MONTHLY REPORT - OCTOBER, 2007 Providence Select Fund, LP The net asset value of a unit as of October 31, 2007 was $ 864.61, up 2.1% from $ 846.47 per unit as of September 30, 2007. STATEMENT OF CHANGES IN NET ASSET VALUE Current Period Year to Date Net Asset Value (2,965.299 units)at $ 2,510,033.83 2,000.00 September 30, 2007 Addition of 439.52 units on October 1, 372,039.09 3,334,332.21 2007 Redemption of 0.00 units on October 31, 0 (27,288.47) 2007 Net Income (Loss) 61,769.61 (365,201.21) --------------- ------------- Ending Net Asset Value (3,404.819 units) $ 2,943,842.53 2,943,842.53 on October 31, 2007 =============== ============= Net Asset Value per Unit at $ 864.61 October 31, 2007 STATEMENT OF INCOME AND EXPENSE Income: Gain (loss) on trading of commodity futures: Realized gain (loss) on closed contracts $ (46,706.51) (333,467.89) Change in unrealized gain (loss) on open 147,891.72 208,353.20 contracts Interest income 8,191.72 52,400.98 ============= ============ Total: Income 109,376.93 (72,713.71) Expenses: Brokerage commissions 13,607.84 75,987.93 Operating expenses 20,165.85 115,656.78 Incentive fee 0 26,850.72 Management fee 5,611.36 31,489.89 Continuing service fee 8,222.27 42,502.18 Organizational & offering expenses 0 0 -------------- ------------ Total: Expenses 47,607.32 292,487.50 ============== ============ Net Income (Loss) - October, 2007 $ 61,769.61 (365,201.21) To the best of my knowledge and belief, the information contained herein is accurate and complete. /s/ Michael P. Pacult Michael P. Pacult, President White Oak Financial Services. Inc. General Partner Providence Select Fund. LP