Result of AGM

Bear Stearns Private Equity Limited
20 December 2007



Bear Stearns Private Equity Limited

St Martin's House, Le Bordage,  St Peter Port, Guernsey, GY1 4AU



Bear Stearns Private Equity Limited (the 'Company') announces that at the Annual
General Meeting of the Company held on 20 December 2007, the following ordinary
resolution was passed:


'THAT the Company be authorised in accordance with the Companies (Purchase of
Own Shares) Ordinance, 1998 to make market purchases (within the meaning of
section 5 of the said Ordinance) of equity shares and zero dividend preference
shares ('Shares'), provided that the maximum number of Shares authorised to be
purchased is such number of Shares as equates to 19,032,579 equity shares and
3,967,422 zero dividend preference shares or if less such number as is equal to
14.99 per cent of the issued Shares as at the date of the passing of this
resolution.  The minimum price which may be paid for a Share is 1p and the
maximum price which may be paid for a Share is an amount equal to 105 per cent
of the average market values for a Share taken from the Official List of the UK
Listing Authority for the five business days immediately preceding the day on
which the Share is purchased.  Such authority expires at the conclusion of the
2008 general meeting of the Company.'

This authority will be exercised by the Company in order to address any
imbalance between the supply of and demand for Shares in the market.  Purchases
will only be made through the market for cash at prices below the prevailing net
asset value of a Share where the directors believe such purchases will result in
an increase in the net asset value of the remaining Shares and to assist in
narrowing any discount or premium to net asset value at which the Shares may
trade.

As the report and accounts are not yet available the resolution as to approval
of the annual report and accounts has been adjourned to a date to be notified.



20 December 2007



End.




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