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 Announces
Monthly Net Asset Value Update for December 2007
9 January 2008
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 ("NAV").
As of 31 December 2007, the unaudited NAV per share was $10.31, representing an increase
of 3.1% over the initial offering price of $10.00 per share on 25 July 2007 and a decrease of
0.7% compared to the 30 November 2007 NAV per share of $10.38.
LBPE expects to issue its annual report and audited financial statements for the period from
inception to 31 December 2007 on or about 1 February 2008. The Company is required to
consider, and will consider, all known material information in preparing such financial
statements, including information that may become known subsequent to the issuance of this
monthly NAV update. Accordingly, amounts included in the financial statements may differ
from the amounts published in the monthly report.
In addition, LBPE also expects to provide regular NAV updates for the months ending 31
January 2008 and 29 February 2008 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
December 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.
For further information, please contact:
Lehman Brothers +44 207 102 3424
Jeremy Apfel
Financial Dynamics +44 207 269 7229
Rob Bailhache
Nick Henderson
About Lehman Brothers Private Equity
Lehman Brothers' Private Equity business, started in 1984, has assets under management of
approximately $25 billion and consists of 23 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.
