Director Declaration

Electra Private Equity PLC                           

Electra Private Equity PLC (the "Company") announces that Roger Yates, a
non-executive director of the Company, will join the board of St. James' Place
plc as a Non-Executive Director with effect from 1 January 2014, subject to
regulatory approval.

14 November 2013

                                     Ends                                      

For further information, please call:

Eleanor Cranmer
Frostrow Capital LLP
Company Secretary
Telephone: [phone]