Director Declaration

Standard Life European Private Equity Trust plc (the "Company")

Director's other publicly quoted directorships

As required by Listing Rule 9.6.14, the Company advises the following change to the information disclosed in respect of David Warnock, a non-executive director of the Company:

Directorships held in publicly quoted companies pursuant to Listing Rule 9.6.13(1)

Current Directorships:

Following the announcement by British Polythene Industries plc (BPI) on 1 August 2016 confirming the effective takeover by RPG Group plc, David Warnock, Director of BPI, has resigned from the Board of BPI with effect from 1 August 2016.