WorldCommodity Funds, Inc

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The Rogers International Commodity Index ® is a composite, U.S. dollar-based, total return index designed by James Beeland Rogers, Jr.; calculations began on July 31,1998. The RICI ® was designed to meet the need for consistent investing in a broad based international vehicle; it represents the value of a basket of commodities consumed in the global economy, ranging from agricultural to energy and metals products. The value of this basket is tracked via futures contracts on 37 different exchange-traded physical commodities, quoted in five currencies, listed on thirteen exchanges in six countries. The RICI ® aims to be an effective measure of the price action of raw materials not just in the United States but also around the world. Indeed, the RICI's weightings attempt to balance consumption patterns worldwide (in developed and developing countries) and specific contract liquidity. The RICI ® Committee formulates and enacts all business assessments and decisions regarding the composition of the Index. Rogers, as the founder of the RICI ® and sole owner of Beeland Interests, chairs the RICI ® Committee and is the final arbiter of its decisions. Beside Rogers, representatives of the following parties are members of the RICI ® Committee: (1) ABN AMRO; (2) Beeland Management Company, LLC; (3) CQG Incorporated; (4) Daiwa Asset Management; (5) Diapason Commodities Management, S.A.; (6) Merrill Lynch; and (7) UBS AG. Only Rogers, as chairman of the committee, is authorized to designate new members of the committee, if necessary. The RICI ® Committee meets each December to consider changes in the components and weightings of the RICI ® for the following calendar year; however, such changes can be made at any time.

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