Mid month estimate +0,4%


Dear Investors,

 

Scandium's mid-month estimate is +0,4% for the period 1-18. January 2008.

 

We do not expect a decline in the equity markets to have any negative impact on
our performance. 

 

Best regards

Casper Hallas

CEO & Portfolio Chief

 

SCANDIUM ASSET MANAGEMENT

Toldbodgade 51C, 1st.  Fl.

1253 Copenhagen K

Dir: +45 35 55 55 01

Mobile: +45 22 26 11 21

Fax: +45 35 55 55 05

 

www.scandiumam.com