Results of AGM/Change of directorate

Electra Private Equity PLC                           

            Results of Annual General Meeting/Change of Directorate            

24 February 2011

Electra Private Equity PLC announces that all nine resolutions proposed at the
Company's Annual General Meeting held on 24 February 2011 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.

Ms Kate Barker, who was appointed as a Director on 1 November 2010, was duly
elected to the Board. Mr Geoffrey Cullinan was appointed as a director on 1
January 2011, which was after the notice of the 2011 AGM had been sent to
shareholders. In accordance with the Company's Articles, his appointment will
be put to shareholders for approval at the 2012 AGM.

Mr R A Armstrong and Mr J P Williams retired as Directors at the conclusion of
the Annual General Meeting.

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     17,546,616 100.00     448 0.00 17,547,064 49.65     2,017
Report & Accounts.                                                             
                                                                               
2. To approve the     17,506,325  99.87  22,402 0.13 17,528,727 49.60    20,354
Directors'                                                                     
Remuneration Report.                                                           
                                                                               
3. To elect Ms K      17,534,117  99.98   2,699 0.02 17,536,816 49.62    12,265
Barker as a Director.                                                          
                                                                               
4. To re-elect Dr C   17,535,279  99.98   2,795 0.02 17,538,074 49.63    11,007
Bowe as a Director.                                                            
                                                                               
5. To re-elect        17,369,321  99.05 167,358 0.95 17,536,679 49.62    12,402
Mr MED' A Walton as a                                                          
Director.                                                                      
                                                                               
6. To re-elect Ms L   17,534,656  99.98   3,152 0.02 17,537,808 49.63    11,273
Webber as a Director.                                                          
                                                                               
7. To re-appoint the  17,539,998  99.99   1,172 0.01 17,541,170 49.64     7,911
Auditors                                                                       
                                                                               
8. To authorise the   17,545,478 100.00     779 0.00 17,546,257 49.65     2,824
Directors to fix the                                                           
remuneration of the                                                            
Auditors                                                                       
                                                                               
9. To authorise the   17,481,953  99.66  59,995 0.34 17,541,948 49.64     7,133
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