Statement by General Partner

2006-03-312006-04-07Limited Partnerships Act 1907LIMITED PARTNERSHIPS ACT 1907TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

Notice is hereby given that, pursuant to section 10 of the Limited Partnerships Act 1907, on 31 March 2006, Phoenix Life Insurance Company (formerly Phoenix Home Life Mutual Insurance Company) transferred to Edgemere Capital, LLC all of the interest held by it in Palamon European Equity, L.P. (the “Partnership”), a Limited Partnership registered in England with No LP 6185, and that with effect from 31 March 2006 Phoenix Life Insurance Company ceased to be a Limited Partner and Edgemere Capital, LLC became a Limited Partner in the Partnership. For and on behalf of Palamon European Equity, L.P.