Result of AGM

Electra Private Equity PLC                           

            Results of Annual General Meeting/Change of Directorate            

23 February 2012

Electra Private Equity PLC announces that all eight resolutions proposed at the
Company's Annual General Meeting held on 23 February 2012 were duly passed on a
poll including the special resolution set out in the notice of meeting
authorising the Company to make market purchases of its ordinary shares.

Mr Geoffrey Cullinan, who was appointed as a Director on 1 January 2011, which
was after the notice of the 2011 AGM had been sent to shareholders was duly
elected to the Board.

The results of the poll were as follows:

Result of poll

Resolution No.         Votes For  %     Votes   %    Votes      % of  Votes    
                                        Against      total      ISC   Withheld1
                                                                voted          
                                                                               
1. To receive the      17,881,473 99.91  16,104 0.09 17,897,577   100   430,109
Report & Accounts.                                                             
                                                                               
2. To approve the      17,344,322 99.69  55,084 0.31 17,399,406   100   928,280
Directors'                                                                     
Remuneration Report.                                                           
                                                                               
3. To elect Mr G       18,312,794 99.93  11,865 0.06 18,324,659   100     3,027
Cullinan as a                                                                  
Director.                                                                      
                                                                               
4. To re-elect Mr RK   18,314,025 99.94  11,553 0.06 18,325,578   100     2,108
Perkin as a Director.                                                          
                                                                               
5. To re-elect Mr MED' 18,121,535 98.89 204,252 1.11 18,325,787   100     1,899
A Walton as a                                                                  
Director.                                                                      
                                                                               
6. To re-appoint the   18,326,299 99.99     575 0.01 18,326,874   100       812
Auditors                                                                       
                                                                               
7. To authorise the    18,325,316 99.98   2,370 0.02 18,327,686   100         0
Directors to fix the                                                           
remuneration of the                                                            
Auditors                                                                       
                                                                               
8. To authorise the    18,245,603 99.58  76,865 0.42 18,322,468   100     4,803
Company to purchase                                                            
its own shares.                                                                
                                                                               
                                                                               

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

Eleanor Cranmer

Frostrow Capital LLP

Company Secretary to Electra Private Equity plc

020 3008 4613