For Sophisticated Securities Investors, Investment Bankers, Hedge Fund Managers and Private Equity Fund Managers

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For Sophisticated Securities Investors, Investment Bankers,

Hedge Fund Managers and Private Equity Fund Managers

January 18-19, 2007

The Princeton Club

Midtown Manhattan

Michael T. Crane

DEUTSCHE BANK AG (London)

William A. Sullivan

UBS SECURITIES LLC

Brian Casey

LORD, BISSELL & BROOK LLP

Larry Simon

LIFE SETTLEMENT SOLUTIONS

Bryan Freeman

HABERSHAM FUNDING

Emmanuel Modu

A.M. BEST CO.

Adam I. Balinsky

BAKER & MCKENZIE LLP

Meir Eliav LEGACY BENEFITS CORPORATION Jay Eisbruck MOODY'S INVESTORS SERVICE Thomas Laumont HVB FONDSFINANCE GMBH BVZL ASSOCIATION David Dorr LIFE-EXCHANGE Sean McNealy ADVANCED SETTLEMENTS Elliot Kroll HERRICK, FEINSTEIN LLP Brian K. Staples RIGHT LLC

Former Director of Life Insurance, KENTUCKY

DEPARTMENT OF INSURANCE

Daniel F. Passage

O'MELVENY & MYERS

Robert Simon

21ST SERVICES

Steve Boger

MILLIMAN INC.

Stephen L. Ziegler, Esq.

STEPHEN L. ZIEGLER, P.A. Jolene D. Fullerton

SECONDARY LIFE CAPITAL, LLC

Craig Seitel

ABACUS SETTLEMENTS

Pete Ritter

O'MELVENY & MYERS LLP

Justin Finemel

RIDGE CAPITAL GROUP

Mark Ross

XE-R, LLC

Scott J. Cipinko

LIFE INSURANCE FINANCE ASSOCIATION

Paul Meyer

CLIFFORD CHANCE US

Our Distinguished Speaking Faculty:

_{Profit from New Investment}

Opportunities with

Non-Correlated Returns!

Premium Financing, Secondary Life Insurance

Securitization, and the Life Settlement Markets

■ _{Hear how and why investors are incorporating}

secondary life insurance into their portfolios as an alternative investment strategy

■ Premium financing – Will the high returns continue? Get the latest on this high-performance investment! ■ _{Securitization of the secondary life market –}_the

future of this emerging product

■ Hear from the industry’s top experts and leading investors!

■ _{Tackle the latest regulatory and political issues} ■ Electronic life settlement trading – explore emerging

technologies in the secondary life market ■ _{Examine pricing methodology}_{of secondary life}

assets

■ Hear aboutemerging investment opportunities in Europeand how you can benefit

■ _{Asset acquisition and maintenance in the secondary} life market – learn what investors need to know to profit in this market

Exclusive Pre-Conference Workshop:

The Secondary Life Market — Investing 101

Learn the basics of investing in the secondary life insurance market including an overview of the products (life settlements, premium financing, premium

corporate financing, and securitization), the market structure, processes, and investment strategies. Financial Research Associates, LLCProudly Presents:

Platinum Silver Sponsor Sponsor

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The Conference Sponsor

Financial Research Associates provides the financial community with access to business information and networking

opportunities. Offering highly targeted conferences, FRA is a preferred resource for executives and managers seeking cutting-edge information on the next wave of business opportunities. Please visit www.frallc.com for more information on upcoming events. Dear Colleague:

It is our pleasure to announce the upcoming “Emerging Investment Strategies in the Secondary Life Market”conference. Our conference brings together the industry’s top experts and leading sophisticated investors in the secondary life market to help you understand how you can best incorporate this unique market into your portfolio.

The secondary life insurance market is ripe for sophisticated investors. This unique market — whose face value is estimated to reach $45 billion by 2007 and whose returns, uncorrelated to the S&P 500, are expected to reach double digits— has investors clamoring to enter it through a variety of investment vehicles. In this conference we will examine the emerging investment strategies and products including, the latest in securitization and premium financing, to help you learn how you can benefit from this growing investment class!

