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NB Private Equity Partners Lim (NBPE)

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Thursday 14 October, 2010

NB Private Equity Partners Lim

NB Private Equity Partners Limited Notice of An...

14 October 2010

NB  Private  Equity  Partners  Limited  ("NBPE"  or "the Company"), a closed-end
private equity fund of funds investment company, plans on announcing a series of
strategic  actions  along  with  the  September  2010 net  asset value update on
Friday, 15 October 2010.

In  order to discuss these recent developments,  NBPE will also host an investor
conference  call at 3:30pm CEST / 2:30pm BST  / 9:30am EDT on Friday, 15 October
2010. The  investor call  can be  accessed by  dialing +1-866-919-8155 (U.S.) or
+1-706-634-9866 (International)  with the  access code  18473920. Please ask for
"the NBPE investor call."

An  investor presentation will be available prior  to the call on NBPE's website

For further information, please contact:

 NBPE Investor Relations   +1 214 647 9593

 Financial Dynamics        +44 20 7269 7114

 Nick Henderson

 Edward Berry

About NB Private Equity Partners Limited

NBPE  is a closed-end private equity fund of funds investment company with Class
A  ordinary shares admitted to trading  on Euronext Amsterdam and the Specialist
Fund  Market  of  the  London  Stock  Exchange.  NBPE has ZDP shares admitted to
trading on the Specialist Fund Market of the London Stock Exchange and the Daily
Official  List of the  Channel Islands Stock  Exchange. NBPE holds a diversified
portfolio  of private equity fund investments and direct co-investments selected
by  the NB  Alternatives group  of Neuberger  Berman, diversified across private
equity asset class, geography, industry, vintage year and sponsor.

This press release appears as a matter of record only and does not constitute an
offer to sell or a solicitation of an offer to purchase any security.

NBPE  is established as a closed-end  investment company domiciled in Guernsey.
NBPE  has  received  the  necessary  consent  of the Guernsey Financial Services
Commission  and the States of Guernsey  Policy Council.  NBPE is registered with
the  Dutch Authority for the Financial Markets as a collective investment scheme
which  may offer participations  in The Netherlands  pursuant to article 2:66 of
the  Financial  Markets  Supervision  Act  (Wet  op het financial toezicht). All
investments  are subject  to risk.  Past performance  is no  guarantee of future
returns.  The value of  investments may fluctuate.  Results achieved in the past
are  no guarantee of future results. This document is not intended to constitute
legal,  tax  or  accounting  advice  or  investment recommendations. Prospective
investors   are   advised  to  seek  expert  legal,  financial,  tax  and  other
professional  advice before making any investment decision. Statements contained
in   this   document  that  are  not  historical  facts  are  based  on  current
expectations,  estimates, projections, opinions and beliefs of NBPE's investment
manager.  Such  statements  involve  known  and unknown risks, uncertainties and
other  factors, and undue  reliance should not  be placed thereon. Additionally,
this document contains "forward-looking statements." Actual events or results or
the  actual performance  of NBPE  may differ  materially from those reflected or
contemplated in such targets or forward-looking statements.


NBPE Notice of Announcement Investor Conference Call:

This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
Source: NB Private Equity Partners Limited via Thomson Reuters ONE