NEWS RELEASE
Zug, 30. March 2010
Credit Suisse-Fund sells
Pressure on share price eliminated- shareholder base more broadly diversified
In December 2005 and July 2006 CSFB Strategic Partners III (CSFB) acquired 33 percent of Private Equity Holding Ltd. (PEH). In the middle of the financial crisis, CSFB started to reduce its holding, which put significant pressure on the share price of PEH. On March 25 and 26, CSFB sold a total of 500,000 shares in several block transactions, almost fully disposing its stake. As a result of this transaction, the company's shareholder base has broadened, and there should now be less pressure on the share price.
Since January 2007, the net asset value per share has grown by more than 30 percent (EUR) despite the financial crisis. The company is debt-free and its liquidity position is comfortable. However, the large selling orders of CSFB have repeatedly depressed the share price. At the end of February the discount between the share price and the net asset value per share stood at 56 percent. The Board of Directors and Alpha Associates as Manager aim to significantly increase the attractiveness of the PEH share through a combination of measures. The reduction of the discount between the share price and the net asset value per share is of eminent importance for the shareholders and the company.
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Private Equity Holding AG (SIX: 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: Peter Wolfers, Investor Relations, peter.wolfers@peh.ch, phone +41 41 726 79 80, or http://www.peh.ch
