Half Yearly Report

Unaudited Interim Report and Financial Statementsfor the period ended 31 December 2014

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GUERNSEY, 20 FEBRUARY 2015

J.P. Morgan Private Equity Limited ("JPEL" or the "Company") is pleased to announce that the Unaudited Interim Report and Financial Statements ("Semi-Annual Report") for the period ended 31 December 2014 have been posted to the Company's website.

Shareholders may access an electronic copy of the Semi-Annual Report at www.jpelonline.com or www.jpelonline.co.uk by clicking on the "Investor Information" and "Reports" link on the home page.

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

http://www.rns-pdf.londonstockexchange.com/rns/4150F_-2015-2-19.pdf

A copy of the Semi-Annual Report has been 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.