Statement re Notification of Put Rights

23 August 2010

        HARBOURVEST GLOBAL PRIVATE EQUITY ANNOUNCES AVAILABLE PUT RIGHTS


HarbourVest Global Private Equity Limited ("HVPE" or the "Company"), a
closed-end investment company, announces that from today it intends to provide
weekly or, if necessary, more frequent updates on the number of Put Rights
remaining to be issued  under the Company's previously announced Market Put
Right Offer.  This is owing to the recent increase in trading activity in the
Company's shares and associated take-up of the Put Rights.

As at 20 August 2010 there were 926,375 Put Rights remaining to be issued under
HVPE's Market Put Right Offer.  To date, 6,030,146 Put Rights have been issued
to eligible investors, including Put Rights issued in connection with the
Company's Secondary Placing of existing shares in May 2010.
As part of its Liquidity Plan, HVPE is providing Put Rights to eligible
investors acquiring shares in the Company. In order to enhance value for
shareholders and encourage ongoing trading in its shares, the Company intends to
offer Put Rights up to a total potential repurchase level of US$40 million or
6,956,521 Put Rights.

The Put Rights entitle investors to sell shares back to the Company on 15
November 2011 at the lower of $5.75 or the estimated Economic NAV per share on
31 October 2011.

More information on the Market Put Right Offer and HVPE's Liquidity Plan is
available on the Company's website,

http://www.hvgpe.com.

Enquiries:

 HVPE
 Amanda McCrystal             Tel: [phone]


 HarbourVest

 Laura Thaxter                Tel: [phone]



 Fishburn Hedges

 Michelle James/Dan Bradley   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.  To learn more about
HVPE, please visitwww.hvgpe.com.

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.  It was formed in 1982 and has invested more than U.S.$30
billion over its 28-year history.  It currently has 236 employees in its Boston
office and London, Hong Kong, and Tokyo subsidiaries.www.harbourvest.com.

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.

HarbourVest Global Private Equity Limited 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 the Company, which is registered with the
Netherlands Authority for the Financial Markets and whose registered address is
at Anson Place, Mill Court, La Charroterie, St Peter Port, Guernsey GY1 1EJ.

© 2010 HarbourVest Global Private Equity Limited. All rights reserved.



[HUG#1439437]








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
All reproduction for further distribution is prohibited.
    
Source: HarbourVest Global Private Equity Limited via Thomson Reuters ONE