MORGAN STANLEY REAL ESTATE SPECIAL SITUATIONS FUND III, L.P.

PFID 805-6007117540 Managed by MSRESS III MANAGER, L.L.C.

Real Estate Fund 3(c)(7) Master Fund

Gross Asset Value

$40.7M

Min. Investment

$5,000,000

Investors

220

First Sale

FY End

Service Providers

Auditor

DELOITTE & TOUCHE LLP

ATLANTA, Georgia, United States

PCAOB: Registered

Independent: Yes

Custodian

CITIBANK NA

NEW YORK, New York, United States

Custodian

JPMORGAN CHASE BANK, N.A.

NEW YORK, New York, United States

Custodian

CITIBANK BERHAD

KUALA LUMPUR, Malaysia

Custodian

DOM INWESTYCYJNY BRE BANKU S.A.

WARSAW, Poland

Custodian

CITCO (MAURITIUS)

PORT LOUIS, Mauritius

Administrator

STATE STREET BANK AND TRUST COMPANY

ATLANTA, Georgia, United States