Quest for Growth NV — Net Asset Value 2011

Aug 3, 2011

R Regulated informa ation. This press r elease contains in nformation subjec ct to the transpar rency requirement ts imposed on list ted companies.

P L Press re Leuven / lease / 3 Augu ust 2011 1 / 5.40 PM

Sc chedule for publica ation on 3 August 20 011: 5.40 PM press r release available at t www.questforgrow th.com

Q QUES ST FO OR G GROW WTH

Privak, fixed d capital inve estment com mpany establ lished under Belgian Law

NAV p per share e on 31/0 07/2011: w€ 8.91

F For further in nformation:

QUES Mr. M Phone Fax: + quest T MANAGEMEN Marc Pauwels – e: +32 (0)16 2 +32 (0)16 28 4 t@questforgro NT NV – Fund Admini 28 41 28 41 29 owth.com istrator

Or:

T a c The net asset asset value on closed at € 5.5 value of Que n 31 Decembe 55 per share ( est for Growth er 2010 was € 31 December h was € 8.91 8.99 per sha 2010: € 5.31 per share on are (based on per share). 31 July 2011 11,789,950 s (based on 11 hares). On 31 1,529,950 sha 1 July 2011 th ares). The net he share price te

Stock Price e	Net as set value/s share
31/07/2011	31/0 07/2011	30/06/2011	31/12/20 010
5.55 EUR	8.9 91 EUR	9.22 EUR	8.99 EU UR
Nu mber of shar res	11,5 529,950	11,529,950	11,789,2 255

Source : Estimate by Ques st M anagement N NV

The net differen The full t asset value is cal nt dividend rights p portfolio overview lculated after divid ertaining to the dif w on 31 July 2011 is dend distribution a fferent classes of s available on the w nd without taking i shareholders. website. into account the

T ap This announcement is ppears solely as a m s not an offer to sel matter of record. l or a solicitation of f an offer to buy any y securities in the ab bove companies in w which QUEST FOR GR ROWTH has invested. . This announcement t

T S The securities of the tates other than pur companies referred rsuant to an effectiv d to in this documen ve registration state t have not been regi ment or an applicab istered with the Uni ble exemption from r ited States Securitie registration. es Act of 1933, and m may not be offered o or sold in the United d

T fo co m p This press release m orward-looking state onsidered along with markets in which th rospectus, which wa may contain forward ements are based on h knowledge that ac he companies in wh as issued at the time d-looking statements n reasonable assump ctual events and resu ich QUEST FOR GRO e of the IPO s that involve risk a ptions, no assurance ults may vary mater OWTH invests do bu and uncertainty. Al e can be given that s rially from such pred usiness or the stock though QUEST FOR such projections wil dictions due to, amo k markets in which GROWTH believes t l be fulfilled. Any s ong other things, pol these companies a that the expectatio such forward-looking olitical, economic or are listed. Readers ns reflected in such g statement must be legal changes in the are referred to the h e e e

th hat identifies the im mportant risk factors s proper to QUEST FO OR GROWTH.

QUEST Privak Lei 19 T FOR GROWTH , fixed capita - box 3, B-300 H NV l investment c 00 Leuven - P company esta Phone: +32 (0) ablished under 16 28 41 28 r Belgian Law Fax: +32 (0)1 6 28 41 29

www.q quest@ questforgrowt @questforgrow th.com wth.com