PRESS RELEASES
HEDGE FUNDS ADVANCE +11.64% IN 2007

January 10, 2008 - New York, NY - Hennessee Group LLC, an adviser to hedge fund investors, today announced that the Hennessee Hedge Fund Index advanced +11.64% in 2007, while the S&P 500 increased +3.56%, the Dow Jones Industrial Average rose +6.42%, and the NASDAQ Composite Index advanced +9.80%. The Lehman Aggregate Bond Index advanced +6.96% YTD. All 23 of the Hennessee Hedge Fund Sub-Indices outperformed the S&P 500 for the year.