Standard Life European PE announces interim results

The Standard Life European Private Equity Trust Plc has announced its interim results for the six months ending 31 March 2002. The company’s net asset value per ordinary share has fallen by 5% since its listing on the London Stock Exchange on 29 May 2001, which compares to a 10.4% fall of the FTSE All-Share index. At 31 March 2002 the company had interests in 26 European private equity funds with a value of £76.6m, £5m more than it had on 30 September 2001.

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