Realisation

To: RNS

Date: 20 July 2012

From: F&C Private Equity Trust plc

Realisation Within the Ordinary Share Pool - Bartec

On 17 July 2012 Capvis, the Swiss based mid-market private equity firm, announced the sale of its majority stake in German explosion protection equipment company, Bartec, to Charterhouse. F&C Private Equity Trust plc ('the Company') holds Bartec as a co-investment and also through its investment in Capvis Fund III. The Company invested £2.5 million in Bartec in August 2008.

The combined proceeds to the Company, expected to be received on completion in August or September, will be £7.5 million (based on current exchange rates). This is £2.7 million or 57% above our most recent valuation as at 31 March 2012. During Capvis' tenure, Bartec has almost doubled its profits and the company has enhanced its product range and extended its international footprint. This is another excellent demonstration of the resilience of the European mid-market and of our investment partners' ability to add value against a generally challenging economic background.

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