2013-02-08 18:02:15 -

Private Equity Holding AG /
Net Asset Value as of January 31, 2013
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The issuer is solely responsible for the content of this announcement. 

NEWS RELEASE

Zug, February 8, 2013

Net Asset Value as of January 31, 2013

The  Net Asset Value (intrinsic value) of one registered share of Private Equity
Holding   AG  stood  at  EUR  55.87 (CHF  69.07) as  of  January  31, 2013. This
represents a decrease of 0.4% (in EUR) since December 31, 2012.

The enclosed monthly newsletter shows the development of the NAV and of the
share price as well as certain balance sheet data and portfolio key figures.  

                                      ***

Private Equity Holding AG (SIX: PEHN), managed by Alpha Associates, 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 further information, please contact:
Peter Wolfers, Investor Relations, peter.wolfers@peh.ch, phone
+41 41 726 79 80,  www.peh.ch



Basis of the Net Asset Value Calculation and Disclaimer

The number of outstanding shares used for calculation of the Net Asset Value per
share     amounted     to    3,428,834 as    of    January    31, 2013 (December
31, 2012: 3,442,827). The   calculations   are   prepared   in  accordance  with
International   Financial   Reporting  Standards  (IFRS)  and  pursuant  to  the
guidelines  of the  European Venture  Capital Association  (EVCA). The Net Asset
Values of the fund investments are based on the most recent report of the latest
NAV (net asset values) as reported by the funds. Unlisted direct investments are
rated  at Net Asset Values. The Net  Asset Value of listed direct investments is
the  market  value.  Based  on  a  composite  assessment  of all appropriate and
applicable  indicators of the Net Asset Value, Private Equity Holding AG makes a
good  faith estimate of  the Net Asset  Value as of  the valuation date. The Net
Asset  Values are  calculated under  a going  concern assumption.  The Net Asset
Value  of Private Equity Holding AG is computed  as of the end of each month and
usually  published within six trading days after the cut-off date. The different
reporting  cut-off  dates  of  the  individual  companies  and  funds  in  which
participations   are   held   can  lead  to  short-term  distortions  and  cause
discrepancies  between the published Net Asset  Value and the actual total value
of Private Equity Holding AG's net assets.


News Release: 
 hugin.info/130308/R/1676765/546636.pdf



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Source: Private Equity Holding AG via Thomson Reuters ONE
[HUG#1676765]