Sale of Treasury Shares

Bear Stearns Private Equity Limited
11 April 2008

Bear Stearns Private Equity Limited

(the 'Company')

Sale of treasury shares

11 April 2008



The Company has today sold from treasury 5,780,346 redeemable participating
preference shares of 1 pence each designated as equity shares ('Equity Shares').
The Equity Shares were sold for cash at US$1.73 each and rank pari passu with
the existing Equity Shares in issue.



As a result of the sale, the Company now holds 1,397,764 Equity Shares and
274,822 redeemable non-participating preference shares designated as zero
dividend preference shares ('ZDP Shares') in treasury.



The total number of issued share capital and voting rights in the Company
(excluding treasury shares) is 283,900,592 Equity Shares and 59,196,837 ZDP
Shares. These figures may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FSA's
Disclosure and Transparency rules.






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