Statement by General Partner

2018-01-122017-12-312018-01-18Limited Partnerships Act 1907, s. 10Limited Partnerships Act 1907TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk294960862177

PAI EUROPE V-3

Notice is hereby given that, pursuant to section 10 of the Limited Partnerships Act 1907, with effect from 31 December 2017, Altamar Buyout Global II, FRC (i), Altamar Buyout Global II, FRC (ii), Altamar Buyout Global III, FRC (i) and Altamar Buyout Global III, FRC (ii) transferred all of their interest in PAI Europe V-3 (the "Partnership"), a limited partnership registered in England with number LP12190, including their capital contribution of €89, €22.80, €69.93 and €18 respectively.

With effect from 31 December 2017, ASF Brighton LP was admitted to the Partnership with capital contributions of €199.73. Consequently, Altamar Buyout Global II, FRC (i), Altamar Buyout Global II, FRC, Altamar Buyout Global III, FRC (i) and Altamar Buyout Global II, FRC (ii) ceased to be limited partners in the Partnership.

Authorised Signatory

For and on behalf of Ipes (Guernsey) Limited

as Secretary to PAI Europe V General Partner Limited acting as General Partner of PAI Europe V GP LP Inc. as General Partner of PAI Europe V-3

12 January 2018