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Management Agreement Renewals

Financial Services Agreement

Management Agreement Renewals
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This Financial Services Agreement involves

SMITH BARNEY POTOMAC FUTURES FUND LP | Smith Barney Diversified Futures Fund L.P | Smith Barney Global Markets Futures Fund L.P | CMF Campbell Master Fund L.P. | CITIGROUP MANAGED FUTURES LLC | CAMPBELL & COMPANY, INC

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Title: Management Agreement Renewals
Date: 3/29/2006

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Exhibit 10.12

May 31, 2005

Campbell & Company, Inc.
Court Tower Building
210 West Pennsylvania Avenue
Suite 770
Towson, MD 21204

Attn: Ms. Terry Becks

Re: Management Agreement Renewals

Dear Ms. Becks:

We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the "Management Agreements"). We are extending the term of the Management Agreements through June 30, 2006 and all other provisions of the Management Agreements will remain unchanged.

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