We look forward to greeting you in New York! Sincerely,

Michael T. Crane Bryan Freeman

DEUTSCHE BANK AG HABERSHAM FUNDING

(London) Conference Co-Chairman

Conference Co-Chairman

Special Thanks to our Conference Sponsors

Special Thanks to our Conference Supporters:

Official Publications

and

Media Partners:

Benefit from our Pre-Conference

Workshop

The Secondary Life Market —

Investing 101

Unravel the complexities of the secondary life insurance market and learn how to incorporate this unique asset class into your portfolio. This half-day primer introduces sophisticated securities investors, investment bankers, hedge fund managers and private equity fund managers to the basics of investing in the secondary life insurance market including:

• Definition, history and theory • Market structure and product flow

• A product overview: Life settlements, premium financing, premium corporate financing and securitization

• The current regulatory and political atmosphere surrounding the secondary life market

• Entrance and exit strategies

• The players — providers, brokers, investors etc. • The potential operational challenges and the

financial rewards

Platinum Sponsor:

Life Settlement Solutions, Inc. is the premier provider (funder) in the life settlement market. We are a direct purchaser of life insurance contracts whose firm and management have purchased well in excess of $1 billion in aggregate face value. Our management has extensive experience in the insurance, investment, legal and capital markets industries. Life Settlement Solutions, Inc. has the strongest buying capability in the industry, renowned due-diligence and compliance processes, is fully funded by institutional sources and has a track record of efficient and competitive pricing for life insurance contracts. Our capabilities and expertise are unmatched in the settlement industry.

Life Settlement Solutions, Inc. adheres to the strictest safeguards to protect the privacy of client information. We exclusively use well-respected institutions to provide investment capital, serve as trustees and provide escrow services. Life Settlement Solutions, Inc. strives to support each customer’s needs and will never circumvent broker or client relationships.

Contact us today to find out what we can do for you. For more information about Life Settlement Solutions, Inc., call 858.576.8067 or visit www.lss-corp.com

Silver Sponsor:

21st Services was established 1998 to provide a full range of services for the life settlement industry. Today we are a leading provider of life expectancy evaluations and many other services. Our senior life expectancies are based on a proprietary software program; the first of its kind. It uses a customized version of the 2001 VBT Table coupled with more than 100 risk factors to tailor life expectancies to an individual’s health and functional status. 21st Services is an independent service provider that prides itself on innovation and client service.

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Thursday, Day One, January 18

8:00 – 9:00 Registration and continental breakfast for

workshop attendees

PRE - CONFERENCE WORKSHOP

9:00 – 12:00

Pre-Conference Workshop

The Secondary Life Market — Investing 101

Learn the basics of investing in the secondary life insurance market including an overview of the products (life settlements, premium financing, premium corporate financing, and securitization), the market structure, processes, and investment strategies.

Workshop Leaders:

Sean McNealy,President

ADVANCED SETTLEMENTS

Elliot Kroll,Partner

HERRICK, FEINSTEIN LLP

Larry Simon,CEO

12:00 – 1:00 Luncheon for workshop attendees

MAIN CONFERENCE

12:00 – 1:00 Registration for main conference attendees

1:00 – 1:15

Co - Chairperson’s Welcome

Michael T. Crane,Director, Global Markets

1:15 – 1:45

KEYNOTE: Life Settlements—the Bear, the Bull and the Rainbow

Brian K. Staples President,RIGHT LLC

Former Director of Life Insurance

KENTUCKY DEPARTMENT OF INSURANCE

1:45 – 2:30

EXPERTS’ ROUNDTABLE: Emerging Portfolio Investment Strategies in the Secondary Life Market

Hear how and why investors are incorporating secondary life insurance into their portfolios as an alternative investment strategy:

• Leverage and securitization • Derivative structures

• Risks associated with secondary life insurance, and risk mitigation techniques

• Life insurance as a significant asset class

Speakers:

Craig L. Seitel, CEO

ABACUS SETTLEMENTS, LLC

William A. Sullivan,Executive Director

UBS SECURITIES LLC

Michael T. Crane,Director, Global Markets

2:30 – 3:00 Break

3:00 – 3:45

Essential Elements in Life Insurance Premium Finance Transactions

What investors need to know prior to entering the market: • Foundation for sound program structure

Learn the latest challenges & opportunities in the premium finance market:

• Critical legal issues • Carrier reactions • Regulatory overview

Speakers:

Brian Casey,Partner

Mark Ross, President and Chief Executive Officer

XE-R, LLC

Justin Finemel,CEO

RIDGE CAPITAL GROUP

3:45 – 4:45

The Future of Securitization in the Secondary Life Market

• Examine the lines of the life insurance business that can be securitized

• Review recent developments and activities — rating agency concerns • Discuss insurable interest issues

• Ratings, swap markets • Who are the players?

