Director Declaration

Standard Life Private Equity Trust PLC (the "Company")

Director's other publicly quoted directorships

As required by Listing Rule 9.6.14, the Company advises the following change to the information disclosed in respect of Diane Seymour-Williams, a non-executive director of the Company:

Directorships held in publicly quoted companies pursuant to Listing Rule 9.6.13(1)

Current Directorships:

As announced on 12 September 2017 by Neptune-Calculus Income and Growth VCT plc and by Calculus VCT plc, following the merger of Neptune-Calculus Income and Growth VCT plc with Calculus VCT plc, Diane Seymour-Williams has resigned as a non-executive Director of Neptune-Calculus Income and Growth VCT plc and has been appointed as a non-executive Director of Calculus VCT plc with effect from 12 September 2017.