Disclosure of shareholdings


NEWS RELEASE
Zug, July 25, 2003
 
Disclosure of shareholdings
 
In accordance with the relevant stock exchange regulations (Börsengesetz Art. 21) Private Equity Holding AG announces that as of July 21, 2003, a group represented by and directly as well as indirectly controlled by Dr. Gary Hirst together holds 230'815 or 5.13% of the registered shares and voting rights of Private Equity Holding AG.
 
The group of shareholders comprises Dr. Gary Hirst (St. Thomas, United States Virgin Islands), Global Asset Fund Ltd. (Hamilton, Bermuda), Hirst MetaStrategy Fund Ltd. (George Town, Cayman Islands), and Bergman Industrial Holdings Ltd. (Road Town, Tortola, British Virgin Islands).
 
Private Equity Holding AG (SWX: PEHN), managed by Swiss Life Private Equity Partners, 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 additional information: www.peh.ch or Tamara Krebs, Investor Relations and Communications (phone +41 41 726 79 80).
 
Private Equity Holding AG
Innere Güterstrasse 4
CH-6300 Zug
Telefon +41-41-726 79 80
Telefax +41-41-726 79 81
 
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