Private Equity Holding AG Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------



In the first quarter of the financial year 2008/2009, Private Equity Holding AG reports a comprehensive net gain of EUR 0.7 million. The fair value per share increased from CHF 83.46 to CHF 85.96.

As of June 30, 2008, the fair value stood at CHF 85.96, which represents an increase of 3% in the first quarter of 2008/2009 and an increase of 8% compared to the previous year (June 30, 2007: CHF 79.62). The closing price of the shares on June 30, 2008 was CHF 51.45 per share, showing a slight increase of CHF 0.45 during the period in review.

In July 2008, Private Equity Holding AG committed EUR 5 million to OCM European Principal Opportunities Fund II, which will invest primarily in distress-for-control opportunities and special situations in Europe. Private Equity Holding AG has committed EUR 18 million to distressed managers since the beginning of 2007. Distressed managers enjoy excellent investment opportunities in the current market environment.

The Board of Directors and Alpha Associates, Manager of Private Equity Holding, remain committed to delivering consistent net asset value growth.

The Quarterly Report as of June 30, 2008 is available on our website www.peh.ch.

Private Equity Holding AG (SWX: PEHN), managed by Alpha Associates, offers investors the opportunity to invest, within a simple legal and tax optimized structure, in a broadly diversified and professionally managed private equity portfolio. For further information, please contact: Claudine Birbaum, Investor Relations, claudine.birbaum@peh.ch, phone +41 41 726 79 80 or http://www.peh.ch.

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Private Equity Holding AG Innere Güterstrasse 4 Zug

WKN: 906781; ISIN: CH0006089921; Index: IGSP; Listed: Investment Companies in SWX Swiss Exchange;



LINK: http://hugin.info/130308/R/1237602/264497.pdf

Private Equity Holding AG

http://www.peh.ch

ISIN: CH0006089921

Stock Identifier: XSWX.PEHN