Statement re Notification of Put Rights Press R...

31 August 2010

        HARBOURVEST GLOBAL PRIVATE EQUITY ANNOUNCES AVAILABLE PUT RIGHTS


HarbourVest   Global  Private  Equity  Limited  ("HVPE"  or  the  "Company"),  a
closed-end  investment company, today announces  that as at 27 August 2010 there
were  823,875 Put Rights  remaining to  be issued  under HVPE's Market Put Right
Offer.  To date,  6,132,646 Put Rights  have been  issued to eligible investors,
including  Put Rights issued in connection  with the Company's Secondary Placing
of existing shares in May 2010.

As part of its previously announced Liquidity Plan, HVPE is providing Put Rights
to eligible investors acquiring shares in the Company. In order to enhance value
for  shareholders  and  encourage  ongoing  trading  in  its shares, the Company
intends  to offer Put Rights  up to a total  potential repurchase level of US$40
million or 6,956,521 Put Rights.

The  Put Rights  entitle investors  to sell  shares back  to the  Company on 15
November  2011 at the lower of $5.75 or  the estimated Economic NAV per share on
31 October 2011.

More  information  on  the  Market  Put  Right  Offer,  including  the terms and
conditions  of the  Put Rights,  and HVPE's  Liquidity Plan  is available on the
Company's website,

http://www.hvgpe.com.


Enquiries:

 HVPE
 Amanda McCrystal             Tel: [phone]


 HarbourVest

 Laura Thaxter                Tel: [phone]



 Fishburn Hedges

 Michelle James/Dan Bradley   Tel: [phone]
                              [e-mail]


Notes to Editors:

About HarbourVest Global Private Equity Limited:
HarbourVest  Global Private  Equity Limited  ("HVPE") is a Guernsey-incorporated
closed-end  investment company which has a dual listing on both the London Stock
Exchange   and   Euronext  Amsterdam.   HVPE  is  registered  as  an  investment
institution  with the Netherlands Authority for  the Financial Markets.  HVPE is
designed  to offer shareholders long-term capital appreciation by investing in a
private  equity portfolio diversified  by geography, by  stage of investment, by
vintage  year, and by industry.  It invests in and alongside HarbourVest-managed
funds which focus on primary partnership commitments, secondary investments, and
direct  investments  in  operating  companies.   HVPE  is advised by HarbourVest
Advisers  L.P., an affiliate of HarbourVest  Partners, LLC.  To learn more about
HVPE, please visitwww.hvgpe.com.

About HarbourVest Partners, LLC:
HarbourVest  is  an  independent  global  private  equity investment firm and an
SEC-registered   investment   advisor,   providing  vehicles  for  institutional
investors  to invest  in the  venture capital  and buyout  markets in  the U.S.,
Europe,  and elsewhere  through primary  partnerships, secondary  purchases, and
direct  investments.  It was  formed in 1982 and  has invested more than U.S.$30
billion  over its 28-year history.  It currently has 236 employees in its Boston
office and London, Hong Kong, and Tokyo subsidiaries.www.harbourvest.com.

This  announcement is for  information purposes only  and does not constitute or
form  part of any  offer to issue  or sell, or  the solicitation of  an offer to
acquire,  purchase  or  subscribe  for,  any  securities in any jurisdiction and
should  not be relied upon  in connection with any  decision to subscribe for or
acquire  any Shares  or Put  Rights.  In  particular, this announcement does not
constitute or form part of any offer to issue or sell, or the solicitation of an
offer to acquire, purchase or subscribe for, any securities in the United States
or  to US  Persons (as  defined in  Regulation S  under the US Securities Act of
1933, as  amended ("US Persons")).  Neither this announcement nor any copy of it
may  be taken, released, published or  distributed, directly or indirectly to US
Persons  or  in  or  into  the  United  States  (including  its  territories and
possessions),  Canada, Australia or Japan, or any jurisdiction where such action
would  be  unlawful.  Accordingly,  recipients  represent  that they are able to
receive  this  announcement  without  contravention  of  any applicable legal or
regulatory  restrictions in  the jurisdiction  in which  they reside  or conduct
business.  No  recipient  may  distribute,  or make available, this announcement
(directly  or indirectly) to  any other person.  Recipients of this announcement
should  inform themselves about and observe any applicable legal requirements in
their jurisdictions.

