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4th Floor, 23 Bentinck Street, London W1U 2EZ - Tel +44 (0)20 7563 1630 - Fax +44 (0)20 7486 4534
Net Asset Value 215.96/348.93¢
per ordinary share at 31 October 2008 incorporating unaudited Revenue Reserves to 30 September 2008 and current period deficit (exchange rate, £1=US$1.61575).
For Limited Partnerships Revaluations see Our Portfolio.
Registered office
Beaufort House
51 New North Road
Exeter, EX4 4EP
Company Number
3912487 – England & Wales

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Opening the doors to world class opportunity at the venture stage
Linking IT investment in the UK and USA

31 AUGUST 2006

Baidu.com Inc

Private Equity Investor is pleased to report that it has received a distribution of 146,301 shares in Baidu.com Inc from its investment in Draper Fisher Jurvetson ePlanet Ventures LP. These shares were subsequently sold by the Company at a small premium to their distribution price of $76.70 per share raising $11.3 million.

The premium to the current carrying value in the Company’s portfolio of these shares adds approximately US 8.76 cents per share to Private Equity Investor’s Net Asset Value. Following this sale, Private Equity Investor will have disposed of approximately 90% of the Baidu shares that it anticipates it will receive from Draper Fisher Jurvetson ePlanet Ventures LP.

Private Equity Investor Plc
Tel: 020 7930 5600

Notes to editors
The Company seeks to achieve substantial capital appreciation by investing in emerging growth companies through specialised US venture capital funds focused on the information technology, biotechnology and healthcare sectors.

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