EFTA Document EFTA01451827

SOF III - 1081 Southern Financial LLC Certain risk factors (cont'd) Material, Nonpublic Information. Certain employees of the general partners, the manager and/or their respective affiliates may acquire confidential or matenal nonpublic information or be restricted from initiating transactions in certain sectrities. Due to these restrictions. the Fund may not be able to initiate a transaction that it otherwise might have initiated and may not be able to sell an investment that it otherwise m