Net Asset Value Robeco Private Equity

ANNOUNCEMENT

The net asset value per participating unit of Robeco Private Equity amounted to EUR 134.44 as at 30 June 2008. The development of net asset value, price and premium/discount (price relative to the net asset value) per participating unit of Robeco Private Equity is shown below:

• 31 December 2007: net asset value EUR 166.04*, price EUR 140.00, discount 15.7%
• 31 March 2008: net asset value EUR 151.96, price EUR 130.00, discount 14.5%
• 30 June 2008: net asset value EUR 134.44**, price EUR 132.01, discount 1.8%

Robeco Private Equity offers investors the opportunity to invest in a well-diversified and professionally managed portfolio of private equity investments in a straightforward way. Robeco Private Equity has a limited life to maturity; the fund will therefore distribute capital to holders of its participating units in due course. More information about Robeco Private Equity can be found at www.robeco.com/alternatives.

* Please note that the net asset value as per 31 December 2007 (EUR 166.04) as reported above differs from the net asset value communicated in previous announcements (EUR 163.95). For more information please refer to the annual report for the year 2007.

** Ex capital distribution of EUR 13.90 (ex-date 22 April 2008). Please refer to the press release of 10 April 2008 for more information.