Statement by General Partner

2003-09-032002-10-092003-09-08Limited Partnerships Act 1907LIMITED PARTNERSHIPS ACT 1907TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk57048270270
LIMITED PARTNERSHIPS ACT 1907

Notice is hereby given, pursuant to section 10 of the Limited Partnerships Act 1907, that on 9 October 2002, Investment Management Group transfered to Vencap International Inc its entire interest as a Limited Partner in The European E-Commerce Fund B (the “Partnership”) a Limited Partnership registered with number LP006458 and that with effect from 9 October 2002 Investment Management Group ceased to be a Limited Partner in the Partnership and Vencap International Inc became a Limited Partner in the Partnership. For and on behalf of zouk Ventures Limited, as Manager of The European E-Commerce Fund B. 3 September 2003.