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Introduction

British Virgin Islands, 9 May 2011 -- Kenneth M Krys and Joanna Lau of KRyS Global, the Joint Liquidators of Fairfield Sentry Ltd. (“Fairfield Sentry”), Fairfield Sigma Ltd. (“Fairfield Sigma”) and Fairfield Lambda Ltd. (“Fairfield Lambda” and, together with Fairfield Sentry and Fairfield Sigma, the “Fairfield Funds”) (the “Joint Liquidators”) are pleased to announce the entering of a compromise with Irving H. Picard, the Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (“BLMIS” and the “BLMIS Trustee”), to resolve the matters in dispute between the Fairfield Funds and the BLMIS Trustee.

To read the full press release, please click here.

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