VOLUNTARY TENDER OFFER

Shareholders of:
EEA Life Settlements Fund PCC

15th October 2018

To whom it may concern,

Southey Capital Ltd a UK authorised and regulated firm by the Financial Conduct Authority, wishes to make a
non-binding offer to purchase voluntarily tendered Run-Off shares as listed on page 2, (“Offer”). The Offer price
is 30% of the NAV multiplied by the 28th September 2018 NAV, less any distributions in the form of redemptions
or other disbursements, from the date of this letter.

Southey Capital will make all potential sellers aware of any scaling back if necessary and/or at its discretion confirm
trades, where a pro-rata sale is not desired or possible.

Our Offer deadline will expire on 31st December 2018 5pm GMT, or as advised by Southey Capital Ltd ("Offer
Deadline"). All intentions to accept received by the Offer Deadline can be transmitted to us via email below, later
intentions to accept may still be accepted at the discretion of Southey Capital Ltd. Only upon signing a binding
trade confirmation and stock transfer form and completing any necessary KYC, settlement payment will be made
in three business days. Any distribution/(s) post 1st September, 2018, will be netted off from the Offer at the time
of settlement payment.

The share registrar, Saffery Champness should be able to advise you on any queries regarding your holdings. More
information can also be found on our website: www.southeycapital.com/EEAinvestors

This letter shall not create any legal obligation for Southey Capital Ltd. Southey Capital Ltd reserves the right to
withdraw the non-binding Offer at any time at its sole discretion. The trade is also subject to our standard Terms
of Business and Trade Confirmation.

This letter is subject to English law.

Kind regards,

Robert Southey

Director

Please contact us on:

EEA@southeycapital.com
+44 (0) 203 745 7940

Southey Capital Ltd is a company registered in England and Wales with No. 09411731
FATCA PARTICIPATING FINANCIAL INSTITUTION (GIIN No. 3P381G.99999.SL.826)
AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (No. 711717)
 VOLUNTARY TENDER OFFER

Applicable Shares classes

NAV
Run-Off Shares ISIN 28/09/2018
74.73
Euro Fund Acc Run-Off Cell GG00BMNR0R80
106.97
Euro Fund Class X Run-Off Cell GG00BMNR0J07
70.44
Euro Fund Class Y Run-Off Cell GG00BMNR0F68
72.96
Euro Fund Dist Run-Off Cell GG00BMNR0P66
109.96
Meteor Senior Life Settlements Sterling Fund II Run-Off Cell GG00BMNR0V27
98.44
Meteor Senior Life Settlements Sterling Fund Run-Off Cell GG00BMNR0T05
119.51
Sterling Fund Acc Run-Off Cell GG00BMNR0Q73
106.05
Sterling Fund Class X Run-Off Cell GG00BMNR0K12
79.59
Sterling Fund Dist Run-Off Cell GG00BMNR0M36
86.10
Swedish Krona Fund Class X Run-Off Cell GG00BMNR0L29
79.55
USD Fund Acc Run-Off Cell GG00BMNR0S97
86.38
USD Fund Class I Run-Off Cell GG00BMNR0H82
105.54
USD Fund Class X Run-Off Cell GG00BMNR0G75
67.02
USD Fund Dist Run-Off Cell GG00BMNR0N43
94.69
WAY Life Settlements Fund Run-Off Cell GG00BMNR0W34

Southey Capital Ltd is a company registered in England and Wales with No. 09411731
FATCA PARTICIPATING FINANCIAL INSTITUTION (GIIN No. 3P381G.99999.SL.826)
AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (No. 711717)