Issue of Equity

Bear Stearns Private Equity Limited
02 February 2007

Bear Stearns Private Equity Limited
HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU


2 February 2007

Regulatory News Service
London Stock Exchange
London
EC4M 7LS


Dear Sirs

BEAR STEARNS PRIVATE EQUITY LIMITED  (the 'Company') - PROPOSED FUNDRAISING

On 11 January 2007, the Company announced it had adjourned the Extraordinary
General Meetings in respect of the proposed capital restructuring.


The Board announces that it is considering raising additional ordinary share
capital to finance new investment opportunities. Further details will be
available in due course.


Enquiries

HSBC Management (Guernsey) Ltd
+ 44 (0) 1481 710 901





END


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