Partnership Capital Growth Investors Management LLC

ITEM 5          FEES AND COMPENSATION

Monitoring/Management Fees
PCGIM provides monitoring services to portfolio companies. The fees for monitoring services vary by company, but
are typically no more than 2% of the original invested capital in any business and ranges from a low of
$5,000/quarter at a company in which PCGIM holds a more passive board seat and owns, for example, 5% interest
in the company, to a high of $125,000/quarter in a company in which a principal of PCGIM serves as chairman of
the board of directors and PCGIM owns a substantial majority of the company. PCGIM may also receive a
management fee from its limited partner investors (“LP’s”). This fee ranges from 0 in the Firms Fund I, to 1% of
invested capital in the Firm’s “Sidecar” funds, to 2% of committed capital in the firm’s Fund III and Special Purpose
Vehicles (SPV’s).

Other Fees
PCGIM may also receive carried interest of 20% of the investment gain in an investment after certain hurdles are
met, which range from 8 to 12% annual return to limited partner investors, plus return of any expenses charged to
the Fund by the fund manager.

How Fees are Paid
Portfolio monitoring fees are paid quarterly, typically prior to each quarter, although in one case such fees are
paid in arrears. Fund management fees are generally paid prior to each quarter, along with expenses incurred
by the fund for the prior quarter, and in some cases estimated expenses for the following quarter. Carried
interest is paid to the General Partner of each fund only after the required hurdle is achieved by the Limited
Partner.

ITEM 7          TYPES OF CLIENTS

PCGIM’s advisory clients are exclusively pooled investment vehicles.