Acquisition

Electra Private Equity PLC
20 December 2006


Electra Partners LLP

20 December 2006

Electra Partners LLP acquires Lil-lets

Electra Partners LLP ('Electra Partners') the private equity specialist, is
pleased to announce it has invested £27 million in the management buyout of
Lil-lets from Accantia Group on behalf of its client Electra Private Equity PLC
('Electra'). Electra has invested alongside the management team led by Duccio
Baldi.

Lil-lets is a branded feminine hygiene consumer products business; a market
leader in both the UK and South Africa. This transaction will allow management
to focus solely on the Lil-lets brand with a view to developing its market
position and customer base.

Lil-lets provides Electra with an opportunity to invest in a business with
strong long term prospects with an established brand in a mature market. This
investment will complement Electra's existing portfolio.

Rhian Davies at Electra Partners commented 'This deal reflects our commitment to
the new long term investment strategy at Electra. We believe in the management
team and look forward to working alongside them in the future.'

Barclays and Bank of Scotland provided the acquisition finance.


For further information please contact


Janette Baggs, Electra Partners 020 7214 4200
Nick Miles, M: Communications 020 7153 1535


Notes to Editors

Electra Partners LLP

Electra Partners is an independent private equity fund manager. As at 30
September 2006, it had funds under management of £900 million. Electra Partners
has been investing and managing the assets of its clients for over 15 years.
During this time, Electra Partners has invested over £3 billion in private
equity investments, accumulating considerable expertise whilst building a strong
track record.


Electra Private Equity PLC

Electra has specialised in private equity for 30 years achieving investment
returns substantially in excess of the FTSE All-Share Index and returning a
total of £1.2 billion to shareholders through tender offers and on-market share
buybacks since 1999. Recently Electra has completed a major business review and
received shareholders' approval for a new investment strategy which returns
Electra to full investment of its capital resources in private equity. Electra,
with its differentiated investment approach, has a strong market position and
provides shareholders with a direct and liquid access to private equity.











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