Statement re HARBOURVEST GLOBAL PRIVATE EQUITY ...

30 September 2014

HARBOURVEST GLOBAL PRIVATE EQUITY LIMITED - REDEMPTION OF CLASS A SHARES

HarbourVest Global Private Equity Limited ("HVPE") today announces that, further to the powers granted to the Board at HVPE's extraordinary general meeting on 26 September 2013, approximately $20,000,000, representing 1.6082% of the Company's estimated net asset value as at 31 August 2014 (or 1.607% of HVPE's issued share capital), will be redeemed at close of business on 9 October 2014 (the "Redemption Date") by way of a compulsory partial redemption of HVPE's class A shares ("Class A Shares") (the "Compulsory Redemption").

Class A Shares will be redeemed as at the Redemption Date, by reference to the net asset value per Class A Share as at 31 August 2014 (being $15.3220 per Class A Share) less any direct costs associated with the Compulsory Redemption (the "Redemption Price"). Accordingly, such Redemption Price will be $15.3218 per Class A Share to be redeemed.

The Compulsory Redemption will be effected pro rata to holdings of Class A Shares on the register at the close of business on the Redemption Date (which is the record date for the purposes of the Compulsory Redemption), being 9 October 2014.

Payments will be effected on or around 15 October 2014 through CREST (in the case of Class A Shares held in uncertificated form) or paid by cheque (in the case of Class A Shares held in certificated form).

Fractions of Class A Shares will not be redeemed and so the number of Class A Shares to be redeemed for each Class A Shareholder will be rounded down to the nearest whole number of Class A Shares.

The Class A Shares will be disabled in CREST on the Redemption Date and the existing ISIN number GG00BDSTPW61 (the "Old ISIN") will expire. The new ISIN number GG00BR30MJ80 (the "New ISIN") in respect of the remaining Class A Shares which have not been redeemed will be enabled and be available for transactions from and including 9 October 2014. Up to and including the Redemption Date, Class A Shares will be traded under the Old ISIN and as such, a purchaser of such Class A Shares would have a market claim for a proportion of the redemption proceeds. CREST will automatically transform any open transactions as at the Redemption Date into the New ISIN. Class A shareholders holding their shares in certificated form will be issued with new share certificates on 10 October 2014. On 10 October 2014 their old share certificates will no longer be valid.

As at today's date, the Company has 81,166,782 Class A Shares in issue of which none are held in treasury. All of the Class A Shares redeemed on the Redemption Date will be cancelled.

Enquiries:

HarbourVest
Stuart Howard	Tel: [phone]		[e-mail]
Laura Thaxter	Tel: [phone]		[e-mail]
Fishburn
Grace Keeling / Ben Lyons	Tel: [phone]		[e-mail]

About HarbourVest Global Private Equity Limited:

HarbourVest Global Private Equity Limited ("HVPE") is a Guernsey-incorporated closed-end investment company which has a dual listing on both the London Stock Exchange and Euronext Amsterdam. HVPE is registered as an investment institution with the Netherlands Authority for the Financial Markets. HVPE is designed to offer shareholders long-term capital appreciation by investing in a private equity portfolio diversified by geography, by stage of investment, by vintage year, and by industry. It invests in and alongside HarbourVest-managed funds which focus on primary partnership commitments, secondary investments, and direct investments in operating companies. HVPE is advised by HarbourVest Advisers L.P., an affiliate of HarbourVest Partners, LLC.

About HarbourVest Partners, LLC:

HarbourVest is an independent global private equity investment firm and an SEC registered
investment advisor, providing vehicles for institutional investors to invest in the venture capital and buyout markets in the U.S., Europe, and elsewhere through primary partnerships, secondary purchases, and direct investments. The HarbourVest team began investing in 1982 and has committed more than $30 billion to investments over its more than 30-year history. Across its global investment platform, HarbourVest and its affiliates have more than 230 employees in Boston, London, Hong Kong, Tokyo, Bogotá, and Beijing.

This announcement is for information purposes only and does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in any jurisdiction and should not be relied upon in connection with any decision to subscribe for or acquire any Shares. In particular, this announcement does not constitute or form part of any offer to issue or sell, or the solicitation of an offer to acquire, purchase or subscribe for, any securities in the United States or to US Persons (as defined in Regulation S under the US Securities Act of 1933, as amended ("US Persons")). Neither this announcement nor any copy of it may be taken, released, published or distributed, directly or indirectly to US Persons or in or into the United States (including its territories and possessions), Canada, Australia or Japan, or any jurisdiction where such action would be unlawful. Accordingly, recipients represent that they are able to receive this announcement without contravention of any applicable legal or regulatory restrictions in the jurisdiction in which they reside or conduct business. No recipient may distribute, or make available, this announcement (directly or indirectly) to any other person. Recipients of this announcement should inform themselves about and observe any applicable legal
requirements in their jurisdictions.

The Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States and, accordingly, may not be offered, sold, resold, transferred, delivered or distributed, directly or indirectly, within the United States or to US Persons. In addition, the Company is not registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act") and shareholders of the Company will not have the protections of that act. There will be no public offer of the Shares in the United States or to US Persons.

This announcement has been prepared by the Company and its investment manager, HarbourVest Advisers L.P. (the "Investment Manager"). No liability whatsoever (whether in negligence or otherwise) arising directly or indirectly from the use of this announcement is accepted and no representation, warranty or undertaking, express or implied, is or will be made by the Company, the Investment Manager or any of their respective directors, officers, employees, advisers, representatives or other agents ("Agents") for any information or any of the opinions contained herein or for any errors, omissions or misstatements. None of the Investment Manager nor any of their respective Agents makes or has been authorised to make any representation or warranties (express or implied) in relation to the Company or as to the truth, accuracy or completeness of this announcement, or any other written or oral statement provided. In particular, no representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on any projections, targets, estimates or forecasts contained in this announcement and nothing in this announcement is or should be relied on as
a promise or representation as to the future.

Other than as required by applicable laws, the Company gives no undertaking to update this announcement or any additional information, or to correct any inaccuracies in it which may become apparent and the distribution of this announcement. The information contained in this announcement is given at the date of its publication and is subject to updating, revision and amendment. The contents of this announcement have not been approved by any competent regulatory or supervisory authority.

This announcement includes statements that are, or may be deemed to be, "forward looking statements". These forward looking statements can be identified by the use of forward looking terminology, including the terms "believes", "projects", "estimates", "anticipates", "expects", "intends", "plans", "goal", "target", "aim", "may", "will", "would", "could", "should" or "continue" or, in each case, their negative or other variations or comparable terminology. These forward looking statements include all matters that are not historical facts and include statements regarding the intentions, beliefs or current expectations of the Company. By their nature, forward looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future and may be beyond the Company's ability to control or predict. Forward looking statements are not guarantees of future performance. More detailed information on the potential factors which could affect the financial results of
the Company is contained in the Company's public filings and reports.

HVPE is registered with the Netherlands 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 financieel toezicht). All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results.
This announcement is issued by HVPE whose registered address is PO Box 156 Frances House Sir William Place St Peter Port Guernsey GY1 4EU.

© 2014 HarbourVest Global Private Equity Limited. All rights reserved.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: HarbourVest Global Private Equity Limited via Globenewswire

HUG#1859499