In accordance with the relevant stock exchange regulations (Börsengesetz Art. 21) Private Equity Holding AG announces that as of August 29, 2003, a group represented by and directly or indirectly controlled by Dr. Gary Hirst together holds 475,434 or 10.57% of the registered shares and voting rights of Private Equity Holding AG.
The group of shareholders comprises Dr. Gary Hirst (St. Thomas, United States Virgin Islands), Global Asset Fund Ltd. (Hamilton, Bermuda), Hirst MetaStrategy Fund Ltd. (George Town, Cayman Islands), and Bergman Industrial Holdings Ltd. (Road Town, Tortola, British Virgin Islands).
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Private Equity Holding AG (SWX: PEHN), managed by Swiss Life Private Equity Partners, 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 additional information: www.peh.ch or Tamara Krebs, Investor Relations and Communications (phone +41 41 726 79 80).