Result of AGM

Electra Private Equity PLC                           

                       Results of Annual General Meeting                       

3 February 2010

Electra Private Equity PLC announces that all eleven resolutions proposed at
the Company's Annual General Meeting held on 2 February 2010 were duly passed
on a show of hands.

Details of the proxy votes in respect of the resolutions passed at the Annual
General Meeting received up to 48 hours before the time of the Meeting at
Equiniti Registrars are set out below:

1. Proxy Votes appointing the Chairman of the Meeting

                    For     Discretionary   Against    Withheld1              
                                                                              
Resolution No.    No. of    No. of Votes    No. of    No. of Votes Total Vote 
                   Votes                     Votes                            
                                                                              
1. To receive   18,972,350     62,377         481        20,787    19,055,995 
and adopt the                                                                 
Report &                                                                      
Accounts.                                                                     
                                                                              
2. To approve   18,961,236     61,762       36,744       6,972     19,066,714 
the Directors'                                                                
Remuneration                                                                  
Report.                                                                       
                                                                              
3. To re-elect  18,716,808     62,884       232,775      45,969    19,058,436 
Mr RA Armstrong                                                               
as a Director.                                                                
                                                                              
4. To elect Mr  18,977,092     63,913        8,100       9,270     19,058,375 
RK Perkin as a                                                                
Director.                                                                     
                                                                              
5. To re-elect  18,773,571     63,894       95,271      125,559    19,058,295 
Mr MED' A                                                                     
Walton as a                                                                   
Director.                                                                     
                                                                              
6. To re-elect  18,653,214     63,906       233,768     107,407    19,058,295 
Mr JP Williams                                                                
as a Director.                                                                
                                                                              
7. To re-elect  17,151,265     63,894       175,409    1,667,727   19,058,295 
Sir Brian                                                                     
Williamson as a                                                               
Director.                                                                     
                                                                              
8. To           18,989,418     62,985        3,582       1,909     19,057,894 
re-appoint the                                                                
Auditors                                                                      
                                                                              
9. To authorise 18,990,596     62,283        3,191       1,824     19,057,894 
the Directors                                                                 
to fix the                                                                    
remuneration of                                                               
the Auditors                                                                  
                                                                              
10. Adoption of 18,806,588     69,252        4,378      177,675    19,057,893 
new Articles of                                                               
Association                                                                   
                                                                              
11. To          18,921,114     66,037       21,252       49,491    19,057,894 
authorise the                                                                 
Company to                                                                    
purchase its                                                                  
own shares.                                                                   
                                                                              
                                                                              

2. Proxy Votes appointing Persons other than the Chairman of the Meeting

                    For     Discretionary   Against    Withheld1              
                                                                              
Resolution No.    No. of    No. of Votes    No. of    No. of Votes Total Vote 
                   Votes                     Votes                            
                                                                              
 1. To receive       0         397,531         0           0         397,531  
 and adopt the                                                                
   Report &                                                                   
   Accounts.                                                                  
                                                                              
 2. To approve       0         397,531         0           0         397,531  
the Directors'                                                                
 Remuneration                                                                 
    Report.                                                                   
                                                                              
3. To re-elect       0         397,531         0           0         397,531  
Mr RA Armstrong                                                               
as a Director.                                                                
                                                                              
4. To elect Mr       0         397,531         0           0         397,531  
RK Perkin as a                                                                
   Director.                                                                  
                                                                              
5. To re-elect       0         397,531         0           0         397,531  
   Mr MED' A                                                                  
  Walton as a                                                                 
   Director.                                                                  
                                                                              
6. To re-elect       0         397,531         0           0         397,531  
Mr JP Williams                                                                
as a Director.                                                                
                                                                              
7. To re-elect       0         397,531         0           0         397,531  
   Sir Brian                                                                  
Williamson as a                                                               
   Director.                                                                  
                                                                              
     8. To           0         397,531         0           0         397,531  
re-appoint the                                                                
   Auditors                                                                   
                                                                              
9. To authorise      0         397,531         0           0         397,531  
 the Directors                                                                
  to fix the                                                                  
remuneration of                                                               
 the Auditors                                                                 
                                                                              
10. Adoption of      0         397,531         0           0         397,531  
new Articles of                                                               
  Association                                                                 
                                                                              
    11. To           0         397,531         0           0         397,531  
 authorise the                                                                
  Company to                                                                  
 purchase its                                                                 
  own shares.                                                                 

1    A vote withheld is not counted towards the votes "For" or "Against" a
resolution.

Julian Rhys

Frostrow Capital LLP

Company Secretary to Electra Private Equity plc

0203 008 4613