Director Declaration

JPEL Private Equity Limited

Ground Floor

Cambridge House

Le Truchot, St Peter Port

Guernsey, GY1 1WD

www.jpelonline.com

VietNam Holding Limited - SEAN HURST

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GUERNSEY, 17 OCTOBER 2017

In accordance with LR 9.6.14(2), Sean Hurst, Chairman and non-executive director of JPEL Private Equity Limited, was appointed as a non-executive director of VietNam Holding Limited effective 13 October 2017.

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About JPEL Private Equity Limited

JPEL 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.

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