Transaction in Own Shares

Bear Stearns Private Equity Limited
22 August 2007

Bear Stearns Private Equity Limited - Transaction in Own Shares

22 August 2007

Bear Stearns Private Equity Limited (the 'Company') announces that on 22 August
2007 it has purchased for cancellation the following shares:

100,000 Equity Shares at a price of USD 1.39 per Share.

The Company had 285,673,356 Equity Shares in issue following this redemption.


Enquiries

HSBC Management (Guernsey) Limited
01481 759 000



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