Statement by General Partner

2012-03-302012-03-312012-04-05Limited Partnerships Act 1907LIMITED PARTNERSHIPS ACT 1907TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk1568134

LIMITED PARTNERSHIPS ACT 1907

Exponent Private Equity Partners II, LP

the “Partnership” Partnership number:

LP012263

Notice is hereby given that pursuant to section 10 of the Limited Partnerships Act 1907, on 31 March 2012 each of Hatteras Master Fund, L.P. (“Assignor I”) and JPMorgan Chase Bank, N.A. as Custodian for the Endowment Master Fund, L.P. (“Assignor II”), limited partners in the Partnership, transferred 100% of their respective right, title and interest held in the Partnership to Newbury Equity Partners II, L.P. (the “Assignee”), and consequently, on that date the Assignee was admitted as a limited partner of the Partnership and Assignor I and Assignor II ceased to be limited partners in the Partnership.

Chris Graham, Designated Member, for and on behalf of Exponent Private Equity LLP, as manager of the Partnership

30 March 2012