Director Declaration

Electra Private Equity PLC                           

Electra Private Equity PLC (the "Company") announces that Roger Perkin, a
non-executive director of the Company, will join the board of Resolution
Limited as a Non-Executive Director and member of the Audit Committee following
the Annual General Meeting of Resolution Limited on 16 May 2013, subject to FCA
and PRA approval.

2 May 2013

                                     Ends                                      

For further information, please call:

Eleanor Cranmer
Frostrow Capital LLP
Company Secretary
Telephone: [phone]