The fundamental objectives of MEPT's cash management have always
been that MEPT must meet the forward commitment obligations generated by properties
in the investment pipeline, and that MEPT seeks to maintain sufficient cash
to honor withdrawal requests from its investors. Thus, liquidity for all investors
has always been a principal objective of the Fund and in this recent economic
turmoil and volatile capital markets environment, MEPT remains committed to
providing liquidity while also protecting the value of the investments owned
by current participating plans.