Change of Name

JPEL Private Equity LimitedCarinthia House

9-12 The Grange

St Peter Port

Guernsey GY1 4BF

www.jpelonline.com

Notice to Shareholders - Change OF NAME

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GUERNSEY, 11 MARCH 2016

JPEL Private Equity Limited ("JPEL" or the "Company") is pleased to announce that following completion of the Fortress Transaction on 11 March 2016, the Company's name has changed from J.P. Morgan Private Equity Limited to JPEL Private Equity Limited and that such change has been made effective by the Guernsey Registry as of 11 March 2016.

The Company's tickers will remain "JPEL" and "JPSZ" for Equity shares and 2017 ZDP shares, respectively. The Company's website address has also remained www.jpelonline.com, and www.jpelonline.co.uk.

For further information please contact:

JPEL Private Equity Limited

Greg Getschow

+1 212 479 1521

[email protected]

Rosemary DeRise / Samantha Ladd Sughrue

+1 212 497 2908 / +1 212 497 2983

[email protected] / [email protected]

About JPEL Private Equity Limited

JPEL Private Equity Limited ("JPEL" or the "Company") is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL, JPSZ). The Company's capital structure consists of two classes of shares: US$ Equity Shares and one class of Zero Dividend Preference Shares due 2017.