CD PRIVATE EQUITY FUND I — Fund Information / Factsheet 2014

Mar 13, 2014

14 March 2014

US Select Private Opportunities Fund (Fund)

ASX: USF

NTA & Fund Update – 28 February 2014

NTA update

The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 28 February 2014 was $1.70* per Unit (31 January 2014 was $1.73* per Unit).

Fund update

Capital commitment

During February, US Select Private Opportunities Fund, LP ( LP ) made a US$10.0 million capital call to fund investments and operating expenses.

Inclusive of this capital call, the LP has now called US$32.5 million (or 46.7% of capital committed). The Fund’s proportionate share is approximately US$27.8 million (an 85.5% share).

Drawdowns

During February, the LP received a capital return from FPC Small Cap Fund I, L.P. for approximately US$143,000.

At 28 February 2014, net drawdown requests from underlying investments were US$17.3 million, or 24.9% of total funds committed to the LP.

For more information, contact:

Alex MacLachlan 1300 454 801

*Source: Dixon Advisory & Superannuation Services Limited – historical performance is not a guarantee of the future performance of the Fund

The US Select Private Opportunities Fund was the first Australian-listed fund with a primary strategy of investing in US small-to-mid-market private investment funds, adopting a fund-of-funds investment strategy.