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2017 Tax Information

March 2018

Because all remaining assets in the “CDC Corporation Chapter 11 Disputed Ownership Fund” (the “DOF”) were transferred from the DOF to the CDC Liquidation Trust (the “Trust”) in 2015, the DOF ceased in 2015 and as a result, no deemed distribution by the DOF (and no deemed contribution to the Trust) was made in 2017. Accordingly, there was no reportable tax event in 2017 requiring the issuance to holders of Beneficial Interests of a Form 1099-B.1

The Trust prepared a “2017 Final Beneficiary/Grantor Tax Information Letter” (the “Letter”) to report the actual amounts of the Trust’s 2017 income and expenses to Holders on a per Beneficial Interest unit basis.2 This Letter is being provided to Holders so each Holder can calculate the Holder’s reportable amount of Trust income and expense for the 2017 Trust taxable year.

Additionally, the Trust prepared a “2017 Final Summary of Information on Tax Matters from the CDC Liquidation Trust and the CDC Corporation Chapter 11 Disputed Ownership Fund” (the “2017 Summary”), which summarizes the information that has been provided by the Trust and the DOF to Holders with respect to tax matters related to the Trust and the DOF since their establishment. The 2017 Summary is also being provided to Holders. On or about December 19, 2017, the Trust terminated after all remaining assets in the Trust were disbursed. As a result, the 2017 Summary will be the final summary of information on tax matters from the DOF and the Trust.

Copies of the “2017 Final Beneficiary/Grantor Tax Information Letter” and the “2017 Final Summary of Information on Tax Matters from the CDC Liquidation Trust and the CDC Corporation Chapter 11 Disputed Ownership Fund” can be accessed on the Documents tab of this website.

1 At the same time the CDC Liquidation Trust was created, the Liquidation Trustee elected to place money and property of CDC Corporation, subject to conflicting claims of ownership, in a disputed ownership fund pursuant to U. S. Treasury Regulation 1.468B-9(c)(2)(ii). As a result, the “CDC Corporation Chapter 11 Disputed Ownership Fund” was established, and those assets of CDC Corporation subject to claims were placed in the DOF.

2 The Trust is a “Grantor Trust” within the meaning of U.S. Treasury Regulations Section 1.671-4(a). For U. S. federal income tax purposes, a “Grantor Trust” reports its annual taxable income and expenses to its beneficiaries. In turn, the Trust beneficiaries are required to report these items of income and expense on their U.S. federal income tax returns.