• What are the impediments to securitization of life settlement pools? • Lessons learned in past securitization attempts

Panelists:

Emmanuel Modu,Managing Director, Structured Finance

A.M. BEST CO.

Meir Eliav, President

LEGACY BENEFITS CORPORATION

Jay Eisbruck, Managing Director

MOODY'S INVESTORS SERVICE

William A. Sullivan, Executive Director

UBS SECURITIES LLC

Moderator:

Adam I. Balinsky,Partner

BAKER & MCKENZIE LLP

4:45 – 5:45 Cocktail Hour

5:45 Day 1 Adjourns

Who Will Attend?

• Securities Investors, Investment Bankers • Life Settlement Companies

• Private Equity Fund Managers • Premium Finance Companies • Hedge Fund Managers • Service Providers & Brokers

• Pension Plans & Endowment Funds • Secondary Life Technology Providers • Mutual Fund Managers

Hosted by Life Settlement Solutions Keynote

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Friday, Day Two, January 19

8:00 – 9:00 Continental breakfast

9:00 – 9:15

Co - Chairperson’s Day 2 Welcome

Bryan Freeman

President, HABERSHAM FUNDING

9:15 – 10:15

Regulatory and Political Update

• Property rights • NAIC Model Act

• The latest on state regulations • NASD considerations

• Impact of premium financing industry: • Recent NAIC hearings

• ACLI proposal

Speakers:

Brian Casey, Partner

Bryan Freeman

President, HABERSHAM FUNDING

Scott J. Cipinko, Managing Director

LIFE INSURANCE FINANCE ASSOCIATION

10:15 – 10:30 Break

10:30 – 11:15

Service Provider & Technology Showcase

Learn how systems and technology support can service strategic concerns:

• B2B software

• Hear about electronic life settlement trading • Reporting and compliance tools

• Back office support

Speaker:

David Dorr,President and Founder

LIFE-EXCHANGE

*For information about joining this panel, please call Christy Tester at 704-889-1286

11:15 – 12:00

What Investors Need to Know: Asset Acquisition and Maintenance

• Who are the strategic partners?

• How do you acquire policies and best maintain them? • Review the various documentation and transactional issues • What are the greatest challenges?

Speakers:

Stephen L. Ziegler, Esq.

STEPHEN L. ZIEGLER, P.A.

Jolene D. Fullerton, Legal Counsel

SECONDARY LIFE CAPITAL, LLC

Larry Simon,CEO

Paul Meyer,Partner

CLIFFORD CHANCE US

12:00 – 1:15 Lunch

1:15 – 2:15

The Global Perspective — Hear What’s Happening Abroad and How You Can Benefit

• Hear the benefits and challenges of offshore structures & taxation

• Interest expense deductions

• Hear the latest in regulations in Europe

• Discuss emerging investment opportunities abroad

Speakers:

Thomas Laumont

Executive Vice President, International Business and Sales

HVB FONDSFINANCE GMBH

Chairman,BVZL ASSOCIATION

Daniel F. Passage,Partner

O'MELVENY & MYERS

Pete Ritter, Tax Partner

O'MELVENY & MYERS LLP

2:15 – 2:30 Break

2:30 – 3:30

Examine the Pricing Methodology of Secondary Life Assets • Life expectancy • Carrying costs • Models • Medical underwriting Speakers:

Robert Simon,Chief Financial Officer

21ST SERVICES

Steve Boger, Consulting Actuary

MILLIMAN INC.

