Net Asset Value Robeco Private Equity

ANNOUNCEMENT

The net asset value per participating unit of Robeco Private Equity amounted to EUR 84.38 as at 31 December 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:

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%
31 December 2008: net asset value EUR 84.38, price EUR 53.98, discount 36.0%

For more information about the development of the intrinsic value we refer to the quarterly report which will be published in February.
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.