Berkley Acquisitions

Berkley Asset Management LLC ("BAM"), the General Partner of Berkley Asset Fund I, LP ("BAF") would like to inform you (the "LP Investor") of our policies regarding privacy of subscribed LP Investor's information. BAM is bound by standards of confidentiality that are stringent and BAM will always do everything in its power to protect the LP Investor's rights to privacy.

BAM maintains data and proprietary information which our LP Investors supply to us or authorize us to obtain from third parties so that BAM may prepare tax related documents for their reporting purposes. As a general policy, BAM will only maintain data for seven years; however, certain information (such as the tax basis for capital assets, as well as prior year's tax returns) may be retained for longer periods.

Because of the confidentiality standards, BAM does not share any information about the LP Investors with any persons outside of BAM. BAM does, however, share such information with individuals within BAM and its affiliated entities so that BAM can offer the LP Investors a full range of service.

Notwithstanding this policy, BAM may be required to disclose confidential information as necessary:

• To an outside service institution with whom BAM has a stringent Confidentiality Agreement that assists in providing tax preparation services for the LP Investors;
• To third parties, as authorized by the LP Investors;
• To governmental agencies (such as federal and state taxing authorities ) in representation of the LP Investors' direct or indirect interests;
• To the CPA firm or their representatives who conduct BAM's audit reviews;
• To state or federal regulatory authorities and tax bureaus who may oversee BAF's tax auditing;
• To comply with lawfully issued subpoenas or court direct orders

Also be advised that, while BAM may be approached by non-affiliated third parties inquiring whether any of the LP Investors might be interested in becoming involved in a certain transaction, BAM will not provide confidential information about the LP Investors without their express written consent.

If you have any questions about BAM's policies designed to protect the privacy of the LP Investors, please call to discuss. Thanking you in advance, Berkley Asset Management LLC, the General Partner of Berkley Asset Fund I, LP.