Statement by General Partner

Limited Partnerships Act 1907, s. 102017-12-222018-01-08Limited Partnerships Act 1907LIMITED PARTNERSHIPS ACT 1907TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk294320362165

LIMITED PARTNERSHIPS ACT 1907

RJD Private Equity SBS Fund III L.P.

(the "Partnership")

(Registered No. LP016545)

Notice is hereby given pursuant to section 10 of the Limited Partnerships Act 1907 that on 22 December 2017, RJD Founder Partner III L.P. transferred (i) part of its interest in the Partnership, represented by a capital contribution of £0.80, to a new limited partner, Francis William Bulman, and (ii) another part of its interest in the Partnership, represented by a capital contribution of £0.70, to another new limited partner, Zoe Jane Laura Bulman.