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Contact:
Patricia Campbell
Peregrine Financial Group, Inc. (PFGBEST)
(312) 775-3411


FOR IMMEDIATE RELEASE

PFG CTA Championship Showdown Ends

Kinkopf Capital Management LLC Wins First Six-Month Competition, Receives $1 Million Managed Account Allocation to Trade for PFG

CHICAGO, September 6, 2007: Peregrine Financial Group, Inc. (PFG) has concluded its inaugural, six-month CTA Championship Showdown, and announced that Kinkopf Capital Management LLC is the first-place winner, based on risk-adjusted return at the completion of the contest.

Kinkopf Capital Management LLC earned a spot in the CTA Championship Showdown by being a top trader in previous quarterly PFG CTA Challenge competitions. As the winner of the first-ever CTA Championship Showdown, which started March 1, 2007 and ended August 31, 2007, this CTA receives a $1 million account allocation to trade for PFG¹. In the six months of the CTA Championship Showdown, Kinkopf Capital Management LLC had an 82 percent rate of return, with a risk-adjusted ratio of 4.85.

Kinkopf Capital Management LLC has won several of the quarterly CTA Challenges. PFG created and sponsors these trading competitions to identify and showcase emerging Commodity Trading Advisor (CTA) talent, strategies and techniques. Ken Kinkopf is an associated person and principal of Kinkopf Capital Management LLC, responsible for all trading decisions and the general management of the firm. Kinkopf uses a systematic technical analysis approach that incorporates fundamental data that is programmatically analyzed and then statistically evaluated to produce a trading system robust with the ability to react to system changes over time.

Others who competed in the CTA Championship Showdown the top two traders in each of the preceding four quarterly CTA Challenges, listed by their ranking in the CTA Championship Showdown include: Shri Capital (Rishi Nalubola); Mobius Asset Management (John McLane); Steadfast Research (Sam Butler, who placed first or second in two previous quarters); Mullaney Investments (Michael Mullaney); Dog Dreams (Adam Oliensis); and Mr. Bai-Jou Fu.

Those interested in competing, or in participating in PFG Managed Futures programs should go to www.pfgBEST.com/cta. There you can enter, see previous and current contest results, and learn more about the entrants, who trade their own strategies.

The CTA Challenges and the CTA Championship Showdowns are live trading events, created to further PFG's strategic growth in managed futures. Said Jim O'Connell, director of PFG Managed Futures and one of the innovators of the CTA Challenge concept, "The competitions have been a very exciting environment in which top-notch traders are able to showcase their trading skills. Contestants are some of the best advisors in their field."

PFG is one of the largest non-clearing U.S. futures commission merchants (FCMs) with customers, affiliates and brokerage offices in more than 80 countries. It offers a diverse range of trading and investor products and services. The company is a leader in managed funds and forex, full-service brokerage, trader education, research, and direct, online futures trading through BEST Direct, among the first platforms to deliver retail orders to the CME's Globex engine. Please visit www.pfgBEST.com.

¹ Certain conditions and trading parameters apply.

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Media contact: Patricia Campbell, 312-775-3411, pcampbell@pfmail.com

PFG Managed Futures direct contact: Paul Moran, 312-775-3526, pmoran@pfmail.com