3Q07 Conference Call

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 prospectus@nl.abnamro.com. Lehman Brothers Private Equity Partners Details of Conference Call for Third Quarter 2007 Results 12 November 2007 Following the publication of Lehman Brothers Private Equity Partners' ("LBPE") Third Quarter 2007 Results on Wednesday 31 October 2007 and the October Monthly Report on Monday 5 November 2007, LBPE will host a conference call for investors and analysts to discuss the Company's performance. The call will be held at 14.30 CET / 13.30 GMT / 8.30am EST on Tuesday 13 November 2007. The call can be accessed by dialing +1-866-793-1301 (U.S.) or +1-703-639-1307 (International). Please ask for "the LBPE conference call". LBPE expects to release an investor presentation that will be available in advance of the call at www.lbpe.com. A playback facility will be available 2 hours after the conference call. This facility can be accessed by dialing +1-703-925-2533. The code to access the recording is 1164690. For further information, please contact: +---------------------------------------+ | Lehman Brothers | +44 20 7102 3424 | |---------------------------------------| | Jeremy Apfel | | | |---------------------------------------| | Financial Dynamics | +44 20 7269 7229 | |---------------------------------------| | Rob Bailhache | |---------------------------------------| | Charles Gorman | |---------------------------------------| | Nick Henderson | +---------------------------------------+ About LBPE LBPE listed on Euronext Amsterdam on 25 July 2007, raising a total of $542.1 million. In addition to bearing the IPO costs, Lehman Brothers subscribed for a total of $145 million LBPE shares, which are subject to a 3-year lockup. About Lehman Brothers Private Equity Started in 1984, Lehman Brothers' Private Equity business has current assets under management of over $22 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 any security.