Yes, you can obtain a JAR-PPL with just an MEP rating and a good ex-military friend of mine did just that.
Having left the military many years ago, he came into civilian flying by obtaining an NPPL with SSEA, which was a shortened course because of the appropriate exemptions for his considerable previous military experience on both single- and multi-engined.
A year or two later he wanted to get back into twin flying as well. However, an NPPL was not appropriate as it does not extend beyond single-engine so he underwent an MEP course, applied for and was issued with a JAR-PPL with only an MEP rating. Thus he held a PPL/MEP with no SEP.
It is therefore not only possible but it has been done - and why not?
JD