EGM Statement

    RNS Number : 9148C
  Bear Stearns Private Equity Limited
  08 September 2008
   

    Bear Stearns Private Equity Limited 
    St Martin's House, Le Bordage, St Peter Port, Guernsey, GY1 4AU 

    Regulatory News Service 
    London Stock Exchange 
    London 
    EC2N 1HP 

    8 September 2008

    Bear Stearns Private Equity Limited - Result of Extraordinary General Meeting
    The Board of Directors of Bear Stearns Private Equity Limited (the "Company") announces that at the Extraordinary General Meeting of the
Company held on Friday, 5 September 2008, all the resolutions, as set out in the notice of meeting contained in the circular sent to
Shareholders on 7 August 2008, were duly passed.  

    The name change to J.P. Morgan Private Equity Limited will become effective within a few weeks from 5 September 2008, pending approval
from the Guernsey Registry.  Following this approval, the Company's tickers will be changed to "JPEL" and "JPEZ" for Equity shares and ZDP
shares, respectively.  A further announcement will be made in due course.  

    The name change provides the Company's shareholders with the benefits of investor familiarity with the JPMorgan brand as well as the
continued private equity investment expertise of the Company's Manager. Both the Manager and the team currently running the Company, led by
Gregory Getschow and Troy Duncan, will continue to be responsible for all of the Company's investment decisions and its other day to day
activities.

    The Company's website address will also change to reflect the Company's new name.  Following the approval of the name change, the
Company's website will be available via www.jpelonline.com, and www.jpelonline.co.uk. Additionally, the URLs for www.bspel.com and
www.bspel.co.uk will redirect to the newly branded JPEL websites.

    Terms used in this announcement shall have the same meaning as those set out in the circular to shareholders dated 7 August 2008. 
Copies of the resolutions passed have been submitted to the Document Viewing Facility of the UK Listing Authority and will shortly be
available for inspection at:

    Financial Services Authority
25 The North Colonnade
Canary Wharf
    London E14 5HS
    Tel. No. (0)20 7066 1000


    Enquiries: 

    Bear Stearns Asset Management 
    Greg Getschow / Troy Duncan - 001 212 272 7732 

    JPMorgan Cazenove
    Angus Gordon Lennox - 020 7588 2828

    Peregrine Communications 
    Anthony Payne / Max Hilton - 020 7978 6052

    END

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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