Company Secretary Change

STANDARD LIFE PRIVATE EQUITY TRUST PLC

Legal Entity Identifier (LEI): 2138004MK7VPTZ99EV13

29 August 2019

Change of Company Secretary

Standard Life Private Equity Trust PLC ("the Company") announces that, with effect from 6 September 2019, the Secretarial Agreement between the Company and Maven Capital Partners UK LLP ("Maven") will be terminated. From 6 September 2019, Aberdeen Asset Management PLC ("AAM") will assume responsibility for the provision of the company secretarial services to the Company.

The Board would like to thank Maven for its support to the Company over recent years.

There is no change to the management of the Company, which continues to be provided by SL Capital Partners LLP.

All enquiries:

Evan Bruce-Gardyne

Aberdeen Asset Management PLC

Company Secretary

1 George Street

Edinburgh

EH2 2LL

Tel: 0131 245 0571