Spice Private Equity AG

Earnings Release • Nov 25, 2014

National Storage Mechanism | Additional information

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RNS Number : 8691X

Princess Private Equity Holding Ltd

25 November 2014

News Release

Guernsey, 25 November 2014

NAV slightly up in October

è Princess Private Equity Holding Limited's ("Princess") net asset value ("NAV") increased slightly by 0.04% to EUR 8.69 per share, year-to-date NAV growth stands at +11.0%

è Portfolio developments were flat and currency movements were slightly positive (+0.1%) for the month

è Princess received distributions of EUR 1.2 million

During the month, distributions (EUR 1.2 million) came predominately from Princess' mature funds portfolio. Following an active investment period over the first nine months of 2014, there were no new direct investments closed in October. Year to date, Princess has deployed EUR 75.6 million to thirteen new direct investments.

After the review period, Princess' Board of Directors announced that on 17 December 2014 a second dividend of EUR 0.27 will be paid on each Ordinary Share. The total dividend due to shareholders for the calendar year is therefore EUR 0.54 per share, including the interim dividend of EUR 0.27 per share distributed in June. This translates into a dividend yield of 6.2% on NAV per share (as of 31 October 2014) and a yield of 7.7% on Princess' share price, based on the 31 October 2014 closing price on the London Stock Exchange. Princess has a dividend policy to distribute 5-8% p.a. of opening NAV via two interim dividends following the publication of the quarterly reports as of 31 March and 30 September.

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 33 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:

princess@princess-privateequity.net

www.princess-privateequity.net

Registered Number: 35241

Investor relations contact

George Crowe

Phone: +44 (0)20 7575 2771

E-mail: george.crowe@partnersgroup.com

Media relations contact

Partners Group AG

Jenny Blinch

Phone: +41 41 784 65 26

E-mail: Jenny.Blinch@partnersgroup.com

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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