Board Appointment

Electra Private Equity PLC

18 October 2010

Board Appointment

Electra Private Equity PLC is pleased to announce the appointment of Kate Barker as a Non-Executive Director, effective from 1 November 2010.

Kate was, until May this year, a member of the Monetary Policy Committee of the Bank of England, on which she served for 3 terms.

Kate is currently a senior adviser to Credit Suisse, Chairman of Anglia Ruskin University, a non executive director of the Homes and Communities Agency and a member of the council of management of the National Institute of Economic and Social Research. She has held a range of other senior positions, including chief economic adviser to the Confederation of British Industry from 1994 to 2001.

Colette Bowe, Chairman of Electra Private Equity PLC, said:

"I am delighted to welcome Kate Barker to the board of Electra. She brings with her a wealth of economic and political experience."

Kate Barker said:

''I look forward very much to working as a member of the Electra Board and am delighted to have been invited to join such a strong team with such an outstanding track record.'

No further information requires to be disclosed pursuant to paragraph 9.6.13 R of the Listing Rules.

Ends

For further information contact:

Nick Miles, M:Communications 020 7920 2330