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CD PRIVATE EQUITY FUND I Net Asset Value 2012

Aug 12, 2012

64626_rns_2012-08-12_8ae41332-b481-4f8a-9246-b4f9dc9af3be.pdf

Net Asset Value

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USF - Pro forma unaudited Statements of Financial Position

A$ Subscription
Assets / liabilities $62,421,944
Cash 59,812,707
Liabilities -
Net assets / Equity 59,812,707
NAV per unit 1.53

Reconciliation of the pro forma cash balances

A$ Subscription
Assets / liabilities $62,421,944
Pro forma adjustment – Proceeds of the Offer 62,421,944
Pro forma adjustment - Expenses of the Offer 2,609,237
Pro forma net cash position 59,812,707
Assumptions
Structuring & Arranging Fee 2.00%
Handling Fee 2.00%
Expected amount not subject to RITC 45%
Shares Outstanding 39,013,716