NAV up by 0.8% in February

News Release

Guernsey, 24 March 2015

Add-on direct investment in manufacturing company

è Princess Private Equity Holding Limited's ("Princess") net asset value ("NAV") up by 0.8% to EUR 8.87 per share

è Overall portfolio developments (+0.7%) and currency movements (+0.1%) were positive for the month

è Princess deployed EUR 0.7 million to new investments and received distributions of EUR 4.2 million 

In February, Princess made an add-on direct investment, providing EUR 0.5 million of mezzanine financing to a manufacturer of engineered structures for the power and wireless markets. The company will use the funds to support the acquisition of one of the largest providers of engineered, tubular steel structures used in electricity transmission and distribution. The acquisition is envisaged to increase revenues through cross-selling opportunities, as well as provide cost synergies by streamlining manufacturing operations. Princess first invested in the company in 2012. Following the add-on investment, Princess' total exposure amounts to EUR 1.5 million. The investment is confidential due to contractual obligations.

Distributions over the reporting period amounted to EUR 4.2 million and came predominately from Princess' mature legacy fund portfolio.

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 37 billion (over USD 40 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.