This presentation was given at our annual investment conference and highlights global opportunities in the emerging markets. Presenters discuss investment opportunities in China and India, emerging markets financial services and China's healthcare. Presented by Cabot's portfolio management team: Rob Lutts, Les Satlow and Dennis Wassung, Jr. respectively. These seminars are for discussion purposes only. It is not an offer to buy or sell individual securities or investments. Investors should consider their own individual investment objectives, risks, charges and expenses of their portfolio carefully before investing. Investments are not FDIC insured and may lose or fluctuate in value. Please request our Form ADV Part II for complete disclosures.

1. GLOBAL OPPORTUNITIES:Positioning for Success Presented by: Rob Lutts, President & CIO Les Satlow, CFA, Portfolio Manager Dennis Wassung, CFA, Assoc. Portfolio Manager

2. China & India Opportunities Abound Presented by: Robert T. Lutts, President & Chief Investment Officer

3. THE CHINA OPPORTUNITY:Shanghai, China 1990 2010

4. By 2020, Asia is expected to have more than 1.2 billion population with a GDP per capita greater than $5,000 USD. This is five times the size of the US middle class! Cabot Money Management, Inc. | 216 Essex Street | Salem, MA 01970 | 978.745.9233 | www.eCabot.com

10. Property Development and Management

11. Internet Applications

12. Education

13. Infrastructure Growth

23. China – is growing faster and has better finances (less debt).

24. China will open up its financial markets in the next 5-10 years – RMB (Yuan) convertibility and access to stock markets in shanghai will be coming.

25. India is gaining momentum – India could grow faster.

27. LONG RUNWAY: UNDER-BANKED

28. LONG RUNWAY: MORTGAGES-TO-GDP (%, 2008)

29. LONG RUNWAY: LOW CARD USAGEEXAMPLE-BRAZIL 2008

30. 1-YEAR LOAN GROWTH AS OF JUNE 30, 2010:US BANKS ARE SHRINKING THEIR BOOKS

32. Top 2 banks are Chinese

33. Largest IPO ever was by Agricultural Bank of China in July 2010

35. CHINA HEALTHCARE Presented by: Dennis Wassung, Jr., CFA, Associate Portfolio Manager

36. CHINESE HEALTHCARE THEME Still A Long Way To Go China spends only $92 per capita on health care, compared to over $6,700 spent per capita in the U.S. Chinese healthcare spending has a long way to go to catch up with its peers.

37. PER CAPITA SPENDING ON HEALTHCARE (US$)

38. CHINA HEALTHCARE GROWTH 2010: RMB 1.7 Trillion – US$253 Billion

39. GROWING ACCESS TO DRUGS & MEDICINESESTIMATED US$75B MARKET IN 2010

40. MEDICAL DEVICES INDUSTRYESTIMATED US$55B MARKET IN 2010

42. Drugs, Pharmaceuticals, Medicines

43. Advanced Treatment Services