MONTHLY REPORT - APRIL 2008 Providence Select Fund, LP The net asset value of a unit as of April 30, 2008 was $ 885.27 down 10.2% from $ 986.23 per unit as of March 31, 2008. STATEMENT OF CHANGES IN NET ASSET VALUE Current Period Year to Date Net Asset Value (3,738.460 units)at $ 3,687,175.09 3,334,924.08 March 31, 2008 Addition of 0.000 units on April 1, 0.00 120,072.42 2008 Redemption of 23.907 units on April 30, (21,164.15) (104,912.35) 2008 Net Income (Loss) (377,632.77) (61,705.98) ---------------- -------------- Ending Net Asset Value (3,714.553 units) $ 3,288,378.17 3,288,378.17 on April 30, 2008 ================ ============== Net Asset Value per Unit at April 30, 2008 $ 885.27 STATEMENT OF INCOME AND EXPENSE Income: Gain (loss) on trading of commodity futures: Realized gain (loss) on closed contracts $(149,581.54) 482,223.74 Change in unrealized gain (loss) on open (193,918.66) (269,042.78) contracts Interest income 2,386.22 19,416.66 ------------- ----------- Total: Income (341,113.98) 232,597.62 Expenses: Brokerage commissions 17,830.94 69,100.99 Operating expenses 5,815.04 40,602.74 Incentive fee (16,744.99) 91,155.85 Management fee 9,717.67 37,301.26 Continuing service fee 8,453.65 33,141.46 Organizational & offering expenses 11,446.48 23,001.30 -------------- ------------ Total: Expenses 36,518.79 294,303.60 ============== ============ Net Income (Loss) - April 2008 $ (377,632.77) (61,705.98) 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