Total Voting Rights

To: RNS

From: Standard Life European Private Equity Trust PLC

Date: 1 September 2016

Standard Life European Private Equity Trust PLC (the "Company")

Total Voting Rights

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, as at 31 August 2016 the total number of Ordinary shares of 0.2p of the Company in issue is 153,746,294.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

Clare Allan

for Maven Capital Partners UK LLP

Company Secretary

Enquiries: 0141 206 0129