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Diversified Private Equity Corp. provides summary of operations

Diversified Private Equity Corp. (the "Company") provides the following summary of operations for the quarter ended September 15, 2009. The Company provides holders of the Company's shares with tax efficient exposure to the total return of a portfolio of securities consisting of ten firms specializing in private equity investments that are publicly traded in North America and ten firms specializing in private equity investments that are publicly traded in Europe.

At September 15, 2009, the net asset value per share was $3.80 as compared to $3.30 at June 15, 2009, representing an increase of 15.2%. The net asset value per share as at October 26, 2009 was $4.13.

The Company's shares are listed for trading on the TSX under the symbol PEQ.

%SEDAR: 00024739E

SOURCE: Diversified Private Equity Corp.

Diversified Private Equity Corp. - Investor Relations, (416) 945-7380, E-mail:
mc_dpec@scotiacapital.com, Web site: www.scotiamanagedcompanies.com

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Related terms: europe, north america, Private Equity, securities, tax

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