Additional Sterling Quotation

News release

Guernsey, 31 August 2017

Additional Sterling Quotation

Princess Private Equity Holding Limited (the "Company" or "Princess") announces that it intends to introduce an additional market quote in Sterling (the "Sterling Quote") for its existing ordinary shares on the London Stock Exchange.

The Sterling Quote is intended to appear alongside the Company's existing Euro market quote (the "Euro Quote") and there will be no changes to the legal form or nature of the Company's shares nor to the reporting currency of the Company's financial statements (which will remain in Euros). For the avoidance of doubt, shares traded under either quote will have the same currency exposure, namely Euros.

The Board believes that the introduction of the Sterling Quote is likely to broaden the potential ownership of the Company's ordinary shares and in due course may therefore enhance their liquidity in the secondary market.

A further announcement will be made in due course.

Ends.

About Princess

Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests, inter alia, in private equity and private debt investments. Princess is advised in its investment activities by Partners Group, a global private markets investment management firm with over EUR 57 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield. Princess is traded on the London Stock Exchange (ticker symbol: PEY). Further information: www.princess-privateequity.net.

Contacts

Princess Private Equity Holding Limited:

[email protected]

www.princess-privateequity.net

Registered Number: 35241

Investor relations contact

George Crowe

Phone: +44 (0)20 7575 2771

E-mail: [email protected]

Media relations contact

Jenny Blinch

Phone: +41 41 784 65 26

E-mail: [email protected]

www.partnersgroup.com

Joint corporate brokers

Numis Securities

Nathan Brown / Hugh Jonathan

Phone: +44 20 7260 1000

J. P. Morgan Cazenove

William Simmonds

Phone: +44 20 7742 4000

This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Princess Private Equity Holdings. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about, and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of Princess' website nor the contents of any website accessible from hyperlinks on Princess' website (or any other website) is incorporated into, or forms part of, this announcement.