Notes:

The Malaysia Fund, Inc. (the "Fund") is offering to purchase up to 5% of its outstanding Shares, or 377,214 of its outstanding Shares of Common Stock, for cash at a price per Share equal to 98% of the per Share net asset value ("NAV") as of the close of regular trading on the New York Stock Exchange ("NYSE") on November 15, 2011 (or, if the Offer is extended, on the following business day after the date to which the Offer is extended) (the "Pricing Date") upon specified terms and subject to conditions as set forth in the Offer documents.

Odd Lot Provision: "If more than 377,214 Shares are duly tendered pursuant to the Offer (and not withdrawn as provided in Section 4), unless the Fund determines not to purchase any Shares, the Fund will purchase Shares from tendering Stockholders, in accordance with the terms and conditions specified in the Offer, on a pro rata basis (disregarding fractions), in accordance with the number of Shares duly tendered by or on behalf of each Stockholder (and not so withdrawn); however, the Fund will accept all Shares tendered by any Stockholder who owns, beneficially or of record, an aggregate of not more than 99 Shares and who tenders all such Shares by means of the Letter of Transmittal tendered by or on behalf of that Stockholder."

Notes:

Morgan Stanley Asia-Pacific Fund, Inc. (the "Fund") is offering to purchase up to 5% of its outstanding Shares, or 1,084,594 of its outstanding Shares of Common Stock, for cash at a price per Share equal to 98% of the per Share net asset value ("NAV") as of the close of regular trading on the New York Stock Exchange ("NYSE") on November 15, 2011 (or, if the Offer is extended, on the following business day after the date to which the Offer is extended) (the "Pricing Date") upon specified terms and subject to conditions as set forth in the Offer documents.

Odd Lot Provision: If more than 1,084,594 Shares are duly tendered pursuant to the Offer (and not withdrawn as provided in Section 4), unless the Fund determines not to purchase any Shares, the Fund will purchase Shares from tendering Stockholders, in accordance with the terms and conditions specified in the Offer, on a pro rata basis (disregarding fractions), in accordance with the number of Shares duly tendered by or on behalf of each Stockholder (and not so withdrawn); however, the Fund will accept all Shares tendered by any Stockholder who owns, beneficially or of record, an aggregate of not more than 99 Shares and who tenders all such Shares by means of the Letter of Transmittal tendered by or on behalf of that Stockholder.

Notes:

Zhongchai Machinery (EQPI) is going private via a 120:1 reverse split, with fractional shareholders being cashed out at $0.56.  Not much edge, but the current price is around $0.35-0.40.  The shareholder majority already approved the deal.

Broker Held Shares: "The Company intends to treat shareholders holding less than 120 shares of Common Stock in street name through a nominee (such as a bank or broker) in the same manner as shareholders whose shares are registered in their names."

Notes:

SunAmerica Focused Alpha Growth Fund, Inc. (NYSE: FGF) (the “Fund”) announced today that in connection with its previously announced offer (the “Offer”) to acquire up to 30% of the Fund’s outstanding shares at a price equal to 98.5% of the Fund’s NAV per share as of the close of regular trading on the New York Stock Exchange on the business day immediately following the day the offer expires (“Pricing Date”), in exchange for a pro rata distribution of the Fund’s portfolio securities (subject to certain exceptions), the Fund will pay cash in lieu of delivering any “odd lot” of portfolio securities (i.e., fewer than 100 shares) to a participating shareholder. Deliverable positions of portfolio securities of 100 or more shares will be paid in-kind. In addition, the Offer period has been extended and will expire at 5:00 p.m. Eastern time on November 18, 2010, unless further extended (the “Expiration Date”). The Pricing Date is expected to be November 19, 2010.

NAV as of 11/05/2010: $18.41

98.5% of NAV is $18.05 as of 11/05/2010

Notes:

SunAmerica Focused Alpha Large-Cap Fund, Inc. (NYSE: FGI) (the “Fund”) announced today that in connection with its previously announced offer (the “Offer”) to acquire up to 25% of the Fund’s outstanding shares at a price equal to 98.5% of the Fund’s NAV per share as of the close of regular trading on the New York Stock Exchange on the business day immediately following the day the offer expires (“Pricing Date”), in exchange for a pro rata distribution of the Fund’s portfolio securities (subject to certain exceptions), the Fund will pay cash in lieu of delivering any “odd lot” of portfolio securities (i.e., fewer than 100 shares) to a participating shareholder. Deliverable positions of portfolio securities of 100 or more shares will be paid in-kind. In addition, the Offer period has been extended and will expire at 5:00 p.m. Eastern time on November 18, 2010, unless further extended (the “Expiration Date”). The Pricing Date is expected to be November 19, 2010.

NAV as of 11/5/2010: $17.14

98.5% of NAV is $16.88 0n 11/5/2010.

About ZelnickMedia

ZelnickMedia is a partnership of experienced media executives and investors. The firm manages and owns interests in an array of media enterprises, including video games and interactive entertainment, television advertising, wireless network enabling software, business information, tradeshows, and media-related business services. Current portfolio companies include Take-Two Interactive Software, Airvana, Canella Response Television, ITN Networks, Arkadium and Naylor Inc. The partnership is currently investing from ZM Capital, its media-focused private equity fund.

About Alloy

Alloy, Inc. (NASDAQ: “ALOY”) is one of the country’s largest providers of media and marketing programs reaching targeted consumer segments. Alloy manages a diverse array of assets and services in interactive, display, direct mail, content production and educational programming. Alloy works with over 1,500 companies, including half of the Fortune 200. For further information regarding Alloy, please visit our corporate website at www.alloymarketing.com. 

CONDITIONS TO THE MERGER