0000895345-05-001010 Sample Contracts

FORM OF
Limited Liability Company Agreement • October 3rd, 2005 • Goldman Sachs Hedge Fund Partners Ii LLC • Security brokers, dealers & flotation companies • New York
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Exhibit 99.1 ------------------------------------------------------------------------------- Goldman, Sachs & Co| 32 Old Slip | New York, NY 10005 [GRAPHIC OMITTED][GRAPHIC OMITTED]...
Limited Liability Company Agreement • October 3rd, 2005 • Goldman Sachs Hedge Fund Partners Ii LLC • Security brokers, dealers & flotation companies

We wish to inform you of certain upcoming changes being made to Goldman Sachs Hedge Fund Partners II, LLC (the "Fund") effective January 1, 2006. The changes are summarized in the attached Annex.

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