Net Asset Value(s)

RNS Number : 0076X

J.P. Morgan Private Equity Ltd

29 November 2010

 

29 November 2010

Regulatory News Service

London Stock Exchange

London

EC4M 7LS

Dear Sir,

J.P. MORGAN PRIVATE EQUITY LIMITED

Please find detailed below the estimated net asset value per share for J.P. Morgan Private Equity Limited as at 29 October 2010:

Ordinary Share Class (Fully Diluted) - $1.29

Zero Dividend Preference Share Class due 2013 - 60.49p

Zero Dividend Preference Share Class due 2015 - 56.87p

As at 29 October 2010, the Ordinary Share Class net asset value does not differ on a basic or fully diluted basis. To date, Qualifying Bonus Issue Shareholders exercised 161,585 Warrants, representing Subscription Rights to subscribe for 161,585 US$ Equity Shares at a Subscription Price of US$1.35 per US$ Equity Share.

This is an estimated valuation of the net assets of the Company as at 29 October 2010. This valuation is for information purposes only and has not been verified by the Company or the Manager. This valuation includes the most recent information available from the Company's underlying private equity fund managers for their respective private equity portfolios. It is based on unaudited estimated valuations supplied by the administrators, managers or investment advisers of the Company's underlying investments. Whilst the Manager believes this information to be useful investor information, it is subject to material change and consequently no reliance should be placed as to its accuracy. 

Neither the Company nor the Manager accept any liability whatsoever in regard to this information. The only official valuation of the Company's portfolio is the valuation produced as at the last business day of each month and reported via RNS when released.

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