Portfolio Update

Electra Private Equity PLC
02 October 2006


Electra Private Equity PLC - Portfolio Update

2 October 2006


Electra Private Equity PLC ('Electra') announces that as at 30 September 2006,
its ten largest investments were:

RBS Floating Rate Notes
BNP Paribas Floating Rate Notes
Barclays Bank Floating Rate Notes
Abbey National Floating Rate Notes
HBOS Treasury Floating Rate Notes
Bank of Ireland Floating Rate Notes
Allflex Holdings II
Lloyds TSB Floating Rate Notes
Alliance & Leicester Floating Rate Notes
Nationwide Floating Rate Notes

Electra's financial year ended on 30 September 2006.  The net asset value per
share at that date will be announced when the Preliminary Results are issued and
will reflect the revaluation of the unlisted portfolio at 30 September 2006 and
on-market purchases for cancellation of Electra's shares during the year.

The list of investments shown above was calculated on the basis of the asset
valuation at 31 March 2006 adjusted to reflect completed purchases and sales of
investments, currency movements and bid values in respect of listed investments
and unlisted investments where these are valued by reference to quoted prices.

This list includes all investments with a value greater than 5% of Electra's
gross assets at 30 September 2006.

This announcement was made in accordance with the Listing Rule 15.4.10 (2) which
requires, inter alia, UK listed investment companies to notify to a Regulatory
Information Service, within two business days of the end of each quarter, a list
of all investments with a value greater than 5% of the company's gross assets
and at least the company's ten largest investments as at the last business day
of that quarter.



For further information, please contact
HALH Mumford
EP Private Equity Limited                                     [phone]



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