NAV increased by +1.9% in June

News Release

Guernsey, 31 July 2014

+1.9% in June - Direct investments drive NAV growth

è Princess Private Equity Holding Limited's ("Princess") net asset value ("NAV") increased by 1.9% to EUR 8.20 per share

è Overall portfolio developments have been positive (+2.2%) with currency movements only having a slightly negative impact

è Princess reached an allocation of 50% direct investments, received EUR 7.9 million in distributions and deployed EUR 0.9 million to new and existing investments

Princess' favourable NAV development in June was mainly driven by its direct investments, for example Trimco International and Universal Services of America (USA).

Trimco International is a leading Asia-headquartered supplier of a full range of garment labels, tags and trimming products to blue chip global apparel companies. The strong performance was due to increased product sales to major clients and cost control initiatives implemented during the past year. Furthermore, a new enterprise resource planning platform was successfully rolled out in the company's Hong Kong-based facilities, and will be implemented across other regions throughout the rest of the year which is expected to result in further efficiencies.

USA is a provider of diversified security services to building management companies across the US. The company was written up as revenue and adjusted EBITDA increased, driven by acquisitions completed earlier in the year as well as organic growth in its core guard service provision business.

Distributions over the reporting period came predominately from Princess' legacy third party fund portfolio.

Princess will hold an investor conference call today on 31 July 2014, at 10:30 am BST to update interested parties on the recent developments of the Princess portfolio. The information announced will refer to unaudited figures as of 30 June 2014. 

The results presentation will be available shortly before the call at http://www.princess-privateequity.net/en/investor_relations/web_cast_live-events.php?ml.

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 31 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

Alexander von Wolffradt

Phone: +41 41 784 66 45

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.