Jpel Priv Eqty Regulatory News (JPEL)

J.P. Morgan Private Equity Limited

PO Box 60

Carinthia House

9-12 The Grange

St Peter Port

Guernsey GY1 4BF

www.jpelonline.com

JPEL Announces Results of Extraordinary General Meeting

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GUERNSEY, 26 FEBRUARY 2016

J.P. Morgan Private Equity Limited ("JPEL" or the "Company") announces that at the Extraordinary General Meeting ("EGM") of the Company held on 25 February 2016, the following special resolutions put to shareholders were duly passed:

1. To change the name of the Company to JPEL Private Equity Limited, conditional upon the satisfaction of certain conditions agreed between J.P. Morgan Asset Management and affiliates of Fortress Investment Group LLC relating to the transfer of the investment management team responsible for the management of the Company from J.P. Morgan Asset Management to FIG.

2. To adopt new Articles of Incorporation of the Company, conditional upon the approval of the first resolution and effective on the change of name of the Company pursuant thereto.

The change of the Company's name will become effective following completion of requisite formalities and the acknowledgement thereof by the Guernsey Registry.

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For further information please contact:

J.P. Morgan Private Equity Limited

Greg Getschow

+1 212 648 1150

Gregory.Getschow@jpmorgan.com

Rosemary DeRise / Samantha Ladd

+1 212 648 2980 / +1 212 648 2982

Rosemary.DeRise@jpmorgan.com / Samantha.Ladd@jpmorgan.com

About JPEL Private Equity Limited

JPEL Private Equity Limited ("JPEL" or the "Company") is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL, JPSZ). The Company's capital structure consists of two classes of shares: US$ Equity Shares and one class of Zero Dividend Preference Shares due 2017. Investment management of the Company was acquired by J.P. Morgan as part of its acquisition of Bear Stearns in 2008 and is not part of J.P. Morgan Asset Management's Investment Trust business.