Exhibit 10.4(a)
June 9, 2009
Graham Capital Management, L.P.
Rock Ledge Financial Center
40 Highland Avenue
Rowayton, CT 06853
Attention: Mr. Paul Sedlack
          Re: Management Agreement Renewals
Dear Mr. Sedlack:
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, 2010 and
all other provisions of the Management Agreements will remain unchanged.

      •   Citigroup Diversified 2000 Futures Fund L.P.     •   Smith Barney
Diversified Futures Fund L.P. II     •   Smith Barney Diversified Futures Fund
L.P.     •   Citigroup Fairfield Futures Fund L.P.     •   Citigroup Diversified
Futures Fund L.P.     •   Citigroup Fairfield Futures Fund L.P. II     •   CMF
Graham Master Fund L.P.

Please acknowledge receipt of this modification by signing one copy of this
letter and returning it to the attention of Ms. Jennifer Magro at the address
above or fax to 212-793-1986. If you have any questions I can be reached at
212-559-5046.
Very truly yours,
CITIGROUP MANAGED FUTURES LLC

         
By:
  /s/ Jennifer Magro          
 
  Jennifer Magro    
 
  Chief Financial Officer and Director    
 
       
By:
  /s/ Paul Sedlack          

Print Name: Paul Sedlack
JM/sr