LBPE - Financial Results for the Period Ending 30 September 2007

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS. For further information about the global offering, reference is made to the offering memorandum dated 6 July 2007 (the "Offering Memorandum"). Copies of the offering memorandum, in the English language, may be obtained free of charge from the office of LBPE at Polygon Hall, Le Marchant Street, St. Peter Port, Guernsey, from the offices of the managers of the offering and from the office of ABN AMRO Bank N.V., the listing and paying agent, at Gustav Mahlerlaan 10, 1082 PP Amsterdam, the Netherlands, tel +31 20 383 6707, e-mail Lehman Brothers Private Equity Partners Limited Announces Financial Results for the Period Ending 30 September 2007 31 October 2007 Lehman Brothers Private Equity Partners Limited ("LBPE" or "the Company"), a closed-end private equity fund of funds investment company, today announced results for its inaugural reporting period. This covers the period since the successful initial public offering ("IPO") of the Company's shares on Euronext Amsterdam N.V.'s Eurolist by Euronext on 25 July 2007. As of 30 September 2007, the unaudited final Net Asset Value ("NAV") per share was $10.29. This represents an increase of 2.9% over the initial offering price of $10.00 per share. The NAV of $10.29 per share is 4 cents higher than was reported in the September 2007 Monthly Report as a result of the receipt of additional portfolio valuation information. Highlights of Third Quarter 2007 performance: - Positive initial performance of +2.9% for the partial quarter - Private Equity Investment Level rose to 58% of Net Asset Value from 47% at IPO - Total Private Equity exposure increased to 121% of Net Asset Value, from 113% on listing - LBPE committed to a further four new private equity investments during the quarter The Interim Financial Report for LBPE for the period ending 30 September 2007 is available on the Company's Web site at and attached to this announcement. The Interim Financial Report should be read in conjunction with this announcement. The October 2007 Monthly Report is expected to be released on 5 November 2007. LBPE will host a conference call during the week of 12 November 2007 to discuss financial results; details of the call will be posted on the Company's Web site at For further information, please contact: Lehman Brothers +44 20 7102 7252 Patrick Meyer Financial Dynamics +44 20 7269 7229 Rob Bailhache Charles Gorman Nick Henderson About Lehman Brothers Private Equity Started in 1984, Lehman Brothers' Private Equity business has aggregate committed capital since inception of approximately $26 billion and consists of 18 different fund strategies across six asset classes: merchant banking, venture capital, real estate, fund of funds, credit and infrastructure. About Lehman Brothers Lehman Brothers, an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide. Founded in 1850, Lehman Brothers maintains leadership positions in equity and fixed income sales, trading and research, investment banking, private investment management, asset management and private equity. The Firm is headquartered in New York, with regional headquarters in London and Tokyo, and operates in a network of offices around the world. For further information about Lehman Brothers' services, products and recruitment opportunities, visit This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.