Result of AGM

14 November 2014                                

                         STRATEGIC EQUITY CAPITAL PLC                          

                                (THE "COMPANY")                                

                       RESULT OF ANNUAL GENERAL MEETING                        

Following the Annual General Meeting held today, the Company is pleased to
announce that shareholders passed all the resolutions contained in the Notice
of Meeting.

Resolutions 1 to 11 related to Ordinary Business. Resolutions 12 to 17 related
to Special Business, as set out below:

Resolution 12: To continue the Company as an investment trust

Resolution 13: To authorise Directors to allot shares

Resolution 14: To authorise the Directors to allot shares having disapplied
pre-emption rights

Resolution 15: To authorise the Company to purchase its own shares

Resolution 16: To authorise the Directors to implement the semi-annual tender
offer on substantially the same terms set out in the circular to shareholders
of the Company published on 5 June 2014

Resolution 17: To authorise the Directors to implement a semi-annual tender
offer in May 2015

All resolutions were passed on a show of hands.

The proxy voting is set out below for information.

Resolution        Votes For        Votes      Votes at   Votes Withheld
                                 Against    Chairman's                 
                                            Discretion                 
                                                                       
    1            24,435,262            0             0            8,014
                                                                       
    2            24,443,276            0             0                0
                                                                       
    3            24,435,262            0             0            8,014
                                                                       
    4            24,435,262            0             0            8,014
                                                                       
    5            23,844,276            0             0          599,000
                                                                       
    6            23,844,276            0             0          599,000
                                                                       
    7            24,443,276            0             0                0
                                                                       
    8            24,443,276            0             0                0
                                                                       
    9            24,443,276            0             0                0
                                                                       
    10           24,443,276            0             0                0
                                                                       
    11           24,443,276            0             0                0
                                                                       
    12           24,443,276            0             0                0
                                                                       
    13           24,443,276            0             0                0
                                                                       
    14           24,431,162        4,100             0            8,014
                                                                       
    15           24,443,276            0             0                0
                                                                       
    16           24,443,276            0             0                0
                                                                       
    17           24,440,676        2,600             0                0