Partners Grp E Regulatory News (PEY)

News Release

Guernsey, 24 August 2015

Princess publishes July NAV

è Princess Private Equity Holding Limited's ("Princess") net asset value ("NAV") slightly down by -0.3% to EUR 9.11 per share

è Overall portfolio developments (+0.2%) were offset by negative currency movements (-0.3%)

è Princess received distributions of EUR 42.1 million and invested EUR 0.6 million

Distributions to Princess during July mostly stemmed from the previously announced sale of its direct investment in Universal Services of America (Universal) (EUR 29.7 million). Partners Group sold its controlling interest in US security services provider Universal to an affiliate of Warburg Pincus. During Partners Group's holding period, Universal completed over 20 bolt-on acquisitions, the number of employees increased to over 44'000 from over 27'000, while revenues rose by more than 80%. Today, Universal is the fourth largest security services company in the US. The sale resulted in a multiple of over 2.8x and an IRR of over 65% with further upside potential subject to closing adjustments.

Furthermore, the loan Partners Group provided to M7, a satellite pay TV service provider in the Benelux region and in Eastern Europe, was repaid (EUR 1.3 million). The investment was made less than a year ago and the early debt repayment was driven by the company's strong cash flows from its recurring, subscription-based revenues, which resulted in a significant deleveraging of the business. Since the debt was structured to protect the investment in case of an early repayment, Princess realized an attractive double digit return.

Besides this, distributions came from Princess' legacy third party fund portfolio (EUR 7.4 million).

Further information is available in the monthly report which can be accessed via:

http://www.princess-privateequity.net/financialreports.

Ends.

About Princess

Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests, inter alia, in private equity and private debt investments. Princess is advised in its investment activities by Partners Group AG, a global private markets investment management firm with over EUR 42 billion (over USD 47 billion) in investment programs under management in private equity, private debt, private real estate and private infrastructure. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield. Princess is traded on the London Stock Exchange (ticker symbol: PEY). Further information: www.princess-privateequity.net.

Contacts

Princess Private Equity Holding Limited:

princess@princess-privateequity.net

www.princess-privateequity.net

Registered Number: 35241

Investor relations contact

George Crowe

Phone: +44 (0)20 7575 2771

E-mail: george.crowe@partnersgroup.com

Media relations contact

Partners Group AG

Jenny Blinch

Phone: +41 41 784 65 26

E-mail: jenny.blinch@partnersgroup.com

www.partnersgroup.com

This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Princess. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about, and observe any such restrictions on the distribution of this document. In particular, this document and 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.

This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of Princess' website nor the contents of any website accessible from hyperlinks on Princess' website (or any other website) is incorporated into, or forms part of, this announcement.