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The Barclay Group and MARHedge Announce Database Distribution Agreement

New York, July 13, 2005 - The Barclay Group and MARHedge, a subsidiary of Metal Bulletin plc, have reached an agreement in which MARHedge will publish, starting in September 2005, The Barclay Group's proprietary hedge fund and CTA performance data.

The Barclay Group, founded in 1985, is one of the industry's premier database companies and collects performance data from more than 4,500 hedge funds, funds of funds and CTAs worldwide.

"We are pleased to be working with MARHedge to provide our performance data to their readers," said Sol Waksman, Founder and President, The Barclay Group. "We pride ourselves on the quality, quantity and timeliness of our performance data and believe that this agreement with MARHedge will best serve the needs of the hedge fund and managed futures industries."

"We are thrilled to have reached agreement with The Barclay Group," said Gary Lynch, President and Publisher. "MARHedge was founded on the notion that we have a responsibility to provide the hedge fund and managed futures industries with the most complete and timely information available. Performance data is essential to our readers and we believe that The Barclay Group offers the most comprehensive and up-to-date performance data in the market."

ABOUT THE BARCLAY GROUP
The Barclay Group, founded in 1985, actively tracks more than 4500 hedge funds and managed futures programs. The Barclay Group's hedge fund and CTA indexes are utilized worldwide as performance benchmarks for the hedge fund and managed futures industries.

ABOUT MARHEDGE
MARHedge is the premier source of information for the hedge fund and managed futures industry. Through its publications, real-time news updates and annual conferences in Bermuda, Geneva, San Francisco and Singapore, MARHedge has been informing the global alternative investment industry since 1979.

FOR MORE INFORMATION CONTACT:

Sol Waksman
President
The Barclay Group
2094 185th Street, Suite 1B
Fairfield, Iowa 52556
USA
+1-641-472-3456
sol@barclaygrp.com

Gary Lynch
President & Publisher
MARHedge
1250 Broadway, 26th Floor
New York, NY 10001
USA
+1-646-274-6258
glynch@marhedge.com