Neither the Shares nor the Put Rights  have been or will be registered under the
US  Securities  Act  of  1933, as  amended  (the  "Securities  Act") or with any
securities regulatory authority of any state or other jurisdiction of the United
States  and,  accordingly,  may  not  be  offered,  sold,  resold,  transferred,
delivered or distributed, directly or indirectly, within the United States or to
US  Persons.  In addition, the Company is not registered under the US Investment
Company  Act of 1940, as amended (the "Investment Company Act") and shareholders
of  the Company  will not  have the  protections of  that act.  There will be no
public offer of the Shares or Put Rights in the United States or to US Persons.

This  announcement has been prepared by  the Company and its investment manager,
HarbourVest  Advisers L.P.  (the "Investment  Manager"). No liability whatsoever
(whether in negligence or otherwise) arising directly or indirectly from the use
of this announcement is accepted and no representation, warranty or undertaking,
express or implied, is or will be made by the Company, the Investment Manager or
any    of   their   respective   directors,   officers,   employees,   advisers,
representatives  or other  agents ("Agents")  for any  information or any of the
opinions contained herein or for any errors, omissions or misstatements. None of
the  Investment Manager  nor any  of their  respective Agents  makes or has been
authorised  to make  any representation  or warranties  (express or  implied) in
relation  to the Company  or as to  the truth, accuracy  or completeness of this
announcement, or any other written or oral statement provided. In particular, no
representation  or warranty is given as to the achievement or reasonableness of,
and  no  reliance  should  be  placed  on any projections, targets, estimates or
forecasts  contained in this announcement and nothing in this announcement is or
should be relied on as a promise or representation as to the future.

Other  than as required by applicable laws,  the Company gives no undertaking to
update  this  announcement  or  any  additional  information,  or to correct any
inaccuracies  in  it  which  may  become  apparent  and the distribution of this
announcement.  The information  contained in  this announcement  is given at the
date  of its publication and is subject to updating, revision and amendment. The
contents of this announcement have not been approved by any competent regulatory
or supervisory authority.

This announcement includes statements that are, or may be deemed to be, "forward
looking  statements".  These forward looking statements can be identified by the
use  of forward looking terminology, including the terms "believes", "projects",
"estimates",  "anticipates",  "expects",  "intends",  "plans", "goal", "target",
"aim", "may", "will", "would", "could", "should" or "continue" or, in each case,
their  negative  or  other  variations  or comparable terminology. These forward
looking statements include all matters that are not historical facts and include
statements  regarding  the  intentions,  beliefs  or current expectations of the
Company.   By  their  nature,  forward  looking  statements  involve  risks  and
uncertainties because they relate to events and depend on circumstances that may
or  may not  occur in  the future  and may  be beyond  the Company's  ability to
control  or predict.  Forward looking  statements are  not guarantees  of future
performance.    More detailed  information on the  potential factors which could
affect the financial results of the Company is contained in the Company's public
filings and reports.

HarbourVest  Global Private  Equity Limited  is registered  with the Netherlands
Authority  for the Financial Markets as a collective investment scheme which may
offer  participations  in  The  Netherlands  pursuant  to  article  2:66 of  the
Financial   Markets  Supervision  Act  (Wet  op  het  financieel  toezicht). All
investments  are subject  to risk.  Past performance  is no  guarantee of future
returns.  Prospective investors are advised to seek expert legal, financial, tax
and  other professional advice before making  any investment decision. The value
of  investments may fluctuate. Results achieved in  the past are no guarantee of
future results.

This  announcement  is  issued  by  the  Company,  which  is registered with the
Netherlands  Authority for the Financial Markets and whose registered address is
at Anson Place, Mill Court, La Charroterie, St Peter Port, Guernsey GY1 1EJ.

© 2010 HarbourVest Global Private Equity Limited. All rights reserved.



[HUG#1441508]








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: HarbourVest Global Private Equity Limited via Thomson Reuters ONE