0001193125-03-069446 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • October 29th, 2003 • Citigroup Diversified Futures Fund Lp • Real estate investment trusts • New York

AGREEMENT made as of the 30th day of September, 2003 among CITIGROUP MANAGED FUTURES LLC, a Delaware limited liability company (“CMF” or the “General Partner”), CITIGROUP DIVERSIFIED FUTURES FUND L.P., a New York limited partnership (the “Partnership”) and CAPITAL FUND MANAGEMENT SA, a French corporation (the “Advisor”).

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AMENDED AND RESTATED SELLING AGREEMENT CITIGROUP DIVERSIFIED FUTURES FUND L.P. 1,000,000 Units of Limited Partnership Interest
Selling Agreement • October 29th, 2003 • Citigroup Diversified Futures Fund Lp • Real estate investment trusts • New York

AGREEMENT made as of the day of , 2003, by and among CITIGROUP DIVERSIFIED FUTURES FUND L.P., a New York limited partnership (the “Partnership”), CITIGROUP MANAGED FUTURES LLC, a Delaware limited liability company (“CMF”) and CITIGROUP GLOBAL MARKETS INC., a New York corporation (“CGM”).

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