NAV increased by 0.5% in August

News Release

Guernsey, 22 September 2014

+0.5% in August - New direct investment closed after month end 

è Princess Private Equity Holding Limited's ("Princess") net asset value ("NAV") increased by 0.5% to EUR 8.29 per share

è Positive portfolio developments (+0.4%) and currency movements (+0.3%) during the month

è Princess received distributions from its legacy fund portfolio of EUR 5.1 million, total distributions amounted to EUR 5.3 million

In August, Princess' distributions came predominately from its legacy fund portfolio.

After month end, Partners Group and its investment partners acquired Voyage Care in a GBP 375 million transaction. Princess' exposure amounts to GBP 4.9 million. Voyage Care, headquartered in Lichfield, UK is one of the UK's leading providers of specialist residential services and supported living for people with learning disabilities, associated physical disabilities, autistic spectrum disorders, acquired brain injuries or other complex needs. The vast majority of people supported by Voyage Care typically require high levels of support throughout their lives. The business supplies its services to more than 3'000 people across the UK through a capacity of over 2'500 places across approximately 400 registered and supported living services. The company, which has approximately 8'500 employees, also operates 14 day centres nationwide.

Further information is available in the monthly report which can be accessed via:

http://www.princess-privateequity.net/financialreports.

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 over EUR 30 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 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

George Crowe

Phone: +44 (0)20 7575 2771

E-mail: [email protected]

Media relations contact

Partners Group AG

Jenny Blinch

Phone: +41 41 784 65 26

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. 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.