Death Of Director

CHELVERTON GROWTH TRUST PLC

Death of Director

The Board of Chelverton Growth Trust PLC announces with great regret that on 25
November 2010, Bryan Lenygon passed away.

Bryan, a Director of the Company since launch in 1998, was an important member
of the Board and his experience, wisdom and humour will be sadly missed by all.

Enquiries: Chelverton Asset Management 0207 222 8989.