ICCF Champions League
First Season (2004-2006)

Awards for 2004-2006 season

Prize system of Champions League
(The 1st regular season 2004-2006)

Sponsored by the
ZPR US Small Cap Value Fund
(www.zprussmallcap.com and www.zprim.com)
and the NSEL30 INDEX FUND (www.nsel30indexfund.com).
Both Funds are managed by the "Investiciju Portfeliu Valdymas" (www.ipv.lt)

A League 2 groups             800 x 2 = 1.600 USD

1st place in a group = 400 USD
2nd place in a group = 250 USD
3rd place in a group = 150 USD


B League 4 groups             150 x 4 = 600 USD

Group winner = 150 USD


C League 8 groups             100 x 8 = 800 USD

Group winner = 100 USD


D League and Fast Track X Teams       1.200 USD

1-3 places in D League and FT (Fast Track)
(score in percent) 200 USD x 3 = 600 USD
4-5 places in D League and FT
(score in percent) 150 USD x 2 = 300 USD
6-8 place in D League and FT
(score in percent) 100 USD x 3 = 300 USD


THE BEST NEW PLAYERS (players new to ICCF)       600 USD

1st place (score in percent) 300 USD
2nd place (score in percent) 200 USD
3rd place (score in percent) 100 USD

THE BEST COMMENTED GAME             200 USD

                                                            Total = 5.000 USD


In case of ties money will be divided equally.

Prizes indexed to performance of the ZPR US Small Cap Value Fund. If the fund share increases 100 %, then prize fund = $10.000. If it declines 50%, $2.500 etc. Calculated from start date of November 1st to the end of event.


SPONSORSHIP

"Investiciju Portfeliu Valdymas" (IPV), the investment management company for the ZPR US Small Cap Value Fund (which is a new fund registered in Lithuania and offered to investors worldwide) is a sponsor of this event. The NSEL30 national index fund of Lithuania also sponsors this event.

Hansabank is the main distributor of the ZPR US Small Cap Value Fund. Hansabank group is the largest financial institution in the Baltic countries of Lithuania, Latvia and Estonia. You can invest through your local Hansabank branch or through an internet subscription with Hansabank (will be available from 2005).

Vilniaus Bankas, the largest bank in Lithuania is the main distributor of NSEL30 national index fund of Lithuania. You can invest through your local Vilniaus Bankas branch or through an internet subscription with Vilniaus Bankas (will be available from 2005).

Max Zavanelli, ICCF Deputy President & Development Director is the founder of both the ZPR US Small Cap Value Fund and the NSEL30, the national index fund of Lithuania. This is a part of ICCF's development program.

For more details on ZPR US Small Cap Value Fund and the remarkable 17 year history of world class performance by the USA management company, see the website www.zprim.com. The prospectus of the fund is at www.zprussmallcap.com.

For more details on NSEL 30, the national index fund of Lithuania, visit the fund's website http://www.indexfund.lt.

Prizes are paid by the management company and not from the fund


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