Common use of Accredited Investors Clause in Contracts

Accredited Investors. For Accredited Investors purchasing under exemption categories j, k or l as defined in SCHEDULE C, please complete the following: ■ Please complete SCHEDULE B – Risk Acknowledgement Form ■ Please provide the following information to verify your status under the exemption categories j, k or l: Investor Occupation Investor Type of Business/Industry Investor No. of Years with Employer Investor Employer Name and Address Investor Approximate Annual Income (from all Sources) Spousal/Joint Investor Occupation (if applicable) Spousal/Joint Investor Type of Business/Industry (if applicable) Spousal/Joint Investor No. of Years with Employer (if applicable) Spousal/Joint Investor Employer Name and Address (if applicable) Spousal/Joint Investor Spousal Approximate Annual Income (from all Sources) (if applicable) Estimated Net Liquid Assets per Household (a) Joint Investor (Cash and Securities less loans outstanding against securities) $ $ Estimated Net Fixed Assets per Household (b) Joint Investor (Fixed assets less liabilities outstanding against fixed assets) $ $ Estimated Total Net Worth per Household (a) + (b) Joint Investor $ $

Accredited Investors. For Accredited Investors purchasing under exemption categories j, k or l as defined in SCHEDULE C, please complete the following: ■ Please complete SCHEDULE B – Risk Acknowledgement Form ■ Please provide the following information to verify your status under the exemption categories j, k or l: Investor Occupation Investor Type of Business/Industry Investor No. of Years with Employer Investor Employer Name and Address Investor Approximate Annual Income (from all Sources) Spousal/Joint Investor Occupation (if applicable) Spousal/Joint Investor Type of Business/Industry (if applicable) Spousal/Joint Investor No. of Years with Employer (if applicable) Spousal/Joint Investor Employer Name and Address (if applicable) Spousal/Joint Investor Spousal Approximate Annual Income (from all Sources) (if applicableap- plicable) Estimated Net Liquid Assets per Household (a) Joint Investor (Cash and Securities less loans outstanding against securities) $ $ Estimated Net Fixed Assets per Household (b) Joint Investor (Fixed assets less liabilities outstanding against fixed assets) $ $ Estimated Total Net Worth per Household (a) + (b) Joint Investor $ $$ Subscription Agreement and Application Form Portland India Select Business Portfolio inc. 4 PIC1011-E(12/10) CANADIAN INVESTORS

Accredited Investors. For Accredited Investors purchasing under exemption categories j, k or l as defined in SCHEDULE C, please complete the following: ■ Please complete SCHEDULE B – Risk Acknowledgement Form ■ Please provide the following information to verify your status under the exemption categories j, k or l: Investor Occupation Investor Type of Business/Industry Investor No. of Years with Employer Investor Employer Name and Address Investor Approximate Annual Income (from all Sources) Spousal/Joint Investor Occupation (if applicable) Spousal/Joint Investor Type of Business/Industry (if applicableap- plicable) Spousal/Joint Investor Spousal No. of Years with Employer (if applicable) Spousal/Joint Investor Employer Name and Address (if applicable) Spousal/Joint Investor Spousal Approximate Annual Income (from all Sources) (if applicableap- plicable) Estimated Net Liquid Assets per Household (a) Joint Investor (Cash and Securities less loans outstanding against securities) $ $ Estimated Net Fixed Assets per Household (b) Joint Investor (Fixed assets less liabilities outstanding against fixed assets) $ $ Estimated Total Net Worth per Household (a) + (b) Joint Investor $ $$ Subscription Agreement and Application Form Portland India Select Business Portfolio inc. 4 PIC1011-E(12/10) CANADIAN INVESTORS

