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 Announces Monthly Net Asset
Value Update for October 2007
5 November 2007
Lehman Brothers Private Equity Partners Limited ("LBPE" or "the
Company"), a closed-end private equity fund of funds investment
company, today announced an updated valuation of its Net Asset Value
As of 31 October 2007, the NAV per share was $10.36, representing an
increase of 3.6% over the initial offering price of $10.00 per share
on 25 July 2007 and an increase of 0.7% over the 30 September 2007
NAV per share of $10.29.
In line with its commitment to investor transparency regarding fund
performance, LBPE expects to provide regular NAV updates for the
months ending 30 November 2007 and 31December 2007 within seven days
of each month's end.
A breakdown of LBPE's NAV can be obtained in the monthly report for
the period ending 31 October 2007, which is published on the
Company's Web site at www.lbpe.com. The monthly report should be read
in conjunction with this announcement.
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 www.lbpe.com.
For further information, please contact:
Lehman Brothers +44 20 7102 7252
Financial Dynamics +44 20 7269 7229
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 www.lehman.com.
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