Net Asset Value Robeco Private Equity

ANNOUNCEMENT

The net asset value per participating unit of Robeco Private Equity amounted to EUR 127.70 as at 30 September 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 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%
• 30 September 2008: net asset value EUR 127.70, price EUR 95.00, discount 25.6%

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.
On 25 April 2008, Robeco Private Equity made a capital payment of EUR 13.90 per share to investors (ex-date 22 April 2008). This payment is reflected in the net asset values per 30 June and 30 September. For more information, please refer to the press release of 10 April 2008.