Private Equity Holding AG /
Net Asset Value as of April 30, 2011
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The issuer is solely responsible for the content of this announcement.
NEWS RELEASE
Zug, May 05, 2011
Net Asset Value as of April 30, 2011
The Net Asset Value (intrinsic value) of one registered share of Private Equity
Holding AG stood at EUR 52.56 (CHF 68.08) as of April 30, 2011. This represents
a decrease of 3.0% in EUR since March 31, 2011, and mainly results from the
strengthening of the EUR compared to the USD.
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,
http://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 3,691,816 as of April 30, 2011 (March 31, 2011: 3,702,727).
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 published four
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.
--- End of Message ---
Private Equity Holding AG
Innere Güterstrasse 4 Zug
WKN: 906781;ISIN: CH0006089921;
News Release:
http://hugin.info/130308/R/1512983/448765.pdf
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Source: Private Equity Holding AG via Thomson Reuters ONE
[HUG#1512983]
