Result of EGM

Elderstreet VCT plc
27 July 2010
Result of General Meeting

At  the General  Meeting of  Elderstreet VCT  plc, held  at 4.00 p.m. today, the
resolution was passed.

Details  of the  proxy votes  in respect  of the  resolutions passed  at General
Meeting  received as at  4.00 p.m. on 20 July  2010, 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       |1,932,467 |   49,716    | 833,313  | 66,072 |2,765,780 |
|              |          |             |          |        |          |
|              |  68.07%  |    1.80%    |  30.13%  |        | 100.00%  |
+--------------+----------+-------------+----------+--------+----------+

A  copy of the resolution  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]


[HUG#1433645]








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
		
Source: Elderstreet VCT plc via Thomson Reuters ONE