3:30 Conference Adjourns • Lawyers, Consultants, Rating Companies

• Family Office Money Mangers • Insurance Companies

• Institutional Money Managers • Re-Insurance Companies • Financial Advisors • Tax Attorneys • Trustees • Accountants

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Sponsorship

and

Exhibit

Opportunities

Enhance your marketing efforts through sponsoring a special event or exhibiting your product at this event. We can design custom sponsorship packages tailored to your marketing needs, such as a cocktail reception or a custom-designed networking event.

To learn more about sponsorship opportunities, please contact Christy Tester at 704-889-1286 or ctester@frallc.com.

Top Reasons to Attend

■

_{Hear how and why sophisticated investors}

are incorporating secondary life insurance

into their portfolios as an alternative

investment strategy

■

_{Determine which emerging strategies will}

most benefit your portfolio

■

_{Premium financing and premium corporate}

financing — Will the high returns continue?

Hear the latest regulations and political

efforts surrounding this high-performance

investment

■

_{Discuss new opportunities and recent}

developments in the securitization of the

secondary life market

■

_{Barriers to entry — Hear the latest}

regulatory issues and political challenges

from the industry’s leading experts

■

_{Explore emerging technology solutions}

including electronic life settlement trading

■

_{Hone in on the complex pricing issues}

affecting secondary life assets

■

_{Gain insights from our global panel —}

Learn what’s happening in Europe and how

you can benefit

■

_{Learn what investors need to know about}

asset acquisition and maintenance

■

_{For new investors, our workshop introduces}

them to the investment basics of this

$45 billion dollar secondary life market

including concepts, strategies and

processes

Four Easy Ways to Register:

Four Easy Ways to Register:

Fax: 704-889-1292

Mail: Financial Research Associates 18705 NE Cedar Drive Battle Ground, WA 98604

Phone: 800-280-8440

Online: www.frallc.com

Emerging Investment Strategies in the Secondary Life Market

January 18–19 2007

The Princeton Club of New York

15 West 43rd Street

(between 5th and 6th Avenues) New York, NY 10036 Telephone: (212)-596-1200 Fax: (212) 596-1399

If you require overnight accommodation for this conference, please contact any of the following nearly hotels to check their best available corporate rate over this time frame or consult your local travel agent. Please note that FRA has not negotiated rates with any of these hotels.

Book early! Hotels will sell out. AREA HOTELS

Mansfield Hotel (212)944-6050 Algonquin Hotel (212) 840-6800 City Club Hotel (212) 921-5500 Royalton Hotel (212) 869-4400 Iroquois Hotel (212) 840-3080 Sofitel Hotel (212) 354-8844

Fees and Payments:

The fee for attendance for the Workshop and the Main Conference is: $1995

The fee for attendance for the Main Conference is: $1695

Please make checks payable to Financial Research Associates,and write code B409on your check. You may also pay by Visa,

MasterCard, American Express, or Discover. Purchase orders are also accepted. Payments must be received no later than January 11, 2007.

Group discounts are available; for more information, please call Mary Applegate at 704-889-1290 or email her at

mapplegate@frallc.com.

Cancellations:

If we receive your request to cancel 30 days or more prior to the conference start date, your registration fee will be refunded minus a $175 administrative fee. Cancellations occurring between 29 days and the first day of the conference receive either a 1) $200 refund; or 2) a credit voucher for the amount of the original registration fee, less a $175 administrative fee. No refunds or credits will be granted for cancellations received after a conference begins or for no-shows. Credit vouchers are valid for 12 months from the date of issue and can be used by either the person named on the voucher or a colleague from the same company. Please Note:For reasons beyond our control it is occasionally necessary to alter the content and timing of the program or to substitute speakers. Thus, the speakers and agenda are subject to change without notice. In the event of a speaker cancellation, every effort to find a replacement speaker will be made.

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Emerging Investment Strategies in

THE SECONDARY LIFE MARKET

•

Fax: 704-889-1292

h Mail: Financial Research Associates 18705 NE Cedar Drive Battle Ground, WA 98604 ( Call: 800-280-8440 8 Online: www.frallc.com ■ ■ _{Yes, Register me} ■

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(Workshop: The Secondary Life Market - Investing 101)

■

■ _{Conference Only….$1695} ■

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■ _{Please call me: I’m interested in exhibition or sponsorship opportunities}

at this event.

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Method of Payment: ■■_Check■■_{Credit Card}■■_P.O.

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