Appointment of Senior Independent Director

Electra Private Equity PLC                           

                                ("the Company")                                

31 March 2011

                               Board Appointment                               

The board of Electra Private Equity PLC is pleased to announce that Lucinda
Webber has been appointed as Senior Independent Director of the Company and
Chairman of the Remuneration and Nomination Committee with immediate effect.

Lucinda Webber has been a Director of the Company since 2007.

                                     Ends                                      

Contact information:

Eleanor Cranmer - 020 3008 4613

Frostrow Capital LLP

Company Secretary to Electra Private Equity PLC