SOF III - 1081 Southern Financial LLC Secondary Opportunities Fund III. LP BAHRAIN The Memorandum has not been approved by the Central Bank of Bahrain which takes no responsibility for its contents. No offer to the public to purchase the Interests will be made in the Kingdom of Bahrain and this Memorandum is intended to be read by the addressee only and must not be passed to, issued to. or shown to the public generally. CANADA The Interests may not be offered or sold. and this Memorandum may not be delivered. in Canada or to a resident in Canada. unless and until this Memorandum is accompanied by an appropriate Canadian wrapper. CAYMAN ISLANDS Interests may be beneficially owned by persons resident, domiciled, established, incorporated or registered pursuant to the laws of the Cayman Islands. The Fund, however, will not undertake business with the public in the Cayman Islands. 'Public' for these purposes does not include a sophisticated person, a high net worth person, a company, partnership or trust of which the shareholders, unit holders or limited partners are each a sophisticated person, a high net worth person any exempted or ordinary non-resident company registered under the Companies Law (as amended) or a foreign company registered pursuant to the provisions of the Companies Law (as amended) or any such company acting as general partner of a partnership registered pursuant to the provisions of the Exempted Limited Partnership Law (as amended) or any director or officer of the same acting in such capacity or the trustee of any trust registered or capable of registering pursuant to the provisions of the Trusts Law (as Revised). DUBAI INTERNATIONAL FINANCE CENTRE This Memorandum relates to a Fund which is not subject to any form of regulation or approval by the Dubai Financial Services Authority ('DFSA'). The DFSA has no responsibility for reviewing or verifying any Memorandum or other documents in connection with this Fund. Accordingly, t