Portfolio Update

Bear Stearns Private Equity Limited
02 October 2007



Company         Bear Stearns Private Equity Limited

Headline        Ten Largest Investments

Bear Stearns Private Equity Limited

HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU

2 October, 2007

Regulatory News Service

London Stock Exchange

London

EC4M 7LS

Dear Sir,



BEAR STEARNS PRIVATE EQUITY LIMITED

Please find detailed below the ten largest investments at 30 September 2007.


Investment                                                   % of net assets
BoS Mezzanine Partners Fund, L.P.*                                  9.04%
PEAF II, LLC**                                                      3.37%
Alto I/ Development Capital                                         2.99%
Esprit Capital I Fund                                               2.89%
Omega Fund III, G.P. Limited                                        2.72%
Argan Capital Fund                                                  2.09%
Clearwater Capital Partners Fund I, L.P.                            1.95%
OCM European Principal Opportunities Fund LP                        1.54%
SCAN Geophysical AS                                                 1.46%
Olympus Capital Asia III Offshore LP                                1.30%


*  Comprised of 8 underlying mezzanine private equity fund interest.

** Comprised of 12 underlying private equity fund interests.

END


                      This information is provided by RNS
            The company news service from the London Stock Exchange