Statement by General Partner

2017-12-282018-01-052018-01-04Limited Partnerships Act 1907, s. 10Limited Partnerships Act 1907TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk294199827971

SEP III

(Registered No. SL005605)

Pursuant to section 10 of the Limited Partnerships Act 1907 NOTICE is hereby given that, on 28 December 2017, SGG (NZ) Limited, acting in its capacity as trustee for FCPR APEH Europe IV transferred part of its interest in SEP III (the "Partnership"), represented by a capital contribution of £17 to a new limited partner, Pantheon Duo Bidco, L.P..