ENHANCED INDEX FUNDS (CAYMAN) LIMITED ANNOUNCES APPOINTMENT OF NEW DIRECTOR

Enhanced Index Funds (Cayman) Limited announces the appointment of Howard Ho Yuen Ng as the second director of Enhanced Index Funds (Cayman) Limited (the “Company”). Mr. Ng was appointed as a director of the Company on 16 September 2008 and has over 9 years experience in financial markets starting in 1998 with Jardine Fleming (now part of JPMorgan) on the proprietary trading desk.

Signed: Tobias Bland, CEO

On behalf of the Board of Directors

ENHANCED INDEX FUNDS (CAYMAN) LIMITED