Denali Asset Mgmnt Weekly Est. ROR +0.87% MTD
Megan Arias
megan@denalifunds.com
Mon, 14 Aug 2006 11:15:24 -0500
<DIV>Dear Interested Investors:</DIV>
<DIV> </DIV>
<DIV>As of the close of business on Friday August 11, 2006, we estimate tha=
t Denali Partners, LP and Denali Offshore Partners, Ltd. are up +0.87% MTD.=
</DIV>
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<DIV>Please contact me with any questions.</DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV>Kind regards,</DIV>
<DIV> </DIV>
<DIV><BR>
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 <A href=3D"mailto:megan@denalifunds.com">megan@denalifunds.com</A> </=
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<DIV>DISCLAIMER: An investment with Denali Asset Management, LLLP is risky =
and only risk capital should be used. Past performance should not be =
viewed as an indication of future results.<!--EndFragment--></DIV><BR>=