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r potential conflicts of interest such as those described above. BRE Europe. BRE Europe Real Estate Investment ("BRE Europe") refers to a group of Luxembourg-based companies that are the master holding companies through which the ER305378-MAXWELL Blackstone Real Estate Partners Europe V 103 CONFIDENTIAL
penalties if they fail to comply with special information reporting requirements with respect to their investments in the Partnership. In addition, U.S. Persons that own stock in non-U.S. corporations, including CFCs and PFICs, through the Partnership are subject to special reporting requirements under the C
he income is sourced. Millennium Management and its affiliates operate throughout the world in various jurisdictions, including the United Kingdom, Luxembourg, Hong Kong, Japan, Singapore and Switzerland. Millennium Management and its affiliates generally endeavor to conduct such activities in a manner suc
orated in December 1997 under the laws of the Cayman Islands, which accepts investments from persons who are not "U.S. Persons" and from tax-exempt U.S. Persons (e.g., 501(cX3) non-profit organizations and individual retirement accounts) that qualify as "accredited investors" and "qualified purchasers" unde
h source as discussed above. Luxembourg Taxation Millennium USA and the Master Partnership have been separately advised as follows with respect to Luxembourg taxation. Classification of the Master Partnership and Millennium USA as Foreign Taxpayers. For Luxembourg tax purposes, entities which do not have
orated in December 1997 under the laws of the Cayman Islands, which accepts investments from persons who are not "U.S. Persons" and from tax-exempt U.S. Persons (e.g., 501(c)(3) non-profit organizations and individual retirement accounts) that qualify as "accredited investors" and "qualified purchasers" und
h source as discussed above. Luxembourg Taxation Millennium USA and the Master Partnership have been separately advised as follows with respect to Luxembourg taxation. Classification of the Master Partnership and Millennium USA as Foreign Taxpayers. For Luxembourg tax purposes, entities which do not have
orated in December 1997 under the laws of the Cayman Islands, which accepts investments from persons who are not "U.S. Persons" and from tax-exempt U.S. Persons (e.g., 501(c)(3) non-profit organizations and individual retirement accounts) that qualify as "accredited investors" and "qualified purchasers" und
Entities connected to both Luxembourg and U.S. Persons

United Kingdom
LOCATION
United States
LOCATION
Malaysia
LOCATION
European Union
ORGANIZATION
New York
LOCATION
George W. Bush
PERSONCayman
LOCATION
Julie K. Brown
PERSONKeogh
ORGANIZATION
Eric Holder
PERSON
John F. Kennedy
PERSONthe U.S. Investment Company Act
ORGANIZATION
Credit Suisse
ORGANIZATION
University of Oxford
ORGANIZATION
Ghislaine Maxwell
PERSON
Stephen Hawking
PERSONthe American Stock Exchange
ORGANIZATION
U.S. Treasury
ORGANIZATION
the Internal Revenue Service
ORGANIZATION
JPMorgan Chase
ORGANIZATION