Princess' NAV increased by 1.5% in August

News Release

Guernsey, 23 September 2013

Princess reports August NAV - Positive exit activity

è Princess' net asset value (NAV) increases by 1.5% to EUR 8.34 per share

è Growth due to positive valuation adjustments (+1.4%) and favorable currency movements (+0.1%)

è Positive net cash flow of EUR 6.5 million during the month

During the month, Princess' liquidity position benefited from positive net cash flows, as distributions (EUR 7.4 million) from the Company's mature portfolio exceeded new investments (EUR 0.9 million). Among others, Princess received a notable distribution from the exit of Realogy Corporation.

In July, Realogy Corporation, a global provider of real estate franchising, brokerage, relocation and title and settlement services, announced a secondary offering of 25.1 million shares. The shares were priced at USD 47.57, representing an approximate 75% premium to the IPO price. This share sale was the second since the IPO in October 2012 and marked the full realization of Partners Group's investment in Realogy since its investment in 2007.

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

Dr. Anna Sexton

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 Holdings. 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.