Statement of Changes in Capital Boothbay Multi-Strategy Fund, LP June 01, 2014 - June 30, 2014 Southern Financial, LLC 6100 RED HOOK QUARTER, B3 ST. THOMAS, ST CROIX 00820 U.S. VIRGIN ISLANDS Fee Class: '1110 QAdv Currency: USD Capital Summary Current Period Year to Date Beginning Equity 10,055,223.92 Subscriptions 0.00 10,000,000.00 Redemptions 0.00 0.00 Adjusted Opening Equity 10,055,223.92 10,000,000.00 Net Profit/Loss 28.867.38 84,091.30 Ending Net Capital Balance 10.084.091.30 10,084,091.30 Net Return 0.29% 0.84% •The above amounts are unaudited and are not to be used for income tax purposes. Total return has been calculated net of all fees and expenses. Investor Relations Contact Information: Christian Pollard Bermuda Chicago OPUS EFTA01201161