The schedules list $1.91 billion in market value stocks, bonds, and cash that may be related to client accounts, valued as of November 18, 2005, but do not include other assets held by RCM, such as claims against other Refco units (which were listed separately in the amount of $2.68 billion as of September 30, 2005), certain claims against clients and certain securities, which have not been valued. The schedules also list $3.68 billion in client accounts, also valued as of November 18, 2005.

The schedules do not contain any information about any other Refco units, such as the assets remaining in Refco's futures commission merchant, Refco, LLC, which was recently sold to Man Financial, Inc., a wholly owned subsidiary of Man Group Plc (Man). The schedules also do not reflect any debts owed by other Refco units, such as the company's bank credit facility and public bond debt, or any other assets or debts of RCM not related to client accounts.

The schedules are not intended to suggest, and should not be understood as a suggestion, of the amount that RCM clients may recover in RCM's bankruptcy case or in any other proceeding. In addition, the schedules disclaim any representation or warranty about the ability to collect on the claims against other Refco units or against any third parties.