
PO Box 131186
Bryanston
2074
South Africa
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 AllianceBernstein L.P is one of the largest publicly traded global asset management firms in the world with approximately $579 billion in assets under management at December 31, 2005. AllianceBernstein provides diversified, global investment management services that include growth and value equities, style blend and fixed income services to institutional, high net worth and retail clients worldwide. Additionally, through its Sanford C. Bernstein LLC & Co., ("Bernstein LLC") subsidiary, AllianceBernstein provides in-depth research, portfolio strategy, trading and brokerage-related services.
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Maximum Drawdown:

This provides the lowest negative return incurred in a particular time interval (usually a month or quarter) taken over a specified period (usually one or three years).
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