ELTA.L Regulatory News (ELTA)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO AUSTRALIA, CANADA, JAPAN, NEW ZEALAND AND SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

Electra Private Equity PLC

Results of General Meeting

2 December 2016

Electra Private Equity PLC (the "Company") announces that at its general meeting (the "General Meeting") held today: (i) the resolution to approve the waiver of Rule 9 of the City Code on Takeovers and Mergers in connection with the Tender Offer, which was voted on only by Independent Shareholders (as defined in the Company's circular to shareholders published on 8 November 2016), was passed as an ordinary resolution; and (ii) the resolution to authorise the Company to make purchases of Ordinary Shares in connection with the Company's tender offer was passed as a special resolution. Both resolutions were voted on by way of a poll and the results were as follows:

Result of poll

1 Percentages are expressed as a proportion of the total votes cast.

2 A vote withheld is not a vote in law and is not counted towards the votes "For" or "Against" the Resolutions, nor in the calculation of the total votes cast.

The Company expects to announce the group's audited results for the financial year ended 30 September 2016 on 9 December 2016 and to announce the result of the Company's tender offer on 22 December 2016. Further details of the tender offer are set out in the circular to Shareholders referred to above.

The results of the general meeting (including this information) will shortly be available on the Company's website at www.electraequity.com.

In accordance with the UK Financial Conduct Authority's Listing Rules, a copy of the Resolutions will shortly be submitted to the National Storage Mechanism and will be available at www.morningstar.co.uk/uk/NSM.

This announcement contains inside information.

For further information, please contact:

HSBC Bank plc

Simon Alexander

Alex Thomas

Thomas Pinks

Tel +44 20 7991 8888

Morgan Stanley

Andrew Foster

Sam McLennan

Richard Brown

Tel: +44 20 7425 8000

Brunswick Group LLP

Gill Ackers/Kim Fletcher

Electra@brunswickgroup.com

Tel: +44 20 7404 5959

Gavin Manson

Chief Financial Officer

Electra Private Equity PLC