[denaliweekly]Denali Asset Management LLLP Est. MTD Return: - 0.57%

Megan Arias megan@denalifunds.com
Tue, 06 Sep 2005 11:27:10 -0500


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Dear Interested Investor: =0D
<P>Please be advised that we estimate that Denali Asset Management, LLLP ha=
s returned - 0.57% month-to-date through the close of business Monday, Sept=
ember 5th.&nbsp; If you have any questions, please let us know.</P>=0D
<P>Thanks,</P>=0D
<P>Michael Strupp</P>=0D
<P>on behalf of</P>=0D
<P>Megan Arias <BR>
Director of Investment Services <BR>
Denali Asset Management, Ltd. <BR>
an affiliate of Denali Asset Management, LLLP <BR>
<BR>
Phone (340) 778-7744 <BR>
Fax (340) 778-7748 <BR>
Email megan@denalifunds.com </P>=0D
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