JPEL Private Equity : Net Asset Value(s) - December 2019

JPEL Private Equity Limited

Ground Floor

Cambridge House

Le Truchot, St Peter Port

Guernsey, GY1 1WD

www.jpelonline.com

Regulatory News Service

London Stock Exchange

London

EC2N 1HP

6 March 2020

Notice to Shareholders - Net Asset Value for December 2019

JPEL Private Equity Limited ('JPEL' or the 'Company') has released the Company's Net Asset Value and Quarter End Review for the period ending 31 December 2019.

Please find detailed below the estimated net asset value per share for JPEL Private Equity Limited as at 31 December 2019:

Ordinary Share Class - $1.79

Shareholders may access an electronic copy of the Quarter End Review atwww.jpelonline.comby clicking the 'Investor Information' link on the home page and then clicking the 'Reports' link. An electronic copy of the Quarter End Review is also attached to this notice.

http://www.rns-pdf.londonstockexchange.com/rns/3406F_1-2020-3-6.pdf

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About JPEL Private Equity Limited

JPEL Private Equity Limited is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed primarily to invest in the global private equity market. The investment objective of the Company is to achieve both short and long-term capital appreciation by investing in a well diversified portfolio of private equity fund interests and by capitalising on the inefficiencies of the secondary private equity market.

ENQUIRIES:

FCF JPEL Management LLC

[e-mail]

Rosemary DeRise

[phone]

[e-mail]

Samantha Ladd Sughrue

[phone]

[e-mail]