Statement by General Partner

2008-07-012008-07-07Limited Partnerships Act 1907LIMITED PARTNERSHIPS ACT 1907TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk58757561413
CIT REAL ESTATE LIMITED PARTNERSHIP – PARALLEL FUND 1 L.P.
LIMITED PARTNERSHIPS ACT 1907

Notice is hereby given, pursuant to section 10 of the Limited Partnerships Act 1907, that, on 1 July 2008, CIT Founder Limited transferred its entire interest in the CIT Real Estate Limited Partnership – Parallel Fund 1 L.P. (the “Partnership”) to the CITRE Fund Executives L.P. and, with effect from such date, CIT Founder Limited ceased to be a Limited Partner and the CITRE Fund Executives L.P. became a Limited Partner in the Partnership.

For and on behalf of the CIT Real Estate Limited Partnership – Parallel Fund 1 L.P. acting by its General Partner CIT (GP) Limited

1 July 2008.