GSDO Goldman D GBP

GOLDMAN SACHS DYNAMIC OPPORTUNITIES LIMITED (IN VOLUNTARY LIQUIDATION) (THE
"COMPANY")

FINAL LIQUIDATON DISTRIBUTION

At a general meeting of the Company held on 31 December 2012, shareholders
passed a resolution to wind-up the Company and Ashley Paxton and Linda Johnson
of KPMG Channel Islands Limited were appointed Liquidators.

Continuing Portfolio Final Redemption Announcement

The Liquidators announce their intention of making a fourth and final
distribution of approximately US$ 4.7m from the Continuing Portfolio, by way of
a compulsory redemption of the remaining issued GBP and US$ Shares at
Redemption Prices of US$1.1297 per GBP Share and US$ 1.3687 per US$ Share.

Amounts payable to holders of GBP Shares are being converted into sterling at a
rate of 1.6789 GBP:US$.

2010 Redemption Portfolio Final Redemption Announcement

The Liquidators announce their intention of making a fourth and final
distribution, of approximately US$ 1.2m, from the 2010 Redemption Portfolio of
EUR 0.0262 per EUR Share and US$ 0.0370 per US$ Share, in each case based on
shares redeemed in the 2010 Redemption Offers and cancelled shortly thereafter.
Payment of such amounts represents full and final settlement of all amounts
owed to such former shareholders and no further monies will be paid.

2011 Redemption Portfolio Final Redemption Announcement

The Liquidators announce their intention of making a third and final
distribution, of approximately US$ 1.5m, from the 2011 Redemption Portfolio of
EUR 0.0247 per EUR Share and US$ 0.0349 per US$ Share, in each case based on
shares redeemed in the 2011 Redemption Offers and cancelled shortly thereafter.
Payment of such amounts represents full and final settlement of all amounts
owed to such former shareholders and no further monies will be paid.

Payment Mechanics

All of the Continuing Shares are now held in certificated form (that is, not in
CREST). Redemptions will take effect automatically. As the Continuing Shares
will be compulsorily redeemed, certificated Shareholders do not need to return
their Share certificates to the Company in order to claim their redemption
monies. Shareholders' existing Share certificates will be cancelled. Cheques
will automatically be issued to certificated Shareholders upon the cancellation
of their remaining Shares.

In respect of shares redeemed in the 2010 and 2011 Redemption Offers, those
shares have already been cancelled and payments represent the final monies due
to them as unsecured creditors.

Payments will be made by way of cheque (drawn on a branch of a UK clearing
bank) by post on 3 June 2014 to the registered address of the Redeeming
Shareholder or former shareholder (or, in the case of joint holders, the holder
or former holder whose name appears first in the register of members) at the
sole risk of that Redeeming Shareholder or former shareholder.

Expected Timetable for Third Distribution:

Conversion of USD to GBP for payments to GBP Shareholders or former GBP
shareholders: 28 May 2014

Conversion of USD to EUR for payments to EUR Shareholders or former EUR
shareholders: 28 May 2014

Settlement of Final Distribution: 3 June 2014

Enquiries:

The Liquidators
Ashley Paxton and Linda Johnson
20 New Street
St Peter Port
Guernsey
GY1 4AN

Tel: 01481 721000
Fax: 01481 722373
restructuring@kpmg.guernsey.gg