Director/PDMR Shareholding

CHELVERTON GROWTH TRUST PLC

The Company announces that Colinette Holdings Limited, disposed of 55,000
Ordinary shares of Chelverton Growth Trust PLC on 1 February 2007.

Following this transaction, Mr David Horner, a Director of Chelverton Growth
Trust PLC and Managing Director of Chelverton Asset Management Limited (the
investment managers of Chelverton Growth Trust PLC) is deemed to be interested
in a total of 1,005,000 Ordinary shares (representing 5.70% of the total number
of shares in circulation).

1 February 2007