Net Asset Value(s)

RNS Number : 1366A

J.P. Morgan Private Equity Ltd

02 October 2009

 



Company    J.P. Morgan Private Equity Limited 

Headline    Net Asset Value(s)    

J.P. Morgan Private Equity Limited 

HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU

2 October 2009

Regulatory News Service

London Stock Exchange

London

EC4M 7LS

Dear Sir,

J.P. MORGAN PRIVATE EQUITY LIMITED

Please find detailed below the estimated net asset value per share for J.P. Morgan Private Equity Limited ('JPEL') as at 18 September 2009:

• US$ Equity Share Class - $1.27

• Zero Dividend Preference Share Class due 2013 -  55.92p

• Zero Dividend Preference Share Class due 2015 -  51.87p

For shareholders' information, the estimated net asset value per share for US$ Equity Share at 18 September 2009 includes in the calculation the issue of 36.93 million shares on 16 July, 3.55 million shares on 17 July, 12.81 million shares on 31 July, 6.2 million shares on 7 August, 15.7 million shares on 12 August and 3.14 million shares on 28 August. In accordance with the authority granted by shareholders on 16 July 2009, these shares were issued at $1.00 per share, a discount to the prevailing net asset value. The Company's net asset value per US$ Equity Share reflects the dilutive effect of these additional shares.  

This is an estimated valuation of the net assets of the Company as at 18 September 2009. This valuation is for information purposes only and has not been verified by the Company or the Manager. This valuation includes the most recent information available from the Company's underlying private equity fund managers for their respective private equity portfolios. It is based on unaudited estimated valuations supplied by the administrators, managers or investment advisers of the Company's underlying investments. Whilst the Manager believes this information to be useful investor information, it is subject to material change and consequently no reliance should be placed as to its accuracy.

Neither the Company nor the Manager accept any liability whatsoever in regard to this information. The only official valuation of the Company's portfolio is the valuation produced as at the last business day of each month and reported via RNS when released.

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