CD PRIVATE EQUITY FUND I — Director's Dealing 2013

Jun 23, 2013

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity US Select Private Opportunities Fund

ARSN 158 625 284

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Maximilian Walsh
Date of last notice	14 August 2012

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	NA
Date of change	19 June 2013
No. of securities held prior to change	1 unit held by Maximilian Walsh62,500 units held as trustee for MS & GMWalsh Superannuation Fund
Class	Ordinary Units
Number acquired	8,930 units held as trustee forSophie Walsh Superannuation Fund8,930 units held as trustee forFlicc Walsh Superannuation Fund
Number disposed	17,860 units held as trustee for MS & GMWalsh Superannuation Fund

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and	$1.68 per unit
estimated valuation
No. of securities held after change	1 unit held by Maximilian Walsh
	44,640 units held as trustee for MS & GM
	Walsh Superannuation Fund
	8,930 units held as trustee for
	Sophie Walsh Superannuation Fund
	8,930 units held as trustee for
	Flicc Walsh Superannuation Fund
Nature of change	Off-market trade
Example: on-market trade, off-market trade, exercise of
options, issue of securities under dividend reinvestment plan,
participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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