Accredited Investors. For Accredited Investors purchasing under exemption categories j, k or l as defined in SCHEDULE C, please complete the following: ■ Please complete SCHEDULE B – Risk Acknowledgement Form ■ Please provide the following information to verify your status under the exemption categories j, k or l: Investor Occupation Investor Type of Business/Industry Investor No. of Years with Employer Investor Employer Name and Address Investor Approximate Annual Income (from all Sources) Spousal/Joint Investor Occupation (if applicable) Spousal/Joint Investor Type of Business/Industry (if applicable) Spousal/Joint Investor No. of Years with Employer (if applicable) Spousal/Joint Investor Employer Name and Address (if applicable) Spousal/Joint Investor Spousal Approximate Annual Income (from all Sources) (if applicableap- plicable) Estimated Net Liquid Assets per Household (a) Joint Investor (Cash and Securities less loans outstanding against securities) (a) $ Joint Investor $ Estimated Net Fixed Assets per Household (b) Joint Investor (Fixed assets less liabilities outstanding against fixed assets) (b) $ $ Estimated Total Net Worth per Household (a) + (b) Joint Investor $ $$ Subscription Agreement and Application Form Portland India Select Business Portfolio inc. 4 PIC1011-E(12/10) CANADIAN INVESTORS

Accredited Investors. For Accredited Investors purchasing under exemption categories j, k or l as defined in SCHEDULE C, please complete the following: ■ Please complete SCHEDULE B – Risk Acknowledgement Form ■ Please provide the following information to verify your status under the exemption categories j, k or l: Investor Occupation Investor Type of Business/Industry Investor No. of Years with Employer Investor Employer Name and Address Investor Approximate Annual Income (from all Sources) Spousal/Joint Investor Occupation (if applicable) Spousal/Joint Investor Type of Business/Industry (if applicableap- plicable) Spousal/Joint Investor No. of Years with Employer (if applicable) Spousal/Joint Investor Employer Name and Address (if applicable) Spousal/Joint Investor Spousal Approximate Annual Income (from all Sources) (if applicableap- plicable) Estimated Net Liquid Assets per Household (a) Joint Investor (Cash and Securities less loans outstanding against securities) $ $ Estimated Net Fixed Assets per Household (b) Joint Investor (Fixed assets less liabilities outstanding against fixed assets) $ $ Estimated Total Net Worth per Household (a) + (b) Joint Investor $ $$ Subscription Agreement and Application Form Portland India Select Business Portfolio inc. 4 PIC1011-E(12/10) CANADIAN INVESTORS

Accredited Investors. For Accredited Investors purchasing under exemption categories j, k or l as defined in SCHEDULE C, please complete the following: ■ Please complete SCHEDULE B – Risk Acknowledgement Form ■ Please provide the following information to verify your status under the exemption categories j, k or l: Investor Occupation Investor Type of Business/Industry Investor No. of Years with Employer Investor Employer Name and Address Investor Approximate Annual Income (from all Sources) Spousal/Joint Investor Spousal Occupation (if applicable) Spousal/Joint Investor Spousal Type of Business/Industry (if applicable) Spousal/Joint Investor Spousal No. of Years with Employer (if applicable) Spousal/Joint Investor Spousal Employer Name and Address (if applicable) Spousal/Joint Investor Spousal Approximate Annual Income (from all Sources) (if applicable) Estimated Net Liquid Assets per Household (a) Joint Investor (Cash and Securities less loans outstanding against securities) $ (a) $ Estimated Net Fixed Assets per Household (b) Joint Investor (Fixed assets less liabilities outstanding against fixed assets) $ (b) $ Estimated Total Net Worth per Household (a) + (b) Joint Investor $ $

Accredited Investors. For Accredited Investors purchasing under exemption categories j, k or l as defined in SCHEDULE C, please complete the following: ■ Please complete SCHEDULE B – Risk Acknowledgement Form ■ Please provide the following information to verify your status under the exemption categories j, k or l: Investor Occupation Investor Type of Business/Industry Investor No. of Years with Employer Investor Employer Name and Address Investor Approximate Annual Income (from all Sources) Spousal/Joint Investor Occupation (if applicable) Spousal/Joint Investor Type of Business/Industry (if applicableap- plicable) Spousal/Joint Investor No. of Years with Employer (if applicable) Spousal/Joint Investor Employer Name and Address (if applicable) Spousal/Joint Investor Spousal Approximate Annual Income (from all Sources) (if applicableap- plicable) Estimated Net Liquid Assets per Household (a) Joint Investor (Cash and Securities less loans outstanding against securities) $ $ Estimated Net Fixed Assets per Household (b) Joint Investor (Fixed assets less liabilities outstanding against fixed assets) $ $ Estimated Total Net Worth per Household (a) + (b) Joint Investor $ $