Director Declaration

ELECTRA PRIVATE EQUITY PLC ('the Company')

21 March 2019

Director Declaration

Electra Private Equity PLC announces that Neil Johnson, Chairman and Director of the Company, has been appointed as a Non-executive Director of QinetiQ Group plc ("QinetiQ"), with effect from 2 April 2019. Following the conclusion of the QinetiQ Annual General Meeting on 24 July 2019, Mr Johnson will assume the role as Chairman. On appointment, he will become a member of QinetiQ's Audit, Remuneration, Nominations, Risk & CSR, and Security Committees.

This disclosure is made pursuant to LR 9.6.14(2).

- ENDS -

For further information, please call:

Eleanor Cranmer

Frostrow Capital LLP

Company Secretary

Telephone: 020 3008 4613