Director's Share Purchase

J.P. Morgan Private Equity Limited

Carinthia House

9-12 The Grange

St Peter Port

Guernsey GY1 4BF

www.jpelonline.com

Regulatory Information Service

London Stock Exchange

London

EC2N 1HP

24 February 2015

Notification of Dealings in Shares - DTR 3.1 - Director's Share Purchase

24 February 2015: J.P. Morgan Private Equity Limited ("JPEL" or the "Company") was informed that on 23 February 2015 one of its Directors acquired US$ Equity Share, as beneficial owner, as follows:

Name: Anthony Dalwood

Title: Director

Company: J.P. Morgan Private Equity Limited

Class of Shares: US$ Equity

Date of Purchase: 23 February 2015

Nature of Transaction: Acquisition

Place of Transaction: London, United Kingdom

Price per Share: 58.7p (approximately $0.90)

Number of Shares: 127,747

The Company makes this announcement in accordance with DTR 3.1.4 of the Disclosure and Transparency Rules in respect of the person named above.

* * *

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.