Jpel Priv Eqty Regulatory News (JPEL)

J.P. Morgan Private Equity Limited

St Martins House, Le Bordage, St Peter Port, Guernsey, GY1 1BP

www.jpelonline.com, www.jpelonline.co.uk

Regulatory News Service

London Stock Exchange

London

EC2N 1HP

29 April 2010

"REPLACEMENT"

Notice to Shareholders - Interim Management Statement for the period ending 31 March 2010

J.P. Morgan Private Equity Limited ("JPEL" or the "Company") has released the Company's Interim Management Statement for the period ending 31 March 2010. Shareholders may access an electronic copy of the Interim Management Statement at www.jpelonline.com or www.jpelonline.co.uk by clicking the "Investor Information" link on the home page and then clicking the "Reports" link.

An electronic copy of the Interim Management Statement is also attached to this notice.

 http://www.rns-pdf.londonstockexchange.com/rns/0241L_-2010-4-29.pdf

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About J.P. Morgan Private Equity Limited

J.P. Morgan 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:

Bear Stearns Asset Management / J. P. Morgan Asset Management

Greg Getschow / Troy Duncan - +1 212 648 1150 / +44 (0)20-7742-3032

Rosemary DeRise + 1 212 648 2980