per ordinary share at 31 July 2010 incorporating unaudited Revenue Reserves to 30 June 2010 (exchange rate, £1=US$1.5661). For Limited Partnerships Revaluations see Our Portfolio.
Registered office
Beaufort House
51 New North Road
Exeter, EX4 4EP
Company Number
3912487 – England & Wales
19 November 2009, 07:01
Private Equity Inv: Update
<pre>
Private Equity Investor plc
Update
The Board of Private Equity Investor plc (the "Company") notes recent
statements in the annual report of a major shareholder, the Value Catalyst
Fund. The Value Catalyst Fund and the Company have a common director.
The Board confirms that it continues to seek to maximise the value for its
investment portfolio and reviews proposals as they arise from time to time. The
Company has received indicative non binding offers for its investment portfolio
but at levels which in aggregate would not realise cash equivalent to the
current market price of its listed shares. An announcement will be made at the
appropriate time if the Board determines to take any such proposals forward.
Enquiries:
Peter Dicks 0207 224 5354
Chairman, Private Equity Investor PLC
Angus Gordon Lennox / William Simmonds 0207 588 2828
J.P. Morgan Cazenove
END</pre>
