Net Asset Value Robeco Private Equity

The net asset value per participating unit of Robeco Private Equity amounted to EUR 117.28 as at 30 September 2011.

ANNOUNCEMENT

Net asset value Robeco Private Equity

The net asset value per participating unit of Robeco Private Equity amounted to EUR 117.28 as at 30 September 2011. 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 2011: net asset value EUR 119.77, price EUR 100.93, discount 15.7%

• 30 June 2011: net asset value EUR 117.28, price EUR 97.48, discount 16.9%

• 30 September 2011: net asset value EUR 117.28, price EUR 85.00, discount 27.5%

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.