31 July 2008

Lehman Brothers Private Equity Partners Limited ("LBPE" or "The
Company") will publish
its second quarter results for the period ended 30 June 2008 and its
July 2008 Monthly
Report prior to the opening of trading on Thursday, 7th August 2008.

LBPE will also host a conference call for investors and analysts to
discuss the Company's
performance. The call will be held at 15.30 CEST / 14.30 BST / 9.30am
EDT on Thursday,
7th August 2008. The call can be accessed by dialing +1-866-835-8906
(U.S.) or +1-703-
639-1413 (International) with the access code 1268067. Please ask for
"the LBPE
conference call."

The results announcement, Monthly Report and an investor presentation
will be available in
advance of the call at www.lbpe.com.

A playback facility will be available two hours after the conference
call. This facility can be
accessed by dialing +1-888-266-2081 (U.S.) or +1-703-925-2533
(International). The code
to access the recording is 1268067.

The Interim Financial Report for LBPE for the period ending 30 June
2008, the July 2008
Monthly Report and the presentation in connection with the investor
conference call will be
made available on the Company's Web site at www.lbpe.com prior to the
opening of trading
on Thursday, 7th August 2008.

For further information, please contact:
Lehman Brothers +44 207 102 3424
Jeremy Apfel

Financial Dynamics +44 207 269 7114
Rob Bailhache
Nick Henderson


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