Investor Presentaiton

Buyouts performance - Vintage IRR performance Vintage Cost As at As at year remaining 2009 100% 31 March 2009 n/a 31 March 2008 n/a 36% of direct 2008 99% (30)% n/a portfolio value 2007 78% 25% 35% £3.8bn assets 2006 26% 46% 57% under management 2005 25% 62% 62% Vintage year is the financial year ended 31 March 2009 2008 2007 2006 2005 Gross portfolio return (34)% 57% 54% 29% 20% 3i 30

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