Director Declaration

News Release

23 March 2012

Notification of interests of Directors

Princess Private Equity Holding Limited (Princess) was advised on 23 March 2012 that on 22 March 2012 Brian Human, Chairman of the Board of Directors, Richard Battey, Chairman of the Audit Committee, and Fergus Dunlop, Director, all bought shares in the Company on the London Stock Exchange.

Brian Human bought 2'000 ordinary shares at a share price of EUR 6.57 representing 0.0029% of the Company's issued share capital. Following this purchase, Brian Human had a total interest of 2'000 shares in the Company representing 0.0029% of Princess' issued share capital.

Richard Battey bought 4'000 ordinary shares at a share price of EUR 6.57 representing 0.0057% of the Company's issued share capital. Following this purchase, Richard Battey had a total interest of 4'000 shares in the Company representing 0.0057% of Princess' issued share capital.

Fergus Dunlop bought 4'000 ordinary shares at a share price of EUR 6.57 representing 0.0057% of the Company's issued share capital. Following this purchase, Fergus Dunlop had a total interest of 4'000 shares in the Company representing 0.0057% of Princess' issued share capital.

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 AG, a global private markets investment management firm with EUR 25 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 Frankfurt Stock Exchange (ticker symbol: PEY1) and 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

Jan-Frederik Modell

Phone: +44 (0)20 7575 2753

E-mail: [email protected]

Media relations contact

Partners Group AG

Dr. Anna Hollmann

Phone: +41 41 784 63 72

E-mail: [email protected]

www.partnersgroup.com

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 Holding Limited. 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.