Fundamental Technologies II by Basil Peters
Fundamental Technologies II

FTII NAV Decreases to $13.20 per share on December 31, 2008

The Fundamental Technologies II Net Asset Value per Share decreased to $13.20 on December 31, 2008.

Angel Fund FTII Mark to Market Net Asset Valuation December 31, 2008

The markets continue to be challenging and our strategy is to conserve cash.

Best regards,

Basils Sig
Dr. Basil Peters
CEO and Director
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