Annual Financial Report

J.P. Morgan Private Equity Limited

Carinthia House

9-12 The Grange

St Peter Port

Guernsey GY1 4BF

www.jpelonline.com

Regulatory News Service

London Stock Exchange

London

EC2N 1HP

3 October 2014

Annual Report and Financial Statements for the year ended 30 June 2014

J.P. Morgan Private Equity Limited ("JPEL" or the "Company") is pleased to announce that the Company's Annual Report and Financial Statements ("Annual Report") for the year ended 30 June 2014 have been released. Shareholders may access an electronic copy of the Annual Report at www.jpelonline.com by clicking on the "Investor Information" and "Reports" link on the home page.

An electronic copy of the Annual Report is also attached to this notice.

http://www.rns-pdf.londonstockexchange.com/rns/3520T_-2014-10-2.pdf

A copy of the Annual Report has been forwarded to the Financial Services Authority and submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do

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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 J.P. Morgan Private Equity Limited

J.P. Morgan Private Equity Limited ("JPEL" or the "Company") is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL, JPZZ, JPSZ). The Company's capital structure consists of three classes of shares: US$ Equity Shares and two classes of Zero Dividend Preference Shares due 2015 and 2017, respectively.