Partners Grp E Regulatory News (PEY)

10 Dec 2007 18:30

Princess Private Equity Holding Ltd10 December 2007 Guernsey, 10 December 2007 Princess Private Equity Holding Limited presents its November 2007 figures Continued positive outlook for Princess in spite of challenging environment The uncertainties and high volatilities on the global financial markets also hadan impact on Princess, and adjusted for dividends to date, the NAV per share inNovember eased by 0.5%. Seen year to date, Princess can still report a positiveperformance, with the NAV up 11.4% after dividend adjustment. At the beginningof the month, Princess declared a second semi-annual dividend payment of 30cents which will be paid on 13 December 2007, with an ex-dividend date of 14November 2007. This will bring the total dividend paid in 2007 to EUR 0.54 pershare, resulting in a yield of 6.9% based on the share price as of the end ofNovember, which is well above the sector average. Dr. Henning Eckermann, Chief Economist at Partners Group, the investment advisorof Princess, comments: "A small part of the Princess's portfolio compriseslisted companies - listed private equity funds and portfolio companies that havebeen successfully floated but are still in the Princess portfolio due to lock-upperiods. These have suffered from the recent financial market turmoil as pricesfell and volatility rose across the board, irrespective of the quality of theunderlyings. Generally, however, the performance of private equity funds doesnot depend on short term-fluctuations in the market, but rather on long-termmacroeconomic developments. At the moment, our macroeconomic outlook iscautiously optimistic, which is why we expect the positive trend in NAVdevelopment to resume in 2008." More information is available from the November monthly report published todayunder www.princess-privateequity.net. About Princess: Princess is an investment holding company founded in 1999 and domiciled inGuernsey that invests in private equity and private debt investments. TheCompany is advised in its investment activities by Partners Group, a globalalternative asset management firm listed on the SWX Swiss Exchange (tickersymbol: PGHN) with CHF 22bn (as of 30 June 2007) in private equity, privatedebt, private real estate, listed alternative strategies, hedge funds andalternative beta strategies under management. Princess aims to provideshareholders with long-term capital growth and an attractive dividend yield.Princess is traded on the Frankfurt Stock Exchange (ticker symbol: PEY1) and onthe London Stock Exchange (ticker symbol: PEY) with a market capitalization ofapproximately EUR 533m. Further information: www.princess-privateequity.net Contacts: Princess Private Equity Holding Limited:Brian HumanManaging DirectorPhone: +44 1481 730 946princess@princess-privateequity.netwww.princess-privateequity.net Media Relations and Partners Group:Tamara KrebsCommunicationsTel.: +41 41 768 85 26tamara.krebs@partnersgroup.netwww.partnersgroup.net This document does not constitute an offer to sell or a solicitation of an offerto buy or subscribe for any securities of Princess Private Equity HoldingLimited or any Co-ownership Interests in any jurisdiction. No offer ofsecurities of Princess Private Equity Holding Limited or Co-ownership Interestsis being, or will be, made to the public. The distribution of this document maybe restricted by law in certain jurisdictions. Persons into whose possessionthis document comes must inform themselves about, and observe any suchrestrictions on the distribution of this document. In particular, this documentand 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. Neither the Ordinary Shares nor the Co-ownership Interests have been and will beregistered under the United States Securities Act of 1933 as amended (the''Securities Act''), and, subject to certain exceptions, may not be offered orsold within the United States or to, or for the account or benefit of, USpersons (as such term is defined in the Regulation S under the Securities Act). This information is provided by RNS The company news service from the London Stock Exchange