Conversus Capital Announces Brand Auction

Conversus Capital, L.P. (NYSE Euronext Amsterdam: CCAP) ("Conversus”) wishes to announce a sealed bid auction for the Conversus brand.

On 30 April 2013, Conversus appointed Nicholas John Vermeulen and Evelyn Brady (the "Joint Liquidators”) to manage the liquidation of Conversus GP, Limited and the remaining Conversus entities. Conversus will cease to exist upon the completion of a liquidation period which could last up to twelve months beyond the appointment date ("Liquidation Period”).

Following their appointment the Joint Liquidators have received a number of inquiries from parties interested in the purchase of the Conversus brand. The Conversus brand includes the Conversus name, logo and all other such materials used to identify or market Conversus to investors, the general public or any other audience.

Sealed bid process

Bids will be considered valid from 11 November 2013. The final date upon which bids will be accepted is 25 November 2013. The price will be the only criteria upon which bids will be evaluated. The winner bidder will be expected to pay for the brand prior to the end of November 2013. The winning bidder will also be expected to cover all legal costs for the transfer from Conversus to themselves. It is anticipated that the fund will be fully liquidated prior to the end of 2013 so the legal transfer will need to take place in early December 2013.

About Conversus Capital

Conversus is a limited partnership based in Guernsey currently in liquidation. Upon completion of the liquidation, Conversus will cease to exist.

Legal Disclaimer

This press release is not an offer to sell, or a solicitation of an offer to buy, securities in the United States or elsewhere. Securities may not be sold in the United States absent registration with the U.S. Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. Conversus is not a registered investment company under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act”), and the resale of Conversus securities in the United States or to U.S. persons other than to qualified purchasers as defined in the Investment Company Act is prohibited. Conversus does not intend to register any offering in the United States or to conduct a public offering of its securities in the United States. Conversus is an authorised closed-ended investment scheme for Guernsey regulatory purposes. Conversus is registered with the Netherlands Authority for the Financial Markets as a collective investment scheme which may offer participation rights in the Netherlands pursuant to article 2:66 of the Financial Market Supervision Act (Wet op het financieel toezicht). Past performance is not necessarily indicative of future results.

The common units and related restricted depositary units of Conversus are subject to a number of ownership and transfer restrictions. Information concerning these ownership and transfer restrictions is included in the Investor Relations section of Conversus’ website at www.conversus.com.