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Dan,

Some background info.


Monday starts the May Day holiday in China. I would expect all of the senior
people at the funds we visited to be away for the week.


We are working with Marc (and Josh) regarding China and they are up to date
with what we are doing on behalf of our clients there.


We have people on the ground through our relationship with the Thornton
Group and Jonathan Li (you met Jim Bulger Chairman of the Thornton Group and
Jonathan Li in your office a few months ago) who have great relationships
with the funds we visited in China .


For now, only CIC has the ability to invest overseas. However, both the
Social Security Fund and China Life expect to get approval in the fall. They
want investments teed up prior to getting their approval so they are ready
to make allocations “on day one”.


We spoke about all of our clients to the different groups, but Third Point
is the fund CIC wants to move forward with first. I don’t know if it’s the
strategy, performance, or you (or a combination of everything). I have
requested more information.


I believe CIC is coming to the US sometime in May however I don’t know which
group, the hedge fund group or private equity group. If appropriate, CIC
will see you on that trip.

For now, I would suggest that Marc has his call with Roslyn. I will contact
Jim Bulger today and get an answer to your question below. I trust his
advice.


Arlene


F*rom:* Daniel Loeb [mailto:DLoeb@thirdpoint.com]
*Sent:* Thursday, April 29, 2010 10:06 PM
*To:* Arlene Busch; Josh Targoff; Marc Zwebner
*Cc:* Hunter Biden
*Subject:* RE: China trip


Would it make sense to set up conference calls or video conference calls
with any of these peeps so that they can be introduced to us?


DL


*From:* Arlene Busch [mailto:abusch@rosemontseneca.com]
*Sent:* Wednesday, April 14, 2010 5:40 PM
*To:* Daniel Loeb; Josh Targoff; Marc Zwebner
*Cc:* Hunter Biden
*Subject:* China trip


As you are aware, we just returned from China. Attached is a sample of the
meetings we attended. Please contact me with any questions.


Best,

Arlene


Arlene Busch

202-333-1880

abusch@rosemontseneca.com


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