Ladies & Gentlemen:

Please find the estimated performance of BlueCorr Fund, Ltd and LLC as of April 30, 2009. Please note that the performance information included in this email is being provided to you confidentially. The information is intended only for the person to whom this email is addressed and may not be reproduced in its entirety or in part, or redistributed to any party in any form, without the prior written consent of BlueMountain Capital Management LLC.

As of April 30, 2009, the estimated NAV for BlueCorr Fund, Ltd. was $1,889.986. The estimated performance month-to-date was +0.10%, the estimated performance year-to-date was -7.09%.

As of April 30, 2009, the estimated performance month-to-date for BlueCorr Fund, LLC was +0.10%, the estimated performance year-to-date was -7.09%.