Diversified Private Equity Corp. announces exercise of over-allotment option



    TORONTO, April 13 /CNW/ - Diversified Private Equity Corp. (the
"Company") announced today that it has completed the issuance of an additional
95,790 Class A Shares (the "Shares") for gross proceeds of $957,900 pursuant
to the over-allotment option granted to the Company's agents in its recently
completed initial public offering. Together with the $21,500,000 previously
raised by the Company, the Company has raised aggregate gross proceeds of
$22,457,900.
    The Company has been created to provide holders of the Company's Shares
with tax efficient exposure to the total return of an initially
equally-weighted portfolio of securities consisting of the ten largest firms
specializing in private equity investments that are publicly traded in North
America and the ten largest firms specializing in private equity investments
that are publicly traded in Europe.
    Shares are listed for trading on the TSX under the symbol PEQ.
    %SEDAR: 00024739E




For further information:

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

Organization Profile

DIVERSIFIED PRIVATE EQUITY CORP.

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