EGM Requisition

Murray VCT 3 PLC
21 July 2005


FOR IMMEDIATE RELEASE

MURRAY VCT 3 PLC

21 July 2005

EGM Requisition

The company secretary of Murray VCT PLC, Murray VCT 2 PLC and Murray VCT 3 PLC
is in receipt of shareholder requisitions to convene extraordinary general
meetings of each company to consider resolutions for the removal of the existing
directors and the appointment of new board members nominated by Mr Charles
Clark, a shareholder in the three companies.

Mr Clark had mounted a campaign to have these resolutions put at forthcoming
AGMs of the companies, which the boards of the respective companies had agreed
to do, but has now escalated his activities by requiring separate extraordinary
general meetings to be convened.

Mr Clark and his proposed directors continue to resist meeting with the Boards
of the companies or their advisers and to respond to their enquiries. The Boards
remain unconvinced as to the independence of and motives behind Mr Clark's
action and look forward to the opportunity to ask questions directly of Mr Clark
and his nominees.

The Boards will issue circulars convening EGMs and AGMs as required and will
explain why they consider shareholders should not support Mr Clark's actions.

Media Enquiries:

Beattie Communications:
Derek Douglas                                                  01324 602550



                      This information is provided by RNS
            The company news service from the London Stock Exchange