EGM Statement

Elderstreet VCT plc
6 March 2008

At the Extraordinary General Meeting of Elderstreet VCT plc, held
today, all resolutions were passed.

Details of the proxy votes in respect of the resolutions passed at
the Extraordinary General Meeting received as at 9.30am on 4 March
2008, 48 hours before the time of the meeting, at Downing Management
Services are set out below:


                  For     Discretionary  Against   Withheld
Resolution No.   No. of      No. of       No. of    No. of    Total
                 Votes        Votes       Votes     Votes     Votes
               % of votes  % of votes   % of votes            % of
                                                              votes
      1         514,970      22,763       20,827    3,810    562,370
                 92.2%        4.1%         3.7%              100.0%
      2         509,636      22,763       15,827    14,144   562,370
                 93.0%        4.1%         2.9%              100.0%
      3         495,873      22,763       24,590    19,144   562,370
                 91.3%        4.2%         4.5%              100.0%


A copy of the resolutions passed will be submitted to the UK Listing
Authority and will shortly be available for inspection at the UK
Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Telephone: [phone]

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