Statement by General Partner

2004-12-282004-12-242005-01-06TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk57524285285
CHANGE OF OWNERSHIP IN LIMITED PARTNERSHIPS
PURSUANT TO SECTION 10(1) OF THE LIMITED PARTNERSHIP ACT 1907

Date Transferor Transferee 100,000 Limited Partnership Interest
BC EUROPEAN CAPITAL V-5
24 December 2004 Nomen Fiduciaria S.r.l. Wings Capital LLP    5.00
BC EUROPEAN CAPITAL VI-3
24 December 2004 Nomen Fiduciaria S.r.l. Wings Capital LLP   40.00
BC EUROPEAN CAPITAL VI-6
28 December 2004 Brera Fiduciaria S.p.A. Mizar Capital LLP    0.20
BC EUROPEAN CAPITAL VI-7
24 December 2004 Compagnia Fiduciaria di Genova, fiduciary mandate 1202 Griffon Capital LLP    5.00
BC EUROPEAN CAPITAL VII-1
24 December 2004 Compagnia Fiduciaria di Genova, fiduciary mandate 1202 Griffon Capital LLP    8.00
BC EUROPEAN CAPITAL VII-2
28 December 2004 EOS Servizi Fiduciaria S.p.A. Mizar Capital LLP    2.00
BC EUROPEAN CAPITAL VII-5
24 December 2004 Nomen Fiduciaria S.r.l. Wings Capital LLP   50.00
BC EUROPEAN CAPITAL VIII Top-Up-1
28 December 2004 EOS Servizi Fiduciaria S.p.A. Mizar Capital LLP    2.00
J Preece, for Guensey International Fund Managers, as Secretary to CIE Managment II Limited.