Posting of Half-Yearly Report

ABERDEEN PRIVATE EQUITY FUND LIMITED

1 December 2011

Posting of Half-Yearly Report

Aberdeen Private Equity Fund Limited (the "Company") announces that its Half-Yearly Report to 30 September 2011 has been posted to shareholders. It has also been submitted to the National Storage Mechanism ("NSM") and will shortly be available for inspection on www.Hemscott.com/nsm.do *.

The Half-Yearly Report is also now available to view on, and download from, the Company's website at www.aberdeenprivateequity.co.uk *.

*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.

Enquiries:

Company Secretary and Administrator

Ipes (Guernsey) Limited

John Ellman-Brown

01481 713843